ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

IQE Iqe Plc

21.00
-0.60 (-2.78%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Iqe Plc LSE:IQE London Ordinary Share GB0009619924 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.60 -2.78% 21.00 20.80 20.95 21.60 20.65 21.60 2,759,332 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 167.49M -74.54M -0.0775 -2.68 199.99M
Iqe Plc is listed in the Electronic Components sector of the London Stock Exchange with ticker IQE. The last closing price for Iqe was 21.60p. Over the last year, Iqe shares have traded in a share price range of 12.32p to 27.55p.

Iqe currently has 961,504,577 shares in issue. The market capitalisation of Iqe is £199.99 million. Iqe has a price to earnings ratio (PE ratio) of -2.68.

Iqe Share Discussion Threads

Showing 31176 to 31198 of 70400 messages
Chat Pages: Latest  1256  1255  1254  1253  1252  1251  1250  1249  1248  1247  1246  1245  Older
DateSubjectAuthorDiscuss
23/3/2017
16:52
sheepy- you and me have had some run-ins in the past but you have obviously declared a truce of sorts, "Thanks sweet lips" is perhaps overdoing it, but I get the message ;-)

that's a good question, I think it was indeed answered ( I asked- I DO know what to ask at AGM's). It seems clear that to increase capacity would likely mean an acquisition rather than building it.The board were unanimous in saying that they had no plans for another acquisition of any size- full stop.

what I would say is that the collaboration or strategic partnership with Bluglass Announced) is likely to be the way to go, perhaps including other 'partners', certainly for wafers used for LED lighting , Bluglass has a lot of spare capavity and one wonders whether they will indeed be the site for the 2nd cREO enabled facility. I would certainly favour that approach.



as for the chart- its quite frankly f+++++g awesome :-)
S

sweenoid
23/3/2017
16:49
Yep all the best :)
richardc77
23/3/2017
16:22
I can't help wondering whether our chartist and mathematically literate friend(s) still think this is a straight line price increase? Perhaps so, but increasingly difficult for the non-expert to see.
aimingupward2
23/3/2017
16:09
I love the market,not. There is never a happy medium! 16p MASSIVELY oversold. now much less than a year later MASSIVELY overbought. What has changed? Nothing. Stock is a 10-15% per year eps grower which would give a 13-15x per. This suggests 40-45p fair value. Having bought at 18p and sold at 46p I will wait happily until the next MASSIVELY oversold moment.

tks and good luck

prokartace
23/3/2017
15:55
Not a bad day - for IQE fans.
someuwin
23/3/2017
15:54
Lucas and top trump your efforts have been in vain. You can't argue with a wall of money who want in. I feel for those who set a stoploss before the results as most would have been triggered by the rapid fall just after. The automatic stop losses may even be the cause of the swing in prices. I look forward to iqe turning into a cash cow - or just get bigger
boboty
23/3/2017
12:24
Ah yes, the old weak-pathetic holder jibe certainly justify any purchases whatever the valuation or price and clearly present an excellent argument for buying.

btw
I think lily-livered is the correct term. Yellow-livered is not PC and nowadays the thought police are everywhere.

yump
23/3/2017
12:24
Oh what a surprise...;)
richardc77
23/3/2017
12:15
Forecast for 2018 is 3.4p hardly runaway growth
toptrump1
23/3/2017
12:15
Shorttermism!
panic investor
23/3/2017
12:13
Agree and always makes me laugh when the sellers continue to spout their useful information telling us all its over priced :)
spursspurs
23/3/2017
12:11
"....always pays to actually fully read an earnings report and buy when the yellow-livered brigade panic ;-)"

Well said sweenoid. I fully agree.

aimingupward2
23/3/2017
11:46
Thanks sweet lips. I also got some cheap shares on results day.

I'd imagine they're going to have to invest quite heavily in capcity in the next 5 years. Have they talked about how long they think the current capacity will suffice?

sheep_herder
23/3/2017
11:44
A new (recent) high @55.25p
skinny
23/3/2017
11:27
Put it in your diary sweenoid...

AGM: Tuesday 13th June (TBC)

someuwin
23/3/2017
10:32
Aah, the video. Thanks!
sheep_herder
23/3/2017
10:30
I think in the video presentation from last January 50% was mentioned. Not 100% on that.
poombear
23/3/2017
10:23
Can anyone remember where management have previously stated their current fab utilisation? I remember reading it somewhere but can't find it now.

The reason I ask is that as they start to fill that unused capacity, their profits will spike. The costs for running the fabs are fairly independent of utilisation.

sheep_herder
23/3/2017
10:19
Nice move.
someuwin
23/3/2017
09:11
Taking a very simplistic view and assuming photonics is the driver and other revenue and costs stay the same (whether potentially up or down)...

Adjusted profit from photonics rose from 27% to 30% of revenue, 2015-2016.
So assuming its geared, say 35% of revenue next time.

Assume revenue of 33mln ie. accelerating a bit.
So revenue would be 16mln - 22.8mln - 33mln.
(+42% - +45%)

35% of 33mln is 11.5mln, which is an increase of 4.6mln.

Stick that on the PBT and you get about 23.5mln PBT, which is around 3.5p per share earnings.

yump
23/3/2017
08:11
Great post.
someuwin
23/3/2017
07:21
Lots of detail here re Peel Hunt's upgrade:

http ://www.proactiveinvestors.co.uk/companies/news/175206/iqe-s-track-record-of-growth-will-continue-peel-hunt-says-as-it-upgrades-stock-to-buy--175206.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-363653-Daily+newsletter

"IQE's track record of growth will continue, Peel Hunt says as it upgrades stock to 'buy'
09:57 22 Mar 2017

Peel Hunt has upgraded IQE to 'buy' from ‘hold’ and raised the target price to 60p from 35p after the company impressed the broker with its annual results

The stars are aligning for IQE plc (LON:IQE) after the semiconductor firm reported full year profit and revenue growth, Peel Hunt said in a note to investors today.

The company yesterday reported a 16.4% increase in revenue for the year ended 31 December to £132.7mln, compared to £114.0mln the previous year, driven by growth in its photonics business. The group also achieved revenue gains in its wireless and infrared divisions.

Adjusted pre-tax profit increased 17.4% to £20.6mln from £17.6mln.

Peel Hunt upgraded the stock to ‘buy’ from ‘hold’ and raised the target price to 60p from 35p following the results.

“The tripling of the share price in the last year is justified by a reversal of the revenue decline in wireless and a 30% like-for-like increase in photonics revenue,” Peel Hunt analyst Andrew Shepherd-Barron said.

“We believe there is more to come from photonics, and with other big opportunities also making progress, several developments could be coming good in the next 1-2 years.”

The photonics business accounted for 17% of group revenue. Wireless, which represented 72% of group revenue, reported a 4% increase in like-for-like revenue following two years of volume declines as 2G products reached end of life.

Barron said the company’s 15% increase in adjusted fully diluted earnings per share (EPS) to 3.0p was ahead of expectations. Subsequently Peel Hunt has upgraded its EPS estimate for fiscal year 2017 to 3.1p from 2.9p and hiked its forecast for 2018 EPS to 3.4p from 3.2p. The broker said IQE’s track record of growth will continue into the future.

“IQE has now proven that its market leadership translates into profitable growth, with EBIT margins of 30% in Photonics and 20% in Infra Red, and there is no reason to think that if revenue takes off as we hope, it will not be sustained."

rivaldo
23/3/2017
00:38
As they say... show me the money!?
lucas5950
Chat Pages: Latest  1256  1255  1254  1253  1252  1251  1250  1249  1248  1247  1246  1245  Older

Your Recent History

Delayed Upgrade Clock