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 don't know about the line

"Sell your life savings and buy at this price IMO"

However they are currently only trading at 8.7p in old money !

jimmy - i assume your quote came from one whom i have filtered!
for all that, this impending and imminent deal with S+G is clearly worth much splosh and value to QPP

finally the compay has made an RNS

Press speculation

Quindell Plc (AIM: QPP.L) notes the Sunday Times article dated 15 March 2015 and confirms that it remains in discussion with Slater & Gordon Limited ("SGH") regarding the possible disposal of the professional services division ("PSD") of the Group. Quindell confirms that a number of deal structures have been discussed with SGH including one with an up front value of £640 million and a share of receipts from settlement of Noise Induced Hearing Loss cases. However, there can be no certainty that these discussions will lead to any offer, or the disposal of, the PSD. Further announcements will be made, as appropriate, in due course.

It is and you should read ,it was not mentor qouting that line it was a cut and paste . Worth a read .

the LIAR has spoken again with rubish again

even MAM has told him, stop talking from your backside ............... filtered a few minutes later unfiltered

--
Nothing to be gained from challenging the trolls, some call them derampers, but I think more likely just wind up merchants..

There are the odd exceptions of course, who take more than pleasure alone in misinforming and causing conflict..oddly enough the often have alliterative names...C

Why challenge, its like arguing with a toddler.

ST yesterday had much to say and i'm quite surprised sp is not higher this morning ...... it opened well up of course, but whenever it tries to surge higher still, it quickly runs into profit taking

Fear and greed !! i read the ST yesterday.
I did well out of this last Jan / Feb so a bit reluctant to get caught out . May have a trade here if it drops back .

i'm happy to leave the toad under his stone as there is then no temptation to react to his stuff

I am very happy to tell TOM, DICK and HARRY your full story, so they can see day in day out your LIES,
before and again today ........... filtered a few minutes later unfiltered


re - you know
Who can trust a ... not the Pales.... not the Ira.... not even me who I am not related

Oh, give it a rest. We're making money. Be thankful.

harry - i assume that wasn't aimed at me, or at least i rather hope not :-)

Today's surge had gone well over the BB top band, so will take time to hold to certain prices

It's probably aimed at all who constantly argue !!!!!!

how can you ask a jew not to argue? .... it's in their genes!

why do jews always answer a question with a question?
why do you ask?

:-)

has been reading my post the LIAR

many more negative things on the genes it seems

from the Mootley Fool- Hargraves -

Shares of embattled insurance outsourcer Quindell (LSE: QPP) are surging this morning on takeover rumours.

These rumours stem from a report published yesterday in The Sunday Times. The report claimed that Australia’s largest law firm, Slater & Gordon, is on the verge of making an offer for Quindell’s legal services division.

According to reports, Slater & Gordon — an Australian law firm with interests around the world — is contemplating a £640m cash offer for Quindell’s legal services division, which is equivalent to around 145p per share.

What’s more, as part of the deal, Slater & Gordon is expected to pay Quindell 50% of receipts from noise-induced hearing loss cases being investigated by the division.

These terms value Quindell’s legal services division at around £900m. With the £640m upfront cash payment complemented by receipts from hearing loss cases of between £100m and £300m over the next three years.

According to sources, Slater & Gordon has already completed its due diligence on Quindell. It is expected that the deal will be officially announced before 23 March, when the Australian group’s “exclusivity” agreement runs out.

Could it be different this time?
Quindell is no stranger to takeover speculation. Ever since the group embarked on a turnaround plan, after the departure of former chief executive Rob Terry in November of last year, there has been an almost continual stream of rumours surrounding the company.

And it remains to be seen if this latest rumour has any truth behind it. At present, there is little to suggest that Slater & Gordon will make an offer for any part of Quindell. The two groups have been in discussions for some time and so far, Slater & Gordon has not expressed any concrete interest in all, or part of Quindell. Quindell’s management had to reassure the market at the end of February that negotiations between the two groups were still in progress, amid speculation that the talks were starting to unravel.

Nevertheless, as the saying goes “there’s no smoke without fire” and this takeover rumour could have some truth behind it. Personally, I’m always sceptical of any takeover speculation — more often than not, the speculation is just that, speculation, and nine times out of ten, no deal will be announced.

Unfortunately, any offer for all or part of Quindell is likely to be below the company’s all-time high of 626p reached at the beginning of 2014, just before the company came under the scrutiny of short sellers.

The bottom line
All in all, a bid for Quindell's legal services division could be just around the corner but there's no guarantee that any deal will emerge. So, investors shouldn't expect fireworks from Quindell any time soon.

things to look for

positive

a posible offer of £900M for part of the company (legal services division.) well above market cap at the moment )

2.25 PER for a highly profitable growing company

negative

the offer could not materialise

The Independent Review still wating for, could be still worse than the already bad talk recently
2 days chart

Must have been a few stop's triggered today with the sharp fall to 116p , was expecting it some time this morning, thats why i didn't have a stop in place.

Maybe not tomorrow then.






hxxp://betaville123.blogspot.co.uk/




Betaville


Sunday, 22 March 2015




Aussie lawyers Slater & Gordon in exclusive talks to buy Quindell's legal services division - part 14



I hope your having a good weekend Betavillers.

I have been getting a lot of questions (and a fair amount of abuse, too) in recent days about the Slater & Gordon/Quindell story I have been covering in the last few weeks.

For readers that don't recall, the £640 million sale of Quindell's legal services division to Australian law firm Slater & Gordon had been scheduled to be announced tomorrow.

However, I understand the timetable for the announcement of the Slater & Gordon takeover of Quindell legal services unit changed last week.

Sources familiar with the situation tell me the deal is now on course to be announced at the end of this (upcoming) week instead of tomorrow - although one person cautioned there could be further delays to the timetable.

Zak Mir's trading strategy for QPP:

https://www.ig.com/uk/market-insight-videos?bctid=4123792713001&bclid=3671160850001