Chinese said to be in talks with Wirecard about purchasing a 25pc stake; could make move on the whole company - sources - part 2

Wow - I thought yesterday's piece might ruffle a few feathers but I never expected the torrent of angry banter I received throughout the afternoon.

It sort of reminds me of last year's shenanigans when I broke a series of stories about Slater & Gordon interest in purchasing the majority of Quindell. For several months I was on the receiving end of serious abuse, scepticism and denials (from Slater & Gordon itself) but stuck to my guns. And what happened: Slater & Gordon eventually bought Quindell's professional services division for just under £640 million. Here is a link to my final piece in that series:

Imaginatik said to be working on £2 million equity fundraising

Imaginatik, in which controversial businessman Rob Terry has been re-building a substantial stake, is preparing a £2 million equity fundraising.

City sources told little old Betaville that Finn Cap, Imaginatik's brokers, is working on a plan to raise £1.5 million via a placing and £500,000 via an open offer to investors.

Rob Terry said to up stake in Imaginatik; may try to get to 29pc, oust chairman or eventually bid

Rob Terry is boosting his stake in Imaginatik, the AIM-listed "full service innovation company" (whatever that means).

For readers that don't recall, I revealed a few weeks ago that the controversial businessman and founder of Quindell started to re-build a stake, via his vehicle Quob Park Estate vehicle, in Imaginatik. Here is the link:

Quindell close to appointing Peel Hunt as broker; figures/accounts expected to be unveiled immently - part 3

Oh look - I see Quindell this morning has confirmed the other half of my story from a couple of weeks ago regarding Peel Hunt's imminent appointment as corporate adviser/broker.

In case you have missed the announcement, click on the link below:

Quindell close to appointing Peel Hunt as broker; figures/accounts expected to be unveiled immently - part 2

Good to see Quindell confirm the majority of my snippet from a couple of days ago. In case you hadn't noticed, here are links to Quindell's latest figures and accounts:

http://www.investegate.co.uk/quindell-plc--qpp-/rns/2014-results-announcement---part-1/201508051140031746V/

and

Quindell close to appointing Peel Hunt as broker; figures/accounts expected to be unveiled immently

Loyal readers have probably been wondering when Quindell - whose shares have been suspended for the last few weeks following an investigation by the Financial Conduct Authority - will come back to the market.

Well, I understand Quindell is on the verge of making Peel Hunt its broker.

Back on Tip TV talking about Credit Suisse, Julius Baer and Quindell

I have been out and about all day catching up with a few old contacts, so apologies for the delayed posting of this morning's Tip TV session. Anyway, here is a link to today's session with Nick Batsford, aka The Moose.

http://www.tiptv.co.uk/archives/ma-weekly-update-4/

Punters outraged after some spreadbetters mark Quindell positions at 30p a share; fears move could trigger share price crash when suspension is lifted - part 2

Following my last post, Jonathan Hufford, the MD of Spreadex, has been in touch to explain why the spreadbetting firm has had to mark positions in Quindell at 30p.

Hufford, who I have to say seems like a reasonable chap, explained that his clearing bank, Commerzbank, had marked Quindell stock at 0p.

Punters outraged after some spreadbetters mark Quindell positions at 30p a share; fears move could trigger share price crash when suspension is lifted

Stock market punters are up in arms after it emerged some of the spreadbetting firms have begun marking positions in embattled Quindell at just 30p a share.

For readers that don't recall, Aim-listed Quindell has had it shares suspended after the Financial Conduct Authority decided to investigate the company's accounts between 2013 and 2014.

RARE ALERT: Daniel Stewart said to be close to raising £1 million via equity placing - part 2

I'm glad to see Daniel Stewart confirm my tale from last night. In case you had missed it, I have pasted the announcement from the stockbroker below.

Daniel Stewart Secs

Subscription to raise £1.2million

RNS Number : 2020R

Daniel Stewart Securities PLC

25 June 2015

RARE ALERT: Daniel Stewart said to be close to raising £1 million via equity placing

Daniel Stewart's shares crashed around 30pc today to about 2p.

I'm presuming the news regarding Quindell hasn't helped sentiment around the stockbroker (for readers that don't recall, Rob Terry, the former boss of Quindell is one of the stockbroker's largest shareholders).

Here is another surprise - Rob Terry buys stake in Imaginatik - part 3

Good to see Imaginatik finally confirm that Rob Terry's investment vehicle now owns 3pc of the company.

Readers might recall I revealed last Friday that Quob Park Estate had been building a shareholding in Imaginatik.

Here is another surprise - Rob Terry buys stake in Imaginatik

Readers who follow London's micro cap stocks might be wondering why Imaginatik has leapt over 70pc today.

Well, I understand Quob Park Estate - the investment vehicle run by former Quindell boss Rob Terry - has begun building a sizeable stake in Imaginatik, whose market cap stands at almost £5 million.

Now this is a surprise - Rob Terry buys massive stake in Daniel Stewart - part 5

Readers might recall that Daniel Stewart, the well-known City stockbroker, said yesterday it didn't know what was behind the recent share price gain of almost 50pc in the last week.

However, I have just picked up on the grapevine that Rob Terry - the former boss of Quindell and now one of Daniel Stewart's largest shareholders - was seen at the stockbroker's offices yesterday, having a meeting with chairman Peter Shea.

A Quindell update...

It's been a while since I have written anything on Quindell so I thought I would put together a piece for loyal Betaville readers and followers of the company.

Top sources tell me that Quindell - which recently completed the sale of its professional services division to Slater & Gordon for £640 million - has now received a takeover offer of between £20 million and £30 million for PT Health, a Canadian healthcare and rehabilitation services company.

Back on Tip TV talking about Bwin, Aveva, Receptos and Quindell

It's a Monday, so it's time for another session on Tip TV.

Here is a link to today's show with Zak:

http://www.tiptv.co.uk/archives/the-weekly-mergers-and-acquisitions-update/

Back on Tip TV talking about Quindell, BP, BioMarin and Sky

Zak invited back onto Tip TV today. Here is a link to today's session:

http://www.tiptv.co.uk/archives/weekly-ma-update/

Back on Tip TV talking about Royal Dutch Shell, BG Group, Anadarko, Pharma deals and Quindell

It's been a while since I was invited on Tip TV. Today Moose - aka Nick Batsford - very kindly asked me to come back onto the show. Here is a link to today's clip:

http://www.tiptv.co.uk/archives/update-on-the-latest-in-the-ma-market/

A weekend review

There were plenty of interesting business stories in the weekend newspapers this weekend but the ones that caught my eye were the tales involving Quindell, the controversial AIM-listed business.

Ben Martin, market reporter over at The Daily Telegraph, did well to get some quotes out of Robert Terry, the former chairman and founder of the business, about his plans for Daniel Stewart, the stockbroker. Here is a link to Ben's piece:

Now this is a surprise - Rob Terry buys massive stake in Daniel Stewart - part 3

Wow - Daniel Stewart has just released a statement on the Regulatory News Service this evening telling the market Rob Terry, the founder and former chairman of Quindell, has asked the Financial Conduct Authority for permission to increase his stake in the stockbroker to above 10pc.

I have a theory about what might be going on here but for the moment I will keep it to myself.