Iqe Share Discussion Threads

[cyberdog1979] 11/9/2018 18:56

Seriously, some amount of rubbish posted on this chat. None of us know where the share price will end up, its had its day. All very boring this chat about Apple, the reality is theres only a short term contract in place and common sense tells you that if theyre overly dependant on a single contract then theres huge risk associated with this stock. Share price diving even with Apple contract in place, where does it go if that contract ceases!!!!

[kazoom] 11/9/2018 18:54

Thanks bulltradept - thought it was 85 rather than 86 or is there an arcane rule that the gap is 1p above the previous close?

If you wanted to elaborate further, it couldn't be more boring than the 'bleating'!

;-)

I was particularly interested though whether (all else being equal) it would be consider a reversal signal - any thoughts?

[bocase] 11/9/2018 18:50

Squire:

Good for you. A £150K buy order should help.

Don't know if it will send the shorters running for the hills but couldn't agree more that the board say FA.

I think the shorters are exploiting the death of Phil Rasmussen, They know that IQE are weakened without a financial spokesperson and the management whilst no doubt are incredibly clever, technically, do need to come out fighting.

A low share price begets bad publicity and that is bad for business so it is the duty of the board to fight their corner and come out with whatever good news they are sitting on that does not infringe the NDAs.

[lpavlou] 11/9/2018 18:32

Another day of carnage for the share price how low will it go is anyone's guess. Long term should be fine but we'll only find out how things are going from Lite when they announce their next quarter results in early November as I do t expect an RNS from the company until December when they come out with heir ore-close statement.

[mhassanriaz] 11/9/2018 18:27

​First Minister Carwyn Jones has welcomed Aston Martin’s decision to make St Athan its “Home of Electrification”, describing it as a yet another example of the power of Welsh Government investment.

The luxury car brand has announced that its new UK manufacturing facility at St Athan will become the brand’s centre for electrification and the home of the Lagonda brand, the world’s first zero-emission luxury marque.

The Rapide E will be the first Aston Martin to be built in Wales when production commences in 2019.

It will be Aston Martin’s first all-electric production model and is set to be a highly-desirable electric vehicle with the levels of performance expected of an Aston Martin.

First Minister, Carwyn Jones said:

“I am very proud of Aston Martin’s decision to locate its new manufacturing facility in St Athan. It showed a huge vote of confidence in the Welsh Government’s can do attitude and in the support that we can offer to businesses that want to work with us.

“This announcement that St Athan will also be the “Home of Electrification” for both Aston Martin and Lagonda is another huge win for Wales. It is a genuine testament to the reputation, dedication and skills of our work force. It also further cements Wales’ relationship with Aston Martin and is an excellent and very tangible example of how Welsh Government support can act as the catalyst for further economic growth and job creation.”

Economy Secretary Ken Skates said:

“Our Economic Action Plan is clear about the importance of decarbonisation to the future of our economy so I am absolutely delighted that Aston Martin has taken the decision to make St Athan its centre for electric vehicle production.

“I am confident that this decision, both directly and via the supply chain will help to drive genuine economic growth and result in the creation of more highly skilled Welsh jobs.”

Dr Andy Palmer, Aston Martin President and Chief Executive Officer, said:

“Aston Martin sees itself as a future leader in the development of zero emission technologies, and I am delighted that St Athan will be our ‘Home of Electrification’ for both the Aston Martin and Lagonda brands.

“The Rapide E will spearhead development of Aston Martin’s low- and zero-emission vehicle strategy. With the reintroduction of the Lagonda brand, this is a demonstration of how electrification features prominently in our business plan moving forward.”

[bulltradept] 11/9/2018 18:10

Looking at the data, it was actually 85p. (Closing price on 19-Jul-17, before the 20-Jul trading statement which saw the price leap to 112p.
Seems to me that we are very close to having filled that gap.
Not sure I really get the significance of that, but I think it could be regarded as reversal signal.
Any techies with a view on that?

That gap @ 86p has now closed. There is another also lower down but I shall not boar you with gap theory, or where that one is.

[volsung] 11/9/2018 18:04

Why is any PI still in this? The chart has turned conclusively. Leave it for the big boys to turn the curve. That’s the time to get back in if such a time ever arrives

[squire007] 11/9/2018 18:03

PS: It would help if the board said something, instead of sfa!
nudge nudge .......pretty plz.

[squire007] 11/9/2018 18:00

Well, I am up for the fight, and will double up tomoz, force the fekkers out I say.
150k for me in the morning ...
When this turns it will be HUUUUUUUUUUUUUGGGGGGGGGGGGGeeeeeeeeeeee .

[bocase] 11/9/2018 17:29

It is hard to remain bullish but logically that is how we should be. These shorters rely on holders giving in to the pressure they exert. Every seller knocks the price down further and increases their profit.

We know how good the prospects are and what the growth rate is likely to be, therefore the shares deserve a premium rating and they will have it once again.

If you give in to the shorters and capitulate you are playing into their hands.

[mhassanriaz] 11/9/2018 17:25

Apart from Apple all the its related suppliers are down between 3-7%. Have a look at lumentum, skyworks, Finisar and etc. To top it all mr Trump twits and statements had also impacted. All eyes on Apple and the upward trend will be at least 4 folds based on today's decline.

[richardc77] 11/9/2018 17:15

It’s unfair to just blame Sweenoid, Sheepy was also very very bullish and talking large EPS stuff last August onwards on this bb but I expect Sweenoid is feeling more pain as he has/had a VERY large holding! I am amazed we are down here in the 80s, however the market likes to overreact each way, just as well VRS are more than making up for the short term IQE fall. Some just have to suck up the paper loss, which is all it is.

[kazoom] 11/9/2018 17:05

I seem to recall there was a bit of chatter a while back about the 'gap' to fill at 80p.

Looking at the data, it was actually 85p. (Closing price on 19-Jul-17, before the 20-Jul trading statement which saw the price leap to 112p.

Seems to me that we are very close to having filled that gap.

Not sure I really get the significance of that, but I think it could be regarded as reversal signal.

Any techies with a view on that?

[adejuk] 11/9/2018 16:50

anyone who bought on sweenys recommendation alone deserves all they get
if you see the guru on the road, kill him [ with apols to nietzsche and alan watts]

[sheep_herder] 11/9/2018 16:48

sf5, I think your memory is incorrect. There was plenty of chat about the 5-10 machines that were being installed this year and it was noted that there was space for 100. I think that's always been clear as it's in the companies presentations.

Now, if there was an oversight, it was probably how long these markets take to come online and the very H2 weighted excitement that gave the shorters a chance to pounce.

[sheep_herder] 11/9/2018 16:44

I too miss our Rampmeister General. If he were here I would gloat that we're closer to 80p than his lofty 180p and state that my charity of choice is looking forward to his donation. But alas, he has retired and I can't get no satisfaction.

[sf5] 11/9/2018 16:40

Verger - I think you're right. Progress this year has been below wilder expectations. I'm sure my memory is flawed, but last autumn weren't some people talking of up to 100 Aixtron machines for 6" wafers being bought in the medium term? And basing revenue projections on extrapolation from the small number of existing installations. Yet I thought the recent updates referred to perhaps 20 machines being operational and generating revenue by 2019. So unless there's a huge ramp in installation activity (which, given the capital cost, wouldn't be made without firm production contracts)growth may be relatively pedestrian. Sorry - I haven't ploughed back to check any sources on this but just have a niggling feeling that prospects were over-hyped last year and the share price is now reacting to this.

[podgyted] 11/9/2018 16:39

Apart from Apple itself - worrying

[podgyted] 11/9/2018 16:38

Looking above it looks like all Apple suppliers are being slaughtered today.

[scrawny dawny] 11/9/2018 16:34

for reference I am long and have been for along time, no support floor at the moment for this share though - daily losses of -5 t -6% can be maintained without too many headlines - although could be a big push down tomorrow as the Apple event is post UK close. No fundamental or outlook being considered just shorting to the extreme.

The big Apple launch event takes place on Wednesday 12 September at 10am Pacific time, 6pm BST.

[bocase] 11/9/2018 16:22

I am quite content to wait for IQE be be a valuable company worth two or three billion and I have no doubts it will be in the next few years, however the company could have done more to prevent this rout.

Imagine a football team with no defenders. That is the situation we are in. With more news flow we would have had positive press articles and be on fund managers' radar. Without it, IQE gets forgotten. With other investments I have I see them drift on no news and perk up with updates.

I know it will come right in the end but management have been very lacking in that regard.

[dr_smith] 11/9/2018 16:18

thecrunk.
I have posted 2 comments for you recently, you have not had courtesy to acknowledge despite being active on this thread. Filtered.