Iqe Share Discussion Threads

[sweenoid] 29/3/2017 17:28

BINGO will be the word if I am right- the phone comes out in April meaning production has been in full flow for months, will add a premium % to our photonics revenues, as its a new and lucrative form of income which WILL be replicated by everyone else.

time and unfortunately not IQE (NDA++) will tell
S

[hammerd2] 29/3/2017 17:05

Then, BINGO ! 🤑

[twatcher] 29/3/2017 16:59

AFAIK the new facial stuff using a sensor that can sense depth

[hammerd2] 29/3/2017 16:45

Isn't facial recognition largely done using spatial algorithms to calculate distances and relationships between identifiable features ?

3D images can be generated from multiple 2D images or video. An old business partner of mine had a little line in generating 3D models of ski resorts and accident sites using a minimum of 2 camera images - I think it involved parallax properties. Photogrammetry rings a bell.

[sweenoid] 29/3/2017 16:33

looks like the new Samsung phone has 3D sensing - I am watching the presentation, the new phone has biometric identification but more specifically FACIAL RECOGNITION as well as iris and fingerprint scanning.

As far as I aware facial recognition cannot be done without VCSEL technology and a lot of VCSELS are needed :-)

if this is correct - then its BINGO for IQE :-)$$$$$$$$
we shall see

[grity] 29/3/2017 16:22

Must be in the s8

[someuwin] 29/3/2017 15:17

All the header stocks got a quick surge.

[maxwellsdemon] 29/3/2017 14:14

This is the latest (UK) IQE patent application. The full patent application is yet to be published.

07 December 2016
(Journal 6655) GB1618024.2 Applicants: IQE Plc and Nanyang Technological University and Imperial Innovations Limited
Title: Photovoltaic Device
Date Lodged: 25 October 2016

[poombear] 29/3/2017 11:41

Just in case anyone might have an interest you can watch the live stream of the Galaxy S8 from 4 today via this link.

[crazycoops] 29/3/2017 11:30

Indeed! Do you think they will be able to mention their involvement (if any) once the product has launched?

[sweenoid] 29/3/2017 11:26

crazycoops, I think Drew was thinking along the lines of Sir Ian Richards

"Now you might very well think that, but of course I couldn't possibly comment" ;-)

edit- of course Samsung release their new S8 at 4pm UK time today, after the recent debacles with the Note it simply has got to be different and innovative, I cant believe they will beat Apple to 3D sensing ......but you never know, one thing is for sure is that's the VCSEL rich technology is coming and for us the sooner the better.
IQE like other IP companies will NEVER EVER discuss OEM details let alone facts about their customers ....customers!

S

[crazycoops] 29/3/2017 11:16

I have just been watching the post results interview with Drew Nelson on Edison TV (via Research Tree which requires a subscription) -

In the fifth segment he talks about VCSEL, how it supports 3D sensing (is this part of augmented reality?) and its use in the new generation of SmartPhones according to "lots of speculation in the media". I got the impression he was biting his tongue very hard not to mention the launch of the iPhone 8 later this year!

[adventurous] 29/3/2017 10:47

Yes I did watch that, very good.

[poombear] 29/3/2017 10:43

Not saying it will not happen, but I see no compelling evidence that it would be in the shareholders interest. If you watch the recent video, Drew Nelson explains the Capex for 2016 and what it should look like in 2017, and that estimate is £12m Capex for 2017. Dept will drop to £26.2m by the end of the year, £8.7m 2018, and will have a surplus of cash of £12.5m by 2019.
This is from normal operations without input of new revenue streams.

[adventurous] 29/3/2017 10:31

poombear - Good point - proves that reading the whole annual report actually helps - if only everybody did that!!

[big7ime] 29/3/2017 10:23

Well we will see, but I reckon a placing this yr
And possibly another takeover
Come on you know what these directors are like..

[poombear] 29/3/2017 09:51

Why would you want to dilute your shareholding when through operations iqe will have paid off the debt and have £12m cash by 2019 according to N+1 Singer?

[mr.elbee] 29/3/2017 09:29

cash generative? so pay off the debt? and buy with cash,not shares? hmmm!

[big7ime] 29/3/2017 09:05

Ipavlou it is far more likely they will have another placing, especially considering the price

[sweenoid] 29/3/2017 07:35

Translucent has been acquired from Australian company Silex, it's almost the 'deal of the century' :-) .its now inevitable that IQE will complete the purchase in 12 months time-the $5million can be paid in cash or shares- it will be shares, the dilution will be minimal because our share price will likely double by then ;-)
As part of the deal Silex receives a small royalty per unit sold

As for issuing shares to pay off debt when we are a highly cash generative company????? Are you bonkers?
S

[poombear] 29/3/2017 05:18

Iqe paid the 1st tranche with shares to Translucent, so I expect shares will be used. Translucent are happy they have more than doubled in value since they were issued to them last year.

[lpavlou] 28/3/2017 23:22

Given the recent share price strength, would it not be a good idea to have a rights issue to pay back all the debt and raise fresh capital to fund the Capex for the next couple of years? If the Creo technology works, then there's another $5m to pay Translucent within the next 12 months, surely better to pay in shares than cash.

[jugu] 28/3/2017 14:49

Do we know where from, like of skyworks currently source their filter base wafers from?

[poombear] 28/3/2017 14:47

Creo is quite nicely sumerised on the IQE website.
Apart from the performance benefits from CS materials cREO allows a similar cost point to pure Silicon as it can be produced on 300mm wafers.



Seems to be a lot of point scoring on this BB. I imagine a few of you have been irritating each other for some time ;)

[sweenoid] 28/3/2017 14:42

mea culpa ... GAN is definitely Gallium Nitride as I must have written hundreds of times on this bb, so kind of you to take your time out to point out my error.got CS conductor materials on the brain, also got germaniums in my garden ...or should that be geraniums ;-)
S