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.
In the results last week from Quindell (QPP) Lord Michael Howard and colleagues wrote down the carrying value of its two largest legacy businesses Himex and Ingenie by c£38 million but there is still almost £90 million of goodwill in the balance sheet for these divisions plus Solutions (non UK), i.e. Canada. Lord Howard you are dreaming. You are 'avin a bubble.
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Comments
filthy lucre
Aren’t these reviews anonymous Tom? How do you know
that they were not posted maliciously by short sellers, to try to
damage the share price?
After the Trip Advisor reviews re: “Free Speech Pizza” I would have
expected you to be more cautious before taking these reviews
at face value.
Diabel
…….if they could appoint a knockout CEO and then use the capital to expand globally the business could have the capacity to surprise. For longs that’s the only hope of a serious £3+ recovery. Such an outcome is perhaps unlikely but not exactly Disneyland!