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

Hi Guy's, I hope you don't mind me joining your thread. I do like this stock, bought into them 3 months ago. I also read the report in this weeks "Share Mag".

Rob Terry is certainly an ambitious individual, wants to have his company with the top FTSE 100's, now that is what I call ambitious ........He has been successful once, why not twice. I too will be topping up very soon.

This stock is far and away out of my normal stocks; normally Oil and Gas Explorations. There is nothing like diversifying? I have even bought into "Try Star", this stock also in the Share Mag.

Hi G18,
welcome aboard..as they say! no certainty that the sp will increase..some stocks never get noticed etc,etc but it all shaping up pretty good so should do well (imho)

More good news released this morning....just keeps coming!

RNS Number : 8479G

Quindell Portfolio PLC

04 July 2012

RNS For release 7.00 am 4 July 2012

Quindell Portfolio Plc

("Quindell", the "Company")

Update on Software and Consulting Division's Significant Progress
-- Software and Consulting division finished H1 2012 with new record level license pipelines
-- Agreed multiple new contracts and extensions across key markets and a range of geographies
-- Software and Consulting business delivered over GBP8m revenue in Q2
-- Shortlisted for Technology Award at British Insurance Awards
Quindell Portfolio Plc (AIM: QPP.L), the provider of sector leading expertise in software, consultancy and technology enabled outsourcing in its key markets, being Insurance, Telecommunications and their Related Sectors, is pleased to announce significant progress within its Software and Consultancy division in terms of development of its strategy and industry recognition as well as significant increases in both revenue and profitability for the first half year and particularly in the Second Quarter of 2012.

The Company's Software and Consulting division finished the first half of 2012 with licence pipelines at new record levels. During the quarter we agreed multiple new contracts and extensions to existing client contracts across our key markets, being Insurance and Telecoms, and a broad range of geographies including the UK, South Africa, North America, Australia and in Continental Europe. Our clients now include blue chip insurance or telecoms brands in each of these major markets with a mixture of "on premise" and "software as a service hosted applications", demonstrating the viability and global applicability of our industry technology solutions.

Second Quarter revenues including initial licence fees, other success or milestone based fees and other software and consulting revenues in combination exceeded GBP8m in a quarter for the first time. This has resulted in the Software and Consulting business delivering over GBP11m revenue in total for the first half of 2012. These new contracts, together with our new business pipelines, helps to further underpin market expectations for this division for the full year 2012 and beyond.

In addition we have continued to move forward the industry recognition of our insurance technology solutions with inclusion in independent market research by Celent in their insurance industry technology reports and with our 'Challenger ICE' insurance claims solution being shortlisted for the Technology Award in our joint submission with insurethebox for the 2012 British Insurance Awards.

A full pre-close trading statement for the half-year results will be announced on Monday 9 July 2012.

Rob Terry, Chairman and Group Chief Executive of Quindell said: "I am delighted with the progress in our software and consulting division during the first half of this year and particularly in the second quarter. We look forward to building on this positive momentum in the second half of 2012 and beyond."

Good news for sure........Let’s hope this is the beginning of a momentum in the sp.

I bought a few QPP yesterday, certainly looks promising.
2517

I thought these were superglued to 5.40p, certainly took some shifting.
2517

Looks as though that "Superglue" has been removed...........Let’s hope this is the start of a long trip northbound?

Would be good G18, is the volume today normal or higher than normal, not long followed these so just curious.
2517

The share is very much above normal..........However,

LONDON (SHARECAST) - Software outsourcing firm Quindell Portfolio hailed an 'exceptionally strong' first half with results comfortably in line with market expectations.

The firm said that turnover for the six months to the end of June was expected to be around £45m.

Earnings per share were in line with market expectations at around 0.44p, it said.

The company added it was "extremely confident" of meeting market expectations for the full year.

"With the integration of our core insurance outsource services operations over the last six months, the good performance of our core brand extension business and with continued growing demand for our technology, we have been able to deliver an extremely strong first six months of 2012," said Chairman Rob Terry.

Quindell highlighted its software and consultancy division, which finished the first half with a record level of license in the pipeline.

I need to buy more.......That's for sure!

I believe the 2nd qtr was much stronger than the 1st qtr which bodes well for further improvement, looking good and decent sp rise today.
2517

I agree 2517; I am going to leave for a couple of days........Let the profit takers take their cut then buy for the 3rd and 4th quarter!

It's all shaping up nicely!

topped up today..20k shares @ 6.7p

Now I know why your "Code Name" is skyhigh.........300,000 shares......Wow!

Obviously, you are backing on a very good Christmas!

I need to check my pockets........Don't think they are that deep though?

unfortunately for me it was only 20k worth of shares and not £20,000 ! wish I had that sum to invest as it could £60k in a years time!

Skyhigh,

Apologies; 20,000 shares is not bad all the same..........Very big share for the future.

I need my other investments to improve, then I too can invest more in this stock.........Hope it's not too late when I do invest in additional shares?

Bought some more today :) more pos+ publicity released today..........


Buy recommendation and 21p target from GECR today:

http://www.gecr.co.uk/research/124/quindell-portfolio

"With the company continuing to deliver against its business plan of driving client efficiency through the supply of services to the insurance and telecoms industries, we recommend the shares as buy at 7.00p with a 21p target price."

nice increase in the SP today..

I am feeling a little "peeved off" .........I sold my shares at 0.065?

Should have kept them for the long term I know.......Tied-up in oil stocks at the moment?

I will be back.....As the saying goes!

Not sure who but someone had a price target of 21p on QPP, so plenty of upside from their current 7.5p IF that is reached.
2517