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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 - 26 Nov 2014 08:35 - 1555 of 1965

L2 shows trading has already ranged between 70.0 and 81.5 and now 76.0 mid
i hope that clarifies everything for you :-)

Balerboy - 26 Nov 2014 08:40 - 1556 of 1965

lol.,.

skinny - 26 Nov 2014 17:10 - 1557 of 1965

NOTIFICATION OF MAJOR INTEREST IN SHARES

Quindell Plc (AIM: QPP.L), a market leading global provider of professional services and digital solutions, announces that Robert Terry has informed the Company that he received a notice of margin call under the agreement with Equities First Holdings LLC ("EFH") referred to in the announcement of 10 November 2014 (the "Agreement").

Mr Terry did not meet this margin call which, consequently, has led to the termination of the Agreement. As a result, his right to repurchase 8,850,000 ordinary shares of 15 pence each ("Ordinary Shares") transferred by him to EFH under the Agreement will be terminated with effect as of today. Following the termination of the Agreement, Mr Terry will be interested in a total of 38,100,000 Ordinary Shares representing 8.73% of the total issued ordinary share capital of the Company.

cynic - 27 Nov 2014 08:34 - 1558 of 1965

banked my profit at 67.5

=========

looks that i ducked out a bit early, but really shouldn't complain

Balerboy - 27 Nov 2014 14:24 - 1559 of 1965

Think you'd be safe all the way down to 40p again cyners then we could have a bottle of wine with the steak on your profit.,.

cynic - 27 Nov 2014 14:29 - 1560 of 1965

shall certainly be keeping an eye on it, and if i think it sensible i'll have yet another dabble

deltazero - 27 Nov 2014 18:59 - 1561 of 1965

http://moneyweek.com/penny-sleuth-quindell-big-problem/

cynic - 28 Nov 2014 06:15 - 1562 of 1965

may look to short again .... shall dwell on it, as there may be some bear closing today, it being friday

skinny - 28 Nov 2014 07:05 - 1563 of 1965

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 has not lost a major contract with a large claims management firm based in the North West of England and relationships with partners and customers remain strong. Further, the Company confirms that the other negative statements in the same article are also untrue.

cynic - 28 Nov 2014 08:19 - 1564 of 1965

a very interesting start to the day .... sp i quite a lot stronger BUT order book still 3/1 in favour of sellers

cynic - 28 Nov 2014 14:18 - 1565 of 1965

very subdued trading and volumes today

Balerboy - 28 Nov 2014 14:21 - 1566 of 1965

Like me :(

mitzy - 02 Dec 2014 11:52 - 1567 of 1965

Another sell-off..

cynic - 02 Dec 2014 12:50 - 1568 of 1965

not holding these in either form at the moment, but volume is relatively muted

midknight - 05 Dec 2014 10:55 - 1569 of 1965

Share price leaps

Balerboy - 05 Dec 2014 14:01 - 1570 of 1965

You call that a leap??? lol

midknight - 05 Dec 2014 16:46 - 1571 of 1965

BB - calm down. That's what the headline said.

skinny - 08 Dec 2014 07:06 - 1572 of 1965

Trading Update

Quindell Plc (AIM: QPP.L), a market leading global provider of professional services and digital solutions, provides an update on its current trading.

The Directors believe that the recent changes to the Board mark a natural point at which to take stock of the Group's position. As set out below, PwC is being engaged to conduct an independent review.

The Board is satisfied with the overall trading performance of the Group throughout a period in which a number of distractions have been encountered, and thanks its staff, customers, referral partners and suppliers for their support during this challenging period.

Trading Update

The Group's business remains robust in both of its divisions: Professional Services and Digital Solutions. In particular, case numbers across its broad base of cases in the Professional Services division remain in line with management's expectations. There continues to be positive feedback and support from customers and clients regarding the quality of service and products provided by the Group.

Cash flow from operations in the Professional Services division continues to grow as the cases within Legal Services progress through to settlement, and cash receipts in this area are greater than in comparison to previous quarters. The growth in cash receipts in the final quarter of the year has not been as significant as previously anticipated. The Board remains comfortable with the Group's overall cash position; cash generation remains a key focus of the Group and initiatives to improve the working capital profile of the Group continue to be pursued.

The Board believes, taking into account the Group's cash reserves and continued access to its three credit facilities, that the Group's resources are sufficient to deliver on management's current plans.

Independent Review

Further to the recent board changes, the Group's ongoing development and the announcement on 13 October 2014 in relation to its internal business review on Noise Induced Hearing Loss, and in conjunction and consultation with the Company's bankers, advisers and auditors, PwC is being engaged to carry out an independent review. This will review, inter alia, the Group's main accounting policies and expectations as to cash generation into 2015. Initial work on this review has commenced and the Board will update shareholders on its results and provide future guidance in due course.

David Currie, interim non-Executive Chairman, said: "The appointment of PwC to conduct an independent review is the natural next step to give additional support to the Board's confidence in the business and will also assist the Company in assessing its future strategy and outlook. The search for a permanent Chairman and new board members is ongoing and we will update shareholders as appropriate."

Robert Fielding, Group Chief Executive, commented:

"The Group's business remains robust and we believe we have sufficient resources to deliver on management's plans. I would like to take this opportunity to thank all of the Group's staff for their hard work and professionalism and for the notable support of customers and suppliers over the past few weeks. I believe that we have a strong business, with great people and we look forward to the future with optimism."

-ends-

Balerboy - 08 Dec 2014 08:17 - 1573 of 1965

Which probably means funds are running out mega quick ......

cynic - 08 Dec 2014 12:58 - 1574 of 1965

i'ld agree, but sp is steady with strong volume, perhaps indicating that the bears are beginning to close and/or a t/o is hoped for
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