Congratulations to Qinetiq. A solid bet. Excellent products. Management only as good as staff. Staff very competent so will make management look good. management should not squander opportunity. Looks a good future.

How can the S.P. not respond to such a contract coup for QinetiQ? beating the likes of BAE for such valuable contracts surely must positively impact the S.P.

Be patient. QQ have a long way to run yet and there is a lot of good work in progress.

Good set of results

Labour to sell-off (almost all) remaining holding.
This company is really the Government research business (IMHO) and has a special position not enjoyed by other companies - so it's surprising the sp hasn't rocketed!

However, we must not forget the (US),Carlile debacle - wen't they sold a big chunk of this Brisith company at a price anyone would bite your hand off for? Why this wasn't offered to the Public I don't know - it was a done deal with Directors becomming very rich on paper almost overnight.

Am I wrong? - Answers please.

The Government is trying to raise money to pay for the Stamp-Duty fiasco ( that halted house-sales for a few months - Doh!). , , , and the 10p Tax grab ( aimed at the worst-off ).....and ( long-list here)!

It will be interesting to see if the Public gets a look-in. . . . . . . . . . don't be silly, this stock will go to party-backers, or maybe some trades union that's reasonably friendly towards Gordon . . . . can't be a long list, eh?

i don't know about all of the above but buying at 2.05 and already seeing a profit is happy days...

This hasn't really joined in the market rally over the summer.

Looks pretty good value having done a bit of research.

If defence budget is not cut and they gain new contracts, or another war starts it should fly up.

A tip by EK and a chart: http://uk-analyst.com/shop/page-article/action-article.show/id-130002538

QinetiQ upgraded to buy from neutral at BA-Merrill Lynch

This would affect QQ. adversely...


British efforts to tackle terrorism and radicalisation in Pakistan have been slashed by 110million due to a Foreign Office budget shortfall.

In an embarrassing admission, the Government yesterday revealed the vital cutbacks blaming the falling value of the pound for the decision.

It comes as Prime Minister Gordon Brown told MPs in the Commons that the crucible of terrorism on the Afghan-Pakistan border remained the number one security threat to the West.

Foreign Office minister Baroness Kinnock told peers at Lords question time last night: As a result of exchange rate movements, the FCO faces a shortfall in 2009-10 of an estimated 110 million; we estimate this shortfall will increase slightly in 2010-11.

'Programmes in Afghanistan in counter-narcotics have been cut, capacity building to prevent conflicts in Africa, counter-terrorism and radicalisation in Pakistan, the list goes on.

test

Test What ?

Good price now, get in before the septics invade Iran

Any views on these? They are obviously vulnerable to any defence cuts etc, but have recently agreed with unions the start of staff/pay rationisation.

Commenting on the union ballot on 28th June, CEO CEO Leo Quinn said, "This result is a credit to our
people in understanding the increasingly competitive nature of our markets.
Whilst this is only one step in a two-year journey, and it is too early to
quantify the impact, this agreement was integral to our plans announced last
month and will enable us to strengthen our UK business. Our priority is to
ensure that we retain the right expertise, flexibly deployed, to help customers
to derive value for money from their defence and security programmes."

Trickeling up they need a war somewhere

Defence research group QinetiQ axes 325 jobs as MoD cuts bite

Recent $2Bn NASA contract win encouraging

QQ. Qnietiq

Lovely breakout on the chart. looks
like another leg up. Fundys pretty
solid aswel, on a multiple of just
over 10 to 2013. very cheap.



QinetiQ Group PLC

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Broker Name Withheld 3
07-02-12 BUY 131.02 16.87 2.70 114.72 14.04 2.78
Execution Noble
09-01-12 BUY 109.00 16.21 4.00 100.00 15.09 4.00
Edison Investment Research
06-01-12 None 108.40 13.30 2.50 112.50 13.80 3.00
Investec Securities
07-12-11 HOLD 136.95 16.75 2.70 108.82 13.29 3.50
Evolution Securities Ltd
30-09-11 RED 107.00 12.90 2.60 114.00 13.80 2.90

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 121.99 15.98 3.03 109.10 14.12 3.31
1 Month Change 2.98 0.43 -0.08 0.84 0.02 -0.09
3 Month Change 17.09 2.69 0.24 0.32 0.54 0.19


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS -36.32% 124.24% -11.60%
DPS % % 8.96%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £167.70m £196.71m £181.74m
EBIT £96.30m £141.46m £127.92m
Dividend Yield % 2.13% 2.32%
Dividend Cover x 5.27x 4.27x
PER 19.99x 8.91x 10.08x
PEG -0.55f 0.07f -0.87f
Net Asset Value PS -25.27p p p

Hemscott premium.

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).

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.


http://www.thisismoney.co.uk/money/markets/article-2103384/QinetiQ-starts-tests-new-Boeing-737.html