Quindell Share Discussion Threads

[valdeziro] 27/3/2015 10:24

I think its fair to say that ELC has more faces than the town hall clock.

0p by the end of 2014 and now its 132p- subtle difference even by ELC maths.

[elcapital] 27/3/2015 10:23

As I have said before, I believe S&G are playing QPP like a good un. I think they know they are stuck for money so are delaying things to squeeze the best price for how ever many files they want. I actually am starting to think they are buying files on a monthly basis, just enough to keep qpps head above the water. I do not believe there will be a massive offer.

[tonybaloni] 27/3/2015 10:23

I would be absolutely amazed if RT holds none of these shares... More likely he reinvested his sale proceeds via some back door vehicle / multiple funds etc. and is sitting on a tidy amount.

[tonybaloni] 27/3/2015 10:20

El cap,

Do you truly believe this exploration by S & G will only result in the purchase of a few case files.

If you are still short £110 k plus @ £1.20 as previously stated I would be extremely worried..

I am comfortable with my 70 odd thousands shares at 70 odd pence so I see my downside as very limited, plus I have raised my stoppies to mid 90's in case of a sharp retrace.

You can't be right all the time, every time...

[elcapital] 27/3/2015 10:17

tony, we dont know it was forced, how could it be? no one could force him. He went to 2.9%, but probably no longer holds

[dasv] 27/3/2015 10:17

"The first question on my checklist is simple: is the company in question cheap?

Quindell is currently trading at a forward P/E of 2.1, which is dirt cheap. However, I also like to consider a company’s value in relation to its tangible assets. And at present, Quindell is trading at a price to tangible book value of 1.3, which is slightly expensive for my liking."

Hmmm the 300m of accruals by h1 will be an "asset" used to calculate book balue. I think the price/tangible book value will plummet if accruals are correctly priced.

"The second question on my checklist relates to the company’s debt. I like companies with low levels of debt and solid cash cushions.

According to Quindell’s financial statements, the company has a low gross gearing ratio of 7.3% and a current ratio of 2.5. These figures show that Quindell has enough cash on hand to meet liabilities falling due within the next 12 months and debt only amounts to 7.3% of shareholder equity. On this basis, the company meets my gearing criteria. "

This calculation is marred by the fact we haven't had h2's or audited FY 2014 numbers.

I think to calculate gearing realistically now, a projection of cash burn from last disclosed cash balance should be used. Full year figs are out of date and QPP's got to find £10m in admin costs per month.

[elcapital] 27/3/2015 10:16

QS99 You are now saying that QPP is going to reverse into S&G? Idiot!

[tonybaloni] 27/3/2015 10:15

Do we know how many shares RT retained after his forced sell off ??

[qs99] 27/3/2015 10:14

not usually commenting here, but seeing people talk about S&G not being able to in their opinion afford QPP division due to their size is ridiculous....look at OPAY currently buying SKRILL? Anyone heard of a reverse takeover? if you have a good management team, good story, then city IMO will back you with a fund raise or debt if required...DYOR etc. but let's put at least that argument to bed perlease

[ajseabright] 27/3/2015 10:12

Fortunately I purchase more in December at 35p and now sitting in profit, I can't lie it feels good!

[tonybaloni] 27/3/2015 10:12

Charts only matter when they confirm the views of the person using them....

[ajseabright] 27/3/2015 10:10

Your right El it was. And only in nov/dec it was 28p. Today it's 133 not sure how high or low without news but sentiment is now positive and 140p today without news wouldn't be a surprise

[jazza] 27/3/2015 10:10

It seems some morons think the "chart doesn't matter". How stupid.


ELcapital 27 Mar'15 - 09:54 - 32222 of 32226

[tonybaloni] 27/3/2015 10:09

Exactly ! ! !

[dt1010] 27/3/2015 10:09

what's that putrid smell of burning???...hahaha, stay short EL !!!

nice trade that one lol....

loser is too good a word for you sonny jim.

[elcapital] 27/3/2015 10:07

ajsea, the price was once 652, and people were paying it!

[pointscorer] 27/3/2015 10:07

Oh dear, we're going up again. Just keeps getting stronger and stronger :-)

[12bnn] 27/3/2015 10:06

This share is doomed, wait until all the fraud is uncovered. Get out now and invest in LGO which will be a multibagger this year. It is my only share as I am that confident!!!

SELL and BUY LGO now :-)))

[ajseabright] 27/3/2015 10:06

Let's talk facts, share price is 133 and people are paying it! Could we see 140p today?

[juicin drumroll] 27/3/2015 10:01

Why wouldn't S&G pay about 50 times as much as they've ever spent before on an acquisition when the prize is as tempting as Quenron?

My 5-Point Value Checklist: Is Quindell PLC A Value Play?



On the last point he does the bull argument a huge favour by saying it's too early to tell if Quenron's management are trustworthy, completely ignoring the fact that the management up until recently were lying scallywags out to enrich themselves at the expense of investors.

Any bull who would like to repudiate Rupert Hargreave's points please note calling him a liar, a de-ramper, a troll, a a pawn in the pocket of the international coordinated shorting conspiracy, GCR, Tiger, Daniel Wu etc, etc won't cut it unless you can come up with some proof.

ATB.