All Stories

IQE Plc – the Singapore joint venture implodes

Tom Winnifrith
Friday 11 October 2019

IQE PLC (IQE) has today announced that it is buying out its partners in a JV in Singapore. Quite simpoly this JV has been a financial disaster, not that this was ever reflected in IQE’s accounts.Now it seems to have imploded with IQE’s partners walking away. Amazingly the shares are up on the deal at 62p. This is madness and this remains a stonking short.

Filed under:

About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Recently Featured on ShareProphets
Sign up for my weekly newsletter








Required Reading

Recent Comments


I also read