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

what would you like to see ?

One year chart please with 30 + 50 + 200 day MA's. Line or candle. Thanks

Take a look at this skyhigh. It is the chart I used for my Cape thread.

Take a look at this skyhigh. It is the chart I used for my Cape thread.

http://www.moneyam.com/InvestorsRoom/posts.php?tid=17223

Major contract win with Leading UK Broker

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 a material new contract with one of the UK's largest insurance brokers.

The leading UK broker has agreed to extend via a new outsourcing contract its relationship with Quindell to 31st March 2014. This initial term included a trial period where a significantly improved customer journey was achieved compared to industry norms experienced from previous partners. This contract is very material to Quindell's revenues and the largest signed, for the period ended 31December 2013.

The outsourcing partner is one of the UK's largest insurance brokers with over 1.2 million auto policy holders and the contract will see Quindell service all aspects of the claims process.

.

Cenkos comment today

Quindell (14.1p, £511m, BUY, Cenkos Brokership) has announced a “material new contract with one of the UK’s largest insurance brokers”. The UK broker has agreed to extend via a new outsourcing contract its relationship with Quindell to 31st March 2014. This initial term included a successful trial period (significantly improved customer journey). The outsourcing partner is one of the UK’s largest insurance brokers with over 1.2 million auto policy holders and the contract will see Quindell service all aspects of the claims process. This contract is therefore material to Quindell’s revenues and the largest signed, for the period ended 31 December 2013 (we believe this contract could deliver c£100m of revenue in FY13 compared with our total Group BPO revenue forecast of £390m). This contract follows the recent deal with the RAC and a positive Q1 trading update. The shares have rebounded back above the November placing level but still trade on just 5.4x our FY13 forecast. The Jackson review driven acceleration of contract activity is as we expected but the run-rate size of the opportunities is larger than we assume in our current estimates (we will review our FY13 forecast and add an FY14 forecast when QPP reports FY12 financials early next month). The strength of the underlying fundamentals (plus the help of a move to the Full List) we believe can support a valuation of 36-48p during the course of the next 12 months.



----------------------------------------------------------


"..we believe can support a valuation of 36-48p during the course of the next 12 months..." (say Cenkos)

From 14.1p, thats a suggested 155% to 240% share price rise, and an implied market cap of £1.35bn to £1.8bn, which would place it up among some big names between 180th and 210th in the FTSE index.

Very roughly two-and-a-half to three-and-a-half times the size it now is.

Wildly optimistic in my view, Juzzle. I would be happy just to see us north of 15p right now. I reckon the market doesn't quite know what to make of this stock. It has come out of nowhere very quickly.

Entry to North American Insurance Market

· Acquisition of Iter8 Inc. marks Quindell'sentry into North American Insurance market
· Specialist in providing SaaS based solutions to the direct insurance and broker channels
· Acquisition accretive and consideration gives an implied value of 17.5p per share
· Technology market leadership proven in Europe and replicable in North American market

Are you in here Skinny?

Yes for my sins @11.92p.

£20m Contract Win with UK Insurer

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 multiple contract terms have been agreed for the direct operation of one of the UK's largest insurers.

The initial contracts, for up to three years, forge a multi-year relationship and in combination are expected to generate approaching £20m of revenue. These will see the Group provide a range of business process outsourcing services to the client including medical reporting and rehabilitation, credit hire and deployment of repair, all underpinned by the Group's marketing leading SaaS based technology.

The contract follows a competitive tender against other leading outsourcing players in the market and most importantly has the further potential for the relationship to broaden to other distribution channels over time, as further success in improving conversion into service is demonstrated within the direct channel. If all distribution channels are contracted this will become one of the most significant clients for Quindell in 2014.

Crusader provides capacity for more organic growth

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 an exclusive partnering agreement, with immediate effect, and the acquisition subject to FSA approval of Crusader Assistance Group Holdings Limited (trading as "Crusader"), a specialist provider of full claims management services for a number of the UK's leading auto insurance brokers.

· Acquisition of one of the UK's most innovative claims outsourcers for shares at a significant premium
· Independently earnings enhancing in the current year and significantly earnings enhancing for 2014
· Fast tracks Quindell's growth in brand extension services to brokers with new product offerings
· Provides circa £6 million revenue and circa £15 million synergistic revenue for Quindell outsourcing per annum
The terms of the acquisition, which is subject to approval from the Financial Services Authority ("Completion") will be satisfied by the issue at Completion of 34,285,714 Quindell shares representing approximately 1% of the Group's issued share capital, together with the payment of £1 million cash and two further payments of £1 million after the end of each of the two warranted profit periods. Based on the agreed valuation of £9 million, the transaction gives an implied value of 17.5p per Quindell share. The shares are subject to lock in of between 12 and 36 months from the date of issue. In return, Crusader has warranted that the business independently will make a minimum profit after tax of £1.5 million and operating cash flow of £1.5 million for each of the two years ending 31 December 2014. The acquisition is expected to be earnings enhancing in the current year and significantly earnings enhancing in 2014 due to the volume of outsourcing work that Crusader can provide to the Group, estimated at circa £15 million per annum by 2014.

although yet another issue of shares, I do like the lock in and profit target clauses

Major Contract Win


Major Contract Win with one of UK's Largest Accident Management Companies

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 contract terms have been agreed with one of the UK's largest accident management companies aggregating volume from smaller brokers and other insurance intermediaries.

· Contract win with revenue already run rating over £36 million per annum
· One of the UK's largest accident management companies
· Adds to the 40+ independent outsourcing and referral partners now providing significant volume post LASPO
· Targeting to deliver over 1,000 injury claims per month to the group on a 6 month rolling contract.

The contract, which will operate on a six month rolling basis, now sees the Group partnering in a vetting arrangement under a LASPO compliant model with one of the UK's largest accident management companies and aggregating volume for smaller brokers and other insurance intermediaries. For April 2013, the first month in which the Group received significant volume from this source, case volumes significantly exceeded the 1,000 injury cases targeted for the month. The Board is therefore confident that the revenues in connection with this source across the Group's end to end supply chain offering for Personal Injury claims, Medical Reporting, Multi Disciplined Rehabilitation, Auto Accident Repair and Vehicle Hire Services will generate more than £36 million per annum. The profitability of this contract is expected to be in line with the Group' s long term EBITDA margin guidance of 20 to 25%.

Expansion into Property Claims

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 acquisition of Quindell Property Services Limited ("QPS"), a newly formed Group providing disruptive outsourcing and technology solutions to the property insurance market place.

· Acquisition and controlling stake in innovative SaaS based claims outsourcer for shares at a premium
· Fast tracks Quindell's expansion into global property insurance claims market
· Earnings neutral in the current year and significantly earnings enhancing for 2014
· Potential for £10 million profit before tax from property services in 2014
· Proven strategy to save up to 30% on property claims and global pipeline of opportunities identified

ahead of results and after today's news

Comment about rapid expansion QPP-too-rapid-expansion/

mentor - I think that echoes what many are thinking atm - I hold, but wonder how all these deals will finally mesh together.

I'm a bit confused.

Things look to be really happening here.

I know it's typical to knock out the small investors prior to good results. Hopefully today's drop is caused by that.

I've waited long enough and hopefully Tuedays results will stabilise and encourage real investors, so I've bought a few!

A move into the FTSE 250 should be swift following a move to the main market. Then people will buy.........

There was plenty of buying with 500K trades @ 13p late on the day, there was also an order to sell with 250K placed and being replaced every time that was taken as 13p AT till finally filled and moved to 13.25p offer
So a two way trading ahead of results

Techmarket View

Quindell buys 'Big Brother' SaaS business
John O'Brien, 09:13, 3rd May 2013

Quindell Portfolio’s insatiable appetite for M&A continues. This time it is increasing its shareholding in property claims SaaS provider 360GlobalNet Limited (360) from 19% to 60%, as well as acquiring unnamed ‘associated companies’.

Quindell is paying the equivalent of £11.5m in shares for the additional 41% stake. The shares are being issued in tranches, depending on 360 achieving targets for £2m of profit in 2013, and at least £10m PBT in 2014 and 2015. Quindell was a founding investor in 360, and in April 2012 increased its ownership from 3% to 19% for £2.15m. 360’s value to Quindell has increased significantly between then and now – with the busines now being valued at £28m vs. c£15m last April.

According to its very sparse website (see here) 360 has developed a system that uses video acquisition, unmanned aerial vehicles, van mounted telescopic mast systems, as well as crowd-sourcing and data and analytics. Quindell says 360's focus is on fraud prevention, compliance monitoring and ‘managed crowd sourcing’. The company has apparently already conducted a pilot with a major listed insurer to save 30% of its property claims costs. To us the approach sounds very ‘Big Brother’, and we wonder whether this is really something that could achieve mass market appeal.

Quindell yesterday announced a deal with the one of the UK's largest accident management companies, to deliver over 1,000 injury claims per month. Quindell is being engaged on a 6 month rolling contract. The pilot already achieves annual revenue run rate of £36m. But the contract shows the risks inherent in Quindell’s business model. It needs to prove the value of its offering quickly and continuously, in order to retain these sorts of client relationships.