Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Quob Park Estates the new vehicle of Mr Robert Simon Terry of Quindell infamy has just released a "research report" overnight on Quindell (QPP) which accuses the new board of hiding facts - most notably of hidden share options and staff departures - but also of destroying shareholder value in the businesses that remain. It also discloses that Quob Park has sold all its shares in Quenron though it argues that the group is still worth 172p (down from 210p). The document also tries to rewrite history. The sham of a note is below.
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Comments
MrContrarian
Terry says “the total number of fully-diluted shares will be 493m including the affect of additional options not yet disclosed.”
But shares in issue are 445m (Morningstar fig) & options 56m (from RNS) making 501m.
wildrides
I assume Quob stands for Quindell Old Boys ?
zeronegative
I see that the ramping clowns have come out of the woodwork on the LSE QPP board are still blaming Tom and everybody else for the mess, except Quindell and RT. Poor soles seem to have a mental block.
What keeps happening to your posts TWG?? They keep disappearing. Wonder why.
How are the plans for the £15 party going? Any truth in the rumour is now going to be a 15p party – bookings planned for November 2015.
Bazza
Hi Tom,
I’m just intrigued on why Rob Terry would go to all the effort to publish research on Quindell after stating that QUOB are no longer invested. Any thought’s on what his motives are?
MrMoto
Wow, what a RNS this morning at QPP. After all the shit & hate you got re:QPP looks like eventually its all coming out in the wash. A major hat tip, well done guys
All the team at Shareprophets this morning be like…
http://www.youtube.com/watch?v=zS1cLOIxsQ8&t=0m10s