Member Info for Newboy58

Consolidation didn't work out so well for shareholders last time.. Seems a it rude to consolidate again.. Be interesting to hear from someone as why this is In shareholders interest? Sorry I'm sounding a bit troll like but the new bod aren't endearing myself to them. Gla

Looks like the market has it priced pretty accurately after all... Oh well nice safe share to have In the portfolio. Gla

"You will only get my support on constructive and pertinent posts in future." Good luck with that, I've yet to see one from BS...

Better link http://www.mirror.co.uk/news/uk-news/pictured-british-trader-hunted-fbi-6786473

So social media can and does affect stocks. Maybe our good old FCA should take a look at Gotham and tiger global. and sharepuppets, or maybe they are already? Ps - as a disclaimer I am invested in QPP :) Pictured: Brit who 'used Twitter to con shareholders in £1m scam' - Mirror Online https://apple.news/A3THblOiNQSmEGZc8o_mpvA

Probs best to sell up lolz, I lost in NEW and AFR under dodgy circumstances, and Moni really when the CEO says he feels vindicated after getting a new deal you think the company is getting out of Schtuck... Couldn't give two hoots about AFR and new now, down as a learning experience and put a small punt n Moni to double my holding, see what happens. My point is the past is history, the future a mystery and the present is a gift. Atb

You could be right, when the return of capital was £1 it sat at £1 for 3 months, now they dropped it to 90p is the sp heading there? Personally I think it will hold above 95p but we shall see. Won't take much of an announcement for it to shoot up so I'm staying in.

Funnyest article yet.... Spot the accounting error from this great financial blogger: However, the company has this week backtracked on both the quantum and timing of the initial tranche. The directors have said they now expect to return 90p a share, and that the court hearing needed to get legal approval for the return is not expected to take place until 16 December. Quindell intends to return the remaining 10p a share in November 2016, assuming that the full £50m it placed into an escrow account to cover warranties given to Slater & Gordon is released. And there’s an estimated further £40m (9p a share) to come from the Australian company over the next two years, as historic hearing loss claims settle in the Professional Services Division. However, the total of 119p isn’t a foregone conclusion. Court approval for a 90p return may not be forthcoming, because Quindell is currently under investigation by the Serious Fraud Office (which could result in fines) and is also facing a class action by shareholders who have lost money (which could result in compensation payments). Slater & Gordon, whose share price has sunk since acquiring the Professional Services Division, may also try to claw back something from the escrow account and seek to minimise its payments to Quindell for the historic hearing loss claims.

Apart from the shorter being responsible for the payment making it an expensive excercise if the sp goes up from here as it should, being short here is a bit mental really...

Ha - thank you for your kind words, like you and many other posters I say it as I see it. I find these boards a great way to get info on companies I'm invested in, it's just some of the BS posters take it too far sometimes with their agenda (in my humble opinion), I find it rude that they think we are all idiot enough to fall for their flannel. Atb

Hey Mullins, I hope you are well, I'm disappointed in them, £1 or more was said, of course the accountants will push for less if poss. They should have stuck to their word IMO. The 16th is too late to late for the court date as well, can't see it happening this year. That being said it was already priced in at less than£1, back over £1 sp today I'd think. Ps BS - you are a joke and the sooner you leave so the adults can hold a decent conversation the better.

Sam I agree with you, this is their opportunity to shine and start showing investors what they are all about, all they are doing is giving trolls more ammo.

LSE - please sort the mobile site out!!! Must admit I'm disappointed with 90p and the court date being bumped to 16th, can't see that date happening. Very little info for shareholders on what is happening to the rest of S&G's payment, for all we know it's spent already, feels like the old QPP to me. Still not selling just expected more from the BOD.

Tbh I'd think that would be a stock response from someone within an industry that was being disrupted, I guess we will have to wait for a year of so and S&G's 2015 and 2016 results before we know if they got a deal or not, I'm really interested in knowing one way or the other.

Not sure if this has been posted already but worth a read: http://www.express.co.uk/life-style/cars/615238/Black-box-telematics-truth-is-stranger-than-fiction-cars-accidents

20% - 50% short term upside, sounds good to me. I fear it may be more though.

Good new for insurance companies that use telematics, there is always a bright side. Last Updated 01:22 01/11/2015 New Hike In Insurance Costs To Affect Millions Families could end up paying £100 more for insurance policies per year, experts have warned – as a tax increase on premiums comes into force from today. The standard rate of Insurance Premium Tax (IPT) has risen from 6% to 9.5%, affecting all policies which have a start date from 1 November onwards. According to the Association of British Insurers, the hike will add nearly £13 to the average comprehensive car insurance policy, more than £10 to the cost of buildings and contents cover, and £40 to the typical price of private medical insurance. Young motorists are likely to be most affected, and AA Insurance analysis suggests the average quote for 17 to 22-year-old drivers will soar from £1,278 to an "eye-watering" £1,319. It is feared the tax hike could tempt some people to drive without the correct insurance – even though routine police checks would quickly uncover a fraud attempt. First announced in this summer's Budget, the Treasury estimates the IPT increase will bring an additional £8.1bn into the nation's coffers by 2021. Not all types of insurance are affected by the new tax rates, however. For example, life insurance and mortgage insurance are completely exempt from IPT. Meanwhile, travel insurance is already subject to a higher tax rate of 20%, and this will remain unchanged.

Agreed Grumpy, let's get this tidied up and move on with the new business, next question is what to do with the return of capital?! Atb

well BS you inspire me to hold. As you say are a long term holder and you have taken the decision to continue to hold. If you thought there was a better investment out there I'm sure you would have sold your shares and reinvested your money elsewhere, as any sane investor would...The fact that you continue to hold fills me with confidence that QPP is evolving into a great new business and will deliver shareholder value, and your holding shows you feel the same way. atb

There is a 15 year old lad from Ireland looking for work in IT apparently...