Quindell Share Discussion Threads

[elcapital] 27/3/2015 11:38

nname/steamy......what prices did you buy at???

answer one question atleast

[nicky name] 27/3/2015 11:36

Is Quindell going to 0p fefore the end of the year? - QPP
paulypilot - 14 Mar 2015 - 00:36:08 - 20935 of 21254
I've also opened a (small) short on Quindell today. As usual WShak thinks these things through very carefully, and has a track record of being usually right.

For me, these are the key points;

- Rob Terry dumped his stock at whatever he could get (far below the current price). What does that tell you, given that he knows the QPP group better than anyone else?

- PWC report has been delayed, and in these situations, in my experience, delay nearly always means bad news.

- Industrial deafness debtors are going to be so difficult to value, that in view of their professional indemnity insurance, PWC are likely to want a hefty write-off from the balance sheet.

- that calls into question what the sustainable level of profits that QPP can generate actually are?

- SGH have been sniffing around for ages, but (a) don't have funding to launch a massive takeover bid, and (b) have twice poured cold water on QPP's rampy announcements about the takeover talks. So my guess is they are picking off bits from the carcass at low prices. I don't think there will be a major bid from SGH.

- 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?

- above all, this whole Quindell project was massively over-promoted by RT. He's a thinly disguised conman, in my view - evidenced by the numerous questionable deals, and above all the completely false EFH announcements re his personal shareholding. That said, he's gone now, so the real question is what's left behind?

- spivvy options deal by new Non-Execs stank to high heaven in my view. Are they actually Directors yet? They seemed to be "designate" recently.

- I've spoken to bulls and bears, and there are smart people on both sides. I like to keep an open mind, and particularly talk to people with the opposite view to myself, as you learn more that way. So the smart bulls I talk to on this stock believe it could recover to say 200p. However, I think there could be plenty of bad news before then. So risk/reward now looks to me that it's maybe better to be short than long. However, I don't have a particularly high conviction on this trade, so am keeping it small.


I've always said that there was SOME value in QPP, we just don't know how much! So let's wait and see.

Regards, Paul.

yes let's wait and see Paul

what price did you sell at?

[dasv] 27/3/2015 11:34

The thing is not one bull every backs up an attack.

If you guys are so right, what's the problem?

[jazza] 27/3/2015 11:32

Given that the current chart breakout doesn't matter, let's consider a riddle to fill the hours..

If someone suggests 6 x 19 = 122 is it the case that:

a) They are lying?

b) They might not be lying - it's an edge-case 'cos they might, in fact, be stupid?

[pointscorer] 27/3/2015 11:30

Tick tock. Time running out :-)

[tonybaloni] 27/3/2015 11:30

Yes NN, he's asked 1.7 million times and you haven't replied once,

I get the feeling your not going to reply....

LOL

Roll on RNS and all the joys and delights that will bring - if you're long that is .. . . . . . . . . . . . . . . .

[dasv] 27/3/2015 11:22

slight bias there NN

BTW - got any factual inaccruacies in Gotham for me yet?

[nicky name] 27/3/2015 11:19

anybody else noticed how all the QPP smears in the press disappeared about a month ago (or more)?

there are going to be quite a few embarassed young journalists soon, who got this very wrong and followed the herd, rather than put their heads above the parapet, and admit that they got it wrong.

Ben Harrington (ST), Henry Mance (FT) and Peter Campbell (The Mail) have all had the balls to go against the crowd, and tell us about the Slater bid. The other cowards, have just crawled back under their keyboards.

As for Alphaville and Dan McCrum, he should be thoroughly ashamed if QPP comes good. He played a major part in this coordinated shorting attack (imo) although it may have been unwittingly (due to lack of wit). Paul Murphy should have known better than to encourage him.

[onething] 27/3/2015 11:15

Fair comment Lucy.

[eh9] 27/3/2015 11:12

Any bad news would have been announced by now as a regulatory requirement. Rose and sutcliff are setting up QPP shareholders to get shares in merged QPP-sgh and QPP software and telematics. IMO they are negotiating listing docs for the merged legal business hence the extension to 31/3

[ajseabright] 27/3/2015 11:12

Continuous buys of 8000 is the signal! All aboard!

[lucy] 27/3/2015 11:07

The steady climb of the share yesterday and the steady rise this morning without any news is a clear signal some in the market have an insight into what is happening.
It is not just the sale of a few files and it is clear from all the comments from both sides and people supposedly in the know on the quality bulletin boards that it is in the region of £640 or £650m + earnout of another couple of hundred million.
The sale this division will take QPP out of a slow growth sector which would take years to generate the amount of cash on offer.
The BOD are also selling off the untidy parts of the business and we will be left with a clean B/ Sheet, cash and Telematics.
Unlike El Cap, I am firmly of the opinion that this is the true jewel in the crown and the potential for taking this forward as a market leader will reap huge rewards for the shareholders. We are on the cusp of something very big and exciting. If the BOD put this strategy forward as a key driver going forward, I am in for the long term as this share will explode. If not, I will take my profit and capital off theb table and invest elsewhere.
I have no real interest in a fast maturing industry sector which Slater and Gordon operate in.
One way or another there is going to be a significant announcement today, tonight or on Monday- it could be a life changer and I wish all the decent people on this board the very best of luck.
To the vermin, I hope you get well and truly rogered!!!

[onething] 27/3/2015 11:04

hpcg - 27 Mar 2015 - 10:47 - 32256 of 32258 - 0chrisgail - QPP is a SETS stock, it is all matched trading, no market makers.Actually a SETS/mm stock. Have you not looked at L2?

[dasv] 27/3/2015 10:59

"
TONYBALONI
27 Mar'15 - 10:23 - 32246 of 32257 0 0


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."

Yeah plenty of evidence for that. Totally makes sense on the basis of what we know.

[tonybaloni] 27/3/2015 10:48

32446 / 32246 MORON

[hpcg] 27/3/2015 10:47

chrisgail - QPP is a SETS stock, it is all matched trading, no market makers.

[tonybaloni] 27/3/2015 10:47

Anyway, Can i borrow your time travel machine to view the post you have mentioned ? Its not been written yet. Perhaps you should put yourself down on the list as well...

[tonybaloni] 27/3/2015 10:44

Juicin, Is there a cash prize ???

[jazza] 27/3/2015 10:34

Hi Juicin Extrader Tom,

How did the olive harvest go?

ATB

[elcapital] 27/3/2015 10:26

val WTF are you talking about. I have never said 0p by the end of the year. Idiot

[juicin drumroll] 27/3/2015 10:26

32446 ^^^^
Thanks Baloni.

Entered -

[chrisgail] 27/3/2015 10:25

It seems to me that 'those who know' are comfortable with QPP and all that is going on. If the aduit was negative, all of those involved would know, if the takeover was a sham, those involved would know. The MM seem happy to be nett buyers of QPP stock day after day, they are rarely wrong. The chart says this company has settled down and is growing. The credit rating agencies are more relaxed about QPP than ever before. They remain a hold, even if they may give a rough ride.