QBE 0.30% $16.39 qbe insurance group limited

essay: a riddle wrapped inside an enigma, page-6

  1. 123 Posts.
    G'day Camden,

    I enjoyed your fundamental analysis of QBE. Great insights and education on the insurance business in general.

    I fall into the technical analysis camp [a form of voodoo combined with the behaviour of crowds] but enjoy it hugely when you guys agree with me. I have got more wounds from catching falling knives than you can count, yet they have also made my most profitable investments. I posted a few days ago that 'the bottom is in for QBE.'

    I stick with that sentiment, as you have to go back to 2005 to see these prices in QBE [other than 'the end of the world' in March last year]. IF I am wrong I will get stopped out and lick my wounds and then try again at a lower price. That 7% divvie is awfully juicy in a company that could be selling for $25+ in a couple of years!

    Cheers,

    Doomdog
 
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