Iqe Share Discussion Threads

[deepe] 18/8/2017 16:05

As of Wednesday, Marshal Wace now have a bigger short position than Ennismore.

Ennismore Fund Management Limited. IQE PLC GB0009619924 1.43% 2017-08-14
Marshall Wace LLP. IQE PLC GB0009619924 1.51% 2017-08-16



These two have been aggressively adding to their positions over the last few days. Check out their history:

[grabster] 18/8/2017 16:02

Deleted. I see you corrected the grammar ;-)

;-)

[big7ime] 18/8/2017 15:56

They have confirmed will be 70m
But it's next yrs I'm interested in and the fwd looking statement, they will also have a good idea of how this Qtr is going, the orders to fill for Sept iPhones etc.

Fruit it's no good saying could've/would've/should've
Just invest and hold if you believe in your companies

[fruitninja84] 18/8/2017 15:54

I held these @39p and sold at 45p thinking i was being astute! I also held G4M @140p and FXPO @78p. If i did nothing and not trade out of all these taking modest but nice gains, i would be a rich man. (I also held KWS sub £2 and fever tree @ 250p)

[someuwin] 18/8/2017 15:43

Most of the analysts will wait for IQE to inform the market of upgrades before they 'analyse' them...

"In light of recent progress and its increasingly confident outlook, the Board expects the Group will now exceed market expectations for the full year and whilst it remains early into the start of the mass-market adoption of our technology, it is possible that with the current contract momentum, a more significant upgrade to current market expectations could be delivered for 2018."

That's why I'm buying as much as I can before the upgrades become official - probably in two weeks time.

[shavian] 18/8/2017 15:41

Aha! That's more like it: end-of-week buys coming in.Can't think why meself; I try never to buy on a Friday for fear of what Trump etc might get up to over the weekend.

[netcurtains] 18/8/2017 15:09

trying to compare IQE to BOOHOO

BooHoo (figures via ADVFN): Profit £30.9m Market Cap £2,674.79M
(market Cap 86 times earnings)

IQE Profit £19.3m Market Cap £858M
(market cap 42 times earnings)

So of these two "glamour" stocks IQE would need to DOUBLE before it was valued by the market the same as BooHoo.

Basically all BooHoo is a big shed up North, and a couple of Adverts...

I'd say IQE has a great deal more potential then BooHoo - its not even close.

[thereptile] 18/8/2017 14:55

At the median p/e for semiconductor companies of 33 this gives us a share price

Of Wait for it. 508 p. Nice 👍

[someuwin] 18/8/2017 14:52

Anyway Peel Hunt is the house broker. And they have certainly recently published a high end FY2018 projected EPS of 15.4p.

[berber1] 18/8/2017 14:51

Lux, is showing characteristics of a classic deramper.

[someuwin] 18/8/2017 14:39

Edison have deliberately left their numbers relatively unchanged as they will be bringing out a fuller update in a few weeks...

"...We intend to present a detailed scenario analysis examining the potential impact of a range of different rates of volume ramp up on IQE's earnings in our September note commenting on the interim results."

[luxaeterna1] 18/8/2017 14:35

Careful. The house broker (i.e. the people employed by IQE to hype up good results) Edison released a report on July 26th 2017 showing a 2018 EPS forecast of 3.6p (up from 3.3p in 2017). Great solid news, but nowhere near 15p.

It seems unlikely profit will increase 4-5x to 15p EPS on a 12 month outlook from a paid broker forecast with access to the CEO and business team.

[big7ime] 18/8/2017 14:00

Sorry poombear, I meant following yr. have adjusted figs

[edjge2] 18/8/2017 13:51

We know of reason for share price increase. If these traded in states can it explain jump up.
122 was surely an adder and hopefully bottom of retrace

[poombear] 18/8/2017 13:49

330p within 4 months, seems a bit excessive, expectation wise, But I suppose with the right updates could be possible.

[thereptile] 18/8/2017 13:47

This time next year Rodney

[big7ime] 18/8/2017 13:45

I think it's conservative to say eps of 6p 2018/19

Based on a p/e 20 = 120p


So we maybe full value at present

[galatea99] 18/8/2017 13:39

Imo, EPS a year or two from now will be way above 15p.

[mad foetus] 18/8/2017 13:23

I think that is the first time we have had an objective/professional iteration of what many of us on here believe. It may in some ways establish a benchmark for what is perceived as within the bounds of possibility and that may itself influence some of the brokers notes that are republished after the results and analyst presentation.

[allstar4eva] 18/8/2017 13:15

Yep nice spot re: Motley fool - they spell it out. I have no problems with traders and shorters etc making/losing money over short term movements, however I don't understand people getting frightened out of their shares at this level when the potential gains are huge if they can wait a few months to a year or so.

[bocase] 18/8/2017 12:56

Flagon: Well spotted. Motley Fool is well followed. It should help nicely.

[flagon] 18/8/2017 12:48

Motley Fool -

Link ->

Is IQE plc a millionaire-maker stock?

Only just getting started?
Over the past 12 months, shares in IQE have risen 382%, and these gains, coupled with the group’s lofty valuation seem to indicate that the shares have got ahead of themselves.

However, the positive trading update implies that the company will substantially outperform City analysts’ growth targets next year, which are currently calling for earnings growth of 14%. Some analysts have speculated that IQE’s earnings per share could hit 15p if new products and capacity rollouts go to plan.

If the company does hit this target, then it’s clear the shares are extremely undervalued at current levels.

The median P/E for the semiconductor manufacturing sector is around 33 at the time of writing. Combining this valuation with earnings per share of 15p gives a potential share price of 495p, excluding dividends or cash returns.

So, in the best case, shares in IQE could be worth 280% more than their current price. This might not be enough to make you a million, but these are only early estimates. As it continues to grow, the sky is the limit for the company.