Updates

Quindell Portfolio - Proves the doubters wrong

September 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 H1 results this month indicated that cash generation was materially ahead of expectations and this has been enough to deliver a re-rating to the shares, which are fast approaching the highs. Given the fast pace of acquisitions in the recent past, the interims have been reported by comparing performance to the preceding six months. Sales on this basis were up 33% to £163m, adjusted pretax profit 50% to £52.5m and eps 17% to 1.1p. Quindell generates the majority (c.80%) of its revenues from its integrated claims processing service where it handles legal, medical and hire & repair cases for non-fault claims. When a road accident occurs, the insurer of the at-fault driver is on the hook for repairs, car hire ...

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Kentz - Receices two bid approaches

The Growth Portfolio 2 - September 2013

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 (June 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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