Iqe Share Discussion Threads

[beerbandit] 27/3/2017 08:52

Of course you've made a fortune! Thats why your still on here spouting absolute garbage.

[adventurous] 27/3/2017 08:52

ye2008 - net asset value per share 3.7p

ye2016 - net asset value per share 27.3p

[toptrump1] 27/3/2017 08:49

Jugo see post 27643 on the old thread, I have made a fortune from it so listen to an expert and you may learn something

[desperate dan] 26/3/2017 22:57

tt1 - I won't name you directly, I know you are likely being paid by the the number of responses you receive!

Your posts have no serious logic, have poor grammar and are incoherent.

If you are looking for income, then "could do better" would be the best assessment!

[jugu] 26/3/2017 22:46

Toptrump1 you've recently just appeared have you the balls to short the pants of this? I don't think so.

[toptrump1] 26/3/2017 22:09

The analysts have been good with the projections which call into question their recent price upgrades. IQE has always had some big new tech that they will hit the big time with only for it to come to nothing. And comparing the chart to fifteen yrs ago is imbecilec. Look at the cap ex over time, the huge dilution etc and go figure out if the co has made any money.
There are a number of small and med sized cos that exhibit the same chart this past six to 9 mths. This happens a lot in the stock mkt, certain pockets of shrs do well then it's turn for another. As iqe benefits from the latest "in favour" moment in its long chequered history, The game is guessing when the next fall (and they are harsh here) will come. Good luck. It's a gamblers share. Remember also they make the components which sell for a few pence and manufacturers are poorly rated. A p/e of 20 is high, especially as their product gets superseded so soon hence the cap ex and cap of intangibles

[toptrump1] 26/3/2017 22:03

Yump


"Its possible of course, that the price was deliberately being depressed previously to give an opportunity for stake-building. People who don't think that happens must be the same folk who leave their doors open for burglars."

Do you mind explaining that statement, not the part about burglars. I have seen others on other co threads say that but how would that work exactly? And if it were true here, surely a bid would have come in by now. It's up over 5x from the low recently.

[toptrump1] 26/3/2017 21:40

Boboty, iqe has some big new tech it says will hit the big time in next couple of yrs. the Switching mkt is what I think will be transformational here

They are low at present 35m. Can they make it 50m 100m ? Then the p/e can rise too with accelerating growth. A p/e of 70 isn't unusual for co with profits growing well. £50m x 40 is £3.5bn. A ten bagger from here. The game is guessing what the profits will be and when they will come. Good luck.

[boboty] 26/3/2017 20:49

Sheep herder iot will boost the demand for processing power cmos++ may help here; demand for input devices such as gesture recognition , photonics may help here; data storage GAN on silicone may help here and yes wireless connectivity will be required so iqe yet again may help here.

[panic investor] 26/3/2017 12:04

Cashpoint - trouble is Chelsea have got Kante instead of my side this year !

[poombear] 26/3/2017 12:00

SH, Mir

GaN on Silicon (Si) technology provides the technological improvement at a similar price point to LDMOS. NASDAQ listed MACOM is developing GaN on Si products for this market and has two customers currently in field trials stage. IQE is the sole wafer supplier to MACOM for GaN on Si. MACOM have quantified this as a $1 billion per annum market opportunity for them. We would conservatively expect IQE to receive c.10% of this market.

[cashpo1nt] 26/3/2017 11:49

spursspurs, Looks like we have football team in common too!May be our time has come on two fronts! As ever fingers crossed!

[sheep_herder] 26/3/2017 11:47

Mirabeau - I think that GaN customer could be Qorvo. Have a read of their last results conference call on Seeking Alpha.

I would think that, yes, IQE will need more fab capacity within 2-3 years but that won't stop the yearly tick on upgrading machines. It's a continual process of improvement. You don't maintain any sort of leadership if you slow down.

Edit: although the shipping Qorvo GaN products are on SiC I think. The transcript states their GaN revenue will be up 20% this year and significantly more the next.

[bobd29] 26/3/2017 11:01

Hi, sold half mine at 51p glad I kept the rest. Even so if you take say a 12-18 month view where do you see the share price ..perhaps £1.50+. So that still makes an investment around 60-70p worthwhile, with the prospect of a takeover premium?

[netcurtains] 26/3/2017 10:47

Having sold out at 51p - I clearly have lost the plot on this share and will not be able to buy back in any where near the current price range.

This will go for thousands of small investors in a similar position to me.

Its quite likely this company is now the play thing of day traders, momentum followers and "big players". Surely its too risky now for ordinary people like me who do not know much about electronics or day trading and do not have tens of thousands to lose?

[sheep_herder] 26/3/2017 10:41

Mirabeau - you're not the first to say it but can you explain why you think IQE have "almost completed its capex programme"? My view is that CAPEX will continue to grow at the current rate as a minimum and will more than likely increase YoY.

Look at any of the companies who are invested in making wafers or in fabricating IC's and you'll see a common trend. Every process node; every change in wafer size; every advancement in prototype machinery moving into production will require CAPEX spend.

Seconly, that article is a bit pants. Where in IoT wil IQE make any money aside from the wireless side? NB-IoT will be great as it will lead to more RF parts being required.

[mirabeau] 26/3/2017 10:25

This is from July 2016 but it highlights how important IQE now is and why it represents a possible takeover target:

It's a company that has almost completed its capex programme (the drain on its cash from capex is almost over and we should see cash balances start to grow) and so represents an off the shelf takeover opportunity

A weak pound makes, its pivotal position and its manufacturing expertise and capacity make it a possible target

*

Epitaxial semiconductor wafers supplier IQE (IQE) is a technology company with a low rating and strong growth prospects from new product areas. It would require a significant investment to replicate the production facilities that IQE has in the UK, US and Asia.

The interim trading statement confirmed that revenues and profit will be higher in the first half of 2016 thanks to a strong performance from photonics, which along with other newer product lines has offset the lack of growth in wireless.

IQE will be an important component supplier for the Internet of ThingsRevenues are currently dominated by wireless, where the market has suffered a dip in recent times.

This is still a growth market, as newer phones include more chips, and the other parts of the business, which are at an early stage, will accelerate group growth. Importantly there is spare capacity to cope with growth.

IQE is, and will be, an important component supplier to high growth areas, such as the internet of things, medical technology, energy efficiency, including solar and LED, robotics and unmanned aerial vehicles.

[spursspurs] 26/3/2017 10:14

Yes agree, definitely feels better on both fronts!

[cashpo1nt] 26/3/2017 10:04

spursspurs, Looks like we have football team in common too!May be our time has come on two fronts! As ever fingers crossed!

[spursspurs] 26/3/2017 09:58

Cashpoint, ive done the same but was also selling and buying up to £8 and back, am ok with it all, also have an average of 18p and resisted selling any on its recent dip to 46p helped mainly because i was on a flight back from America :)

[sailastra] 26/3/2017 09:48

Makes sense to me...The green horizontal line at current levels is a resistance line, when that is overcome it sets up the next rising trend line (pink)...once that is overcome we can look for the next resistance level which you have noticed but in any event horneblower has identified a reasonable target 30% above current levels..... Try to remember we have already come a long way in a short time. One step at a time suits me fine...

[fullbright] 26/3/2017 09:37

The Special One is adopted lol