Quindell Share Discussion Threads

[tobep8] 29/3/2015 11:35

We don't no they are arguing they will just be putting forward latest results, strategies and forecasts which based on events and the nature of the business will take time and deliberation

[elcapital] 29/3/2015 11:32

tobep

If that was all that PWC were asking for, it would have been agreed already and they would not be arguing about it!

[tobep8] 29/3/2015 11:31

Ingenie needs development just as the market for insurance and safety technology is taking off. The industry will get several big player tech firms making a global impact justifying 20 to 30 p.e ratios for them as it's only a matter of time that we are in a world that resembles demolition man

[tobep8] 29/3/2015 11:27

So say they write down profit by 50% and profit for 2014 was approx 40 million then based on previous share price and competitors the currect p/e ratio amd market cap is still very low so even in the worst case scenario the share price has already taken into consideration the potential write downs

[millse] 29/3/2015 11:19

He just can't help himself, brilliant :)

[aja5] 29/3/2015 11:19

The Church of England did very well with wonga loan company investments!

[elcapital] 29/3/2015 11:18

Another one!!!

millse 29 Mar'15 - 11:16 - 9328 of 9328 0 0 (Filtered)

[philfromfrance] 29/3/2015 11:02

I expect that the PE at quinipoos will turn out to be Phantom Earnings, so talk about PE ratios are rather premature!!!!!!!!!
Investing in anything to do with the dodgy industry of no win, no fee lawyers is akin to investing in wonga loan Companies & the investors deserve what the get!!!!!!!!!!!

[ant15] 29/3/2015 10:53

KNIGEL I come out of BIOTECH and TECH and telematics was a favourite...the remaining portion has a chance to really be a truly global success and with all the cash it will ever need to achieve even its wildest dreams ( that are firmly rooted in getting this back to a 2 billion market cap at present). Some 12 months ago I invested quite heavily in Helphire now Redde ( they are a success story ) I suggested at the time that there were opportunities for merger or at least merging parts of the business. Holding on to both will prove quite successful. The "Accident" side of the business is easily replicated and the software reverse engineered. This is an excellent move There are numerous telematics and logistic company acquisition opportunities out there to make this a global phenomena.

[aja5] 29/3/2015 10:48

Whites123....I will put a few quid in!!!

[elcapital] 29/3/2015 10:47

.......Harrington doesnt live next to qpp (I assume) yet he claims to know everything!

[andy] 29/3/2015 10:39

lucy 29 Mar'15 - 09:48 - 9321 of 9323 1 0

So if I live next to QPP offices, I immediately have the full picture of what QPP are up to?

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Not the full picture, but you have the opportunity to talk to employees, and have a better assessment of the current situation!

[daybreakers] 29/3/2015 10:34

What I want to know is where is the press release prior to a stupid acquisition that was supposed to be announced this evening according to some 'insiders'.

[lucy] 29/3/2015 09:48

What a daft post Daybreakers. So if I live next to QPP offices, I immediately have the full picture of what QPP are up to?
Can't see your logic in that at all. And if the poster works for QPP, he will be no wiser either, unless he is a member of the BOD.

[ettienne1951] 29/3/2015 09:41

ant 32499

"Perhaps a few thoughts for RT would not go amiss....he built some excellent foundations quite clearly, least we forget it!!"

A couple of thoughts about RT stick in my mind:
Why did he sell out (at least 70% of his holding) for less than half the current share price when a couple of years ago,(the tail-end of 2012 from memory) BEFORE all the major M&A activity and organic growth, he publicly tweeted just after a couple of Director Share Buy RNSs, that the then share price (12p-14p) equivalent to £1.80 - £2,10 now, was good value and that members of his team were buying?

Why the obsession with the share price in Q4/14 and convoluted manner of dealing with it, which ultimately led to his departure a short while later? When the share price came under a shorting attack immediately following the release of the 2012 published accounts in the summer 2013 and the disclosure of the derivative issue, he said later, when the share price recovered, that management simply got on quietly with the job. Why didn't he simply say that again; that they would adopt the same strategy and let the numbers do the talking? He used audio Q&A's on two occasions previously and he could have got that message out through the media as he had done in the past. The BoD knew the immediate effect his departure would have on the share price - so I have to ask whether that was good judgement; a form of capitulation from the viewpoint of vendors of businesses acquired but still locked in.

Finally, I saw a Vimeo video Q&A on the Innovation Group's (TIG) website (early last year from memory) with the present Group CEO Andy Roberts the quest. Early into the Q&A he was asked what TIG did and how it came into being. I remember AR replying that it was started by someone called Robert Terry ten or more years earlier and they bought a lot of companies in a short space of time. When asked about how businesses had performed he said some were very good, others not so and that they had just divested of one of the last that were, presumably non-core (more than ten years on). Hopefully the (dissolved?) Strategy Committee which considered the QPP acquisitions, will have learnt lessons from the TIG experience.

The BoD's comments about any recommendations following the long awaited PwC accounting policies review and how it has informed their current strategy will make interesting reading as will everyone's own opinions on it. Hopefully an update on Q4/14 and Q1/15 cashflow (BEFORE INITIATIVES) and further guidance, particularly the state of the current divestment strategy, will be published shortly and matters can be put to rest.

[daybreakers] 29/3/2015 09:23

Whites , you're an idiot for what you're doing. Why don't you spend your time preserving your capital rather than waste your time trying to bring someone down who can't be brought down.

Trust me you will need capital preservation. Even roger on lse who lives near Qpp HQ is having doubts and he's heavily invested.

Don't say you lot haven't been warned numerous times before this comes tumbling down.

[elcapital] 29/3/2015 09:03

I think you will be rattled. What you are doing is illegal, and I have no doubt that you will be reported.

[knigel] 29/3/2015 09:01

BTW I am not a bear and still see some upside but talk of a PE of 5 or less will have to be reviewed if the business ends up much smaller - I suppose it depends on whether the company has disposal cash to either distribute to shareholders or to make selective acquisitions... it will be good to finally get some news (S&G - PwC) this week (I presume) to perhaps clarify whether the bulls or bears have been right all along gla