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.
The poodle reporters on Interactive Investor have hitherto not dared to annoy their readers by criticizing Quenron but even a poodle has teeth and today it has reported that Quindell has lost a major contract and – worse – cannot pay suppliers until the New Year. In other words tits up time looms. Hooray! That will be another celebratory Metaxa for me please Eleni. So when does the RNS arrive. You vote – deadline midnight UK Time, 2 AM Greek Time.
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Comments
Af
Get the SFO to investigate Terry!!
https://www.change.org/p/robert-terry-get-the-sfo-serious-fraud-office-and-the-city-of-london-police-to-investigate-the-fraudulent-activity-and-behaviour-of-this-man-and-the-misleading-statements
Pete
Everything is fine!
http://imgur.com/sOgFkGJ
Peter
The article seems to be complete bullshit. Well done, but the part about the cash is unrealistic. QPP had sufficient cash at the end of Q3 (>25m) and had a cash conversion run rate of 0,76m per day. We are only two month into the quarter… Moreover I don’t buy into the argument that their pimp their cash number by postponing salaries. If at all, this works only once at the month of introduction. Q4 wil not be benefitting from this effect
Peter
The article is bullshit. Well done, but the part about the cash is somewhat unrealistic. QPP had sufficient cash at the end of Q3 (>20m) and had a cash conversion run rate of 0,76m per day. We are only two month into the quarter…