Quindell Share Discussion Threads

[funkmasterp12] 16/3/2015 11:44

Key quote: "Quindell confirms that a number of deal structures have been discussed with SGH including one with an up front value of GBP640 million".

"Been discussed with" - not "proposed by".

[haywards26] 16/3/2015 11:43

Oh dear how silly does the blagger and his band of idiots look again! They are a desperate and stupid bunch. Let's all just laugh at them as the rush head long into the shorters fire lol

[havla555] 16/3/2015 11:43

Oh dear EL... OH DEAR ME!!!!

[dasv] 16/3/2015 11:40

QPP: One deal we would be happy with is if you give us £640m cash and pay us the NIHL accruals as and when they come in.

SGH exec: [Spits out Kangaroo burger/Victoria Bitter combo simultaneously. Before falling on the floor laughing uncontrollably.]

[dt1010] 16/3/2015 11:40

EL INCREASING HIS SHORT!!!!

HAHAHAHA, could have predicting that !!

as if

[investordave] 16/3/2015 11:38

Dalesiders - Another cynical idiot.

[elcapital] 16/3/2015 11:38

Increasing my short. Not much upside even if the deal happened, which i doubt. Theyre just buying time.

[dalesiders] 16/3/2015 11:37

"Quindell confirms that a number of deal structures have been discussed with SGH including one with an up front value of GBP640 million"

City sources have provided me with a transcript of the discussion.

Quindell:- We would like £640m for our legal services division.

S&G:- You're having a laugh, mate.

[r_bedding] 16/3/2015 11:35

EL you are not typing fast enough!!!!

[bad robot] 16/3/2015 11:29

back in

tight stop

[elcapital] 16/3/2015 11:28

Will be interesting to see how S&G react to this tonight. I think we know!!!

[elcapital] 16/3/2015 11:28

DT STFU, I am not, you will see!

[bad robot] 16/3/2015 11:27

I took profit just now in the spike

[dt1010] 16/3/2015 11:27

El, just hate to see someone make a fool of himself and his finances...when its clear you know inwardly what you need to do....BUY back your short.

[tonybaloni] 16/3/2015 11:26

Big spike on short squeeze to come I feel ... . . . . .

[bad robot] 16/3/2015 11:25

Looks like 155p bid

[tonybaloni] 16/3/2015 11:25

That's a bit of concrete for me EL...RNS

[bad robot] 16/3/2015 11:24

TIDMQPP

RNS Number : 5280H

Quindell PLC

16 March 2015

16 March 2015

Quindell Plc

("Quindell" or the "Company" or the "Group")

Press speculation

Quindell Plc (AIM: QPP.L) notes the Sunday Times article dated 15 March 2015 and confirms that it remains in discussion with Slater & Gordon Limited ("SGH") regarding the possible disposal of the professional services division ("PSD") of the Group. Quindell confirms that a number of deal structures have been discussed with SGH including one with an up front value of GBP640 million and a share of receipts from settlement of Noise Induced Hearing Loss cases. However, there can be no certainty that these discussions will lead to any offer, or the disposal of, the PSD. Further announcements will be made, as appropriate, in due course.

[foreverfalling] 16/3/2015 11:24

Time to close Your shorts.

[ozzmosiz] 16/3/2015 11:24

Quindell Plc (AIM: QPP.L) notes the Sunday Times article dated 15 March 2015 and confirms that it remains in discussion with Slater & Gordon Limited ("SGH") regarding the possible disposal of the professional services division ("PSD") of the Group. Quindell confirms that a number of deal structures have been discussed with SGH including one with an up front value of GBP640 million and a share of receipts from settlement of Noise Induced Hearing Loss cases. However, there can be no certainty that these discussions will lead to any offer, or the disposal of, the PSD. Further announcements will be made, as appropriate, in due course.