Qinetiq Share Discussion Threads

[wad collector] 12/3/2013 16:27

Going on a bit of a pre-close dip - perhaps I will be buying back in soon?

[wad collector] 20/2/2013 09:51

213p , I am concerned whether the market rise is going to sustain - moving closer to the sell button.
Just put a 215 limit sell in ; may be out too early but who knows.

[damanko] 12/2/2013 19:11

wad & zeppo - interesting discussion. I agree with both of you. Bought in 7 years ago at £1.60ish, and am minded to bank something now - while there is some profit to be banked. But the idiot in me may well hang on and see what the results bring, in terms of dividend and sentiment.

So, hello idiot............ (myself, I mean).

[zeppo] 12/2/2013 16:01

wad collector

Contracts and divis will send it one way.

Lack of contracts the other.

Perhaps I am naive but I hope that something big can come out of their R&D.

That is if they have not made the best scientists and engineers redundant.


z

[wad collector] 12/2/2013 15:09

You may be right , but I think the CEO will be waiting a long time.

[zeppo] 12/2/2013 11:29

wad collector

If the Full Year figures in May give a significant divi increase then I think this will motor on. If.

At a QQ.'leaving do' some time ago I heard mentioned that the CEO aims to get the share price up to the £4.00 region.

A lot has been done to 'lick this company into shape'. The former Civil Service culture(it was MOD before privatisation) was not conducive to competitive marketing/contract bidding etc.


Every CEO will be ambitious of course.

I am sticking with this and hoping.


15 February 2013 Interim dividend payment date



31 March 2013 Financial Year End



23 May 2013 Preliminary Annual Results



25 July 2013 Annual General Meeting



25 July 2013 Interim Management Statement



21 November 2013 Interim results


z

[wad collector] 12/2/2013 09:38

From last week

Interim Management Statement
Overall, the Group's performance during the third quarter was as expected and the outlook for the year is unchanged from that set out in the half-year results announced in November 2012.

Moving to a new 4yr high ; just in line with the market really. I am debating whether to take small profits and move on. Can't see it soaring , and there are better yields elsewhere.Or could just sell, sit and await one of its many retracements.

[wad collector] 01/2/2013 10:20

It isn't immediately clear whether the terms of the contract have changed substantially .
Looking at the share price movement today back towards £2 I presume that they have not.

[zeppo] 01/2/2013 10:11

'QinetiQ and MOD sign £998m five-year pricing agreement for test, evaluation and training support services

QinetiQ and the UK Ministry of Defence (MOD) have successfully completed the regular five-yearly review of the existing Long Term Partnering Agreement (LTPA) and agreed terms for the provision of test and evaluation (T&E) and training support services through to March 2018. QinetiQ is ten years through the 25-year LTPA contract which is reviewed every five years. As a result of cost savings and some minor changes in scope, MOD will pay £998m across the third five-year term of this contract.
...........................,,'


Worth sticking with this one.

z

[alphahunter] 25/1/2013 00:27

It feels pricey to me, with EPS consensus and price targets coming down, share price up, moving from a 8x 1YFwd EPS at the trough in November 2011 to currently about 15x.

RTN, GD & LMT reported yesterday and before fairly gloomy Q4 revenues although more bulli-ish on FY2013.

Stock is not shorted by anyone expect a small position by Blackrock.

Anyview anyone?
For future ref 185.9p

[zeppo] 12/12/2012 17:46

Drifting and not going ex divi until January - though that should not make a significant difference.

BA. much firmer.

z

[wad collector] 12/12/2012 16:27

Gone off the boil a bit recently ,I suppose the yield will now move to about 1.6% ,so it is not exactly a screaming buy,unless this is rated as a R and D type company. In the sector,BAE remains a more attractive option to me.

[zeppo] 21/11/2012 07:21

Interim Divi restored:


'An interim dividend of 1.1p (H1 FY12: 0.9p) will be paid on 15 February 2013 to shareholders on the register at 18 January 2013. This represents an increase of 22% on the prior period and is in line with the Group's progressive dividend policy which takes into account the profitability of QinetiQ's businesses, longer term growth prospects, capital requirements and cash flows, while maintaining an appropriate level of dividend cover. The interim dividend is normally expected to represent approximately one third of the anticipated total dividend for the year. '

z

[zeppo] 02/11/2012 11:39

Interims 21st.


No Interim Divi since 2009.

Renewed Interim divi to restore confidence?


z

[wad collector] 01/11/2012 17:05

The £2 barrier has been broken at last .Been a while.Where now?

[zeppo] 08/10/2012 16:07

The Who'd Have Thought It Inn
Milton Combe
Yelverton
PL20 6HP
01822 853 313


Perhaps we should all celebrate at the above.

Great to see £2.00 again!!!!!!!!!!!!!!!!


z

[wad collector] 01/10/2012 11:06

Charles Stanley
28-09-12 BUY
Westhouse Securities
27-09-12 BUY

Can't see any other news , but this share price is buzzing .

MCLEAN, Va., Sept. 27, 2012 - /PRNewswire/ -- QinetiQ North America (QNA) announced today it was awarded two task orders for Oil Spill Claim Support Services and Data Migration and Documentation Services under the Contractor Technical and Administrative Support Services contract at the United States Coast Guard (USCG) National Pollution Funds Center (NPFC). These are the first task orders awarded on the contract, which is a five-year blanket purchase agreement with a total ceiling value of $27 million.

Read more here:

[jon827] 28/9/2012 20:28

195, stick a fork init

[wad collector] 28/9/2012 20:26

Strong end to the month , touched 190 today.The yield is looking unattractive at this price , but I guess it has always been about capital.

[ssords] 24/9/2012 17:41

Sadly I bought in just before GB sold govt share of this stock. So current half year report encouraging and share price rise excellent. Am close to getting my money back
Ssords

[v11slr] 24/9/2012 10:49

Just sold mine but then I'd only had them 3 weeks so it wasn't a long term relationship.

[wad collector] 24/9/2012 10:12

Seems a reasonable exit point , but I am going to sit on my hands for now .It might make £2 this year .

[jon827] 24/9/2012 08:54

To be fair im am bitter having been long at 100 and sold too early, lol

[jon827] 24/9/2012 08:52

Agree the first line is bullish, but the rest of it including the last line you quoted is not imho, these stupid news reading algos need to read on !

[v11slr] 24/9/2012 08:47

"The Group's performance during the first half of the financial year has been stronger than originally expected."

"the strong performance in the first half gives the Board confidence that the Group should at least meet its expectations for the current year"