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Rolecall would be over the moon with that. LSE seems to be on a casual slow down friday ...........Or is it just me!
No win no refund...Brilliant:) Double jeapordy for those poor souls who have signed up:(
Probably not meant, but one part of that analogy was spot on. QPP is now the Aston Martin of companies .
Tony odd numbers, another analogy........Seasick Steve played some great music with less strings on his guitar!
Oh I'd hope that the fees can be added to your Capital Losses for tax purposes,
TC, like the idea of swiminng in cash, fresh clean notes only please tho. Your right its the old BoD that will be under the spot light, or more of a very dim light with a rug and a sweeping brush involved somewhere! Market Cap after return is looking good and I don't think the new boss will be setting himself up for a fall!
Plus if you had an Aston and chopped the engine up you would be . . . .a prat!!! Or someone with far too much time on their hands Obvs
""If you had a 8 cylinder Aston Martin capable of 200mph you cannot chop off 7 cylinders and retune the remaining cylinder to achieve the same speed. That speed is unrecoverable."" The previous performance is not unrecoverable. You buy a new engine and then you fit it. Speed recovered. Further more, you have missed out the profit made by selling the seven cylinders to use a car that is possibly only driven in 30mph areas so is still a valuable asset fit for purpose. Your BT story is far more relevant, but still not a comparator for Quindell. Each companies story is different. It is not possible to predict the future of Quindell from Tesco, Rolls-Royce, etc.
50M reasons to be ore optimistic today ;) That's £50 MILLION reasons. Plus YLF much less credible now (not that they ever were) atb JS
Hang on SP is rising and Bondy has mossed it so on his behalf.. . . I FEAR the share price may fall back as it is going up BONDSTREET - Shouted obvs I am quite liking this "self trolling" I think I am doing a good job of it too. . . .ATB Investors HH
They probably use accrual accounting too I FEAR Good morning to Bondy BTW. Please know that you are loved (by me) so big hugs mate. You are never alone while you have me here to look after you XX Time to dump that fear. . . . . .Just saying. . . .
Can I pick up another point. You haven lost anything until you sell? There comes a point where a devaluation in mcap becomes unrecoverable within a realistic timescale. You can see that in Tesco. In QPP 90% of the company has been sold. If you had a 8 cylinder Aston Martin capable of 200mph you cannot chop off 7 cylinders and retune the remaining cylinder to achieve the same speed. That speed is unrecoverable. I had Bt shares worth £17.00. Then BT paid stupid sums for the 3G licences. The share price fell to under 50p It's been a long road back to £3. It is only a. Paper loss if the company have prospects that haven't changed. If the loss is down to a material change in the market or the companies assets or prospects it's a real loss. You are better to reavaluate your investment. Either buying more of the shares at a bargain price or picking your exit route.
unibond similar to "sticks like ****"?
Grumps, who could resist a deal like that : )) Wonder if its tax detuctable?
Anyone got an estimate of what the mkt cap will be after the cap return.,Because by my reckoning we will be swimming in cash ( 90mill cash, 55mil escrow plus the nihl, which by all accounts are going to be substantial. I know we have the sfo on our backs but seriously its the old bod they should be looking, got f all to do with the new.....and the heads we win tails you lose ylf, take a good look at the small print.
hmmm good idea lindoser. 40% of your claim paid up front then if they lose they could call it No Win No Refund
LOL............They could always ask their "clients" to cough up some dosh...............Saying its a clear cut case like
Except, of course, if they were niche experts in a particular sector such as complex financial transactions. Damn.....suppose that's yet another black mark against them.
It can't have anything to do with the fact that YLF and QPP were competitors in Liverpool whereas YLF has no interest in the banking sector
As S&G state the UK claims market is consolidating. . . . I wouldn't want to be in a small (cash strapped) claims outfit over the weekend No sirreee !!! ATB HH
Morning guys I see UniBond is still here, perhaps we will get his take on this (cant wait : )) Obviously nothing to do with QPP but when has that ever stopped him making connection's! Talking about claims, wonder why YLF did'nt go after HBOS??? http://www.bbc.co.uk/news/business-34858996
Interesting comments on the blueshare thread. Clearing out too...gives us some indications about things here ;-) No further comment lol
Guidance reaffirmed. £50M escrow safe(r) ;) SGH in bargain territory for those that are not fearful! JS
@Rocal "it's just all the not knowing giving us doubts." Who's "us"? You and bondstreet? You do seem to have rather a lot to say of late on a BB you're not interested in. Any particular reason?
Hi Rocal, The point I was making was... as far as I can see there is NO risk to us the shareholders if the court were to say, Quindell could not return the 90p as suggested by the directors. By not allowing the 90p then the value of the shares would NOT decrease as some were suggesting, so when consolidation takes place ( 10 shares becoming 1 ) instead of being worth £1 each, would become worth £10 each, also pointing out, we all have the right to sell as and when we see fit, so nothing to lose for us the shareholder ! With the 50 million offered and then rejected by Quindell which I had mentioned, was not about if it was a good idea or not, but the fact the offer was rejected without any counter offers being made had me asking myself, why ? and my conclusion was, maybe it was worth far in excess of what was being offered !, and the new directors could see a much brighter future in what the telematic side of the business could achieve, or was it, to have sold this as well, would have left the directors running a company then with little to no value !, only they know at present, however maybe after 18th December all will be revealed, so like you hope, we are not disappointed. Each of these directors are now new to the business, they have had enough time to see what's happened, and to have made adjustments and know they have to get the respect of its shareholders, so by the end of this year we should all be expecting to know all the unanswered questions that are now well overdue. I am fully aware also the court could change a number of things to their proposals but after 18th December whatever the courts judgement is, the directors will know, so then there is no excuses for further procrastination, despite all that has happened I still have faith all will come good in the end, and like all of you, it's just all the not knowing giving us doubts.