£6.00 now looks entirely plausible and fair value for such a high quality defence firm. |
Patience is being rewarded today. Soaring. Still holding though, future seems secure. |
QQ will not have over the odds results for the end of the current FY due to election and waiting for the SDR which will be in the next FY, when the increase in defence spending and SDR is released it should filter through, |
Historically 15x earnings was the norm, we are now being told european countries are gunning for 3percent of GDP on defence spending so ratings in the new world should be in excess of 20x for Euro defence companies. US will lag of course which makes a change. |
QQ was the most underrated of all the defence businesses on the London market. It could possibly reach £6.00 now all the levers are being pulled. |
Blimey , looks like we are heading to an ATH pretty soon. |
Defence sector all up big-time this morning. |
Was lucky enough to have bought a few on Friday - so took the quick turn this morning! |
With luck, we now wait for the orders. And AVON singing as well. |
Added in the hope that there will be some spin off from BA and RR profit takers and the Starmer Trump marriage. |
@Estienne only Cody Technology is a QQ site which was sold and leased back by QQ recently |
It is nevertheless correct to say that Farnborough is a QinetiQ site. This goes back to the days when DERA was split into QinetiQ and Dstl. |
Apologies if I implied it had. It would be nice. I meant Farnborough has its own Airport. |
@MrScruff QQ does not own Farnborough airport. It's owned by a management company or TAG. |
@MrScruff QQ does not own Farnborough airport. It's own by a management company or TAG. |
Lets see what Trump thinks of this as our PM is on a plane. I did also add to BA but I think QQ has a wide net of services to catch some of this cash materially. Even the location in Farnborough near its own airport and Aldershot etc... |
Defence spending to rise to 2.5% of GDP by 2027, PM says.
3% in the next parliament. |
There are plenty in Europe and the USA but (imo) much more difficult to research and for USA will need a W8BEN. |
If chemring gets delisted that means investors only have QQ, BAE, Cohort for defence plays. Should be positive for me our share price? |
OK Same SECTOR A very different type business - Not sure how much read across possible. |
Bid approach at Chemring |
Tend to agree. I like this more than Chemring as the cyber stuff more in tune with modern not hot warfare. |
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