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

Good to see directors buying.

Chief Executive increases holding

The Board of Quindell Portfolio Plc (AIM: QPP.L) has been informed that on 28 December 2012 Robert Terry, Chairman and Group Chief Executive, has purchased 250,000 ordinary shares of 1 pence each ("Ordinary Shares") at a average price of 16.43 pence per share.

Following this transaction, Mr Terry, together with shares held as family interests or by virtue of his position as beneficiary or potential beneficiaries of certain trusts is interested in a total of 683,000,000 Ordinary Shares in the Company, representing approximately 19.9 per cent. of the total issued share capital.

So that's twice in two days he's bought?

Bought in last week. Shares mag has this for a tip for 2013. They think the shares could hit 35p in 2013 , some 150% up, and the profit potential even greater.
Quindell expects to move up to the main market next year. Cenkos expects this to mean estimated 2012 revenues of £158.8 million should balloon to over £440 million in 2013, while this years pre-tax profit trebles to £43.3 million. Earnings per share of 1.24p in 2012, should hit atleast 2.45p next year, with 3p even on the cards.
This implies a 2013 price/earnings multiple of 5.6, a huge discount to the 15.7 times rating attached to closed stock market peer - INNOVATION GROUP (TIG)Narrowing that gap to a forward PE of just 10 would imply a 24.5p share price within six months for a rough 80% profit. Factor in EPS of 4p for 2014 and a reasonable PE of 12 then 48p looks within reach.

Not just ShMag either. Two press comments favouring Quindell. One in the Money section of today's Sunday Times saying:

'ROBERT TERRY, the chairman and chief executive of Quindell Portfolio, purchased shares valued at £100,750 in the software group on Thursday. Terry bought 625,000 shares at 16.12p each, and as a result he now has an interest in 682.75m ordinary shares, equal to 19.9% of the total issued share capital.
Quindell, which provides software, consulting and outsourcing solutions, said two weeks ago that its full-year results are expected to be “significantly ahead” of market expectations after a strong fourth quarter.
The company also announced this month that it has completed the acquisition of Silverbeck Rymer Solicitors after receiving approval from the Solicitors Regulation Authority.'

'Directors have in-depth knowledge of their businesses, so it can pay to track their moves.'

(Since when he bought another lot, taking his stake to over 20% and issued a twitter message expressing confidence)

And this one yesterday from 'Midas' at Thisismoney/Mail:

http://www.thisismoney.co.uk/money/investing/article-2254626/MIDAS-SHARE-TIPS-Tip-ethical-claims-firm-Quindell-Portfolio-tripled-cash.html

Further Completion of Legal Acquisitions

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 further to the announcement on 21 December 2012 and following approval from the Solicitors Regulation Authority ("SRA") to operate as an Alternative Business Structure ("ABS") announced on 18 December, Quindell Legal Services Limited has now completed the acquisitions of Pinto Potts Solicitors ("Pinto Potts") and The Compensation Lawyers ("TCL").

Pinto Potts

The consideration for the acquisition, which was announced on 15 October 2012, has been satisfied by the payment of the final amount in relation to the £1.5 million of cash due on completion and a further £1.5 million payable in the second half of 2013 together with the issue today of 87,500,000 Quindell shares, which will be subject to lock in arrangements ranging from 12 to 36 months.

The Compensation Lawyers

Consideration for the acquisition, which was announced on 3 December 2012, was satisfied by the payment of £30,000 in cash and the issue today of 2,200,000 Quindell shares which will be subject to lock-in arrangements ranging from 12 to 36 months.

I'm back in.....Bought at 15.75p earlier today. Wish I had not sold at 7p….. silly me.

Anyway, did anyone see the 4.5m trade, then if that was not a large trade; there was a trade at 45m shares?

At least Rob Terry is putting his money where his mouth is £150K, can't for ask more.....Only the share price to do well.


GLA........Gerponville18

">

have a feeling this is going to drop a bit more yet till the next rise.,.

I have my eye on this one but will wait a bit

wouldn't wait around too long if I were you...could be a trading update in the next week or two..then a rally up to the final results release due mid-Mar (IMHO)

Ah yes - thanks for reminding me re Final Results Skyhigh!

A decent bounce today after the marked down yesterday, maybe was a MMs game to reach a point were the 45M buyer could do so @ 16p

Bought some more today

Good on you Skyhigh.

I bought back in last week...........If they retrace further, I will be tempted to buy more, but I feel they will start to rise from this point....IMO.

GLA........Gerponville18

chart still pointing down hill.,.

NOT any longer at this point 14.50 / 14.75p

a lot of up and down to this price with good buying at this point

so I took a position at 14.71p

       

think your premature magicjoe.,.

That chart on the right looks like it could do with one of these :-)

Balerboy

I see investors buying at 14.75p and no sellers at 14.50p no 14.75p the times that it has come on the bid side since ( but AT at that price meaning buying on the order book)

So I wanted to buy further down but the trades tells me to buy now
and I could say there is more chances of me being right than you at the moment.

still dropping ..... 1463p