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

A bit of consolidation after the recent rise would be useful.

Thats it. Get rid of the sellers.

What both of them?
2517

I think you're right George. More buys than sells but the share dose not move.

parrisf---There may be more earlier (delayed time) sells to come, a couple of 250,000 have gone through so possible more to come which would explain the static sp.
I believe QPP will be a good deal higher over the coming months, just pleased I got in nice and early. Good luck.
2517

I would have thought with 12mil+ buys and only 1mil+ sells the share price should have gone up.

I wouldn't give much credence to the alleged buy/sell ratio.

skinny----That's something I have banged on about at various times, delayed trades can distort the true picture, however with QPP today the ratio 12 to 1 is not too far wrong imo.
2517

The share price seems to respond to sellers more readily than buyers. A bit unfair I think.

Another strange day for QPP.
2517

maybe its peaked.

That's always a possibility halifax, perhaps just some consolidation as skinny touched on, however with 2p EPS for 2013 the PE is miserly at current sp. It's probably a pause for breath after the strong run, again as suggested by skinny. IMO this is still cheap.
2517

Won't hurt to wait and see before jumping in.,.
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def not peaked...tons of good news /profits still to come! (imho)

Quindell recognised in Celent Claims report

QUINDELL RECOGNISED AMONG THE LEADING EUROPEAN PROVIDERS OF INSURANCE CLAIMS SYSTEMS IN CELENT CLAIMS SYSTEMS VENDORS: EUROPEAN GENERAL INSURANCE 2012

Good news but everybody selling.

How do you work out whether a share is cheap or not?

parrisf---The criteria for ascertaining whether a share is cheap or not are many, the following is not an exhaustive list, but may be a good starting point :- PER, and PEG, company debt, cash, cashflow etc. Even after establishing that a company is cheap it may be in a sector that is totally out of favour and therefore take time to move. I'm sure many better informed than I could add to the above. Good luck
2517

Thanks for that George. I was hoping for a simple formula.

I think this chap had one :-)