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IQE – yet another profits warning? Told y’all: ouzo time!

By Tom Winnifrith, The Sheriff of AIM | Monday 18 November 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I lose count of how many warnings cash guzzling chip producer IQE (IQE) has now issued in its current sequence but, as I predicted, another one has arrived.  The worry must be now that iby Q2 2020 it will find itself right up against the limits on its new £57 million bank facility.

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