Quindell Share Discussion Threads

[sweet karolina] 21/3/2015 13:45

The potential buyer has made its position totally clear:



No offer has been put to Quindell and there is no certainty that an offer will be put to Quindell.

Harrington was clearly fed with false info from inside Quindell, because QPP were able to confirm the figure was one that had been discussed.

SGH have £130M for acquisitions this year and they are not about to destroy their own share price trying to raise money for a load of tarnished assets. They will wait until the PwC report comes out and then swoop. If the PwC report is not out before 31 Mar then SGH will either ask for the exclusivity period to be extended or will take the 20,000 NHIL case files they want and have already paid for and walk away.

Anybody who can't see the obvious truth in the above is deluding themselves - that will be all QPP BBMs then.

[hpcg] 21/3/2015 12:55

I hope they are wise enough to have sourced from the potential buyer and not the seller then.

[nicky name] 21/3/2015 12:44

exclusivity ends 31st March

Harrington is a hack, not an insider

some of what he says may be correct, some may be incorrect

BUT he is by no means the only journo to tell us about a bid

Henry Mance of the FT and the young chap at The Mail has also told us

[knigel] 21/3/2015 12:39

Unless there's another QPP related article in The Sunday Times tomorrow....

[sweet karolina] 21/3/2015 12:11

Squire could be entirely right. The PwC report could come out next week - the board have been doing everything they can to delay it and surely can't procrastinate all that much longer.

When the PwC report does come out shorters could all die through partying too hard with all the profits they bank when the scale of the fraud, the write downs and more importantly the cash black hole that needs to be filled is finally revealed.

[hpcg] 21/3/2015 12:09

Blimey he is a struggle to listen to. Off topic, but if you ever watch video of Richard Feynman you will see he more or less never errs or umms when talking about or being asked about the most complex concepts. It is quite a good indicator of the grasp a person has on their subject.

What are we to conclude from the definitive statement of a 23 March announcement?

1. Someone from S&G has told Harrington that they will make a bid or announcement then.
2. S&G has told QPP that they will make a bid or announcement on 23 March and that has been leaked to young Ben.

One would have thought in either case this would be confidential, if not market moving information. The date itself I mean; specification of the quanta did move the market.

Case 1 seems very unlikely. The S&G share price has not moved in the last month which either means they run watertight ship, or they don't and any inside information is considered neutral by those who would trade on it.

Case 2 seems more likely. My conclusion then is this that Ben knows nothing of interest since the only party which matters in the first instance is S&G.

Presumably we'll find out Sunday night. Exciting.

[squire007] 21/3/2015 11:21

The news will come next week ....... and probably not first thing Monday as we would all like .. Tick Tock.
Your dream week begins :-)

Shorters are all dead !

[sweet karolina] 21/3/2015 10:58

SGH have made it very clear 3 times now, no offer has been made and there is no guarantee one will be made.

SGH have £130m for acquisitions this year.

SGH are not stupid and are not going to splurge the equivalent of their own market cap buying stuff from QPP.

SGH will wait until the PwC report is out and will then swoop to pick up pieces that it wants for a song.

[knigel] 21/3/2015 10:23

Well there has to be a RNS at some point soon as either the deal is on or it is off...

[elcapital] 21/3/2015 10:07

goofy, just think about it, if you are capable. I know you are thick, so I will help you out

You are saying there is an offer, and harrington is saying that it has been done a week ago so not only do they wait a week to announce, but they also will not announce at 7am. You would have to be a complete idiot to believe any of that, but I know the bulls will believe it ........ amateur mug punters, who deserve their losses given the amount of warning they have had.

[geoffreen] 21/3/2015 09:59

On lse, Leonstrade, who produces useful insights, is forecasting an RNS on Monday re QLS, but not necessarily at 7am.

[stephan1946] 21/3/2015 09:54

EL Plonker, Why not just say, "well done", or is envy also part of your nasty side.

[stephan1946] 21/3/2015 09:42

Called into my bank, and checked my balance on friday, it was extremely healthy having been bolstered by weekly credits via my broker, courtesy of QPP.

I am now in the enviable position of owning 147,000 QPP shares at Nil cost.

All within 7 months trading.

Now this is a state of affairs that EL Plonker and the others from, winnie the pooh land know nothing about, they of course are either skint or damn near.

Thank you, QPP, may I take this opportunity to say to my fellow investors in QPP, always ignore the "experts" from winnie the pooh land, thay are that species known as, "losers"

[elcapital] 21/3/2015 09:39

Just listened to this from minute 5 from this idiot harrington

This was dated 16th March

Who on earth would believe that he had news a week ago that an offer would be made on a certain date in the future at a specific price. ? This just shows how ridiculous his "inside info" is.

What he is saying is that everything has been agreed but we will not tell the market for another week. Stupidity at its finest. Sure the bulls will believe it though.!

www.tiptv.co.uk/archives/mergers-and-acquisitions-16-03-15/

[elcapital] 21/3/2015 09:35

r_bedding 21 Mar'15 - 09:22 - 31502 of 31502 0 0 (Filtered)

[dalesiders] 21/3/2015 09:30

Nicky

Here is the link to Harrington's piece on T1ps TV. If you can bear to wade through the Errrs and Ummmms the relevant chunk is 5 minutes in.

hxxp://www.tiptv.co.uk/archives/mergers-and-acquisitions-16-03-15/

He specifically states that the £640m offer for QLS is expected to be announced on 23 March, whereupon the formal exclusivity period (31 March) will terminate.

[valdeziro] 21/3/2015 08:53

Early start for you ELC? Have you nothing else to do in your life than be on advfn all day and night?

Cost me a fortune you have.