Watchstone Group Ratings

BUY by BuyBAO on 08 May 2014 09:44

Price at rating: 19.60, now:

SHARESMAG Quindell BUY r Investors should be confident in Quindell's ability to recover from this savage attack.r Insurance claims outsourcing business Quindell (QPP:AIM) is being attacked by vicious, cynical and opportunistic bear-raiders. In little more than a week virtually all the paper profits on our call at 21.5p (see Plays, Shares 23 Jan) have been wiped out following serious malpractice allegations by little-known US short-seller Gotham City Research. Quindell responded with a detailed and comprehensive response. We note several points. First, Gotham admits to profiting from Quindell's fall. Second, its 3p share price target implies a market cap of £175 million, effectively crediting Quindell with an enterprise value of just £35 million for a business expected to make more than £1.1 billion of sales, and £342 million of pre-tax profit (according to Canaccord forecasts) in 2014. Thirdly, the firm's respected major shareholders, including Prudential's M&G, Fidelity and Merrill Lynch, have all given complete support for its growth land grab at the expense of short term cash generation. r r Shares say : Investors should be confident in Quindell's ability to recover from this savage attack.

Score: 25.00

BUY by invsay91 on 02 May 2014 14:05

Price at rating: 23.75, now:

The sp has now stabilized following the bear raid positive news coming out so the trend should be upwards

Score: 0.00

BUY by carl on 02 May 2014 13:21

Price at rating: 23.53, now:

very positive rns great future prospects this time next weel will be back in the 30s

Score: 6.25

BUY by Bluebellmacks on 28 Apr 2014 20:49

Price at rating: 19.50, now:

Great Company for the future.

Score: 100.00

SELL by Aurelius on 27 Apr 2014 20:21

Price at rating: 24.75, now:

Significant risk of capital loss due to questionable accounting and reporting practices

Score: 100.00