Iqe Share Discussion Threads

[kuss1] 30/1/2018 07:32

The inevitable roll-out of the tech across multiple brands. iPhone X is just noise and already discounted in the price imo. 12% to buy back... quite a lot.

[rivaldo] 30/1/2018 07:22

The new Samsung Galaxy S9 is rumoured to have facial recognition....

[lucicavi] 30/1/2018 07:22

The way shorters are getting to grips with stocks like this recently I ouldnt be surprised to see 100p again.

[wossupsa] 30/1/2018 06:35

Will be interesting to see what happens today after the (bad) Apple news, may explain the (set-up) rise yesterday?

[amt] 30/1/2018 05:30

It does look very good but the problem is the market cap is nearly 900m. The usd has fallen a lot in recent weeks also which is a headwind. So a lot of good news is already in the share price To justify the current share price sales would need to double over the next couple of years and a net profit of 45m would still be pe of 20. Its possible but the days of hoping for a doubling of the share price look to be behind us in my view so I will stick with other investments where I see more upside and keep my small remaining investment. I have been tempted to buy back recently having sold most at much higher share price but I am not going to make the same mistake as I did with IMG and see all my gains lost.
Anyway thank you IQE for making me a lot of dosh in the last year or so.

[squire007] 30/1/2018 01:56

They will have a go first thing but it is futile .....lol

[horneblower] 29/1/2018 23:36

I think the shorters are chart bandits.

They have calculated that the combination of a look-a-like 'head and shoulders' and a small 'breakaway gap' at 86p means that the share price is attracted to return to 85p, or lower.

Well they were right that the share price had well over-reached itself and needed to come back to £1, but, being amateurs they have missed the more pertinent chart force which is the real character of the strong up-channel.

This is the third of two historic waves and, as such, is not what they think it is.

When it slowly slides northwards up the lower medium-term up-channel they will gradually come to realise their mistake and have to reverse their position. This probably won't happen until 130p but I will laugh when it does.

Encoulez vous, arrivistes!!!

[horneblower] 29/1/2018 23:11

bocase,
Ok, but a little punctuation can go a long way.

[bocase] 29/1/2018 21:54

Pbutterworth:

Yes I could not agree more.

[bocase] 29/1/2018 21:53

Horneblower:

I only wrote the first paragraph. The rest is Motley Fool article published today.. and yes they lost me on the last paragraph too.

[pbutterworth1] 29/1/2018 21:49

Bocase - "Currently, 11.8% of its (IQE) shares are being shorted. When a stock is that heavily shorted, you need to be careful"........

Excellent ! share price depressed = More money to be made on the rebound IMO

[horneblower] 29/1/2018 21:48

Agreed with your first paragraph.
Lost you in the last.
Long term investors should buy it anywhere below £1...or even 118p.

[bocase] 29/1/2018 21:05

The appropriately named Motley Fool tonight implying short interest caused the collapse of Carillion - how do some journalists expect to be taken seriously:

Over a one-year time horizon, semiconductor wafer manufacturer IQE (LSE: IQE) has been a fantastic investment. When I covered the stock in early January last year, the shares were trading at around 40p. Today, they change hands for 115p. That’s a strong gain of nearly 190%.

Yet since I looked at the investment case in November, the stock has plummeted over 35%. I warned investors that it was time to be careful, due to the exponential 18-month price rise and the fact that several institutions were shorting the stock. That call looks good in retrospect – those who bought late last year will now be sitting on significant losses.

With the stock back at 115p, and up 10% today, is now the time to get on board?

Reasonable valuation
For FY2018, IQE is expected to generate revenue growth of around 18%. Earnings of 4.24p per share are forecast, roughly 30% higher than the expected figure for FY2017. That suggests the company’s growth prospects are significant. Given that level of growth, the forward-looking P/E of 27.1 doesn’t look outrageous, to my mind.

Having said that, I won’t be buying the stock right now for one reason: the short interest.

Beware the shorters
In recent weeks, IQE has surged up the dreaded short interest tracker table, to now occupy fourth spot. That means many super-smart hedge fund managers are betting on its price to keep falling. Currently, 11.8% of its shares are being shorted. When a stock is that heavily shorted, you need to be careful. Just looked at what happened to heavily-shorted Carillion shares recently. I’ll be steering clear of IQE for now.

[chessmaster10] 29/1/2018 21:02

5g rollout plans ticking along nicely, building blocks being put in place for the handset content.

Don't forget the bigger picture in the midst of all this shorting nonsense.

[bocase] 29/1/2018 16:50

Regasclocwork:

Excellent news.

Confirms the growth in the sector that we had been expecting.

[regasclockwork] 29/1/2018 16:20

Apologies if already posted. I suspect it has, but I haven't had time to sift through the mountain of good posts today. Sounds like good news. Pinched from iii BB - Name: bonzoful at 9-12 AM today:

ams working in comparable field to IQE now predicting to double revenues between 2017 and 2019. Their announcement today is below. Broker forecasts for IQE are for a 50% increase in revenues over the same period - which now seems cautious.

(SIX: AMS), a leading worldwide supplier of high performance sensor solutions, pre-announces fourth quarter 2017 revenues of EUR 470.3 million resulting in record full year revenues for 2017. With fourth quarter 2017 revenues 252% higher than a year ago, ams achieved record 2017 full year revenues of EUR 1,063.8 million, up 93% from EUR 549.9 million in 2016 (282% and 100% higher in constant currency, respectively). This very strong growth resulted from new consumer business in 3D sensing and advanced light sensing in particular.

Based on increases in revenue pipeline visibility, ams is excited to announce the increase of its revenue growth expectation for 2016-2019 to 60% compound annual growth rate (CAGR), combined with an adjusted EBIT margin target of 30% from 2019 onwards. The substantial upward change, which translates into 2019 expected revenues of more than EUR 2.2 billion, is particularly driven by a range of revenue pipeline opportunities in smartphone and consumer applications that are clearly coming into view. Resulting from structural growth in sensing, this includes programs in 3D, optical and spectral sensing, among others, as well as attractive growth contributions from ams’ automotive, industrial and medical business.
ams will publish financial information for fiscal year and fourth quarter 2017 on 6 February 2018 before market open as previously announced.

[tsmith2] 29/1/2018 15:36

suspect buyers in control for next couple of sessions, ratchet up pressure on shorters...

[tsmith2] 29/1/2018 15:27

nice rise in last hr...?

[toffeeman] 29/1/2018 15:01

thecrunk - suggest you change your name to thecrank - your posts are becoming more and more annoying as the frequency increases. Should I filter you?

[pbutterworth1] 29/1/2018 15:01

Crunk - I knew what you meant, and probably a lot of other people. If you incl property equity, I have not got 5% NW in IQE. Excl property I have about 9% NW in IQE.
IMHO today is the day to buy at around 117 for we all have been given a clear signal, with shorts closing from here on in (until the next time?) Next stop >150, and then over 170 in less than a month GLA

[sheep_herder] 29/1/2018 15:00

bloomer, depends on what you call significant. Yes, I doubt we'll see many phones until 19Q4 onwards but the infrastructure has to be built out and the backhaul networks will need significant additional capacity. It was the sheer number of micro cells needed to get coverage that I missed originally.

[thecrunk] 29/1/2018 14:53

Bookbroker let me rephrase. I have more of my % net work in IQE than any MW director has of theirs shorting IQE.

I have around 2.5 - 5% of my network in IQE which is not a lot in absolute terms. However in relative terms I have put more long into this of my own money that MW directors have of theirs short. And I am pretty sure they are playing with other peoples money regardless and not their own.

All irrelevant anyway. Great rise today.

[fuji99] 29/1/2018 14:41

The share price should return to 140p within just a few weeks.
Wonder what will happen to those waiting it to drop below 100p and particularly those who were dreaming of 75p.