nta $7.60 or less ??

A few figures for the AMP lovers ,and the ones that say they will go broke

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AMP LIMITED - ORDINARY Last: 770
Change: -22 (-2.8%)
52-Week Range: 764-1976
ISIN: AU000000AMP6
Current Bid: 770
Current Ask: 771
Total Class Issue: 1,159,454,066
Code: AMP
Net Tangible Assets ($/share): $7.61
Div. Payable Date: 29/Oct/2002
Open: 778 Ex.Day High: 788
Div. Date: 30/Sep/2002
Franked Pct: 15%
Day Low: 745 Status: Normal
Trades: 3,102 Earnings/Share: 52.5
Volume: 11,799,656 Div.
Rate/Share: 52
P/E: 14.67

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Sandfords valuation back in Nov 02

Table 1: AMP Group Valuation (A$’m)



Embedded
Value of New
Total

AMP Group Valuation
Approach
Value
Business
Value

AMP Financial Services 1
Embedded value plus new business
5,701.0
3,996.0
9,697.0

AMP UK Financial Services 2
Embedded value plus new business
4,371.4
325.8
4,697.2

AMP Asset Management 3
PE valuation


3,138.7

International & Tech Ventures 4
Capital plus New Business Value


858.5

Discontinued Businesses 5
80% AMP reported Valuation


635.2

Corporate Office Capital
AMP reported Valuation


744.0

Holding Company Costs 6
PE valuation


(720.0)

Group Debt
Current amount outstanding


(4,172.0)

Elimination Items
Preference shares & Henderson


(1,176.0)

Fundamental Valuation



13,687.6

Pearl Orphan Assets 7
Estimated shareholder portion


0.0

GI Tax Credits
Estimated Value to Group


0.0

Total Group Valuation



$13,687.6

Valuation per share


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I am not claiming these to be correct only as a point of interest, for the start of a thread