Iqe Share Discussion Threads

[davemac3] 11/9/2018 08:59

double bottom?

[cotswoldsparky] 11/9/2018 08:40

I thought you would be pleased VRS are up 5%. Or have you sold out already :-)!

CS

[thecrunk] 11/9/2018 08:34

Fiddle sticks I woke up to 5% up dam

[thecrunk] 11/9/2018 08:30

Guys come to VRS. You are mad not too

[stark industries] 11/9/2018 08:29

Dr Smith Can you explain that in layman's?

[dr_smith] 11/9/2018 08:22

rac/thecrunk.
I have never emailed a company for info on a holding, but aware of others having success..to a degree.
I assume BOD/key staff don't have time for many info requests, especially when they like to play a close hand, so can't imagine an email on os own will solicit a reply.

If they understand it is something significant in the persons life, and can see from their own records (address of s/h) that this person was a significant holder (in PI terms) then there is a good chance they will go out of the way to give some perspective.

They are likely shareholders too and have the same concerns, but perhaps mitigated by their position of better foresight and feel as employee.
I am single and only have to account to self.
To say to a spouse, I have made a good decison, market is wrong, I am right, just wait and wait..is bound to be hard and frustrating.

I have noticed some of my posts, intended as friendly, voted down. I believe we are here for mutual support and sharing info/perceptions, so find that odd.

[richardc77] 11/9/2018 07:51

Apple event tomorrow evening UK time (12th), we should get conf of at least 2 if not 3 iPhones with FACE ID. Unsure if iPad will be in this event or later in October but will also see FACE ID...

[mhassanriaz] 11/9/2018 01:04

I seriously dont get some people. Apart from currency tailwinds what bad has IQE declared nothing. They are sticking to the guidance, they are expanding locally and internationally (taiwan). They are neogotiating with 20 chipmakers. Apple is highly likely to bring Face id on all phones. 5g is in the pipeline. lithography small order executed a few months back this is likely to gain traction. Oh what the fork no CFO no CFO no CFO. In company's last RNS they said CFO will be finalised in september. So hold on if you cant sell and move on.

[daijavu] 11/9/2018 00:45

With respect, it looks more as if IQE's time has been and gone and Brexit could kill it off.

[sailastra] 11/9/2018 00:36

Dr Smith

You are far kinder than I am... The Crunk is a bleating git... He claims to have lost £40,000. And blames the BOD and their failure to appoint a new CFO... Rasmussen was a good man and as you point out, died just six months ago.. I feel for his family and I am glad that Crunk has moved on...May he rest in peace.. And no longer spoil my day with his foolish posts..

[regasclockwork] 11/9/2018 00:30

DR_SMITH10 Sep '18 - 21:08 - 20673 of 20674

to thecrunk:

"I am not happy with comms either, but given your extreme frustration, emailing company may have helped. Too late now..perhaps.
I wish things had worked out different for you."

And, "Given zero stamp duty, you could still come back in, if you can get un-settling questions answered. An open direct email to them, maybe with address, so registrar can cross ref you to know you are/were a holder, not a journalist in disguise." -End-

Well DRS, things HAVE 'worked out different' for thecrunk. He played an ace hand yesterday by switching out of IQE into VRS and got his £40,000 losses wiped out in one foul [or is it fowl?] swoop.

And, he can, if he wishes, switch back into IQE with a clean sheet.

What a position to be in - able to buy around 200,000 shares? at around 91p, just 2p above the all-time-low of 89p. I wish I was in that position instead of nursing a sizeable paper-loss at present.

On a serious note, crunk's numbers just do not add up and as for him possibly being mistaken for 'a journalist in disguise' - I presume you're taking the urine? or maybe not?

One thing is certain, this BB is getting funnier by the minute - LOL!

[lpavlou] 10/9/2018 22:19

Is the drop today to do with Trump putting pressure on Apple to use US parts and assemble in the US? Fin did make a comment in the con-call that they saw an advantage in manufacturing in the US.We have a Capital Markets Day on 21 Sept. will we have any news to report beforehand? Rumours of potential delay in the availability of new iPhones. If this is the case, that must be good news as that would delay our orders and ensure a stronger H2 as some sales will have moved from H1 to H2. Let's see what Apple announce tomorrow.

[dr_smith] 10/9/2018 21:08

Bocase: Thank-you.

thecrunk: Phillip Rasmussen dies 3/4/18, so less than 6 months ago, but acknowledge likely notice period.

I am not happy with comms either, but given your extreme frustration, emailing company may have helped. Too late now..perhaps.
I wish things had worked out different for you.
My horizon is different - longer, so slightly different perspective - not that we have much choice as PI's but to accept BOD's directions and actions (or lack of).
Site visit/factory tour may have given opportunity for you to get a better feel for things and some one to one chats.

Given zero stamp duty, you could still come back in, if you can get un-settling questions answered. An open direct email to them, maybe with address, so registrar can cross ref you to know you are/were a holder, not a journalist in disguise.

[yankeekraut] 10/9/2018 20:59

crunk - PR was tragically killed in March. it's been about 6 months. come on, the street knows it takes time. Your point is right on re. having a finance officer on board, who signs his name in blood and gives the company legal credibility with investors and the finance authorities. The update on the 29th indicated it is only a matter of several more weeks, or so, until they make a decision.

[mark_jm] 10/9/2018 20:06

THERE MUST BE A FEW BIG ASIAN TECH COMPANIES EYEING UP IQE AT THIS PRICE MUST'T THERE...

[bocase] 10/9/2018 19:58

"It seems much more like a concerted effort by the shorters to push it down to their target price whatever that is. The sooner they achieve it the better."

Jim Boyce:

As you suggest they (the shorters) are throwing everything at it now which I take you to mean they are sensing the frustration of the weaker holders and selling even more short in an attempt to trigger more selling either by flushing out the weak holders or triggering stop losses.

This normally results in capitulation. A crescendo of selling resulting in a rapid fall in the share price but that will mark the end and many short funds will close and possibly go long into the inevitable rapid bounce. Throw in a few hundred private investors like 'adventurous' and we can look forward to a steadily rising share price as other shorters realise the game is over, take their profits, if they are quick, and move on to Debenhams for example, where they might even be able to buy their shares back for nowt.

I sincerely believe that's how this will play out.

[thecrunk] 10/9/2018 19:30

You guys are all missing the point. Whatever the reason you simply cannot have a listed company without a CFO for a full year. Its insanity. There can be no excuse for it. That is how you loose 50% of your market cap.

[yankeekraut] 10/9/2018 18:00

crunk - don't you want them to hire the right person? Some posters have already pointed out that the Wales location might not be an easy sell to certain qualified-candidates. They may end up going for an internal candidate in the end, who knows. The only "funny" thing that I have seen to-date, were the various "one-off" expenses related to the capacity ramp-up that hit the bottom line, that appear to have been a surprise / were not in the expense forecast. The currency "headwinds" are/were a drag this time, but are welcome when they become a tailwind. I would also be pleased if the new CFO was already on-board, but elect to give the BOD the benefit of the doubt, for now. All things considered, IQE seem to be executing quite well.

[arcadian] 10/9/2018 17:51

Given the export bias of our sales I just hope that someone existing or to be appointed has the sense to stop the revenue/ profits being negated by currency headwinds.

[bocase] 10/9/2018 17:42

D.R.Smith:

Dave, I would agree with what you say re. the Board and whilst I acknowledge that it is not their job to support the share price, I do think their PR has been lacking and more could have been done. I would not take Crunk's extreme view as I am sure they have done wonders behind the scenes that we can only guess at but all will be forgiven if the numbers come out ahead of market expectations.

I think it is more than likely that US companies with their high valuations and the weak pound are running the slide rule over IQE at the moment. I would not like to see a takeover but a bit of speculation would be nice.

Good luck with RPC.

[dr_smith] 10/9/2018 16:52

I agree with adejuk that BOD are techies/engineers and lack the financial acumen that the CFO should bring.
Also agree that CFO should have been more timely but...
BOD likely had hands full looking after so many other aspects as Inchpractice says.

CFO should be the one looking at various expansion options, scope and scale, and how to manage, how to monetise, where licenses can be used, communicate with city/shareholders.
When a small company expands it can only stretch its current/experienced staff so far.
Quality is paramount and reputations are hard to build and can be trashed quickly, so can imagine BOD are like ducks on a pond, looking serene on surface, but paddling away like mad underneath.
So..possibly we have been spared much detail and they are doing their best given circumstances and constraints.

For the sellers...
Ask yourself - would you have done anything different if you had your time/decisions again?

IQE is different to other co's and time has to be spent to understand its potential and directions..plural.
Being multistranded reduces risks, but it is certainly an oddity against the rest of my portfolio.
It was multistranded aspect that tipped the scales for me on whether to invest or not into a company I had never heard of before.

Reading of its new markets provides daily interest..not a key requirement for investing, but a pleasant aspect.

I also have shares in RPC that have been (unjustifiably) declining of late, but shot up by 20% today on takeover talks. It just goes to show the disparity between share price and true worth of a company.

If you don't have patience for a long game, implicitly short term, that means you need to be able to second guess sentiment. I feel that is more a guessing game than using realistic planned prospects, so tend to avoid it most of the time.

IMO..just chatting away. :-)

Dave.