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

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.

i'm already short of these ...... scarcely in big volume, but showing a nice profit nevertheless

interesting day tomorrow - more red or a rubbery bounce

Holding it's own at 72p.......... your shorts are going to be tight cyners.,. lol

Paul Scott (Pauly Pilot of M Fool)closed his short here yesterday.

red again? not good reading....................

http://www.dailymail.co.uk/money/markets/article-2833505/The-Quindell-quagmire-Saga-firm-centre-share-sell-goes-on.html

Gone long here @73.40p .

Very brave of you skinny!

It's now a buy for me, 74p

kim - is that a polite way of saying 'stupid' :-)

Ooooh! What?! Would I say such a thing?! :o)

i would be more inclined to buy FLYB than QPP if you want to delve into bombed-out stocks

Well I suppose FLYB could take off again (sorry!), I hope the Director buys were not the same type as the QPP ones!

.

read today's ST
both QPP and (i think) IGas Energy are due for further tumbles tomorrow

Sharecast -

Quindell said to be in talks with hedge funds to raise cash

Sun, 16 November 2014


Quindell said to be in talks with hedge funds to raise cash

Insurance services company Quindell has begun talks with hedge funds in a bid to raise funds, reports have claimed.
The UK-listed company, which has seen its share price tumble 76% in the year-to-date, is believed, according to the Sunday Times, to have met "at least two" hedge funds "in recent weeks" to hold talks over a potential injection of cash.

However, Quindell has said it "has no current need for any third-party financing".

As quoted by the newspaper, the AIM 50-listed group said: "Quindell is regularly approached by, and opens discussions with, funds and financial institutions who understand the quality of its receivables and are familiar with the cashflow profile of legal services work."

It comes after three of its directors were last week heavily criticised for not purchasing as many shares as they had pledged to.

The group's founder, its finance director and a non-executive director have been loaned £8.8m from Equities First Holdings, using their shares in Quindell as collateral. The directors said they would use the borrowed funds to buy more shares, but have actually only so far purchased shares worth £2.1m.