focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIQE Share News (IQE)

Share Price Information for IQE (IQE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 32.25
Bid: 32.10
Ask: 32.25
Change: -0.05 (-0.15%)
Spread: 0.15 (0.467%)
Open: 33.00
High: 33.25
Low: 31.65
Prev. Close: 32.30
IQE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: IQE, IQGeo win deals; MPOF assets fall on Covid-19

Fri, 07th Oct 2022 21:48

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

----------

IQE PLC - Cardiff, Wales-based semiconductor wafer products - Enters into a partnership with MICLEDI Microdisplays focused on the large-scale commercialisation of microLED technology. Under the agreement, IQE will provide MICLEDI with a 200mm platform to scale and commercialise its augmented reality products to achieve high-volume production for red micro-LEDs. "MicroLEDs are the future of immersive display technologies and this agreement expands IQE's position in a market which is poised for multi-billion dollar growth across a range of end-market applications, including everyday consumer electronics," Chief Executive Americo Lemos comments.

----------

IQGeo Group PLC - Cambridge-based geospatial productivity and collaboration software company focused on the telecoms and utility industries - Wins a contract with a "major Dutch utility" firm that has selected its geospatial software to provide office and field access to its gas and electric network information. The overall software contract is worth EUR2.6 million as a subscription over six years plus an initial order of EUR500,000 for services. In addition, it wins a contract with a US-based fibre network operator worth USD2.8 million over 3 years for the use of the Comsof automated fibre planning software.

----------

Kape Technologies PLC - Isle of Man-based digital privacy and security business - Appoints Mike Truong as chief product officer of its Digital Privacy division with immediate effect. He was group head of product & analytics at Grab, one of Asia's largest and most successful technology companies.

----------

Kropz PLC - African phosphate developer - Makes first draw down from its bridge loan facility of ZAR126 million for an amount of ZAR60.5 million.

----------

Tritax EuroBox PLC - London-based investor in logistics property across continental Europe - Proposes to amend its investment management agreement with Tritax Management LLP to support its long-term strategic objectives. Includes a reduction in the base management fee to 1.00% on net asset value up to EUR1 billion and 0.75% on NAV above EUR1 billion for property management services procured by the manager to now be contracted directly with the company and, hence, fees relating to why such services will be paid by the company.

----------

Technology Minerals PLC - London-based company focused on creating a circular economy for battery metals - Says Global Battery Metals Ltd exercised its Leinster property option. The deal provides GBML with three staged options to acquire up to 90% of the property. It exercised the first option to to earn an 18% equity by spending up to EUR85,000 in expenditures on the property, separate from the license fees and up to EUR6,500 in connection with all such license charges by October 12, which it already did. The Leinster Property is located in Wicklow and Dublin and is focused on the exploration for lithium mineralisation within spodumene-bearing granite pegmatites.

----------

Parkmead Group PLC - Netherlands and UK-focused gas explorer - Says the completed acquisition of the Kempstone Hill Wind Farm has now been fully integrated into the company. The acquisition was immediately revenue and cash flow enhancing.

----------

Eckoh PLC - London-based secure payment and customer contact products - Expects order levels for the first half of 2022 to be over GBP17 million, more than 50% higher, year-on-year. Attributes this to renewed energy activity in the US. Says the performance is in line with its expectations for the first half and previous guidance. Plans to focus on "attractive sectors" which are suited to its model, technology, and product suite. Eckoh's order book strength supports its expectations of significant revenue and profit growth in 2023.

----------

Macau Property Opportunities Fund Ltd - Guernsey-based investment firm - Net asset value per share stands at USD1.25, a 21% decrease from USD1.58 a year before. Says return on its investments was hurt by changes in Macau's and China's political, economic and social conditions including the short and medium-term effects of Covid-19, as well as changes in policies of the government or changes in laws and regulations. Declares no dividend in the year, unchanged from a year before. As at June 30, gross borrowing stood at USD131 million, which translates to a loan-to-value ratio of 53%. Notes that outlook in the near term remains "challenging" with Covid-19 policies continuing to hurt the economy in Macau and investors' sentiment.

----------

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
16 Jun 2020 14:32

Tuesday broker round-up

(Sharecast News) - Big Yellow: Berenberg downgrades to hold with a target price of 1,050p.

Read more
16 Jun 2020 09:33

UK BROKER RATINGS SUMMARY: Berenberg Cuts Big Yellow To Hold From Buy

UK BROKER RATINGS SUMMARY: Berenberg Cuts Big Yellow To Hold From Buy

Read more
15 Jun 2020 14:02

Monday broker round-up

(Sharecast News) - Biffa: Citigroup upgrades to neutral with a target price of 210p.

Read more
15 Jun 2020 13:30

Canaccord ups price target on IQE

(Sharecast News) - Canaccord Genuity has upped its price target on IQE, after the semiconductor specialist reported a surge in first-half revenues and forecast a return to profitability.

Read more
12 Jun 2020 14:24

IQE Shares Rise 20% On Expectations Of Record First Half Revenue

IQE Shares Rise 20% On Expectations Of Record First Half Revenue

Read more
12 Jun 2020 10:55

UK WINNERS & LOSERS SUMMARY: Immunodiagnostic Virus Test Now For Sale

UK WINNERS & LOSERS SUMMARY: Immunodiagnostic Virus Test Now For Sale

Read more
12 Jun 2020 10:01

UPDATE 2-UK stocks end higher but log worst week in three months

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* UK economy shrinks by record 20.4% in April* London stock indexes log first weekly decline in four* Tech firm IQE jumps, expects to return to profit in first half* FTSE 100 u...

Read more
12 Jun 2020 09:12

IQE trades ahead of expectations despite Covid-19 risks

(Sharecast News) - British semiconductor company IQE said on Friday that first-quarter revenues were "slightly ahead of internal expectations" and Q2 trading was "strong" despite the risk of significant disruptions posed by the Covid-19 pandemic.

Read more
27 May 2020 10:29

boohoo Fires Back After Short Seller Alleges Misleading Free Cash Flow

boohoo Fires Back After Short Seller Alleges Misleading Free Cash Flow

Read more
29 Apr 2020 13:29

Wednesday broker round-up

(Sharecast News) - Cairn Energy: Berenberg downgrades to hold with a target price of 130p.

Read more
8 Apr 2020 12:53

Wednesday broker round-up

(Sharecast News) - Travis Perkins: JP Morgan downgrades to underweight with a target price of 920p.

Read more
8 Apr 2020 10:44

UK WINNERS & LOSERS SUMMARY: UK Insurers Fall After Pulling Dividends

UK WINNERS & LOSERS SUMMARY: UK Insurers Fall After Pulling Dividends

Read more
8 Apr 2020 09:43

UK BROKER RATINGS SUMMARY: Jefferies And Liberum Differ Over ASOS

UK BROKER RATINGS SUMMARY: Jefferies And Liberum Differ Over ASOS

Read more
24 Mar 2020 13:31

IQE confident in position after 'challenging' year

(Sharecast News) - Advanced wafer and semiconductor materials company IQE reported revenue of £140m for 2019 in a trading update on Tuesday, down from £156.3m year-on-year but in line with its November guidance.

Read more
24 Mar 2020 12:00

IQE Shares Jump 40% As Operations Continue As Normal Despite Virus

IQE Shares Jump 40% As Operations Continue As Normal Despite Virus

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.