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

I refer my learned friend to post 1704. :-)

Nice if true - but the last thing this share needs are more rumours.

another fantastic day - 90p + tomorrow would be even better and no reason why not
gla

jim sutclffe the new chairman???????????? if so watch this fly!
gla

Drifting....or consolidating?

Press Speculation


Quindell Plc (AIM: QPP.L) notes the recent speculation concerning the appointment of a new Chairman to the Board of Quindell. As previously announced, the Company is seeking a permanent Chairman and new board members. Whilst discussions are taking place with individuals, there can be no certainty that any appointment will be made imminently and further announcements will be made as appropriate.


-ends-

Harry - I'd like to think the latter - volume still healthy.

........................VERY GOOD NEWS.......................






hxxp://news.sky.com/story/1406053/city-heavyweights-to-join-quindell-revamp









Should be another positive day tomorrow.

So not only do we have a very well respected figure from the insurance industry in Jim Sutcliffe we also have a Chairman with a strong entrepreneurial streak.


However, Rose brings not only corporate experience, but a strong entrepreneurial streak - in fact, Rose was a prolific inventor. “In the eighties, I invented the world’s first set top box,” he tells Retail Week. “Teletext subtitles were being trialled but no television could receive it until I came up with it.”

Tomorrows Daily Telegraph.



http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/insurance/11338958/Quindell-aims-to-restore-credibility-with-new-chairman.html

Update and Board appointments

the "one man band" is still trying to rustle up support for his own QPP thread, but i've seen no takers

Ennismore Fund have increased their short position again!
Total declared short positions now 4.56%.

maybe a monday morning spurt then all over..........

Not bad for a morning's work!

Grant of options

Looks like the spurts over and dropping like a stone now......

Presumably the pump and dumpers will try and drive this back down to.....60p?

If ever a share epitomised the vagaries of the AIM market, then this is it!

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11351986/Jim-Sutcliffe-leaves-FRC-following-Quindell-criticism.html

QPP seems to be back in favour again. Declared short interest has not increased since the 8th Jan.

150p coming here.