Iqe Share Discussion Threads

[lurki0] 09/8/2017 09:55

richardc77 - you nailed it.

Always interesting to whose share price holds firm - or indeed prospers - when the tide retreats a bit.

[aimingupward2] 09/8/2017 09:53

"my chart does show a potential turn today, ...... I couldn't be sure what time"

What time seemed most likely, I wonder!?

[twatcher] 09/8/2017 09:51

dunno what was the last numerical share price utterence from Sweenoid, but I vaguely recall some comparison with french fries.

[galatea99] 09/8/2017 09:47

If that broker (Peel Hunt? N+1 Singer?) forecast of EPS in 2018 of 12p-15p is correct or anywhere near correct, then IQE is still only on a PER in the range of 8 to 10, still incredibly cheap. Imo, many investors are still only just waking up to the potential here.

[sogoesit] 09/8/2017 09:46

Given what you say, richard, the chart is in a clear uptrend on a daily basis from the 88p break-out. Thus supporting fundamentals for longer term investors.
As a long term investor I use price action to support an entry/exit decision.

Short term traders are playing a different game... one that my psychology doesn't match.
Good luck to all.

[richardc77] 09/8/2017 09:31

I never look at charts as I believe their only possible use is for short term resistance, never long term which is mostly driven by bottom line EPS and future market potential. To sell this share based on a chart without solid evidence showing a future slowdown in opportunities (which there clearly isn't) would be madness.

There will be days when the share price drops, maybe even for a few days in a row but even unforeseen big world news (unless Donald presses the button) is unlikey to be more than a distraction for a day or two for the foreseeable. As I said yesterday I may not be blindly signing up for 5-8 yrs but I surely am well into next year unless I get an inkling that the research is wrong and IQE products are no longer likely to be widespread in the upcoming phone cycles.

(All jimo) ;)

[bamboo2] 09/8/2017 09:27

Does look like a was a little hasty in my trade, but my chart does show a potential turn today, and as I couldn't be sure what time, I took a good profit. I just prefer to take regular profit, rather than buy and hold. Good luck all.

[thereptile] 09/8/2017 09:17

Don't want that 2.99 % hitting the market quite yet

[thereptile] 09/8/2017 09:16

I wonder if Mr Sweeney has modified his target price

Can't recall but was it 125 or 128p

I hope he has and sticks around

[verger] 09/8/2017 09:10

I would imagine that some will be wanting to sell at 125p because of charts etc. But if Drew Nelson's comments are to be taken seriously big re-ratings are on the horizon.

[shavian] 09/8/2017 09:07

Even the threat of a nuclear strike on Guam does not seem to hold us back this morning

[panic investor] 09/8/2017 09:02

Bamboo sold - charting

[daijavu] 09/8/2017 08:59

Someone on this board did say they had sold the lot yesterday for that reason.

[fullbright] 09/8/2017 08:50

I've been in at sub 20 for years now, ever since I bought my first HTC TyTN II smartphone - and what a good fighting brick that was back in the day. But hey, it let me know that the handset had the potential to disrupt both pc workstations and rock the future of laptops.

On top of what Sweeny has said, I can't but help see a full pipeline of exciting news stories and contracts coming over the hill in the near and mid term. I'm also sure that the forthcoming Winter Olympics will also help showcase the prospect of 5G.

The only black swan for me is Haircut 100 in North Korea.

Will be holding on to my special ones for the foreseeable future

[daijavu] 09/8/2017 08:39

Did anyone sell yesterday in expectation of a drop this morning?

[ramridge] 09/8/2017 08:27

Remember today Wed 9th is Lumentum's Earnings Report and Conference Call day.
What we need to watch is what the CEO is going to say about 3D sensors orders. Starts at 1:30 pm our time, I believe?

This is what he said at the last CC in April's CC:
“The orders that we received for the September quarter are multi-million units.”

Both Lumentum and Finisar will be challenged to meet such volume demand at short notice, so will have to rely on companies such as IQE to provide the VCSEL wafers.

By the way sweenoid, your detailed understanding is awesome and phenomenal. Thank you.

[allstar4eva] 09/8/2017 08:24

Gersemi I read some good advice somewhere on these boards. Being wrong is normal and not a problem. The problem is staying wrong. I am trying to follow that advice.

[nurdin] 09/8/2017 08:23

Sweenoid..thanks for that.Very informative !

[lurki0] 09/8/2017 08:21

Ah, the I PHONE 8 ! Don't you just love to see its name in full on this board!

[someuwin] 09/8/2017 08:19

The best is yet to come here.

[aimingupward2] 09/8/2017 08:15

Lurkio. Wake up! I-P8? iPhone 8.

[sweenoid] 09/8/2017 07:59

Don't care who is buying or selling, PI's don't influence markets, I am totally contrarian anyhow , never set stop losses and go all- in if I see the opportunity, that's why I have done rather well at investing ...oh I do a lot of research too :-)

Anyhow
Who are going to be the new iPhone component suppliers - you bet on the right company and you will reap the dividends.On Skyworks' (IQE's BIGGEST CUSTOMER)July 20th earnings call, CEO Liam Griffin said his company "[feels] really good" about where it stands content-wise with Apple (referred to as "our largest customer"). Note that in the last quarter Skyworks did 40% of their business with Apple, gotta be good for IQE.

Our 2nd biggest customer, QORVO, might also see RF content gains with the iPhone 8 and 7S. However, the company's mobile sales skew more towards Samsung and Chinese OEMs than Apple.

The BIGGIE for IQE of course is the 3D sensing companies that will supply Apple with facial recognition and AR abilities. Currently , most are betting that Lumentum and Finisair have got the gig, with Hynix believed to supply the WLO - wafer level optics, to support the camera 3D - depth sensing. Many analysts are now thinking not just one but 2 of the cameras will require VCSEL laser technology :-) ( forward and back)

We then have TOF autofocus again needing VCSEL lasers - STMicro and Infineon are likely suppliers.

The KEY THING is that all these companies supplying lasers are NEW suppliers to APPLE , Skyworks and Qorvo have been in since the iPhone was originated. once in , they are likely to be main- stays if their modules perform and the companies are able to guarantee volume and timely production with enough capacity.

At present very few analysts are talking about who will be the VCSEL WAFER producer , enabling the optical companies above to produce their components, some have tweaked on - it will in large part be IQE ( not totally, but significantly) once they do .....work it out :-)

Would love to be at IQE's investor presentation in Boston today.


S

[mad foetus] 09/8/2017 07:54

Fair enough Bamboo, though I am holding on. The share price may move up and down, but the news flow is positive and as sweenoid points out, is moving forward on multiple fronts.FWIW my feeling is that 120 may have been some sort of resistance and we could be off to the races again once we break it. Although the share price has risen sharply this week, it has only made up the losses from the end of last week. Anyway, GLA.