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Quindell Portfolio = Extending nicely for the future! (QPP)     

skyhigh - 19 Dec 2011 20:27


Chart.aspx?Provider=EODIntra&Code=QPP&SiChart.aspx?Provider=EODIntra&Code=QPP&Si



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

Dil - 18 Feb 2014 10:06 - 696 of 1965

Choo choo ... full steam ahead

skinny - 18 Feb 2014 10:11 - 697 of 1965

W129FHsm.gif

jimmy b - 18 Feb 2014 10:12 - 698 of 1965

:~))

Dil - 18 Feb 2014 10:17 - 699 of 1965

I agree ... less of the ramping please Greyhound :-)

Dil - 18 Feb 2014 10:18 - 700 of 1965

skinny - 18 Feb 2014 08:15 - 688 of 699

Am I the only one who thinks this needs to retrace or at least consolidate?




Yeah :-)

skinny - 18 Feb 2014 10:18 - 701 of 1965

:-)

jimmy b - 18 Feb 2014 10:24 - 702 of 1965

Dil - 18 Feb 2014 10:33 - 703 of 1965

lol

If it goes up much further I might start singing again.

skinny - 18 Feb 2014 10:33 - 704 of 1965

stock-photo-sign-seen-on-wall-please-no-

Dil - 18 Feb 2014 10:37 - 705 of 1965

Lol bit like my local , they don't show football and aint fussed on football fans but reckon they let me in cos I support Cardiff so that don't count.

Cheeky tw*ts :-)

Greyhound - 18 Feb 2014 12:28 - 706 of 1965

Not intending to ramp, steadily increasing my holding before bigger funds do (yes it could well fall back next). Just my opinion it will one day join FTSE100. Already market cap of £2.4bn. I'll need to check what the market cap of constituent 110 is..

skinny - 18 Feb 2014 12:34 - 707 of 1965

FTSE 100 CONSTITUENTS

parrisf - 18 Feb 2014 13:03 - 708 of 1965

No!! I agree also. A drop back would create a buying op..

Balerboy - 18 Feb 2014 13:20 - 709 of 1965

yes please

Greyhound - 18 Feb 2014 13:23 - 710 of 1965

Do your own research, but very quick back of the envelope calcs - looking at my Bloomberg, Tate and Lyle is roughly bottom of FTSE100 with market cap of £3.06bn. QPP (which has institutional holdings of Prudential 7.49%, UBS 5%, FMR 5%, Investec 4.9%) has 5.842m shares out. So 52-55p would see it in FTSE100 - unless I've missed a trick (As I say very quick check).

skinny - 18 Feb 2014 13:26 - 711 of 1965

If you look at the link in post 707 and sort it on market cap, WMH is bottom @3,002.37B.

Greyhound - 18 Feb 2014 13:35 - 712 of 1965

Thanks Skinny. So I'm guessing FTSE250 trackers are the ones driving it higher.

Greyhound - 18 Feb 2014 13:37 - 713 of 1965

Today maybe because US closed yesterday and the news out this morning refers to potential US growth...

Balerboy - 18 Feb 2014 14:15 - 714 of 1965

Hitting 43p now, glad most of my holding still intact.,.

Greyhound - 18 Feb 2014 14:18 - 715 of 1965

Dual listing possibility could also be a factor here.
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