Updates

Quindell Portfolio

June 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Quindell's results for 2012 came in ahead of expected with sales of Â£171.9m and an adjusted pretax profit of Â£49.2m but with Quindell having done deals left, right and centre comparisons with the prior year are fairly meaningless. Adjusted eps was 1.4p.However, the results were overshadowed after the notes in the results revealed a â€œcash loss on a derivative instrumentâ€ relating to the acquisition in December of Accident Advice Helpline. At the time, Quindell had given the misleading impression that it had funded the acquisition via a straightforward placing at 17.5p to raise Â£17m but it now seems it has used an â€œequity line of creditâ€ where the shares placed with the counterparty are being sold in the market over t ...

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Digital Globe Services - Internet marketing business growing like topsy

Entertainment One - Likely FTSE-250 inclusion in August

Quindell - Hit by bear raid (May 2014)

Quindell - Gain to date: 344% (March 2014)

Quindell Portfolio - Moving to Full List in March (December 2013)

Quindell Portfolio (November 2013)

Quindell Portfolio (October 2013)

Quindell Portfolio - Proves the doubters wrong (September 2013)

Quindell - Break through agreement with RAC (May 2013)

Quindell Portfolio (February 2013)

Quindell Portfolio - Another eps enhancing acquisition but.... (January 2013)

Quindell Portfolio - Mercurial share price rise continues (December 2012)

Quindell Portfolio - Blow out year ahead (November 2012)

Quindell Portfolio (October 2012)

Quindell Portfolio (July 2012)

Quindell - Â£120m contract win and broker sets 24p share price target (June 2012)

Quindell - Buys a whiplash rehabilitation specialist on c.5x profit (May 2012)

Quindell - Expects "significant contract wins" (April 2012)

Quindell - Â£30m placing to accelerate growth (March 2012)

Quindell Portfolio - Five earnings upgrades (February 2012)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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