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[sharechat] AustA/C; AMP, iHUG


From: "Philip Robinson" <fire_appliance@hotmail.com>
Date: Sat, 05 Feb 2000 07:28:44 GMT


AMP has a P/E is about 640. What is the story here? I have tried comparing 
it to other financial institutions because my reading says comparing P/Es 
within industry groups is a good idea but they all have normal P/Es (10-20). 
Is their something I am not seeing?

With all this Aquaria/iHUG talk, I was wondering, last year iHUG was talking 
about a float, is that still going to go ahead or are they teaming up with 
someone else for their capital?

Also if one wants to start buying ozzy shares it would seem that an ozzy bak 
account is the best way to do this to avoid the conversion charges etc on 
dividend cheques. Also give handy spending money for holidays, but anyway, 
where is the best place to go toset one up, can you do it through a NZ ANZ 
or Westpac branch, I know a friend who has a BNZ Australia bank account 
which is like a subsidary of BNZ which operates in Australia. Any thoughts, 
or is it best to operate an ozzy broking account and do it that way.

Thanks
Philip Robinson
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