Good morning,
I am back from a brief trip to Hamburg.
I had a look at the Tesla (TSLA) store in Hamburg’s most prestigious shopping district, surrounded by jewellery stores. I’m not surprised that it’s still open – walking away from that lease at short notice might be tricky! (I am short Tesla.)
Companies reporting today:
IQE (LON:IQE)Science in Sport (LON:SIS)Tasty (LON:TAST)Alpha FX (LON:AFX)Cheers
Graham
IQE (LON:IQE)
Share price: 83.4p (-4%)No. of shares: 778 millionMarket cap: £649 million2018 Full Year Results
I still don’t feel like I understand what “VCSEL” wafers are all about.
Where I do feel confident is in my ability to read financial results from companies. Today’s results are consistent with my previous impression of IQE.
Revenue improves marginally to £156 million. This is still a weak number in terms of asset turnover – compare it with average assets being carried during the year of c. £350 million.
Stockopedia includes three of the major efficiency ratios on the StockReport. These…
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
