Iqe Share Discussion Threads

[michaeljames1] 27/4/2018 17:40

The board are concentrating on doing their jobs, making sure IQE is a successful business. Shares aren't a get rich quick scheme, you need to be patient and wait for the big picture. If there is news to be announced they will announce it, and if there isn't let them do their jobs. If you think about the long term it doesn't matter if they give us updates every 2 weeks or 6 months, at the end of the day the business is doing the same thing and the outcome will be the same. These things take time, if you want your returns instantly then take your money to a casino and put it all on red, at least then you'll have an instant outcome as I don't see patience being your strong suit.

[thecrunk] 27/4/2018 17:34

I just looked at the board in detail. Here are some comments.

- all old white guys
- Get rid of Sir Derrick Jones he is a dead weight.
- Get a woman on the board
- get someone from Silicon Valley

Job done.

There is no diversity

[adejuk] 27/4/2018 17:15

sail
it's pointless talking to you
you refuse to address the point i am making
have you ever heard of investor relations?

[sailastra] 27/4/2018 16:57

It is not the job of the BOD to micro manage the stock price. It is their job to manage the company and maximise the opportunity. The stock price will eventually reflect the value of that opportunity.
Later in the year we will find out how things are going...The seeds have been sown but there is no point checking them every day it takes time to see the growth we are anticipating...

[adejuk] 27/4/2018 16:39

sailastra
that, in a nutshell, is the problem.
they don't give a f...

[regasclockwork] 27/4/2018 16:25

I'm sorry to say it, but if members of the board of IQE are reading this BB, it's more likely that they will be falling about laughing like 'The Little Tin Martians' in the Cadbury's Smash advert from 1992.

I urge you to click on the 2 refs below as I'm sure they will make you chuckle.



And:


Any advance on 225p by AGM day?

[adejuk] 27/4/2018 15:33

i agree crunk
even though i don't have your £ background or education
bb have an impact on bod and if we keep plugging away about skill sets, sooner or later they will listen
gl all

[thecrunk] 27/4/2018 15:15

Oh thanks Bocase I understand.

I actually have read quite a lot (read buffets the Snow Ball - very good) and also Benjamin Graham (the value investing one). Charlie Munger never understood him other than he was a womaniser who read prost at dinner parties. Or was that Graham I can't remember. I do wish we were back in the days when stock picking was that simple. i.e no financial weapons on mass destruction. Although ironically Buffet has gone long big time on Apple - must be good for us as he usually does not foray into tech.

I studied in detail as part of my masters in finance Black Scholes Bionomial Option pricing, motecarlo simulation, Barra Modelling, Millar and Modigliania Capital Structure theory, Value at Risk Calculating. How to calcualte WACC all the infinite ways, increase in enterprise value from debt tax shields, every type of complex derivative you can think of from put call collars to cat options. John Merryweather and Long Term Captial Management, Liars Poker.

I met in person Joel Stern of Stern Stewart EVA.

None of this helps me at all with IQE - maybe Stern Stuart Economic Value added when plugging in their financial numbers.

I am not worrying by the way.

RE the board - I employ them. I own a % of the company. They are employed to make me money. To do that they need to manage the share price to protect our company reputation which can be hurt by shorters. I don't want someone like Apple to drop us for Finisar because there is too much negative perception around us because we are say the 5th most shorted company on the London Stock Exchange.

So I expect my board to manage our reputation and that involves doing better than they are doing now.

There are members of that board that read this board I promise you.

The more I complain the more they cannot avoid hearing it.

[suffersnofools] 27/4/2018 14:45

Compare productivity increases, debt levels and bonds of that period with currently.......

[suffersnofools] 27/4/2018 14:43

I posted the comparison of FTSE/Dow yesterday - FTSE is a basket case but it will get hit when the US falls.But wtfdik etc ;)

[regasclockwork] 27/4/2018 14:36

adejuk27 Apr '18 - 13:12 - 16712 of 16720
0 0 0
"ano 10k at 106 now 130
will hold on the remaining 20k to see if this rally holds
you will remember i sold at 117 - i think" -End-

I 'think' I can 'confirm' that you 'might' have sold at 1.17. Or was it 5 mins past three? LoL!

[horneblower] 27/4/2018 14:35

Take no notice of them, Crunk.

Between 1983 and 1999 (seventeen year Kondratieff cycle) the Dow Jones index went up over 10 times. That's 900%.

The new cycle only just started in 2016 since when the Dow has gone up a mere 50%.

You ain't seen nothing yet.

[squire007] 27/4/2018 14:23

News Monday ............. kaboom

[bocase] 27/4/2018 14:23

Crunk. You miss the point. The advice was not to sell and leave but to stop whittling about the share price and to stop giving advice to the board of directors who are doing what they are employed to do

It was also good advice to read books by Buffet and Ben Graham. It would stop you worrying

[mad foetus] 27/4/2018 14:19

Or you could say that markets were rangebound from 2000-2015 and that you would expect any breakout after such a long period of consolidation to be prolonged. Nobody knows what the future holds. The FTSE is up 6% in 18 years. And that is supposed to indicate the end of a bull market? Where is/was the euphoria? Best to keep mind open to all possible outcomes.

[bulltradept] 27/4/2018 14:13

thecrunk,

"Bocase what is the advice - sell and leave?

You really think that is a good idea at 106p.

I would never sell now that would be daft. So why must I take the advice.

I never attack public members on this board or give them "advive" i simply talk about the company and its employees.

Sorry not selling. Don't care how many experts advise me too."

If this IS your only holding, which I think it is, you do realise, that if you ever are down 50% then the price has to appreciate (from there), 100% to get you back to break even.

To say selling now would be 'daft', is a ridiculous statement if, as others have already pointed out, this bull run is one of the longest in history.

One only hopes you haven't put too much into this one position...?

[suffersnofools] 27/4/2018 14:06

Because markets are cyclical - this bull run is already 9 years old and US valuations are way above historical norms. Add in the fact that the underlying US economy outside of FANG is struggling, interest rates are already effectively zero and the bond yield curve is about to invert which will suck money out of equities. Then factor in an impending auto finance sub prime crash - et voila DOW at 12k.Technically the US markets have already broken down and they will drag everyone down with them. The distribution phase began in December. I'm hoping for one last rally to sell into. Long term IQE is a winner but all boats fall when the tide goes out.

[mad foetus] 27/4/2018 13:53

Not sure why the markets will go full bear mode when all of the biggest companies are publishing results ahead of expectations and global growth is forecast to be near 4% for the next 2 years. Or why, if it did happen, a fast growing company with a modest valuation would be the hardest hit. But thanks for reminding me not to suffer fools.Really, everything turns in taking out 108, preferably with volume. Once that happens it is blue sky ahead, and everyone knows it. Downside remains 102 at first instance. Les jeux sont fait, what?

[suffersnofools] 27/4/2018 13:48

Nobody knows what the future holds. If the markets go full bear mode then 106p will seem like a distant dream!

[thecrunk] 27/4/2018 13:40

Bocase what is the advice - sell and leave?

You really think that is a good idea at 106p.

I would never sell now that would be daft. So why must I take the advice.

I never attack public members on this board or give them "advive" i simply talk about the company and its employees.

Sorry not selling. Don't care how many experts advise me too.

[adejuk] 27/4/2018 13:12

ano 10k at 106
now 130
will hold on the remaining 20k to see if this rally holds
you will remember i sold at 117 - i think
i am really in a panic :-)
the bod needs new skills on board
why do peeps get so upset at the suggestion or think it signifies a loss of judgement?

[joeall] 27/4/2018 12:26

Thecrunk,you are fine with 50%loss &that is your aspersion?