Iqe Share Discussion Threads

[galatea99] 02/2/2018 20:45

Bocase,

Only Debenhams has a higher figure, according to the FT.

[bocase] 02/2/2018 20:42

Galatea99:

That implies one hell of a short squeeze to come. To buy back the shorted stock would take approx 64 days of non stop buying at average volume...on top of normal trading of course.

[galatea99] 02/2/2018 20:33

FT is reporting that, according to data from Markit, a total of 23% of IQE's stock has been lent out for shorting. The short positions of over 0.5% declared are 11.7%, according to shorttracker. The rest must be the positions individually under 0.5% plus the total of stock borrowed but not yet shorted. Not allowed to include link but this info is in an article on today's stock market moves.

[nimbo1] 02/2/2018 20:08

whatever ones opinion price action in the market is the only thing that matters - given the US markets this is likely going sub 100 on monday. it won't be pretty imo as the stops are taken out. This is not a deramp, just a dispassionate observation. Who cares who is loosing what - the markets aren't a club!

[richardc77] 02/2/2018 20:04

Just remember guys like Sweenoid and Sheepy have much more to lose having seriously large holdings...

[thecrunk] 02/2/2018 20:01

Evil K

" one occasion he lost a cool £3 million when he shorted shares in the property company Regus. He had originally sold Regus in the belief that the company would go bust but a US bankruptcy court approved a restructuring plan and he could only watch in horror as the shares doubled in price and he was forced to buy the stock back at the behest of broker Cantor Fitzgerald. This year, his bet against Asos, the online fashion retailer and City darling, also seems to be losing him serious money: the stock has almost doubled in the past 12 months"

[panic investor] 02/2/2018 19:46

You were in those two ? Surprised you didn't end up with Fitbug too after those choices ;-)

[neil100] 02/2/2018 19:36

Someone sounds like a Luddite

[amt] 02/2/2018 19:10

As soon as Evil k starts posting on a board I get nervous. I lost a lot of money on Blinkx or rather lost money I had previuosly made on the way up. This time I am going to keep my nerve and retain the few shares I have left. GBO I sold out once he posted and a couple of other examples but I am more relaxed this time.

[kuss1] 02/2/2018 19:06

How much do you spend on your car? Or a nice suit or whatever. Some people will pay £1000 for a teeshirt. It's all about status and self-worth. You might not think that's you, but you'll find you spend many times more on some things than others. And why not!

[kuss1] 02/2/2018 19:02

Huge amount of short positions to unwind. Oh dear!

[bookbroker] 02/2/2018 19:02

Just do not understand the fools who keep upgrading their IPhones, it is a phone for God’s sake, if you want to live on the never never, fine, but people will be a good deal better off in the long run if they acquire the essentials for a reasonable standard of living than falling for Tim Cook’s guff, a grand is a lot of money, and in twenty years you’ll be paying for your own healthcare, I suggest people start prioritising, and state finances are heading door a catastrophe, along with global finances!

[thecrunk] 02/2/2018 19:01

In other news HIMAX up 4% today.

[kuss1] 02/2/2018 19:01

All nonsense. And old Mr Evil no-one really cares.

IQE a good company with an excellent product.

Markets on a wobble, but it's just the usual headless chickens..

[richardc77] 02/2/2018 18:57

Well IQE surely is attracting some bad publicity, and some unsavoury types, I guess many wish they’s exited at £1.70+

Just goes to show when times are good you never know what is around the corner...

[poombear] 02/2/2018 18:55

One other thing that jumped out at me was that they try to paint a dark picture regarding the equipment IQE supplied to the JV as part of the startup costs. IQE were always transparent about the non cash gain this provided and got a good deal. Cardiff Uni put up £12m in cash. Whats the issue?

[lurki0] 02/2/2018 18:47

RogerRail - snap.

[poombear] 02/2/2018 18:47

The article alludes that the csc JV has had no external revenue apart from within the iqe group. But an easy search will find that they have been awarded millions of pounds in research funding from external bodies.

[lurki0] 02/2/2018 18:46

So this document was originally "distributed" to certain parties on Friday 8 December, but only now - today! - do the authors decide to share it with their own "investors". A bit rum for the "investors", surely?

[rogerrail] 02/2/2018 18:40

Not sure why so much credence is given to this report, if there were any serious misdoings you would think that they would have been spotted by PWC as external accounts auditors. The fact it is released now to pi's when it has been available since early December illustrates the tactics at play.

[picobird] 02/2/2018 18:34

Bombadil79

Apparently GBO had an audit committee with ‘no declared viable accounting knowledge’.
If you look at the audit committee of IQE you will find that the opposite applies.

[kazoom] 02/2/2018 18:29

I don't think that the report is libellous as such (whether it has any basis or not) it makes assertions and questions rather I think than state anything as a fact.

But then it is so waffly (35 pages repeating essentially two observations in different ways - as if they are trying to nullify the readers brain and convince them that so much detail can't be wrong) that I couldn't face more than skim reading most of it. So if I did miss any statements that could be libellous, I'd be grateful to hear.

[davehulb] 02/2/2018 18:26

Think this is what the fuss is about the basis of the report is herehttps://twitter.com/rhomboid1mf/status/959475078407868417