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

Time to move higher again

@ 63p was a 50% intraday retracement

bought some more at 64p

and now the Level 2 has gone very strong on the bid side

Some large buy or short closing

TRADE 13:49:27
684,500 @ 65.50p
worth £448.350k

some posters Reckon T W is "totally bonkers"
others have had an email from him today
many say ADVFN has parted with him and the shareprophets SCAM

Thing is, his game is beginning to unfold now and things are changing with the whole coordinated shorting operation becoming increasingly exposed. I expect more pitiful letters and desperate attempts to attract the attention of his ever dwindling audience.

i don't follow TW as certainly he seems a bit out with the fairies, but nevertheless, QPP has a questionable future

it'll be interesting to see in which direction sp heads on monday
it's strong today partly because it's friday and natural bear closing, but also IG is hiking the margins very significantly at 17:00 tonight, so many will want to lighten their positions

I can't believe it, the UT was at 70.75p with 823K
2p above the closing spread
Looking forward to Monday then

16:35:11 70.75 823,520 UT

Mentor post 1509 - I completely agree with your comments.

What Would I do now if I was Rob Terry of Quindell?
By Tom Winnifrith | Friday 21 November 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

So far my cunning plan to help Rob Terry get as much cash as possible before the Quindell (QPP), cough, cough consultant goes to prison is working brilliantly. I advised him to resign HERE and he duly took my advice. Rob I have already accrued a £10,000 consultancy fee for that can you be a good fellow and post me a cheque with a small portion of your ill-gotten gains. Now what next?

The deadwood press and the uber thick Tom Dobell at M&G bought into the idea that Quindell’s problems were corporate Governance related and nothing to do with fraud and looming bankruptcy. Quelle surprise. Rob you fooled them when you said you were becoming a “consultant” at the Innovation Group we both knew you’d fool them again.

Rob has already beaten me to it with what I suggested next. Give the FT the information on who Roble (one of the big shorters) is. I happen to know that Roble is nothing to do with Gotham and I have never had any contact with Roble but let’s get Bell Pottinger spinning. Roble are clearly a bit “wide” so let’s go back to that global shorting conspiracy line again. Bingo!

I see on the Bulletin Boards that I have already been spotted with Roble in the Cayman Islands. Good work Bell Pottinger. I now that I am in Greece and you now that too but these Morons will believe anything! Roble are dodgy and so all the shorters are in it together. You gave the FT the story so it seems credible now your team need to carry on discrediting. This is brilliant because now no-one is talking about all the Quindell frauds and how the FCA etc. is investigating the blatant insider dealing. That buys time.

But we still know that Quindell is going bust and that in due course the crimes will result in arrests. So all that matters now is buying time and selling shares. So here’s the five point plan to max out.

1. Try and sell anything that can be sold. The National Accident Repairs (NARS) shares are for sale. In fact everything is for sale but we must pretend there is no cash crisis so if questioned we just say “we are not actively marketing” anything. Keep planting those rumours of a bid/MBO/vultures looking at your prize assets. We know its cobblers but we also know that your shareholders are very stupid indeed.

2. Stop writing new business in QLS, take even longer to pay bills ( your record is so shocking that no-one will notice) and try not to go bust or admit to the cash crisis for a couple of months. Use any strength in the Quindell share price (yes we are at 73p now on a bear squeeze) to flog those shares PT & Himex owns which you issued to yourselves to buy them. Get those shares out first as Quenron needs the cash and you won’t have to declare the sales at once. What? You said lockins. This is Quindell Rob remember that. Lockins mean jack shit.

3. Keep banging on about how you will hit profits forecasts, albeit thanks only to accruals and other fiddles. The grim truth about cash only needs to be revealed when things get utterly critical or when KPMG come to do the audit. So don’t mention cash at all. We know there will be red ink all over the P&L in the end as the goodwill and accruals are written down. But you have three months until then and use that time to…

4. Sell all your shares. We know that you should announce when you go through a percentage point but let’s face it non-disclosure would be the least of your crimes. It would be like pulling up Idi Amin for a speeding violation. I expect you have already flogged enough to be at x.0001%. Then sell the rest like there is no tomorrow. Let’s face it your business career is over and you are in deep merde so just get as much money as possible before your collar is felt.

5. Make sure everyone thinks that Currie fellow is in charge. We know you are pulling the strings. But let’s keep that as our little secret.

As ever, I shall accrue aggressively once again for my sage advice.

it certainly looks a stock with plenty of volatility remaining

Well done for stating the obvious cynic.

I take it Tom's not a mate of his .

DB - for sure stating the obvious; as always what isn't so obvious is how to avoid selling when you should be buying and vice versa :-)

more north next week - and if there is a good rns in addition.................... ;

Hope your right gibby, need to re-coop some losses on this one.,.

don't bet on it!
2 x pretty long articles/comment and full page in ST today

comment finishes off
"I suspect before the end of this saga we might find some of its (Quindell's) other statements to the market were equally dubious"

A winnie cast.

http://www.shareprophets.com/views/9125/quindell-the-cash-crisis-a-company-behaving-as-if-it-is-on-the-verge-of-bankruptcy

And on trying not to be vias like others
from the Telegraph

What next for investors in Quindell?
Shareholders have endured a torrid year after Quindell stock plunged, threatening to damage the reputation of Aim

Quindell founder Rob Terry stepped down as chairman earlier this week By Ben Martin

It is a story of how a charismatic entrepreneur, who had already had a brush with City investors, transformed a Hampshire golf and country club into a £2.7bn company to rival those listed in the FTSE 250.

Along the way, Rob Terry, the founder of Quindell, bought a raft of businesses, principally focused on insurance but ranging from personal injury claims to scaffolding, and in the process turned the company into one of the biggest groups on the junior Aim market.

But over the past seven months, and the last fortnight in particular, all of that has unravelled. Quindell’s market value has shrunk to £309m and Canaccord Genuity has resigned as joint house broker.

Since November 5, when the company first disclosed opaque share transactions undertaken by Mr Terry and two other directors, Quindell stock has tumbled to a three-year low.

And Mr Terry himself stepped down as chairman on Tuesday. Laurence Moorse, Quindell’s finance director, agreed to leave his post next year and Steve Scott, a non-executive, left last week. In short, Quindell is battling a crisis. ............ more

Telegraph - What next for investors in Quindell?

ref - Sunday Times article today

Yes, but who owns the "Sunday Times"?
and what are his interests in maintaining the status quo in the Yankee insurance industry?

A lot of people who comment have no idea what Quindell does or their business model and they just comment off the headlines.

I personally don't like telematics as its more surveillance but the technology genie is out of the bottle and anyone who can't see that this technology is going to be in every single moving vehicle within 10 years have the same mind set of people who traded in horses and said the motor car wouldn't catch on.

It will be very simple 'No Black Box Sir /Madam? Fine, No insurance' but Quindell has a steal on this with their IT and that is proven by companies like Aviva Ingenie etc and the potential market is huge and worldwide.

Despite this potential telematics are still as of yet ancillary to it's main cash generating business where it's target is to capture 75% of the entire UK market,whilst reducing costs to their contracted insurers by 20%. At the moment it appears that their financial targets have been met, and are been met. Last years accounts were signed off by KPMG, so what do you believe?

Residual asset base is meant to be worth £500 million+ They are busy recruiting new staff taking on new premises, spending on new IT systems etc. OK it may be all a scam? but this level of share price has far less to do with the actual company and it's businesses, it's the more invisible market forces that are at work and their real purpose which is what? That is the real question.

It will be very simple 'No Black Box Sir /Madam? Fine, No insurance
-------------

I agree big brother will be watching us all whatever we do in 10/20 years time ,life will not be as we know it now (shame) , but will QPP make it in the meantime ?