AMP 0.45% $1.13 amp limited

re: rembrandt- are you expecting a ... hairy It seems strange to...

  1. 1,286 Posts.
    re: rembrandt- are you expecting a ... hairy It seems strange to me that people are saying AMP is expensive at around $7 when this stock was once the bluest of blue chips and trading in excess of $20.

    The UK disaster resulted in the biggest corporate crash in Australia's history, forget HHG, ONE - the dramatic slump in AMP's share price makes both of those look like minnows.

    With the demerger of HHG who is to say that AMP is genuinely recovering and although they are carrying approximately 20% more script, who is to say with the promise of higher dividends and buy backs that this stock is not heading back in excess of $10 per share.
 
watchlist Created with Sketch. Add AMP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.