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IQE - Outstanding Recovery Buy

By Steve Moore | Wednesday 23 July 2014


Disclosure: I own shares in one or more of the stocks mentioned. 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.


IQE (IQE) has announced in a trading statement that revenue was lower but that “a combination of efficiency gains, economies of scale, and sales mix has improved profitability “in the first half of 2014 and that it “is confident that the group remains on track to achieve its expectations for the full year”.  On that basis the shares, at 20.75p offered, the shares are a buy.


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