Iqe Share Discussion Threads

[american idiot] 22/3/2019 15:14

Sounds about right Bulltradept. Previous support has been in the higher 50's.

Brexit uncertainty + the profits warning earlier in the week combined with a future cash call for IQE all adding to the misery.

[tomduck] 22/3/2019 15:07

I think I will be able to do a final top up in the low 60s when the new years ISA allowance comes on line :)

I know it gets boring and is frustrating for all the longs but if your focus is on the next 12-24 months it will all be alright on the night...

Sweenoid, I salute your patience with emailing the IQE board but they clearly don’t care much about yours or anyones view on the PI front. It is a shame but what can you do...nowt.

[bulltradept] 22/3/2019 14:58

58.98p coming I feel..

[adejuk] 22/3/2019 14:56

60p coming

[sf5] 22/3/2019 13:53

+1 sweenoid. I did ask on this board the other day if there had been a conference call as I saw now mention in the results statement.

Contrast this to someone like Burford, another AIM company, whose slides, presentation and CC recording were all freely available on the day. Admittedly a transcript may need resources but I thought SeekingAlpha etc use machine transcription which is as cheap as chips (sorry!).

[sweenoid] 22/3/2019 13:37

Would be nice if it’s true.

On a more sobering note, I notice that my requests for a full results analyst slide show presentation has not appeared on the IQE web-site , also once again my request for a post results analyst Conference Call transcript has not been made available, there is also no sign of any interviews with the CEO or new CFO that I can find? These are good communicators and have not / will not (?) be used.

I drew IQE’s attention to the wonderful investor relations presentations and video material released by our collaborator Bluglass, I even pasted in a link to the material they regularly provide...all to no avail. Bluglass have gone al quiet on IQE, so I emailed Chris at IQE about this , he said the collaboration was ongoing .

Recently Bluglass announced they were doing a full investor video presentation and asked for questions from investors

Here is the presentation if you are remotely interested , you may find it most productive to skip to the Q&A which is easily done, the 1st question came from ‘YOURS TRULY’ !! .....do you detect the irony!



S

[maxwellsdemon] 22/3/2019 12:47

What’s Next for Human-Machine Interface: Touchless Control


There’s a race on to market the first devices with touchless / gesture control. LG led the pack at MWC, and Google and Apple appear very close on its heels. Those two could possibly introduce products featuring this kind of human-machine interface (HMI) before 2019 is out.

The two latest trends in HMI technologies are voice activation and touchless or gesture control. Voice-controlled products received a lot of attention at Embedded World in Nuremberg; a prominent example was NXP Semiconductor’s new microcontroller featuring integrated Alexa Voice Service (AVS) capability, touchless control went almost unnoticed at MWC Barcelona, but it is equally being pursued aggressively by key players............



.........With 3D sensing heading towards ubiquity, Yole Developpement said the 3D imaging and sensing global market will reach US $18.5 billion in 2023. ResearchAndMarkets has estimated the broader market for touchless gesture recognition will reach $30.6 billion market by 2025............



.....................After touch screens defined the first generation of smartphones, it’s quite possible that gesture control, or touchless control, may indeed be the next innovation to emerge in the smartphone human-machine interface. But it won’t just be limited to phones – Mazda, for example, said that it plans to eliminate touchscreens from cars because of the distraction they provide while driving; hover touch or gesture free could enable part of that human-machine interface in the car. Haptics is already being considered in automotive, as we recently reported with companies such as Ultrahaptics working on getting touchless control into gaming and cars.

Along with voice activation, touchless control is very likely to become more commonplace within the next 12 to 18 months.

[augustusgloop] 22/3/2019 12:22

PE now down to only 545

[hawkind] 22/3/2019 12:21

Support at 70 holding well, fingers crossed

[regasclockwork] 22/3/2019 12:17

fuji9922 Mar '19 - 11:11 - 25397 of 25399

"I think within weeks things will turn around and all this rubbish will disappear" -End-

Is that based on 'anything' fuji? If so, please pass information on to Deutsche Bank as they have today reduced target from 80p to 70p. Might encourage them to have a rethink?

Edit: Might even encourage them to stick it back up to the 140p target that they had on 12-JAN 2018. That was the time that Peel Hunt [IQE's duel broker] was 'GUESSING' 188P [now 137p] and someone on here upped his 'GUESS' to 250p.LOL!

[fuji99] 22/3/2019 11:11

I think within weeks things will turn around and all this rubbish will disappear.
So just hold onto your shares and go away. The shorters will of course do their best to earn their daily living.
They will be caught wrong footed one day but who cares.

[yankeekraut] 22/3/2019 10:43

JR; I would prefer to be convinced that 2019 is going to be "the year"; unlike 2018, in which the company basically "broke even". In July 18', I think, when "customer engagements" were mentioned, there was also a note re. new "Android customers". In the results this week, only "more than 25 VCSEL chip customers". No "Flavour" at all about the business. Compare the IQE results press release this week, with those of LITE or Skyworks, or basically any of our customers & partners; There is no comparison! And using "confidentiality" or NDA as an excuse does not explain it. The question that Dave Sweeney asked re. the IP court case is another example. Why did he have to ask for clarification? Many posters here immediately pointed out the significant difference between "defending" one's IP and being sued for IP infringement. What the hell does "successfully engaging" mean? IQE "successfully engaged" for all of 2018, and after all was said and done, no excess dosh left over on the bottom line. I want to be convinced; Instead, I am still only hopeful. I hope Chris Meadows sees this.

[hawkind] 22/3/2019 10:34

Short term I fear you may well be right, but long term shorts will get sizzled and it will be an unexpected RNS so they cannot prepare in advance. At the moment it seems that Rowe are happy to make their money from loaning shares out in this trough period which is why shorts maybe on to a winner short term as the funds continue to supply them stock. Crazy as they are sabotaging their own investment in logical terms but they can afford to play the long game, and offset what they make from loaning the shares out as part of their profit, so may not need to wait until 140p entry to break even. Far easier when you are playing with other people's money as well and still getting a management fee. Unless there is a ramp up in latter end of this year, investment for now is stagnated at best, if not reducing. Orders need to come now to generate revenue/ profit. Anyone thinking other wise needs to be realistic and read up on confirmation bias. This one needs to be put in the bottom draw and try and take advantage of shorts driving price down in short term. IMHO and DYOR.

[boboty] 22/3/2019 10:25

Iqe any day. We all have an axe to grind - I'm a believer, am invested and want Iqe to do well. So my comments will be coloured by that. The accounts were as expected and only just missed the pre indicated turnover by less than 1%. The outlook was not as bullish as I hoped for but still very positive - could be due to new cfo wanting to lower expectations in order to outperform in the future. The best bit is we are now ready to go to mass production with the first of the new machines - with the all important yields better than expected.People on this board who have a different addenda like Mr Gloop should be open about it so we can understand their motives for ignoring exceptional/extraordinary items in their calculation of p/e. Maybe post when they have something different/interesting to say rather than repeat the same stuff over and over and over again.

[davemac3] 22/3/2019 10:12

the statement about currency headwinds in the results bothered me, don't they hedge against this? The pound is fairly low against the USD on historical levels, if we have a softer Brexit or even remain the pound may rise to pre referendum levels of 1.40-1.70, what then?

[jamesrowe] 22/3/2019 09:33

Would you rather be Finisar sitting on a large advance order from Apple but struggling to get their tools up and running efficiently or IQE with 5+5 brand new reactors in Newport performing significantly better than expected.... but apparently not being used for mass production as they wait for the orders to come in....

[borromini1] 22/3/2019 09:30

Total Equity = £309,208,000
Total Shares = 776,700,000
Equity per Share = 39.8 GBX
Share Price Today = 72.6 GBX
Assumed Future Equity per Share = 32.8 GBX

Future Revenue 5 Year Guidance Funnel of Uncertainty Lower Limit £m
(97.7 x 0.85 x 1^n-1) + (43.8 x 1.5 x 1.4^n-1) + (13.1 x 1.15 x 1.05^n-1)
2019 = 163.81
2020 = 190.84
2021 = 228.43
2022 = 280.77
2023 = 353.75

Future Revenue 5 Year Guidance Funnel of Uncertainty Upper Limit £m
(97.7 x 0.85 x 1.2^n-1) + (43.8 x 1.5 x 1.4^n-1) + (13.1 x 1.15 x 1.15^n-1)
2019 = 163.81
2020 = 208.96
2021 = 268.28
2022 = 346.69
2023 = 450.94 Photonics 252.39

Group Adjusted Operating Margin Guidance 3-5 Year View
>10%

If a low figure of 10% is taken as profit or earnings and applied to 5 year guidance lower limit
2023 = £35.4
and using PE = 15 assuming growth ends in five years
Share price in 5 years = 68.3 GBX

If a higher figure of 15% is taken as profit or earnings and applied to 5 year guidance upper limit
2023 = £67.7
PE = 30 assuming further future growth will double revenue
Share price in 5 years = 261 GBX

Share prices assume no more dilution

Is anyone using a different interpretation of IQE guidance figures for long term holders?

[augustusgloop] 22/3/2019 09:20

PE now down to only 555

[taffy100] 22/3/2019 09:06

Ambitious plans for the world’s first Compound Semiconductor Cluster awarded seed funding

[bocase] 22/3/2019 08:43

Augustpoop filtered

You can spout your rubbish to yourself

[lpavlou] 22/3/2019 08:07

Good volume the last 2 days. Expect an RNS today from Oppo as I'm sure they have been topping up to break 20%. The forward forecast was poor and to be honest I expected a harsher reaction to the share price It has to be a kitchen sink job, to avoid what happened back in November occurring again.We know from Finisar that they have been struggling to get heir tools up and running efficiently and given the time is takes to qualify, if nothing else this is a major barrier to ensure we retain market share and healthy margins.