Jack Diamonds
23 Aug 2017
Re: we're oversold Totally agree and so does Standard Life 5.12% and Deutsche Bank 5.82%Good to have these over the reporting threshold to see their next move. Divi in the bag, still on track for FY 17/18 Revenue & Profit. Order Backlog £2BN +. Reporting a "slow down in Orders" knocked the froth off but organic growth still expected this year. Mr Market confused........
valeite
17 Aug 2017
we're oversold Bloomberg reporting upgrades to QQ .this morning
LK Hyman
15 Aug 2017
Re: Ex Div today Jack,"Nice to see 7 different Directors buying in approx £240k at these SP levels."Meh. An average of only £30k-odd a head screams "chump change" to me. You wannae see at least £100k a head and preferably £500k a head before one can genuinely feel "Yes, these guys really DO believe in the company's prospects, so it is safe for me to commit some of MY spare change to this mob".LKH on the flybridge how 'bout turnin' Boscombe Down into a drag racing site at weekends?
Jack Diamonds
08 Aug 2017
Re: Ex Div today LKH,I think that approx 96%-99% of voters at the AGM agreed to re-appoint the Directors. From that I take it that Institutional Investors are reasonably happy.However, as you point out, 36% voted against the Directors Remuneration policy and 39% against the Group Incentive plan.Clearly, the notes of the RNS dated 19 Jul 17 show that the Directors still have some way to go to convince Institutional Investors!I am all for appropriate rewards and incentive's so long as they are structured fairly and we can see significant performance improvements.Just doing the "day job" does not cut it for me.That said........Nice to see 7 different Directors buying in approx £240k at these SP levels.They see the value.........
valeite
07 Aug 2017
at last..... an upgrade goldman sachs upgrades to neutral (from sell ) so perhaps the worst is over
Jack Diamonds
03 Aug 2017
Ex Div today Final Div of £0.04 for shares held today. Paid 01 Sept. Still can't believe the SP and neither can the Directors who were buying recently. Massive Order Backlog, 78% of guidance Revenues already confirmed for FY1718. "Slow down in Orders" over egged IMO. At these prices......a buy from Jack.
Ripley94
25 Jul 2017
Re: Re: Good directors Buys .Up from recent lows.
LK Hyman
21 Jul 2017
Re: Make your mind up QQ........ Tomhawbuck,To be fair to QQ, the first page of their website shows a woman employee getting a gong from Brenda in the Queen's Birthday Honours List, and a rather creepy photograph attached to a blog called "International Women in Engineering Day 2017" so mebbe the distaff side is beginning to be taken onto the QQ payroll these days.[link] on the flybridge
tomhawbuck
21 Jul 2017
Re: Make your mind up QQ........ Too right. I had to deal with QQ when they were on the point of being sold off by the government. They were run by a combination of ex-army and ex-civil service chappies (and I do mean chappies, I never did meet any females there). I did not meet anyone with any entrepreneurial experience or experience of running a small business. Doubt things have changed much.
LK Hyman
21 Jul 2017
Re: Make your mind up QQ........ Ripley,"You still sailing in this one"Yup, still here. I didn't foresee the big fall on the results and consider that it's overdone, so I shall continue to hold, albeit a bit ruefully.As someone else implied QQ does lack people at the helm with a sharp commercial mindset. The civil service attitude continues, which is a bit of a worry.LKH on the flybridge
Jack Diamonds
21 Jul 2017
Re: Mr Market waking....... .......and like a child and very confused. The drop of 80p from all time high is way over done IMO. QQ have reiterated guidance for FY18 albeit warned of order slowdown. Not a problem for Long Term Shareholders, who take this as a buying opportunity. Looking at the 5 year chart there has been similar periods of SP pull back, but the overall trajectory is upwards. When Goldman Sachs indicate a BUY, as they have done recently, Mr Market can let other participants in..........I'm adding on weakness. Jack---------- ---------- ---------- ----Defence and technology group QinetiQ’s shares dived almost 9pc on Wednesday after it warned of an order slowdown.In a trading update ahead of its annual meeting, the FTSE 250 business called the trading environment “dynamic” – especially in the UK after the snap election – with both “opportunities and challenges” that result in “near-term unpredictability of orders”.Investors took fright at the news, with shares in the company, which runs services such as missile test ranges and the test pilot training school for the MoD, suffering their biggest drop in almost a year to 250.10p. QinetiQ shares have tracked steadily downwards since hitting an all-time high of 319.7p in May.The update said revenues for the Europe, Middle East and Africa (EMEA) services business – which makes up almost 80pc of total sales – were “similar to a year ago” but cautioned that “orders have been slower than expected with some customer contract award decisions deferred or delayed”.The smaller global business was in a similar position but QinetiQ said despite the slower orders it still expected overall revenue growth during the year.QinetiQ repeated its warning that the Single Source Regulations Office, which aims to crack down on price gouging by companies supplying the MoD, “continues to present a headwind for operating margins”.The share price crash comes after QinetiQ shares surged more than 5pc on Monday, with Investec releasing an note the following day in which it upgraded the business from “Hold” to “Buy”, calling the share price weakness “unjustified”.In the note, analyst Rami Myerson said QinetiQ shares had “performed poorly since reassuring preliminary results in May, down 18pc and underperforming UK peers"."We see no specific reason given the contracted visibility in EMEA services for 2018 improving medium term outlook for Global products”.The sudden rise and fall of the shares around the release of the update has raised eyebrows, with some analysts describing it as an “over reaction”.According to the FCA website, there are no significant short positions in QinetiQ’s share
Ripley94
20 Jul 2017
Re: Make your mind up QQ........ Hi LK HymanYou still sailing in this one , i noticed it continued to do well after i bailed out , but has dropped well below now.
tradingup
19 Jul 2017
struggling held this for many years but despite its involvment in so called cutting edge technology seemsto be incapable of breaking out of its former public sector origins - probably due to former civilservants clinging on after privatisation.
Hawk Eye32
19 Jul 2017
Re: Mr Market waking....... Jack, think your post a little premature, not a good day sp wise why 9pc fall today. Did think a few weeks ago this was looking great when it got to £3.22, just goes to show there times when greed gets the better of us all!!!
Jack Diamonds
19 Jul 2017
Mr Market waking....... About time QQ had a SP lift. Volume of 8M yesterday with a 4% SP increase. Clearly Steve Wadleys 15k share purchase @ £2.61 gave the MarketSomething to digest last Thursday. A previously strong move over £3 to £3.22 when results were releasedDidn't warrant a drop back to £2.50 without associated news?Appears all good with Divi to follow soon. Not complaining.
