Iqe Share Discussion Threads

[wattene] 12/6/2018 08:31

garth : have a gander at fingers chart thread.

[garth] 12/6/2018 08:25

Been watching for a while now having traded the rise from 100p to 140p. From a purely technical perspective, when the downtrend converges at 100p to complete that descending triangle - are we then breaking down or up? Any views?

G.

[cojones] 12/6/2018 08:18

Balls of steel is needed here. That was a horrible pullback last week but now loaded and ready for the rocket to turn around and start its boosters. Good luck all ;)

[adejuk] 12/6/2018 06:39

if x2 takes 5 years all i will get is a better casket

[bocase] 12/6/2018 06:09

I am not a fan of Motley Fool, but the article above supplied by Picobird does point out that IQE has a PEG OF 0.6 (Price to earnings ratio divided by the growth rate). A PEG of 0.6 is compellingly cheap. No longer can anyone say the shares are over priced.

[picobird] 12/6/2018 02:09

Motley Fool....why the IQE share price could double in the next five years



(I was thinking more like five months max)

[regasclockwork] 12/6/2018 00:00

A snippet from a post back in January by one of IQE's biggest PI's who is also a HUGE trader of the stock.

“My thoughts re T Rowe Price are entirely positive. Since the debacles of an erroneous rumour regarding Qualcomm caused Fidelity to sell their entire 10%+ share many years ago , T Rowe Price has been an amazingly supportive shareholder, they stuck with IQE through many years when the share price lagged and fell, The IQE CEO has commented on their totally supportive stance and full understanding of the company in at least 2 AGM’s ( when asked by me) TRowe Price UNDERSTAND IQE’s proposition. To some the idea that they are lending to shorters is a bit bewildering but for me it’s actually paradoxically reassuring , they can demand back 27 million shares overnight, whilst earning interest payments from the hedge- funds in the meantime.” -End-

The above poster sees T Row Price's 'investment' in IQE as a positive. It may well have been in the distant past when it possibly saved IQE's bacon, but is it still the case today, bearing in mind all the shorting that is still going on?

Can anyone remember what price T Rowe Price bought in at many years ago? Could be one for SufferNoFools [good bloke] who has held these shares for more than 17 years and done incredibly well with his investment. Well done him.

[master rsi] 11/6/2018 23:58

earlier on LIVE MARKETS

TURNING BULLISH ON TECH AGAIN (1252 GMT) It looks like high valuations and crowded positioning are no longer a big worry for investors and after last week's record run for the Nasdaq, confidence is growing that 2018 will be yet another strong year for European tech. "In contrast to our view in Jan, we now believe that 2018 will make it seven straight years of outperformance for the EU Tech sector. While we still see earnings in-line, we now expect the sector to relatively rerate," says Citi.

Even though economic activity in Europe is set to slow this year, that should not be a problem for the sector. Citi expects healthy EPS growth for European tech in 2018 and notes how the sector's valuation premium widens in times of weaker growth. Over the last 7 years the European tech index has more than doubled in value, leaving the broader European market well behind. The index is up more than 10.5 percent so far this year, while the STOXX 600 is down 0.7 percent. Citi's top picks are SAP, Capgemini, ASML, Temenos and IQE. (Danilo Masoni)

[grity] 11/6/2018 23:43

Positive numbers from these should give us a bit of direction & Boost

[cotswoldsparky] 11/6/2018 22:24

Take it with a big pinch of salt but:

"Forbes claims the phone (iPhone 9) will have the same first gen FaceID as the iPhone X, though the more expensive XI and XI Plus will have a newer, more advanced version of the face recognition software. That's not shown in the schematics though, so be a little bit more sceptical about those claims."

CS

[bocase] 11/6/2018 22:14

Nice one tonsil:

From tiny Acorns mighty Arms will grow!

[tonsil] 11/6/2018 21:57

Well I bought 500 pounds worth of Acorn at 8p in 93/94 I think. They owned 25% of ARM. It was taken off the market a couple of years later then after a hiatus we received ARM shares. The rest is history. The investment yielded 40,000 pounds over time. I sold it in tranches. If I had held it would have been much more.

[sweenoid] 11/6/2018 21:34

Just listened to the Macom presentation at the Stifel investor conference in New York ( I believe IQE are there too)
Very positive comments on their GAN on silicon RF base station business , CEO IS hyper confident :-) about their GAN business which is of course supplied by IQE


S

[thecrunk] 11/6/2018 18:00

Well Himax has certainly bounced off the bottom over the last 60 days.

IQE requires extreme patience.

I am confident things will get better as soon as we have a new chairman.

[bocase] 11/6/2018 16:40

Daijavu:

Wow! That is even more impressive. I did not really follow Arm after I sold but it does really make the point that patience can be rewarded and the real gains come, not from trading, but from letting the power of compounding work it's magic.

[daijavu] 11/6/2018 16:10

bocase. Softbank paid about £23 but that does not take into account all the splits. Someone who bought into ARM before the splits and held until the takeover received multiples of £23 per share for their original shareholding. I believe that the splits meant that some lucky shareholders ended up with about 20 shares for every single share they originally bought.

I doubt if IQE would replicate that but it would be nice if it came near.

[adejuk] 11/6/2018 16:00

patience is not the issue bo
only one red in my p/f out of 12.
must be those stupid pi selling one of the most promising growth companies on the lse
perhaps it has something to do with IR ?

[bocase] 11/6/2018 14:46

Adejuk:

Patience Adejuk..we have come from 20p 18 months ago. Yes it is frustrating and I totally share your frustration as I bought back in at £1.60 having taken a nice profit on the way up but I still expect to see £2 this year but we do need that positive news flow to get us there and we have a trading statement coming up in a few weeks and results and forward statement in September.

I am not comparing them to Arm but I bought Arm and 50p and sold them at 70p because they were going nowhere at the time (like IQE) and what did Softbank pay..about £23 I think.

[adejuk] 11/6/2018 14:25

what could possible be alarming about a drop from 180 to 100ish and being stuck in the doldrums while the shorters [who have no influence with their 50mill] take us to the cleaners?
we're all very happy aren't we?
after all, we have a new car park

[bocase] 11/6/2018 14:12

I think a lot of the current malaise in the share price is down to lack of news flow. I completely understand that the NDAs preclude the release of more information and of course those NDAs have to be respected.

Share prices are driven by news and will drift in the absence of it and my feeling is that is what is happening here so we must be patient and not be alarmed by the drift in the share price. We know it can put on 50p in the blink of an eye.

[mad foetus] 11/6/2018 13:24

I think, given that I posted a link from Milton saying that they had sold down IQE shortly before the AGM, it is a fact that at least one institution was selling. Saying all the volatility is down to PIs strikes me as a convenient excuse, but factually incorrect. Anyway. Let's hope they can drum up some institutional support from the US Stifel conference this week. One thing for sure, if the share price was 180 it would be easy to attract new investors. While the share price flounders most wont buy until they see that the trend has changed. News, big director buys and a new broker are all needed imo

[regasclockwork] 11/6/2018 13:17

A snippet from a recent AGM report by one of IQE's biggest PI's and TRADER of the stock.

“What is obvious, is that the fluctuations in share price is being largely and almost entirely driven by us - PI’s. The key engagements with institutional investors are taking place all the time and they seem intent on adding Whilst PI’s subtract and trade ( simplistic but probably true).Obviously shorter’s have an effect, but frankly I think it’s overstated. -End-

I'm glad the writer of the above said “US-PI's”; rather than “YOU PI's” as he is one of the biggest traders of IQE shares.

So, the fluctuations in share price is almost entirely driven by US-PI's with the shorters having just a small effect. I find that difficult to believe, but bow to what could be, superior knowledge.

We will never know the truth as there is not a hope in hell of persuading PI's to stop trading large chunks of their 'holdings' and even less chance of Shorters throwing the towel in.

From above: “Obviously shorter’s have an effect, but frankly I think it’s overstated.” LOL!

[kepner] 11/6/2018 12:30

Off topic I know , but anyone here fancy a punt on a small cap oiler (TRIN) which imho has great potential increasing production , making good money ,paying down debt which should be paid off in the next few months.Operating in a stable country (Trinidad) on a p/e of around 5, plus forgot to mention plenty of money in the bank making it net debt positive.

[bocase] 11/6/2018 10:13

Potential:

It has actually only done it twice since February.

Here's hoping for a third time.

There is very strong support above 100p that needs to hold.