Quindell Share Discussion Threads

[masurenguy] 17/3/2015 08:33

stephan1946 - 21032: As a Quindell holder, I do not care one tiny little atom how SGH fund a deal, none of my business, just pay me. Do I care how Greece get out of jail, NO. do I care why green sold BHS for a £1? NO. likewise SGH, I don't care.

So you're obviously happy to stay in Lala land with your close friends, Peter Rabbit and the Tooth Fairy

[eh9] 17/3/2015 08:29

They are sorting out a uk listing for s and g as this is what the instis have asked (shares in s and g) for so they can participate in the upside rather than receiving all cash

[stephan1946] 17/3/2015 08:28

As a Quindell holder, I do not care one tiny little atom how SGH fund a deal, none of my business, just pay me. Do I care how Greece get out of jail, NO. do I care why green sold BHS for a £1? NO. likewise SGH, I don't care.

[dasv] 17/3/2015 08:25

"Due diligence is ONGOING"

they haven't made a decision yet - or they haven't got confidence yet in the work in progress.

"No offer has yet been put to Quindell and there is no certainty that an offer will be put, or that a transaction will eventuate"

Doesn't sound like confirmation of an offer at all.

Sounds like SGH are distancing themselves as far as possible from QPP's RNS and the ST article.

[eh9] 17/3/2015 08:24

Dah I predict instis are asking for £640m in s and g shares listed on the main list in London so that Quindell shareholders can participate in the rerating from the enlarged s and g. Then up to £300m cash from s and g from hearing claims. Meanwhile quindell shares become pure telematics and software with pe over 20.£4 value here we come

[dasv] 17/3/2015 08:18

Don't tell me. They borrow £640m and pay the £40m interest out of all that lovely free cash flow that QLS is about to bring in.

But the loan would have to be repayed - that's just interest.

How can businesses which cost £50m to acquire suddenly generate FCF adequate to pay back £640m?

[dasv] 17/3/2015 08:17

I repeat the question because it hasn't been answered yet:-

Can you tell me how SGH can possibly fund an acquisition of QLS at £640m?

[tonybaloni] 17/3/2015 08:06

Last chances to close those shorts sub £1.20......

[masurenguy] 17/3/2015 08:03

"As long as the asset has value and the income from the asset can service the debt then no problemo"

In this scenario the asset must be valued north of £640m for starters or else there is a big "problemo" !

[tonybaloni] 17/3/2015 07:58

If you buy a new property you get a loan secured against the value of the asset.....

Same in business - new asset - more borrowing.

As long as the asset has value and the income from the asset can service the debt then no problemo...

[elcapital] 17/3/2015 07:58

stephan, you are a senile idiot. you should stick to playing dominoes and smoking woodbines, not long left now.

[dasv] 17/3/2015 07:55

"The sum of money mentioned is the very least shareholders will accept, if at all, personally, I would prefer to vote against initial offer"

You are holding out for more when SGH only has a debt facility of £130m?

Can you tell me how SGH can possibly fund an acquisition of QLS at £640m?

[stephan1946] 17/3/2015 07:49

EL Plonker is looking for an assistant in his new job as, Mr Tumble, dasv is a leading contender. qualifications needed? potential village idiot, sounds like Dasv to me.

[elcapital] 17/3/2015 07:47

senile old man

[stephan1946] 17/3/2015 07:46

News just in; EL Plonker has accepted job as Mr Tumbles replacement, well done EL Plonker, you were made for the job.

[stephan1946] 17/3/2015 07:43

The sum of money mentioned is the very least shareholders will accept, if at all, personally, I would prefer to vote against initial offer. Quindell is now, HIMEX, this is the future.

I am happy to stand behind current management who are better equipped to take QPP forward than the advisory committee at Mr Tumbles residence led by EL Plonker.

[tonybaloni] 17/3/2015 07:41

Sit down or you'll get dizzy, your spinning that much !!!

[dasv] 17/3/2015 07:40

"she always strong in the rumours mill business,maybe is doing rumours teach in these days."

yeah good idea. If they charge for admission, perhaps they can actually make some cash flow ;)

[dasv] 17/3/2015 07:36

JD

"How many times will they fall for the same thing?"

Until they run out of money. But don't worry, there's one born every minute.

[dasv] 17/3/2015 07:33

"No Offer has yet been put to Quindell"

read that again until it sinks in.

The ST article was highly misleading. There is no deal being finalised.

SGH haven't even worked out a price yet!

[stephan1946] 17/3/2015 07:22

el plonker, talking poo, poo/ AGAIN.

[stephan1946] 17/3/2015 06:04

just what language is that Mr J Ahmed, its colourful but daft.