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

Harry - its because it has a fixed date range 06/12/2011 - 20/12/2011.

Just shut your right eye Harry. Lol

So how about changing the date then or delete the relevant html! What's the point of an out of date graph in the header???

Chill pill harry.,.

Trading Update

Highlights

· Q1 delivers over £25 million EBITDA, up 350% on first quarter 2012
· Margins ahead of guidance in Q1
· Q1 cash conversion, profit and EPS are on track to meet full year expectations
· Majority of outsourcing volume in multi-year commitments
· Pipeline conversion remains a priority for the first half of 2013
· RAC contracts finalised. Post LASPO, three further major accounts also finalising contracts
· More than 40 independent outsourcing and referral partners providing significant volume post LASPO
· Integration ahead of plan with new management structure to be announced shortly

Completed Acquisition of Accident Advice Helpline

Highlights

· Completion of acquisition, significantly and immediately earnings enhancing for the Group
· Addition of a leading direct consumer channel to our legal services business model

· Issue today of 242.1 million shares (circa 6.0% of total share capital) based on 17.5 pence

· Acquisition trading ahead of warranted business plan

· Shares locked in for 12 to 36 months

Questor share tip: Quindell Portfolio a buy ahead of new contracts news

Insurance outsourcing group Quindell Portfolio’s shares have performed weakly this year, but recent news has turned the situation around.

Yesterday’s update has eased concerns about whether it will meet expectations this year and news on three major contracts looks imminent.

Quindell uses its software to provide services to insurance companies that enable them to slash operating costs for their customers.

For example, its Ai Claims unit manages the paperwork involved in car repair and car hire following road traffic accidents.

right hand chart in the header removed.

SP must start to greadually increase now towards to the early May results.. what with the other contracts to be announced and more press coverage/tips.. this must have a pos+ impact..... GLA

Oh dear! Sorry but I couldn't resist scooping up a few. Only one way for the sp now I'm afraid! ;o)

So have I. Wish I'd bought at 10+. Have made some profit with QPP so in again.

We're doomed! ;o)

Any chance of putting a new. detailed chart into the header, skyhigh?

what would you like to see ?

One year chart please with 30 + 50 + 200 day MA's. Line or candle. Thanks

Take a look at this skyhigh. It is the chart I used for my Cape thread.

Take a look at this skyhigh. It is the chart I used for my Cape thread.

http://www.moneyam.com/InvestorsRoom/posts.php?tid=17223

Major contract win with Leading UK Broker

Quindell Portfolio Plc (AIM: QPP.L), the provider of sector leading expertise in software, consultancy and technology enabled outsourcing in its key markets, being Insurance, Telecommunications and their related sectors is pleased to announce a material new contract with one of the UK's largest insurance brokers.

The leading UK broker has agreed to extend via a new outsourcing contract its relationship with Quindell to 31st March 2014. This initial term included a trial period where a significantly improved customer journey was achieved compared to industry norms experienced from previous partners. This contract is very material to Quindell's revenues and the largest signed, for the period ended 31December 2013.

The outsourcing partner is one of the UK's largest insurance brokers with over 1.2 million auto policy holders and the contract will see Quindell service all aspects of the claims process.

.

Cenkos comment today

Quindell (14.1p, £511m, BUY, Cenkos Brokership) has announced a “material new contract with one of the UK’s largest insurance brokers”. The UK broker has agreed to extend via a new outsourcing contract its relationship with Quindell to 31st March 2014. This initial term included a successful trial period (significantly improved customer journey). The outsourcing partner is one of the UK’s largest insurance brokers with over 1.2 million auto policy holders and the contract will see Quindell service all aspects of the claims process. This contract is therefore material to Quindell’s revenues and the largest signed, for the period ended 31 December 2013 (we believe this contract could deliver c£100m of revenue in FY13 compared with our total Group BPO revenue forecast of £390m). This contract follows the recent deal with the RAC and a positive Q1 trading update. The shares have rebounded back above the November placing level but still trade on just 5.4x our FY13 forecast. The Jackson review driven acceleration of contract activity is as we expected but the run-rate size of the opportunities is larger than we assume in our current estimates (we will review our FY13 forecast and add an FY14 forecast when QPP reports FY12 financials early next month). The strength of the underlying fundamentals (plus the help of a move to the Full List) we believe can support a valuation of 36-48p during the course of the next 12 months.



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"..we believe can support a valuation of 36-48p during the course of the next 12 months..." (say Cenkos)

From 14.1p, thats a suggested 155% to 240% share price rise, and an implied market cap of £1.35bn to £1.8bn, which would place it up among some big names between 180th and 210th in the FTSE index.

Very roughly two-and-a-half to three-and-a-half times the size it now is.

Wildly optimistic in my view, Juzzle. I would be happy just to see us north of 15p right now. I reckon the market doesn't quite know what to make of this stock. It has come out of nowhere very quickly.