will Qinetiq be a good investment ?

Rhino666 · 30 January 2006 at 10:43AM

Qinetiq shares are being floated soon but the general public will not be able to take part.
Does anyone have an opinion as to whether this company which is valued at over a billion pounds will be a good investment for the institutions that will end up buying all the shares.

EdInvestor · 30 January 2006 at 10:48AM

But the general public will be able to take part now, as a campaign has been successful

Contact Hargreaves Lansdown if you wish to apply for shares.

www.hargreaveslansdown.co.uk

Moorepart · 30 January 2006 at 3:06PM

Interesting articles in The Times few weeks back,did you see comments about civil servants not having managed the business very well - it has been starved of funds / loss direction - current owners are only floating 20% this time round.

http://business.timesonline.co.uk/article/0,,9067-1983062,00.html

http://business.timesonline.co.uk/article/0,,9067-1983170,00.html

One floatation not to be missed???:D

iamchrisli · 30 January 2006 at 11:42PM

EdInvestor wrote:

But the general public will be able to take part now, as a campaign has been successful

Contact Hargreaves Lansdown if you wish to apply for shares.

www.hargreaveslansdown.co.uk

Hargreaveslansdown's min purchase is £2500.
If you just want to invest little in the share market, try Halifax IPO, min purchase is only £250
http://www.halifax.co.uk/sharedealing/ipo/qinetiq/qinetiq.shtml

If you already have Halifax sharedealing account, your application can be deferred to 8-Feb
http://www.halifax.co.uk/sharedealing/ipo/qinetiq/qinetiq2.shtml

jonesMUFCforever · 31 January 2006 at 12:17AM

will Qinetiq be a good investment ?

Well it certainly was for the management!!
Being a bit of a cynic I would advise you to be cautious with all of this talk that it was sold to the management on the cheap- any free publicity is good publicity but had you heard of this before this month? I hadn't and the aggro in the papers will only fuel an initial buying frenzy which will push the initial trading price up but IMO in short term not many small shareholders will make a lot of money on it.

Rhino666 · 31 January 2006 at 10:10AM

Thanks for the replies. I heard on working lunch that a couple of brokers were attempting to act on behalf of their clients but that there was no guarantee that these applications would be successful. Hargreaves want to charge a £15 fee whether the application is successful or not and then the shares will be kept in a special nominee account and could be sold for 1%, maximum £50 commission. Just had a quick look at the Halifax and they would appear to be far less greedy with no initial charge and much lower commission if sold online.

I'm tempted by this one but there are a number of associated issues that are slightly offputting. With my record on share dealings over the last 10 years I really ought to forge ahead with this one as my gut feelings have historically been completely wrong :-)

al_yrpal · 31 January 2006 at 12:16PM

Anything sold by the Government is always sold off too cheap

Rhino666 · 31 January 2006 at 1:41PM

'Anything sold by the Government is always sold off too cheap'

.....Not sure if British Energy and Railtrack shareholders would necessarily agree :-)

will Qinetiq be a good investment ?

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free