Monthly Archives: May 2013

QPP – loan clarification – it looks bad!

ShareProphets released an article today, which goes some way to explaining the unusual £17m loan. It basically seems to work like this: QPP needed working capital to the tune of £17m. It entered into an agreement with “Yorkville”. In return … Continue reading

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gizzard squeezing

GAH up 8.4%, continuing its recent convincing breakout. LAM up 0.3% after a convincing breakout yesterday. OCDO down 6.5% today, giving the shorters a little reprieve. The shares are up nearly 40% over 1 month, demonstrating the dangers of shorting … Continue reading

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QPP – strong rebound today

QPP closed at 7.26p, up 21.0% from the opening. At 7am, it issued an RNS “Further Clarification Regarding Press Speculation”, in which is responded to issues surrounding the equity swap and the Group’s debtors. It also suggests that preparations for … Continue reading

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gizzard squeezing

GAH 53.5p +5.2% : resistance at 53p broken on high volume – breakout confirmed. PE 9.5. Confirmed first product launch in Italy on 9 May. Bullish GBO 45.5p +5.2% : new high 4rp resistance broken, volume looks a little iffy, … Continue reading

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TNO – RSM Tenon – doesn’t add up

A poster on ADFVN to the QPP (Quindell) board noted that it was audited by RSM Tenon. An article on 23-Aug-2012 commented on TNO’s travails (emphasis added): Other elements of the loss related to a settlement the firm reached with … Continue reading

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QPP – derivative instruments

I’ve been reading that, apparently, The Times has reported that “Nearly £13.3 million of “derivative financial instruments” listed in the accounts turns out to be a wager made by Quindell through contracts for difference, on its share price rising”. Aye … Continue reading

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RGS Regenersis

RGS (Regenersis) goes ex-div today at 0.67p. Market appears to be playing silly-beggars with the shares, as it was down about 1% in early trading, and is now up 1.1%. I’ve seen mention that RGS buying an STB (Set-top Box) … Continue reading

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Gambling

BET (Betfair) issues a trading update for FY13 (y/e 30-Apr-2013): “Momentum building from early success” Cash balances are up, cost savings increased, new management team, wide ranging restructuring has been completed ahead of schedule, significant international opportunity. The market liked … Continue reading

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QPP – big drop today

QPP (Quindell) took a big dip of 11.7% today, putting the share price at 10.6p. It will shortly test a 10p support level. If it fails, then the downtrend that started at the beginning of the year seems likely to … Continue reading

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QPP – whois 360globalnet.com?

I’m sniffing around QPP again. I saw a post on 4-traders regarding a company called 360globalnet: Quindell Property Services is a newly formed group bringing together a number of businesses owned by the vendors, related to the supply of outsourced … Continue reading

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