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Helmich

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21/09/21

06:48

Post #: 56222515
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Originally posted by Danger32: ↑

@Richie2013 agree I think the number would have to have a '4' in front of it to get the attention of shareholders (retail or insto). There would be a lot of shareholders who are coming off mid 5's at the beginning of the year that would likely reject anything less than what the value of the stock was prior to the RC.

It's going to be an interesting time this next 90 days as we should:

1. RC finding due to be reported to GG by 01/02/19
2. Full year results 14/02/19 including announcement of dividend
3. See if we have a trade agreement between the USA and China as well as an outcome on BREXIT (which could reduce/ramp up volatility)
I don't think any investors are under the illusion that AMP's FY results are going to be pretty poor (due to remediation costs/pending class actions etc.) but a lot of that has been factored in to the current SP. What is key is whether or not the RC allow AMP to continue with the vertical integration model which then if that occurs you're looking at a 7-8% yield on a potential 10 cent dividend. I think barring an 'Armageddon' situation with the RC this dividend will be maintained. There will be investors prepared to take a 'punt' on the dividend paid once the RC recommendations are known...even if it was reduced the yield is still quite high with the potential for short-term uplift in the SP

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Gee, this post didnt age too well. Got any other nuggets of info for us?

AMP Price at posting: 94.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last $1.07		Change 0.013(1.18%)		Mkt cap ! $2.814B

Open	High	Low	Value	Volume
$1.06	$1.08	$1.06	$5.517M	5.288M

Buyers (Bids)

No.	Vol.	Price($)
65	341020	$1.07

Sellers (Offers)

Price($)	Vol.	No.
$1.08	397566	75

View Market Depth

No.	Vol.	Price($)
66	333437	1.070
32	314550	1.065
21	290694	1.060
19	235772	1.055
18	880410	1.050

Price($)	Vol.	No.
1.075	387624	70
1.080	691987	51
1.085	653101	34
1.090	788487	27
1.095	1000662	21

Last trade - 14.48pm 21/06/2024 (20 minute delay)

AMP (ASX) Chart

Gee, this post didnt age too well. Got any other nuggets of info...

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