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IQE Trading update - as cheap as chips?

Tom Winnifrith
Wednesday 24 July 2013

Shares in semiconductor wafer manufacturer and supplier IQE plc (IQE) have offered a volatile ride since I tipped them on my Nifty Fifty website at a 28.5p offer price in December – hitting 36.5p in January and February before falling back, particularly following some (what look misguided) competition concerns to commence the current month at just 18p. However, they have since recovered strongly and have nudged further higher today to 26.75p-27.25p on the back of a bullish update. They are still cheap.

I say that notwitstanding the fact that the PR bird for IQE is uber prudish Kay Larsen of College Group who thinks that I am a pornographer obsessed by sheep shagging.  Kay confuses goat milking with sheep shagging. She needs to get out more...

Anyhow, back to IQE who are based in Wales where no-one has ever molested a sheep.

on Shareprophets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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