Qinetiq Share Discussion Threads

[wad collector] 27/2/2008 17:42

2 hefty directors disposals - Doug Webb halving his holding to 300,000 and Graham Love a third of his , selling 2,600,000 shares and transferring 300, 000 to his wife as part of a divorce settlement.
Not a vote of confidence in the company even if there are personal reasons.

[wad collector] 14/2/2008 09:46

US defence budget is up 7.5% to $515 Billion this year - sounds like good news for QQ one way or another.The recent American acquisitions look well timed.About time we saw some action with the QQ share price I think. I hope.

[wad collector] 06/2/2008 17:52

In theory Package 2 is back to the drawing board , and the MOD can change the rules as it wishes .Metrix is able to resubmit a new tender , but presumably the Political factors behind the scenes are the real forces.
Timescale? An MOD commitment to a firm date for re-tendering? What do you think this is - a private company with deadlines and budgets?

[ianwest] 05/2/2008 18:19

anyone any ideas why the recent creep up in price?

[zeppo] 05/2/2008 14:03

Can they still compete for Package 2, or is that done and dusted??

What is/was the timescale?

z

[wad collector] 04/2/2008 12:25

So , a year has passed since the excitement of the DTR contract and last weeks statement makes interesting reading ; the Metrix Consortium has been removed as preferred bidder for Package 2.Package 1 seems to be going on as planned.
The market seems to heve been expecting that Package 2 news as the share price has barely changed.The Cosford site is being placated with other relocations there.No recent political protestations about the contract award.Time for QQ to get on and earn some revenue methinks.

[mikesnr1] 24/1/2008 21:55

Bearing in mind that QQ. is currently trading at around 8% BELOW its' issue price of 200p (almost exactly 2 years ago), and because its' performance and rating simply cannot be so miserably sustained, I am making this stock my FTSE250 TIP for 2008!

[wad collector] 16/1/2008 15:40

Good old QQ.Just when I was beginning to feel optimistic it responds with a plunge....

[ianwest] 15/1/2008 11:52

US buys in to QinetiQ's millimetre wave technology

[stnick] 11/1/2008 10:05

very strong chart developing here!!

bears had a go this morning but to no effect!! 230p next stop.

[wad collector] 10/1/2008 12:08

At last.....

[zeppo] 10/1/2008 10:54

Good to see this price range at last - still only just above the PLC launch price but looking a lot better.

z

[zeppo] 09/1/2008 10:26

Up 3p early today but later affected by another 'bad hair' day, so far, for the market.

z

[stnick] 08/1/2008 22:29

chart breakout now over 200p????

[zeppo] 02/1/2008 10:09

Aquisition announcement initially saw a 2p rise but that seems to have cooled off.

QinetiQ Group plc
02 January 2008


QinetiQ Group plc
2 January 2008


' QinetiQ agrees to purchase two Australian defence consulting companies

QinetiQ Group plc, announces today that it has signed agreements to purchase two
Australian defence consulting businesses, Ball Solutions Group Pty Ltd and
Novare Services Pty Ltd. These acquisitions, which are subject to regulatory
approval, represent QinetiQ's first investment in Australia and provide the
company with a presence of 185 staff located in Canberra, Sydney, Melbourne,
Brisbane and Adelaide.

Ball Solutions Group is a provider of professional and consulting services,
primarily to the Australian Department of Defence and has annual revenues of
A$29 million. It is being acquired for a total cash consideration of A$12
million from Ball Aerospace & Technologies Corp. of Broomfield, Colorado, USA.
It operates in three main practice areas: business systems and applications;
data acquisition and management; and operations research and analysis.

Novare provides engineering and logistics services to the Australian Department
of Defence, its prime contractors and selected commercial partners. It has
annual revenues of A$6.1 million and is being acquired for a total cash
consideration of A$8 million from its founders, who will remain with the
company. Novare's core expertise is in explosive ordnance and weapons, aerospace
systems, advanced technical data management and performance based contracting.

These acquisitions represent the continuing execution of QinetiQ's strategy to
grow its Europe, Middle East and Australasia (EMEA) capabilities. They will
enhance QinetiQ's portfolio of defence and security based expertise, provide
additional routes to market and broaden QinetiQ's customer base through existing
relationships and contractual arrangements.

The acquisitions are subject to Australian and US Government regulatory approval
and are expected to complete by the end of February 2008, after which the
companies will trade as QinetiQ Consulting Pty Ltd.'


Let's see how things are when the Full Year Figurs come out around the end of May, As lonh as there is above inflation divi growth, I will be happy.

z

[wad collector] 31/12/2007 11:28

I guess not ; but at least QQ has weathered the last few months better than many in the market.Where next?

[zeppo] 27/12/2007 18:02

Fingers crossed Friday and Monday to go.

Will we see the year out at £2.00?

z

[zeppo] 20/12/2007 18:19

Let's hope so.

I could do with some good news.

To end 2008 at £2.45.

z

[wad collector] 20/12/2007 17:48

Are we going to see the year out at £2 ?

[mw] 17/12/2007 18:48

Join the hunt for the missing share value...

[zeppo] 13/12/2007 12:17

Still firm after a weak start against what is, so far, another appalling day on the market.

z

[zeppo] 12/12/2007 17:31

Watching with interest.

z

[wad collector] 12/12/2007 16:37

What's going on? Is the Finmeccanica Bid rumour resurfacing?

[gunter guil] 29/11/2007 14:00

Nice to see some positive press and buy recs coming through. I was pleased with the results. Strong US performance despite USD. I have been adding recently in anticipation of a boosting of the share price .....one can hope!