UK 19:26 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
I commend you al to listen to my earlier BearCast special on Quindell the truth about yesterday's announcement - HERE. Thanks for all the kind words about it. Moving on I discuss cash or lack of it, NPV and why that is all that matters. En passant I cover Globo, Monitise and blinkx but then move on in real detail to Corero and in less detail to Sweet and Sefton.
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Comments
easyman
Tom,
looks like you are completely wrong about the Hearing Loss market size? And Quindell may well be right? Time for a slice of humble pie?
http://www.standard.co.uk/business/business-news/insurer-rsa-hit-by-deafness-cases-9843870.html
Tom Winnifrith
Easy
That article proves I am correct. It states 10k cases a month but 80% rejected so that makes 24k wins a year ACROSS THE UK and QPP is booking income for 72k wins a year so that gives it a 300% market share.
On that basis its accounts like everything else are just 1 big fraud.
No wonder Rob Terry is selling.
Target price 0p
T
easyman
Tom,
I think QPP are booking 61% success rate on the 72k say 44k.
In the article it said 10k per month last year, so if the market has grown by 3.3 times this year then it would be 33k per month. The RSA man may only be talking about cases privately insured. Id guess the government just pay out of petty cash? So maybe(I say maybe!) you could double that to 66k per month(pure guesswork!). Not added any cases for international markets.
Maybe you need to consider market dynamics. The CMC cant trade RTA cases anymore so they are batting for survival and probably trawling heavily for other things, hence the spike in hearing loss cases. The other big factor is cases presented are bound to have been filtered for success criteria, so the success rate you expect to rise rapidly as the market learns what pays.
I dont say you are wrong, because I dont know, but might be worth stepping back if you have become emotionally involved it could affect your judgement.
Some reports that Roble is reducing his short, IIs comfortable with QPP progress, GCR hunkered in the batcave, are you happy to be the last bear standing?