Iqe Share Discussion Threads

[tomyumgoong] 15/3/2017 10:44

There seems to be a lot of speculation by the chart shamans this morning as to whether this is a linear or an exponential chart pattern! Not being a chartist, I would like to ask 'what is the significance of either of these patterns'? It would seem the exponential pattern can rise and fall quicker than a brides nightie, but what about the linear? Any Chartists willing to share their alchemy?

[maxwellsdemon] 15/3/2017 10:39

hammered,

Drew Nelson's background was originally in photonics. The RF side presumably took off and dominated primarily due to the demand for mobile communications.


"Dr Drew Nelson has over 30 years experience in the semiconductor industry in a variety of research and managerial positions. Following a PhD in Semiconductor Physics, he joined BT Research Laboratories in 1981, leading the group responsible for the development of advanced optoelectronic devices for optical fibre communications. He subsequently managed the technology transfer from BT to Agilent for mass production. He co-founded EPI in 1988 (which became IQE...

[yump] 15/3/2017 10:37

So you don't like Scousers ;-)

[hammerd2] 15/3/2017 10:24

When IMG went on their acquisition rampage the hope was that the GPU business would support the emerging pillars until they eventually started contributing- even to surpass GPU revenues over time. It never happened, spectacularly so.

The IQE attempt seems to be working much better so far with photonics generating more and more revenue on the back of the 'core' wireless revenue with more streams coming online soon. All I'm after is confirmation it's still on track to keep me happy.

Apologies to anyone if my bugbear of disliking the misuse of mathematical terms has offended BTW. If it's any comfort I don't like it when a person's voice goes up at the end of every sentence either. Or when they say 'can I get a cup of coffee ?'

[fullbright] 15/3/2017 10:01

We need good results, which I think we will get, then a 9 month wind of takover rumour, to take us through to the winter olympics, where 5g will be talk of the town. This can carry the share price to four quid at these rates - enjoy the high days :)

[hammerd2] 15/3/2017 09:56

aimingupward - an almost perfectly straight line can be drawn through the share price plot. It's hard to imagine a line more straight than straight ! Hence the comment. About it being a really, really straight line. Not a bendy one.

[hammerd2] 15/3/2017 09:53

No advice taken. I'm well aware that straight line increases don't last forever and I'm more than capable of making my own decisions on that front. You have to be pretty jaded not to want to enjoy the good times when they come, especially after as long as most of us have waited with IQE.

But thanks anyway.

[toptrump1] 15/3/2017 09:47

Hammerd2 you haven't been around long otherwise you'd know that this chart pattern, call it what you like, doesn't last long
It will falter, the trigger prob the results, The shorters will arrive and bosh
Many just trade chart patterns which makes it self prophecy
Dyr on exponential, pendulum, supavova, Parabolic etc many names for it and decide at what point we are
Advice, don't commit too much on the upside as the big money is on the short side.

[aimingupward2] 15/3/2017 09:33

Irrespective of anything else it's daft, hammerd2, to say that in 20 years of investing you have never seen a more straight line. Where have you been?

[blueflame] 15/3/2017 09:24

Whatever type of line it is it looks bloody fantastic to me!

[yump] 15/3/2017 09:17

Is 'exponential' an alternative truth for 'linear' then ?
Its accelerated a bit from around 40p I guess.

Try sticking it on a log graph, which then shows you the proportional % increases, rather than the absolute.

Then we can have a debate about whether exponential means increasing % increases or just an increasing share price

Later buyers need a properly exponential chart just to get the same returns as earlier buyers.

[hammerd2] 15/3/2017 09:17

AlexisK at the risk of annoying anyone with my legendary pedantry maybe you should try a bit of reading about mathematical definitions.

Here is the share price graph since 1 August 2016.



A more straight line (meaning a linear rather than exponential graph) from start to finish I have yet to see in more than 20 years of investing.

FYI an exponential graph looks like a stood up hockey stick à la IMG shipment projections from a few years back.

Getting back to the plot (no pun intended), apart from how believable management statements about progress during the year are the results themselves will be fairly irrelevant in the scheme of things - although I will be chuffed to see good profits and EPS - but it's the forward statement that will set the tone for further rises. But I'm not going to guess at what this may be as we will know for sure in a few days.

[croasdalelfc] 15/3/2017 09:12

Bob-eps in 2015 was 2.6p

[big7ime] 15/3/2017 09:02

It needs to be, I thought 3.7

Richard Griffiths must be kicking himself having sold up under 40

[boboty] 15/3/2017 08:49

It was 3 p during year to 31 12 15 with interim well ahead of expectation and announcement 2 weeks ahead of year end 31 12 16 saying full year results materially ahead I expect earnings to be at least 3.6 and we may be surprised.

[lurki0] 15/3/2017 08:49

Looks like it's about to make the jump to light speed. 2m traded in opening 45minutes.

[alexisk] 15/3/2017 08:46

Anyone who thinks the share price graph hasn't taken on an exponential shape, going back to last August, needs to go to Specsavers

[someuwin] 15/3/2017 08:44

£1 this year at this rate.

[panic investor] 15/3/2017 08:36

Pavleu - markets being kind for your offloading

[croasdalelfc] 15/3/2017 08:36

With a 3p EPS expected then is 52p really toppy as some people say?3.25p EPS wouldn't surprise me

[ridicule] 15/3/2017 08:36

Keep the faith guys. This is was what they said in the December trading statement.

Since the announcement of its interim results on 13 September 2016,
IQE's trading has continued to be strong across multiple markets,
particularly in the photonics business. As a consequence, the Group
announces that it is on track to deliver FY 2016 revenue and adjusted(1)
operating profit ahead of expectations. It is anticipated that revenues
will reflect a double digit rate of growth year on year, and that H2
revenues will be up sequentially over H1.

I expect the results forward looking statement to repeat the positive year on year forecast.

[potential] 15/3/2017 08:36

60p before update easily!!!

[qs99] 15/3/2017 08:34

some real momentum here....

[lurki0] 15/3/2017 08:34

Crikey, over 1m traded in first 25 minutes. Buying now in big chunks at 53.5. Looks like it'll be a big day.