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Month: July 2018

I spoke with Alan Kohler recently for his talking finance podcast and one of the topics was AMP being a cheap income stock. At the time I suggested it was cheap, but not cheap enough, while the dividend is clearly at risk.  It currently trades on 10.82x consensus earnings for next year with an expected grossed up yield of 11.24% – seems too good to be true and it probably is.

Stock

Platinum Asset Management PTM $5.38 as at 4/07/2018

  • Posted in ASX:PTM, Financials
  • Comments Off on What is going on with Platinum Asset Management (PTM) today?
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