Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Iqe Plc LSE:IQE London Ordinary Share GB0009619924 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.80 2.83% 65.40 65.10 65.65 66.00 63.45 63.70 12,712,912 16:35:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Technology Hardware & Equipment 156.3 6.7 0.1 503.1 521

Iqe Share Discussion Threads

Showing 32376 to 32399 of 33100 messages
Chat Pages: Latest  1300  1299  1298  1297  1296  1295  1294  1293  1292  1291  1290  1289  Older
DateSubjectAuthorDiscuss
10/9/2020
10:30
Qorvo is biggest single IQE customer. Makes a mockery of IQE's recent conservative revenue guidance. They would have been better not giving a forecast at all. Still for those that understand that increasing revenues at customers translates to higher revenue for IQE then it does present a buying opportinity albeit some patience is no doubt necessary before any payoff is realised.
rogerrail
10/9/2020
09:52
Nice. Qorvo's revenue projection for FQ2 has increased enough for them to post a PR upgrading their forecast. Wireless clearly selling like hot cakes. FQ2 results on 4th Nov. hTtp://www.semiconductor-today.com/news_items/2020/sep/qorvo5_090920.shtml hTtps://www.qorvo.com/newsroom/news/2020/qorvo-updates-financial-guidance-for-fiscal-2021-second-quarter No sign of any Covid downturn...
provonar
10/9/2020
09:49
Agreed Savvy some excellent posts today. Basically nobody knows exactly what will happen in H2 due to pandemic, US president elections, 5G roll out and any other unknowns? IQE’s report was very disappointing for those who trade IQE as a bullish statement would have meant quick profits and then perhaps move onto another stock. Long term investors perhaps understand that in the medium to long term IQE will do well as they are providing the tools for the IT and AI revolution during the next few years. I see in the short term the downside only modest while traders take profits gained while buying IQE during the COVID downturn but see the share price gradually rising with shorts closing and some general optimism for the December figures and smashing the cautious £165 m forecast. Nothing has really changed this week apart from the board providing a cautious prediction for full year revenues which against unprecedented times during a one in a hundred year pandemic is probably understandable. I would like to add my thanks to Savvy, Sweenoid and Monty in particular for their posts and although they are all very bullish they are also at pains to explain that all investors need to do their own research and it’s only their own opinion. I also thanks all other contributors for their insight and although I am personally bullish, I am grateful to hear other views on this board. Good luck all.
dockenfieldman
10/9/2020
09:08
Dave, Tom, Sweenoid, good posts, agree on mist things said today. I listened to the call late yesterday. My view is that they really have kitchen sink bad news on those numbers, likely already know this revenue is 100% safe with that said CFO also mentioned getting to same as first half or higher. I believe second half will exceed first half and he mentioned again the leveraged margin model, clearly stating this would mean this extra 15-25m would have very positive impact on earnings.(that I believe WILL happen, but that is my view based in my readings partner forecasts etc). Capital spending are tick over or linked to revenue. In summary I do expect the Jam, but as you say, we all want to see it...
savvy investor
10/9/2020
08:15
Dave, I think you are not alone from what I understand reading this board, a fair few invested higher than the share price is now. I have had that happen to me on other shares, happily I’m in lower here, BUT from what I have learned before your best course of action is either to sell out and invest in something you are more positive on or have a mental reset and be more balanced, for your own mentality ;) Yes IQE has been poorly managed to some degree, yes they have had some bad luck and do seem to struggle converting their leading position into higher margins BUT there are positives too. If I were as pessimistic as you, I would sell at least a portion of my holding, perhaps hold it as cash until a bargain comes along elsewhere, because in the next 12 months that is entirely possible. I think until Dec update there will be little chance of major upgrades to IQE share price and if they stick with their £165m predictions in Dec likely no major movement in 6 months. By then your patience will be even more stretched ;)
tomduck
10/9/2020
07:48
Sweenoid - Yes unfortunately my holding is still very significant. FOMO is probably a key reason I have stayed invested. Taking a little bit too much notice of overly enthusiastic individuals such as yourself is another and I don’t blame you in anyway for my decisions. You do a lot of research but generally you seem to ignore IQE’s terrible record when it comes to making decent profits. Generally speaking you paint a picture of jam tomorrow and sometimes tomorrow never comes. I appreciate that I have been somewhat harsh on the likes of yourself and Savvy but I think it is only reasonable to let new investors know that IQE’s track record is pitiful when it comes to making money.
dave_spencer
10/9/2020
07:16
Dave A simple question, a short answer required WHY are you still invested here? ( if indeed you still are). You implied in a past post that you have what many would consider a significant holding Just asking S
sweenoid
10/9/2020
06:47
Sweenoid - Managed sustainable debt in a business is not a problem. Constantly making a loss that is greater than the cost of the debt is a very big problem.
dave_spencer
09/9/2020
21:59
Edited Super post provo! For those inTerested here is the audio recording of the analyst presentation, not the greatest quality of sound but definitely worth a listen, some ‘interesting’ stuff in there hTtps://investors.iqep.com/media/1930/iqe-2020-interim-results-presentation.mp3 It would seem main reason for what I consider a very conservative outlook and revenue forecast is based upon the fact that Covid-19 could lead to lower sales of iPhone 12 than expected, and also for some reason that the 5G infrastructure rollout in Q4 could slow significantly. Obviously those are caveats. I think both highly unlikely ( especially the 1st! , so there is potentially a lot of opportunities for a significant upgrade In the forecast figures in December. I also feel much better about the cREO situation, whilst in effect in a worse case scenario, seemingly writing it off, they in fact have deferred expected revenues till mm wave 5G takes hold, albeit 2-3 years time, they have also identified BAW rather than SAW as the target market.before results I did not realise it was an audit/ regulatory requirement to state provisions and liquidity position in case of an Armageddon scenario, that they state as severe but plausible, in this Covid-19 world, so now understand why they did that too, very reassuring as IQE are almost 100% ( IMHO&DYOR) likely to be debt free anytime soon. ✅ S
sweenoid
09/9/2020
17:04
Cheers Lord. As far as the Translucent onerous contract position, sure, I'd also prefer IQE to be able to negotiate a more ruthless IP acquisition. But I bet it's difficult trying to take over IP without the seller getting various assurances - if only to stop the practice of buying up IP in order to make sure it never gets to market. The onerous provision has also clearly focused IQE's aim of getting a marketable product developed. They've discontinued other applications and are now fully targeted on filter development, where the greatest margins should come from. Some commenters have pointed out that IQE is run too much like a university department. So, this is a good example of them acting in the cold, best business interests of the company. The last thing I'd want to see is them frittering money away on a host of IP 'potentials', purely because they're not tough enough to decide that some are dead-ends (which is what a University Dept. would do, because that's what those Dept.s are for - blue-skies research without the necessity of a business case). So, the provision's not all bad. As for margins, indeed, I've posted the same thing previously. So many members of the supply chain have GPM around 40%, yet IQE is far below this level. Considering how Lumentum boast about the massive margin they sell to Apple for, it's a definite source of annoyance that IQE aren't making more hay before II-VI really gets up to speed. The move to 'materials-solution provider' shows some level of vertical integration being taken by IQE, which looks like a path to higher margins. Otherwise, with the gearing at high production levels also meant to produce higher margins, I'm worried about the level of visibility into IQE's production processes and capacity the big customers have - they'll use this knowledge to keep IQE's margins low when re-ordering. There's now a lot riding on December - with both 5G roll-out and smartphone CS content increase both happening now, IQE have to demonstrate the execution of these into profits.
provonar
09/9/2020
14:57
dalep716 - the financials tell me all I need to know thanks. But again, good luck!
lord loads of lolly
09/9/2020
14:48
Savy and Sweeny just ignore these people as I'm sure you will, I personally appreciate all your inputs it's good of you all to take the time out. IQE have had their problems in the past but must be congratulated doing the business that's being achieved during Covid-19 there are to many people in our country who love to destroy any success, my only concern and has been for many years now is IQE needs a Sales Director someone whose responsible for Sales, Marketing and Margins its what I personally have done most of my working life, it is a skill that incidentally can be taught together with product knowledge. I've mentioned this to both Phil and Drew several times during AGMS with replies... we are working on it, still no-one in place frustrating I know................. However I'm confident that it will all come very good in the not to distant future so patience is a virtue during these ugly times.
1blazer
09/9/2020
14:48
Some shares make a mark on history, Avacta is such a share. Suggest you investigate if not aware. Dare I say it even at today's price, because tomorrow who knows ...
dalep716
09/9/2020
14:44
dalep716 - Boo possibly, as it's nimble & a huge beneficiary of the recent online shopping surge. But fashion brands have a nasty habit of going in & out of - er - fashion! So not without risk. Talking of risk - Avacta. Can't say I'm too familiar with it, so I could well be wrong. But looking at the financials, it strikes me this is little more than a binary bet on its efficacy (or otherwise) in the fight against Covid-19. A company that's been loss-making every year for the past 5 years, with a maximum annual turnover of £5.51m, paying no dividend and consistently making stonking losses isn't one I'd bank on for a prosperous retirement. Particularly when it currently enjoys an eye-watering market cap of £421m. But good luck!
lord loads of lolly
09/9/2020
14:19
My wisdom, invest in IQE but make sure you also are also invested in BOO and Avacta. Very best wishes for a prosperous retirement.
dalep716
09/9/2020
14:11
dave_spencer - I think you've been a little unfair. Everyone's entitled to their opinion and no-one else is obliged to follow suit. That's what these boards are for, to challenge &/or reinforce existing views. We all know sweenoid & savvyinvestor are optimistic about IQE's prospects and have done their research to support this. Equally, we know you're pessimistic - and you too have your perfectly valid reasons for this. Personally, I'm somewhere in the middle. I suspect at some point over the next year or two the share price will be higher than now. Hopefully significantly higher. There are sector shifts underway to support this. Equally, I don't believe IQE is undervalued currently, particularly as it would be susceptible to any broader correction in global tech stocks (despite not having enjoyed the rally). So I'm keeping my existing shares, but have decided not to add, even if the price drifts lower again. FWIW, my advice would be: by all means disagree with others' views, but try to avoid descending into mud-slinging. That just makes everyone more entrenched, so is self-defeating. End of lecture!
lord loads of lolly
09/9/2020
13:20
Spencer, I am very clear nobody should follow my advise or opinions, they re just that, you seem to have an agenda, I dont, I have my own money and pensions to manage and I share my views for others to read OR not. End
savvy investor
09/9/2020
13:07
Savvy ??? Investor. By all means row your own boat regardless of how many holes there are in the hull but please don’t try and convince everybody along with your Welsh forum mate Sweenoid that you have an absolute handle on what is happening with IQE because based on your most recent assumptions the two of you are nothing more than ramp merchants.
dave_spencer
09/9/2020
12:49
Dave Spencer, if you dont like what I write and believe then dont read it, filter me or ignore it. Sell your shares or short more, whatever you want to do and believe is fine with me, I follow my own advise only
savvy investor
09/9/2020
12:40
Savvy - Sweenoid Just how much utter drivel can the two of you write? The two of you have been hyping this share for as long as I can remember.IQE have had 2 months of real figures to assess what they can expect for the full year and because their projection doesn’t fit with your ridiculously bullish agenda you both regard it as ultra conservative. Savvy just what was so good about yesterday’s results report? They marginally beat their own turnover projections and they made a loss as well as an awful year end projection that they should know a lot more about than you two. Forget about adjusted figures to manipulate a false paper profit. As I have said before they are incapable of making decent profits and have been since day one. Savvy I know you have your own distorted view about margins and profit so please don’t regurgitate the same garbage. I don’t agree with your views and to be frank anybody that is prepared to invest their entire pension fund, which I struggle to believe, into a company with IQE’s track record is hardly an advocate for investment planning.
dave_spencer
09/9/2020
11:18
Yesterday’s analyst presentation hTtps://investors.iqep.com/media/1929/iqe-h1-2020-results-presentation-final-v2.pdf Thanks ipavlou for correcting me, infrared has been merged in fact with the Photonics division, as can be seen in the comments above. Main points of interest for me at least is related to page 17 is the BiHEMT integration of our advanced indium phosphide PA’s with the switch in the RF front end. Also the specific mention of augmented reality applications driving 3D sensing The presentation in its entirety is a good positive read S
sweenoid
09/9/2020
10:59
There was an analyst call yesterday, not available to retail, but will be made available on the website in next days. Without the strange conservative (imho) guidance, yesterdays results were great. Very frustrating it can mean more time to wait for validation (or not) in my views, but like Sweenoid I haven't changed any of my views and will wait and expect a gradual positive rerate as analysts impart their advise and shorts gradually smell the coffee...
savvy investor
09/9/2020
09:20
Not that I take the slightest notice of analysts, but for the reasons I gave sweenoid just now, I can't see much of a re-rate this year. IQE is already rated between two & two and a half times annual revenue. Impossible to say what its current P/E ratio is. But a single digit FY profit - as suggested by the latest trading update - means a P/E ratio much closer to 100 than 10. That might be OK, even conservative, for a true growth company with long term earnings visibility. To me, given the potential for growth over the next couple of years, it looks about right at this stage. But certainly not "ultra conservative"!
lord loads of lolly
09/9/2020
09:17
“Should IQE have been ( as I and many others had hoped) super bullish yesterday OR do as they did in these Covid-19 times with added geopolitical risk, be ultra conservative? They chose the second route ...but at the same time subtly reminded us how well their customers were doing 😂😉🤔” I remain invested but disappointed with yesterdays “tone”. My main worry is should the £165m not be super conservative and they do £165-170 I think the share price suffers once more. I very much doubt the general market/world outlook will look better next year than this so that won’t help us out. So it’s a “wait and see” in Dec.
crosswires
Chat Pages: Latest  1300  1299  1298  1297  1296  1295  1294  1293  1292  1291  1290  1289  Older
ADVFN Advertorial
Your Recent History
LSE
IQE
Iqe
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20201128 05:16:24