Iqe Share Discussion Threads

[suffersnofools] 21/6/2019 10:56

Not familiar with ARB - I'll take a look thanks.I hold BTC, ETH and BCH through IG - and hold my smaller alts in my wallets off exchange - mostly NEO and LTC. Sold a few of my newer ones last few days in light of Libra news as I think it removes the use case for many of the coins that are based on becoming payment systems. I'm more convinced by the store of value, anti-inflationary argument.......been a good year though :D £££££

[bocase] 21/6/2019 10:53

SufferNoFools:

Good trade. Well done.

[regasclockwork] 21/6/2019 10:40

Will one of the six of you attending the AGM please ask if the move to the main FTSE market is now on hold - like the 2 new tyres for my car?

[suffersnofools] 21/6/2019 10:38

Out at 53p target 20% return in a couple of hours will do for now.

[savvy investor] 21/6/2019 10:38

Suffernofools. Good move on crypto! Are you in ARB, it is good derisled crypto hedge with most of market cap cover in cash and BTC held. Short term it should go higher as has not moved much since BTC 8000 and massively positive trading statement with BTC assumed at 8500 recently... DYOR

[nickwild] 21/6/2019 10:31

If income this year falls as low as 1p per share P/E is 50. Anything above that would be positive given future prospects.

[suffersnofools] 21/6/2019 10:28

Yes it will recover and I'll be accumulating on weakness over the next few months but without sounding like a scratches record anyone that looks at IQE or any chip stock without considering the bigger picture is delusional. There are huge profits to be made in semi conductors BUT of all the markets I trade is the most cyclical. So given that the implications of Trump's suicidal protectionist policies will soon be given as a factor in the next slew of US company guidance reports in earning season there are many more punches that Investor sentiment before a new bull cycle begins. I even sold my biggest winner of recent years, AMD, last week as I'm so bearish on the market and why I piled into gold, silver and crypto six months ago.....

[bocase] 21/6/2019 10:19

SufferNoFools: Yes agree about gold. It has just broken through long term resistance and gold miners offer a leverage play but looking back at the charts confirms that every time IQE has fallen like this there has been a rapid bounce back often to the tune of 40-80% so a good investment case can be made here if you are prepared for some risk.

[bbonsall] 21/6/2019 10:18

What’s with all this quoting the share price to one hundredth of a penny?!!

[adejuk] 21/6/2019 10:16

i don't think the shorters are done yet
still tens of mill out by my calculations

[suffersnofools] 21/6/2019 10:15

This is going to be a traders play thing until earnings visibility becomes less opaque. Add in another sharp US tech market correction in the offing, and war in Iran pushing investors into defensives (look at gold!) and there is no rush to buy here...

[bocase] 21/6/2019 10:10

Sheepy..you say un-investable for the next 12 months...well you could have made 10% in the last ten minutes!

[savvy investor] 21/6/2019 10:10

It's me and the SIPP, yes very disappointing day. I know the risks but my outlook as said from FEB is a 3 year view. If you trade you can make a fortune, if you sit and hold the right shares you often make much more. I had 500k shares in SIPP, had to sell some to build up a large stake in ARB that I have mentioned on here. Started his morning with 300k shares so lost on paper 100k. Just sold £20k worth of Oher stock to buy another 30k shares at 45p to go to 330k shares. Disappointed but remember this post in Feb 2021, you might surprise yourself 🙂. At this level it is going to attract a bid, yes at 100p it would have taken 200p, now a bid could be successful at 120p or even as low as 100p, however this is not a share with 45p imho... good luck with your decisions

[sheep_herder] 21/6/2019 10:03

adventurous, I think I called it pretty good with all the discussion back in Jan:

Ever since the first miss on the VCSEL side I've been beating the same drum that the revenues are a lot further out than anyone on here realised. Given how badly they predicted the VCSEL ramp it was clear they had no visibility of their business and for me, was far too risky.

I said at the time of that post above that the next update was key. It certainly has been. You can blame it on Trunp all you like but if the rest of the business was kicking on like many on here were convinced, or rather were convinced by a certain poster, a single customer wouldn't again be causing such an issue.

The last two updates have only shown that IQE don't have any visibility in the 6-12 month range in any part of their business. What happens if H2 is a washout and the VCSEL orders they're talking about don't make up the difference. For a company so heavily investing in capex for a market that has dried up, it doesn't look great to me. When do they have to start paying rent on that under utilized "mega" foundry? Will they have to raise more funds or make layoffs before Christmas?

Whatever happens, this is uninvestable for another 12 months until they prove revenue generation.

[bocase] 21/6/2019 09:58

Clearly some buying beginning to overwhelm the selling.

Maybe now, finally, all the bad news is in, all the sellers are out and we can start to look forward as will the share price.

[tomduck] 21/6/2019 09:52

In for a penny...👍

[suffersnofools] 21/6/2019 09:48

As I posted a few days the alarm bells were ringing last week when the share price lost the 21 day EMA and then finally yesterday closed below major support. As always the chart gives an objective view of ALL market participants including those who knew what was coming today! Obviously a lot of churn today as the fund managers offload for window dressing purposes but looking at the guidance this looks like the usual overshoot. I'm only back in with 25% of my position today as need to crunch the numbers but it looks a decent medium term bet given the semi market is on a down leg of its normal 3 to 4 year cycle. If the share price can regain the key 54p level and hold on a daily close then I'll be more bullish. I'm not ruling out a return to the 20s but on balance i think it unlikely. Looking at the bigger macro picture - the damage that Trump is doing to his own technology industry is mind-boggling in its scale and stupidity. The best way to strengthen your competitors is give them the impetus to innovate and diversify.........

[twatcher] 21/6/2019 09:45

good to see peel hunt has their finger on the IQE pulse

4 days ago

"Peel Hunt re-iterate 'buy' today with 137p price target"

[regasclockwork] 21/6/2019 09:45

Well done the man who sold 400,000 shares for 71.6p at 16-46 yesterday.

[grity] 21/6/2019 09:44

Just hoping the fire 🔥 with all them irons In hasn’t gone out , can only flipping sit it out , over 240k share here.

Anyone sold everything at near top & piling back in ?

[bulltradept] 21/6/2019 09:32

Just think though, the VALUE now on display in two years time, when the share price gets back to old highs, just wow, just wow!

This time in three years Rodney we'll be trillionaires!

[pal44] 21/6/2019 09:30

Just not what we needed 40% haircut ...

[adventurous] 21/6/2019 09:23

SH I think Drew summed it up quite clearly:


Dr Drew Nelson, Chief Executive of IQE, said:

"These are unprecedented times for the global semiconductor industry as
geo-political conditions affect interconnected global supply chains. It
is now clear that the impact of Huawei's addition to the US Bureau of
Industry and Security's Entity List is having far-reaching and
long-lasting impacts on global supply chains. This is a matter outside
of IQE's control but we have responded swiftly to leverage our breadth
of relationships and to pursue new sales opportunities. We are also
taking prudent expenditure actions in order to manage through this
period of uncertainty. IQE remains well placed to adapt to mid -
long-term share shifts at both the component (chip) and the OEM level.
Indeed, 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."

[buywell3] 21/6/2019 09:16

10yr Long term and shorter term 2yr channel support lines indicate IMO that 25p could get tested again




dyor

[bulltradept] 21/6/2019 09:15

There was a bloke on here who'd put all his pension money in to it.

I remember about a year or so ago, I hope he listened to reason when I and others explained about having too much in one position as it does expose you to upside and downside movements in a rather large way....