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

Having started this thread in Dec 2011 when I bought in about 5.5p I hope everyone is enjoying the ride and showing good gains.

I'm hoping for a doubling up in the SP in the next tax year at least (not withstanding the normal ups and downs along the way) !

Here's to the next 12 months ! GLA!

my other shares i'm in for more good gains are MMX, (was TLDH), COMS, PLE, CHA, LBB, MDZ, SUMM, PVM, PIRI, MEN, UVEL, OEX, GWMO, CTP,,,,amongst others!

Nice one skyhigh, your well in the money now then.,.

Potential for Largest Telematics Rollout Globally

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 that it has signed the world's largest telematics contract to date. The contract takes the form of a joint investment with the RAC in a new company, Connected Car Solutions Limited ("CCS") to distribute Quindell and the RAC's combined connected car capabilities.

· Initial investment for Connected Car Solutions of £30 million
o CCS is now owned 51% by Quindell and 49% by the RAC
o Further £70 million to be invested longer term subject to key milestones
o RAC brand licensed to CCS in relation to connected car solutions
o Quindell not raising capital to meet its 51% share of investment or planned organic growth

· Quindell target for paying subscribers upgraded by 20%
o Circa four million paying subscribers targeted by CCS longer term excluding RAC breakdown members
o Roll out of RAC telematics proposition to 2.1 million consumers commencing in July 2014
o Group target of 10 million paying subscribers generating high margin technology revenues increased to 12 million paying subscribers due to existing contracts and opportunities working with RAC
o Quindell target is for subscriber base to be each paying between $5 to $15 per month equating to $720 million to $2.2 billion per annum in high margin recurring technology revenues
o Joint work with major telecoms partners provides potential for further significant upgrades
o Potential use of Connected Car Big Data from Himex Digital World will enhance customer experience

· Potential cost of claims addressed over £4 billion
o The RAC and Quindell have agreed that CCS will take 100% of the benefit from addressing the cost of claims from RAC connected car consumers whilst focusing on driving down the cost of claims and improving the customer journey following an accident or breakdown related event
o Potential addressable claims costs in relation to the RAC beyond its existing revenue with Quindell is over £4 billion of UK auto claims costs in first 10 years post roll out
o Existing Quindell outsourcing remains in place for non-connected car RAC breakdown consumers
o Longer term additional big data value to be generated beyond connected car utilising Himex Digital World for initiatives including connected home and connected health subject to final agreements

· Value created for ingenie in under 25’s and over 25’s in UK with significant growth potential
o Quindell, Himex and ingenie via CCS will work with the RAC to develop a connected car RAC Driver Score, RAC
Journey Score and RAC Care Score feature within the Himex Digital World technology
o RAC members who choose to opt in to this RAC Score feature will see the savings they could generate by switching their insurance to telematics whilst maintaining the privacy of their data
o Initial providers of telematics insurance are ingenie and RAC, further providers to be invited over time
o Significant support indicated from key existing and prospective underwriters of ingenie due to the typical 49% saving for ingenie customers by renewal and improvement in underwriting result
o The success of the ingenie proposition’s influence on driver behavior was recently recognised with ingenie being awarded the prestigious Prince Michael International Road Safety Award for 2013.

more.....

Friday's move probably due to Investors Chronicle buy - cheap and still a buy

Through the 40p level, here we go.,.

Today's announcement is huge.

Could be very interesting with a full listing coming in June or at least before the next reshuffle. Got to be an outside chance of immediate FTSE100 membership...

I think a gibby YYYYYeeeeeaaaahhhhaaaaa is needed here.,.

All looking positive - shame about the gaps.

Does anyone have a link to the Cenkos note out today?

very small gaps, won't take a lot of filling.,.

Apparently there is a Cenkos note with a TP of 90p, but I can't find it!


Canaccord Genuity Buy 41.63 87.00 87.00 Reiterates

Link copied - Connected cars driving Quindell

Over 200mill shares traded. The buyers are back instead of the sellers it seams. 45p this week?

Closing at the 52 week high?

52 week and all time high is 44.50p

Volume's impressive too.

The only negative for me are those bloody gaps - unless it's a breakaway gap.

That's what I reckon it is , be another one about 60p :-)

LOL