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Quindell Portfolio is an accident waiting to happen

By Lucian Miers | Thursday 11 April 2013


Disclosure: The author has a short position in one or more of the shares mentioned. 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.


Shares in Quindell Portfolio (QPP) have gone up around five times in less than two years since the company was admitted to AIM. The fast growing company has also more than doubled the number of shares in issue to 3.6 billion to give it a market cap (at 14.2p) of £516 million. It is an accident waiting to happen.


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