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

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.,.
">

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 :-)

Think the peak has gone for now according to chart.,.

Trading Update

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 update the market further to its Q3 trading update.

In the update to the market, the Group announced that it had received verbal indications on a number of new projects with top tier insurers. The Group has now received verbal agreements on five of these projects and contract discussions have progressed significantly on the initial three. As disclosed, these contracts are at a similar scale or larger than the previous £120 million contract announced.

In addition to this, the business has signed with a number of smaller, mid-tier insurance related brands with an additional £30m per annum of outsourcing work across all areas of the supply chain. These contracts are typically three years in duration.

The business is starting to transition itself towards higher margin outsourcing work with a targeted EBITDA margin of 25% as opposed to pure hire or pure repair contracts where EBITDA margins are in the region of 5%.

Placing to raise £26.5m

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 that it has today entered into a placing agreement with Cenkos Securities plc to raise £26.5 million through the placing of 203,846,154 ordinary shares of 1p each ("Placing Shares") at a price of 13p (the "Placing Price") per Placing Share (the "Placing") with new and existing institutional shareholders.

The Company intends to use the proceeds from the Placing to fund its working capital requirements for the contracts that it believes will be entered into in the near term.

Robert Thomson confirmed as Group Chief Revenue Officer

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 the appointment of Robert Thomson as Group Chief Revenue Officer with immediate effect.

As announced in March, Robert now assumes a full-time role with Quindell following the end of restrictions with his former employers, the Innovation Group plc ("Innovation Group").

Quindell is one of the stocks recently added by Hoogi who mostly picks stocks that are already on the up but look like continuing.

RSI & Momentum picking up again.

Investec > 5%

Property Claims Contract Win

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 the signing of a new five year contract, with on-going maintenance and support, for its market leading claims and analytics software with one of the world's leading risk managers.

The signing of the contract follows a competitive tender against all of the credible players in the market for this size of implementation for a major insurance intermediary. The tender included extensive evaluation and proof of concept.

The contract will see Quindell provide its market leading Challenger ICE Claims solution, supported by the Challenger ICE Track data analytics and business intelligence platform. This will enable the risk manager to deal efficiently and effectively with all property insurance claims it receives in the UK, and has the potential to extend to other lines of business and geographies, most likely in Australia and North America.