Arborman - A toon dweller here too.....Where thee from in tha toon?
Thanks Jester - I think we have all had enough for this week. Time to take a step back from it and wait out....
That is a cut & paste from the HL website - The board has gone unusually quiet
Track records are important; hence, investors may want to carefully consider the investment thesis behind Quindell. The firm specialises in handling motor and household claims for insurers and now works in some way, shape or form, with the majority of the top ten insurers. Judged solely on its numbers, the company is certainly impressive. On Monday it reported pre-tax profits for the year ended on December 31st of 107m pounds, for an increase of 202 per cent on the back of a 133 per cent surge in sales. The AIM-listed company now has a market capitalisation of over 2.25bn pounds after also acquiring more than 20 companies in the two and a half years since its debut on the market. However, chief Rob Terry has done this before. He transformed The Innovation Group into a business with revenues of £1bn a year. That venture ended in tears towards the end of the dot-com bubble despite its much vaunted revolutionary technology. Quindell has raised its guidance on new business to £2bn a year in three years' time. Despite the shares doubling in price since January they may still be worth a look if you believe Terry won't put in a repeat performance, The Times' Tempus wrote
The HL site has removed the option to see more trades......
Today's telegraph article, if the insurance companies take a hit, then surely the worth of QPP to them goes up, as the insurers now unable to use ad d ons seek to generate profit by reducing costs. Which is what I understand QPP does. [link]
Likewise - new to this here, so the explanation from Automated is appreciated. And this is all very addictive....
NOP only exist to draw buyers in, then make sure they lose money. What happened to Italy, French Guyana bla bla bla. Ive lost with NOP and so has a friend. Not for me anymore. gla