QPP Stream Log

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You are definitely right Guest

Guest I am not trying to scare you but fortune is for the brave, if Qpp overcomes Gotham and player haters then the sky is QPP'S limit, but for me I was not fully convinced with the way QPP run their business model. It is a learning Curve guest.

Guest at the end of the day it is your choice to hold on or sell Qpp, but for me I sold off few months ago. I hope for your sake Gotham got it all wrong. Personally Emotions do not make money for one.

Shorters like Simon Cawkwell will really be laughing

Gotham is on Quindell's tale and Gotham will keep scrutinising Quindell every result. Quindell has not been able to convince the Market

Profitable claims Let’s start with a closer look at Quindell’s profits. During the first half of this year, Quindell reported adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of £156m. Of this, £101m (65%) came from Quindell’s Legal Services division, which handles compensation claims, while a further £14.2m (9.1%) came from its Health Services operations, most of which are linked to the personal injury claims handled by Quindell’s legal services division. In other words, 74% of Quindell’s profits were derived from compensation claims during the first half of this year, making it clear that this is currently Quindell’s main line of business. This is a cause for concern for some investors, who question its sustainability.

Should you buy it? The problem for Quindell is that the market just isn’t buying the firm’s story, despite the apparent progress signalled in today’s results. Going against such a distressed valuation takes a strong nerve. The eventual profits could be massive, but Quindell shares could also become worthless, if the firm's detractors are proved to be correct.

Hi Dreadlord you are fully correct, sold off QPP five months ago and I have no regrets