QBE 1.71% $18.99 qbe insurance group limited

Ann: QBE update on 2017 performance, page-31

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  1. 586 Posts.
    lightbulb Created with Sketch. 155
    I can see why shareholders are despondent with QBE.
    However:
    In the 3.5 years I have held it has been a winner.
    I don't mean to brag but I have just bought parcels on these dips and sold these when it picked up and repeated the process.
    This has allowed me to get my avg. cost in down to $5.74.
    A number of posters have mentioned success with trading this stock in the past. I think this has been the strategy for QBE as an investment in recent years. Many posters have said how predictable these negative announcements are, well take advantage of it.
    I will continue to do so while retaining a core holding.

    I see more positives than negatives for QBE i.e

    On a Macro level interest rates are on the rise globally which should mean higher returns from the investment pool of premiums.
    Micro:
    QBE pays a reasonable dividend.
    Blue chip company hopefully in a turn around also probably a defensive stock in a market shakeout.
    Approached as recently as last December with takeover talk - the lower it goes the greater the opportunity. Who better qualified to value an insurance company than another insurance co?
    I picked up more yesterday at $11.85

    Good luck
 
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Last
$18.99
Change
0.320(1.71%)
Mkt cap ! $28.58B
Open High Low Value Volume
$18.96 $19.08 $18.73 $62.84M 3.318M

Buyers (Bids)

No. Vol. Price($)
2 8135 $18.99
 

Sellers (Offers)

Price($) Vol. No.
$19.00 14565 1
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Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
QBE (ASX) Chart
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