Soitec : first impression/first half results : does the future get nearer ?

Soitec published its first-half results, as of September 30th, which are, as anticipated, much in the red. Apparently fearless, Soitec's management sticks to its medium-term target, i.e. i) doubling sales and ii) be positive at the operational level at the 2015-2016 horizon. A bright perspective the stock-market seems to take implicitly into account, since the stock price, 2,1€, stands firmly above the July offer price (1,60€), and gives the company quite a respectable price/sales multiple at 1,8x: is the future getting nearer, after all?

See : Soitec_1ereImpression_OlierER_nov2014