Iqe Share Discussion Threads

[adejuk] 04/6/2018 08:22

odds on a red finish?

[thecrunk] 04/6/2018 08:15

Amazing what some news can do.

Very happy and good luck to IQE.

In hindsight it was worth the wait.

Enjoy the factory tour to those going and do give us your feedback.

"Qualification programmes with over 10 additional key vscel chip manufacturers"

Music to the ears

[pi0110] 04/6/2018 08:06

Shav, I love Mallorca, came back from there just a couple of weeks ago. Four nights in Palma old town and then 3 night Port De Soller.

I would highly recommend "Cas Patro March" restaurant in Deia cove for a lazy sea food lunch if you are staying anywhere near Deia. The restaurant is cut out of rocks on the side of the cove. Enjoy

[bocase] 04/6/2018 08:03

Amazing the difference a simple update makes!!

[rivaldo] 04/6/2018 07:48

Looks good, particularly the "strong" wireless activity and "over 10 additional key VCSEL chip manufacturers".

Here's a direct link:

[shavian] 04/6/2018 07:47

Good luck to all at the AGM this morning. Despite living less than 1km from the hotel, sod's law says I cannot attend as we are catching a long-booked flight to Mallorca later today. However, I've been topping up at these crazy prices. Enjoy your tour of the plant!

[mysteronz] 04/6/2018 07:17

IQE plc (AIM: IQE, "IQE" or the "Group") the leading global supplier of advanced semiconductor wafer products and services to the semiconductor industry, announces that at its Annual General Meeting which will be held at 11:00 today, Godfrey Ainsworth, Executive Chairman of IQE will make the following statement:

?In our 2017 results announcement and Annual Report and Accounts, we stated that we would use H1 2018 to replenish wireless inventory channels which had been depleted as a consequence of the rapid ramp of VCSELs in H2 2017 and that photonics capacity would be released to qualify multiple other customers for VCSELs in H1 2018. We are pleased to confirm strong wireless activity and that we are actively engaged in VCSEL qualification programmes with over 10 additional key VCSEL chip manufacturers, which are progressing in line with the board?s expectations. We confirm our guidance for a 40:60 revenue split H1:H2 2018, with a shift back from wireless to photonics as we enter H2 2018.

?The commissioning of the new Newport Foundry is progressing to plan, with the first five reactors now all on site and in various stages of acceptance testing, commissioning and qualification. The second five reactors are expected to be delivered on site commencing Q3 2018, with acceptance testing, commissioning and qualification during the rermainder of 2018.

?Our new technologies portfolio, including GaN on Silicon, NanoImprint Lithography (NIL), Crystalline Rare Earth Oxide (cREO), and Quasi Photonic Crystals (QPC), is rapidly gaining strong traction and engagement with key customers around the globe for a wide variety of high volume applications.?

?On the Corporate front, following the tragic death of Mr Phillip Rasmussen ACA, the Group?s CFO in April, 2018, the Board appointed Dr Godfrey Ainsworth FCA, as Executive Chairman of the Group with immediate effect and he has been retained on a one year contract running to 31st March 2019. As previously announced, Dr Ainsworth will provide investor relations support to the CEO Dr Drew Nelson, and oversight to the Group Finance team, headed by Group Finance Director, Mr Neil Rummings ACA. The Board is also actively engaged with head-hunters to recruit a replacement permanent CFO. The Nominations Committee is also working to recruit an additional Non-executive Director who will take over the Chair of the Audit Committee, which in the interim period, is chaired by Sir Derek Jones. Dr Ainsworth has also indicated to the Board that once all candidates have been appointed to these roles, he will seek to retire at the end of his one year contract. Mr Phil Smith, former Chairman of Cisco who joined the board in December 2016, will become Non-executive Chairman on the retirement of Dr Ainsworth.?

The Group will announce its Interim Results for the six months ended 30 June 2018 on Tuesday, 4th September 2018. An analyst briefing will be held later that day at a time and venue to be announced.

[adejuk] 04/6/2018 07:06

where is it nick?

[nickwild] 04/6/2018 07:04

RNS very positive

[picobird] 04/6/2018 02:52

Good luck to all on the company bus tour today, the forecast looks really promising.
Perhaps visiting the new company canteen for a cream tea too.
I am off on a trek where the locals are at full throttle at 6 in the morning.

[adventurous] 03/6/2018 19:57

Dipomat65 - Thankfully there are enough investors who see straight through the rather illogical stance taken by FiveFreeShareTips :-)

[regasclockwork] 03/6/2018 16:48

Not sure if this has been discussed again recently.

I think I'm right in saying that Apple [6-months back?] 'invested' $390m in Finisar for future increase in production of VCSEL wafers which will result in 500 new jobs being created.

I know it has been discussed, in depth, on here in the past and the competition was dismissed as an 'also ran'. All competition was said to be way behind IQE's product.

Might be worth bringing up with management at the AGM tomorrow? You might get an honest answer, you never know. Hopefully, IQE is either holding or increasing the competition gap.

It's just that $390m is a pretty serious investment.

From FT [Sat? info from iii]
“Financial Times: Apple’s confirmation that it plans to develop its own power management chips for iPhones resulted in 15% slump in shares in chipmaker Dialog Semiconductor.”;

[siborgz] 03/6/2018 11:18

B&B:Being a member doesn't mean I haven't been following the board. Anyone can view this chat just can't post unless you are a member. I look forward to feedback from AGM and the tour. Marty McFly x

[dpmeyer] 03/6/2018 10:11

Toffeeman - no, satellite links are over RF spectrum, not light. Plenty of use for other CS wafers, of course, but no particular use for VCSELs that I can think of.

[toffeeman] 03/6/2018 09:15

Dave et al - is there a role/need for VCSELs in satellite broadband - I am thinking of users on planes and cruise ships?

[solderflux] 02/6/2018 23:52

Delete the damn post B&B will you, put us out of misery!

[cotswoldsparky] 02/6/2018 23:06

Time traveller?

[beermat1] 02/6/2018 21:32

Is that really too hard for you to figure out ??

[belt n braces] 02/6/2018 16:11

Member since: 05 Feb 2018

yet has been following this board for over 12 months?

[richardc77] 02/6/2018 09:00

Look forward to feedback from Mondays meeting. I increased my position again on Friday, I am a believer ;)

[siborgz] 02/6/2018 00:00

I have been monitoring this board for over 12 months now and the thing that frustrates me most as Head of Finance for one of the largest global companies is the discussion around intangibles. The cash flow is very easy to understand and IQE are investing cash generation from operating activities in PPE for future profits. I welcome the opinions from most people on here but recently I have seen some pointless comments. Let's stick to the facts and enjoy the gains to come.