Now in free trade
What are peoples thoughts on the company
I bought in mostly for the solar and gallium nitride exposure. Plus the sterile nature of fabs seemed quite attractive a few months ago.
I forgot this was on FT.
Peel Hunt forecasts an adjusted pre-tax loss of £6.6m and a loss per share of 1.7p in 2020, v. £7m and 2.4p in 2019.
So things are heading the right direction.
I’m not sure what role IQE will play in the UK 5G rollouts, maybe someone technical can comment, but a lot of people on other forums seem excited about that.
Which other forums? I’d be interested to read more about this.
Not the best design or even discussion, to put it politely.
The advantage the US and UK have is China is the mass producer of cheap electronics and will have to purchase chips from or IQE or Qualcomm for example which are made here. There are very fast new protocols involved in WiFi routers, mobile chips and satellites and ‘western’ chips are more advanced. The main barrier is the trade war between the US current administration and China, as not only are Chinese companies blacklisted but we are also forbidden to fill those orders.
I see, thanks for these insights.
Would you say it’s best to stay away from this stock for now, until we know the outcome of the 2020 US presidential election?
Hard to say. Trump makes very strange trade decisions, but Hong Kong is a real problem if the US wants to impose sanctions. It’s a riddle