Nelson is sitting on a nice profit on the 1.8 mil he bought around 95k .Will be interesting to see if he holds or sells before results.
Climb to results. ............. followed by drop and the iqe circus rolls on. (
It's been rising gradually. Looking at the graph it looks like it's about to hopefully break out of the 20s. I can't wait. Egg is about to hatch. All it needs is good news from IQE
They didn't last time when revenue for the first 6 months of 2014 dropped from previous years £63m to £52m. No such statement then! According to the Eddison report we should be looking at revenue this year of £112m compared to £126m the year before........ Revenue dropping but higher Eps of 2.2
As IQE has not put any statements out we can assume the results will be broadly in line with market consensus otherwise they would have had to update shareholders. On this basis we should be looking at EPS of around 2.2p - making IQE undervalued significantly based on PE of around 8. What will be more interesting will be seeing the update on forcast and of course solar.
It's near year end ,Have any shareholders any thoughts what to expect for year end results,I've been here for a couple of years and am now near my break even point of 20 p .So do I bail out or are we to expect good figures,Or will it be another disappointment .
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