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

Would be good G18, is the volume today normal or higher than normal, not long followed these so just curious.
2517

The share is very much above normal..........However,

LONDON (SHARECAST) - Software outsourcing firm Quindell Portfolio hailed an 'exceptionally strong' first half with results comfortably in line with market expectations.

The firm said that turnover for the six months to the end of June was expected to be around £45m.

Earnings per share were in line with market expectations at around 0.44p, it said.

The company added it was "extremely confident" of meeting market expectations for the full year.

"With the integration of our core insurance outsource services operations over the last six months, the good performance of our core brand extension business and with continued growing demand for our technology, we have been able to deliver an extremely strong first six months of 2012," said Chairman Rob Terry.

Quindell highlighted its software and consultancy division, which finished the first half with a record level of license in the pipeline.

I need to buy more.......That's for sure!

I believe the 2nd qtr was much stronger than the 1st qtr which bodes well for further improvement, looking good and decent sp rise today.
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I agree 2517; I am going to leave for a couple of days........Let the profit takers take their cut then buy for the 3rd and 4th quarter!

It's all shaping up nicely!

topped up today..20k shares @ 6.7p

Now I know why your "Code Name" is skyhigh.........300,000 shares......Wow!

Obviously, you are backing on a very good Christmas!

I need to check my pockets........Don't think they are that deep though?

unfortunately for me it was only 20k worth of shares and not £20,000 ! wish I had that sum to invest as it could £60k in a years time!

Skyhigh,

Apologies; 20,000 shares is not bad all the same..........Very big share for the future.

I need my other investments to improve, then I too can invest more in this stock.........Hope it's not too late when I do invest in additional shares?

Bought some more today :) more pos+ publicity released today..........


Buy recommendation and 21p target from GECR today:

http://www.gecr.co.uk/research/124/quindell-portfolio

"With the company continuing to deliver against its business plan of driving client efficiency through the supply of services to the insurance and telecoms industries, we recommend the shares as buy at 7.00p with a 21p target price."

nice increase in the SP today..

I am feeling a little "peeved off" .........I sold my shares at 0.065?

Should have kept them for the long term I know.......Tied-up in oil stocks at the moment?

I will be back.....As the saying goes!

Not sure who but someone had a price target of 21p on QPP, so plenty of upside from their current 7.5p IF that is reached.
2517

FYI... (FWIW)

Stick with it... could be double by next spring (imho)

Date Company Name Broker Rec. Price Old target price New target price Notes
09 Jul Quindell Portfolio Daniel Stewart Buy 7.50 24.00 24.00 Reiterates
09 May Quindell Portfolio Daniel Stewart Buy 7.50 21.00 21.00 Reiterates
05 Mar Quindell Portfolio Daniel Stewart Buy 7.50 21.20 21.00 Reiterates
28 Feb Quindell Portfolio Daniel Stewart Buy 7.50 - 21.20 Reiterates
25 Jan Quindell Portfolio Daniel Stewart Buy 7.50 15.00 21.30 Reiterates
24 Jan Quindell Portfolio Daniel Stewart Buy 7.50 15.00 15.00 Reiterates
12 Jan Quindell Portfolio Daniel Stewart Buy 7.50 15.00 15.00 Reiterates
15 Dec Quindell Portfolio Daniel Stewart Buy 7.50 15.00 15.00 Reiterates

Apparently QPP tipped in Shares magazine today as one of ten "hidden gems."

I agree with the Share Mag statement..........Great leader. Only one-way this stock is going. I'm hoping to buy tomorrow; should imagine a few other investors will do so following the article publication!

Interims due early Sept.
2517

Yep, but not much new stuff to expect as it was all released in a trading statement 9th July.
So I reckon there'll be a small gradual rise in SP untill the results and then a drop back on the interims
I expect the real gains will be in 6-9months time, (imho,dyor)..

Agree skyhigh, I liked the phrase comfortably in line with market expectations. From todays rns July was the strongest month for cash, profit etc for QPP, so great start to the second half.
2517

Interims on tuesday, be interesting to see whether July's records have continued into August. Media comment reckon these are significantly undervalued.
2517