Quindell Share Discussion Threads

[juicin drumroll] 14/3/2015 15:35

Sorry Steamy,

Forgot the glory hole was your special place.

HTH.

ATB.

[nicky name] 14/3/2015 13:10

paulypilot wrote " I'm just giving you the benefit of my 25 years experience in finance. I know you will deny everything, because you cannot think straight. You're driven by emotions about your attachment to this share. Same as Afren shareholders, and all the others.

People aren't interested in the truth. They will deny the truth, even when it is staring them in the face. That provides market inefficiencies, that the more rational amongst us can benefit from. But we all have the same foibles. So it's vital to fight against them.

Regards, Paul. "

you pompous twit Paul

only the bears can 'think straight' and behave 'rationally'?

LOLOLOL

keep talking your book

you have screwed up again mate

should have gone long

[elcapital] 14/3/2015 11:23

takes all sorts

[elcapital] 14/3/2015 10:45

In your dreams biatch

[elcapital] 14/3/2015 09:11

carla is living proof that someones life can be worthless!

[elcapital] 14/3/2015 09:10

hav, you should be asking steamy/nname for that

[juicin drumroll] 14/3/2015 08:56

PP's posts are a wake up call to the cult members.

The way he says it is?

It is.

Duh.

HTH.

HANW.

[dasv] 14/3/2015 08:17

Paul


You mention Mark Slater saying the business is based on a loophole.

I think he was referring to the high solicitor fees available for Road Traffic accidents.

These fees have now been capped.

This has squeezed margins on litigious cases.

Slater sold - presumably "the loophole" is closed?

One of your (valid) questions is " why has QPP failed, throughout its entire existence, to generate positive cashflow? Surely now the new Directors should just be sitting back & letting the cash roll in? So why is QPP still in this cashflow crisis?"

If there is value in QLS, and the accruals will eventually convert to cash, and QLS has run out of money, then why don't QLS factor the receivables or even the accruals? Presumably because those on the other side of the bet can't work out if the cash will be collected either. I think the time taken by SGH to work the files indicates that they are unsure too.

This makes taking any position on QPP a bit of a gamble - no market participant has adequate information to make an informed decision. This is largely QPP's fault in that they haven't exactly played with a straight bat with regard to RNS transparency, or indeed accounting.

I think the probabilities are in the short's favour and I remain short.

Even if QLS were sold (SGH don't have the money for anything other than a low-ball bid, and their share price indicates the ASX isn't pricing in a bid imo), what is the company left with after such a sale? Solutions, telematics and scaffolding etc.. What valuation should be put on that lot?

This question is largely academic imo, because it is more in SGH's interests to just pick at the carcass for the best bits of meat, not to fork out for a bunch of NIHL leads that nobody else wanted.

[elcapital] 14/3/2015 08:13

hav, you are an idiot. one thing that nname/steamy said is actually true.... the markets arent perfect, its because of the bull mug punters, who cant see past the end of their nose. They make trading opportunities, as wshak took advantage of by closing his short and then re-opening recently

point being you dont need to be bullish about a share to be long, or vice versa. More education, shame there is so much more required for you

[elcapital] 14/3/2015 08:08

of course gamblerdave, because he doesnt retain a view like yours. on that basis anyone that doesnt believe in santa claus is an imbecile! you muppet!

[investordave] 14/3/2015 07:49

Pauly is a complete imbecile.

[dasv] 14/3/2015 07:48

liar007

you said:-

"squire007 13 Mar'15 - 15:28 - 30593 of 30612 5 0

To all LONGS ......... next 7 days .... biggest days of your life... ENJOY ;-)"

This made me think of a part of Waseem Shakoor's article:-

"I question the need to place bullish stories in the media by sources close to the Company. If I ran the firm, and everything that had been written about it were untrue, I'd want short sellers to feel comfortable, possibly even add to their positions, then roast them when a surprise bid was launched. Revenge is a dish best served cold, surely? "

So why are you tipping bears to exit if you have inside information?

The only answer I can think of is that you must be lying as usual.

[hav555] 14/3/2015 07:25

Lol... Pauly states a couple of weeks ago in a tweet that he has taken a long position and now he states he has taken a small short position! What an absolute clown. Jog on Pauly! Your views are dog meat now. Looking forward to the next 3/4 weeks here in qpp!

[paulypilot] 14/3/2015 03:08

Nicky,

Investigating accountants are ALWAYS sent in by the banks. I've seen it first hand, from both sides - being a client that the bank INSISTS on us appointing investigating accountants that they have chosen. Also, I've worked on jobs where I was one of the investigating accountants.

I'm just giving you the benefit of my 25 years experience in finance. I know you will deny everything, because you cannot think straight. You're driven by emotions about your attachment to this share. Same as Afren shareholders, and all the others.

People aren't interested in the truth. They will deny the truth, even when it is staring them in the face. That provides market inefficiencies, that the more rational amongst us can benefit from. But we all have the same foibles. So it's vital to fight against them.

Regards, Paul.

[paulypilot] 14/3/2015 02:59

Nicky,

You post awful things here, as do the rest of the bulls. I've been ripped to shreds with hideous ad hominem attacks, whilst I've been proven completely correct about the dodgy nature of QPP, its founder, and its share price losing about 90% of its value last year. Most importantly, I've been proven correct about it running out of CASH. That's why they are in the current mess. Nothing to do with bears. It's all about a chronic inability to collect in cash from booked revenues.

There did look a likelihood that QPP would go bust last year. It hasn't so far, thanks to the bank being accomodative. So if the facts & probabilities change, then of course I change my mind! It would be ridiculous not to.

I've listened & talked to a couple of intelligent bulls (not on these bulletin boards, I might add), and they've got a point. So I've listened, and weigh up the probabilities.

As things stand now, I'd say QPP is probably over-valued, but we don't know how much. I very much doubt SGH will make a serious offer, in line with the nonsense that has been fed to Betaville. But that's my judgment call, and I've backed it up with a small short position from 98p.

Let's see what happens.

My apology to you for being rude stands anyway, even if you're not interested in accepting it. I did go over the top, and apologise again.

Regards, Paul.