UK 13:56 Monday, 26 October 2026
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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.
Quindell (QPP) denied on Friday that it had lost a contract with a leading North West based Claims Management Company. Hmmmmm. In this podcast I look at the nature of what that contract originally meant and why the contract has not been terminated (yet) but what is really going on. The reality is that the cash crisis at Quindell and the need to fiddle its stated cash position is forcing Quenron to take actions of which investors have no idea. Let me enlighten you all.
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Comments
JaySee
Maybe I mis-understood but I think you have made a slight error in the maths,
i.e. 5,000 cases a month * £200 a case = £1m .. not circa £10m
Official R.T 2+2=5
Great Podcast again tom! It is even worse for QLS as I know they pay (or have paid) circa £700 per case for both RTA and Deafness cases (which will never settle).
They also pay 13k a time for deafness clinics again with no hope of any money coming in as result of it!
zeronegative
Appears that this guy seems to have an issue with you – it this Steamy by any chance?, it has his tone of self loving and he did like to see himself as a wannabe investigative journalist (he wasn’t of course) when he was posting as Longtermholder on the LSE board. Can’t find the name of the person writing this – wonder why?? Member of QPPSAG? 100% certain.
“http://quindellecho.com/2014/11/29/quindell-and-tom-winnifrith-credibility/”
zeronegative
Perhaps you need to contact the LSE Management regarding some of the posts from basrk002 – 13.25pm onwards.