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Quindell - Break through agreement with RAC

May 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.

  • Epic Code:
  • QPP
  • Price:
  • 13.6p
It is not any single division at QPP but the totality of its operation, which makes QPP a great business. We tipped the shares at 7.6p in Feb’12 and although suggested top slicing once they doubled, we think the remainder should be held as the story becomes more compelling. This month the company announced a groundbreaking deal with the RAC and also continued its incredibly relentless acquisition spree.QPP has agreed a five-year contract with the RAC. RAC's seven million members account for around 10 per cent of the UK motor market and QPP will  now provide an end-to-end service for all their personal injury claims, including medical rehab, credit hire and repair  - in other words, the contract has the potential to ...

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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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