Iqe Share Discussion Threads

[toffeeman] 31/8/2017 11:33

Stacey's outpouring is meaningless as it does not disclose the average price paid.

Many people here have bought below 80p (some people way below) and so a negative short-term reaction to results (if it happens) will be a reduction in the gains column rather than a loss. Now I know it should not make a difference - but it does!

If Stacey paid 130 on average then his psychology is v different.

[ny boy] 31/8/2017 11:30

I'm holding for 5-10yrs, so not bothered if they reach 200p this year or not, I am expecting much higher valuation as the growth story gathers momentum over the years ahead. I am a long term shopper, i.e. Been accumulating IMM 30-40p as expecting £25+ medium long term once phase III gets approval next year. GLA

[someuwin] 31/8/2017 11:22

Bye, Bye IQE - But Maybe Not for LongBy Malcolm Stacey | Thursday 31 August 2017Hello Share Trouncers. After a great deal of pressurised angst, I have sold all my IQE (IQE) stash of shares. This doesn't mean I won't charge back in at a moment's notice if things pick up. I had considered selling half or at least top slicing. But I'm beginning to get warning niggles about the way the stock has shot up in the last few months.The last results were good and a lot better than the year before. IQE is obviously expanding and finding new customers. It is at the top end of what it does, developing and flogging bits for the fast moving telephone and computer world. But it's not the only firm out there. And doubtless the innovative gold rush is happening in many other places than Cardiff, where IQE is based.I keep bringing to mind that a lot of the rising share price is probably due to rumours that IQE bits will be a big part of Apple's forthcoming iPhone 8. But there is nothing concrete about that supposition. And Apple has a reputation for not giving anything away and expects its suppliers to keep any partnerships secret.So what happens if the new iPhone gets by without IQE? The share price will possibly drop fast. It may not crash though, because there are a lot more customers for IQE out there. Some big names, too.There will be a much-vaunted trading statement on September 5th. That could cause a huge difference to the current share price - either up or down. But keeping the shares for me under those scary circumstances is like betting on the red, rather than the black, at roulette. Too much like gambling, for me.So at the moment I'm out of IQE. But I reserve the right to dash back in if the currently dithering share price suddenly forges ahead again.Now it's time for more worrying in the Punter's Return.

[sheep_herder] 31/8/2017 11:05

Why does every single thread on ADVFN degenerate into a discussion on how trades are matched by whatever algorithm does it? Of all the things to be worried about when investing. You could be spending your time researching current or potential investments, but no, telling everyone your buy was marked as a sell is somehow more important and useful to the community. Really!?

[big7ime] 31/8/2017 10:45

Your entry around a pound will be breached next week Berber
This is a classic over shoot from press articles all at once
The directors know, hence their selling at 62 and 104

[big7ime] 31/8/2017 10:44

Your entry around a pound will be breached next week Berber
This is a classic over shoot from press articles all at once
The directors know, hence their selling at 62 and 104

[berber1] 31/8/2017 10:31

B7 desperate

[bclissold] 31/8/2017 10:24

a reason for some trades being wrongly allocated.I have 15 seconds to confirm a trade.If i press buy and the price moves up during the 15 seconds I have to confirm then the trade is allocated as a sell.I I press sell and the price moves down then it would be allocated as a buy

[kilgallp] 31/8/2017 10:12

Laginaneil,

It should be noted that all trade declarations made by the market do not include a buy or sell indicator and therefore we have to derive this information ourselves. The policy we have adopted is based on the mid price of the stock at the time of the declaration. For example, a trade declared at a price that is higher than the mid price at the time of declaration would be put in the buy column, a trade lower than the mid price would be put in the sell column. A trade which matches the mid price would be considered unknown.

[fuji99] 31/8/2017 10:06

Could finish the week at 150p.
I hope the shorters, those courageous ones I mean, are at work now ...

[monnow] 31/8/2017 09:37

This trades on an historic P/E of 11.5. stripping out sentiment the market says four fold prospective eps increase as of today. Expensive comparatively to low growth stock, very cheap for a super high growth stock. Some of the growth prospect is baked in (Fact). Will add more when this jam tomorrow becomes reality in the figures. Plenty of time to add as the story progresses.

[rivaldo] 31/8/2017 08:49

Worth noting from Canaccord's report 2 weeks ago which increased IQE's target price to 180p:

(1) Lumentum shipped $5m of VCSELs for 3D sensing products to the end of June - but it expects orders to reach $200m by the end of December
(2) IQE "has just over 80% of the global outsourced market for the GaAs VCSEL wafers used to make the VCSEL chips used in 3D sensing arrays."
(3) Beyond the VCSEL excitement, there are "many more" CS applications to raise the bar further, such as wireless filters for the front end of smartphones, power switching, distributed feedback lasers for FTTP, and GaN on Si for base stations and 5G.

[grabster] 31/8/2017 08:03

Thanks Diplomat.

Another recent market assessment page that does include a good range of figures for semiconductor prospects is this one:

It ends with "The Hottest Tech Mega-Trend of All. Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaries," but that should still leave plenty of money for regular investors who make the right trades early."

(my bolded text)

[diplomat65] 31/8/2017 07:58

Here's another link to the same report Browse the complete report and table of contents http://www.decisiondatabases.com/ip/18358-compound-semiconductor-market-analysis-reportMarket Segment by Manufacturers, this report covers, IQE PLC, Sumitomo Electric Industries, SCIOCS, Mitsubishi Chemical, San'an Optoelectronics, Dow Corning, Shin-Etsu Chemical, DOWA, Freiberger, JX Nippon Mining & Metals

[diplomat65] 31/8/2017 07:46

Grabster: thanks for the link to the global compound semi-conductor market.I found this one which from Wise Guy Research who actually disclose some hard numbers on the front page :https://issuu.com/josephferraro/docs/global_compound_semiconductor_markeAgain IQE sit at the top of the list of 10 major global players featured in the report including the mighty Sumitomo, Mitsubishi and Dow Corning. Current (July 2017) market value is around claimed to be US$770M and forecast to grow at c.5.5% annually to US$1,110M by 2022.Don't what our other more informed investor friends will be able to add to this bare-bones info to give us all a closer understanding of what IQE's actual market share might be in percentage terms. If any of the IQE millionaire stockholders fancy shelling out $5k the report's yours!

[hammerd2] 31/8/2017 07:37

20th July.

"in order to ensure future capacity is in place in a timely fashion to address H2 2018 and subsequent demand, we have announced an MOU with Cardiff City Region to secure operational facilities in a highly cost effective arrangement, together with initial orders for increased MOCVD capacity."

That means that current production capacity ($300m IIRC) will be exceeded sometime between Mar and Jun 2018 thanks to contracts already signed.

"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."

This means that all current analyst forecasts for FY 2018 and beyond are woefully out of date and will need to be seriously upgraded - by far more than current year forecasts will be upgraded.

That is essentially going to be the least positive statement that will come out of the results on Tuesday.

Nothing else matters. The actual H1 figures are almost irrelevant at this point.

Believe it and fill your boots (if you haven't already) or don't and stop bellyaching and f' off. I never cease to be amazed by all the altruists out there who suddenly appear and are so concerned about other people's financial welfare when they have arrived a little late for the party.

[sheep_herder] 31/8/2017 07:24

mad f, Peel Hunt actually said that the end of year run rate could be 15p if the extra capacity comes online. Not that the full year could be 15p. I'm expecting in the region of 8p-10p for the full year.

[grabster] 31/8/2017 07:15

Not sure if this particular market survey says anything different from every other - but noticed that the list of manufacturers has IQE at the top of it. Like most others here, I am not shelling out the dosh needed to actually read it - so can see only the list of contents and the fact that IQE is up there at the top table. Extracts from such market reports do tend to find their way into the public domain during the weeks after publication, when analysts start quoting passages from.

[mad foetus] 31/8/2017 06:45

I want the results next week to give some sort of visibility on all the business lines. It is not just that our earnings will increase sharply, it is that there are a number of areas where it is somewhere between reasonably probable and very likely that the growth could be explosive. Peel Hunt said that EPS could top 15p in 2018, and while that may be optimistic (although it may be realistic, do any of us really know?), it would be fascinating to know what management expectations are for 2019, and have that broken down division by division. But I doubt it would be commercially wise to have that sort of detail!

[bocase] 31/8/2017 05:58

Well said aiming upward. A perfectly sound explanation of valuations. A PEG of 1 is exceedingly cheap. For those who are not familiar with PEG RATIOS, it is the price/earning ratio divided by the annual growth rate in profits, ie PE of 30 and a growth in profit of 30% would give a PEG of 1 and indicate a buy signal, all other ducks being in line of course.

[sweenoid] 31/8/2017 00:13

I ain't responsible for anything sunshine ( snake-slime)
Unlike you I educate and post facts, supported by evidence,

As King Creon said ( read your Sophocles, rather than the Beano) "you are either with me, or against me" frankly I don't give a toss , which way you lean.

This 'get rich quickly' investor was buying hundreds of thousands of shares sub 30p- go figure that one out ;-)
S

[aimingupward2] 30/8/2017 22:54

snakeoil salesman, even if the year end share price were to be as high as 200p, with earnings in 2018 very possibly 8p (or more), the forward p/e would only be 25. This would mean a PEG of way below 1 a thus be perfectly reasonable. Even at a lower earnings figure of 6p for next year, the valuation of 200p would not be too stretched. To imply that the eps for 2018 would be as low as 4p is just not credible.

[doc robinson] 30/8/2017 22:18

Big rises in USA into close all bodes well for the morning?

[sheep_herder] 30/8/2017 22:17

Where did all these muppets come from?