Iqe Share Discussion Threads

[volsung] 21/6/2019 08:12

Sold the lot. Should never have bought back. Oh well another day another less dollar

[bulltradept] 21/6/2019 08:09

Buy under 20p..... maybe.... lol Gap @ 36p

[tomboyb] 21/6/2019 08:07

Market conditions for ARM were different -

Market conditions now seem to be deteriorating quite quickly -

And we have one buffoon if not two now in charge of the U.S now U.K -

[american idiot] 21/6/2019 08:06

Wow - 42.5p !

[bocase] 21/6/2019 08:05

Riostroy: 'And who is right at the end? Bocase?'

This is not the end Riostroy. I sold my Arm shares for 70p having bought at 50p and what was the takeover price...about £23. That was the end and I am not making the same mistake with IQE. Their time will come. A setback, yes, but just a setback

[bulltradept] 21/6/2019 08:04

So much anticipating, so few results, I forget now, didn't Drew dump millions of shares some time ago now....?

[american idiot] 21/6/2019 08:03

Extended auction indicating 49p at present.

[riostroy] 21/6/2019 08:00

IQE were celebrating this trading update yesterday at Wales event, bravo!!!

[adventurous] 21/6/2019 07:59

Of course SH forecast that Trump would put a spanner in the works!! LOL

[bocase] 21/6/2019 07:59

Hopefully we are all well diversified. Oil had gold shares had been selling off. Recently, they have bounced back strongly. IQE will too when the time is right!

[sheep_herder] 21/6/2019 07:56

I wonder if Savvy will still be friends with his mate who convinced him to load his SIPP. Hope he doesn't have to retire soon.

[riostroy] 21/6/2019 07:56

And who is right at the end? Bocase?

[sheep_herder] 21/6/2019 07:55

Is that all you've got for your followers? Dear me. 😄

[bulltradept] 21/6/2019 07:55

Well that was instantly forgettable. Good luck all, need it today....

[sweenoid] 21/6/2019 07:53

Well that’s one way to decrease the attendance at an AGM ! Obviously not good news and IQE get more than their fair share of bad luck don’t they? I guess the only positive is that it’s geo-political ‘issues’ rather than anything else that drives business. We live in a such a mixed up topsy turvy world where a single tweet determines prosperity for whole industries and economies, let alone shareholder value.

This place will be unbearable today,it’s started in earnest already so I won’t be adding to the ‘burden’ of posts.

S

[davemac3] 21/6/2019 07:53

Not a great start for the new FD

[hawkind] 21/6/2019 07:48

All I am saying is bottom draw.If this drops significantly, I will be filling my boots, beyond economical turmoil, trump factor which will go after his 2nd period in office, long term this is a winner at anything below yesterdays price. It is diversified with many strings to the bow and alternative customer options to fill demand.DYOR

[bocase] 21/6/2019 07:46

Poombear. Of course he doesn't. He a moron.

[hardupfedup] 21/6/2019 07:46

top up methinks today. lth.

[poombear] 21/6/2019 07:44

China is actively creating an alternative supply chain, which IQE will be part of. Doesn't Trump understand that once this happens US companies will not win back the business.

Edit: Drew.

we are now seeing increasing activity from customers in alternative supply chains across our business units as these supply chains respond to current market dynamics. We anticipate significant new customer qualifications during the second half of 2019 as a result. As global markets adjust and recover, we remain extremely well placed for significant future growth.

[bocase] 21/6/2019 07:41

It's not all negative despite lower guidance.

Photonics

The Group issues revised constant currency (USD) guidance for the Photonics segment which it now expects to grow by less than 30% year on year (previous guidance of over 50%)

Strong progress continues to be made at our Newport Mega Foundry for VCSEL production. Four reactors are currently in mass production with the first major customer. Two further customers are expected to enter mass production in H2. Sampling continues with an additional 13 customers as part of ongoing qualifications which provide breadth of exposure to global supply chains. The company remains confident that it will continue to show strong revenue growth in the Photonics business through customer diversification in 2020 and beyond.

Whilst the outlook for Indium Phosphide lasers remains challenging in the short term, IQE is engaging with several new customers who are forecasting growth, as global supply chains adapt to current conditions. IQE is in the final stages of qualification for a significant opportunity for full service 10G Distributed Feedback (DFB) laser production, with revenues anticipated in Q4 FY2019. In addition, major progress has been made in developing next generation 25G full service DFBs for high speed datacoms, hyperscale datacentres and 5G.

[tomboyb] 21/6/2019 07:41

"So only 4 weeks ago our BOD expected full year revenue to remain unchanged at £175M. Today they tell us they expect it could fall by almost 20% to £140M. " -

hmmm -

[bocase] 21/6/2019 07:39

Peel Hunt re-iterate buy, a few moments ago with price target reduced to 108p

IQE PLC IQE Peel Hunt Buy 71.65 71.65 137.00 108.00 Reiterates

[diplomat65] 21/6/2019 07:38

Just 4 weeks ago the Company were saying this about the impact of the Huawei ban:"The company has been engaging across its customer base in recent days specifically on this subject and estimates that its current maximum risk exposure to this matter is less than 5% of total FY 2019 revenue guidance. Although there remains uncertainty and unpredictability related to this specific matter, given the market opportunity IQE faces in H2, the company leaves full year guidance unchanged."So only 4 weeks ago our BOD expected full year revenue to remain unchanged at £175M. Today they tell us they expect it could fall by almost 20% to £140M. Next week's AGM could prove lively when questions from the floor are invited.

[hyper ai] 21/6/2019 07:38

some support at 40p-ish but 20p might be on the cards if that fails