Iqe Takeover Rumours (IQE)

The old saying is"Never try and catch a falling knife" but if IQE has World leading Products and is according to experts below book value and the the board are looking to all options to optimise value,then a merger or Management buyout may well be on the cards.My favourite would be a Hostile Takeover to take out all the shorters in one fell swoop. Shorting is no friend of Long Term shareholders and should have been banned years ago in small cap Companies

Way below net asset value. Love to know the story behind the sudden/uncontrolled departure of the Lemon. If he wasn’t pushed then he hasn’t acted with honour. It has done us no favours and only makes iqe ripe for takeover by his previous employer Global foundry. I hope my suspicions are not correct because they will get a bargain at our expense. The next few weeks will be interesting. I don’t want any more exposure here but this is way undervalued and someone is going to make good money.

If a CEO does not come across as ambitious why would any funds back IQE? IQE has a history of stock building up in the channel. They can't control market demand. If the other markets do recover then that can help 2025 especially when GAN comes online. I assume they will use more than 2 machines? If they want to be a bigger global company maybe these new hires will help too. Least it's less scientists and more business people running IQE. I doubt they are sitting at desks twiddling pencils. I don't personally see a takeover coming. Unless Global Foundries intend to use IQE products wholesale? IQE burning through cash will put many off unless they want the IP. They could gut IQE and merge facilities. Would that be worth £200-300m? In any case I doubt IQE would sell for 30p. They likely see this as a 70p+ share in a few years. The semiconductor industry is still expect to grow hugely in next few years.

Crosswires- IMHO the likelihood of a takeover/buy out is remote, but not inconceivable. At the company’s current SP of c. 18p, 30p would represent a 66% premium, which is excessive. 30p would really only be feasible if the SP had already recovered to the low-mid 20p range. All largely academic for now, but you never know!

“I don't think you can blame Lemosâ€￾ Really? No one forced him to raise expectations with his preposterous revenue prediction, that was all his own work. It was impossible (at best, highly implausible) at the time he came up with it, downturn or no downturn. The rot started with Nelson’s hubris but so far Lemos has done little apart from saddle the company with a raft of very well remunerated former colleagues. For all our sakes I hope something turns up in the next 12-18 months to signal a change of fortunes, but for the life of me I can’t currently see what it might be. Even a takeover bid would barely see the SP crawl back to 30p.

List in Taiwan? Is that the same Taiwan that is under serious threat of Chinese takeover?