Telematics

3545 days ago

Quindell & Himex – The Valuation does not stack up says Industry Veteran

Quindell (QPP) values its 85% stake in its Himex operation at $240 million. Well that is what it paid and in the balance sheet that sits almost entirely as goodwill. Quindell has made great claims about Himex but do they stack up. I think they do not. And here is why.

A poster posted this on ShareProphets yesterday in the comments below THIS ARTICLE. I have spoken to the man and cross referenced and his credentials are impeccable. He is actively involved in telematics in two US states and is a veteran of the market. He writes:

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3569 days ago

Quindell Prize Caption Contest Results & New (Roy Hodgson) contest

Last week on both Shareprophets and here I asked you for captions to the picture below. The winner can join me for lunch at Real Man Pizza on me.

Among the best entries were:

“Is QPP flagging a dead horse?”  - Steve Brown

“The UKLA come up with a cracking idea for an eye catching cover to the next Quindell Annual Report” -   The Sheriff of AIM

“Employees of the latest Quindell acquisition get ready to start walking in front of cars as part of the new Telematics solution” – RT

But the winner comes from trashbat who can contact me by email to arrange a date with this entry

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