Qinetiq Share Discussion Threads

[indiestu] 17/4/2024 16:27

It was unfortunate yesterday as a lot of companies released reasonable results but the market puked in general due to the macro and many took a hit due to the selling volume globally I guess. There is just not much free cash in the UK. A boring couple of years with high interest rates.

[wad collector] 17/4/2024 11:25

Looks like the cheap buying window may be closing. Seemed a bit of a harsh share price fall yesterday considering the global Defence demand.

[dope007] 16/4/2024 12:44

One part disappoints, another part exceeds. That's what diversification of the business does..

[sspurt] 16/4/2024 11:51

Judging by the statement that is some falling out they must have had. Not often you see them as terse as that..

[someuwin] 16/4/2024 11:31

Bought more. Sell off way overdone.

[vrman2point9] 16/4/2024 11:02

The US economy has been doing fine, so what are the "difficult market conditions" affecting QQ. Presumably the political standoff stalling gov funding?

[johndoe23] 16/4/2024 10:37

Ha ha well looking at AIM all share

[dope007] 16/4/2024 10:37

Only 3. More like 30!!

[melody9999] 16/4/2024 10:34

CFO departure can be a red flag - but that is more likely to be the case if the business is not performing well. But as the company said today, everything is on track. And replacement plan in place.

2024 - As a result, we expect our results to be in line with current market expectations.

2025 - we expect FY25 to be another strong year at Group level and we remain on-track to deliver in line with our longer-term guidance.

[johndoe23] 16/4/2024 10:17

Wonder if some spooked by CFO departing?

[kibes] 16/4/2024 09:46

Before the share buyback the company had an enterprise value plus cash. After the buyback the enterprise value is exactly the same but the cash has gone. Just disappeared into thin air. Who thinks this a good idea? And did the share price go up?

[wad collector] 16/4/2024 09:04

I think today's drop is just the whole market .Lot of red on my portfolio.

[dope007] 16/4/2024 08:51

Bought some at a smidge over 340p

[dope007] 16/4/2024 08:48

Good update. Be nice if it dropped more so I can buy in lower but am sorely tempted to add some here with a view to add more if it drops lower

[johndoe23] 16/4/2024 08:43

Crazy drop

[18bt] 16/4/2024 07:31

Decent update - the CFO clearly didn’t get on with Wadey. But at least they issued the update before the announcement of her departure.

[johndoe23] 16/4/2024 07:24

Decent update, positive tone

[rimau1] 15/4/2024 10:16

Should be a good TU Wad, sadly global conflict is good for the stock price too

[wad collector] 15/4/2024 08:55

TU tomorrow ; something good?

[wad collector] 12/4/2024 15:23

Not clear how big a share QQ have of Dragonfire, but all good publicity, providing it works in a real situation.