A month ago sentiment was very bullish:
eg.
"Date: 7/10/2009
Author: Richard Gluyas
Source: The Australian --- Page: 36
QBE Insurance CFO, Neil Drabsch, has expressed concern about ongoing economic volatility. QBE is expected to seek a number of acquisitions in fiscal 2009-10, including in the underwriting sector. QBE currently has around $A3bn in surplus capital and reported a 19% increase in interim net profit to $A1.02bn in August 2009. "
Not a great deal has changed since then - except for the stronger Aussie dollar affecting profit margins.
The pullback to sub $22 does look overdone ... imo.
call options, page-8
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.93 |
Change
0.140(0.89%) |
Mkt cap ! $23.93B | |||
| Open | High | Low | Value | Volume |
| $15.85 | $15.96 | $15.67 | $49.60M | 3.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 21700 | $15.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.93 | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| QBE (ASX) Chart |