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

it consolidated at 35p...... contracts are contracts it's gotta go.....

No I agree with you skinny , bit of consolidation around 80p would be positive before the next leg up :-)

Did anyone pick up on the Investors Chronicle article - Quindell says it is also considering a North American listing once the UK full listing beds down.

It just consolidated skinny! :o( Can't believe you jinxed it! ;o)

I did BB but I bought back in at low and am in profit.

Your a better investor than me then, you were out at 36p and back in the next day at 35p.......

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Where's the gap disappeared too ???

Features in today's Shares mag - buy rec.

Holding on to the 40p well, think thats the last we'll see of the 30p's.,.

I see it dipped below 40p BB.

bu**er wrong again.,.

Don't cry BB, they will rise again soon.

in for the long haul parrisf, no worries.,.

Well done BB. So am I. Looks like it could hold at 40p+

Very good volume, but down to 38p this morning.

Q1 Trading Statement

Highlights
· Gross sales of £162.9 million (H1:2013: £167.3 million)
· Adjusted EPS1 of 0.82 pence (H1:2013: 1.1 pence)
· Previous market guidance for Q1 Adjusted EBITDA2 £50+ million
· Adjusted EBITDA2 of £65.9m (H1:2013: £54.0 million)
· Adjusted EBITDA2 margin of 40.5% (H1:2013: 32%)
· Continued positive trend of operating cash flow ahead of guidance
· Momentum in Collaboration Model uptake continues expectation of 75% adoption
· Full year cash generation market expectation now anticipated to be exceeded
· Cash at 31 March 2014 of circa £150 million post acquisitions and investments

Services Division
· Recent wins mean Group is now delivering significant organic growth
· Quindell is active in some element now approaching 1 in 3 of claims handled by UK insurers

Solutions Division
· Leading position in telematics based insurance technology confirmed
· Continues to be industry pioneer with Video and Crowdsourcing contracts

Might be glad I took a bit of profit off yesterday.,.

They seem to be comparing apples with oranges!

New contract wins for 360Globalnet in that announcement too.