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 faint!
aldo actually telling me i have something right :-)

RE - VOLUME

the LIAR has spoken again with rubbish 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.

??????
have you been hitting the bottle again, because you are certainly just rambling with no sense at all

as i have said before, and even before you were previously barred, when you stick to your charts and stock observations, you're actually interesting to read, even if one does not agree ..... and of course it's such a shame that you are incapable of accepting any criticism whatsoever, but immediately revert to abusing the writer

As said before a LIAR will allways be a LIAR, just trying to impress the posters around with you saying: making profits on some shares that you do not own.

you are better off with the Apron on and showing your Feminine side at your cooking thread
you do not impress me with Polish parents, Jewish, argumentative and LIAR on top ( all said by yourself ) ..........how can you ask a jew not to argue? ( one of them )

stop being a STALKER also

re - you are incapable of accepting any criticism whatsoever,

you are not able to post without retorting the others posters comments, when they are true
example VOLUME yesterday, were it finished well over the previous week
I do research before posting, but you just talk from you back side to make an argument and put down the poster

Are you as bad as you pal ...... on ADVFN,gf/mike740/ONjohn/dlku/ChristmaWorker/purpleii

I don't think we will get any news until after the close, if not then its Monday morning

done again with some reluctance ..... i don't like succumbing to bullies, but in this instance, i really can't be arsed with the persistent totally unwarranted personal and moderately racist abuse

volumes today (14m) are just a little above the norm of 12m
i'ld have thought it would be much heavier if news is truly imminent

A Rhyme for you

not one is asking you to put the apron on,
or to tell all over the place your family tree

nobody is telling you to be arsed
but maybe is your cup of tea

Looking good on strong volume and held above the 200 DMA. Target is 180p for me.

Target 180p , you said a few days ago most of it was in the price at 128p what's changed ?

ZaK Mir as a target of 150 - 160 on the chart alone ,closing above 200 day MA of 130p

i bought some back 10 days ago, admittedly a bit belatedly, at 122
it's tempting to be greedy and to top up on monday

No, I said if the expected news was concerning the S & G acquisition only, then it may already be in the price. I think momentum and other news as suggested by you (other small deals) might push the sp past 150p which is ZM's trading target. I am not happy holding this stock for any length of time as I don't really understand all the business model or the accounting procedure, so 180p would give me a reasonable profit without being too greedy and my reading of the chart would make that achievable, so long as S & G don't back out and that there are no other gremlins lurking.
Of course, if it hits 180p then I reserve the right to nudge my sell price a little higher! ;o)

Looks like its a DONE DEAL !!!



ASX-listed legal eagle Slater & Gordon is poised to acquire the professional services division of British insurance claims processor Quindell, lending sources told Street Talk.

A deal has been struck at roughly $1.2 billion or seven times earnings before interest, tax, depreciation and amortisation. The purchase will be predominantly funded by an $890 million equity raising, managed by Citigroup and Macquarie Capital.

Sources said an agreement was close to being finalised on Sunday night with the transaction set to be announced as early as Monday morning

Quindell, which is listed on London's Alternative Investment Market, has been in exclusive negotiations with Slater & Gordon since January. As part of the transaction's due diligence, it's understood over 8000 case files were reviewed by a team of 70 lawyers over six weeks.


Analysts said the acquisition, which brings the No.1 and No.3 UK players together, was likely to be more than 30 per cent earnings accretive. It will double Slater & Gordon's UK market share and propel the company into the ASX-100, potentially putting it on the radar of large cap fund managers.

Slater & Gordon shareholders are known to be supportive of the purchase. As part of the deal, the two parties are understood to have agreed to an innovative earn-out agreement around Quindell's troubled noise-induced hearing loss unit.

Since becoming the world's first publicly listed law firm in 2007, Slater & Gordon has grown significantly via acquisitions.

It has grown personal injury claims market share in Australia to 26 per cent from 8 per cent since listing. In the UK, which is five times the size of the Australian market, it has grown to a forecast 5 per cent share this year from nothing in fiscal year 2011.

any idea what that means in relation to sp valuation, though no doubt it will quickly become self-apparent!?

That's what i was going to ask , my guess reaching 150p fast , on opening trades

i'm already in for a nice little profit for the amount invested, so shall be very happy to see further upward movement
i still don't much fancy QPP as a long(ish) hold

Do not sell below £4.90

Tonights offer values Quindell at 490p a share / total value £2.16bn so hold onto your shares:
Prof services £640m +300m from slater and Gordon
Mobile doctors £140m (‘It now makes £14 million of profit before tax,Put it on a reasonable 10-times earnings, that’s £140 million.’ Down the line (assuming Mobile Doctors was sold) ‘we’d use that sort of cash inflow for a mixture of share buybacks and special dividend.)
Telematics £831m (Quartix has 67k boxes and valued at £82.51m, quindell has 675k and is adding at 20k a month at the end of q4 which implies £831m valuation for quindells telematics business alone.) You know the telematics contracts are valuable in the USA as qpp recently bought out the himex minorities therefore they have sight of the potential exponential growth of those USA contacts and ingenie USA launch
Challenger software business £250m
But IMO this might be a merger of prof sev with sgh thereby giving qpp shareholders two shares for each one held - a share in merged legal business and share in remaining tech business. Both of these shares would rerate considerably - prof services under legal co ownership and analyst coverage by analysts that understand legal accruals and deferred cash generation could rerate to 20x as per sgh and then telematics and software could be valued at 25-30x by tech analysts.
Bottom line I would prefer sgh equity listed in London rather than £640+300 cash

Ingenie USA announcements due soon Https://twitter.com/ingenie_richard/status/502870698743046144
USA telematics about to become seriously large opportunity. Quindell supplies 3 of the top 20 personal lines insurers in the US including Liberty Mutual and American Family (pilots with 4 more) and current negotiations for global telematics 3-5 year exclusive contracts represent over 60% of the projected subscriber base already) American Family UBI leader joined Himex following roll-out! = Https://www.linkedin.com/pub/pete-frey/7/4ba/a94 Liberty = http://prezi.com/xffv6tmx44ez/supporting-libertys-road-to-implementation/?utm_source=twitter&utm_medium=landing_share
If sprint/other partner took a stake in Quindell in exchange for jointly developing the USA telematics business towards a Nasdaq listing this share would rocket and the conspiracy theories would be over. I suspect such a deal will be announced very soon. Sprint has been advertising together with HImex in the USA insurance trade press: http://www.insurancejournal.com/services/newswire/2014/10/06/342697.htm

good heavens ..... is that indeed realistic?

cynic

i have cancelled my 128p stop loss for tomorrows opening , then will decide which one to replace it with, after trading gets underway.

490p limit it is then , lol