Iqe Share Discussion Threads

[adejuk] 01/7/2019 13:56

indubitably

[diplomat65] 01/7/2019 13:31

Good start to the week and who knows, maybe a further lift when Wall St opens in half an hour?

[mhassanriaz] 01/7/2019 11:32

Nice article. I am expecting the share price to hit at least 68p today if not 70p. Covering asian side will gain traction in the months to come.

[provonar] 01/7/2019 10:55

Nice to see Yole still on message with the forecast growth in the VCSEL market over the next few years:

hxxp://www.semiconductor-today.com/news_items/2019/jun/yole-280619.shtml

The lion's share is still in consumer goods, so we'll be buffeted by OEM news, ad nauseam.


For those who want to look at the VCSEL tech in more detail, this is a nice article by Jay Skidmore, the Lumentum VP of R&D, comparing VCSELs and EELs (which IQE also make):

hxxps://www.osa-opn.org/home/articles/volume_30/february_2019/features/semiconductor_lasers_for_3-d_sensing/

[adejuk] 01/7/2019 10:35

now holding more than when i panicked !
rns soon i hope unless trump is as volatile as usual.
"he disturbs the status quo
causes panic
restores the status quo and claims a victory"

[regasclockwork] 01/7/2019 10:05

Well, what a coincidence Sweeney coming on here within hours of me worrying and asking after his health. I can now stop worrying as he appears to be in 'rude' health after all. I obviously didn't expect him to thank me for my concern as he has to keep up the pretence of having me on ignore. Ignorance is bliss some say.

Whatever, last post from him was 10-days ago on 21-June when he sounded a bit deflated following the 17.8p drop that day. Here is a snippet from that post:

sweenoid - 21 Jun 2019 - 07:53:37 - 26674 of 26988 [IQE down

"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? -End-

Well, that news certainly decreased the attendance by at least two - that's himself and his buddy Hammered? LOL!

[tangler66] 01/7/2019 09:32

Hi Sweenoid

Thank you for taking the time to reply.
Encouraging for the long termers of which I count myself.
Hope all is well with your family.

Kind Regards

Tangler

[adejuk] 01/7/2019 08:08

sweeny, enjoy.

[bocase] 01/7/2019 07:15

Sorry wrong thread

[dockenfieldman] 01/7/2019 06:12

I can only offer my own personal experience of my 1st IQE agm. Considering the share price had been battered the previous week and to be honest, battered for the last 18 months since the highs of 180 p, I thought the directors made a considerable effort to engage with the shareholders present - there was hiding away or being shy, in fact they were engaging, frank and hospitable to the shareholders. I spoke to several other investors and they all seemed positive following the agm and factory tour and all indicated they would remain loyal to IQE and not sell at this time. Many of the shareholders seemed to be long term holders, some for several years and their loyalty would have been tested with the recent rises and losses over the past two years. I was impressed with the new chairman and CFO and believe they will add structure, experience and balance to the IQE board. I remain excited about the future and in particular, 5G, this should provide IQE with a massive opportunity to build growth, increase margins and revenue. 5G is not some future project but it’s happening now and should be beneficial to IQE sooner than originally thought. IQE are in a great technology space and are now in a position with its Newport site to increase capacity and scale and I remain confident that the share price will reflect the dominance of IQE in the near future. Good news over the weekend with perhaps an end to the Chinese, US trade war, may start the IQE share recovery. I went to the IQE agm to be reassured that IQE had a board, capable and energised to deliver shareholder value in a company which had recently been hit badly by a succession of bad news, profit warnings and adverse ‘head winds’. I drove home along the M4 much happier following my 1st IQE agm than my journey down in torrential rain.

[regasclockwork] 01/7/2019 00:22

I hope everything is OK with Sweeney. I say this because a couple of days back a chap came on here and asked him if he would share his thoughts on the AGM with us. It's now around 6-days since the AGM and not a word from him. A bit odd as over the past 20 years or more [on both IMG and now IQE]] he has been giving fellow 'investors' a blisteringly upbeat report within a day or two of the event and I can't remember one bad report from him.

We've had several reports from those who attended, some bursting with enthusiasm and others not so. Normally, investors come away from the meeting and mention how great it was to meet up with old friends and mention them by name - but no names mentioned this year as far as I can remember.

I wonder if the following has a bearing on the subject?

sweenoid 4 Jun '19 - 10:52 - 26472 of 26981 [IQE 74.3p] - just a snippet from the post.

"Investors who don’t attend, miss out, benefits are intangible and difficult to quantify, but it gives investors an opportunity to ‘guage’ the character of directors, that for me is indispensable,... I have never ever doubted the integrity at IQE,if I did I would sell immediately, I have been frustrated, but never believed that they were not 100% committed, you make up YOUR own mind after you meet them." See you at the AGM -End-

From above,"if I did I would sell immediately". Mmmmm!

Whatever, I hope that everything is well with him and close ones and it's just a case of ,"I've got better things to do".

[regasclockwork] 30/6/2019 19:15

Dip65 on on 'the other channel':

"Company only recently announced that a recruitment process was underway to find someone to take over the role Chris Meadows has been covering. Maybe I got his back up earlier when I asked him during his presentation if he was aware of the anxieties many of IQE's PI's were feeling and expressing on the various bulletin boards about the Edison report highlighting the forecast £14M trading loss and the need to fund raise. He said he had a very busy job and doesn't waste his time reading them. However, he did say they had secured access (if needed) to increased overdraft facilities with HSBC on top of the US$35M put in place earlier this year." -End-

All I can say is 'charming' - nice to know that our 'investments' are appreciated.

[techincs] 30/6/2019 19:12

Adejuk- Hope your feeling better now. I strongly believe Oppenheimer will accumulate very soon and shorts closing.The share price may go as high as 90s in a very short time but I also agree that we will have bumps along the road in the long run.

[lpavlou] 30/6/2019 17:08

Don't be fooled into thinking the current profit warning was purely based on the Huawei ban. My reading of the profit warning slides to more issues in the wireless division. Capex being cut means there won't be any more tools in the Newport facility for the next 12 months and we know it can take 12 months from order for the machines to get into production. I've not been around the facility but if it can take 100 tools, then at best IQE are occupying 25% of the facility including the sublet. I reckon they only have another 18 months rent free whereupon they will have to start paying the rent on the entire building. I expect a positive bounce tomorrow but don't be fooled. This is a long term hold and there will be many more bumps in the road. Expect the share price to be volatile.

[adejuk] 30/6/2019 16:39

get that market open !
:-)

[adejuk] 30/6/2019 16:32

i sold a pile in a panic
the news dropped when i was in hospital and not at all well
with sanity restored i bought them back at about 55p ave
dropped a lot but re-learned a lesson i should never have forgotten

[regasclockwork] 30/6/2019 15:59

Diplomat65 30 Jun '19 - 09:50 - 26972 of 26975 [IQE 60.7p] Edited.

"Luckily, IQE's new mega foundry has room for another 90 tools! GLA LTH's." -End-

Wasn't it just by chance that the building was big enough to house 90 'tools' when IQE first got it rent free? I can't remember reading that IQE said that they expected that number to eventually be in production?

A further 10 reactors 'were' expected to be installed at the latest, 6-months from now? making that a total of 20? See below:

CotswoldSparky - 25 Jun 2019 - 21:14:34 - 26894 [IQE 57.25p intra-day] Edited.

A snippet from CS's AGM report.

"I was at the AGM. Went on the tour, 10 reactors in operation at the new site and no more on order until sales / revenue increases. Disappointing as at the AGM last year they exepcted another 10+ to be installed withing 12-18 months." -End-

[coolhandfluke] 30/6/2019 13:26

With the new rule that electric cars must make a noise, we will have to develop a wafer with a rattle.

[lord loads of lolly] 30/6/2019 12:00

I'd expect Huawei to start stockpiling any essential US components PDQ now. Given The Donald's propensity to flip flop, leniency one minute could very easily revert to prohibition the next. So this might well give IQE and other suppliers an unexpected short term boost. I don't share other investors' optimism of an instant return to 75p or so though. But it should at least lead to a rise back to the mid / late 60s on Monday.

[mhassanriaz] 30/6/2019 11:26

At least now we are sure we provide Huawei through US channel. I am expecting a massive rise because of Huawei, Trade deal and North korea news. I feel bad for people who sold last week.

[diplomat65] 30/6/2019 09:50

Dr. Wayne Johnson, VP at IQE provided this useful reminder of the range of products IQE have lined up ready to take advantage of 5G when speaking about the Company's role in the Govt-sponsored DLINK project, a new £850,000 research project that aims to put the UK at the forefront of the next generation of millimetre wave wireless communications technology for 5G infrastructure:"5G networks will function across an unprecedented frequency range from traditional cellular bands to millimetre wave. IQE offers a powerful array of materials solutions enabling 5G, including enhanced efficiency GaAs HBT PAs, novel RF filter products utilising IQE's proprietary cREO technology, and high performance switches for mobile devices, GaN HEMTs for wireless infrastructure, InP products for high-speed oscillators and photodiodes, and many more. This DLINK program is another example of how compound semiconductors produced by IQE will continue to fuel the connected world as it transitions to 5G platforms." Luckily, IQE's new mega foundry has room for another 90 tools! GLA LTH's.

[diplomat65] 30/6/2019 09:23

Huawei may claim to have signed 5G contracts with 50 or so carriers around the world but they are far from alone. All good news for IQE's RF tech which will play an integral part . . . "Nokia is fighting hard to steal Huawei's 5G crown.By Sherisse Pham, CNN Business Updated 8:45 AM EDT, Tue June 04, 2019 Hong Kong(CNN Business) Nokia is taking advantage of Huawei's troubles to catch up with its Chinese rival in the global 5G race.The Finnish telecommunications equipment maker said Tuesday that it has signed 42 commercial 5G deals around the world.That puts it on par with Huawei, which has invested heavily in developing the next generation of wireless technology that will underpin much of the new digital economy.The Shenzhen-based firm is the world's largest telecommunications equipment maker, but it has been under fire from a US-led campaign against its business. The United States has been pressuring allies to ban or restrict Huawei equipment from their 5G networks, citing national security concerns. The Chinese company has repeatedly denied that any of its products pose a national security risk. Huawei could be the first big casualty of China's clash with AmericaHuawei could be the first big casualty of China's clash with AmericaHuawei confirmed Tuesday that it has also signed 42 5G contracts, including 25 in Europe, 10 in the Middle East and six in Asia.But Nokia's footprint is growing much faster. The company has signed a new contract every week since March, it said.Huawei had announced 40 commercial 5G deals by the end of March, while Nokia (NOK) had around 30 at that time, according to Charlie Dai, an analyst with research firm Forrester.That means Nokia has signed 12 new deals in the last two months compared to two for Huawei."Huawei's 5G business growth is facing some headwinds ... but it's still keeping the momentum," said Dai, noting that the Chinese company last week announced a memorandum of understanding with the African Union which would cover the rollout of 5G networks."

[adejuk] 30/6/2019 04:46

i expect a big rise tmrw
hopefully beyond 75p