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
  -1.78 -3.52% 48.82 1,475,758 12:58:49
Bid Price Offer Price High Price Low Price Open Price
48.80 49.06 51.00 48.54 50.10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 156.29 6.75 0.13 375.5 387
Last Trade Time Trade Type Trade Size Trade Price Currency
12:58:46 O 395 49.0135 GBX

Iqe (IQE) Latest News

More Iqe News
Iqe Takeover Rumours

Iqe (IQE) Discussions and Chat

Iqe (IQE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Iqe trades in real-time

Iqe (IQE) Top Chat Posts

Iqe Daily Update: Iqe Plc is listed in the Technology Hardware & Equipment sector of the London Stock Exchange with ticker IQE. The last closing price for Iqe was 50.60p.
Iqe Plc has a 4 week average price of 40.86p and a 12 week average price of 40.86p.
The 1 year high share price is 99.60p while the 1 year low share price is currently 40.86p.
There are currently 792,827,091 shares in issue and the average daily traded volume is 2,662,519 shares. The market capitalisation of Iqe Plc is £388,485,274.59.
dockenfieldman: While it may be disappointing that IQE may not have won this particular order, the manufacturing of wafers over the next few years should be sufficiently large enough to ensure all players improve their revenues and profits which should enhance the IQE share price over the medium to long term. IQE have invested for the future and should provide all patient shareholders with the investment potential they have bought into. The pie should be big enough for us all.
aphrodites: Let’s post the whole of today’s RNS. Cardiff, UK 18 November 2019: IQE plc (AIM: IQE) the leading supplier of advanced wafer products and material solutions to the semiconductor industry, announces the following trading update for the full year ended 31 December 2019. IQE now expects to deliver revenue of between £136m and £142m, compared to the previous guidance range of £140m to £160m, including a forex tailwind of circa £3m. A mid-single digit adjusted operating loss is now expected resulting from revenues being slightly below the previous guidance range, additional one-off commissioning costs at the new foundry in Newport, general diseconomies of scale associated with operating at low volume in some sites and the inclusion of losses for the Singapore CSDC entity as announced in October. In Photonics, consistently strong 3D sensing volumes with the Company’s largest Vertical Cavity Surface Emitting Laser (VCSEL) customer have been achieved in H2 2019, underlining IQE’s lead position for epi-wafers in this supply chain. The Company continues to make good progress on a significant number of Android-related supply chains including two recently announced production qualifications. The market for Indium Phosphide lasers for datacom / telecom has remained weak but with signs of growth for 2020, particularly in Asian markets. In Wireless, there have been continued low volumes of orders and reductions in inventory by our major RF chip customers in the US, offset to a limited extent by a promising increase in production for Asian supply chains. IQE has qualified 3 tools, with 2 further tools in the process of qualifying, with a major Taiwanese foundry. The Company continues to make good progress on new product development in the areas of RF Filters and Switches for 5G. Since June, the Company has taken steps to reduce costs and capital expenditure as the infrastructure phase of capacity expansion has been completed. Capex will be towards the bottom end of the previous guidance of £30-40m and the net debt position at year end is expected to be between £15m to £20m, against increased debt facilities of £57m announced in June. The outlook for 2020 includes a seasonally weak Q1 and continued supply chain transitions in the wireless market. Beyond Q1 2020, IQE is cautiously optimistic about a return to growth, driven by expected content gains in an expanding market for 3D sensing, demand for GaN to meet accelerating 5G infrastructure deployments and expanding Asian market opportunities for both Photonics and Wireless products as supply chains continue to localise. Taking all of the above into account, the Company expects total revenue will return to moderate growth in 2020. Dr Drew Nelson, Chief Executive Officer of IQE, said: “IQE has experienced very challenging market conditions in 2019. Shortfalls in revenue relate predominantly to two major customers, with whom IQE is confident it has not lost share and who remain very well positioned for returns to growth in 2020. Indeed, the Company remains well positioned to capitalise on an expanding future compound semiconductor market opportunity driven by the macro trends of 5G and connected devices. In order to fully realise this opportunity, the recently announced Executive Management Board is already making good progress in driving the Company’s approach to increasing profitability, with specific responsibilities assigned for programs on operational execution, new technology introduction, revenue expansion through customer proximity and diversification, and strong cost management.” IQE will be holding a conference call for Analysts and Institutional Investors at 08:00 London time today. So, we are now looking for a revenue figure for the year at the lower end of the forecast expectations. This is not a total disaster as today’s fall in the share price indicates. But the CEO’s statement does raise a number of major concerns which we would be well advised not to ignore such as: (1) Shortfalls predominantly with its two major customers which Dr. Nelson can only state IQE is confident it has not lost share! Very dangerous to rely upon two major customers. (2) Dr Nelson states these two customers are well positioned for returns to growth in 2020. That is a statement every CEO can only hope will happen and cannot be relied upon. (3) IQE is well positioned to capitalise on an expanding future compound semiconductor market driven by 5G. Of course it is but what happens if the expansion is much slower than anticipated? (4) The Executive Management Board is already making good progress to increasing profitability by ………;. This is an obvious statement which any CEO will make but no more so than when there are worries internally that the company monthly cash burn is accelerating and there are not the profits to support it. The HSBC loan facility will have incorporated within the terms far more stringent requirements than the Board would wish to divulge. And at any sight the business is struggling the bank will tighten the purse strings and IQE will be driven into raising new cash. It is a well-known fact that cash burn always accelerates when a company is struggling and the market starts losing confidence in its trading expectations. So Sweeniod’s confidence in the management is now shattered. So is mine, but I was fortunate to have sold a large proportion of my holding when the share price recently broke 70p. I have today kicked out the rest. The “shorters̶1; are having a field-day with this share price and there is nothing the management can do about it as they have failed miserably to support and meet shareholders expectations. I shall look to buy shares in the low 40p’s but until then, and hopefully before a takeover, I shall sit back and watch its progress with interest. The share price has further to fall in my view.
sweenoid: It’s amazing how’s 90 minute walk about up the Skirrid and back and a long meditation can refresh one :-) I was asked “Thanks sweenoid. Given this apparently positive outlook & the recent share price upswing enjoyed by others in the sector, why do you think IQE's share price remains in the doldrums? “ My answer is brief, because I haven’t got a clue About share price movements so rarely comment on them ;-). What I will say is that IQE has had extraordinary bad luck in the last 2 years, CFO died suddenly, stopgap solution until Tim Pullen was appointed. Some of our major customers had changes of strategy and management ( eg Macom). The bottom fell out of our Indium phosphide market, Trump and tariffs , Lull in smartphone sales all round, Android slow to the party with 3D sensing , major geopolitical issues around China and the Huawei situation that majorly affected many of our key customers , the normal cyclical semiconductor cycle having a prolonged downturn.ETC ETC, ALL resulted in profit warnings with their obvious effect. I can’t think of any reason stated or otherwise that caused these problems that were directly related to poor management, indeed strategic decisions made in difficult times have all seemed to me to be completely sound! Also the new management structure looks excellent and refreshed. What I buy into is what is going to happen in 2020 and beyond, without being repetitive HUGE positive trends are starting to develop, in markets we supply, 5G, IOT, top the list with many others all in a sweet spot. If IQE’s share price can’t perform up to my expectations in a year that will inherently ( barring disaster of a geopolitical nature) be incredibly positive I will sell all my shares and move on :-) , quite frankly I do expect to be selling a lot in 2020 anyway but for a very large profit rather than just an exit, that’s the scenario I see but at the end of the day it’s the ‘market’ that dictates share price often based on sentiment and momentum. Each to his own, DYOR etc etc Time for a break from IQE, so I may be awol for a while, far more exciting things going on with my other big holding :-) S
jimboyce: Why isn't the IQE share price reacting to the Lite results?
mhassanriaz: It did touch 70p for micro seconds. Check on google and you will see high 70p and Low 62.15p. When you type in Iqe share price in google you will see a blue downward arrow click on that on the left hand side you will find quick lows and highs for today.
dockenfieldman: I can only offer my own personal experience of my 1st IQE agm. Considering the share price had been battered the previous week and to be honest, battered for the last 18 months since the highs of 180 p, I thought the directors made a considerable effort to engage with the shareholders present - there was hiding away or being shy, in fact they were engaging, frank and hospitable to the shareholders. I spoke to several other investors and they all seemed positive following the agm and factory tour and all indicated they would remain loyal to IQE and not sell at this time. Many of the shareholders seemed to be long term holders, some for several years and their loyalty would have been tested with the recent rises and losses over the past two years. I was impressed with the new chairman and CFO and believe they will add structure, experience and balance to the IQE board. I remain excited about the future and in particular, 5G, this should provide IQE with a massive opportunity to build growth, increase margins and revenue. 5G is not some future project but it’s happening now and should be beneficial to IQE sooner than originally thought. IQE are in a great technology space and are now in a position with its Newport site to increase capacity and scale and I remain confident that the share price will reflect the dominance of IQE in the near future. Good news over the weekend with perhaps an end to the Chinese, US trade war, may start the IQE share recovery. I went to the IQE agm to be reassured that IQE had a board, capable and energised to deliver shareholder value in a company which had recently been hit badly by a succession of bad news, profit warnings and adverse ‘head winds’. I drove home along the M4 much happier following my 1st IQE agm than my journey down in torrential rain.
mhassanriaz: Sweenoid. With Due respect thank you for advising where and how I should invest. Being an analyst I did like for like comparison from google finance on 30th APR. IQE share price was 79.65p and not 95p. We had 15p rise between 1-5th May. I hope you are now very clear what my comparison meant. Best MHR.
owenga: Another shocking day for IQE share price.FFS
regasclockwork: nickwild4 Mar '19 - 08:50 - 24888 of 24900 "What are your predictions for the IQE share price;" -End- Not easy nick. If these two "experts" - 'The Messiah' and 'Canaccord' [IQE's joint broker] can't get it right, what chance have we mere mortals got? Read on: sweenoid - 16 Aug 2017 - 06:50:03 - 4713 of 24857 [IQE 134p] Yesterday our joint house-broker Canaccord issued an updated share price target of 180p, its a short -1page, succinct and delightful read, .... they then make the startlingly obvious statement that FY 2018 will be AT LEAST DOUBLE THAT AND THEN SOME..., The other and perhaps more important key take away for me is that Conacord feel that a peer group methodology of valuation for IQE, is pretty meaningless. They believe the company could DOUBLE EARNINGS in 2019. It's obvious that my 'cheap as chips' price has to go up, my target remains 250p - CONSERVATIVE, but it's CHEAP AS CHIPS to 165p .... And I HAVE BEEN SPOT ON since 20p -End- Well, we all get carried away at times. Canaccord have since REDUCED their target from 190p to 157p, [still fabulous of course] and 'The Messiah' has since INCREASED his 'CHEAP AS CHIPS' to 185p. We 'MAY' get a new target price from the latter, but what it will be is anyone's 'GUESS'. "The share price will take care of itself" as Sir Hossein Yassaie once said and he was also 'SPOT ON'. I continue to hold - in case something 'suddenly' happens - like a takeover? GLA!
nickwild: Predictions What are your predictions for the IQE share price; midday and close 19th March and midday and close 20th March?
Iqe share price data is direct from the London Stock Exchange
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191212 13:13:50