Qinetiq Share Discussion Threads

[mechanical trader] 20/2/2012 13:27

IG Index


Client Sentiment

LONG 95% of IG clients with open positions in this market expect the price to rise
5% of IG clients with open positions in this market expect the price to fall

[mechanical trader] 20/2/2012 08:23

Mentionned in the National Press
yesterday, please see post above.

[mechanical trader] 19/2/2012 19:11

Should help the share price

[zeppo] 19/2/2012 19:02

mechanical trader

Thanks for that!

We can look forward to the Finals with a little more confidence.


z

[mechanical trader] 19/2/2012 18:49

IN SUNDAYS FINANCIAL MAIL...today.

QinetiQ starts tests on new Boeing 737
By Tom Mcghie

Last updated at 5:15 PM on 19th February 2012

Britain's top secret QinetiQ defence company will this week start critical tests on the new Boeing 737 at its world-leading wind tunnel in Hampshire.

The success of the multi-billion pound Boeing 737 'Max' project depends on the outcome of four months of tests on its efficiency at take-off and landing speeds.High-speed tests will be done in Seattle.

The aircraft, which is due to come into service in 2017, is expected to be 12 per cent more efficient than the present 737. A new engine and wings with shark-like fins are set to make it significantly more economical to run than its rivals.

In 2004, Boeing agreed a ten-year deal to use QinetiQ's wind tunnels at Farnborough.

Scientists there have built a global reputation, having successfully tested Boeing's 777 series and the Dreamliner.

QinetiQ shares neared a 12-month high on Friday, closing at 148p.


Read more:

[wad collector] 17/2/2012 21:19

Good to see a 2 yr high ; I am finally averaging in the blue.I think I shall have to be patient here - £2 looks a long way off still.The p/e looks better than the yield - can't see it going much further in the next few months.

[pillion] 16/2/2012 10:18

They've tipped it again today

[mechanical trader] 13/2/2012 14:27

Yes tipped by Investors Inteligence today

QinetiQ (QQ/) - broke the 140p range resistance last week. This signalled that the uptrend is about to reassert, especially as this resistance is the major base ceiling (see right). We buy.



Portfolio Update

We open a long in QinetiQ (see above).

[zeppo] 09/2/2012 10:41

Still perky.

Up 3p earlier today.

z

[wad collector] 08/2/2012 16:49

2 yr high now.I'm holding.

[jon827] 02/2/2012 08:40

yes they all must use the same PR company's :) its not a good statement tho imo. if you were just looking at QQ. for the first time today would you buy in on what they said? i think it has a chance of getting to 150 but im not hanging around to find out

gl

j

[wad collector] 02/2/2012 08:34

Or are they just expressing the fashionable caution of this years interim statements?
Doesn't it just say they don't know what happens next?

[jon827] 02/2/2012 08:13

aye, sounds like they're saying austerity is only just starting

[typo56] 02/2/2012 08:10

Short term looks okay but isn't there a warning of a warning in there today? Feels like these have gone far enough for now.

[jon827] 01/2/2012 16:48

was this up with teh market in general or is there something good coming tomorrow :)

j

[zeppo] 16/1/2012 14:37

Military implications also mentioned in the complete article referred to above.

Laying of roadside bombs etc.

z

[jon827] 15/1/2012 18:35

How cool is that! Lol :)

[zeppo] 15/1/2012 18:24

From Mail on Sunday today:

QinetiQ tracks the rail thieves with secret boxes that can 'hear' crooks miles away.


Metal thieves who are disrupting rail services by stealing signalling cable are being tackled by QinetiQ, the company that takes its name from James Bond's gadget-maker Q.


Easy target: Britain's railways

The company has developed OptaSense, a technology that turns the fibre-optic cables that run alongside most lines into giant listening devices.
Any noise or disturbance within 11 yards of a fibre-optic cable can be detected, analysed and identified. So an operator in London could tell if someone was walking or digging a hole near a fibre-optic cable buried alongside a track in Darlington.

The defence technology company, based in Farnborough, Hampshire, has high hopes for OptaSense.

QinetiQ believes it will create 1,000 jobs over the next five years – there are just 20 scientists working on the project at present – but will also boost the firm's £1.7billion turnover by more than £100 million.

To transform the fibre-optic cables, which are used for communications, into listening devices, QinetiQ has invented two secret boxes.



Read more:


z

[wad collector] 13/12/2011 10:12

It is finally beginning to look like an upwards trend.

[zeppo] 09/12/2011 19:59

Out of the pound shop area.

Looking better.

z

[wad collector] 30/11/2011 13:32

2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Broker Name Withheld 3
29-11-11 BUY 125.00 16.00 3.00 113.00 14.00 3.00
Investec Securities
23-11-11 HOLD 109.38 13.40 2.50 103.99 12.64 3.25

[wad collector] 23/11/2011 08:31

QinetiQ Group plc

23 November 2011

QinetiQ Group plc

Interim Results for the half year ended 30 September 2011

Restoring Strength, Building Value


H1 FY2012 H1 FY2011 Change
Business Performance
Revenue GBP739.6m GBP864.9m (14)%
Organic change at constant currency (9)% 6%
Underlying operating profit* GBP82.6m GBP64.9m 27%
Underlying operating margin* 11.2% 7.5%
Underlying profit before tax* GBP74.9m GBP51.6m 45%
Underlying net cash from operations
(post capex)* GBP157.1m GBP149.9m 5%
Underlying cash conversion ratio* 190% 231%
Net debt GBP145.3m GBP327.0m 56%
Underlying earnings per share* 9.2p 6.5p 42%
Dividend per share 0.9p nil

Statutory Reporting
Operating profit/(loss) GBP79.7m GBP(24.3)m
Profit/(loss) before GBP80.5m GBP(37.6)m
tax
Earnings per share 10.2p (6.4)p


Headlines

-- Self-help delivering a stronger QinetiQ:
-- Group margin* uplift driven by UK Services and Global Products
-- US Services successfully integrated under new leadership
-- MOD customer satisfaction ranking improved from 17(th) to 3(rd) position over 2 years
-- NASA performance scores running at over 90%
-- Value being created:
-- Continued strong cash generation reduces gearing ratio to 0.6x (31 March 2011: 1.4x)
-- Underlying earnings per share* up by 42%
-- Board's expectations for the current year upgraded by approximately 20%
-- Low visibility and uncertainty leaves outlook beyond the current year unchanged
-- Payment of an interim dividend of 0.9p, reflecting confidence in the medium term

Leo Quinn, Chief Executive Officer said: "Rapid execution of our self-help plan is building a stronger QinetiQ. The Group is better focussed on delivering its customers' changing needs, and this is starting to come through in its underlying performance.

"The Board believes that, absent any material change in customer requirements, the Group will exceed its original expectations for the current year by approximately 20%, although market uncertainties mean that visibility beyond the current year remains lower than normal. Our confidence in QinetiQ's ability to build significant value over the medium term is demonstrated by the payment of the interim dividend of 0.9p."



At last - some positive news, perhaps the worst is behind QQ?