eureka report says buy qbe, page-44

Optrader, This is all true.

However, these institutions also invest to make money and they would do so on the perceived basis of being good value and of an acceptable risk exposure.Once the commodities sector settles down, QBE will be a very low risk and relatively high return play with upside being the world recovery and strategic BOLT ON acquisitions.(just found out what bolt on means)

My view is there is a bit of nervousness about the direction of the company and I hope the mngt team can dispel this nervousness at the AGM next week and reconfirm future earnings, dividends and any acquisitions updates.

I see significant movement in he SP next week with these announcements. As I've said before, 3 QBE directors recent purchases tell me that there won't be any downgrading by mngt.

Also, all existing shareholders get their divi chq next week, a fair proportion might want to top up their holdings.

DYOR