this share has done extremely well this year - with results coming in a month or so, this is a buy!

From the Telegraph >>>>>>>

Quindell founder: Share-dealing allegations a 'heap of rubbish'

Rob Terry says he has amassed £50m in funding for new ventures and is confident of FCA approval

The founder of Quindell has claimed he will not face sanctions from regulators over his share-dealings at the firm and called accusations of insider dealing “a heap of rubbish”.

The revelations from Rob Terry, the controversial former chairman at the insurance outsourcer, are likely to spark anger among shareholders who lost money by investing in the company he once led.
Mr Terry, in his first public comments since he left Quindell, told The Telegraph that he had amassed about £50m of funding for new ventures, some of which he has provided himself.

He also said he was confident that he would receive approval from the regulator, the Financial Conduct Authority, for his planned stake-building in stockbroker Daniel Stewart, despite the storm that led to his departure from Quindell last November.

Mr Terry, along with two other directors, were the focus of investor anger when it emerged that they had reduced their shareholdings in Quindell in stock market dealings that were initially portrayed by the company as share purchases.

Quindell gets takeover approach for its telematics arm 17 Apr 2015
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He was eventually ousted from the board when Quindell revealed that the trio had carried out the dealings after one of the company’s house brokers had resigned. The wider stock market was only informed of the resignation after the directors had reduced their stakes, prompting heavy falls in Quindell’s share price.

“The transactions that were done at the time were looked at, there was never any question of insider dealing, so it’s just a heap of rubbish,” Mr Terry said on Friday.
He said that there was “no issue” with the Aim team at the London Stock Exchange, which examined the controversial share dealings, and that it was “closed out long long ago, all in a positive manner.”
He added: “There’s never been an issue with the FCA.”

In a move that has raised eyebrows across the City, it emerged on Thursday that Mr Terry was seeking to increase his recently acquired stake in Daniel Stewart to above 10pc, which will require FCA clearance.

“I’m absolutely positive that FCA approval will come through in the normal timescales,” he said.
Daniel Stewart was left with an uncertain future on Friday after it revealed that its nominated adviser, Westhouse Securities, had resigned. If it does not find a replacement by the start of May, its shares will be suspended.
Mr Terry has already amassed a 9.994pc stake in the broker through investment vehicle Quob Park Estate.

The controversial figure said he thought that Daniel Stewart was “undervalued”, adding “there’s also some things I’d like to do in partnership with them to do with the other things I’m doing with Quob Park.
“Ultimately I will be interested in holding anything up to 29pc of [Daniel Stewart]. I won’t make a bid for it, that’s not my intent, but I could see myself building a holding of that type of size.

“We will open up [Quob Park] to retail investors to invest alongside us and for that we will need to work with an FCA regulated firm, and I hope that that firm will be Daniel Stewart.”

He claimed that Quob Park had as much as £50m in firepower behind it.
“Quob is re-name of a company that I’ve had for a whole number of years but it’s been restructured, new investment’s come in, myself and a number of other individuals have put in over five million and we’ve already raised money with a valuation of twenty-five million.

“It in itself is a fund of a value of about twenty-five million, and then it’s sitting alongside about another twenty-five million of investment capital from me. So it has available to it about fifty million of funding.”

On Friday, Quindell shareholders approved the £637m sale of the company’s legal business in a deal that will see £500m returned to investors. Mr Terry said that he and Quob held small stakes in Quindell.

After earlier mark down is now well up and some large trades appearing as buys volume of over 7m on 2 hours of trading, was slow at the start.

spread 1.30 v 1.35p +0.075p

the large trade delayed by 1 hour was a change of pattern this morning from being down to going up

BUY -09:31:47 800,000K @ 1.30p
spread at the time 1.25 v 1.30p

things has change since as now the spread is 1.40 v 1.45p

they must be a buy order as PEEL is alone at 1.40p on the bid and next is far away 1.25p

some have realised of that and selling getting 1.41p a few trades now

There was a large trade for 1.2M @ 1.44p, no wonder PEEL was bidding by them self well ahead of the others.

share price has come down ( PEEL has move lower on the bid side ) as sellers help them to fill their books,
I was expecting for this to be happen being so much difference in prices on them.
Naturally bidding for stock cos there was a large buyer and almost paying the full offer price 1.45p

Rob Terry got his 10% yet ?

RT increasing the stake into 9.06%, some warrants were exercise early on the week, so there is more shares to calculate from

Daniel Stewart Securities plc (the "Company") - 23 April 2015
Holding in Company

The Company has today received notification that, following the off-market acquisition on 22 April 2015 of 7,000,000 ordinary shares of 0.25p each in the Company ("Shares") and following the on- market acquisition of a further 4,000,000 shares today at an average price of 1.33p, Mr Rob Terry, directly, via his investment company (Quob Park Estate) and with family interests, now has an interest in 81,550,000 Shares, representing approximately 9.06% of the Company's current issued ordinary shares as enlarged by the recent issue of new ordinary shares announced on 16 April 2015.

16 April 2015
Conversion of Epsilon bond

Daniel Stewart Securities Plc (AIM: DAN), the investment bank providing corporate advisory, institutional stockbroking and wealth management services, notifies that, further to the Company's announcement of 29 January 2015, FCA controller status has been received by Epsilon Investments PTE Limited ("EIL"), and that EIL have exercised their right to convert the £775,000 non-redeemable callable bond.

Accordingly, 194,000,000 new ordinary shares of 0.25p each in the Company ("Shares") are being issued to EIL, following which EIL's interest shall comprise 264,500,000 Shares, representing approximately 29.4 per cent. of the Company's enlarged issued share capital.

Upon issue the new Shares will rank pari passu with the Company's existing ordinary shares. Application has been made for the admission to trading on AIM of the 194,000,000 new Shares ("Admission") and dealings are expected to commence on 21 April 2015.

Following Admission, the Company's issued share capital will comprise 899,902,579 ordinary shares.

a few delayed large trades has spoiled the earlier rise after the RNS
now offer drop to 1.25p, a good time to pick up some more
2 MM at bid 1.20p only 1 at offer

Share suspended since last Friday, Company said it expected to announced a new nomad this week

--------------------------
Will Quindell PLC Shareholders Benefit From Founder Rob Terry’s New Venture In Daniel Stewart Securities PLC? --- By G A Chester - Tuesday, 5 May, 2015

Quindell (LSE: QPP) founder Rob Terry, who quit the company last November, has recently come back on to the radar of the investing community. And it could be good news or bad news for Quindell shareholders.

You may recall that Terry’s departure followed a precipitous fall in Quindell’s share price, amidst claims that his empire of “disruptive technology” was built on over-priced acquisitions and dirty accounting. There were also claims of insider dealing: Terry had been a seller of Quindell shares at a time when the company’s joint broker had resigned but the market had not been informed. Subsequently, Terry further sold down his shareholding, with many assuming he ultimately sold completely.

However, he’s back with an investment vehicle called Quob Park Estate, which describes itself as a “core shareholder” of Quindell. Quob Park Estate has also built a 9% stake in AIM microcap Daniel Stewart, the original advisor and broker to Quindell when Terry floated it on the stock market.

Quob Park Estate says it is “working with and investing in companies that are focused on the benefits of Digital Disruption”, and that “whilst remaining private equity focused, in the future we will open our doors to retail investors”. Terry recently told the Telegraph: “for that we will need to work with an FCA [Financial Conduct Authority] regulated firm, and I hope that that firm will be Daniel Stewart.”

It has also been announced that Terry intends to seek FCA approval to increase his interest in Daniel Stewart to above 10%. In the interview with the Telegraph, he said: “I’m absolutely positive that FCA approval will come through in the normal timescales”. If it does, Terry will, effectively, be cleared of the allegations of serious wrongdoing at Quindell (beyond the aggressive accounting the company has already held its hands up to) and the shares could rise. Conversely, a rejection by the FCA could hit the shares, as it might — unless explicitly stated that the rejection was solely on the grounds of insider dealing — imply a possible further can of worms at Quindell.

Quindell is set to complete the £637m sale of its large Professional Services Division to Australian firm Slater & Gordon, and anticipates returning up to £500m to shareholders. The sale will leave Quindell with a core of telematics-related businesses and a small ragbag of other businesses... more

fools - Will Quindell PLC Shareholders Benefit From Founder Rob Terry’s New Venture In Daniel Stewart Securities PLC?

spread 0.95 - 1.10p

The RNS after hours last Friday was intended to do damage to R. Terry aspirations to get into more than 10% and the further £1M placing , but the marked down this morning is an opportunity to get into the stock as the sparks will fly with time.


Appointment of Nominated Adviser and Resumption of Trading on AIM

Daniel Stewart Securities plc (AIM: DAN), the investment bank providing corporate advisory, institutional stockbroking and wealth management services, is pleased to announce that Beaumont Cornish Limited ("BCL") has been appointed as the Company's Nominated Adviser with immediate effect. Accordingly, trading in the Company's Ordinary Shares on AIM is expected to recommence with effect from 7.30 a.m. on 11 May 2015.

Under the terms of BCL's appointment, the Company and BCL have agreed that BCL shall be entitled to resign as the Company's Nominated Adviser, at any time, should any party become a 10 per cent. Shareholder (or more) whether or not approved as a "Controller" by the FCA, without Beaumont's prior approval (to be given in Beaumont's absolute discretion).

As previously reported on 15 April 2015, trading conditions remain challenging and so the Company also announces that it feels it would be prudent to strengthen further its balance sheet and put in place additional funding either from existing or new investors or a combination of both in order to provide more certainty in what still remains an overall fragile capital market.

To this end the Company is therefore seeking to raise up to GBP1million and is in advanced discussions with its largest shareholder, Epsilon Investments PTE Limited, to lead the funding and expects to announce its conclusion shortly.

The Board continues to be encouraged by the level of new and existing businessopportunities; and new business wins have been sufficient to give the Company the confidence to add to the team with the appointment of three new members of the corporate broking team.

Finally, the Board is pleased to announce that it is in discussions with a number of proposed new non-executive directors with a view to strengthening the overall composition of the Board and expects to announce at least one additional appointment shortly. Appointment of Nominated Adviser and Resumption of Trading on AIM

Daniel Stewart Securities plc (AIM: DAN), the investment bank providing corporate advisory, institutional stockbroking and wealth management services, is pleased to announce that Beaumont Cornish Limited ("BCL") has been appointed as the Company's Nominated Adviser with immediate effect. Accordingly, trading in the Company's Ordinary Shares on AIM is expected to recommence with effect from 7.30 a.m. on 11 May 2015.

Under the terms of BCL's appointment, the Company and BCL have agreed that BCL shall be entitled to resign as the Company's Nominated Adviser, at any time, should any party become a 10 per cent. Shareholder (or more) whether or not approved as a "Controller" by the FCA, without Beaumont's prior approval (to be given in Beaumont's absolute discretion).

As previously reported on 15 April 2015, trading conditions remain challenging and so the Company also announces that it feels it would be prudent to strengthen further its balance sheet and put in place additional funding either from existing or new investors or a combination of both in order to provide more certainty in what still remains an overall fragile capital market.

To this end the Company is therefore seeking to raise up to GBP1million and is in advanced discussions with its largest shareholder, Epsilon Investments PTE Limited, to lead the funding and expects to announce its conclusion shortly.

The Board continues to be encouraged by the level of new and existing businessopportunities; and new business wins have been sufficient to give the Company the confidence to add to the team with the appointment of three new members of the corporate broking team.

Finally, the Board is pleased to announce that it is in discussions with a number of proposed new non-executive directors with a view to strengthening the overall composition of the Board and expects to announce at least one additional appointment shortly.

1.20p +0.30p

after the drop since Monday RNS of placing the shares went as low of 0.875p. but today were on the move up since earlier till reaching 1.30p not long ago. Some retracement since. volume of 12M+

Strong again today and reaching the high of the day after the profit taking earlier

..........Terry's mates and his dog have been buying according to his recent tweet

Large volume and rising for the last 3 days to new highs recently

a new high today after the recent pause for strength 2.90p

Time to TAKE STOCK IN again @ 1.80p

Keeps rising since yesterday. The news of Quindel gets good news for DAN as "the FCA has decided to discontinue its own investigation with immediate effect." R. Terry aspirations to get into more than 10%, must be now cleared.

after a small move up yesterday

further move up so today without much volume, that makes MMs short of stock the norm is to push prices up as soon as buys come to the ticker

done late last night ........

UPtrend for the stock
and downtrend for the Pizza man and associates

--

Did you see that delayed?
spread 1.90 / 2p at the time
only 750K at a premium over 2.0372p earlier

2.20p + 0.40 (+22.22%)

I did have a late lunch and what a surprise, not only going up but with volume after 2pm