http://www.qinetiq.com
Qinetiq was the uk governments top secret military research centre.. and floated early last year . They have developed a range of technologies many with commercial applications in addition to owning a plethora of intellectual property rights in a number of areas but alas it's top secret! However. I do believe that the hidden value of their IP is significant and I wouldn't be surprised to see them spinning off a number of new tech companies in the medium to long term - releasing alot of value.
The kicker is also that many consider the stock a bid target - when the governement sells or reduces it's golden share...
Chartwise - we have a low (all time low) at 160 and now what appears to be a higher low around the 180-83 mark so maybe just maybe we could get a trend going ???
http://WWW.bloomberg.com/apps/quote?ticker=QQ/:LN
I mentioned the hidden value of the their intellectual property and now we hear they are setting up a venture fund to develop and exploit it....... As an when they float of the constituent companies you can bet the prices will be a little flattering ........ creating oodles of value for shareholders ....
http://www.qinetiq.com/home/investor_centre.html
See under 3rd heading on right hand side.... Presentations.
Price still pretty close to 2007 lows..........within 5p!
You heard it here first......... possiblyhttp://www.monitise.com
Moni - very recent spin off from Morse. Company is into mobile banking or transactions using the mobile phone to make payments/transfer or check balances via text/sms etc...
Made lows under 13p some weeks ago and now seems to be on the way up.
-1 in 3 people in uk will be able to access mobile banking this quarter.
-they have a deal in US to take mobile banking to the Yanks ...monitise is the global leader in mobile banking.
We had the initial flurry to around 21p and are now in profit-taking move to set up the next upwave which will probably coincide with the launch of their service in the huge US
market......
This is the sort of sexy story which makes stocks go bezerk so on this pbk I will be buying in advance of what should be a media frenzy (amongst the tipsters anyhow)
D.Y.O.R