IMP vs AMS

[prancing_horse]

AMS is some 5% lower than it was a year ago, whereas IMP is up almost 30%.Can anyone shed some light on the difference in performance. I do hold both in long term portfolios, and am long on AMS on CFD's getting in at 66800

[#2]

AMS had a rights issue, which would add some dilution to the shareprice

[SimonPB]

an traditionally IMP has been the better managed company ..

[john_1]

also a chunk of their reserves are in Zim so with increased stability there was bound to be some change to the valuation.

[prancing_horse]

Thanks for the above views, however, post rights issue AMS & IMP have increased by 9% and 24% respectively. The initial thought of going long on one and shorting the other did enter my mind, I know it a dangerous game to play, so maybe a better option just increase my longs on the former.

[sponono]

u mean buy more of an underperforming stock? that does not sound very sound: AMS is down 10% year to date while IMP is up 10%. I would close my AMS and buy IMP if I was you.