Iqe Share Discussion Threads

[derekfrizzel] 25/1/2018 00:55

I have held shares in IQE for just under a year. Initially bought several thousand in March 2017, and they lost 20% of their value as soon as I bought them. Back then I did not log on to share price chat boards so I was not aware of why they dropped in value. Once they recovered, I sold them at the price I bought them for. It was about 69p a share back then.Bought back in throughout the year on a regular basis.Tried to play the day trading market in October by selling high and buying low. Got caught out placing a stop on the Shares and they bounced back to a higher price within hours after I sold out.My entire ISA and SIPP accounts contain IQE shares so the last few months, I have seen both drop in value by 25%.I am in this for the long term.I plan to retire in July 2020 and plan to hold on to the Shares until then.Now having read the chart chats I am now familiar with shortening the influence that hedge funds can have. I admit this morning I was beginning to panic although I did not sell, although looking at the chart I could have sold, allowed the drops to continue and buyback and then sell again but this is easy when you look at the chart after closure..What happens tomorrow. I am going to watch and hold. I have read sweenoids inputs andhave looked at the company and am aware that we may have to wait until March 2019 to get the forthcoming year's trading results.Did not enjoy today as I am hoping for a recovery to get both my ISA and SIPP in the blue. As that way I have recovered my current losses.I am going to ride the waves and hope that by 2020 the share price will be at least £2 by thence give my retirement pot a great start.

[regasclockwork] 25/1/2018 00:25

richardc77 - 24 Jan 2018 - 10:01:42 - 11544 of 11768 IQE's time has come - 2017 and beyond! - IQE

"This must be VERY painful for Sweenoid and Sheepherders portfolio, those are guys with millions down the proverbial......" -End-

I'll bet it's more painful for small punters who have probably had their profits [if any - paper or otherwise] wiped out completely. Spare a thought for those on here who unlike you and Sweenoid, weren't in IQE at around 22p.

My sympathy is for the little guy - not millionaires.I do hate people who brag about how rich they are. And, we don't know if they still hold shares in IQE.

[regasclockwork] 24/1/2018 23:52

I make no apologies for mentioning Dave[again] as he is 'The Man Of The Moment. One moment he's here and the next moment he's gone.

“Here is one I made last night” as Delia Smith [cook/chef] might say. Before today's carnage that is:

Following the 5.1p dip on Monday to 125p and then a further 4p on Tuesday, a poster said, “I think we can now 'put to bed' all the talk that Sweeney's ramping posts have the power propel the share price into orbit”.

Now, if he had come back on parade the previous Friday when it soared 6p to 130.1p it could have been a different story. I think the Sweeney-Boppers would have been out in force shouting, “It's a sign – the messiah has risen again”. And, as word spread around the globe, courtesy of the internet, those 126 – thumbs-up could well have been doubled.

You could put a different slant on it of course by thinking that if Sweeney hadn't given us his incredibly upbeat report on Monday, the share price may have fallen 10.1p rather than 5.1p.

Still, we know that Sweeney gave IQE the 'STRONG BUY' treatment on iii on Monday, so he could well give us a share price prediction update on here very soon. The last one, way back in Nov. was “Cheap as chips under 185p and 225p by AGM day. Bring it on Dave!

[lpavlou] 24/1/2018 23:45

Bad day at the office today. Got closed out on a number of positions, but that's the risk you take with spread betting. Surprised there wasn't a RNS by the company to say there was no reason for the share price fall, but hey-ho, tomorrow is another day.

[horneblower] 24/1/2018 22:48

Aphrodites; full respect.

[beeezzz] 24/1/2018 22:29

I use the FCA site... eeny.....

[tsmith2] 24/1/2018 22:27

Given finish I'm expecting 125p tomorrow

[rochdae] 24/1/2018 22:25

Either it's a good growing company or it isn't. If it is, you shouldn't be short. If it isn't, you shouldn't be invested.

Gaps, elliot wave, moving averages, etc... all complete nonsense.

Up 9k on today. More to come.

Re-read the trading statement.

[eenyweeny] 24/1/2018 21:51

FAO hammerd2,

Thank you for your input. May i ask where you have found some info that indicates that Ennismore is still in deficit on their short position? I really would like to get my data from more than one source and cross check things.

I collated my data from shorttracker.co.uk and slowly keyed it in to a spreadsheet. I am quite capable of gettings details wrong hence I would love to double check things.

Cheers.

[bocase] 24/1/2018 21:01

Pazzuzu

To be honest whether they are listed as buys or sells never makes sense as they are always both and they are late reported trades that would have taken place in trading hours. There was clearly buying into the close which is always a good thing. maybe I am just being optimistic but I think we have seen the worst. That was clearly capitulation at lunchtime today

[hammerd2] 24/1/2018 21:00

Eeny weeny your Coltrane and Ennismore averages are way off. Ennismore are currently the only notifiable shorters still in deficit following recent drops.

[pazzuzu] 24/1/2018 20:26

Anyone looked at those after hours sells today, they are some whoppers. One is a £3.2mill

[pbutterworth1] 24/1/2018 20:21

+1 galatea99

[galatea99] 24/1/2018 19:48

Great post from someone named Graham Ford on Stockopedia:

"The company cannot disclose much about its customers because of non-disclosure agreements. At the same time it operates in just one part (epitaxy for compound semi-conductor wafers) of a supply chain for products that serve a wide variety of markets with different growth rates in a highly technical field. As such it has almost no peers to compare against and yet many analysts and commentators use comparisons against so called peers as a justification for whether it is over or under-valued. Furthermore, it needs capex to expand capacity, because sales are growing (i.e. a good reason) so FCF is reduced for now and those that want to value the company on that metric are critical. Others want to value it on other historic numbers which bear little relation to what the numbers are going to be 18 months down the line, again something of a hiding to nothing as the past cannot predict the future here.

The involvement of the company in the supply chain for VCSELs for facial recognition etc. on the iPhone X has been good for the company but caused huge volatility in the share price. Many of those with limited understanding of the company are either over optimistic thinking this is going to be another ARM overnight and chase the share price up, while others are overly pessimistic either misunderstanding the growth prospects substantially or hanging on every internet rumour about the iPhone X as if these rumours were factual, accurate and substantive (which they are not).

Many make a big noise about shorters as if they have sage like powers. They have essentially the same information as the institutional investors who were already long holders or who bought in at the recent placing. So, who’s got better insight among those two groups? Impossible to say. But if you give credibility to the shorters why not also to long institutional investors?

This all adds up to a rollercoaster. Only actual numbers from the company at the next update/results issue will give any clarification and even then the overly optimistic may be disappointed by good results not being even better and more volatility may happen for some time.

Overall, if you believe the mid to longer term opportunities for this company (5G, internet of things, LiDAR for driver assistance, HAMR disk drives, face recognition, augmented reality etc) are excellent, as I do, then it should not be a problem to be bullish here despite the rollercoaster. But if you cannot stand the volatility or take the time to understand the company, or are nervous about highly rated tech companies then better to stay out until there are actual results to base an investment decision on or a few years down the track when the best growth in the share price has passed.

I’m holding on for the rollercoaster ride."

[bocase] 24/1/2018 19:21

Deny weeny,

Thank you for posting that. If it is roughly correct it is very useful info, particularly with regard to the average shorted price which is much higher than I expected. That implies that they are all nicely in profit and could close and make a decent return with no great need to try to push it lower. That is good news.

Where does it go tomorrow. My guess and I am probably wrong is that we go higher on the basis that they have, today, shaken out all the sellers prepared to sell at this level and probably would not have the success in precipitating the falls that they achieved today with the combination of dodgy news flow and nervous holders

Thanks again deny weeny. I can't imagine when you got the info but very useful

[toffeeman] 24/1/2018 19:10

EEnyweeny - how do you compute the average price of the current holding - rather useful!

[john09] 24/1/2018 19:04

So where is this one going tomorrow do we think? Quite smug about my £1.04 purchase today and ignoring all the doomsayers. I also nearly sold at £1.06 and then £1.09 but decided to switch the computer off because this may hit £1.15 today ;)

[ropey] 24/1/2018 18:48

It's not all dark and death for Apple. The brand will end the year on a high note with a total of three new iPhone X-inspired designs - a second generation 5.8-inch iPhone X, 6.5-inch iPhone X Plus and a "$650-750" 6.1-inch iPhone SE replacement fitted with Face ID. This is an extract from an article in an IT related press.

[thecrunk] 24/1/2018 18:20

Can I just say if you look whats actually going on with apple.

Their plan is (amongst other things) is to make a cheap mass market I Phone with 3D facing recognition (IQE products). This is really good as 3d sensing becomes truly mass market and not just for the more expensive phones.

hxxps://inews.co.uk/news/technology/analyst-apple-plotting-cheaper-6-1-inch-iphone-x-for-september/

[pbutterworth1] 24/1/2018 18:03

Thx Eenyweeny GL

[eenyweeny] 24/1/2018 17:54

Hi all.

I don't post much onto ADVFN these days but I do lurk big time.

I have an interest in IQE.

This may be of some use to some of you.
I have only used data from mid 2017 onwards as all previous shorts were conducted in 2013 - 2014 (not of relevance now). My data is not 100% accurate but it is close enough for my uses.

The charts show the number of shares being shorted by the main funds and the patterns of activity.
Don't forget there could well be many more short position out there, each of which is not large enough to require publishing.


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I am watching this share closley every day now, but still awaiting a clear and decisive buy signal on my charts. Not yet.

[onething] 24/1/2018 17:36

Strictly speaking a trade is a transaction, whether one has held or plans to hold the shares for 5 years or 5 minutes. What happened to the term 'speculator'. Far more descriptive.

[regasclockwork] 24/1/2018 17:36

prokartace24 Jan '18 - 16:05 - 11730 of 11745
0 1 1
"Traded in and out today with a net 8% return but not happy because I am an investor not a trader." -End-

That's interesting. I know of a bloke with a shed-load [make that multi-storey car park] of expensive cars who said almost the same thing. But in his case he left a day or two between sell and buyback and insisted that he was not a trader. Whether he still holds shares in IQE we will never know. Lol!