UK 11:26 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks 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.
Do Quindell (QPP) shareholders really understand the company? Well perhaps they want to discuss with me revenue recognition?
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Comments
wildrides
I am fairly thick Tom, but even I can see that the lack of cash in the final accounts and large unpaid debtors stated in the same accounts indicates
one of several possibilities:-
Firstly that management have booked far to much work in progress through un conscience incompetence.
Ditto above but by deliberate and conscience
incompetence .
Or that the whole debacle is some kind of grand conspiracy / ponzi ( which is most unlikely I must say ) also involving a lot of senior staff and management conspiring together . (very very unlikely )
Stipe123
The auditors should have been checking previous management estimates against the cash that was actually collected, but it’s very easy for companies to massage the figures in this way, for a little while at least.
Tom W
Moneypenny
Thank you & you are right. I have a lot of regrets about things that I did or did not do in my first 44 and a half years.
You cannot rewind the tape of life.
You can pledge to do things differently going forward and whatever is slung at me that is what I intend to do.
T