QBE qbe insurance group limited
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Why Peppie???Big seller today offloading a lot of stock today....

  1. jossette
    799 Posts.
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    10/10/13
    22:54
    Post #: 12428779
    Why Peppie???

    Big seller today offloading a lot of stock today.

    It was a good sign that the share price held $14.

    My bet cba is the seller.

    I noticed today Australian govt 10 year bonds back up at 4.15%,

    If the US govt standoff resolves itself this month, expect sentiment to change very quickly.

    Dry weather in US crop field aiding harvest.

    Looks like mainland US has escaped a cyclone hit this year.


    Two possible positive announcements in the next month.

    The sale of the Qbe HQ on Pitt street which should deliver circa $60 million. Help retire debt.

    Also expecting an investor briefing from David Duclos regarding the progress of the US business.This was supposed to happen this month.


    QBE Price at posting: $14.15 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$22.76 		Change
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Price($) Vol. No.
$22.76 231 2
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