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

sp finishes at 12p after results, the market seems to have a credibility problem?

Ooops!

wheres this going? lot of buying now but is it going to stay at this level...... ho hum.,.

ouch!!!!!!!!!!!

Perhaps growing to fast?

What is going on? I cannot find a reason for this drop.

The thread over the road is worth a laugh look!

How do I look at that thread?

If you are registered, then here - a bit of a classroom!

Thanks skinny. Should level at 6p they reacon.

I wouldn't base any investment strategy on what you read on any BB - bwtfdik.

In auction again btw!

Are Market Makers playing games with this stock..?

Don't see any reason for the drop, even though Buys are far greater than sells.

There I was cursing my luck having sold out @ recent low of 10.78p only to see them go to around 14p, doesn't look so bad now, maybe time to buy in again.
2517

company expanding very fast, too many shares issued (over 3 billion) consolidation possibly coming?

Back in @ 7.9p, halifax I think you'll find there are over 4 billion shares in issue. Reminds me albeit on a much smaller scale, of Vodafone years ago where they kept issueing shares to acquire companies. Mind you the sp back then was around the 350-375p mark.

I bought another half a crowns worth @7.199 - makes my holding worth @4/-

I imagine recent acquisitions for paper @ 17.5p have not gone down too well for the acquired.
skinny stop flaunting your wealth, not all of us have that sort of money to throw at co's. ha! ha!

I wish :-)

.

FT comment today:
"Aim-traded Quindell, which provides IT platforms for insurers including RAC, recorded a £13.3m derivative contract in its full-year results on Tuesday, linked to a deal to purchase Accident Advice Helpline (AAH) – one of Britain’s biggest no-win no-fee accident compensation specialists – in December.
The equity swap contract allowed the company to finance the acquisition by placing £17m worth of new shares with an unnamed institution, while offering the investor protection against a fall in the share price.
Since the contract was entered into, Quindell’s shares have tumbled more than 40 per cent, leaving the company with potential losses of several million pounds. Rob Terry, Quindell’s chief executive, said that the instrument enables the company to compete the deal without depleting its cash, and insisted that the company had been right to bet on a gain in its share price.
Simon Cawkwell, the London-based shortseller nicknamed Evil Knievel, said that he started shorting Quindell six months ago, after a friend said that he did not understand its operations. “If you can’t understand a business, then there’s something wrong with it,” Mr Cawkwell said.