Quindell Share Discussion Threads

[knigel] 29/3/2015 08:57

ant15 - now it appears a fair portion of the business may be sold off? So the foundations could be dismantling and few bulls will acknowledge this point.. are you really happy that the prize asset may be sold this week?

[tobep8] 29/3/2015 08:53

Morning Well said ant15 there's too much in pipeline it's just a matter of time before the share price goes back to similar levels it reached 1 year go.Il raise a whiskey to that :)

[elcapital] 29/3/2015 08:25

Wow....drunk before breakfast!

[ant15] 29/3/2015 07:56

dasv It really doesn't matter at this stage the business and £900m with such huge potential globally has got to be worth £2 billion. We should see some very serious rerating of the share price Monday/Tuesday as news unfolds. Don't forget we can expect Contract News over £100m / Results and Sale without any an update for future business opportunities. Strangely we have had to wait almost exactly a year from seeing fortunes wiped out to them being replaced. Perhaps a few thoughts for RT would not go amiss....he built some excellent foundations quite clearly, least we forget it!!

[dasv] 28/3/2015 22:37

erm.. the e includes £308m of accruals just by H1.

I think it will come down just a tad.

--

tobep8. remind us: what was himex and ingenie's revenue in h1 2014?

[kidknocked] 28/3/2015 22:31

Netflix. That's because 'e' of their 'pe' ratio is a bit of a whopper and pwc will adjust accordingly.

[netflix2015] 28/3/2015 20:39

Well the last SGH acquisition of Fenton's LLP that is being referred also had the share halted before Monday's trading and then released the announcement of the deal on Wednesday, so it could be rather similar here??

[lucy] 28/3/2015 20:34

Karolina- You are no doubt correct .
Nothing to stop that chain of events getting triggered very soon though.
We will see.
Good night.

[netflix2015] 28/3/2015 20:16

People are forgetting the current P/E ratio is still below 5!

[tobep8] 28/3/2015 20:08

250 is based on a deal or partnership with s&g or other business500 is based on global telematics growth which is starting to heat up

[dasv] 28/3/2015 19:54

tobep8

"I predict share price of 250 within 6 months and 500 within 18 months and these are conservative estimates"

superb.

How did you work out those numbers? What revenue/profit, cash flow are you expecting for each of these targets?

Current market cap is £584m

250p would be for a market cap of £1058m

500p would be a market cap of £2.1bn

[tobep8] 28/3/2015 19:39

Basically the new BOD are very respected and would not make the same mistakes. They are drawing a line under the issues so they can grow to levels thst will most likely be higher and more sustainable than ever before. I predict share price of 250 within 6 months and 500 within 18 months and these are conservative estimates

[lucy] 28/3/2015 19:26

Andy- my point is that S and G will have sounded out the main II investors and had the nod that they are on board. They will presumambly also have an underwriter on board as well. When the deal is announced,they will they go forward with a formal rights issue, knowing it is all in the bag anyway.

[tobep8] 28/3/2015 19:10

Due to the nature of claims and there variable duration and payout it must be challenging to put exact figures down but with old claims now starting to realise and with hearing loss cases increasing value there potential that the cash flow and forecast is better than everClearly qpp has grown too quickly and cash flow has not previously been managed strategically but that doesn't change how profitable the services are that qpp offer areEven in the worst case scenario there was write downs and cash flow forecast problems the business would get new investors due to the realisation of this as legal services is extremely profitable. The nature of investing and loaning money is for long term gains

[daybreakers] 28/3/2015 19:04

Has anyone even checked the previous SGH acquisitions
Because last one in August was for au$45m. Why would they spend the spouted ridiculously silly figure of 640m£. If they decide on a deal it will be no more than£50m.

[andy] 28/3/2015 18:35

Lucy,

Aren't ALL investors informed of a rights issue?

[bwakem] 28/3/2015 18:34

If there was ANY good news at all in the PWC report Quindell would have released the good bits by RNS or to the various QPP blogs. The fact that nothing has been released apart from the fact that they are arguing over revenue recognition means there cannot be ANY part of it that is good for Quindell or its shareholders.