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

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

twit!

re - twit!

"cynic" looking at the broken mirror you see plenty of them
one of them is an old, ugly handicap Twit, spending all day over here with negative comments

Excuse me
stop slapping your face with a wet kipper,
just to make sure you are not dreaming?

oh dear oh dear
look; we all know you're aka MRSI as well as a number of other aliases, and that's no worry to me .....

you choose to be long here - good luck to you

i choose to be short - that's my view and just because it's different from yours, it doesn't mean that it's wrong and most assuredly does not call for abuse

The mutt is looking as strong in the order book as I've seen for a long time. Neutral but would be tempted long if had some dollars.

I was thinking similar - the 6 month chart now looks quite promising!

i still think the company stinks, but may well cut my losses perhaps with a view to shorting again in due course

========

no point in continuing to piss against the wind so have bitten the bullet
ah well, can't win 'em all and have been doing well elsewhere of late

re - i choose to be short - that's my view and just because it's different from yours, it doesn't mean that it's wrong

You are not only wrong but still worse than TW ..........everything stinks as his underpants burn as your comments do as usual

Learn to trade instead of copying everyone else and loosing money as usual at the end.

and you you arrogant and ignorant twerp, should learn manners and take and stick to a New Year's resolution of not being so personally abusive

The main reason for the rise in the SP now is simply that
it should never have been as low as this in the first place,
so it should now start to find its proper level.

Watch for the financial journalists to start gently back-tracking,
hoping that no-one will notice that they are actually doing a u-turn.

what a surprise! ## cynic ## is here also
causing confusion and trouble

It has always been my understanding
on reading past threads
he was the one asking the management
to get rid of ## Master RSI ##
and finally succeded, too many truth
were being released on the threads

in that case, you have neither read properly nor understood why MRSI (+ asst'd aliases) was kicked off here following many complaints from many quarters

After 2nd intraday large mark down is now recovering fast on the second one

Level 2 depth on no. trades is very positive 64 v 41 and of those 41 about 9 are old at over 70 to 90p