Iqe Share Discussion Threads

[nw99] 10/7/2017 16:01

Buy now while you can

[someuwin] 10/7/2017 15:53

...And another.

[someuwin] 10/7/2017 14:24

2 x million share trades gone through today.

[sheep_herder] 10/7/2017 11:59

maxwellsdemon, before you start getting everyone excited that IQE power every technology under the sun, BiCMOS offers plenty of performance without having to go to CS.

[skinny] 10/7/2017 11:49

I recently bought a SEAT Ateca which comes with ACC - so I assume its reasonably common across the VW range.

[maxwellsdemon] 10/7/2017 11:03

"What Is Active Cruise Control?

Well, it works in similar way to your regular cruise control. The driver brings the car to their desired speed and presses the set button, then the car maintains that speed. The ‘active’ part is that your car will slow down if your car detects another car in front travelling more slowly. That’s perfect for freeway driving, particularly in traffic, and longer trips. The Active component of Active Cruise Control comes in the form of a RADAR or LIDAR sensor (depending on your manufacturer’s choice of technology) in the front of the car. This sensor allows you to set the distance you want to follow the car in front, normally measured in time, typically 2, 3 or 4 seconds."

I would think future systems will use both LIDAR and RADAR. . RADAR has the advantage of longer range but LIDAR can yield a more detailed picture.

As someuwin points out this stuff is happening now!!

Further, IQE are likely to be involved in the manufacturing chain for automotive radar?
24GHz and 77GHz are fairly high frequencies for RF transmitters?

[toffeeman] 10/7/2017 11:00

My car has adaptive cc - it just uses a camera mounted in the rear view mirror housing - low tech and likely to remain so imo

[sheep_herder] 10/7/2017 10:43

Aside from those systems that use radar and parking sensors are ultrasonic.

[someuwin] 10/7/2017 10:28

I see the new Fiesta (as well as other new car models) has adaptive cruise control i.e. adjusting cruising speed according to the car in front. Must be using some kind of laser sensor. Point being that we don't have to wait for fully autonomous cars to see the use of these sensors becoming more and more common.

All good for IQE's photonics products.

p.s probably used a lot in parking sensors too.

[hannath] 10/7/2017 09:10

With a positive trading update next week sure it will be, until then I don't expect much to happen.

[someuwin] 10/7/2017 08:50

Back over 80p soon.

[shavian] 10/7/2017 08:27

MMs seem to like us this morning, despite Friday's nights late sells. Obviously anticipating the trading statement?

[hannath] 09/7/2017 22:07

See what's in the trading statement in a few days time 🤔

[lpavlou] 09/7/2017 20:56

My personal view is that wee only looking at circa 10% growth in H1 but it should ramp up in H2. A lot will depend upon any contract wins or announcements for H2 and beyond . The share price normally drops on the results and then bounces back.

[bocase] 08/7/2017 08:42

A high P.E. is also justified by growth potential. If two companies have the same P.E. and one has exponential growth prospects like IQE and the other does not then it makes the one with the prospects cheap compared to the other despite having the same P.E.

[amt] 08/7/2017 07:36

Probably the patchy historical record and cash conversion that stop the share price going through the roof. If the next results show good organic growth and cash conversion then pe of say 30 would be justified. I recall ARM were on pe of 80 or so for several years when it became clear they were a great company. These high pe occur on UK stock market because there are not many such companies available for UK funds to invest in so to get a slice institutions must pay through the nose.

[sheep_herder] 07/7/2017 15:31

tomy, it's not in the hands of IQE, it's in the hands of their customers and then the OEMs after that. Not much IQE can do to progress these new businesses aside from deliver the highest quality product they can.

I personally don't care about the short term given they haven't really started the ramp up in these high growth markets. In 6-12 months we'll have a far better idea of how the photonics side is going and it should be a fast ramp up if what we've heard recently is all true.

Then we have many more markets due to come online in the next 5 years. Stick as many as you can in your ISA/SIPP and come back in 20 years.

Edit: I should say that they are actually trying very hard to progress these technologies in the new CS cluster. But commercialising them I think will be in the hands of their customers and again out of their control.

[darola] 07/7/2017 15:23

Tomyg,

Take it your stearing well clear of Amazon, Google etc?

[grity] 07/7/2017 15:22

Next upward leg started , hop
On before you wished you had !

[hammerd2] 07/7/2017 15:05

That's what people said at 16p.

[tomyumgoong] 07/7/2017 14:55

someuwin,This is all 'pie in the sky' if IQE can't translate this 'news' into revenue!Again, I believe they can but I believe in caution and seeing the 'cash in the till'

[someuwin] 07/7/2017 14:49

* Key milestones delivered on several major
photonics programmes during H2 2016, providing
significant growth opportunities for 2017 and
beyond;

* Excellent progress with our new cREO
technology had delivered some early wins,
including delivering a step change in GaN on
Silicon technology (the elimination of “parasitic
channel”), and active engagement in
development programmes for advanced RF filter
applications;

* A key customer is engaged in end market
qualification using IQE’s GaN on Silicon material,
signifying that this technology is close to
commercialisation

* Significant contract wins in InfraRed, and
progress in a number of development
programmes continue the growth of this business
unit, and progress towards new high volume
applications.

* Positive market dynamics, including increasing
mergers and acquisition activity and sector
investment, reflect the increasing focus on
compound semiconductors as a critical enabling
technology to major growth themes, including
high speed communication, the “internet of
things”, big data, advanced medical technology,
energy efficiency, and autonomous vehicles.

* Good progress by IQE’s Joint Ventures in the UK
and Singapore mark key milestones in their
developing as centres of excellence in driving
innovation and commercialisation of advanced
CS technologies. The UK Joint Venture was a
catalyst to securing c.£300m of funding towards
the continued development of a UK CS Cluster,
and the Singapore JV has been selected as a
partner in a major programme for CS on silicon
technology.

[tomyumgoong] 07/7/2017 14:47

someuwin,£550m does seem cheap, however, if IQE can't beat revenues consistently then £550m could look expensive! I'm not being negative as I believe in this company but IQE need to consistently beat previous figures to impress the market! If, we have been built into any of the upcoming technologies then we should hope to see significant revenue increases in H2's figures......if not a market cap of £550m will not be justified and down will go the sp!IMO this is make or break year!

[daijavu] 07/7/2017 14:47

Are you saying it could be another ARM or even better?

[someuwin] 07/7/2017 14:22

"IQE is the undisputed global leader in the supply of
advanced wireless materials and is very soon set to
replicate this success in its other primary markets,
particularly the rapidly growing photonics sector
where the Group’s products enable a wide range of
optical-fibre communications networks and
increasingly in consumer devices in the form of
sensor technologies."