Iqe Share Discussion Threads

[rutter] 06/3/2017 08:10

Sky News reports that the chancellor will announce investment in 5G in the coming budget

[biglad1] 05/3/2017 22:19

as bob the builder says "yes we can"

[tomyumgoong] 05/3/2017 17:15

Having read the posts over the past few days it seems apparent that people are starting to get nervous with regard to the sp! Brokers( who, by the way, have NEVER been correct in the past 8 years here) are calling 50p as maximum......so what is correct?Well, FWIW, I think we are approaching 'fair value' with regard to the figures that we expect to be published in the next few weeks, however, if those figures exceed expectations then maybe there's more in the tank here!What I am looking forward to is the 2017 H1 figures, because, if we exceed H1 2016 then the share price could start motoring beyond the 60p mark. So the big question is can we beat those figures? Well, 2016's H1 figures for each of IQE's sales divisions are as follows:H1 2016Wireless £43,228m. (Can we beat this)?Photonics £10,705m. (Can we beat this)?Infrared £ 4,689m. (Can we beat this)?CMOS++. £. ,871m. (Can we beat this)?Licensing. £3,517m. (Not likely this year)Total. £63,010mI think we can beat this figure of £63m, even without any licensing revenue! This year wireless should increase due to new flagship smartphone models from both Apple and Samsung and Huawei joining the mix. Photonics seems to be on an exponential growth curve and the infrared division had some contract wins last year in H1 which should show up in H2 figures, which gives confidence going forward! If the share price can now consolidate, after H1 2017 interim figures, which should be July I think, could propel the share price higher still. There seem to be lots of positives this year from technologies using our wafers for various applications that were just in the development stages previously! I'm holding.

[tonsil] 05/3/2017 16:12

Watched Click from MWC. 5g was mentioned briefly but as yet there is no standard for it. Imho 5g is a year or two away as a growth driver. Fortunately DCI and photonics are more than enough.

[rhomboid] 04/3/2017 22:24

If Ennismore hold say 2% why have 1% short as a hedge? why not just hold 1% as a holding? I think it's almost certainly a short position they hold for reasons that we can't guess at, maybe it's part of a pairs trade with a US comparitor as a long to give a mkt neutral net position? Or just a pig headed Ennismore manager unwilling to throw the towel in until one of their better bets pays off to offset the loss? Who knows ..but at some point they'll buy back

[lpavlou] 04/3/2017 21:21

Big7, anyone who has bought in the last 3 years is sitting on a large profit. Us small PI's have zero impact on the share price as we don't even register on the radar, hence whether we're buying or selling, we don't move the share price in terms of Ennismore, they have to be holding the short as a hedge due a position which is just below the 3% level, otherwise they would have closed it out a long time ago.

[yump] 04/3/2017 19:10

Big7time

Is that intended to be ironic ?

[bobd29] 04/3/2017 15:29

Good spot, you would have thought ennismore would have closed this a few months ago...guess it is small fry to them, but you are right and at some point it will provide a good support base for a day or so.

[big7ime] 04/3/2017 12:13

In times like these I try to block out the noise from these threads which shout regret over misjudgement and dreamers with their imaginary huge holdings that pop up - that's a common theme on this site.

How reliable is the table of short positions on FCA website do you think as Ennismore have yet to close. They are seriously out of the money now, it's as if they have overlooked it. 1% of the co shrs need to be bought back at some point..

[sweenoid] 04/3/2017 10:12

the Welsh 1st minister Carwyn Jones and his entourage (Theresa's equivalent here in the Principality) went on a trade mission/ Wales publicity jolly, call it what you want last week, he actually rang the opening bell at Nasdaq on St David's day and promoted Wales to the Americans

EDIT - my original link was to a visit in 2015! This link is to the 1st ministers visit this week!





The Welsh Government as well as the British Govt has been massively supportive in terms of £ to IQE so their role should not be sniffed at

ANYHOW- THE POINT OF THIS POST is that Mr Jones visited the IQE facility in Bethlehem, Pennsylvania as part of the trip and commented 'Inspiring visit to IQE Pennsylvania – innovative Welsh company developing the technology to power the products of tomorrow'.

which is nice....IQE have a very large manufacturing prescense in the USA and employ a large number of Americans, Americans, especially the new president wants inward investment and as such I feel this visit with all the razzmanazz that would have accompanied it can do us no harm at all

just in case the newbies dont know the 'global' structure of IQE here is a map of the facilities, just in case you look for the Bethlehem site and cant find it- its under New Jersey ar*e ;-)

you will notice on the map the manufacturing centres in the USA, Britain, Taiwan (mainly lithography) and Singapore , you might also be interested in the SALES offices in China, Korea and Japan :-)

S

[yump] 03/3/2017 17:40

mr elbee

Can't say atm as everyone here drinks coffee, so there's a tea-leaf shortage.

[lord gnome] 03/3/2017 17:39

51st State by any chance?

[lpavlou] 03/3/2017 17:03

Chaps, contrary to some comments, I'm not a de-ramper and before today have not previously sold any of my positions. I do believe there is a huge growth story here but for me the share price is ahead of the curve. As I stated yesterday, the share price reached my target today, so I decided to close my position on 100,000 shares as I have a need for the money. I still hold a considerable long position and will monitor the situation between now and the results. The good news is that I have a habit of selling early and the share price keeps on rising, so fingers crossed this keeps happening !!!

[mr.elbee] 03/3/2017 14:40

when, yump, cos I want some IQE cheap? I had shed loads at 18 but dumped them for the banks that are now going to be haammered by an FCA witch for at least the next two years. Your advice always welcome.

[yump] 03/3/2017 14:02

spoole5

The p/e can be cheap or expensive depending on what case you want to make ;-)

I've lost count of the number of times that a trailing p/e is quoted with a bottomed out share price (presumably gloomy investors) and a p/e based on 3 years time is quoted when share prices are flying (optimism takes over).

The only certainty is that if a share reaches a p/e now, that's only reasonable based on a few years time forecast, its heading for a serious correction at some point.

[panic investor] 03/3/2017 12:45

Anything can happen when markets add 44% to a company that deletes photos after a few seconds and will never make any profits (by their own admission)

[spoole5] 03/3/2017 12:37

P/e of 10? Not seen any forecasts of 5p earnings for any of next 3 years. Although they could well guide upwards with results.

[big7ime] 03/3/2017 12:08

Was watching a US business prog late last night, was a well informed article on why the tech sector is going to boom this yr. of course the US always seem very exuberant to us cautious Brits.
What decent tech companies is the Uk left with these days?

[big7ime] 03/3/2017 12:05

Good step ups
Still cheap IMO, the p/e likely to be just 10 on figures, it can therefore easily double from here without looking too expensive.

[hammerd2] 03/3/2017 11:57

No, it's pretty much the textbook definition of a linear graph. It's a line.

[alexisk] 03/3/2017 11:31

The rise in the share price graph here seems to be turning from a linear to exponential shape. . .

[someuwin] 03/3/2017 11:29

60p+ by results time imo.