UK 21:59 Friday, 23 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.
What is it like being Laurence Moorse, the FD at Quindell (QPP) as it goes down the swanny. I asked a gentleman now FD of a successful AIM listed company but who in a former life was parachuted into a quoted entity that he pretty soon realized was a can of worms, to explain. The experience still haunts him. His recollection will give you some idea of what life is like in Fareham right now.
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Comments
turbograndad
Recommend, coke and hookers, works for everyone else.
Forty Two
Ugh! Can’t say I pity No Remorse and I can imagine he is pumped full of propanonol with libido running negative too. Logically suppliers should have started issuing Statutory Demands already – 21 days!. All those things fraudulent trading, wrongful trading, market abuse, false accounting (throw in insider dealing and a few other things) must mean a few vodkas of an evening might not go amiss either (Aldi white label). If Ronnie can get 4 years (admittedly it took the SFO 5 years to pin him down) for £1m in bungs from suppliers and if Blackrock dude can lose his FCA approval for some faredodging and an out of court settlement/bung significantly higher than the value of the evaded train fees then No ReMorse must surely be ransacking his drawers for a shiny whistle, as per your advice TW. The final whimper not far away no. Short positions closing as they have made 95% or more of their returns and it is too small to be economic or get the borrow.
Robert
Lesson is before you accept a job do your own due diligence on a companies finances and walk away if they’re not good. Failing companies are stressful for everyone involved and bad for your cv when they finally go bust and you have to find another job.
Millfield
I really do think the foul language used so liberally in your articles is unnecessary, and only detracts from both the quality of the message, and the credibility of the writer.
Tom Winnifrith
I write as I wish & allow others to do the same.., free speech ce’st la fucking vie
t
Graham
Apropos of nothing really but it might be of interest to note that QPPSAG claim to own over 10% of the shares in Quindell. Had these shrewd guys and gals sold up at £3.60 when they were warned by Gotham and TW then as of today they could have bought back 100% of the company. We could have had Steamy as CEO, Robbajob as FD and QPP100 in charge of PR. What an opportunity missed.