Given it is IR material Gallium Antimonide I would look to someone more like Flir but you could be right with Raytheon. |
Still down on day with good news.
What would have happened if they said they lost a contract of $5m. Probably would have halved the share price.
Cruel and illogical markets. |
Tough sector or limited demand for current product range? |
Todays response to the contract news shows that it is going to be a long turnaround and will take some large revenue wins to shift the dial.
Let’s hope we get some info on the Taiwan this year, IQE need to future proof themselves for a very difficult economic environment as well as a tough sector.
Doesn’t help that AIM market is shot too |
Very naive. Release an RNS trumpeting a measly 6 million order over three years after the recent decimation to shareholder equity. The market has given its reaction. Why don't they just shut up and start to do some business. |
Lts and load of .. your posts are neither informative nor interesting so please don't throw stones from your closh. I for one am happy for any understanding into what is going on so please Sweenoid and others don't be put off and post away. |
sweenoids post is informative - and appreciated by many of us who read this board.
Why don't you try it for once. |
LTS - ok then - in the great scheme of things, sweenoid’s post is neither significant nor a reason to be cheerful. Better? |
He said significant, not reasons to be cheerful. |
crosswires - sadly, the fact sweenoid has posted is unlikely to have any bearing on the share price.
In fact, most of the time when he was posting more prolifically with green ticks and read-across research that never read across, the share price went down.
So just the one reason to be cheerful so far methinks! |
Significant things often come in threes…
1. Good to see a post about new revenue, even if it’s not enough to really alter the share price just yet.
2. Sweenoid has posted, first post in many months.
3. TBC! |
Martin McHugh, chief executive at CSA Catapult, said the creation of the new semiconductor design centre was a "significant milestone" for the UK semiconductor industry
He added: "Through the joint venture, we can address the semiconductor skills gap and strengthen the UK’s leadership position in chip design. It builds on the success of the compound semiconductor cluster in Wales and will create new opportunities for the entire UK semiconductor ecosystem.
"There will be new career paths for graduates of electrical engineering, computer science, and physics. With the support of Cadence and Welsh Government, the new centre will create international partnerships and further investment to the UK." |
Almost certainly Raytheon and BAE Systems for those interested. |
 Hopefully will move the share price …
IQE plc
Cardiff, UK
24 March 2025
IQE secures $5.8m Infrared customer commitments
IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, is pleased to announce that it has secured $5.8m in purchase orders for the provision of epitaxial wafers and base substrates from two long-standing Infrared ("IR") sensing customers.
The orders will enable a wide range of IR detector technologies and key sensing applications across the industrial, aerospace and security sectors. These commitments are the largest purchase orders to date that IQE has received from these two customers and underscore strong growth within the IR sensing market. They include:
· A three-year long-term agreement which includes a first-year binding purchase order commitment of $1.7m for gallium antimonide (GaSb) epitaxial wafers, and research and development.
· A $4.1m purchase order from an existing customer for the delivery of antimonide substrates into 2026.
These new commitments underpin confidence in management's 2025 financial plans.
Jutta Meier, Interim CEO and Chief Financial Officer of IQE, commented:
"These commitments underscore a growing demand for advanced infrared technologies and the strength of IQE's IR product portfolio. As a pioneer in antimonide materials technology, IQE continues to drive innovation supported by long-term customer relationships, developing high-performance platforms that are expanding into mass market applications |
I note both the high voter acceptance and a 46% voter turnout in the GM which I suppose is par for the course as 18% odd of the votes were participating in the deal. |
Assuming their Taiwan IPO timetable is still on course, we should have news within the next 2-3 months:
“The IPO will be a two stage process, with the initial phase of listing on the Emerging Market Board expected in H1 2025, subject to usual regulatory procedures and requirements.”
Mind, this pre-dates their announcement of a strategic review. So they may now be looking at other options & timeframes.
Either way, they need to get a move on as funds are getting tight (yet again). Convertible loan note financing is conditional on the passing of resolutions at this Monday’s General Meeting. Without which, the company would - in effect - be insolvent:
“The directors of IQE independent of the Proposed Transaction, believe that successful completion of the Proposed Transaction is required to maintain sufficient short-term liquidity whilst the Company completes the ongoing strategic review.”
Here’s hoping common sense prevails at Monday’s 10.00am meeting then. |
I am but that wasnt me - honest.. |
A 500,000 buy at 12.90p at 15:21:14
and then another
500,000 also 12.90p at 15:28:11
and share price up to 12.90 v 13p
Someone is accumulating at this low price |
Good to see is already on the move up 12.84 v 12.94p, from the lows of the day |
Another way of looking at her
At a tight spread 12.62 v 12.68p |
Signs of it have reached the bottom for the moment being and wants to bounce back
5 days chart |
So do net curtains! |
this share does have some big swings...
blimey |
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