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

The London Stock Exchange is starting an investigation into Monday's 19% fall in the share price of insurance outsourcer Quindell, The Telegraph has reported. "The probe comes as it emerged that Quindell founder and former chairman Rob Terry is sitting on £5.9m in cash from a complex share deal which has unnerved investors," the paper said.

cheers harry and good post last night

yep terry has a history of doing this - imo he should be barred from being able to do this ever again

still makes for opportunity though so maybe not lol

i remain surprised that sp is as stable as it is today .... shall just maintain current short have banked a juicy 50% a couple of days back

Came across this.

re Dobell

"In April he defended the company when it was the subject of a speculative attack by Gotham City Research in the US. At the time he said he was working with the company and praised Terry as a 'hard working, capable chief executive'.

Quindell isn't the first time that Dobell has backed one of Terry's ventures. He previously backed InnovationGroup, which fell from grace during after the dotcom bubble burst."

Not a great track record. It is a pity for QPP shareholders that Mr Dobell didn't parachute in some worthy NEDS to keep Rob Terry in check.....

well done shorting cynic - seems to be no end to the red here - will it go all the way down to 0 lol

Well done cynic, these are less than 3p old money, lowest I've seen. Do you think the LSE would suspend trading in QPP?
2517

don't know but there's no obvious reason why they should
i wonder if i'ld have shorted further had i not been playing golf .... probably not, but i'm certainly quite a happy bunny despite only holding a fairly modest position

George yes.

See this...............

EXCLUSIVE: National Accident Repair – Quindell begging for someone to buy its stake – cash clarification needed NOW – DEATH IMMINENT
By Tom Winnifrith, The Sheriff of AIM | Wednesday 19 November 2014

http://www.shareprophets.com/views/9063/exclusive-national-accident-repair-quindell-begging-for-someone-to-buy-its-stake-cash-clarification-needed-now-death-imminent

George yes.

See this...............

EXCLUSIVE: National Accident Repair – Quindell begging for someone to buy its stake – cash clarification needed NOW – DEATH IMMINENT
By Tom Winnifrith, The Sheriff of AIM | Wednesday 19 November 2014

http://www.shareprophets.com/views/9063/exclusive-national-accident-repair-quindell-begging-for-someone-to-buy-its-stake-cash-clarification-needed-now-death-imminent

Cockney Rebel flagged this up as a potential disaster long before Winnifroth figured it out and jumped on the bandwagon.

Response to Speculation

Quindell Plc (AIM: QPP.L), a market leading global provider of professional services and digital solutions, confirms that, contrary to speculation, it is not actively seeking to sell its shares in Nationwide Accident Repair Services plc.

but the market still thinks it's a garbage company, probably on the basis that the whole and exact truth is not being revealed yet again

Declared short interest still quite high at 6.8%.

must be all mine :-))

as i'll be out for most of the day, i've banked the balance at 49.5 (yummy yummy), but may short again in due course

Bought some at 52.76p

things are looking better as the day is progressing, event the 3 days chart is signaling an Inverted H & S

Stronger Level 2 if taking away the 18 trades over 100p at offer side

tomorrow is quite likely to be stronger again as IG are imposing hefty margin requirements on this stock after close of biz tomorrow

with that in mind, shall contemplate a short-term long trade

Tiger Global used shell company to short sell Quindell
A $15bn New York investment company has used anonymous offshore companies to profit from some of the largest short-selling attacks in Europe over the past three years, including the unravelling of the UK company Quindell. A Financial Times investigation can reveal that Tiger Global, which runs one of the world’s largest hedge funds, has used Cayman Islands based shell companies to make large bets against at least 12 European companies since 2012.