Bought in today... have missed out on the impressive gains so far but solid progress is being made here and a good story developing so it looks good for more gains in the near future (imho)....

Quindell Portfolio, the brand extension company, says trading has continued positively in the period under review, building on the strong performance delivered by the Group in the first half.

The company expects to be significantly ahead of market expectations for the 15 month period ending 31 December 2011.

The Group announced back in October that it had won contracts with six established brands and one exciting new digital brand within the insurance, telecoms and utilities sectors, including for the first time, solar energy; and that revenues for 2011 were expected to be ahead of market expectations.

Since then, the Group has won further major contracts with established brands within the telecoms, utilities, on-line education and insurance sectors for both its technology enabled business process outsourcing division and software solutions division.

In aggregate, these contract wins could contribute over £6 million of annualised revenues. In addition, the Group has acquired two further businesses, Maine Finance and, most recently, Mobile Doctors Group Plc.

Margin performance has also been strong and, for 2011, margins are expected to be between 35 and 40 per cent. within its technology enabled business process outsourcing operations

I agree Mr C, it's only a paperwork exercise, but lots of companies do it and I believe it is only to give respectability to a stock price. Complete waste of time, imo and also skims off a few shares from most peoples' portfolios as they always round down :o(

After the late move last friday, today is moving further up

..................intraday .................................................................................... 5 days chart ............................................

I personally love the smell of burning shorts ... but everyone makes money in different ways on the other side of the coin.

A rise to 25 - 27p on the next few days would be the norm before taking a breazer

Am in and waiting .,.

napalm in the morning is even more invigorating :-)

and viagra........so i been told ;)

Interesting holders take note............

http://www.shareprophets.advfn.com/views/5819/cannacord-quindell-wtf-is-going-on

What's the gist GF?

Questions needs answering I would say, skinny.

Ok thanks - didn't particularly want to register to read it.

Nor did I.

From Directors talk:

Quindell Portfolio (LON:QPP) was closely scrutinised by the market after unveiling its latest contract win – one of eight signed in recent weeks.

The firm has struck an outsourcing contract to run to March 31 next year with a large UK broker, it said.

This deal, in combination with seven others, inked in recent weeks, should increase the group's run rate revenues in the region of £100 million per year from July this year, it said.

Last updated: Wed Jun 05 09:40:08 BST 2013
5 JUNE 2013 Quindell QPP (FTSE AIM All Share) 9p BUY (TP - 34p)

Company: Daniel Stewart

Further Outsourcing Contract Win
? Quindell today announced it has signed an initial outsourcing contract with
a large UK broker to 31st March 2014, with run rate revenues of over £25m
per annum. The contract in addition to the seven significant contracts
signed over recent weeks will increase Quindell’s run rate revenues
c.£100m per annum from July 2013, further underpinning our forecasts for
2013.
? The broker, who has a broad product range including auto, property and
commercial, will use Quindell’s end to end proposition of a complete
technology enabled supply chain offering for personal injury claims,
medical reporting, multi disciplined rehabilitation and auto accident repair.
? The stock continues to trade on an undemanding multiple of 4.1x FY13
earnings a significant discount to other software participants in the market.
We reiterate our buy recommendation and 34p target price.

StockMarketWire.com
Quindell said as previously announced it has been targeting a move from AIM to a premium listing, The company and its advisors continue to work on achieving this target as soon as practicable.

Shareholders will be updated on progress and timing prior to, or on the date of Quindell's AGM on 19th June 2014.

Down 10% today not good.

5.75% declared short interest.

You swine! :-)

Don't understand what Short Interest is.
For me company fundies have not changed so holding with it.

Looking at the longer term chart, I think we were always going to test the 15p level and shake out a few more investors.

parrisf - It might be worth just understanding the basics of short selling, as it can greatly affect a stock price, particularly in the AIM market. At least if you then understand what is going on, you can ride out the storm without being panicked into selling. (Lots of good info via search engine). Of course, one argument is that if the stock price was based on sound fundamentals, then the shorters wouldn't get a look in, so on the flip side, the shorters would be effectively exposing a fundamental weakness in the company if they can go short.

I see the other scary boards (posters) are predicting 12p!