re: looks interesting ... gratuitous ramp Hmmm ... the AMP ann discloses more bad news than good despite the gratuitous ramp ...
Contemporary Inflows might be up 2H03 compared to 1H03 but in usual AMP style, the true picture is usually the opposite.
Contemporary Inflows for FY03 were 1492(A$m) but a closure look at page 2 of the ann shows FY02 were 2932(A$m).
Sooo ... the upbeat ramp means absolutely nothing ... the real numbers show FY03 performance a 49% drop in Contemporary Inflows over the previous year.
Total AMP Financial Services (Aus/NZ) Cash Flows - Net Inflows FY02 were 1168(A$m) compared to dismal FY03 performance of negative -537(A$m).
This is probably the reason (along with yesterdays news of the impending $5.8billion loss for FY03) for the decline in price.
Cheers ... good luck to all holders.
This is only my view ... read the red stuff.
looks interesting, page-4
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Last
$1.10 |
Change
-0.015(1.35%) |
Mkt cap ! $2.873B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.09 | $10.08M | 9.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 361347 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 99874 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |