Qbe is designed to be highly leveraged compared to US banks. They're all meeting the Fed's stress tests BASE3
They're holding more capital and are often conservative / defensive stocks.
They're suitable in case of financial turmoil whereas US is the strongest banks amid that they haven't earned more profits than Australian banks.
I'll buy them in December in conjunction with a first rate hike to earn a trade advantage.
At the moment I'm looking at insurance companies with exposure in China and Australia.
AU banks lifted rate while RBA thinks about a rate cut to help struggling energy and mining sectors regardless the property bubbles because they will keep at staggering speed in light of new infrastructure projects.
China has cut rate 4 times this year plus the reductions of RRR to banks. Those are risky decisions albeit the economy has not comming out a hard landing.
The riskier pictures make people thinking about safety nests.
- Forums
- ASX - By Stock
- Red - Faced, still waiting for pop !!
Qbe is designed to be highly leveraged compared to US banks....
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QBE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$16.72 |
Change
-0.160(0.95%) |
Mkt cap ! $25.17B |
Open | High | Low | Value | Volume |
$16.81 | $16.84 | $16.59 | $44.22M | 2.648M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2161 | $16.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.72 | 12922 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2161 | 16.650 |
1 | 12926 | 16.640 |
5 | 14565 | 16.630 |
1 | 60 | 16.620 |
2 | 13326 | 16.610 |
Price($) | Vol. | No. |
---|---|---|
16.720 | 12922 | 1 |
16.740 | 12926 | 1 |
16.750 | 12926 | 1 |
16.760 | 2868 | 1 |
16.820 | 301 | 1 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
NEWS
Deep drilling at Mulga Bill confirms gold to 500m depth, indicating further exploration potential
BM8
Learn of the ASX-listed company that is well-placed to respond to the future global energy demand
QBE (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online