to quote today's age article
The problem with QBE is writedowns and downgrades have become a recurring theme. Its profit margins have fallen from a peak of 22 per cent in 2006 to the latest forecast of 8 per cent. The company had forecast an insurance margin of 12 per cent for 2012.
this comment sums up qbe today and iits going to be along time before the insto's will be net buyers again...
needs to stablise profit margins, maybe sell a business or two
to quote today's age articleThe problem with QBE is writedowns...
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Last
$17.04 |
Change
0.100(0.59%) |
Mkt cap ! $25.60B | |||
| Open | High | Low | Value | Volume |
| $16.99 | $17.12 | $16.90 | $27.74M | 1.629M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14991 | $17.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.05 | 67313 | 4 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |