There's absolutely no argument at all, even by the RT haters that he was the ' chief architect' around the Telematics -Aviva Canadian deal while head at Quindell. Theres a kind of poetic irony, that despite RT's alleged ' falling on ones sword' followed by some lame claims by the disgruntled of bussiness subdefuge, the very existence and future prospects of QPP investors of which I am one, depends heavily on his innovative initial contract deal with one of the top three insurance companies. He would obviously have retained seriously impressive contacts in all aspects of the ' driver safety and logistics industries' but I'm not sure if his plan is to in effect, go head to head with the proposed Qtech company or play a significant part in its actual development. Nothing can be ruled out of course ...... this is AIM, but we can't rule out perhaps a third attempt at a bespoke logistics concept. The Avia deal that he sealed gave QPP technically access to a 3m Telematics client base. Still some people suggest he has no business acumen ........ really!!!!!!!!! Remember, the company he headed that was supposedly was worth 0 and just had vertual / cyber revenue is about to be sold for 647m. You know what, for now I'm happy to follow the MAn instead of the ball :-)
Do you think RT will be looking to do something with Telematics? He still has a holding of QPP, i'm not sure what that percentage is as no doubt via family interests etc. I do think thats a great spot to be in, got huge potential. All you need is state legislation to dictate policy and every car in Canada/ US will have one. I'm sure there were recent contracts completed via Ingenie in Canada.
Ive seen chat on here about the RTO, which was a way in which RT moved into quindell? what is the advantage of performing such an action. It is not something I know much of and how it is executed on an exchange like this. Soemtimes investing on AiM it can feel like the 'Wild West'.
Buyondips, large chunk down there as well but feel confident I can neutralise thoes losses here with a few calculated trades. RT appears to be playing his cards close to his chest but exuding a quiet confidence which I like. The odd quip like " I could raise x amount amoung friends in a few days" and ' not duels concerned about the DAN suspension" is great theatre but somewhat ****ed of the ' Dark City forces' that loomed over his previous company. This time I believe having been through the ' baptism of Fire twice' .... like Frank Sinatra ....he'll do it his way. Got a strong feeling his forecast 4.5p target could be reached sooner than we think. Very exciting times to be in this stock. If the stock drops in price on re-entry to the market I'll be scooping..... If it accelerates I'll be deliberating.
Hi FXW/BH your posts mirror my approach to this share. I was originally 'burnt' with QPP ( I will never forget the day 'Gotham' produced that ****e report) but have held on and still feel there is considerable mileage in the 'tech' side of the business. I fully expect a nomad to be announced sometime soon and I'm sure DAN will spike when the suspension is listed, but I'm more excited as to where we fit into the future RT jigsaw. Hopefully he will expand on these details soon ....
Thanks FX, it's good to be back. Unfortunately I found myself paying a horrible amount to bring my £6+ initial average at QPP down to an expensive 1.88. The emergence of DAN has already returned some profits, hence my upping the stakes somewhat with a similar ' smash and grab' ideology. This type of method can easily backfire, but I think short term I'll stick to the non greedy approach and try and lock in profits based on achievable targets. Of course, you sell on a high and the share surges an additional third or even more ........ It happens, but a profit is a profit. I too have utilised the tax benefits via the SIPPs and ISA's and fortunately the SIPP contributions are only a few percent down in the grand scheme of things. Bought in substantially in UKOG but @ 2.94 so down there at the moment, but not unduly worried. If they are close to early expectations there'll fly, but if not :-( .. Hopeful .... Typical press hysteria. I feel there a fascinating story to unfold here. There are many ' could have ....would have ...should have investors. If my investments come off great.... but if not, wipe your mouth and try to learn something from the experiences.
Great post buddy, I've learnt a lot just from reading the boards, my initial introduction was QPP, I had a segment of my SIPP portfolio that had free capital and thought what hell, rolled the dice at 52p, sold half position on the S+G deal. I've added MONI and OPAY to the satellite positions as learnt from the boards.
To DAN like you mentioned it's a very different investment case, QPP I felt was always undervalued and all the bad news was out with the accruels etc, and MONI and OPAY I like the business models. With DAN it's RT, he obviously knows how to construct something of value, and with investing in a new venture it's high risk. If I had invested into a Private equity structure I just wouldn't see the underlying risk here, but have the diversification of another 20 DANs with just needing a small % to pull throw.
My thinking is that I'm going to hold onto existing positions, I think if you're looking to trim this will move all over unless RT has moved up to the 29% level then I think the support will be there to hold the SP at a decent level. RTs target @ 4.5p ... Be interesting to see how he intends to get to this but I'm here and I'm locked in.
I'm delighted about the NOMAD RNS yesterday, end of next week we shall be back on the rollarcoaster. I have to admit, it's not my normal investment strategy. Fortune favours the brave ...
The brilliant Maya Angelou wrote the poem ' I know why the caged bird sings'. Suggesting that bird sings in hope and eternal anticipation of one day escaping from the wire shackles and benivilant cups of sustenance at the behests of its master. Ok two consecutive bans have not left me in a singing mood but a bit disappointed that a poster would cry to administrators at my reaction to his nonsense on QPP. Fortunately, the majority of the posters are ' on point' but there's always a few doughnuts.
Anyway, in answer to your question Jabir-Ahmed. Like many others who have bought for under the closing price I feel excited at the prospect of DAN securing a new Nomad and the possibilities here. Having sold some for a small profit, I currently hold 1,205363 @ 1.24 and my last buy at 445,721 @ 1.11 : TD WAterhouse.
Most definately one of my most riskiest stock purchases, but perhaps UKOG purchase is on parr quiet simply because, at this stage, many of the indicators one might use (eg) PE, historical earnings, forecasts, sentiment etc are grey. I've said it before but, I believe that adopting a blanket type philosophy to investing may be productive for some, but sometimes you just have to deviate from the tried and tested matrix. Buying into DAN is a classic example for me of ignoring the fundementals but utilising the business movements of RT. Far from an exact science but a method I've employed before with success when I've believed that a particular CEO or business guru had something. The suspension raised little board dischort becuase subsequent comments indicate that the stock will return shortly.
If RT is allowed to build his stake needless to say, even the detractors will start buying. My personal dilemma is , if the share goes 2.40+ which I think it could do on return, do I sell and lock in good profits or hold out for more and risk losing out in a harsh retrace?. Until RT is in a postion to map out his business plan in relation to DAN the shares are likely to resemble a roller coaster. Exciting ......absoluetly.
IMO, once things become clear decisions can be made in relation to medium / long term pesitcoms but it's still a tough call.
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