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

good points from everyone - hope it going good for you cynic should be atm

terry has done his usual here, made millions and left behind chaos hence the sp and why the city dont like him one bit - i dare say terry will be back in a couple of years to......................................... ah let me see............................. set up another public co with fantastic fast growth potential doing.......................................... err well buying up old companies he used to own or have strong ties to - then cook the books a bit not too much but just about enough to keep it legal - plenty of spin - few wet behind the ears brokers and maybe call it teryyPP mk3 lol!

joshing aside i believe some of these assets are actually worth a few squid and may get 90p to 150p somewhere for the lot once qpp is broken up imo

anyhow gla

oh nearly forgot - then short your own company LOL :-0

our company is both private and consistently profitable as it has been for years

lol cynic - typing fast

I think del boy has burnt his fingers here and hoping to encourage a higher sp so he can extract himself........

:-) ..... :-)

which way is north?
i think QPP may not know at all :-)

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when are you off to Tenerife?

Fuerteventura, 24th dec 2 weeks. :-)))

i'm coming down on sunday (22nd) afternoon if you fancy meeting somewhere for a pie and a pint .... no prob at all if you don't/can't

will text you ;)

hmm
i wonder if QPP has just been suspended ..... tag says "in auction" but as sp is as it should be, i wonder if there's more to it .....
will check further in a few minutes

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no; it's trading again

It was in auction.

i saw, but L2 was showing as 32.50/33.75, so a bit strange

very big smile
QPP now tumbling again at 30 and in auction
L2 shows very few buyers

42.25

+4.75 (+12.67%)

live: 4:47PM GMT



Going in the right direction.

For now.

Yeah, for now and hopefully in the future as well.

£ 7 m to qpp coming , not in this stock at the moment, await developments, sorry
to be so vague. you all need to read the historic statements to find money
may be coming from stakes/holdings.

Update

As stated on 8 December 2014, cash generation remains a key focus of the Group and initiatives to improve the working capital profile of the Group continue to be pursued. One such initiative was concluded on 31 December 2014. As part of this initiative, Quindell has entered into exclusivity arrangements with a third party in respect of the possible disposal of an operating division of the Group.

In addition to cash generation initiatives that will continue into 2015, the Group is in early discussions with a range of parties interested in exploring possible transactions with the Group relating to a number of its operating businesses.

There can be no certainty that any of these discussions will lead to the disposal of any of the Group's assets.

Regardless of the outcome of the discussions detailed above, the Board remains comfortable with the Group's overall cash position.

Further announcements will be made as appropriate.

-ends-

still sounds that they're fast running out of cash .... but then i would say (want) that wouldn't i

One can see by their comments on which side of the fence are

The cowards outside looking
The fighters inside punching

"Regardless of the outcome of the discussions detailed above, the Board remains comfortable with the Group's overall cash position."

Glad to be long since the CEO ousting and the 2 positive RNS lately