Iqe Share Discussion Threads

[boboty] 07/3/2017 14:54

From the trading data I can see there are more buys than sells today and further volume is about half normal

[rivaldo] 07/3/2017 14:50

Good read across from Skyworks where two analysts have now increased their price targets, "citing a bright outlook for higher growth in 2017":



"Canaccord’s Walkley increased his price target by $9, to $105, citing the rosy outlook from last week’s Mobile World Congress. From his note:

Overall MWC meetings lead us to believe Skyworks is well positioned for strong trends throughout C2017 driven by strong content share with leading Chinese smartphone OEMs including Vivo, Oppo, Meizu, Xiaomi and Huawei. In fact, Huawei was Skyworks’ second largest customer during its December quarter, and our meetings with Huawei suggest a very strong long-term relationship with Skyworks for future high-end smartphones. We also believe Skyworks is increasing content with Samsung and is well positioned for content growth with new Samsung products ramping in the upcoming quarters. We believe other Chinese OEMs will follow Huawei’s leadership with increased RF content with an increasing mix of mid to high tier smartphones adding diversity/receive modules for carrier aggregation. We also believe Skyworks inventory situation has improved with the reduction of iPhone 6S inventory during the December quarter, positioning Skyworks for strong year-over-year growth trends in 2017. We now anticipate Skyworks will return to year-over-year growth with Apple (AAPL) and is well positioned for potential double-digit growth with the iPhone 8 during 2H/C2017.

Barclays’ Curtis boosted his target price by $15, to $100, citing his recent meetings with the company and its optimistic outlook for the rest of the year (and beyond). From the note:

In the near term, Mobile will grow low teens y/y as RF devices across geographies demand more connectivity content. In addition to gains at AAPL (getting “fair share” of 10-15% TAM increase) and Samsung (increased content in mid-tier phones), the company also highlighted the opportunity in China (exposed to 4G players growing 10%, less so 3G/2G players) with higher end OEMs like Oppo, Vivo and Huawei. Longer term, growth is expected to come from IoT (growing 15-20% yearly) driven by connected autos, factory automation and 5G (Broad Markets growing faster than company at higher GM). Operationally, SWKS is confident in hitting 53% GMs and returning 40-50% of FCF. There is an openness to return more cash to shareholders with M&A sounding less likely. Net net, SWKS is positioned for further growth and we strategically remain positive on the AAPL supply chain into the IP8 cycle.

Skyworks is up 0.8% to $95.68 in recent trading, and is up more than 28% since the start of the year."

[panic investor] 07/3/2017 14:36

somebody has been buying them !

[twatcher] 07/3/2017 14:29

JP morgan has sold 7.3M shares in the last 3 weeks, or about 9% of their holding.

13-Feb 81,300,209
7-March 74,053,319

[spoole5] 07/3/2017 11:59

Lots of chunky sells now, looks like people finally taking profits. Was considering topslicing but staying all in for results now.

[spoole5] 07/3/2017 08:31

Hopefully we can make a decisive move above 50p today.

[horneblower] 06/3/2017 23:21

With the NASDAQ showing a likely, temporary, pull-back of 2 to 2.5% it seems reasonable that IQE might take a similar breather. That would only suggest a retreat to around 47.5p so nothing major. Anyway, a healthy correction to allow for further growth to 60p.

[tomyumgoong] 06/3/2017 23:10

Ipavlou,I was thinking £88m for wireless, £26m photonics and I'll go with you for infrared and cmos, and I'll just stick with the £3.5m licensing we made in the first half. This gives my total as £130.5mI really must admit I don't know enough about how foreign currency impacts on the figures so I'll leave that to better people than me to advise! I hope we're correct and there's nothing nasty lurking in the closet that will jump out and kick us in the knackers, lol. Anyway, we'll all know soon enough! The important thing here is we are starting to evaluate and scrutinise the individual business segments, which is something we must continue to do.Peace all.........bedtime now!

[lpavlou] 06/3/2017 21:50

TomYum,
my prediction for the year end (ignoring currency movement)is as follows

Wireless £85m
Photonics £27m
Infrared £11m
CMOS £2m
Licensing. £5m

Total £130m

this is up £16m on last year. With the $ being 1.23 at year end, you can add £5m to these figures. if I'm right, then wireless will account for 65% of total sales, which is a huge diversification on where we were 2 years ago.

[dexter5] 06/3/2017 14:43

The budget is likely to kick start 5G in the UK which should give
a boost to IQE and there may be direct funding for research.
At some point there should be a contract for supply between Macom and IQE
A good time for all. Yehaaaa (Is that also taken Tomy LOL)

[someuwin] 06/3/2017 10:37

1.2m trade.

[poombear] 06/3/2017 10:36

Suspect it's around the CS conference which kicks off tomorrow. Note Chair...

[tonsil] 06/3/2017 08:42

SweenoidClues? Where?Please explain

[sweenoid] 06/3/2017 08:11

Results and the more important outlook statement 2 weeks tomorrow
I prefer to invest in stocks with better news-flow but IQE like IMG and others are restricted by NDA's
HOWEVER I do expect some nice news this week - the clues are there for Wednesday especially......
Later
S

[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..