Bulletin Board Moron of the Week Competition 14 – Afren, Quindell & Worthington only

Comments

Phil

7 March 2015, 05:21

Ok here is another, again try not to laugh:-
Quote “
neodragon
Posts: 12
Off Topic
Opinion: No Opinion
Price: 87.00
View Thread (3)
Mull over this.
Today 09:37
£100 million mcap ÷ 14,499,000 shares in issue = £6.90 a share
£125 million mcap ÷ 14,499,000 shares in issue = £8.62 a share
£150 million mcap ÷ 14,499,000 shares in issue = £10.35 a share
£175 million mcap ÷ 14,499,000 shares in issue = £12.07 a share
£200 million mcap ÷ 14,499,000 shares in issue = £13.79 a share
£225 million mcap ÷ 14,499,000 shares in issue = £15.52 a share
£250 million mcap ÷ 14,499,000 shares in issue = £17.24 a share
£275 million mcap ÷ 14,499,000 shares in issue = £18.97 a share
£300 million mcap ÷ 14,499,000 shares in issue = £20.69 a share
£325 million mcap ÷ 14,499,000 shares in issue = £22.41 a share
£350 million mcap ÷ 14,499,000 shares in issue = £24.14 a share
£375 million mcap ÷ 14,499,000 shares in issue = £25.86 a share
£400 million mcap ÷ 14,499,000 shares in issue = £27.59 a share
£425 million mcap ÷ 14,499,000 shares in issue = £29.31 a share
£450 million mcap ÷ 14,499,000 shares in issue = £31.04 a share
£475 million mcap ÷ 14,499,000 shares in issue = £32.76 a share
£500 million mcap ÷ 14,499,000 shares in issue = £34.48 a share

£750 million mcap ÷ 14,499,000 shares in issue = £51.73 a share
£1 billion mcap ÷ 14,499,000 shares in issue = £69 a share
“ Unquote

You laughed didn’t you, I know you did,
Phil

7 March 2015, 06:39

This one from Afren, got a feeling this board is truly gifted

shareinvestor10
Posts: 2,579
Off Topic
Opinion: No Opinion
Price: 5.95
Dilution
Today 13:28
They did say and/or new equity which will will be substantial and dilute current shareholders but they did not say subject to approval from shareholders which could mean it will be a maximum of 600 m shares as that would not need a vote, just a thought.
turbograndad

7 March 2015, 07:03

Tom,
I have engaged with some of the BB’s on the LSE, and depending on the stock, some can be rational.
I think there’s a lot of duplicity, and yes some are indeed morons, but others know full well what they are at, and are paid rampers by the company, so will say anything from their script, others may work for PR, or any other interested party whom wish to ramp the the share for alteria motives, and the same with derampers, its all very bogus, you can get some informative bits of info, but everyone needs to do their own research, and be very discriminating.
Some of the morons act with a pack mentality and call each other mate, and treat the bullitin board as their own chat room, thats always a sign of moronism, but hey this is every where unfortunately.
You know this anyway, I am just elucidating my experiences, denial, and the blame game are all too frequent, so is fraud, and even by default it can all go tits up, as always caveat emptor.
Mike

7 March 2015, 09:12

In response to the fact that the FCA can cancel a listing after 6 months of suspension as per rule 5.2.2 of the FCA listing rule book, CHRISD1975 on the WRN asylum responded with:

““Before anyone starts on this, it depends on why it is suspended, it wouldn’t apply here since we entered voluntarily.”“

Sigh
Marvin

7 March 2015, 11:03

Granto on LSE re Afren today.

“Several of us crunched the numbers and we all think the same. 15-30p after dilution is possible.”

I wouldn’t mind but he’s revered as some kind of financial genius by plenty of posters.
Phil

7 March 2015, 12:42

From planet Quenron. I bet this idiot’s bank account is hoping he knows more about shares than he knows about legal process

stephen.rooke
Posts: 83
Off Topic
Opinion: No Opinion
Price: 93.75
TW
Today 17:41
Id he’s such an ‘Expert’ in trading why then is he struggling to pay his £1k legal fees and asking for donations. Must have fallen on hard time. :)
bwakem

8 March 2015, 01:53

CF73
Posts: 605
Off Topic
Opinion: Strong Buy
Price: 5.95
View Thread (2)
RE: Why the share offers skewed ups..
Today 08:34

In the event of what might be termed heavy dilution, based on the range of calculation we’ve had over last night and this morning, from total shares in issue of between 6.6 billion down to 2.2 Billion, Market cap from £600 Million to £800 Million, we have an SP range of 9p to 36p

The most realistic worst case scenario is 18 – 24p, in the event of heavy dilution.
Tim reynolds

8 March 2015, 10:48

I really had to post this as the spelling error really amused me . There is often a lot of only fools and horses rhetoric on these boards and the blatant spelling error in this post from the lse afren board could have been scripted for Del Boy ….enjoy it made me laugh.

Today 17:40Why do people think the issue will be 1p….how stupid, it will more like 10p could even be higher, the investment will be there to make money not to sit stagnant with billions and billions of shares that never move..they are just looking at percentage increase makes no difference if it’s 10p or 15p they need the Sp to be very attractive to new investors in the future… They will not want another lloyds sinareo going on.. No one will want that…
Juicin Drumroll

9 March 2015, 04:56

LSE board investment strategy.

Phrontist
Posts: 51
Observation
Opinion: Weak Buy

Price: 92.00
Institutional Shareholders
Today 10:24

Looking at FT.com, QPP have nearly 47% shareholding by 10 Institutional shareholders. These guys wouldn’t be putting their money into owning almost 47% of QPP if they didn’t believe the future is good. Also, strangely, the 12-month SP forecast is £6.55 for minimum, median and maximum. I am not sure what to make of this other than to say if you hold tight to your shares and shut your eyes for 12 months, the SP will be £6.55 (according to broker experts). That is a 5.5 times increase, but note, it is over 12 months not by the end of the week.

(As was pointed out to this savvy trader, only one II remains a holder now, M&G with 6.68% – http://www.quindell.com/Major-Shareholders/major-shareholders)
Jimbo

9 March 2015, 05:49

Where do these people come from? They shouldn’t be in charge of a piggy bank, let alone a trading account. They are a danger to themselves…
Juicin Drumroll

9 March 2015, 06:22

On an ADVFN QPP thread but about WRN. From everyone’s favourite pogram leader.

Nerdofsteel 9 Mar’15 – 13:17 – 8686 of 8686 0 0

I see the foulmouthed abusive defamatory Blogger was BEGGING for money to pay his Barrister’s bill. Surely nobody is silly enough to “donate”. Better off giving it to cancer research in my view. Why does he always portray himself as a victim when he is actually the perpetrator and WRN are the victim. The victim of a lying, abusive campaign which includes stolen information.
elrico

9 March 2015, 09:36

ADVFN – AFR

I cried.

comedy 9 Mar’15 – 16:22 – 1187 of 1193 0 0

hard to decide what to do…but each time i have come a cropper is when thinking cant go lower…sitting on free shares here and did buy another 10k in shares today…if get placing at 4p will lose 1p??? but like many not happy to hold £20k to £30k until we get the news…may miss a 1p to 4p??? but at leats wont be dead and buried…as been in so many …hibu last one where they just fall over…lol and still got 16788 in eel shares …which is a nigerian lesson:(
Le Boeuf

9 March 2015, 10:24

@Tom

1. Under which circumstances would the double digit SP figures quoted by the above posters for new Rights Issues be achievable? For example, the shareholders voting to offer the bond holders a lower percentage of the company in a debt to equity swap? Is it possible to illustrate an example of how current Shareholders could be left with a double-digit share price following a new Rights Issue?

2. The possibility of the sale of non-core assets in at least 6 countries raising funds needed to cover the £150M or so payable to the debtors?
Russ O'Callaghan

9 March 2015, 12:07

Forgive me, Tom, but I’ve simply got to find this out and no way am I going to actually post on WRN’s site and risk getting nominated on here! But, I looked on their site and somebody mentioned “the vile woman-bully” and, by a bit of scrolling around I worked out that they meant YOU!
Tom, Tom, what HAVE you been up to!? Have you been researching even more shades of grey than the bog-standard fifty!? What the hell is this rubbish about? I’m all ears now. Clarification, please!
Wolfcastle_22

9 March 2015, 13:59

Russ….it’s the same on QPP board….it’s all ‘vile woman bully’ and “furry paws”…..Fek knows what it’s all about….twgweenyteeth seems to rattle it out a lot on QPP……BTW, jut reading that QPP BB is absolutely full of insane longs….seriously, it’s all drivel they talk…..defending the great fraud they bought into…..not one word of sense or relevance at all…..just attack attack attack anyone or anything with any slight criticism of the jewel in their crown…..and it’s a ‘recommend’ fest….check the top recommended posters on LSE….GeneralLevy has been a member since Feb 2015 and he’s on the top board…..how is that possible….check the uneducated shte he talks……they recommend every long post by whomever……even if they post summit like…..“must get a loaf of bread” …will get 5 recommends minimum
warun boofit

9 March 2015, 14:16

I quite like this post on lse by Trade.Runner today, its got the right ingredients to be classed as moronic but I must admit have read better insults on the Quindle board, as he says lets all hope you get what you deserve on Wednesday ;

‘The clown is now reduced to blogging about a WRN shareholder rather than the company itself? What a saddo. Just like his ‘DAMNING EMAILS’ his latest blogs are a cry for attention.

As for his legal cost – why the fe ck pick battles if you can’t back them up?! Apply for legal aid if you must TW @ but expecting your “followers” to fund your big fat mouth is laughable. What’s more, what’s in it for anyone who funds him? Unless they are short? Tell me exactly how the TW @ helps investors with his constant vitriol and aims to undermine british businesses? How many attacks has he tried on various companies (some without proof and for nothing more than to help shorters and to gain himself notoriety to drive traffic to share puppets).

I’m surprised all his mates aren’t funding his crusade…maybe the sensible ones are distancing themselves from the loon?!

I’m not one to wish bad on others but in this case I hope this guy gets what he deserves!!! (ends)

TW you can thank Trade.Runner and his post for motivating me to donate to your legal costs fund, whats in it for me ? I am looking forward to a large sea food pizza with double anchovies and extra chillies and I hope that your offer is valid for redemption for six months or so as I dont come to London very often ?
TW note ..it will be
struie

9 March 2015, 15:20

All is well and early retirement is on the cards for this moron
From the Cult of Quenron on LSE

Nillionaire
Posts: 218
Off Topic
Opinion: No Opinion
Price: 92.00
Sell at what point….?
Today 21:57
As one of the long term holders of this stock, about 2 years now, I have seen my original 180p rise to 640 or so and then down to 27p. It has not been easy to see a terrific company with hard working dedicated staff trashed in such a way and when we scratch beneath the surface to identify any problems we find there is not a great deal wrong. I have increased my original investment from £7k to about £30k now which is a significant amount for my modest means. The company achieved 17 successive quarters of achieving its key performance metrics and created stunning growth using capital it raised in the market place. Needless to say the company has negligible debt, and a credit facility of £250million in place should it need it.
When NIHL first came to the attention of Quindel,l RT identified it correctly as an untapped market and was the first major mover to try and exploit it. He raised the £200million via a placing with Fidelity to fund the development and provide the cash to fill the claims pipe. Of the £200 million raised only £180million was used so as far as i am concerned he called it exactly right, albeit a little too close.
What RT did not allow for was four offshore hedge funds and an army if derampers with one agenda to destroy him, the company and the share price. In the end the companies defences were not good enough and with little firepower in the bank to defend the actions, we are now in the situation we find ourselves in.
The company, the product and the staff are world class and its no surprise that the components RT assembled will live on, albeit under another umbrella.
So at what point do the longs feel their investment is complete and time to move on? I have the opportunity for early retirement in 6 years so are my 25k shares going to yield £4 a piece? The book value for Quindell based on 2013 figures is 160p or so, there is no risk below this price.
Reckless

9 March 2015, 16:06

Erm ok

Today 22:57 Price: 87.00
ChrisD1975 1,758 posts
RE: Facts so far
Continued; number of derampers 10ish, number of genuine holders 1000 plus. You will not win and that is a fact, find that in the FCA rule book.
Off Topic No Opinion
Juicin Drumroll

9 March 2015, 16:26

A reliable indicator?

Undeniably! If you are an LSE AFR BBM.

fonters
Posts: 1,912
Premium Chat Member
Off Topic
Opinion: No Opinion

Price: 87.00
WRN
Today 23:11

It is an undeniable truth that if WRN was in any danger of not going seriously North upon relisting, let alone of not relisting at all, we wouldn’t have all the professional derampers, the naysayers, the doom mongers and the other assorted negative posters. It would fall without trace all by itself. All holders should take great comfort from their presence, as it signifies that they know full well that WRN will relist, and will rise substantially.
zeronegative

11 March 2015, 05:23

Here we have Melrosian/Bordersman- or is it another Robbajob alias. He seems to have the same posting pattern, endless postings, endless predictions on revenue and ludicrous price targets. He also has an obsession with PE ratios, perhaps he think it makes him look intelligent. Here is his latest comedy post….

“If you DOUBLE the interims H1 Figures you get year to 31/ 12 /14 projections :

EBITDA Digital Solutions = £ 90.00 Less Half group “central overhead” – £10M = £80M

Assume PE 20 So 20 X £80M = £1.6 Billion

EBITDA Professional Services = £241 Less half group “central overhead” -£10M = £ £231M

Assume PE matching Peer group ( SGH & Redde) around 16.

So Professional services notional value = 16 X £231 – £3.7 Billion

[ Note I wont believe the above presents a true and fair picture until the annual report is with us,
Nevertheless £1.6 Billions + £3.7 Billions = £5.3 Billions]

Conclusion: Compare and contrast £5.3 Billions with current Market Capitalisation of £0.4 Billions.
It would make a great question in a Corporate Finance exam !”
Juicin Drumroll

11 March 2015, 06:20

LSE, where else?

Price speculation on the S&G takeover / buyout / merger sparked by a post claiming S&G are at QPP World HQ in Fareham “assesing floor plan of office and taking measurements. Not very discretely either. Very reliable source.
Either taking due diligence to a new level or the deal is done”(sic)

Bordersman
Posts: 3,092
Answer
Opinion: No Opinion
Price: 92.00
View Thread (5)

RE: S&G at Quindell Fareham
Today 13:06
Well I hope they have deep pockets:
Repeat post

If you DOUBLE the interims H1 Figures you get year to 31/ 12 /14 projections :

EBITDA Digital Solutions = £ 90.00 Less Half group “central overhead” – £10M = £80M

Assume PE 20 So 20 X £80M = £1.6 Billion

EBITDA Professional Services = £241 Less half group “central overhead” -£10M = £ £231M

Assume PE matching Peer group ( SGH & Redde) around 16.

So Professional services notional value = 16 X £231 – £3.7 Billion

[ Note I wont believe the above presents a true and fair picture until the annual report is with us,
Nevertheless £1.6 Billions + £3.7 Billions = £5.3 Billions]

Conclusion: Compare and contrast £5.3 Billions with current Market Capitalisation of £0.4 Billions.
It would make a great question in a Corporate Finance exam !

Mel
zeronegative

11 March 2015, 06:42

Beat you to it Juicin – I notice leonstrade has re-appeared on the LSE.

Expect a news story in the next couple of days on Betaville or Daily Mail from “reliable sources”

Poor Mel does seem to have a PE Ratio obsession (22 seems his favourite number) – a child can be taught how to calculate PE ratios in about 5 minutes so it doesn’t mean your a financial guru.
wolfcastle_22

11 March 2015, 06:54

and to think that these people are allowed to vote………they’re as bad as the SNP diehards up here…..some tasty figures released today on Scotland’s debt……..let’s see how Nicky Nack explains this deficit…..probably ‘Dave’s’ fault as usual….then again, it’s a Tory conspiracy that sent the price of oil down….according to the Bravehearts…….bunch of idiots….what they forgot is a lot of us are British these days……and proud of it
wolfcastle_22

11 March 2015, 07:51

What a fckn idiot – see below

wizzkid
Posts: 241
Observation
Opinion: Strong Buy
Price: 96.00
Slater & Gordon irrelevantToday 14:45Once the PwC report verifies the figures for 2015 it will become clear that this is a £5 billion company valued at £400 million. The share price will react accordingly and S&G will not be able to afford any part of us.
dasv

11 March 2015, 08:39

stephan’s been a consistent poster over at advfn and he’s come up with the goods yet again, this time claiming the reason for the PWC report delay was because they can’t believe what “Telematics is worth”.

stephan1946 11 Mar’15 – 14:30 – 8818 of 8841 0 0

Are you wondering why Quindell price is climbing???

Are you short??

The clue is on page 53 of money mail, part of Wednesday Daily Mail, read and weep, read it and weep.

Telematics is a £bn company that you shorters will have nightmares about.

S&G and any other firm coming to buy this little gem had better be wealthy, very wealthy.

All shorters should read this and then do your sums, then ring your broker, but sharpish.

Maybe Quindell £1.50 in 2 weeks then onwards and upwards, PWC is late because they cant believe what Telematics is worth.

Quindell valuation is going to surprise everyone.
Castlewolf_22

11 March 2015, 10:21

….and der’s more……the idiots just keep on coming……but this guy’s a QPP legend….

K3VMC
Posts: 5,213
Premium Chat Member
Off Topic

Opinion: No Opinion
Price: 100.00
View Thread (5)RE: Quindell web site down?Today 17:05

“I tried six times. Only once did I get the home page, then it timed out when u selected the investor page.

My guess is extra heavy traffic, which suggests Canada interest, as Kenny100 suggested.”
………………………………….
Sure guys, Canada loves the QPP website….can’t get enough of it…..what utter s***e…..that’s why it’s playing up…pesky Hosers eh…..!!

Wonder why it timed out on the “Investor” page….maybe pulling down the names, or in Quenron’s case….putting up some more
alcira16247

11 March 2015, 11:39

Tom

Yep, its the legend of QPP LSE Board, the hyper ramping, obnoxious, patronising, filtering “ buying another 10K “, K3VMC!

Here we see our investing hero, offering his support to Worthington holders, posting this:-

K3VMC
Posts: 5,215
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 87.00
View Thread (2) RE: Good afternoon genuine holders Tue 18:33

ChrisD1975

“Has TW got any dignity left. I think he’s resigned to losing and support for him as more or less diminished apart from 1 or 2 straddlers.”

I’m hoping you meant “stragglers”.

:-))

===============================

What a surprise that we should find this fanatical supporter of that fine British enterprise, Quindell, posting on the LSE Worthington board. What on earth do these two companies have in common to deserve the support of the all knowing genius, K3VCM?

I know!!!!!…… they ARE both Norfolk Broads!!!!

By the way, K3VCM….. seems your prediction on today’s High Court outcome, is 100% wrong! Nothing changed there, then!
alcira16247

11 March 2015, 12:14

Tom

As the ‘investors’ on the Quindell and Worthington LSE bulletin boards went into sombre reflection on the breaking news of your High Court win the mood was suddenly changed late in the afternoon, as rumour swamped the Quindell board and the share price moved up >10%.

True to form the investing geniuses went into meltdown on a raft of ever wilder speculation. This being just one, of our potential new millionaires, the arithmetic loving ‘Paul Daniels’ of the LSE QPP…… Bordersman, posting, in answer to growing euphoria :-

Bordersman
Posts: 3,114
Answer
Opinion: No Opinion
Price: 100.00
RE: More Intrigue! Today 17:34

Mark Genie

Lower est EPS = 50P. Peer group PE = 16-18 …16 X 50p = £8

So until it is £8.00 it wont be valued in the same way as its much smaller peers.

Mel

==================

There you have it, Quindell confetti @ £8.00! Oh, this time next year, Rodder’s!

P.S.

Tom……… “@wshak1 tweeted that he has increased his short at 100p”. Correct? Any chance of an article by Waseem Shakoor, outlining his thoughts on Quindell’s future?
Sweet Karolina

11 March 2015, 12:54

Loverat – 11 Mar 2015 – 07:40:58 – 4863 of 4970
5baggersrus

Take advantage of it while you can. TW and his supporters might not be so generous with entertaining the masses in the future. Particularly when their arguments are shot down in flames in the courtroom – be that now or later.

Mind you we will be probably be treated to a long standing commentary on why the judge in whichever of his cases was wrong etc etc which should keep us going for a while.

Some of the stuff the last Sheriff of AIM came out with was hilarious. Book your places folks and watch history repeat. It always does!
Oh FFS

11 March 2015, 13:49

He’s at it again

ChrisD1975
Posts: 1,819

Off Topic
Opinion: No Opinion
Price: 87.00
.Today 20:45
I thought the idea of the stock market is to beat the system and all pi’s like us make money and rejoice together.
Phil

11 March 2015, 13:51

We all make plans, this complete habitual tosser has his own plans, this is one of the key investors spoon fed syrup & figs by Rob Terry, tasted good at the time, however the aftermath wasn’t to be sniffed at, so to speak

kenny100
Posts: 7,311
Off Topic
Opinion: No Opinion
Price: 100.00
View Thread (2)
RE: TooTerrible
Today 20:02
My plan

£1.00 hold
£2.00 hold
£3.00 hold
£4.00 hold
£5.00 hold
£6.00 hold
£7.00 hold
£8.00 hold

kenny……………as always DYOR
Phil

12 March 2015, 02:25

Alcira

No K3 wasn’t wrong, no you see K3 is never wrong. Tom didn’t win, on no. Aiden Earley made a mistake, see you got to get ir right – Right!!

K3VMC
Posts: 5,225
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 100.00
View Thread (3)
RE: RE: news arrived from TT
Wed 19:53
AlMinghi, TT could never be Tom!

TT is what he is and he is here to do a job. I think he does it very well and I would recommend him for a similar job, any day of the week.

Tom has turned up today and heard the judge tell him that AE’s brief made a mistake and that AE would have to pay costs. Tom is thick enough to equate that with a win. Hmmm. The replay will be at the end of March. I will be there very early, to make sure I have a seat. The law may be an ass, at times, but you try sticking two fingers up at it and using it for your own petty squabbles and personal gain, add in a bucketful of arrogance and a slight lack of personal hygiene and a lack of respect for “authority” and see what it gets you!!!

I think the term is, “your’s is in the post”.

Aaaahhh! And breathe! And relax! And breathe!

So in the post.

GLA holders and QPPSAG

I
zeronegative

12 March 2015, 04:13

alcira16247,

Isn’t it amazing how all the QPPSAG trolls have £10K-£50K constantly lying around, yet none of them seem to have jobs which pay that amount per month.

K3VMC is obviously a paid ramper – he only post on a single share and seems to have no understanding of the stockmarket, no risk management knowledge, no understanding of how to build a balanced portfolio and targets anyone who dares to question QPP in any way – they are so easy to spot, wonder why the posters on the LSE can’t spot them???.

Notice Leonstrade is back again with his 700mil post – guess his price target is for another 10-20% price increase to buffer the loses when the PCW report drops.
VINES

12 March 2015, 05:01

JRjnr Today 11:10 WRN
all the negative posters are those soiling themselves in fear of a boom when suspension is lifted. For some reason today is the day for me that i sense somebody is very short and has engaged a mass attack to try and protect their short. There is no other logical conclusion. The FCA are looking at 10 deals. If they werent the FCA would have corrected Doug’s statement of 10 deals…. IF one of those deals is worth $500m this will open at £10.
MHO1965

12 March 2015, 10:00

Hebridean iii.co.uk

The lack of cash is all deliberate to deter SGH. Crackers.

—————————————-

The only problem with QPP is cash conversion.

Shorters have used the massive increase in receivables (due to a massive increase in business) to denigrate the business.

Look at SGH and you see exactly the same balance sheet profile.

QPP are playing a clever game now, but an obvious one.

Cash collection in Q4 was not as big as anticipated and did not yield a surplus.

SGH is being played, QPP do not want a bid unless the numbers are compelling. However, to stave off waves of short interest the discussions are being allowed to run on.

In the meantime, the much heralded move to being cash positive is starting to happen (IMHO). At the end of Q1, the YE figures will be released that, had they been released in Feb would have caused much wailing and gnashing of teeth.

However, SGH will make a bid for QLS, that will be too low and will be rejected. The PwC aggregate findings will be released with a forward cash projection for 2015 that will, in part be validated by Q1 cash inflow numbers.

That is my interpretation of what is going on.

The Hebridean
pink53

13 March 2015, 00:21

I think I win with this masterful prediction of the reaction of the market to AFR.L’s refinancing RNS on LSE:

“Today 07:17rameshprema
10p open”
Juicin Drumroll

13 March 2015, 03:44

AFN on ADVFN, after shareholders are diluted to 11%. As I type this the shares are at about 4½, down from 6½.

Vikingwarrier 13 Mar’15 – 07:46 – 1934 of 2228 1 0

20p remains my true value for this share now. I see 11p as being the dilution valuation which we should see today. Sure some of the new holders who have bankrolled the company will be selling their new shares for a quick profit but the shorters will be exiting too. Its going to be an interesting day here.
Juicin Drumroll

13 March 2015, 07:20

ADVFN.
Genuine LOL at this AFR ramper.
===========================

DATAIT 13 Mar’15 – 14:09 – 2499 of 2501 0 0

THE US MARKET WILL BE QUICK TO BUY ON THIS
——————————————————
Bad Robot 13 Mar’15 – 14:10 – 2500 of 2501 0 0

US been opened since 40mins ago you dumb muppet.
wolfcastle_22

13 March 2015, 07:30

QPP on LSE, seems the ramp’s are excited about the issue of those shares at 15p, they seem to think that someone spots value there so they took shares instead of cash in expectation that they can realise ‘True Value’ when the share hits £2+………what they don’t seem to realise is those 15p shares will be sold into the 90p market that the ramps keep propping up…..so in effect, the ramps are paying for it…….another point they miss is that they took shares at 15p so they could 6 fold the cash value when the sell on in the next week or so….and quite possibly the 3rd point is Quenron has no cash to give them, so gave them shares instead (new shares that is) at no cost to Quenron (this is probably closer to the truth than the other points I made)….again to be paid for by the ramps…..so it’s all looking good
wolfcastle_22

13 March 2015, 07:48

Is it just me and some of the funds that are shorting WH SMith until it eventually goes the way of Woolworths? Strange that i don’t read anything about it here…..then again, it’s not a fraud I suppose so why would it be listed here…….but it is propping itself up by “Transaction in own shares” RNS’s repeatedly….and it is in the top 10 of shorts on…probably the most relaxing short to be in……..opened at £13.28 so here’s hoping it’s demise is my new house all bought and paid for in the next couple of years as it tumbles down to single digits eventually…along with the death of the high street…..shame but fact….and all the 14, 28 and 56 day SMA’s are in favour of that call being the right call to make….!
struie

14 March 2015, 04:30

An investing genius!

Beetham
Posts: 218
Off Topic
Opinion: No Opinion
Price: 99.50
View Thread (9)
QPP
Fri 22:22
I’ve leant a big lesson this week chaps. Only invest in a company you beleave in 100% I invested in Afron and lost 40k but have now learned that investing in a stock you don’t know can hurt you big time. Now bought back into qpp and intend to stay here. Lets hopefully move up next week. GLA Stephen
hammer69

14 March 2015, 06:30

A corker today from “Bunyola” on the LSE Asylum:

DW one step ahead Today 12:41
Like to think that DW has played his hand well. Get the feeling he knew of the stolen emails and possible shorting attack with the help of TW and found a reason to suspend the shares. There is no doubt that if he hadn’t we would have seen the share tank and jeopardise his future plans.
The heavy bombers were sent in when there was a possibility of relisting in Jan and when it became apparent there was a delay TW strung his stolen documents out for as long as he could but has ended up with egg on his face with his shorting mates facing ruin. I think his “Foxy” has told him he has been lucky so far and to quietly back off whilst he can still claim some sort of victory.
Meanwhile DW uses this as an excuse to delay further to let the dust settle before coming back on the market, I’m sure the prospectus is all but complete.
Mid to the end of April is fine, all deals are still on the table and just waiting for the right moment to hit the markets running.
Thanks to all those who who have contributed to the positive debate and see a bright future.
struie

14 March 2015, 16:27

Investor genius number 2!
From the LSE cult of Quenron board (where else can you read such tragi comedy)

Newboy58
Posts: 1,083
Off Topic
Opinion: No Opinion
Price: 99.50
View Thread (9)
RE: QPP
Fri 22:39
Snap Stephen, not quite 40k but enough to **** me off. Still i’m quite happy with the rest of my spread now, especially QPP which is 50% of my portfolio, should make the £1k back I lost in AFR real soon. The rest of March should be very interesting. GLA
zeronegative

15 March 2015, 03:06

Well! Well! – look what turned up from the betaville journo in Sunday Times today – as predicted on 11 March on this thread…

“Expect a news story in the next couple of days on Betaville or Daily Mail from “reliable sources”

Lets see what S&G says about this one – S&G shares price action suggests NO big funding occurring.
zeronegative

15 March 2015, 03:15

Isn’t it amazing that Ben’s articles, with figures, appear AFTER the info and figures appear on bulletin boards.

I suspect that Ben’s sources are the same posting ramping nonsense on the Boards.

I’m sure the LSE fuckwits will want Ben arrested for publishing stolen/market sensitive info – NOT!
DUCK AND DIVE

15 March 2015, 06:20

From “deos” on the LSE GKP board (Sat 14:42), but I think it qualifies:

“Im looking to get my 100k back lost on Afren. Is this a buy when news due?”
pink53

16 March 2015, 00:48

I propose myself. For the post I now make

In an RNS on 5 March QPP reported

“The agreement of terms with the Plaintiffs for the settlement of litigation (Laurence Baker, et al. v. Hassan Sadiq, et al. and NavSeeker, Inc. C.A. No. 9464-VCL, Court of Chancery of the State of Delaware USA)(“Litigation”) and the associated acquisition of 11.67 per cent. of Navseeker not already held by the Company (“Settlement”)…
· Following Court approval of the Settlement, the Company will acquire the shares in Navseeker held by the Plaintiffs for a consideration of 684,770 new ordinary shares in Quindell of 15p each (“Settlement Shares”). In addition, the Company will make a cash payment US$1 million to the Plaintiffs in the Litigation.”

So my understanding was that QPP get 11.67% of Navseeker in exchange for 684 770 QPP shares and USD 1m. Note that this is the acquisition of 11.67% not already held ie they already own the other shares.

Then on 13 March we are told

“On 5 March 2015, Quindell Plc (AIM: QPP.L) announced the settlement of litigation (Laurence Baker, et al. v. Hassan Sadiq, et al. and NavSeeker, Inc. C.A. No. 9464-VCL, Court of Chancery of the State of Delaware USA) and the associated acquisition of 11.67 per cent. of Navseeker, Inc (“Navseeker”), not already held by the Company (which includes shares held by non-litigants to whom Quindell is required to extend the Navseeker purchase offer)(“Settlement”). As part of the process to achieve full ownership of Navseeker, the Company further announces that it has today issued 832,946 new ordinary shares of 15p each in the Company (“Ordinary Shares”), in respect of the acquisition of a further 8.33 per cent. of Navseeker not already held by the Company.”

So on 5 March Quindell reported that they would issue fewer than 700 000 shares to get more than 11% but a week later report that they issued more than 800 000 shares to get 8.33%. There is no mention of cash changing hands either way.

I propose myself as Moron Of The Week because I wonder if QPP changed the deal to offer more shares and less cash.
Phil

17 March 2015, 01:00

What you would call a bulk entry, response the S&G bitchslap, sometimes English is just such a wonderful descriptive language, there is no word for bitchslap in Chinyanja

shibby
Posts: 653
Off Topic
Opinion: No Opinion
Price: 121.75
View Thread (2)
RE: Qpp
Today 07:44
Not 100% but we’ll see a short reduction tonight/tomorrow evening depending on if they play by the reporting rules. Might open down because people are making up scare stories but there is a lot of positive press and it’s looking like a better time to be in than out.

Foxache
Posts: 105
Off Topic
Opinion: No Opinion
Price: 121.75
View Thread (10)
RE: City AM
Today 07:42
Creature, neither QPP or SGH said an offer had been made. QPP mentioned figures. SGH didn’t deny them. We could call Sherlock Holmes if you need further confirmation but to me, it says that those figures are correct.

gohador
Posts: 108
Off Topic
Opinion: No Opinion
Price: 121.75
RE: City AM
Today 07:42
I think after ASX last night only a fool would believe that S&G aren’t desperate – can they get the readies ready before exclusivity ends and other buyers are given PwC’s notes?

Menu

Bulletin Board Moron of the Week Competition 14 – Afren, Quindell & Worthington only

By Tom Winnifrith, The Sheriff of AIM

15 March 2015 04:27

Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Friday »

Thursday »

Wednesday »

Tuesday »

Monday »

Sunday »

Saturday »

Friday »