Just hold on to your shares, the steady climb upwards will start soon. I expect an excellent 2015 Audit (released in Feb 2016 hopefully). The current SP is virtually underwritten with cash so it is grossly undervalued (safe Hold). But Institutional Investors will not proceed with New Quindell until 2014 Audit and Business Plan for the future are both released, one imagines at end June 2015. And H1/2015 is now important maybe released in Aug 2015. The Quindell SP cannot develop on Small Punters alone (understatement).
Many people have been through the wars with this one, but I am still expecting £5/share early 2016 latest, and that is after £1+/share paid back in Oct 2015. There are great Teams in place in Himex, Ingenie and Iter8. But Richard Rose is The Man. The entire Old BoD will be cleared out except keeping Currie who has managed Quindell from Storm to Calm over the last six months, managed very well.
Not sure how this year is panning out - with 4 months of concentration on telematics perhaps we speeded it up. Highest ingenie sales? Let's say we had 650,000, we likely have around 800,000 now based on the expected (and generally reported) growth.
I'll start to get excited when/assuming we get towards the 1.5m mark.
Isn't it: Aviva Canada, Canada brokers, Metlife, Mapfre, State Farm, Liberty Mutual, Ingenie, Drive live a girl, Insure the box, Insure the box getting involved with Toyota, Vauxhall involved, etc? Not a bad selection of early pilots/roll-outs across NA and UK.
wish this would hurry up want to get out as needs some funds for WLFE & SOLG. One is fully funded and close to production and the other waiting on some high grade visuals hopefully! However i still have faith in our beloved QPP.
Usually when I get really impatient news is just round the corner here so maybe tomorrow, hopefully not tomorrow though as it's usually bad news on Wednesday's. Let's face it any bad news is well priced in anyway.
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