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

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 ?

Anyone still short??

THEY ARE NOT TELLING

Maybe just to ashame, 3er day on the way up, so far only 17p up today to 87.50p

the problem with QPP as i see it is that they seem unable to tell the truth unless squeezed hard to do so
to make a mistake once is acceptable, twice is downright careless and once your get beyond that, then the integrity of the company and its management is quite rightly called into question

Agree it'll only take another little bit of bad news to upset things but at the mo onward and upward.........I hope.,.

WAS THAT THE REASON FOR THE SHARE FALLING LATE THIS AFTERNOON?

I wonder for howmuch those articles are being sold?
another paid article for sure repeating old stories ( company denied on Monday )...........COULD


Evening Standard
24th November 2014
Quindell continued its recovery, climbing 15.25p to 86.12p. There is speculation the embattled insurance outsourcer, which parted company with its chairman and founder Rob Terry last week after controversial share dealing, could offload parts of its business.

looks like a a heavy bear squeeze to me with few buyers relative to sellers though sp now up to 90
glad i don't have a position at the moment, as it's almost certain i would be on the wrong side, for i am still of the view that this is intrinsically a busted flush

Think a stop loss needs putting in now.,.

sensible thinking, not that i am capable of such

interestingly, QPP can still not be shorted on line at IG

have placed a small short at 89.50, but shall watch lest it starts to run away