Iqe Share Discussion Threads

[jimboyce] 07/6/2022 19:26

I will buy when Pullen does......

[guildedge] 07/6/2022 19:01

Trade wise. I think the reason we have not seen the sell RNS is because they are not done yet. Someone bought or sold £1m of shares today. If this is all one seller then it likely could be someone with 8-10% of shares. Of course we don't know how many shares Richard Griffiths started off with.

Is this the moment where they have a clear out of stale investors and the company starts a u turn. We could see a rise here/ If directors are going to buy again they may wait till the end of this process or after any TU?

[crosswires] 07/6/2022 18:44

If you want to read an article that gives some clues to what the Apple AR experience might enable, this gives a great overview of the possibilities 👍

[kilgallp] 07/6/2022 17:50

Hi Crosswires, I'm a bit like your dad where AR is concerned. Not that I think it won't take off, but at my age, I don't see me having any use for it!

[sweenoid] 07/6/2022 16:05

He is not a fund manager! he is a private investor, a risk taker and a very rich man so he must know what he is doing.😉
He has had a long term interest in IQE but has not had a notifiable interest for many many years, I regard his now significant’stake’ as a positive omen as it signifies to me that he has almost certainly had direct contact with the new CEO ….and been impressed by his vision and strategy.

S

[r9505571] 07/6/2022 11:55

Richard Griffiths went on to take his stockbroker and investment bank business from a start-up to FTSE 250 member in five years. Today, as a fund manager, he has interests in 26 companies worth £256 million.

[longtallsally] 07/6/2022 11:35

Your quote “In some ways IQE right now is like circa 2016 before it took off on the first 6” VCSEL ramp.”

Agreed ✔️

[crosswires] 07/6/2022 11:27

You’re right it was at the early days, remember watching it on “Tomorrows World” with him ;) Now at 90 he has only just moved on to a semi brick with zero internet on it. “I have it on my desk what use is it on my phone?!” he says…fortunately for investing his opinion is irrelevant!

The beginning of AR has been some mildly useful basic apps on phones and also for more professional use but where it ends up in 5+ years is of course the point. The initial Apple product is thought to only be a headband type construction tethered to your phone, apparently 2025 is the prediction for the actual glasses model that should be “untethered221;.

Like most things it takes longer than you first imagine, I first got excited by the investment potential of AR back in 2017, 5 years on it’s still only on the cusp.

In some ways IQE right now is like circa 2016 before it took off on the 6” VCSEL ramp.

[kilgallp] 07/6/2022 11:13

Crosswires, 'My dad couldn’t see anyone walking round with phones…'. Depends when he thought that!

If it was in the very early days, when the phones were enormous, and the charger resembled a car battery, I think he had a point! :-)

[crosswires] 07/6/2022 10:24

Bing yes it has the potential to be exciting and in time “they” are predicting that AR and Glasses will take over from phones as the go to device for personal tech. Us oldies (anyone over 30;)) probably thinks it doesn’t make sense to wear glasses if you don’t need them but it’s always the young generations that drive change. My dad couldn’t see anyone walking round with phones…

Apple need to get involved and ultimately drive this tech because they always do it best, so hopefully 2023 is the start of an exponential curve for micro led and other IQE tech that is inside the AR solutions.

I saw a video recently that showed a user with glasses able to virtually swipe and move multiple screens around in front of their normal environment which looked very cool and I am starting to see where it could lead. I suspect like the phone it will take a few years yet before the tech becomes “must have” and volume becomes massive but the potential is there for sure, especially when it can be untethered from the phone. Until it’s untethered it’s an additional add on cost.

Anyways there is no doubt from 2023 on we will hear a lot about this tech which could well be the tech driver for the next decade

[bing_b] 07/6/2022 10:03

From Crosswire's link above .....

'He is regarded as a City veteran and a savvy investor.'

No ...... it couldn't be 😂🤣😂🤣

[bing_b] 07/6/2022 09:56

I found the article below informative re Apple VR/AR development plans. Potentially very beneficial for the photonics side of IQE's business going forward. Apologies if old news.

[crosswires] 07/6/2022 08:42

. 😉

[crosswires] 07/6/2022 08:15

Ah so this guy?



Interesting that there are two UK guys with the same name who have large successful investment track records!

[sweenoid] 07/6/2022 08:08

Crosswires and Tomduck you are totally wrong!

Richard Griffiths is an incredibly rich serial investor who was born on a sheep farm not far from where I live! Left school at 16..



😂 he was invested in IQE many years back. This guys new and very significant investment is evidence that the new market driven strategy is gaining traction and investor support
S

[guildedge] 07/6/2022 07:29

So the 25m trade was not related to change of markets. Maybe interactive investor have cleared? 36+6=43. Assuming new position. Might also be why Lombard sold shares too. Mopping up sold shares. 3m/1m share trades likely Richard too.

Still large ut trades so could be a bigger holder.

[tomduck] 07/6/2022 07:22

Interesting news Crosswires, I have followed this guy for some time, he has a good track record. He used to work for Morgan Stanley, JP Morgan and UBS.

[crosswires] 07/6/2022 07:09

Large increase in holding by Richard Griffiths, who is both a large private investor and is currently the head of quant research at AWR capital.

[desflurane] 06/6/2022 19:52

Post 815 😂

[1knocker] 06/6/2022 16:25

There is no hope for IQE now that Wales have knocked Ukraine out of the World Cup. The world has already ceased to buy welsh coal, and the products of IQE's welsh factories will similarly be subjected to a total boycott. Didn't they know that Ukraine were supposed to win? Did they learn nothing from the Eurovision song contest? The most draconian economic sanctions must now be imposed upon the sheep shaggers, and there will be starvation in the valleys. Tough on the IQE shareholders, but that is jurisdictional risk for you.

[crosswires] 06/6/2022 16:21

You will never know about the machinations of the big investors so I really wouldn’t waste much time wondering. Nobody here will know for sure, but the most likely scenario for these sales is balancing their portfolio which is a constant.

[guildedge] 06/6/2022 16:19

Lombard now below 5%. Sold 1.8 million shares? 41,030,009 to 39,208,325. 1.8m shares sold? Why are they now selling?

[lord loads of lolly] 06/6/2022 09:10

lammergeier - agreed, some encouraging signs (not least, a share price mini-rally from its recent 28p doldrums). I'd completely ignore what Peel Hunt say though. After all, they've a vested interest as IQE's joint Corporate Broker. And they were joint bookrunner in 2017's 140p placing. A triumph at the time for the company's bank balance. For institutional investors, less so. Also, Peel Hunt draw some pretty odd conclusions about which companies will be recession-proof. Their comment that one of "the last three things to 'go' in a recession" is "the monthly new pair of trainers" says it all really.