Around the Traps ... with The Ferret
08:51, Tuesday, 30 April 2002
Sydney - Tuesday - April 30: (RWE)
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In the US the downgrade of a stock by an investment house is
taken very seriously and can make or break a company's image in the
market.
Ferret sees a similar pattern emerging here.
Credit Suisse First Boston has put the mockers on AMP which
subsequently rattled the market and the share price yesterday which
finished 23c lower at $18.32 after being 46c behind during the session.
CSFB dropped its AMP profit forecast for the year to $1.07
billion from $1.119 billion.
It now values AMP shares at $15.95, not a happy scenario for
chief executive Paul Batchelor who earlier warned of a tough year
following a 40 per cent drop in profit last year to $690 million.
Shareholders including institutions may well start losing
confidence in top management at this rate.
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will AMP do a waterfall like Mayne
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Last
$1.55 |
Change
-0.005(0.32%) |
Mkt cap ! $5.343B |
Open | High | Low | Value | Volume |
$1.56 | $1.57 | $1.55 | $6.272M | 4.038M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 124378 | $1.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.56 | 177764 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 124378 | 1.545 |
32 | 482270 | 1.540 |
6 | 89161 | 1.535 |
20 | 157033 | 1.530 |
7 | 93902 | 1.525 |
Price($) | Vol. | No. |
---|---|---|
1.555 | 177764 | 3 |
1.560 | 153167 | 5 |
1.565 | 34771 | 4 |
1.570 | 159162 | 7 |
1.575 | 132310 | 4 |
Last trade - 16.11pm 25/01/2021 (20 minute delay) ? |
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Last
$1.55 |
  |
Change
-0.005 ( 0.64 %) |
|||
Open | High | Low | Volume | ||
$1.56 | $1.57 | $1.55 | 1405444 | ||
Last updated 15.59pm 25/01/2021 (live) ? |
AMP (ASX) Chart |