Iqe Share Discussion Threads

[sweenoid] 31/1/2018 08:02

The Lumentum announcement explains in partApple’s investment in Finisar ;-)

The bottom line is that there IS and will REMAIN a GLOBAL SHORTAGE of VCSEL supply, and anyone that does their research knows, not ALL VCSELS are created equally ;-)

Eitherways any collaboration that accelerates Android 3D sensing is fabulous news for IQE

Also it endorses the OUT-SOURCING model employed by IQE, there is simply NO WAY that vertical companies like Lumentum, Finisar and Himax can concentrate on VCSEL production when their CORE business of module production is being so stretched- think long and hard on that point

Nothing sensational here, but an update from Bluglass last night, simply mentions at about 2 mins 20 seconds the strong collaboration with IQE which is NDA’d, this is all about incorporating IQE’s cREO IP utilising Bluglass low temperature RPCVD technology and I am guessing we will be hearing a lot more about this shortly


S

[poombear] 31/1/2018 06:54

Thanks Taffy.

This answers the route Himax and Qualcomm went. Which also makes IQE a probable supplier here to. And as this may well be a product used in Android phones means its a bigger market than Apple.

"Lumentum partner Himax, with their SLiM™ module for mobile device platforms, incorporates a Lumentum diode laser, wafer-level optics (WLO), laser drivers, diffractive optical elements (DOE) and additional semiconductor components for Face ID facial authentication."

[blueflame] 31/1/2018 01:03

Dexter - hopefully Qorvo will mention something later on today when they release their results.

[regasclockwork] 31/1/2018 00:20

hammerd230 Jan '18 - 18:04 - 12177 of 12184

"EDIT - excuse my slight crotchetiness, I've decided to only drink on up days......" -End-

Fingers crossed that you don't come on here at the end of Feb. and say, "Not a drop has passed my lips for more than a month". I'd much prefer to hear that the wine consumption in France has increased by 10% in the same period.

[dexter5] 31/1/2018 00:01

Noted on Bloomberg TV that its thought that Qorvo have taken over
Broadcom front end product for new Apple phones No detail as to what or when but
Qorvo is a major customer for IQE. Lots happening this year .:)

[taffy100] 30/1/2018 21:46

IQE customer I believe.

Lumentum Showcases New Technologies And Solutions

PR Newswire•January 30, 2018

[drobinson1991] 30/1/2018 19:30

The fund will receive a fee split of the earnings from shorting and the fee split is dependant on the negotiation between the fund and the securities lending provider who acts as the middle man between the broker dealers and the fund. Allowing short selling in their funds creates alpha in their portfolio as well as allowing other strategies to proceed such as dividend tax arbitrage. E.g. if the fund is a UK entity and hold a French stock they may only receive 80% of the dividend due to tax, lending a French stock to a French entity may allow that entity to receive 90%. Very simplified example but there are very many reasons for securities lending it's not just for "doom and gloom" shorting....

[jamesrowe] 30/1/2018 19:16

After that Routers article, now would be an excellent time for the lenders to all-at-the-same-time demand their shares back from the shorters. :-)

However, one question that I have about funds profiting by lending shares to shorters.... Who pockets the cash received from lending out the shares? The fund itself (i.e. investors in the fund) or the fund manager? If it is the former then, taking a long term view, you can almost make a case for why they lend the shares out. However, if it is the latter then that would appear to be a clear conflict of interrest would it not??

[toffeeman] 30/1/2018 19:04

If I was invested in a T Rowe fund and they couldn't go short, I would be very worried indeed!

[thereptile] 30/1/2018 18:38

your liver must be having a well earned rest then h2

[hammerd2] 30/1/2018 18:04

Toffeeman - the problem with fund managers doing that is that the only money they have belongs to their investors who invest in their funds. If I were 64.5 years old and about to retire and my main investment for my retirement was a T Rowe Price fund which held a bunch of long IQE shares then I would be ROYALLY f'ed off that their activities had directly contributed to my fund being worth less than it otherwise would have been if they hadn't.

As to them enjoying the benefits of being able to buy cheaper as a result of the shorts in place (directly facilitated by their actions) then this really is little more than collusion, price gouging and market manipulation bordering on, effectively, insider trading and is, or bloody well should be, illegal !

EDIT - excuse my slight crotchetiness, I've decided to only drink on up days......

[bocase] 30/1/2018 17:46

Like Toffeeman, I too am a simple soul but have been trading and investing for many years and it is a simple observable fact that when a price spikes too much it regresses to the norm. The rise that IQE had last year is sufficient to make a good bet on the stock falling back and opening a short position.

There does not have to be 'something bad going on that only the sharp city boys would know'

After all was Arm not heavily shorted as it was rising and look at the Dow today. It has risen to far to fast and is now down 350 points on the day. It does not mean the US economy is about to crash..simply that the Dow has risen too far too fast and is, therefore a good candidate for a short.

I think that is all there is to it.

[hoverflyman] 30/1/2018 17:20

Sweenoid’s link extract: “But over the last few months, some short sellers - who position themselves to profit when a share price falls - have grown convinced that IQE will lose its dominant position in the technology, according to sources familiar with two of the seven hedge funds that have disclosed short positions in IQE’s stock.

They declined to be named as they are not authorized to speak publicly”.

Amazing that so many share this same conviction despite IQE’s diverse portfolio of cutting edge products many of whose markets are about to inflect, no less. No wonder Meadow’s comment was confidently spare.

[sailastra] 30/1/2018 17:15

The shorts are not idiots, they are sharp boys and will have spent time and money looking at all angles of this business... Mr Meadows has gone on record let's see how things settle..

[richardc77] 30/1/2018 17:13

Good to hear from Meadows..re shorters, it WAS simple the majority saw too quick a rise, that is as clever as (most) are when deciding what to short.

[toffeeman] 30/1/2018 17:09

I am a simple soul. I use spreadbets to short a stock when it rises to a resistance point and I don't wish to sell, so I aim to make money on a re-trace.

What is the difference with Rowe holding a bucket-full long term and wanting to profit from a pullback.

They lend stock to the long/short fund also operated by Rowe who then sell it and make money when they buy it back further down and return the stock to the long arm of Rowe.

As I said I am a simple soul - but it makes rational sense to me.

[yump] 30/1/2018 17:02

The short interest in Carillion was probably because they actually understood the business and could read balance sheets and accounts, although a 2% margin would put any business at risk of the unexpected.

So short interest here is because of something else, which can either result in thought or lack of it, depending on whether people think shorters are just evil, or have a reason, or just have to short something for the sake of it.

[tsmith2] 30/1/2018 16:54

business as usual. Significant technological lead...

[kuss1] 30/1/2018 16:22

Doesn't matter all the conjecture. IQE trading ahead of forecasts. That's just fine with me.

[poombear] 30/1/2018 15:54

I didn't have a problem with the link or the content.

[hammerd2] 30/1/2018 15:38

I've never felt massively comfortable or convinced that Apple were the, or one of the, OEMs IQE have mentioned. Seagate seem a far more natural fit in the role of OEM partner. One of them at least.

[sheep_herder] 30/1/2018 15:31

Hence why I prefaced that link with the statement I did. /rolleyes/

Understanding the portfolio of technology IQE are building certainly helps my decision making, and it was the link between those patents and HAMR that intrigued.