Iqe Share Discussion Threads

[bramthefrog] 03/12/2018 18:03

Please will someone repost as I can’t see it and I am logged in

[dodobirdtrading] 03/12/2018 17:30

Thank you horatio4. I've done that, but where exactly are the sweenoid posts that everyone is referring to ?

[horatio4] 03/12/2018 17:17

You have to set up a free account and then login

[bramthefrog] 03/12/2018 16:50

Why can’t I see sweenoids post?

[dr_smith] 03/12/2018 14:15

Dave - Thank-you for your post. I have little time for various analysts in the media, but find your posts the most engaging with facts/opinion clearly defined and referenced.

On visiting BB's, we are ostensibly here to stay more informed as PI's.
For me, 90% of my time here is more to do with the fun & engaging side of investing, than actually looking after the £££;. Like most I am happy with contrarian views, (in fact I relish them, as that is a part of the "market" I am gaining insight to) but can't be bothered with those who can't be civil and respectful of others, so actively filter folks. It is a shame if the few spoil your reason for visiting, but also good you can spend more time enjoying life with joys that money can help bring about.

Maybe I will shake hands with you one day, but have no immediate plans to travel to IQE premises.
I wish you a happy healthy life.

Dave (That's me not you ;-) )

[rostam60] 03/12/2018 13:44

Do I want a take over or not? As I mentioned before, I was invested in PAYS when the take over happened. I made a bit of money but was hoping to make a lot more as I believed in the future of that company. Was very unhappy about the whole thing but like many others couldn't do anything to stop it.
Here we are with IQE, but no bids yet. A take over around 150 means I break even and make a bit of profit. But I'm in this for the long run expecting share price will be £2-3 within a couple years. Wishful thinking, may be.
However, given the current uncertainties and volatilities in the markets worldwide, I might, just, welcome a bid.

[boboty] 03/12/2018 13:00

Because we are, I believe and so do a few on here, at an inflexion point where Iqe has the capability and now capacity and the management and the market and the barriers to entry and ... to make a lot of money. As far as I can tell none of this is reflected in the price. Money is cheap and there are a few institutions sniffing around. Consolidation is already happening eg Finisar deal. I want to be part of it so I suspect so do others. I hope Iqe is talking to it's advisors to protect itself from the takeover risk.

[mhassanriaz] 03/12/2018 12:43

Can anyone explain why would there be a takeover at this point and why did II-VI did not put up a bid for us and did for Finisar? Do you think that with 5g and Lidar coming up and hugh investment in plant, a buyer would takeover now or later and would IQE and the govt. will let it go ?

[bocase] 03/12/2018 12:08

I am no expert either Boboty, but I think, an acquiring company having less than 30% holding at the time of the offer could pitch the offer where they wanted. A premium of around 30% to the existing share price is common so I agree with you of course that we need the price up substantially from here to stop a cheap offer being made.

[boboty] 03/12/2018 12:05

I'm no expert but presumably to take over a company you will need to breach that threshold at some point. There are several institutions that hold significant holdings

[agaudry] 03/12/2018 11:57

Good post sweenoid .... as always ... good luck and hope to see you at an agm sometime

[ayl30] 03/12/2018 11:56

Thanks Dave, your contribution has been very helpful to us long term holders.

Please do break your intention - why not do a post every three months to update us on your views?

Have a Happy Christmas

[bocase] 03/12/2018 11:54

Boboty:

"The next few months will be critical as per the rules of the takeover panel any offer price has to be greater than the highest price over the preceding year."

I think you will find that only applies when a shareholder's stake crosses the 30% threshold - if I am reading it correctly

see below from the takeover panel

"When a person or group acquires interests in shares carrying 30% or more of the voting rights of a company, they must make a cash offer to all other shareholders at the highest price paid in the 12 months before the offer was announced (30% of the voting rights of a company is treated by the Code as the level at which effective control is obtained)."

[boboty] 03/12/2018 11:39

Hi David - thanks for the post. I too am very positive for the future and enjoy reading your perspective. Sorry it is your last - happy Christmas and may next year be the one where we fire on all cylinders at the same time. My only concern is that we are not bought out for a low price. The next few months will be critical as per the rules of the takeover panel any offer price has to be greater than the highest price over the preceding year. The lowest offer price is reducing in line with the historic chart so by Christmas time 150 is possible. Although this is double where we are now I would be disappointed as I think the sky should be the limit and I've invested time and money and would hate the journey to end there.

[boleyn] 03/12/2018 11:30

Cheers Dave
See you at the AGM, You bring Ken
and I will bring Wayne,

Christmas greetings to you and yours mate


Atb Roger

[colsmith] 03/12/2018 09:56

Cot -re your 23372 and Chris meadows saying "a solution looking for a problem"


That was said about Lasers a few decades ago!

[cotswoldsparky] 02/12/2018 21:28

Diplomat,

Bit more information here:



The CERA program referred to was funded in 2008 and ran until 2012. Chris Meadows was asked about graphene and semiconductors at the AGM and basically referred to it as a solution looking for a problem. I understand IQE are maintaining a watching brief but don't consider it to be viable in the short/medium term...

I think the fact that there has been no progress on the CERA program since 2008/2012 speaks for itself.

Cheers

CS

Edit: Comments ~3.5 minutes in are relevant

[diplomat65] 02/12/2018 18:48

I previously posted comments on Versarien's BB linking the impact sustained short-selling of IQE stock had on its share price to the potential risk facing newbie investors in VRS at the time its own share price appeared to be getting ahead of itself. As a holder of both IQE and (again recently) VRS stock, I am pleased to highlight what I hope is a more positive link between these two exciting UK tech companies. (Perhaps Dr Sweeney might be tempted to comment on this too having consistently poured scorn on suggestions IQE might look at incorporating graphene into its wafers?)Not only are both IQE & VRS global leaders in their respective fields but possibly partners in developing graphene-channel field effect transistors (FETs) on 200mm wafers. Can anyone here confirm?This item appears on the Innovations page of IQE's website:Graphene exhibits ultra high p-type and n-type, room temperature electron mobility and minimal conductivity which makes the material a potential candidate for ultra-high frequency applications beyond that of conventional semiconducting materials in the form of Field Effect Transistors (FETs).IQE is a participant in Phase I of the Carbon Electronics for RF Applications Program (CERA).Program Goal: To develop graphene synthesis process on Si-based substrates using MBE and fabricate graphene-channel field effect transistors on 200mm wafersSponsor: DARPA-MTOKey Accomplishments:HRL team demonstrated 1st RF graphene FETs using epitaxial film from NRLFabricated epitaxial graphene FETs on a 2" wafer scale with world-record field effect mobility of ~6000 cm2/VsDemonstrated device-viable epitaxial graphene on 3" Si-face 6H-SiC substrateMobility measurements of epitaxial graphene on small area C-face samples extrapolate to 150,000+ cm2V-1s-1 for sheet charge density of about 1x1011 cm-2Uniformity on Si-face wafers were found by Raman mapping to be primarily one layer; demonstrated resistivity uniformity < 3%

[bocase] 02/12/2018 18:26

Indeed Regas, it was 'cheaper than chips' at 57p on 14th November as we managed a 43% rise in 13 days. Inevitable then, that profit taking had to make an appearance.

Trump's 90 day truce with Xi should give us a good lift tomorrow and hopefully for a few days to come. Add on the Santa Rally and a weekend in Skegness is a distinct possibility.

Here's hoping that Regas can advise us of more gains at the end of this week.

[regasclockwork] 02/12/2018 17:37

Hi bocase, I guess that phenomenal run of 8-consecutive 'up-days' had to come to end as the inevitable profit-taking took place.

But, despite the fall of 9.8p from the intra-day high of 81.9p on Thursday to 72.1p at close on Friday, 'we' still finished up 8.7p on the week.

Peel Hunt, reiterated their 'BUY' on Fri. and retained a target of 137p.

Lowest target still appears to be Deutsche Bank's 80p and highest is Citigroup at 195p. As the latter hasn't posted since 23-March, I'll assume that they have 'lost interest'?

Well, that lowest target of 80p is still looking quite tasty at present and to quote bocase, "Cheap as chips under 80p". GLA!

[diplomat65] 02/12/2018 08:15

Good news from the US/China Trade talks this morning. . . G20: Donald Trump and his Chinese counterpart Xi Jinping agree to halt new trade tariffs for 90 days.Markets will hopefully signal their relief by an uplift in all major indices tomorrow morning.

[bocase] 01/12/2018 22:23

From CNBC

Fingers crossed for some rare common sense from Trump at tonight's dinner with President Xi.

"The outcome of this weekend's meeting between President Donald Trump and China President Xi Jinping is critical to markets and could determine whether stocks end higher or in the red for the year.
Analysts see a variety of outcomes — a trigger for either an "explosion to the upside" or selling that results in a "bear market."
Analysts say it's likely a deal will be struck to continue talks, and that would trigger a rally and send money into the stocks that have been most hurt by tariffs"

[bocase] 01/12/2018 15:26

The 'Fool' are well named.

[semper vigilans] 01/12/2018 13:14

I see the Fool are having a go at IQE with some errors.