when will AMP HIT $3.00, page-116

Hey Simpa, what do think about the China Growth in AMP Capital? As you said before

"Speaking of AMP, value, future value and getting to $5, here is an interesting piece by Bloomberg. In it it talks about China opening up its financial services sector, specifically its insurance and futures market – next year (1/1/20).
https://finance.yahoo.com/news/chinas-44-trillion-market-opening-220000458.html'

"I  am also expecting more sophisticated analysis of AMP's China businesses to start coming out. I think it can/will lead to buying from the big end of town. In the past 3 weeks China has opened (parts) of their financial services sector to 100% foreign ownership, and said they will start 'directing' - whatever that means - some of the $10t in household savings into equities/funds. Hello AMP's Chinese wealth management exposure!  "

"You will recall AMP already has direct exposure to China through CLAMP (AUD$43b under management) and CLPC which it owns 15% & 19.99% respectively (I think I got that right). While I have no idea what AMP plans to do in China long-term, but I think the value of their businesses has materially improved with this announcement from the Chinese government. The Chinese government has just put a spotlight on their financial services sector and appears to be encouraging foreign businesses/buying"