Ticker Options▾ Advertisement
AU11.5¢36%VLS99.0¢30%IAU$1.0329%BYE35.5¢27%9SP1.9¢27%AWV2.0¢25%DAF1.5¢25%AMO18.5¢23%GCY32.5¢18%CLA13.0¢18%IHL2.0¢18%AIB21.5¢16%3DP4.6¢15%AUZ4.7¢15%GSW55.0¢15%GPR2.4¢14%EQE2.4¢14%AUC2.5¢14%RAN5.9¢13%IMS1.7¢13%UIL4.3¢13%VMS2.6¢13%E2518.0¢13%RVA27.0¢13%N2713.5¢13%LML1.3¢-32%MMR1.2¢-25%MEY9.5¢-24%GTR1.7¢-23%COB29.5¢-18%FOD14.5¢-17%NVO1.0¢-17%POZ5.5¢-15%RAP23.0¢-15%14D37.5¢-14%ACB4.1¢-13%TOU10.5¢-13%ALY1.4¢-13%SIH1.4¢-13%TAW25.0¢-12%PUN1.5¢-12%MAI70.0¢-11%ACR27.5¢-11%WLF3.4¢-11%LVE8.9¢-10%ICS$1.03-10%NET2.7¢-10%KTE0.9¢-10%WCN2.8¢-10%CAF14.0¢-10%
  1. Most Discussed
  2. Gainers & Losers
AMP $3.18

AMP-Profit Warning?

  1. greyhound

    128 Posts.

    23/07/02
    16:34:10
    40302
     
    AMP announced on 16 May that it anticipated profit growth of 10% a year after 2001.
    On 4 July it reconfirmed an earnings sensitivity of $45m to a 5% drop inthe FTSE and $60m to a 5% drop in ASX.
    Given that since 16/5 the FTSE has dropped 25.8%and the ASX has dropped9.2% this would correspond to a fall in earnings re FTSE of $232m and $110 re ASX.
    If the projected profit for 2002 was $690m(2001 anticipated profit)+10% i.e 759m shouldnt that be revised to something like $417m a45% drop.
    IF so aren,t they obliged to issue a profit warning?
    0
    Great analysis
    Report Post Quick reply Reply with quote
    Bookmark and Share
    AMP (ASX)
    Price at posting: 0.0¢
    Sentiment: None
    Disclosure: Held

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

HotCopper
HotCopper
  1. About
  2. Advertise
  3. Investor
  4. Mission Statement
  5. Support
Support
  1. Help
  2. Terms of Use
  3. Privacy Policy
  4. Codes & Guidelines
  5. Defamation Guide
Sitemap
  1. Sitemap
Layout
  1. Desktop

© 2000 - 2018 HotCopper. All Rights Reserved.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.