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Quindell Portfolio = Extending nicely for the future! (QPP)     

skyhigh - 19 Dec 2011 20:27


Chart.aspx?Provider=EODIntra&Code=QPP&SiChart.aspx?Provider=EODIntra&Code=QPP&Si



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

cynic - 17 Nov 2014 10:04 - 1445 of 1965

no; i know about the company and was slightly tempted a couple of months back when they got a lot of publicity about their new project in cornwall .... i take it you think i should look again

only miner i currently hold is BLT

mitzy - 17 Nov 2014 14:40 - 1446 of 1965

Chart.aspx?Provider=EODIntra&Code=QPP&Si

cynic - 17 Nov 2014 15:26 - 1447 of 1965

a bit too greedy, but banked most of this morning's slab at 49.75, but 9.75p profit on 59.5p is not to be sneezed at, and i still have a lump more

quite a lot of bear closing now in progress

aldwickk - 17 Nov 2014 16:29 - 1448 of 1965

cynic

I went short @57.85 , closed@56.14 , my trouble is am not greedy. or as Chris said am trading on fear.

cynic - 17 Nov 2014 16:32 - 1449 of 1965

depends on how big the position .... mine was pretty modest, but as i have said previously, i was already short so not getting into dangerous territory anyway

at time of writing, it was interesting to note that the little flurry of bear closing pretty much dried up towards the close

i shall now sit and watch once more ..... though my major interest will be to watch (and hope) dow to see if it finally breaks back south of 17,600, for it's been dithering now for several days

deltazero - 17 Nov 2014 20:59 - 1450 of 1965

fantastic news - strong blue tomorrow terry resigned etc

http://news.sky.com/story/1375192/controversial-quindell-bosses-quit-in-clearout

kimoldfield - 17 Nov 2014 21:18 - 1451 of 1965

What will happen if Terry et al try to dump what is left of their shares? There will be some very twitchy button fingers tomorrow!

deltazero - 17 Nov 2014 21:43 - 1452 of 1965

founder ejected - ft

http://www.ft.com/cms/s/0/62565424-6da3-11e4-bf80-00144feabdc0.html#slide0

dont matter what terry does now - he was the problem - the problem now gone - the city does not forget

terry has no cash to pay efh if qpp stayed below 70p for 3 consecutive days - so he had a choice raise cash or sell more qpp shares something he darent do - the only way qpp can recover is him leaving the city knew his dire position hence the run to get him out

he was out of his depth and virtually friendless in the city - apparently ;

aldwickk - 17 Nov 2014 21:48 - 1453 of 1965

Is That Gotham City ?

deltazero - 17 Nov 2014 21:53 - 1454 of 1965

http://af.reuters.com/article/southAfricaNews/idAFL3N0T76BD20141117

jimmy b - 17 Nov 2014 22:35 - 1455 of 1965

Could be a bounce in the morning here but i'd still be careful .

aldwickk - 17 Nov 2014 23:40 - 1456 of 1965

Tomorrow could go anyway , buy on Terry going or selling on Terry dumping his shares and the suspension of share dealings

deltazero - 17 Nov 2014 23:51 - 1457 of 1965

gotham - the bat cave? ;

goldfinger - 18 Nov 2014 01:36 - 1458 of 1965

Quindell chairman heads for exit as company tries to restore confidence

Quindell will make a last-ditch attempt to secure its future on the stock market today by parting company with its contentious founder and chairman Rob Terry. The technology contractor, which has been fighting a dramatic collapse of confidence in its share price, is expected to tell the stock market that Mr Terry is stepping down from the board with immediate effect. Also likely to be leaving the company are Laurence Moorse, the finance director, and Steve Scott, a non-executive director. Mr Moorse, a long-standing associate of Mr Terry, will stay on for 12 months and Mr Terry will remain a paid consultant to Quindell, according to Sky News.......Mr Terry is set to be replaced on an interim basis by David Currie, the former head of investment banking at Investec, the Anglo-South African broker and financial services group.

In a surprise statement to the stock market, Quindell said that Canaccord had tendered its resignation on October 21 after working for the group for less than 18 months.....The resignation left Quindell, which is listed on London’s junior AIM, with only one broker, Cenkos Securities, which is also its nominated adviser...... .....Cenkos found out about Canaccord’s resignation only after the market had closed on Friday and it immediately advised Quindell to issue a formal statement because its share price is particularly sensitive at present. The date of Cannacord’s resignation meant that it informed Quindell that it would no longer be its broker before details emerged of a contentious loan arrangement made by the three Quindell directors, including Mr Terry. Quindell first detailed the agreement with Equities First, an American company, on November 5.

Complete article here: http://www.thetimes.co.uk/tto/business/industries/banking/article4270535.ece

skinny - 18 Nov 2014 07:02 - 1459 of 1965

Here's the RNS :- Directorate Change

deltazero - 18 Nov 2014 07:18 - 1460 of 1965

terry pushed out :-))))))))))))))))))))))))))

http://www.thisismoney.co.uk/money/news/article-2838396/Controversial-Quindell-founder-Rob-Terry-pushed-remain-consultant-troubled-firm.html

cynic - 18 Nov 2014 07:43 - 1461 of 1965

this can scarcely be a boost for sp
though it is good news in some ways, it hardly spells out confidence for the company's ability to stay afloat

kimoldfield - 18 Nov 2014 07:53 - 1462 of 1965

This share should have a Vix index all of it's own!

skinny - 18 Nov 2014 07:58 - 1463 of 1965

A day in the lfe of a QPP investor.

cynic - 18 Nov 2014 08:20 - 1464 of 1965

a lot of broker buys lined up around 51/52 so have resisted the temptation to short further
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