Shares being soaked up some one is buying could be RT,
We will have a new Nomad soon no need to talk about delisting.
RT will take up those shares you watch, would be a good move for him to get them cheap, once RT has his shares then we will here what his intentions are. worth waiting for.
from the Telegraph ............... Quindell founder: Share-dealing allegations a 'heap of rubbish' By Ben Martin 7:24PM BST 17 Apr 2015 Rob Terry says he has amassed £50m in funding for new ventures and is confident of FCA approval The founder of Quindell has claimed he will not face sanctions from regulators over his share-dealings at the firm and called accusations of insider dealing “a heap of rubbishâ€. The revelations from Rob Terry, the controversial former chairman at the insurance outsourcer, are likely to spark anger among shareholders who lost money by investing in the company he once led. Mr Terry, in his first public comments since he left Quindell, told The Telegraph that he had amassed about £50m of funding for new ventures, some of which he has provided himself. He also said he was confident that he would receive approval from the regulator, the Financial Conduct Authority, for his planned stake-building in stockbroker Daniel Stewart, despite the storm that led to his departure from Quindell last November. Mr Terry, along with two other directors, were the focus of investor anger when it emerged that they had reduced their shareholdings in Quindell in stock market dealings that were initially portrayed by the company as share purchases. Quindell gets takeover approach for its telematics arm 17 Apr 2015 What’s the best way to buy a new car? Brought to you by Carwow He was eventually ousted from the board when Quindell revealed that the trio had carried out the dealings after one of the company’s house brokers had resigned. The wider stock market was only informed of the resignation after the directors had reduced their stakes, prompting heavy falls in Quindell’s share price. “The transactions that were done at the time were looked at, there was never any question of insider dealing, so it’s just a heap of rubbish,†Mr Terry said on Friday. He said that there was “no issue†with the Aim team at the London Stock Exchange, which examined the controversial share dealings, and that it was “closed out long long ago, all in a positive manner.†He added: “There’s never been an issue with the FCA.†In a move that has raised eyebrows across the City, it emerged on Thursday that Mr Terry was seeking to increase his recently acquired stake in Daniel Stewart to above 10pc, which will require FCA clearance. “I’m absolutely positive that FCA approval will come through in the normal timescales,†he said. Daniel Stewart was left with an uncertain future on Friday after it revealed that its nominated adviser, Westhouse Securities, had resigned. If it does not find a replacement by the start of May, its shares will be suspended. Mr Terry has already amassed a 9.994pc stake in the broker through investment vehicle Quob Park Estate. The controversial figure said he thought that Daniel Stewart was “undervaluedâ€, adding “there’s also some things I’d like to do in partnership with them to do with the other things I’m doing with Quob Park. “Ultimately I will be interested in holding anything up to 29pc of [Daniel Stewart]. I won’t make a bid for it, that’s not my intent, but I could see myself building a holding of that type of size. “We will open up [Quob Park] to retail investors to invest alongside us and for that we will need to work with an FCA regulated firm, and I hope that that firm will be Daniel Stewart.†He claimed that Quob Park had as much as £50m in firepower behind it. “Quob is re-name of a company that I’ve had for a whole number of years but it’s been restructured, new investment’s come in, myself and a number of other individuals have put in over five million and we’ve already raised money with a valuation of twenty-five million. “It in itself is a fund of a value of about twenty-five million, and then it’s sitting alongside about another twenty-five million of investment capital from me. So it has available to it about fifty million of funding.†On Friday, Quindell shareholders approved the £637m sale of the company’s legal business in a deal that will see £500m returned to investors. Mr Terry said that he and Quob held small stakes in Quindell.
There are too many so called investors on this thread, dont be fooled they are shorters trying to talk the stock down, they are on every thread and all they do is put doubt into PIs heads, if RT is involved or intends to get involved with DAN then he will take it to another level and quite quickly, and as long as we make money that's all that counts.
Re: Comment from Daily telegraph If the allegations that he is an insider dealer are a heap of rubbish it's odd that he has not sued a number of commentators who are repeating the allegation in public and in print every day.The Times had a swipe saying that it's odd that someone who wishes to have a dominant stake in a stockbrokers appears to not know the difference between a share purchase and a share sale.I foresee this one ending in tears (like his other ventures).Does the stock market really need people like him?
Comment from Daily telegraph [link] founder: Share-dealing allegations a 'heap of rubbish'Rob Terry says he has amassed £50m in funding for new ventures and is confident of FCA approval Ben Martin7:24PM BST 17 Apr 2015The founder of Quindell has claimed he will not face sanctions from regulators over his share-dealings at the firm and called accusations of insider dealing a heap of rubbish. The revelations from Rob Terry, the controversial former chairman at the insurance outsourcer, are likely to spark anger among shareholders who lost money by investing in the company he once led. Mr Terry, in his first public comments since he left Quindell, told The Telegraph that he had amassed about £50m of funding for new ventures, some of which he has provided himself. He also said he was confident that he would receive approval from the regulator, the Financial Conduct Authority, for his planned stake-building in stockbroker Daniel Stewart, despite the storm that led to his departure from Quindell last November. Mr Terry, along with two other directors, were the focus of investor anger when it emerged that they had reduced their shareholdings in Quindell in stock market dealings that were initially portrayed by the company as share purchases. He was eventually ousted from the board when Quindell revealed that the trio had carried out the dealings after one of the companys house brokers had resigned. The wider stock market was only informed of the resignation after the directors had reduced their stakes, prompting heavy falls in Quindells share price. The transactions that were done at the time were looked at, there was never any question of insider dealing, so its just a heap of rubbish, Mr Terry said on Friday. He said that there was no issue with the Aim team at the London Stock Exchange, which examined the controversial share dealings, and that it was closed out long long ago, all in a positive manner. He added: Theres never been an issue with the FCA. In a move that has raised eyebrows across the City, it emerged on Thursday that Mr Terry was seeking to increase his recently acquired stake in Daniel Stewart to above 10pc, which will require FCA clearance. Im absolutely positive that FCA approval will come through in the normal timescales, he said. Daniel Stewart was left with an uncertain future on Friday after it revealed that its nominated adviser, Westhouse Securities, had resigned. If it does not find a replacement by the start of May, its shares will be suspended. Mr Terry has already amassed a 9.994pc stake in the broker through investment vehicle Quob Park Estate. The controversial figure said he thought that Daniel Stewart was undervalued, adding theres also some things Id like to do in partnership with them to do with the other things Im doing with Quob Park. Ultimately I will be interested in holding anything up to 29pc of [Daniel Stewart]. I wont make a bid for it, thats not my intent, but I could see myself building a holding of that type of size. We will open up [Quob Park] to retail investors to invest alongside us and for that we will need to work with an FCA regulated firm, and I hope that that firm will be Daniel Stewart. He claimed that Quob Park had as much as £50m in firepower behind it. Quob is re-name of a company that Ive had for a whole number of years but its been restructured, new investments come in, myself and a number of other individuals have put in over five million and weve already raised money with a valuation of twenty-five million. It in itself is a fund of a value of about twenty-five million, and then its sitting alongside about another twenty-five million of investment capital from me. So it has available to it about fifty million of funding. On Friday, Quindell
Re: R T Comment What's even more embarrassing is that I did an internet search for DS&C only to find a chartered accountant in Croydon!Anyway thanks for answering my question & seriously hope to have no more senior moments.
QUOB Pronounced (KWOB) so who is the third man?To throb or to quiver.www.quobstables.com [link] (third-person singular simple)All very intriguing to say the least.
Re: R T Comment A new one on me - someone commenting on a company who doesn't recognise it's name!This is worth listening to if only for amusement value: share prophets dot com /views/11664/tom-winnifrith-bearcast-daniel-stewart-nomad-quits-rob-terry-of-quindell-stink-special
Re: R T Comment Daniel Stewart & Co?
Re: R T Comment For those requiring reassurance this is good to hear however who or what exactly are DS&C?
R T Comment Courtesy of Alexsar on LSE BoardI posted here yesterday to say that I was connected to RT on LinkedIn..and I had sent him a cheeky message...re his plans here..I said I doubt he will reply..but good enough he has..he never said it was in strict confidence etc so I am sure he will not mind if I post his reply as he would not have replied to me otherwise....I thought it would ease some concerns for holders...this is 100% genuine....Robert TerryFounder, Chairman and Chief Executive at Quob Park Estate LimitedMy involvement as an active shareholder is increasing day by day - as is the level of QPE's shareholding in DS&C. Things are already moving at a rapid pace and I look forward to being able to give my views once a couple of additional corporate matter are resolved shortly.Best RegardsRob Terry
Transparent Yesterday we receive the notification that RT wishes to own 10%...[link] we receive the notification that the Nomad resigns/terminates as from May 1st...[link] the phrase 'The Company is in discussions with an alternative Nomad' is in extremely small print. Call me cynical but I suspect they hope we omit to read & digest this to cause panic selling!!My conclusion...MANIPULATION OF THE MOST UNSUBTLE HIGHEST TRANSPARENCY.Are we seriously expected to believe that RT was unaware of this imminent resignation/push!!
Just hope Epsilon don't lend their shares to Roble SA !!!