IQE

Iqe Plc

20.60
-0.95 (-4.41%)
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 Shares Traded Last Trade
  -0.95 -4.41% 20.60 6,578,187 16:35:04
Bid Price Offer Price High Price Low Price Open Price
20.50 20.60 21.35 20.05 21.35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic Components, Nec 167.50 -74.50 - - 165.53
Last Trade Time Trade Type Trade Size Trade Price Currency
16:38:24 O 320,000 20.386 GBX

Iqe (IQE) Latest News (3)

Iqe (IQE) Discussions and Chat

Iqe Forums and Chat

Date Time Title Posts
07/6/202314:17New CEO, new hope, new start for IQE in 20222,830
04/1/202311:05IQE - THE ONLY WAY IS UP!!.64
11/11/202216:42IQE's time has come - 2017 and beyond!36,722
17/10/202207:50IQE - Time to get back in after results?27
31/5/202211:20IQE - TURNED A CORNER, SET TO RISE29,628

Add a New Thread

Iqe (IQE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:38:2520.39320,00065,235.20O
15:35:0420.60200,14441,229.66UT
15:30:5820.38500,000101,875.00O
15:29:5520.553,000616.50AT
15:27:1820.501,000205.00AT

Iqe (IQE) Top Chat Posts

Top Posts
Posted at 06/6/2023 09:34 by crosswires
It’s like when the original iMac was released back in the days for a todays money equivalent of $7000. It’s not really for consumers right now but for developers. and as you say early adopters. It’s more about what it can become in 5-10 years, when it’s a pair of glasses and not clunky. The demos I saw offer some compelling tech for workflow and immersive entertainment BUT it’s not going to help the IQE share price in the next few years that’s for sure!
Posted at 05/6/2023 10:16 by longtallsally
Having just completed season 4 of Succession I hope that Americos 3x revenue by 2027 comment isn’t seen the same way as Kendalls Living + presentation and his rather ambitious growth targets! At the moment even 0.5x would be acceptable.

IQE are now essentially betting on GAN for the turnaround but the GAN market CAGR is 20-30% over the next 5-6 years so I am not really sure how Americo came up with this number apart from a la Kendall picking out a very large impressive number from thin air!

Still with the share price so low it’s on balance worth leaving the money here for the long term to see if they can get back to growth and finally get over the £200m year target we thought they would have done a few years ago. Even that with some small profit by 2025 would see the share price back to 40-50p.

Posted at 02/6/2023 09:20 by lord loads of lolly
I may well be wrong, but my reading of the latest EFH margin call is that it merely reflects a decrease in IQE's share price. So Drew's obliged to bung more shares in to stick to the terms of the original agreement. Personally, I don't think it sheds any light on whether the share price will be closer to 43.96p between now & when the EFH scheme ends on 5 Aug 2024. More than happy to be corrected though, providing you can substantiate of course!
Posted at 01/6/2023 10:25 by fuji99
To refresh one donkey's memory, if he has one of course: Between 2002 and 2010 IQE share price was hoovering between 5p and 18p. Why won't we see a repeat of the same dance from now on then ? The next leg down to reach 10p will happen when the exponential losses are confirmed. Then stagnation forever, then a new CEO to trumpet a new story for the idiots then ultimately down the drain. The only problem is that the Chinese cannot even buy it due to so many political restrictions.
Posted at 22/5/2023 15:19 by sweenoid
Having listened to the webcast and considered the success of the placing and its necessity , I am far less depressed with the situation.

Just a few titbits- Americo mentioned a new senior hire in the webcast and a little research shows it is this guy

hTtps://www.microwavejournal.com/articles/print/31858-peter-rabbini-promoted-to-vp-of-the-rf-business-at-globalfoundries

That’s the 3rd very senior hire Americo has made from his former company Global Foundaries, not sure what they make of it as they are a partner/customer of IQE. By the way the headcount at IQE has reduced by 1% in the last 6 months for those interested. IQE have attracted some very serious, experienced and successful people in the last 6 months, they have left very well paid very secure jobs to come to little old IQE , that in my mind is a positive.

Americo and Tim Pullen were very diplomatic about the UK £billion for the semiconductor sector but its great to see IQE making real efforts in the USA especially in the North Carolina facility to court the local politicians in order that they support IQE’s CHIPS application,that facility will focus on GAN and it would be very beneficial if the USA government funded job growth and technological advances out of the USA emphasising of course IQE’s global footprint- with that in mind

IQE was delighted to attend last week's North America Semiconductor Conference. Americo Lemos, CEO of IQE, participated in the government-level roundtable and stressed the importance of compound semiconductors to provide ultra-high performance and power efficiency. Without compound semis, there will be no intelligently connected, low-carbon world.

The event was run by the Semiconductor Industry Association (SIA), and co-hosted with Arizona State University. It included government, industry, and academia leaders from Canada, Mexico, and the U.S.

NASC aims to strengthen the semiconductor supply chain and boost competitiveness. North America currently lacks a compound semi pure play ecosystem – and IQE recognizes the importance of creating a pure play fab and ecosystem.

Brian Schoonover, IQE VP US operations, and Travis Jones, IQE Head of Global Trade Compliance, attended and participated in workshops at the event.

I was absolutely astounded that no mention was made ofthe patent litigation against Tower at the results or webcast,not a single question from the analysts about this important matter- it’s costing IQE ( and Tower) a fortune in legal fees, it’s definitely going to be a question I will ask at the AGM, even if it’s brick-batted because of NDA.

S

Posted at 19/5/2023 09:23 by lord loads of lolly
crosswires - who knows where IQE's share price is heading. If we did, we'd have all sold out before 17th May's RNS! As an existing holder who won't be adding, I hope you're right that "IQE couldn’t beat this year's horrible results on the downside in 2024". Only problem is, we've been saying that for quite some time now. IQE themselves no longer claim to be "THE leading supplier of compound semiconductor wafer products." That suggests they've lost market share & helps explain why margins are so low. If you're a market leader like Apple, you've plenty of pricing power & can justify a premium. IQE isn't any more. In fact, I'd question whether they ever were - except in their own heads.
Posted at 03/5/2023 09:42 by longtallsally
It’s funny it was mentioned by some a while back that Richard Griffiths large investment was somehow an indication of how the IQE share price was about to go places. Seems he is as clueless as the rest of us when it comes to IQE!
Posted at 06/4/2023 14:22 by tomduck
I will sign off until further specific IQE news drops with a positive note. I filled my ISA allowance with IQE although it’s not yet showing on the chart.

I believe at 25p it’s sufficiently low enough that in worse case two years it will have doubled. The chart history tells you what will happen eventually but I do think there is some doubt as to whether IQE has a plan it can make work to see the share price back above the £1 level, so it will be critical to exit if there is any hint or suggestion of bad news (post share price recovery) instead of what many of us have been guilty of which is somewhat passive investing.

Note to self: The lesson to take from the recent past is this is not a buy and tuck away share.

Best wishes for Easter and the near term, hopefully in May we will fill in some of the blanks from the TU

Tom M

Edit: Trade now shown on chart!

Posted at 05/4/2023 17:44 by guildedge
So worst case scenario sales don't bounce back in H2 and the new contracts don't come through or are delayed.

IQE build up debt. If the banks don't think IQE will pay back the debt they may decide to cut them off at which point IQE might need to raise money. Or someone buys them out for a fraction of the share price.

Last indicator was that management still believe that their master plan will work.

So do you invest now and believe the story and take a big leap of faith. Or do you wait.

The share hit 25.3p 2 weeks back. So 24.7p is not a huge leap from that. I figure if a major fund wants to dump it's shares here like Shroder did then 15-20p is very possible. At present there is a daily 2-3m churn of shares. So a big holder could clear 1-2m shares a day and the market would not notice. 6 months later IQE would update the shareholders page and we would find out. How willing are Lombard to mop up more sold shares here? Even they must look at the current situation and think do we stop?

I really don't expect any great news for a month or so. The closing statement for H1 will tell us how grim it was. 2-3 month wait for that.

Posted at 24/3/2023 07:13 by crosswires
From Kuo the number 1 industry source this morning, which may help IQE share price Let’s see…

“IQE is set to replace Landmark as the exclusive supplier of epi-wafer for proximity sensors in the iPhone 15 series. While all iPhone 15 models adopt a similar Dynamic Island design as the iPhone 14 Pro, the difference lies in the placement of the proximity sensor. In the iPhone 14 Pro, the proximity sensor is located under the display (outside the dynamic island). Conversely, in the iPhone 15 series, the proximity sensor is situated within the dynamic island, with almost no change to the Dynamic Island area.

Due to this change, Finisar (acquired by Coherent/II-VI) will shift to offering 940nm wavelength proximity sensors (compared to 1380nm for the iPhone 14 Pro), and the upstream epi-wafer supplier will transition to IQE.“

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