AMP 1.30% $1.17 amp limited

I agree. Market is re-adjusting valuation for wealth management...

  1. 1,303 Posts.
    lightbulb Created with Sketch. 25
    I agree. Market is re-adjusting valuation for wealth management to reflect a valuation higher than zero because it believes the business will turn around. I think market will settle at around 3b for wealth management (around 9b for whole company) so my gut says the stock will trade at $3.10 by years end, and higher next year if a turnaround starts to become visible. Will be interesting what divy they will declare in August. Another 4c at least hopefully plus the flagged capital return. Would be nice to sit around $3 share price ex the capital return eh.
 
watchlist Created with Sketch. Add AMP (ASX) to my watchlist
(20min delay)
Last
$1.17
Change
0.015(1.30%)
Mkt cap ! $3.171B
Open High Low Value Volume
$1.17 $1.17 $1.16 $13.70M 11.72M

Buyers (Bids)

No. Vol. Price($)
3 33861 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.18 22396 5
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$1.17
  Change
0.015 ( 0.83 %)
Open High Low Volume
$1.16 $1.17 $1.16 2905064
Last updated 15.59pm 29/03/2024 ?
AMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.