Thanks Petunia. I know you direct your question to JM - who I hope will respond - I'd like to have a go too.
Yes, HC is very quiet. What would any of us say?
Solid rate increase (FY21 +9.7%) and strong gross written premium rise (FY21 +21%) are noted and applauded.
Nothing lifts share prices like performance. If QBE persists with current strategy - pricing properly and declining to accept uncompensated risk like QLD flood-plain homeowners - it will flourish as ROE improves further.
The Westwood Agency sale hardly deserves mention, though QBE's strong capital position means useful M&A is possible.
QBE is valued at $17b - all held by someone(s). Many are miserably nursing losses and shrug at the dividend yield. I am convinced this business has turned the corner, though we wont be sure until 1H report in August.
GLTAH
Ash
Thanks Petunia. I know you direct your question to JM - who I...
Add QBE (ASX) to my watchlist
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Last
$18.08 |
Change
0.070(0.39%) |
Mkt cap ! $27.21B | |||
| Open | High | Low | Value | Volume |
| $18.04 | $18.20 | $18.00 | $63.80M | 3.526M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8327 | $18.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.12 | 489 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$18.09 |
Change
0.070 ( 0.62 %) |
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| Open | High | Low | Volume | ||
| $18.02 | $18.20 | $18.01 | 468237 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| QBE (ASX) Chart |