AMP (AMP) Shares
AMP Limited is a financial services company. Its portfolio includes one of the largest shareholder registers in Australia.
The company operates throughout Australia, the United Kingdom, the Middle East, Asia, Europe, North America and New Zealand. It offers investment products, financial advice, insurance as well as banking products such as savings accounts and home loans.
The company operates through several divisions, including AMP Capital, AXA Asia Pacific and AMP Financial Services.
AMP Limited is a member of the S&P/ASX 50 Index. The company employs approximately 6 500 people and is headquartered in Sydney, New South Wales, Australia.
OVERVIEW OF AMP
AMP or The Australian Mutual Provident Society is founded in 1849 as a non-profit life insurance company.
In 1860 Benjamin Short becomes the company’s first agent. In 1998 the company changes its name to AMP Limited and lists on the Australian Securities Exchange as well as the New Zealand Stock Exchange. The same year the company opens its AMP Bank and the AMP Foundation is created.
AMP Limited forms the Henderson Group in 2003 when it demerges its operations in the United Kingdom.
In 2009 AMP enters a partnership with China Life Group. The company merges with AXA Pacific in 2011, which adds AXA’s Australian and New Zealand businesses to the company’s portfolio. This is also the year that the company forms a partnership with Mitsubishi UFJ Trust and Banking. It buys a minority stake in a United States real estate investment company, PCCP.
Other transactions take place and AMP Limited soon becomes the successful company that it is today.
VISION & VALUES OF AMP
- AMP Limited is committed to all parties that it conducts business with and aims to create long-term value and high earnings.
- The company also values its employees, environment and communities and acts responsibly regarding the above mentioned. With the AMP Foundation, the company invests in the community and is committed to contributing to the employment and educational improvement of local communities.
- Some of the organizations that benefit from the company’s contributions are First Australians Capital, Global Sisters, The Stroke Association of Victoria, The Stroke Association of Victoria, Wesley Mission as well as the AMP Cancer Council Pro Bono Program.
- AMP Limited also operated responsibly and aims to minimize its environmental impact by reducing emissions and focusing on climate change. The company has an A-Leadership rating from the Carbon Disclosure Project.
MARKET PERFORMANCE OF AMP
AMP Limited trades on the Australian Securities Exchange under the ASX stock symbol AMP.
Data analysis for the company’s half year results for 2019 reports a revenue of US Dollar 275 billion, an increase of 7 percent. Underlying profit is US Dollar 309 million.
Australian wealth management earnings are US Dollar 103 million. Australian wealth management net cash outflows are US Dollar 3,096 million. Capital external net cashflows are US Dollar 818 million. AMP Life earnings are US Dollar 31 million.
Total operating earnings are US Dollar 288 million. Potential investors can buy shares now at a good price.
Buy AMP stocks / shares – A Step by Step Guide how to Buy / Purchase AMP Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy AMP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AMP STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE AMP STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AMP stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy AMP stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?