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

Further Clarification Regarding Press Speculation

At the start of last week we announced record results and guided that we were preparing for our full listing. Since this time we've seen significant share price turbulence which is not related in any way to the performance of the underlying business. The Board is aware of continuing press speculation regarding the equity swap and an active short position in relation to the Company's ordinary shares. The active shorters have also called into question the quality of the Group's debtors in relation to its outsourcing business as other companies in this sector have had issues in this area. In light of this, the Board wishes to provide further clarification that following its recently reported results, the Group has a strong balance sheet, good debtor controls and continues to trade profitably with significant traction in the insurance sector.

· 2012 Results significantly ahead of market expectations
· Equity swap does not expose Company to any further share issue or payment of cash
· All shares related to equity swap already issued and included in basic EPS calculations
· Equity swap related receivable of £13.3 million is only 6.6% of receivables at year end
· Group will receive further cash from the equity swap once share price is at substantially higher levels
· Outsourcing debtors represent c.90% of trade debtors and accrued income at 31 December 2012
· Cash representing c.50% of outsourcing debtors at December 2012 collected in 4 months to April 2013
· Strong balance sheet and debtor control underpins profitable growth and cash generation in 2013
· Certain directors of the Company intend to acquire shares once permission has been received

The Board knows of no valid reason for the recent share price decline. Furthermore, the equity swap asset, which has also been subject to speculation, accounts for only a small part of the Group's receivables being £13.3 million of £202.3 million at 31 December 2012 and is not a material contract in relation to the size of the Group. Included within trade and other receivables, as well as the equity swap of £13.3 million, was the deposit payment for Accident Advice Helpline of £19.8 million which is now no longer in other receivables as the acquisition was completed in April 2013 and this amount is therefore now included in the balance sheet as a cost of acquisition.

Analyst and Institutional Investor Teach-in

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 will be conducting a series of Analyst and Investor Teach-in sessions on various areas of the business over the next three months.

This follows the Company's strong results last week, and to ensure investors and analysts understand the organic growth and strong balance sheet that underpins the company's strategy. The teach-ins will be run by the Executive Management team and will provide an in depth understanding of each area of the business. The sessions will illustrate the Company's growth to date, and how it will continue to deliver sustained growth for shareholders.

After the 2 RNS today
steady rise and looking for 8p by the way it goes soon
well supported on the order book by 2 Market Makers - Cenkos and Scap -

They seem rather destperate to need teach-ins.

DCB?

Second profit taking of the day loosing 1/3 of the rise, normal after large risers and on the way up once again
Could not managed the 8p, was a bit short of that price with a 2p rise

some press a bit earlier

Quindell Portfolio shares are recovering today, up 27% to 7.6p, after mysteriously crashing last week in the days following the software firm's release of expectation-busting results -- between results day on 7 May and the end of Friday, the price had plunged by 55% to fall as low as 6p.

Today the company, which serves the insurance and financial sectors, again responded to press speculation with a firm rejection that there is anything wrong, assuring us that an apparently controversial equity swap represents only a very small proportion of its assets and presents little risk, and that "active shorters" are wrong.

It very much depends on the quality of the assets they have acquired over a short period of time.

A very interesting quote from today´s FT artcle wrt QPP´s equity swap

" Laurence Moorse, finance director, added: “Under no circumstances does the company have to pay out more money or issue more shares under this agreement. "

Which was confirmed in today´s RNS

"For the avoidance of doubt there are no circumstances under which the Company would have to issue more shares pursuant to the equity swap or have to pay out any further cash regardless of the performance of the equity swap. All shares in relation to the equity swap were issued upfront and are therefore already included in basic EPS calculations. "

Steady rise today as there is a buying presure on the Level 2, finally the 8p has gone, as a large order on the buy side 895K at 7.95p had made the bid side very strong.

parrisf, not at all, QPP's is a complex and diverse business and therefore 'teach-in's' make sense. It's reported that EK has shorted QPP due to not understanding the business model.

BB--nice rise (so far) from 6p 2days ago, now 8p
2517

In auction again +21.1%

This is the first time I have come across teach ins but lets hope it is useful. Thanks for that G.

yes George, feel better about my buy now, lets hope it continues and gets past my average now.,.

Director Shareholding

The Board of Quindell Portfolio Plc (AIM: QPP.L) has been informed that having been advised that they were no longer in a close period pursuant to the AIM rules and that permission had been received, the following directors have purchased ordinary shares of 1 penny each on 14 May 2013 at a price of 8.0 pence per share.

No of shares Resultant holding............Note

Director Role purchased Number %

Robert Terry Chairman and Group Chief Executive 1,000,000 684,000,000 16.8 1

Laurence Moorse Group Finance Director 250,000 17,850,000 0.4


Note 1: The holding includes shares held as family interests or by virtue of his position as beneficiary or potential beneficiaries of certain trusts

I'm in the blue again here.

Director/PDMR Shareholding

The Board of Quindell Portfolio Plc (AIM: QPP.L) has been informed that earlier today, Shirley Bowers, the wife of Anthony Bowers, a non-executive director of the Company, purchased 100,000 Ordinary Shares of 1 penny each at a price of 9.75 pence per share.

Following this transaction, Mr Bowers, together with shares held as family interests, is interested in a total of 1,337,415 Ordinary Shares in the Company, representing approximately 0.03% of the total issued share capital.

She was a bit slow off the mark, but I suppose if she had bought at 6p then the conspiracy thoerists would have been up in arms!

Here we go again - in auction!

What is 'In auction'?