Iqe Share Discussion Threads

[nickwild] 13/6/2018 22:42

IQE
IQE 116.1p 7.3 6.7% 5:12pm 15.0k
Speculative, Mid Cap, Style Neutral
Market Cap £824.3m
Enterprise Value £781.9m
Revenue £154.5m
Position in Universe 489th / 1825
Quality 59
Value 20
Momentum 42
StockRank™ 32

It used to be in 90's when I bought my shares at 30p

[horneblower] 13/6/2018 22:28

Harsh.
Where is IQE on that scale?

[nickwild] 13/6/2018 22:03

tt

I checked your 3 tips on Stockopedia and none have a ranking above 20. They therefore are in the basket of shares least likely to perform well.

Nick

[dpmeyer] 13/6/2018 21:14

Terry - I take your point, I didn't realise the last part of your post was also from last July. Cap duly doffed ;-)

[terry topper] 13/6/2018 21:05

OK - no problem Crunk - I'm not a regular poster on any stock but I'm sure you can understand why I reacted earlier (also had 3 large gins + Fevertree!)

1. The post where I said I was expecting volatility was last July and was based on the expectation that such a rapid rise would attract attention!
2. I'm not going to attempt to summarise why I think it's got a lot further to go - suffice to say I fully agree with what the recognised experts on here have said.

For what it's worth I think we are good for 150p+ in the short term!

My recent punts (NOT necessarily by Christmas) are ECO, FLX and SOS - I have had a great couple of years so fully expect these to let me down but you did ask!

[thecrunk] 13/6/2018 20:54

Terry my apologies I had not seen you post before so thought you may be friends with Simon Cawkwell.

Do you have any tips for anything around 6p now that i could hope to get around 100p for by christmas.

I got on the bus here late around 114p.

On a serious note though could you summarise your point:

1 - expect volatility
2 - IQE has further to go up?

I was a bit confused as to what you were trying to get at.

Much appreciated.

[terry topper] 13/6/2018 20:52

Point of order dpmeyer!!!
I was forecasting volatility last July

[terry topper] 13/6/2018 20:46

And Crunk while I am on full rant mode - here is another post that might help you avoid making a fool of yourself in future:

POST 958 on the FEVR thread as the loonies began to assemble:

''This is getting tiresome - hopefully the fact based narrative below will help ........although I'm not confident.

WINS profits doubled in the 6 months to January 2017 - Oh No!!!!!!! - they must be raping the poor private investors!
Well, their profits were just £14.4m and they are a market maker in more European stocks than any other registered market maker as well as some US stocks.
They make a market in 'almost all London Stock Exchange listed securities from ETF's to AIM'.
There are around 2,600 listed securities on the LSE so lets assume 'almost all' means 2,500.
That means that, on average, WINS made around £44 per trading day on each security for which it makes a market.
What this, admittedly crude, calculation demonstrates clearly is that some of the comments above display a very high level of ignorance.''

What I was trying to highlight is that market makers simply do not have anything like the capital that would be required to seriously move SETS stocks

[dpmeyer] 13/6/2018 20:41

Thanks for that Terry - I've been around for a similar time period and apart from the fact that I think it's a little late to forecast extreme volatility, I agree with what you say.

As I have done before, I echo the thanks to Sweenoid. Apart from his invaluable contributions on here and elsewhere he's also a pleasure to drink excessively with (although possibly not to the extent he and @hammerd manage, for me at least) ;-)

D

[terry topper] 13/6/2018 20:35

dpmeyer

I still hold nearly 60,000 shares ......and they're not getting them!!!!

[terry topper] 13/6/2018 20:32

I've been long in IQE since <3p so I'd suggest that you don't call me an idiot.
Let me reproduce an earlier post of mine from last July:

POST 3370
'Darola

It is a SETS stock - the market makers influence is very limited and is going to become even less so from here on.

I really really hope that IQE does not become one of these stocks where everyone is very clever on the way up but any falls, healthy retrenchments etc are met with one or other of the following whinges:

- the corrupt mms are marking it down
- they want your stock - don't let them have it
- the AIM market is corrupt
- the mms are trying to take out your stop losses
- why is it going down when there are more buyers than sellers
- blah, blah, blah

All of the above are almost always completely invalid with SETS

IQE is inevitably going to become very volatile on a daily basis (hopefully with an underlying upward trend)but there will be very big bumps along the way.

I would just like to add my thanks to Sweenoid - I am a UK small cap investor with over 30 years experience and your analysis and knowledge of IQE has been very valuable to me as someone who has been an investor in IQE, thick and thin, for many years.'

[dpmeyer] 13/6/2018 20:26

I think Terry was fishing for a bite or two, and seems to have attracted at least one :-)

He's offered some interesting perspectives on IQE in the past and I'm not actually sure whether he's long or short at the moment - Terry, care to tell us?

For the record I'm distinctly long, have been for ages and as a LTH I'm relaxed about the current moves, up or down - they're just noise. D

[thecrunk] 13/6/2018 20:08

No terry topper you are an idiot.

It can only move up so fast because it came down so fast by market manipulation.

Its a reaction to market manipulation not market manipulation itself.

Once you figure that out figure oout how to close your shorts sub 107 becsuse it ain't gonna be easy pal

[terry topper] 13/6/2018 19:07

Surely a one day move of this magnitude is market manipulation by the evil market makers?
Oh no wait....this is brilliant investment by private investors!

[adejuk] 13/6/2018 16:24

this is a pleasant sight at the end of a hard day.

[solderflux] 13/6/2018 16:21

This is before the yanks had a chance to do their due diligences and jump in. Hope Stifel goes really well for IQE.

[bocase] 13/6/2018 16:08

Canaccord's have reiterated their buy rating and 1.90 price target but then add this implying further upside once there is more visibility:

"While it is too early to build this anticipated demand into our FY19 forecasts, it does suggest that our current numbers represent the bottom end of the range of likely outcomes."

[paradores] 13/6/2018 16:02

Indeed "execution the only significant downside risk remaining."

S Q U E E E E E Z E . . .


...a close above £1.17 would bode very well indeed

[whiteslice] 13/6/2018 15:49

Not like me to get timing right - 7k shares bought this morning. Thought the price rise couldn't be all down to my purchase.. :-)

[bocase] 13/6/2018 15:44

The afternoon is shaping up very well. This might be helping

IQE SHARES 'ATTRACTIVE' AFTER APPLE-RELATED SELOFF, SAYS CANACCORD

(Sharecast News) - Concerns about reduced demand from Apple for IQE's microchip wafers has hit the shares but broker Canaccord is confident in the company and sees the share price weakness as "an attractive entry point" for investors.

Last week IQE confirmed guidance of a 40:60 revenue split for the full year, with "strong" wireless activity in the first half and qualification programmes for "over 10 additional key VCSEL chip manufacturers" had begun, with strong progress mentioned across multiple areas.



"Given that IQE would presumably by June have good visibility of VCSEL wafer demand in H2, we took this update to be extremely positive," said analysts in a note to clients. "However, news of reduced demand from Apple has since wiped out all gains."



"Our view is that if the Apple news was negative for IQE, it would not have re-iterated guidance in the face of a circa 9% H1 currency headwind. Furthermore, the potential for the customer ecosystem to expand not only bodes well for FY19 growth rates, but also for reduced dependence on a single OEM."



"The combined probability of Android adoption of 3D sensing wafers and the multiple further opportunities mentioned above, suggest that IQE is not the one-trick pony that many seem to assume."



This positive view is supported, analysts said as they reiterated their 'buy' rating and 190p price target, by news this week from Taiwanese wafer specialist WIN, which believes VCSEL demand from Apple could triple and its own revenue from 3D sensing will double this year.



"These drivers are consistent with our own assumptions for IQE's second half. We note that chip manufacturers will be ramping in July for Apple's major new device launches in the Autumn such that IQE will already be well aware of H2 demand levels for its wafers. We conclude that forecast risk is firmly on the upside with execution now the only significant downside risk remaining."



Moreover, commissioning of IQE's new Newport Foundry is progressing to plan with the first five reactors on track for qualification later this year and the second five due for delivery in the third quarter, which should see them become productive early in 2019.



"With 10 new reactors up and running for most of 2019, this will bring IQE the step change in capacity needed to service additional smartphone OEMs. While it is too early to build this anticipated demand into our FY19 forecasts, it does suggest that our current numbers represent the bottom end of the range of likely outcomes."

[paradores] 13/6/2018 13:13

Quick sneaky peek, and again - same old. Buy pattern and trade sizes are remarkably consistent. All going through as 'O' trades.

20k @ 12:52
14k @ 12:47
13k @ 12:46
etc

See how the afternoon shapes-up.