QBE qbe insurance group limited

ying and yang

  1. 3,562 Posts.
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    I've been reading with interest some of the posts here on the QBE thread and while most of the comments are probably close, they seem to be missing the greater point about QBE.

    QBE is the Ying and Yang stock of the market.

    Yes in the short term the currency is affecting QBE's share price but what's the opposite force?

    It's QBE's ability to pay less for businesses overseas.

    Frank and his team will be knocking on every door they can find in the US and Europe and asking what they have for sale with the currency running at this rate. They keep telling the market they have funds of $1b and when the currency subsides and they've picked up these businesess where do you think QBE will be?

    QBE is about long term growth, the bottom line and holding on to shareholder value.

    I can assure you, Frank is one of the most astute business people in the insurance game. He would be excited with the possibility of picking up businesses cheaper than he could have 12 months ago.

    P
 
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(20min delay)
Last
$23.44
Change
0.050(0.21%)
Mkt cap ! $35.39B
Open High Low Value Volume
$23.38 $23.59 $23.01 $49.26M 2.105M

Buyers (Bids)

No. Vol. Price($)
1 33280 $23.42
 

Sellers (Offers)

Price($) Vol. No.
$23.45 7438 2
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Last trade - 16.10pm 01/07/2025 (20 minute delay) ?
QBE (ASX) Chart
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