IMII - i couldn't be happier that you're being sued, you utter, utter plank.
This is all great but doesn't get my 10k back that Gotham and TW effectively stole.
Just sold Friends Life to buy even more Quindell. Goes against all my own rules but just couldn't help myself. Convinced that this will fly this week given how many shorts need to close before the results.
There is little point in re quoting previous Board comments- up till now the Board have had little credibility- mainly due to the RT factor (someone who is not so much economical with the truth as downright parsimonious). However this set of results and associated announcement will be the first since the Board change, you have KPMG (and their insurers) taking a particular interst, a NOMAD who was rocked by their incompetence on the Listing and thus keen to "get this right". This weeks statement will be life-defining for the company. redleaf- the new PR- must ensure that whatever is said is supportable, measured, believable. No need to over hype. If forecasts come down so-be-it, the stock is so cheap there can be a downgrade and the price will still rise if we have credible numbers. So don't get bothered if the statement is less bullish than hoped for- what matters is credibility.
Most of the bad news, the concerns about corporate governance, the previously overly aggressive accounting is in the share price. The company have not been a paragon of all the virtues- far from it. But if the new non-exec, backed by M&G, are getting the company into a shape where (notwithstanding previous misdeeds) the company is once more a sensible investment proposition for main stream funds, the price will only go one way. I am optimistic that the statement will be more balanced than the past, less waffle, more about delivery and cash generation- in short "more grown up". If it is, and if there are further moves to strengthen the Board with quality NEDs, a bit of institutional buying will power the price.
why is it hard to tell you moron? results leaked or early.
Latest from the Community...
Latest from the Community...
Latest from the Community...