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

Heading to default if this sp fall continues.

Would another company make a bid for it ? only if they could untangle the business model with a fine tooth comb

Gotham did a good job. Fair play.

50p by Friday I reckon.

never had a big short position, but have just doubled it up by selling again at 79
this stock is now out of favour big time and could easily collapse further just as blnx did a few months back

there's one hell of a lot of sellers still looking for buyers :-)

Embattled technology firm Quindell is close to probe of directors' share sales

By Peter Campbell for the Daily Mail

Published: 00:35, 12 November 2014 | Updated: 01:23, 12 November 2014

Embattled technology firm Quindell is on the brink of a formal probe over a director share-selling controversy that has wiped millions of pounds from the company’s value.

City watchdog the Financial Conduct Authority is poised to investigate a series of announcements made by the claims processing company over a controversial deal done by a trio of top bosses, according to City sources.

Shares have fallen by more than 40 per cent since last Wednesday as investors have increasingly lost patience with the company’s ability to communicate with shareholders.

Embattled: Investors in Hampshire-based Quindell have experienced a rollercoaster ride over the last couple of years.

Last week the group said that three directors, including founder Rob Terry and long-time business partner Steve Scott, took out a loan to buy more shares.

But after the London Stock Exchange intervened, the company was on Monday forced to admit directors actually sold shares to fund the purchases.

More...

ALEX BRUMMER: Disorderly days at software firm Quindell as shares take another plunge
Quindell faces questions over loans backed by company shares made to senior director
Controversial director share deals hit troubled Aim technology firm Quindell
Quindell shares: Check the latest price here

Since the first announcement last Wednesday – which was designed to spur confidence in the company – shares have fallen by 41 per cent.

Yesterday they shed another 21 per cent on fears that an official probe into the company could begin within days. Shares closed 19.5p down at 75.5p, their lowest since 2011.

The stock has fallen 89 per cent since earlier this year, when the firm’s business model was called into question.

Only after a full investigation would the FCA, which polices wrongdoing among listed firms, decide whether there is a case for directors to answer.

The FCA does not have to announce when it officially begins investigating, and Quindell is only under an obligation to announce it if it believes that the outcome of the probe could have a material impact on the business.

Terry, Scott and finance director Laurence Moorse all sold shares to little-known group Equity First Holdings.

This enabled them to raise money to buy fresh shares in the group. They sold a total of 10.4million shares, but have so far only bought a little under 2m shares using the money.

Yesterday, Terry bought another 50,000 shares under the scheme, on top of the 250,000 he bought on Monday. Terry yesterday refused to speak to the Mail about the arrangement.

Scott has also used some of the money to pay a personal tax bill.

On behalf of the FCA, a spokesman said: ‘We never comment on speculation of enforcement action

50p by Friday.

If the shares are not suspended before then!

lol seems to be recovering a tad
gla

Like em or loathe em there's money to be made with QPP.
2517

According to the Telegraph some of the directors would have been forced to transfer (sell) more shares today as the sp fell below 70p, whether or not they would have to do so immediately or wait until the end of trading, which would suit them of course, remains to be seen!

Your not wrong George - for the brave/stupidskillful trader, there has been a 30% swing available today.

on it's way up,...... buy buy buy

Somebody, somewhere was buying this at £6 which is sad and astonishing at the same time - you hope they had the good sense to get out without too much damage but that is unlikely seeing as they didn't have the good sense NOT to buy it in the first place.

ii dumping

http://www.investegate.co.uk/quindell-plc--qpp-/rns/notification-of-major-interest-in-shares/201411131100229502W/

curious ..... having surged to 91+ earlier, sp has quite suddenly come back to below 80

The clue is the time of the RNS!

may not be much happening elsewhere (other than flybe!), but have a lookee here!!!!

share now in auction, but with a minimal pool of potential buyers against sellers ...... and 17m now traded

Just looked back to Dils post and the Black Prince, I remember him well, forgotten his name now. Colin Blackburn or summat like that. years back that was. Is he still around???? Never hear of him these days.

Sure he was the guy tipping that video phone (motion media) and got so desperate in the end he was saying it was an excelent piece of technology for PORN LOL LOL.