Iqe Share Discussion Threads

[horneblower] 18/1/2019 12:19

No doubt there are ways of managing your share price. Tell that to Gerald Ronson. Most of them are illegal.

[aphrodites] 18/1/2019 11:25

horneblower

A very pragmatic view my friend but tell that to the institutions who invested in the company at £1.40 and see whether they agree with you.

It doesn't matter how small a company is, there are still ways for a Board to manage its share price.

It's not a question of not getting involved in share price shenanigans. It's about managing share price expectations and I am afraid the current Board is totally devoid of any idea as to what this means.

[agaudry] 18/1/2019 11:24

I concur with savvy invester and hornblower. Only wish I hadn't been so greedy and didn't sell at about 180p just over a year back. Oh well hindsight is a wonderful thing and I did make my initial purchases way back in the days of about 19p.
Had a similar experience with 'pace micro' but that all worked out very well for me I'm glad to say.
I hope iqe remains a u.k. asset ..... would be a pity to have such a fururistic industry go overseas. Having said that if the insane 'brexit' nonsense does actually happen then the not unlikely looming break up of the u.k. might mean it becomes an asset of an independent welsh homeland. Hey ho ....

[sf5] 18/1/2019 10:46

LITE has now popped up towards the top of its post-Nov profit-warning range, so perhaps less likelihood of another p/w in the near term (or indeed Apple squeezing supplier margins in line with its recent price cuts).

As others are saying, it's the absence of evidence of other supply contracts to replace the previous Apple 'spike' that's the main concern. May be mistaken, but I thought one of IQE's updates last year implied that 'proof of concept' projects tend to be low margin.

[aphrodites] 18/1/2019 10:44

Tomduck/Meijiman

It is not as though IQE has been ploughing along a well-established furrow and they are seeing a sudden change in their business. Wouldn’t it be very helpful if the company provided an update as to how the new premises are developing, how the incorporation of new machines is progressing, and an outline indication of the volumes being produced from the new machines to meet the demand from customers new and old.

Shareholders are all being kept in the dark while the Board allows the share price to tumble to new lows.

[meijiman] 18/1/2019 10:12

Management don't seem to have a clue on how to manage the share price It can be done within the SE rules. If you don't then you are open to all sorts of attacks from shorters and the like if you can't deliver to meet overblown expectations. This is not rocket science. It should start with the house broker...who now seem to have gone quiet on absurd price targets.

[savvy investor] 18/1/2019 09:59

Finding the posts good sharing of opinions. One question, before my huge investments this week I read and re-read the latest AGM presentation. I really would advise anybody who doubts IQE growth path in he next few years, and who follows too much what the share are doing rather than what IQE sells, should take a real good read before buying or selling. Take a look at the Photonics growth in the last 6 months. Read the competitive advantage of he VCSEL wafers, understand it is nearly a quarter of a billion USD profitable company, not a gimmick dotcom with unproven tech. Yes the share price got ahead and I got burned buying in at 120p, but 60p, 450m£ market cap with the tech and financials get have. Invest or gamble short term is the question for me, medium term this must be a billion market cap and takeover interest as the IP and tech would be very hard to circumvent by some of the larger companies in one or more of these high growth, disruptive tech. I repeat, invest or gamble... good luck shorts and longs.

[tomduck] 18/1/2019 09:35

Fred in the current climate of Lumentum/Apple cuts it would be foolish of IQE to spend money and potentially leave machines idle. I’m happy for them to only increase when the market allows.

The reality is IQE need companies other than Apple to ramp their use of our wafers as was outlined.

[tomduck] 18/1/2019 09:32

For once I agree with the 🐑 Rare for him to post something that isn’t deriding another poster, who knew he could do it? ;)

Another warning would see us drop 10-20%

[fredfishcake] 18/1/2019 09:28

What concerns me slightly is that there is still no news on ordering more machines. We should have visibility of upcoming orders, yet the lack of new machines implies that the ten that are being installed in the new factory are sufficient for the forseeable future....

[sheep_herder] 18/1/2019 09:18

The Fool have got it right. The next statement is key. If they release another warning due to a fall off in VCSEL revenue and poor visibility, then there really is nothing that is high growth. In their other non-VCSEL markets the tech is cutting edge but these cutting edge technologies take time to filter down from the high end.

However, if they either have good visibility of the VCSEL ramp and can convince with a believable story, or can show that it's not as bad as it sounds, then I think the price will at least stop falling if not reverse.

I'm looking for solid statements that the rot has stopped before thinking about buying again.

[5chipper] 18/1/2019 09:15

What are the chances of Apple buying IQE? (If any)

[adejuk] 18/1/2019 09:09

rowe loaned out ano 10mill ?

[mhassanriaz] 18/1/2019 08:54

Motley fools have been quite harsh on IQE in the last two weeks. What is their agenda?? Price is already low further drops could make shorts close therefore price is likely to stay around 60s and could hit up to 72p.

[neil100] 18/1/2019 08:35

Re Motley,
I agree we are at risk but again the focus is on Apple. I have chosen to top up today reaching my critical holding of 150000 shares...I’m in for the long term or a buyout at circa £8 in 5-7 years.

[hannath] 18/1/2019 07:19

Featured in the “3 to sell” in today’s Moneyweek

IQE
Motley Fool UK
Shares in this Welsh semiconductor business fell heavily on a profit warning last November and there could be more bad news to come. IQE is a key supplier for Apple, yet the share price has remained remarkably stable in the wake of the US tech giant’s sales shocker at the start of this month. A forward price/earnings (p/e) ratio of 17.3 is “slightly expensive” and depends on the firm achieving an ambitious 81% rebound in earnings this year. With China’s economy weakening, another poor trading statement “could be just around the corner for IQE”. 61.95p

[neil100] 17/1/2019 19:01

Driverless cars will be the norm in 10 years, 3 generations is archaic thinking.

[regasclockwork] 17/1/2019 17:51

Less than 2% down on the day. I'm at the stage now where if it finishes up from its 'intra-day low', I classify that as a winning day. How bad is that?

A good post here from a chap, T L Williams over on ii. I too am hoping for a BUYOUT this year as long as it's more than 115p [my average buy]. Read on:

Another day in the up and down cycles around the year-low share price range. There is nothing to shift the current position, and sadly looking at the current earnings, the share price might even drift lower in the absence of any news. This is very frustrating from the point of view of a long term holder (especially those who bought the hype during the 140p placement) as it is the short-term traders that are continuously reaping a rich harvest.

I am hoping that there will be a BUYOUT this year. As it stands, the company is well grounded with intellectual property and sophisticated production techniques, which others in the industry have difficulty in replicating. However, IQE seems unable at the present time to exploit their advantages to generate a profit commensurate with the herculean efforts that have gone in over the years in establishing this business, with its sophisticated manufacturing processes.

A savvy, knowledgeable and focused business management team is desperately needed to acquire new customers, and to increase revenues and profit. As things stand, being part of a large conglomerate, with the synergies that would result seems the best way forward. I hope that the heavily invested institutional investors will agree, and apply pressure on the current management team to at least consider alternative means of growing the company out of the current post-placement slump. -End-

[horneblower] 17/1/2019 17:43

Passengers will be video'd in 3D using VCSEL chips.
Vomiters will be locked in until they pay up for the damage ☺

[gnnmartin] 17/1/2019 17:25

The main problem I see with driverless taxis (and with car share) is avoiding bad behaviour by the users. Even in a family, the untidy behaviour of some members can be a pain. Unconstrained by such ties, see what happens to supermarket trolleys, or to bike share bikes. How likely are you to find your driverless taxi comes complete with vomit?

[volsung] 17/1/2019 17:06

Don’t know about that. Mightn’t be much in it if the taxi cos want to make a decent profit

[zingaro] 17/1/2019 17:03

volsung: driverless taxi's will be significantly cheaper.

[davemac3] 17/1/2019 17:02

Uber might