I agree about Feb. A solid consistent report is all that is needed.
QBE now represents a good alternative to the Banks as a financial sector investment in Australia as their model seems to have topped out of late. QBE just needs to continue recovering.
Things are finally moving on the rates front and the dollar is staying down so its got a number of factors going in its favour.
http://www.ft.com/intl/fastft/419631/2-year-treasury-yield-strikes-2011-high
QBE mentioned increasing equity investments earlier in the year. With the US market back near all time highs I'd guess things are solid on this front as well.
Looking forward to Feb.
Peep.
Where are all the QBE fanboys?, page-9
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$15.93 |
Change
-0.140(0.87%) |
Mkt cap ! $23.93B | |||
| Open | High | Low | Value | Volume |
| $15.85 | $16.02 | $15.83 | $96.62M | 6.071M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4436 | $15.91 |
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| Price($) | Vol. | No. |
|---|---|---|
| $15.94 | 6289 | 1 |
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| QBE (ASX) Chart |