Iqe Share Discussion Threads

[crosswires] 23/10/2020 17:43

Agreed James, annoying that shorts have gone from 12% to 4 with no discernible share price spike, dispelling the myth that shorts closing causes a share price spike. That only happens when a share is in demand, sadly right now that is not the case on IQE. Hopefully in 12 months time that will have changed

[jamesrowe] 23/10/2020 16:51

Ennismore starting to reduce its short position as well. Amazing that they can do this on such low volumne whilst the price gradually drifts down.

[paraone3] 23/10/2020 13:06

Soon be time for the friday afternoon sell-off am expecting 53.5p Have a good weekend

[horneblower] 23/10/2020 08:12

I am probably atypical, but a fancy camera with a phone attached is precicely what I want. The problem is, I can't bring myself to buy an Apple due to its lousy o/s and gui, so the Huawei p40 would have been perfect if it had google apps.

[tomduck] 23/10/2020 08:03

Phones as phones have reached their limits more or less, and although the GPUs continue to improve, the phones are already lightening quick. So the cameras are now the big upgrade points, and the results in the past few years have been astonishing. I guess the next stop for Apple will be how to get a longer optical zoom on, which is of similar quality to the 2x and to make the sensors larger on the models below the 12 Pro Max (which has the best sensor on an iPhone to date).

[maxwellsdemon] 23/10/2020 08:03

https://businessnewswales.com/how-wales-is-becoming-a-world-leader-in-semiconductors/ How Wales is Becoming a World Leader in Semiconductors TECHNOLOGY CONNECTED , 23RD OCTOBER 2020

[willoicc] 23/10/2020 07:29

Phones with cameras attached seem to be evolving into fancy cameras with phones attached. Is that really what people want?

[sweenoid] 23/10/2020 06:52

Another nice VCSEL application / module from our friends at AMS hTtps://ams.com/-/tmd2712-als Nice announcement from Huawei yesterday, releasing their super duper new smartphone, obviously Huawei can’t use Google Apps so this is likely to just be sold in China, however that’s a massive market, this phone will sell in many millions 3D sensing front AND rear cameras and TOF laser autofocus , and of course it’s got Face ID ,in summary, LOTS OF VCSELS . hTtps://consumer.huawei.com/en/phones/mate40-pro-plus/specs/ From tech radar hTtps://www.techradar.com/news/huawei-mate-40-news The Huawei Mate 40 Pro takes things up a notch with a 20MP f/1.8 ultra-wide camera, and a 12MP f/3.4 periscope one, with OIS and 5x optical zoom. There’s also a dual-lens camera on the front, consisting of both a 13MP snapper and a 3D depth sensor. And the Huawei Mate 40 Pro Plus adds OIS to the 50MP main lens, and then has a 20MP f/2.4 ultra-wide camera, an 8MP f/4.4 periscope one (with 10x optical zoom and OIS), a 12MP f/2.4 telephoto one (with 3x optical zoom and OIS), and a time-of-flight (ToF) camera for depth sensing. Full spec here hTtps://www.gsmarena.com/huawei_mate_40_pro+-10550.php This suggests a slew of top Android smartphone makers- Vivo Oppo Xaiomi and of course Samsung could soon be increasingly incorporating VCSELs too., for Face ID and computational photography- looks like Apple and Huawei have set the bar high 👍 Last night- Nice to Seagate once again restate HAMR is arriving shortly, it’s going to be good for IQE long term as VCSELS are used for the laser heat source. “We also remain on track to ship 20-terabyte HAMR drives starting in December, which is an important milestone, as we believe HAMR technology will be the industry’s path to scaling areal density and increasing drive capacities. Seagate will be the first to ship this crucial technology with a path to deliver 50-terabyte HAMR drives forecast in 2026.” As for the initial preorders for iPhone 12 and in particular the PRO model- they are as I expected, they are selling in spades and will do well through this ‘super-cycle’ , 16 th November availability is the date stated for the most popular model/ packages at the moment- nice if that’s replicated worldwide. it’s particularly great to see that the PRO orders are higher than analyst expectations, superb as LiDAR uses a lot of VCSELS . More from Apple next Thursday, and then in the 1st week of November multiple customer earnings and forecasts. S

[tomduck] 23/10/2020 06:45

The conclusion you can make is that IQE were perhaps ahead of their time and although they have made some mistakes have been unlucky with timing. If they can be THE leader in CS technology then it does bode well for the future, but of course is is a matter of when large CD volume will be needed.

[dexter5] 22/10/2020 23:07

Yes that is quite likely.We are at the start of an evolution related to Compound Semiconductors. We undertook a joint program with Intel some 5 years ago to develop the 'Trigate Transistor' which Intel marketed with limited enthusiasm. It was at that time said that IQE and Intel were in Discussions to merge/takeover. Since then IQE have spent a fortune to position themselves for the upcoming growth of compound semiconductors and caught a lot of undeserved flak for that foresight. Intel have slowly lost their way to SAIM and TSMC and today apparently are losing share in the data centre market as well..

[grity] 22/10/2020 22:44

Is this where Compound Semiconductors come into play ? They will be queuing up For our wafers then. Xi has pledged an estimated $1.4 trillion through 2025 for technologies from artificial intelligence to wireless networks. A focus of Beijing is to accelerate research into so-called third-generation semiconductors — circuits made of materials such as silicon carbide and gallium nitride, a fledgling technology where no country dominates. HTTPS://www.hindustantimes.com/world-news/the-u-s-china-conflict-over-chips-is-about-to-get-uglier/story-VAqyjTLK6wHsq1OLRmHDnJ.html

[46maxon] 22/10/2020 10:24

IQE have performed abysmally. End Of. Would love to see it all turn around. Looks unlikely seeing the timeline they've had already.

[tomduck] 22/10/2020 10:15

You are absolved 😉🤓

[tomduck] 22/10/2020 08:57

Dave Spencer, enough, let’s try and all stop repeating ourselves as it is getting tedious beyond belief. Way too many of us posting the same chat over and over and it becomes pointless. I sit between bulls and bears with large holding but can we now wait til the update or we have interesting new news to discuss IQE potential (or lack of) 👍🍻

[dave_spencer] 22/10/2020 08:46

Monte do you really have to use 1000 words when one will suffice ??? I don’t know how many years it is that you have been trying to convince anybody that will listen that IQE are destined for greatness. For me any credibility that you once had is firmly down the Khazi given the level of your failed predictions. Forget the success of the Apple’s of this world. Historically IQE is a badly managed minnow and let’s face it the new team don’t seem to be doing much better. Except for a few extremely misguided individuals on this bulletin board there is very little professional enthusiasm for the future success of IQE as clearly demonstrated by the share price performance.

[savvy investor] 22/10/2020 08:46

Nice to hear from you Monty! I believe we will hear from the company a little sooner than some expect around trading and Q3, with luck it confirms my views, time will tell..

[montanaro] 21/10/2020 12:21

Tiffaboy, Many thanks for your namecheck earlier and I'm sorry I have been so quiet. I have only been scanning the various excellent posts by Sweenoid, Savvy and so many other contributors, my work has been intense recently and my spare time has been more on things like the US election and Covid than on IQE, which I am confident is well set. Like so many others here I was thrilled on September 8th to read the top line £89.9m and then had the air knocked out of my solar plexus by the incredibly cautious second half guidance number - the market reaction was predictable. It really took the change of tack to one of highly conservative reporting in successive statements over the last 2 years to a new, almost self defeating low. As Tom Duck I think posted, even if they do report a £175m full year number it is likely to be viewed as "priced in". Short term the momentum has been totally halted. They would have been better giving no guidance and merely stating their justified caution. But guiding to a minimum £75m v £73.3m second half 2019 after a record first half has led to a predictable hiatus in the shares when surely £85m second half is achievable and £175m guidance would have been probably welcomed, albeit without the need for the shares to get ahead of themselves (ie lower 2nd half than first). I took my time (ie several days) to study the results, to study the company's message for example with the Tim Pullen interview, and I didn't have much more to add to the numerous excellent posts, arguably I still don't have. I think there were a few red herrings thrown in eg the overall importance of the further patent provisions, and I think they once again showed a desire to kitchen sink anything. Buying in the Taiwan minority recently looks sensible. No doubt the company is now on a conservative footing whereas perhaps pre TW/Muddy Waters it was less so. Perhaps on a negative perspective, bearing in mind their comments about how well their principal customers appear to be doing, one of the reminders of the results was how their forward visibility remains limited. I am still a sizeable LTH and a big fan of this opportunity over any timeframe other than between now and the next trading statement. My wait continues but I am patient. The shares look cheap but it's hard not to argue short term that the company on this occasion has created a hand break of its own making. I can understand towing a cautious line, who wouldn't with all the issues that are currently facing the global economy?? But it took me several days to overcome my disappointment after I'd turned short term bullish as well as long term bullish between March and early September. I had hoped to see much more evidence of month on month improvement in the order book as we had between results in April and subsequent "record year" trading statement in early June. Set against that it was nice, stripping out the numbers, to see demonstrated what a cash machine IQE CAN BE as demonstrated by the really excellent cash returns and the very significant reduction in the debt from a good first half. This company's earnings capacity is what I think really bodes well, I believe that the market is yet to fully appreciate just how large is the potential on the existing capital base and that huge increases in profitability can now be achieved with fairly minimal ongoing capital investment, unlike the great 2018 splurge. That's done. From now it should be very much more incremental, perhaps with the exception of Singapore, where i'm really uncertain as to the plans or the current state of the operations. I'd like to post more wisely, with a certain angle uncovered by others, but as mentioned right now I do think this board has a collective grasp of most of the key issues between various posters. I'll certainly post again when I feel I have some strong opinions, I think my psychological approach is yet to produce any greater insight than perhaps it did when we were reeling from the crisis that Donald Trump had foisted upon us with the China trade war and were looking for signs of recovery. This company certainly remains positive on its prospects, linear or non linear growth to follow. I'm certainly yet to identify any company in the UK market that has greater exposure to and direct benefit from the tech revolution we are seeing, ie exposure to the move from hi-speed to super hi speed date transmission and all the related technological developments that are associated. How do investors get a better exposure in a London listed company?? So this will happen, clearly 2021 and 2022 will be pivotal years for proving the pudding. I remain patient and bullish for the years ahead. Savvy, love your posts and please keep them coming, say it how you see it but no need to reply to the opinions on every point you make, don't feel the need to rise or reply to Dave Spencer's every gloomathon, he's best ignored to stew in his own misery, bless him! I'd filter him if his posts weren't so amusing, which they are, so I enjoy reading them! And there is always room for a broad range of opinion. So keep it coming as you see it Dave Spencer if you must by all means, it's called freedom of speech. As for all of us, let's hope for better news before the year end with the trading statement et al. I do think we deserve more information than was contained in the brevity of the results statement. Some of it we could glean from the presentation slides and Tim Pullen's video, but actually the company's advisers should be earning their fees and all the evidence is that September 8th didn't reflect well for them or IQE. In my time in the City I would have been pretty miffed if IQE had come to present their results to me with a clearly more bullish message in the presentation and video than the cautious message communicated by the RNS and in particular the guidance number. Ah well, 6 weeks on from that disappointment now and only a couple of months to Christmas!! GLA and best wishes, Monty.

[nickwild] 21/10/2020 11:52

A lot of weird small trades of 9 and multiples up to 72

[meijiman] 21/10/2020 10:57

I assume most of the takers of the 140p shares were IIs. They must feel they were legged over by the management.

[tomduck] 21/10/2020 10:54

The reviews for the 12 Pro have been good but most saying it’s not worth the upgrade over the 11 Pro, that the cheaper ones are the sweet spot now they all have the same OLED small bezel screens, and last years 11 Pro camera. The Pro Max may well be the best bet as it has several key features the std Pro doesn’t but many people don’t like the bigger phone. As for 5G, many people reading the reviews will start to realise it will be a few years before they need a 5G phone. At the end of the day the phones will sell broadly what the analysts predict, but IQEs fortunes re a major rerated share price will hang on new customers or completely new Apple products over and above the phones n pads imo. If/when IQE announce some new tools being purchased for those empty bays in Wales we will have a real world indicator of this. I think investors have been talking too much about major earnings beats over £165m as it only adds to the potential for disappointment come March if IQE only just beat. The market will say investors expected £185m and then you will see nothing much happen or another fall. It can become something of a self fulfilling prophecy. Let us hope this time that is not the case, would be lovely for us all to believe in IQE again being a source of increasing wealth and persuading new investors to come aboard for the ride like back in 2016.

[provonar] 21/10/2020 10:29

Some test-shooting with the iPhone 12 Pro, including the LiDAR: hTtps://appleinsider.com/articles/20/10/20/photographer-austin-mann-tests-out-iphone-12-pro-camera "The LiDAR worked great here — I realized later I never once messed with the focus it was just locked in on her face the whole time. Also, creating an accurate depth map around the furry hood seems like it would be really complex, but the iPhone 12 Pro did a great job." So, the low-light focus support looks like it works very smoothly, assisted by IQE VCSELs (at least I hope they're from IQE - Lumentum have their Caswell epiwafer fab, but I'm not sure they produce wafers for VCSELs ... yet). If this is found to be so easy to use, then there's scope in the market that more optical device manufacturers would look to start incorporating VCSELs, too. One for the medium term ...

[tomduck] 21/10/2020 08:21

In reality 5G has barely begun, the inclusion on phones for now will probably only be used usefully by a tiny % of customers at most. However by default that means we have 5-10 years ahead of it all being about 5G. We know IQE has more floorspace ;) in 5G so even if they lose margin there is a very realistic chance they will earn more profits in the next period than the last. That is why I remain invested for now. It will be interesting to see what new trends 5G brings, AR perhaps, although I do worry that the Facebooks of this world will use it to walk a advert in front of our eyes at every opportunity which would certainly lead to me ignoring the technology... The board keeps going round in circles, the same people posting the same stuff, it is quite dull, so maybe less posting until we have some evidence either way is called for ;) Given that IQE hardly ever update the market outside of scheduled updates the earliest that is likely to be is Dec. Hopefully that may cast some light on matters, because if not we’ll be waiting til next March for the next meaningful evidence 🍻

[paraone3] 21/10/2020 08:08

Taiwan exports up 10% for September to 50b dollars , 16b dollars of Electronics , so no let up in the uptake of 5g and IOT . Also expect excessive uptake of 5g smartphones in the Chinese markets for the rest of 2020 and into 2021 , only good news for Iqe as the now have diversified into other markets , not a one trick pony anymore , solely reliant on Apple