QBE 0.94% $17.91 qbe insurance group limited

Ann: Dividend/Distribution - QBE, page-17

  1. 4,015 Posts.
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    Hi yst

    "Ive a feeling thats the case too, that report is a real mess.
    To swing from net profit of +$844 to net loss -$1,249 million is a frikking $2 bil difference.
    700m worth of impairments and some tax stuffs of 230m. Someone is def losing their jobs there for sure."

    No please! No more sackings! It is costing us a fortune! Read this morning's "age."

    A 2 billion turn around and our esteemed leader get cut with 7.5 millions. Read it again. The company has a turnaround of $2 billion dollars and the man responsible for it get paid $7.5 millions to walk away.

    Oh, but its OK to cut dividends - they flagged the loss in February! Thank God, that makes me feel real good. Thank you to the person who posted that.

    Pear
 
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