Qinetiq Share Discussion Threads

[jab118] 12/8/2009 13:15

about 2&1/2tons per acre....

[deanroberthunt] 12/8/2009 12:31

whats the current yield on this baby...as I may buy some on the next market downleg.

[jab118] 12/8/2009 10:30

Hi ohisay... so you mainly work from charts?

[ohisay] 12/8/2009 06:52

Mainly CCI and variations of.
The MACD also looks to be on the verge of crossing.

[jab118] 11/8/2009 14:52

what measures do you use then ohisay?

[jab118] 11/8/2009 14:47

what measures do you use then ohisay?

[ohisay] 11/8/2009 10:39

Looks like a technical buy this morning on the measures I use.

[dynamic2005] 11/8/2009 10:02

Good to see the recovery commence.....seems to be slowly creeping back up from the recent pull back.....will be great to see it back at 150+ even though it deserves to be a lot higher than that given proven performance and phenomenal potential beyond its current business model.

[ohisay] 10/8/2009 12:00

BAE Systems, Rolls-Royce, Cobham, QinetiQ, Thales, EADS and Senex met ministry officials last week to be briefed on Britain's UAV requirements. The Times has spoken to several of the participants and understands that the MoD's priority is to develop medium altitude long endurance (MALE) aircraft, capable of spending a day at heights of up to 60,000ft, providing ground surveillance and airspace monitoring. In addition, the MoD will continue to invest in a research programme headed by BAE into an unmanned combat aircraft called Taranis.

The ministry has also told the defence contractors that they must work together to ensure that all UAVs use the same ground stations and analysis equipment to prevent costly duplication.

In Britain, BAE, Rolls-Royce and QinetiQ are developing Mantis as their offering in the MALE UAV sector.

[dynamic2005] 10/8/2009 11:05

It's a good well run profitable company with incredible IP some of which will undoubtedly have potential for wide spread utilisation beyond current application........and when that starts to happen the share price could jump to a multiple of current levels........that's one of the reasons I took a position recently and am looking forward to a healthy return over the coming years.

[jab118] 09/8/2009 14:42

A positive move to the upside on Friday, can't see why this could well recover in share price from here.

[aishah] 07/8/2009 16:23

Director buy of 16K @128.5p today

[dynamic2005] 07/8/2009 07:12

Don't forget...........

"Over the past few years QinetiQ has been investing in those segments
of our businesswhere we see the strongest demand growing well
into the future. Our US business has grown in five years fromnext to
nothing to be on the verge of overtaking our UK business in revenue
and profit. This has been achieved by building a first-class US
management teamand conducting a targeted and disciplined
investment campaign aimed at specific hot spots in the enormous US
defence and securitymarket. Previous acquisitions in vehicle robotics,
mission systems and systems engineering have delivered handsome
results in the year just concluded. Ourmost recent investments have
targeted intelligence systems and cyber defenceswhere we foresee
very substantial increases in demand as governments'attention
switches tomore domestic concerns."

• Group revenue up 18%to £1,617.3m
(2008: £1,366.0m) driven by organic
growth1 of 7%

• Underlying operating profit up
22%to £155.0m(2008: £127.0m)

• Operating profit up to
£131.5m(2008: £76.4m)

• Underlying operatingmargin increased
by 30bps to 9.6%(2008: 9.3%)

• Profit before tax up to £114.0m
(2008: £51.4m)

• Strong underlying operating cash
conversion of 105%(2008: 77%)

• Underlying earnings per share up
18.7%to 15.9p (2008: 13.4p)

• Proposed final dividend per share
up by 11.3%to 3.25p per
share (2008: 2.92p per share)

• Order intake in the period up 25%
to £1,596.0m(2008: £1,277.1m)
providing enhanced backlog.


Future outlook

Despite the difficult circumstances, this has been another good year
of all-round progress for the Group.We have achieved good organic
growth, have continued to transition our UK business and strengthened
our offering through targeted acquisitionsmade during the year.We
have improved operatingmargins, generated strong cash flow and
won new contracts in growthmarkets. These results demonstrate
the strength of our operations.
We have started the newfinancial yearwith a further strengthening
of the Group's presence in North America through the acquisition of
Cyveillance, Inc, a provider of onlinemonitoring technology to identify
and track data in cyberspace. This acquisition should complete in June
2009, following regulatory approval. The reshaping of the Group for the
future also includes a programme of disposals fromamongst our large
inventory of technologieswhere others have themarket reach to capture
more value thanwe readily can. As part of this,we have completed the
part disposal of our investment in Cody Gate Ventures and recently
signed a disposal contract for our Underwater Systems Business,
together generating £37mof proceeds.
Our confidence in the future prospects of the Group is reflected in
today's announced 11.3%increase in the final dividend for the year,
subject to the approval of shareholders.

[jab118] 07/8/2009 00:22

kb .. don't worry mate, I'm sure there's a few watching these at the mo.. stick your hard hat on and hit the trench, or stick up your snorkel if your in deep water..

[nemesis toad] 06/8/2009 18:40

Price down again today. Qinetic has a service business and has had for years. It was not very interested in it before and rumors existed that it wanted to sell out. It is not a strategy but force of market driving reductions in all else they do . Be ware

[kb1066] 06/8/2009 18:24

Solid company with a strategy which drives addtional revenue streams through service provision makes me think the current pricing is unjustified. Rolls Royce RR. have proven this approach works by diversifying into services too.

Im in.

[nemesis toad] 05/8/2009 16:47

OK so research customers are leaving , product revenues are dropping, contracts are being cancelled, US drops as Obamha sues for peice, lets see we should be a service company. A few heli upgrades will save the day? O, the traing contract is delayed again? Staff are not happy about no pay rise. All safe and sound then?

[ohisay] 04/8/2009 16:14

INSTANT ANALYSIS: QinetiQ IMS highlights the seasonality of the business
4 August, 2009 07:27:59 AM

That's the verdict of Credit Suisse, which still rates the stock outperform with a 200p a share price target. Broker says net debt has come down and is better than expected. Reckons orders are back end loaded and will flood in during the second half.

[nemesis toad] 04/8/2009 11:54

The slo down in TSG products said to be temporary will turn in to be permanant and UK decline will continue .. QinitiQ cant make product

[crystball] 04/8/2009 08:04

Ticking down at the moment :-(

[leaderzzz] 04/8/2009 07:46

i read it as a positive statement, nict little tick up today..

lee

[dynamic2005] 04/8/2009 07:08

No surprises....and focus on services and solutions going well.


"The transformation of the business away from pure research to services and
solutions continues, as evidenced by the GBP26m DSALT (Distributed Synthetic Air Land Training) contract win announced in May and other opportunities for the
provision of technology-based services and life extension work."


"Overall, our strategy of focussing on services and solutions for the defence,
security and intelligence markets will continue to provide us with good
opportunities for growth and the Board remains confident in the future prospects of the Group. Whilst the temporary slowdown in TSG product orders will cause our H1 revenues at constant currency to be similar to the prior year, we continue to anticipate that this effect will ease in H2. The outlook for the year remains in line with the Board's expectations."

[dynamic2005] 03/8/2009 16:38

wb2, just sold an apartment in London and added a chunk of Qinetiq + Autonomy + GSK + AZN and a little bit of D1 Oils to my portfolio........good to see you on board as well.......makes me feel even more confident of the upside here.

Hoping to see us do well here to add to our success with BTG....

[warrenbuffet2] 03/8/2009 14:26

bought a block on fri...133.75p.....what you doing here D2005?