Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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you really are a prize prick.
Correct. With a £1/ share also returned if held until the second payment late next year. Sufficient return on investment? Leaving out any other income or capital growth. Seems ok to me.
if shareholders receive 90p per share the company would expect the shares to revalue by 90p if on todays prices 98 ish would be 98 minus 90 = 8p x 10 shares now worth 80p can anyone comment
it will be deducted from the current market price if all agreed - shares to be suspended on 16 Dec 2015 before the court hearing.
Seriously? You need to seek help. I feel for you and your family. ...so sorry for your obsession.
"Quindell said it would expect the company's shares to devalue by 90 pence before its 1 for 10 consolidation goes ahead."
can anyone explain where they get 90 pence reduction from
PS the goat says Hi !!!
Agreed but I would rather rely on QSAG than the pants posted by some on here. As we all know you have to DYOR read widely digest it all and then pray for good luck. it is AIM after all GLA WTG. L holders
LONDON (Alliance News) - Quindell PLC Thursday said that its shares will be suspended from December 16 pending a court hearing about its planned return of capital to shareholders. At the company's annual general meeting Quindell shareholders approved a resolution to change the company's name to Watchstone Group PLC, as part of a move away from the company's troubled past. The company intends to return 90.00 pence per share, or GBP414.0 million in total, to its shareholders following the sale of its professional services division to Australian law firm Slater & Gordon. This return along with a capital reduction is subject to court approval, and should it go ahead then Quindell said it would expect the company's shares to devalue by 90 pence before its 1 for 10 consolidation goes ahead. The company said that, due to the gap between the record dates for the return of capital and the consolidation, and the likely "impact" of the outcome of the court hearing on the company's share price, there is a risk of "confusion in the market and volatility in the share price." As a result Quindell's shares will be suspended from GMT0730 Wednesday December 16 to the following Monday, December 21. If the court rejects Quindell's proposals, its will request for its shares to re-commence trading Thursday 17, and the consolidation will not take place.
The futures watchstone, is it just me or is that name a bit poo? Irrelevant anyhow. I wouldnt under estimate telematics rocal it's the future in many capacitys, whether or not watchstone figure in that is yet to be seen although the new bod do pack a punch with proven track records and the funds. HH I wouldn't rely on qsag to much they like I were wrong last time although granted they/ I can only evaluate based on figures provided. I bet the SGH bb is a good read
@Rocal: your wish will be granted very soon. Fully audited H1 accts must be provided as part of the CR court application. Big hug....
Hi Rocal My point is that all former Quibdell companies are RT acquisitions so by your definition it's all crap Well it's a bit of a sweeping statement and I'm sorry but your 62 shares or 6 in new money don't persuade me to take much notice of your view Whereas Grumpy and I do believe there is some value here and have dipped into our pockets accordingly. We will have to agree to disagree. Oh plus QSAG / Blueshareholders have done a ton of research which says you are probably wrong too. All of which makes me sleep well at night these days ATB HH
Caressing the goat was what made me join in the first place. That and the apron Obvs
Rocal: we all want info but.... Watchstone will release what is required, when it's required. No more. 'Invest or divest?' is part of what's been going on....you're in such a rush! ;-)
GS, well, I COULD be proven wrong but I'm definitely still a doubter about telematics, particularly in the US market. The board really ought to insist that the managers of both Himex and Ingenie pull out the stops and release the figures if they're going to keep the companies, otherwise, flog 'em and get some more money to re-invest.
@Rocal So many opinions on the company, and so few shares. :D Why don't you just sell them and be done with it? Do you have views about other companies that you have no investment in? If so why don't you post on their BBs? What's your obsession with QPP and what do you hope to achieve by posting here? If you've lost money, then buy some now if you think they're going up, or sell someone else's if you think they're going down. Sitting on your hands and doing nothing isn't going to help you recover any money, and neither is telling us what you think they should do.
@Rocal: based solely on the discussions at today's meeting, I believe your comments about the future for Ingenie and Himex are likely to be proven wrong ;-)
I suppose it IS what you guys would call a "trolling" post, because although I do have confidence in the current board I just cannot see why THEY see value in any RT acquisitions. None have proved to have any value so far. Well, except to SGH, and look where that little venture's landed them. Nope, I'll stick to what I said. Future for Quindell? Yes. Without Himex and Ingenie? Even better. Tell me this, HH. If you had not been through all that we've experienced during the last eighteen months and you were looking for somewhere to put, say, a lump sum, right? Would you even consider putting Ingenie or Himex on your shopping list, knowing their provenance? My question regarding Himex still stands: what do they do? If you check out their website it's just page after page of old waffle. You cannot find out anything at all financial about them: what they earned last year, even what they earned the year BEFORE last year. Obviously, if anyone can post that info up, I'll not slither away. That's not my style. I'll fess up straight away that I was wrong.
Thanks grumpy, I will do that.
http://www.legalcheek.com/2015/11/slater-gordons-stock-price-plummets-by-over-50/
Last day of this drivel. Tomorrow they'll just look blatantly pathetic ;-)
I don't believe that's correct : Quindell are just returning cash to your ISA, which was already in there as part of z previous allowance, so you could buy the shared. Best ask your ISA provider though...I'm just a thick Scouser ;-)
Whiplash or whipped...........................Make me chuckle Slater & Gordon Shares Slump 51% on U.K. Whiplash Proposals Bloomberg-12 hours ago Investor concern that it paid too much for Quindell Plc's personal services division also has weighed on the shares. Slater & Gordon announced ...
Quindell shareholders agree to name change The Insurance Insider (subscription)-47 minutes ago Outsourcing specialist Quindell will change its name to Watchstone Group from today (26 November) after its shareholders voted in favour of ...