Re: QPP Stream Log - After the Super Troll (ST...

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18:54 17/06/2014

After the Super Troll (ST - get it?) article at the weekend, I decided to use my time machine and check if the same reporter was still in employment and supporting his troll hordes in the future. And there it was, dated 12 June 2016 and read as follows:-  " QUINDELL CHAIRMAN GETS IT WRONG AGAIN! This controversial company's shares closed at £21.20 last night despite Terry's assurance only two weeks ago at their AGM that 'whilst the Company served only 90% of the Claims Management Market it was unlikely that the Company's SP would break the £20 barrier until the earnings multiple remained at half the sector average'. Of course this also means that Terry's promised Yield of 8% will now be only 7.4% at the current price. He has also failed to make any inroads into the Company's £1.2 Billion cash-pile even after squandering a reported £10.2m on a little-known golf and sporting estate known locally as Gleneagles. Terry is understood to be determined to stick to his pledge to offer 'substantially discounted rates to all shareholders' despite the resort achieving only £27m annual net margin. I can also exclusively report that Marcopolis Enterprises, a Monaco - based philanthropic Foundation, has agreed to sponsor all prizes for the 20+, shareholder-only, annual tournaments. This is a disturbing relationship and suggests that the Foundation may have benefitted from Terry's company in the past. Last but not least is Terry's continual refusal to join the Main Market claiming that the Company's continuing rapid growth might reflect adversely on the existing constituents. Clearly Terry has many questions to answer. Shareholders, and his 24,000 employees who recently received a miserly 35% salary bonus, should call for his immediate suspension until these concerns are addressed. " I'll continue to monitor future articles and report accordingly.

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