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

Explains why today SP stayed low but some short term traders will be worried.

How do you know they are sells ?
Either way the sp held well.

No news about that I can find.,.

Lol . who the feck is plumbum ... where have you turned up from ?

Troll alert , must be that time of year.

... and if they are sells someone bought them and vice versa.

Dil sorry did I misquote any facts from yesterday happy for u to correct me.

And it's Pumben

Thanks

No you just posted half a story.

New Contracts and Results Date

Quindell 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 new contracts for its Services Division and the date of the Group's Preliminary Results announcement.

· Preliminary Results announcement date confirmed as 31 March 2014

· Post fundraise organic growth target of £450 million exceeded by £30 million

· Trading in Q1 2014 ahead of plan for all key performance indicators

Both the Group's Full Premium Listing and its audit by KPMG are progressing to plan. The Group confirms today that it will be announcing its Preliminary Results for the year ended 31 December 2013 on 31 March 2014. This timing has been chosen to coincide with the end of the Group's first quarter of 2014 to enable the Group to provide further guidance on its Q1 trading. At this time, the Group will also outline the significant progress being made in relation to its collaboration models which further improve the operating cash flow of the Group and deliver significant benefits for the industry by driving down the cost of claims. Trading in the year to date has been ahead of plan for all key performance indicators, being profitability, cash generation and EBITDA margin.

The Group has previously reported that the total additional new business confirmed since the start of 2014 is in excess of £350 million. The Group is now pleased to confirm that its target of £450 million per annum to be contracted by the time of announcing its 2013 results has now been exceeded with a final £130 million of new annual run rate revenue now contracted beyond that previously announced, with margins ahead of guidance. These new contracts are expected to reach full run rate during the first half of the current financial year.

Rob Terry, Founder and Executive Chairman of Quindell said: "The Board is pleased to be able to confirm that the Group has now achieved the organic growth potential indicated at the time of its £200 million fundraise in November last year. This growth has been achieved whilst being selective about the type of new business we have contracted to ensure the best quality of work, margin potential and cash performance for the Group whilst maintaining our focus on driving down the cost of claims, protecting consumer rights and ensuring the best possible customer experience.

The mix of business that has now been contracted and that can be generated through our own direct and indirect consumer channels ensures that the Group shall have no reliance on any single segment of the market, type of work or referral partner to deliver on its longer term growth potential. The performance in Q1 to date validates this strategy for growth with current performance trends demonstrating the potential for the Board increasing its longer term margin guidance as we proceed through the first half of this year."

Usage-based auto insurance is becoming more popular throughout North America. In the U.S., the use of telematic devices is becoming quite normal as drivers look for ways to reduce their insurance premiums. While there are still concerns regarding the security of information being collected by these devices, insurance regulators in the U.S. have shown strong support for the concept of usage based insurance products.


(source: liveinsurancenews.com - yesterday)

Should be music to the ears of Quindell and their partners, in the US and in Canada. Especially as Quindell is planning to dual-list its shares on either the Canadian or US exchanges.

Canaccord Genuity Buy 38.13 37.00 87.00 87.00 Reiterates

that'll do nicely........ for now.,.

http://www.directorstalk.com/positive-outlook-for-quindell/

Drifting down again ......

Seems your desired consolidation is taking place skinny.

Yes - the longer it consolidates, the stronger the eventual move should be - hopefully up!!

Investors chronicle coverage update For convenience of those without access, stated the below:- Quindell to report earnings jump Company calendar Full-year results from Quindell (QPP) on 31 Mar will give the company yet another chance to shout from the rooftops about how well things are going. Current city consensus is for adjusted pre-tax profit to more than double to £125m, giving earnings per share of 2.4p (2012: £49m and 1.4p). A year ago, the jury was out on insurance industry outsourcer Quindell. Formed by a hotchpotch of acquisitions and backed by dilutive cash calls, many saw it as a jam tomorrow story. But an impressive recent run rate of contract wins has changed all that. In October, Quindell announced a game-changing £150m contract win with Direct Line. Then, earlier this month, Quindell confirmed it had already exceeded its target to secure £450m per annum of new business by the time of the upcoming final results, with margins on that new business running ahead of guidance. The company also said trading in the first quarter of the current financial year was ahead of plan on all key performance indicators. IC VIEW: The shares have more than doubled since we turned buyers at 15.5p in October. But trading on only 9 times 2014 forecast earnings, they still offer enough re-rating potential to keep us buyers. Last IC view: Buy, 35p, 4 Feb 2014

From directors talk:
edit. said exactly the same as jimmy's

here we go back to 36p oooonnnnnwwwards and upwardddddds .,.

Yep - consolidation complete!

Shares Mag
Analyst price
targets of 45p to 50p highlighted in our original
piece have since been substantially
raised, with Cenkos looking at 80p and
Canaccord even more upbeat with
an 87p valuation. The lower figure of
the two implies a market valuation
in excess of £4 billion, putting the
shares on a justifiable 2014 price/
earnings multiple of 22.5. This multiple
is warranted based on near 50% earnings
growth and we expect the firm to eventually
break into the FTSE 100.
Looks like we are all waiting for the results on Monday. I would not be surprised to see a tree shake if some of the big players buy in.