QBE 0.59% $17.04 qbe insurance group limited

it is a great investment - just look at its history mate. Its...

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    it is a great investment - just look at its history mate. Its one of the best managed companys on the ASX period. One of the best insurance plays anywhere

    Based on historical performance and outstanding management, this blue chip can garner a PE of 13-14-15 easy in a stable economy. So its worth a heck of a lot more than 21-22 bucks from an invesmtment standpoint

    At PE 14 its worth circa 28bucks on circa 200cps earnings, in other words circa 33% upside. And thats BIG for a blue-chip to be undervalued by that much!

    Thats why they say that its a great LONG TERM investment!
 
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