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 agree mitzy nice chart. Watching, if it can break 120p then 160p would be a good initial target.

Just seen post 1680 well done skinny.

Through 120p......just!

bloody hell!
not in these at all, but they've certainly bolted in the last hour or so

It got through yesterday, but failed to hold.... today?

Interesting start!

has apparently been as high as 133 (+13) this morning, but now back to level

usual daily drop then recovery to follow

http://www.thisismoney.co.uk/money/markets/article-2922331/The-break-one-stock-market-s-colourful-controversial-companies-going-ahead.html#ixzz3Pb1QSyeN

Allow me :-)

Quindell's new directors pledge to waive any windfall after controversial firm reveals talks to sell £1bn legal services arm

instead of waving the cheque to their adoring shareholders en route to the bank :-)

I gave up trying to understand this company - or any other AIM share sometime ago!

Ugh! .....down again!

not in.,.

sorry i encashed my short a few days ago at too high a level, even though there was a very small profit

cynic hope you're watching your FLYB short.
2517

thanks george ... i've just got back from the gym, but i remain very well in the money at an avr of 84.45 .... my top up was at 66.0, so even that is a tad better than b/e

Taken from Aussie discussion board.





Thursday, 29 January 2015




Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division - part 7



So, I think I said earlier in the week the Quindell takeover situation was likely to liven up. Well, it has livened up.

I hear Quindell held a full board meeting yesterday at which directors discussed appointing bankers from NM Rothschild to advise the company ahead of a potential offer from Australian law firm Slater & Gordon for the AIM-listed group's legal services unit.

Yesterday, Quindell's directors agreed to appoint NM Rothschild - up until now the company had been advised by Codex Capital - and a letter of engagement has been drawn up, according to my sources.

Slater & Gordon's "exclusivity" arrangement runs out at the end of the week, so there is some expectation the Aussie group may come up with an offer for the legal services unit by Monday. I say "may" because nothing is ever certain in the world of M&A...

As well as negotiations with Slater & Gordon, NM Rothschild is expected to advise Quindell on other strategic matters. I understand Codex will also continue to work with Quindell.

When asked about NM Rothschild's appointment, a public relations spokesperson for Quindell confirmed the advisory group had just been retained.

did this chap have a microphone in someone's knickers?
if not, it sounds like typical BB b'shit with a bare element of truthful possibility, maybe