Iqe Share Discussion Threads

[poombear] 30/1/2017 11:54

Get a real sense that Government, business and academia are coming together to try and build a new industry with this, interesting to see even without IQE involvement.

[sweenoid] 30/1/2017 08:50

I think the BBC report is a little confused, I have obtained the press release from Cardiff Uni and it's clear that this very welcome funding is aimed at the clean room at Cardiff Uni, it's related to IQE but it's more related to the UNI than the CSC or IQE although the connections are very very close :-)
Can't do a link to this so I will copy the English release, perhaps the most interesting and relevant comments are from the IQE CEO about the CS business itself
Sorry it's a large piece of text rather than an URL but needs must

£13m EU funding boost for Compound Semiconductors
Backing will help build and equip Institute’s clean room
A £13m EU funding boost to help put Cardiff University’s Institute for Compound Semiconductors at the forefront of 21st Century technologies has been announced by Finance Secretary Mark Drakeford [28.01.17].
The EU funding will help build, equip and run a state-of-the-art cleanroom at the new Institute for Compound Semiconductors (ICS), based at Cardiff University’s Innovation Campus.
ICS will turn its laboratory research into products and services by working with commercial partners to lead in developing one of the world’s key enabling technologies – Compound Semiconductors (CS).
Finance Secretary Mark Drakeford said: “Investing in world leading facilities so that academia and industry can collaborate and drive forward research in this sector will be an important boost to the Welsh economy.
“This EU funding will encourage high quality well-paid employment in the participating companies and the creation of spin-out companies, new start-ups as well as attracting innovative CS companies from across the UK and Europe, all adding to increased growth and prosperity in the region.”
Compound Semiconductor technologies underpin the internet and have enabled new emerging megatrends such as Smart Phones, tablets, and satellite communications. CS are created by combining elements to produce materials with physical and chemical properties that have wide-ranging technological applications.
Professor Colin Riordan, Vice Chancellor of Cardiff University, said: “This EU funding is a vital component in our bid to generate prosperity in South Wales through industrial innovation. By investing in high quality facilities and talented researchers, and by building long-standing commercial partnerships, Cardiff University’s Innovation System will help deliver prosperity for Wales.”
Dr Drew Nelson, CEO, IQE plc, said: "The role of compound semiconductors as an enabling technology for a wide range of next generation applications from high-speed communications to autonomous vehicles, is widely acknowledged worldwide, with major initiatives underway by blue-chip organisations, academic institutions and government agencies, particularly in Asia and the USA.
"In Europe, Wales is uniquely positioned with a critical mass of compound semiconductor expertise to exploit the enormous commercial opportunities that will doubtlessly be generated. Today's announcement of £13M investment by WEFO significantly adds weight and credibility to Wales becoming a global hub in this key enabling technology that will drive innovation over the coming years and decades."
The funding builds on long-running work between the University, IQE, Welsh and UK Government to develop a hub of CS expertise in South Wales, and includes awards of £17.3m from the UK Research Partnership Investment Fund and £12m from Welsh Government to support the development of the wider ICS facility.

S

[techno20] 29/1/2017 14:29

Good spot poombear - assume we'll get an RNS tomorrow. Never know, we might get Skyworks too. Always the optimist! Techno.

[prokartace] 29/1/2017 14:21

You do your research and I will do mine!

[shanieboy01] 28/1/2017 23:59

Tomyumgoong is correct. Nobody knows where this is going. All i can guarantee is it will fall back on results... iqe is totally unpredicabily predictable

[tomyumgoong] 28/1/2017 17:18

Let's be honest......none of you have got a bloody clue! Even a broken clock can be right twice a day! Lol

[yump] 28/1/2017 17:04

I know there hasn't been. That's not the point I'm making.

I curious as to why you didn't post a chart showing this potential for a correction back in August and particularly October ?

What is special about now, that warrants a chart mentioning corrections ?
You could post a chart every time any share has a similar pattern.
So what's special about this one ?

[prokartace] 28/1/2017 16:48

Wrong Yump there hasn't been a meaningful correction. My correction, if right, is a 20% from the peak one. This has not happened in the time frame you are talking about.

[lpavlou] 28/1/2017 12:32

Decided to top up my holding yesterday at 38p which is by far the highest price I've paid to date. I'll probably keeping dipping in on price weakness as I'm looking for 45p on the announcement of year end results. Big volume this week which is a bit unusual but assume there's quite a lot of PI's banking profits.

[horneblower] 27/1/2017 20:24

Done that.
IF it is going to break upwards (the chances for this pattern give it a 70% chance), then the time is likely to be between now and the clinch point, which I calculate to be mid March.

[yump] 27/1/2017 16:56

You're missing the point, which is that when a valuation is more up with events, the likelihood of a correction is much more likely.

So the posting of a chart at that point cannot prove anything about chart predictive accuracy, even if the price did correct. Because other factors are at work, other than just a chart pattern.

So to be consistent with just a chart view, August and October need to be included, when the chart was showing a similar pattern.

In fact, for it to mean anything at all in pure chart form, there needs to be a large number of similar chart patterns collected and correlated with what actually happens subsequently.

[prokartace] 27/1/2017 16:41

Yump there is a huge flaw in your argument. I DIDN'T post in August and October so my success rate would be all or none so stop assuming on my behalf. I have only said I am cautious. If we go to 32p I will be a buyer. In the meantime I have not sold.

Charts work unless a change in fundamentals occurs and in this case there is no change

[gnnmartin] 27/1/2017 16:40

And another, 2.6m at 4PM.

[horneblower] 27/1/2017 15:31

Interesting,
That's the second £1M trade that's gone through in three days. Both designated as "O" trades.
The one on Monday was a buy imo. This one that's just gone through could be either.
The way it hasn't moved the market suggests to me that it's a b&b.

[someuwin] 27/1/2017 15:27

Another huge trade.

[bobd29] 27/1/2017 15:16

Understand prokartace but unless you need to/intend to sell this year the question of short term fallback is a bit academic as I am confident that the results/ growth/ profitability this year will support a share price of 50p+ by the year end and still with a P/E ratio that does not fully reflect future prospects...at least they are my thoughts.

[prokartace] 27/1/2017 13:23

I am a little bit concerned about the share price short-term. Only for technical reasons. The chart looks to have 'topped' and showing classic signs of a correction after what was a pretty amazing rise from 16p to a peak of 42p in 6mths. Using fibonnaci we have a chance of support at 37p, otherwise we could be looking at 32.5p. If we hold 37p and bounce above 40p all is well for another up move but right at this moment I am very cautious.

[horneblower] 27/1/2017 11:26

The last great buying op imo.
Hoping to get some more today around 37.5p.

[grity] 27/1/2017 11:01

Another buying opportunity!

[taffy100] 27/1/2017 09:07

‘Great West’ region can make the UK a global leader, say Vice-Chancellors and industry leaders
26 January 2017

[rivaldo] 27/1/2017 07:24

Great info re VCSELs chaps, thanks.

Lengthy article about the "stellar" outlook for Skyworks FYI:

[lpavlou] 26/1/2017 21:49

Chaps, having clicked into the Optics website, I came across an article that Phillips Photonics were doubling up Thier VCSEL capacity at their manufacturing plant in Germany which would be complete at end Of 2017. Some of you nat recall we signed an initial 3 year supply deal with them back in October 13, which finished last quarter.All good stuff and should help us to keep the division growing at 50% this year and beyond