QBE 2.43% $16.07 qbe insurance group limited

consistent underperformer, page-13

  1. 174 Posts.
    I am already overweight in the stock, so will not buy more as I've seen the ugly side of margin loan last week - all stocks went down at the same time and didn't have spare cash to avoid selling.

    If you have cash available, you should wait to see whether the US market is stabilising over the next few days and buy cum div until the last possible day. [there are lots of bearish comments around, so need to set aside finance to buy if the sp falls].

    it has exceeded all brokers' analysts forecast egs and also explained that it can cope with the Hurricane Dean.

    As previously stated, I expect QBE to make a large European acquisition within the next 12 months for the SP to move above mid 30's -its balance sheet is very strong.
 
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