Having been involved in IT/System project outsourcing the interesting information we need (as somebody pointed out earlier) is what the revenue/account growth of these contracts are and this financial information projected forward. Information is also needed regarding contract term as with many of the larger institutions incremental growth will add some real value. It is very easy for a £3.5m contract to double/treble in size with much greater margins. The above i.e. contract value and longevity is what gives the real value to QPP. I'm sure most of us PI have this "back brain" but the MM etc have this consideration in flashing lights "front brain" and will snap up shares on the cheap until all the above is laid out to us all.
A significant number of people bemoaning the announcement of a new contract! Deramping shorters one and all. This is new business, with some mileage to it & is a timely vote of confidence in QPP. What can be nagative about this? Seriously, what do the beraters think companies are in business for, contracts, profit, upside for all stakeholders...
RNS news of contracts
Qpp are winning contract after contract in a industry worth billions. Another major is not a tiny contract. expect more contract wins over the next few weeks. Qpp are going to be huge in the insurance industry over the next couple of years things don't happen over night but when this share moves it will fly you could miss out if watching on the sidelines. Gla
IG Index stats
94% of IG clients with open positions in this market expect the price to rise 6% of IG clients with open positions in this market expect the price to fall 51 – 250 IG clients have open positions in this market 94%LONG Trading Activity Last Hour 75% Buys Today 69% Buys This Week 50% Buys This Month 56% Buys Looking steady but the number of people shorting has double this week to last...
Yes, and that has been going on for months. To place shares for sale at a lower price than can easily be achieved is a mystery to me. Maybe the powers that be don't want to let the share price run away with itself until the picture looks a lot clearer, which will be the next set of results I would imagine. DYOR, AMHO ETC
RE: never satisfied....
Agreed...... And i think the fact some people say it's a small contract isn't quite correct, beacuse the 3.5m is just the initial payment. The big thing for me is it demonstrates yet more ORGANIC growth, where a lot of people over the last couple of weeks have said all the growth is via acquisition. With more contract wins in the pipeline shortly the FY13 EPS of 3p must surely be exceeded making the current valuation even more ridiculous.
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