Australia's largest stock trading and investment forum Australia's #1 stock forum

AMP

Click for more information

0.22%

$1.12 amp limited

New Board and a new Strategy.

First 29 Last

Share
Profile

Follow
rove2015

226 Posts.

20

17/09/18

13:42

Post #: 35646803
Share

Originally posted by Buyonfact ↑

Lexcorp

Are you suggesting that a sensible strategy is to reduce income even faster with no offsetting decrease in costs?

This may be a strategy that leads to a more competitive product. But it does not mean an increase in profit. It does avoid complete failure.

It just confirms what BarnArse is saying; this is a business in decline so a low pe is justified. Everywhere you look the market value of assets based on a sale price looks poor so the sale of asset strategy is not a big winner - it is a further loss avoider. And the strategy to cut price and costs will mean a lower return on retained assets.

This strategy can to a lower but sustainable profit than it has experienced in past. What is unclear is what this profit will be and what the shareholder capital base will be after any capital returns.

For there to be growth in the value of AMP they will have to pursue a growth strategy. Where is the history of any success in doing this at AMP? A new CEO will not be enough. A new CEO with a new team is not enough. It would have to be a different company.

Companies like Qantas turned around by doing what they did better plus positive changes in the competitive environment - others went broke.

Expand

New Board and a new Strategy.

AMP Price at posting: $3.22 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

First 29 Last

Add AMP (ASX) to my watchlist

(20min delay)
Last $1.12		Change 0.003(0.22%)		Mkt cap ! $2.921B

Open	High	Low	Value	Volume
$1.13	$1.13	$1.12	$3.030M	2.695M

Buyers (Bids)

No.	Vol.	Price($)
76	283143	$1.12

Sellers (Offers)

Price($)	Vol.	No.
$1.13	304689	41

View Market Depth

No.	Vol.	Price($)
72	276475	1.120
22	481491	1.115
20	335397	1.110
9	165858	1.105
6	696316	1.100

Price($)	Vol.	No.
1.125	326678	41
1.130	695711	33
1.135	1004246	33
1.140	1145813	31
1.145	337843	15

Last trade - 14.25pm 12/07/2024 (20 minute delay)

AMP (ASX) Chart