Qinetiq Share Discussion Threads

[wad collector] 28/5/2013 10:31

That is indeed an impressive dividend cover.They could quadruple the dividend and it wouldn\'t look out of place . But they won\'t...

[zeppo] 25/5/2013 17:44

From the ADVFN \'Financials\' above.

\'
.....
PE Ratio 4.81
Dividend Yield 1.05 %
EPS - basic 39.60 p
Dividend PS 2.00 p
Dividend Cover 19.80

........ \'

If they win contracts, looks too good to be true???

z

[zeppo] 24/5/2013 17:38

Two days before the results they closed at 2.08.

Disappointing!


z

[wad collector] 24/5/2013 11:32

They look strange results to me. Accounting can sometimes seem a mysterious art.

[huttonr] 23/5/2013 08:32

I'm still trying to understand the results but they look good on the surface - esp. the cash/debt change - there does seem to be a 'clear the accounts up to make a good results next year' flavour.

[simongn] 13/5/2013 18:08

Would be nice if today's +3% were a sign of good results ahead . . .

[zeppo] 07/5/2013 19:28

Why the fall today?

16 days before the Preliminary figures.


z

[wad collector] 07/5/2013 16:20

Sharp fall this afternoon heading towards my buyback level.

[simongn] 03/5/2013 14:02

Why the steep rise all of a sudden ? NFP ?

[duxy786_2] 02/5/2013 22:36

This maybe...http://www.wired.co.uk/news/archive/2013-05/2/comment-crew-plunder-qinetiq

[wad collector] 28/3/2013 08:35

Market looks unimpressed , but I must be missing something.

[zeppo] 26/3/2013 15:13

We are getting nearer to the Full Year figures, 23rd May 2013..

If the divi is increased I will be satisfied.

At least the share price has clawed its way back to the float price and a little more.

If the income looks like recovering then I believe it has further to go.

z

[wad collector] 26/3/2013 11:25

sp seems to be on the move again ; somehow cannot see this steaming ahead much further but I have sold a lot of shares too early in the last few months!
I think I will re-set my 215 limit sell .

March 2013
Investec 19/03
Reiterates
Hold
Hold
180.00p 195.00p
Barclays Capital 08/03
Retains

Equal weight

Equal weight
160.00p 190.00p

Sorry that has not pasted well , but investec a have kept their hold recommendation but raised the target from 180 to 195.
Which shows what a dubious thing broker targets generally are.

[wad collector] 12/3/2013 16:27

Going on a bit of a pre-close dip - perhaps I will be buying back in soon?

[wad collector] 20/2/2013 09:51

213p , I am concerned whether the market rise is going to sustain - moving closer to the sell button.
Just put a 215 limit sell in ; may be out too early but who knows.

[damanko] 12/2/2013 19:11

wad & zeppo - interesting discussion. I agree with both of you. Bought in 7 years ago at £1.60ish, and am minded to bank something now - while there is some profit to be banked. But the idiot in me may well hang on and see what the results bring, in terms of dividend and sentiment.

So, hello idiot............ (myself, I mean).

[zeppo] 12/2/2013 16:01

wad collector

Contracts and divis will send it one way.

Lack of contracts the other.

Perhaps I am naive but I hope that something big can come out of their R&D.

That is if they have not made the best scientists and engineers redundant.


z

[wad collector] 12/2/2013 15:09

You may be right , but I think the CEO will be waiting a long time.

[zeppo] 12/2/2013 11:29

wad collector

If the Full Year figures in May give a significant divi increase then I think this will motor on. If.

At a QQ.'leaving do' some time ago I heard mentioned that the CEO aims to get the share price up to the £4.00 region.

A lot has been done to 'lick this company into shape'. The former Civil Service culture(it was MOD before privatisation) was not conducive to competitive marketing/contract bidding etc.


Every CEO will be ambitious of course.

I am sticking with this and hoping.


15 February 2013 Interim dividend payment date



31 March 2013 Financial Year End



23 May 2013 Preliminary Annual Results



25 July 2013 Annual General Meeting



25 July 2013 Interim Management Statement



21 November 2013 Interim results


z

[wad collector] 12/2/2013 09:38

From last week

Interim Management Statement
Overall, the Group's performance during the third quarter was as expected and the outlook for the year is unchanged from that set out in the half-year results announced in November 2012.

Moving to a new 4yr high ; just in line with the market really. I am debating whether to take small profits and move on. Can't see it soaring , and there are better yields elsewhere.Or could just sell, sit and await one of its many retracements.

[wad collector] 01/2/2013 10:20

It isn't immediately clear whether the terms of the contract have changed substantially .
Looking at the share price movement today back towards £2 I presume that they have not.

[zeppo] 01/2/2013 10:11

'QinetiQ and MOD sign £998m five-year pricing agreement for test, evaluation and training support services

QinetiQ and the UK Ministry of Defence (MOD) have successfully completed the regular five-yearly review of the existing Long Term Partnering Agreement (LTPA) and agreed terms for the provision of test and evaluation (T&E) and training support services through to March 2018. QinetiQ is ten years through the 25-year LTPA contract which is reviewed every five years. As a result of cost savings and some minor changes in scope, MOD will pay £998m across the third five-year term of this contract.
...........................,,'


Worth sticking with this one.

z

[alphahunter] 25/1/2013 00:27

It feels pricey to me, with EPS consensus and price targets coming down, share price up, moving from a 8x 1YFwd EPS at the trough in November 2011 to currently about 15x.

RTN, GD & LMT reported yesterday and before fairly gloomy Q4 revenues although more bulli-ish on FY2013.

Stock is not shorted by anyone expect a small position by Blackrock.

Anyview anyone?
For future ref 185.9p

[zeppo] 12/12/2012 17:46

Drifting and not going ex divi until January - though that should not make a significant difference.

BA. much firmer.

z

[wad collector] 12/12/2012 16:27

Gone off the boil a bit recently ,I suppose the yield will now move to about 1.6% ,so it is not exactly a screaming buy,unless this is rated as a R and D type company. In the sector,BAE remains a more attractive option to me.