So much for these insurance takeovers now that Iselect ISU is being bought, given that the talk of Allianz making a bid for QBE is getting to closer to QBE. IAG is also sniffing around, also SUN for NHF, and the Margin Call in Sina Weibo, Wechat and the like is getting louder for property and casualty insurance stocks.
If you read the blogs about 60-70 stocks in the broader ASX, perhaps even more had had some rumor made about them and I am in half of them and so far none of them happened. FXJ TO bid by a PEG, KKR for Woolworths, RDS for CTX, Bechtel for LLC, Total for STO, EIG for SXY, US Steel for BSL, Babcock International for DOW, Cameco for ERA, Henderson Group for PTM, PDL for PAC, Kinder Morgan for APA, Randgold/ Anglo American for SBM, CDH, Varian/ Bayer/ BTG/ Merck for SRX, GVC or WMH for TAH, MGM Resorts for SGR, Compass for GEM, SGX/ Deutsche Borse 4 ASX (SGX has already been rejected by Gov't), COP for ORG, CLP for AGL, there are a few I have missed for sure.
QBE Price at posting:
$9.40 Sentiment: Buy Disclosure: Held
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