Iqe Share Discussion Threads

[sweenoid] 28/6/2022 07:48

Phil Smith our chairman was stuck on the runway at Vienna airport late yesterday afternoon for 2 hours before his journey was cancelled! So Carol Chesney will be ‘chairing̵7;

After a lot of issues with Barclays I have finally got the information needed to access the AGM Webcast - the SRN AND PIN so looking forward to tuning in and fully expecting the vast majority of my questions will be answered. Americo Lemos tone and the content of his comments are very important as given they have disappointingly not issued a trading statement today it will be all we have to judge progress under his tenure.

S

[guildedge] 28/6/2022 07:13

So we got the AGM statement. Literally just about the AGM.

Have they hired a second PR firm or is that old news?

[guildedge] 27/6/2022 21:30

hxxps://otce.finra.org/otce/equityShortInterest

Interesting. Shows a 1.699m drop in shorts. 30% drop.

[longtallsally] 27/6/2022 13:44

Nano share price seems bound up in the court case but it is with interest to me that LOM and RG are exiting now when you say “most” think the share price will zoom up when Nano win against Samsung. I doubt it’s a sure thing but hope it is for Nano holders. Anyway something must have led RG to jump ship to IQE.

[horneblower] 27/6/2022 13:26

Is RG son of the legendary chartist Robin Griffiths, does anyone know? Probably not. Common name.
Nearly everything I know about charting, I learned from Robin Griffiths who ran an excellent, monthly chart publication called "Amature Chartist" many years ago.

[zingaro] 27/6/2022 13:08

RG has been selling out of his NANO holding which he bought at around 9p and has sold at around 40p, although most expect NANO to go higher in the next 6 months as they appear to be winning a court case against Samsung. Interesting him "switching" into IQE. I hold both.

[crosswires] 27/6/2022 11:24

I think that’s an entirely possible scenario Sally. My target for a share price re rate is next autumn (when I think we could see 80p - £1 again) if Americos plan starts to come together.

[longtallsally] 27/6/2022 11:06

Whatever the whys and wherefores IQE is weak today whilst there is strength in the general market. I don’t expect the earnings to be better than low single digit growth, possibly even flat and it may be that we are left waiting until ‘22 earnings for better things. With IQE never rule out a negative surprise! Imo Richard Griffiths is investing for the mid term not with any informed knowledge of this coming earnings.

[guildedge] 27/6/2022 10:59

Definately shorts there and spreadex financial tool? TRP have shares on loan too? Difference now is they are not clearing on bad news. Hence why so many shorts were able to clear. I am npt expecting revenue to fall below current rate. Albeit with IQE anything is possible.

[lord loads of lolly] 27/6/2022 09:35

guildedge - as longtallsally has said, history suggests shorts closing are unlikely to make the share price shoot up. Particularly as there's no "stack load of shorts" in the first place. Currently the only disclosed position is 0.55% (JP Morgan), which is a far cry from the 2018 highs.

[crosswires] 27/6/2022 09:08

Sally, yep it requires the share in question to have some real upward momentum and be in demand at the same time as the shorts are closing. An extremely positive outlook note or earnings beat at the same time would be the kind of thing…

[longtallsally] 27/6/2022 08:05

Guild I’d be happy with meet expectations and a positive outlook for the next 6 months.

When shorts clear the share price often doesn’t shoot up, we went from over 12% shorts to under 1% without such an upflift…

[guildedge] 27/6/2022 07:47

Yes I wonder what % he will stop at. 5% seems a very round number. Assuming they are not soaking up Lombards or other major shareholder's stock?

If there is good news they are building up to it with a string of RNS's. The one thing we lack is any real numbers for H1. At present we have to assume in line with expectations.

It's possible they could do an AGM statement but seems unlikely. Maybe closing statement in July? We are yet to see overall strategy publication but it seems pretty clear building long term partnerships is the goal here. Soe xpect more partnership annoucements. Margin and numbers will be key. I figure 180m revenue is the key marker for any profits. Next year for that albeit 175m currently predicted. They needed a rise in revenue here to meet their 2022 targets.

If there are a stack load of shorts, when these clear on good news the share will shoot up. Maybe market gambling downturn in economy has hit IQE hard? Wouldn't be suprised to see this rise today especially if Richard is still buying.

[crosswires] 27/6/2022 07:13

Richard Griffiths at it again!

[indiestu] 26/6/2022 18:57

Tomduck. Please can we have an update on your cat. Thank you.

[crosswires] 25/6/2022 15:52

Absolutely Tomduck and Bing correct, and that (5G) will be where if not all the lion share of IQE VcSELs are.

[bing_b] 25/6/2022 15:32

sf5 - thank you for the link. Per the graph from your link. Whilst it is indeed true that the overall number of smartphone sales is expected to fall in 2022 it is worth noting that 5G phone sales are still forecast to increase fairly significantly.

[tomduck] 25/6/2022 15:30

There will be risks for most companies heading into the next couple of years, it’s those that can expand their reach who will buck the market. 8” “should” be a notable gain for IQE but the tap being turned back on for 5G roll out in China will be too. Added to the tailwind for $|£ rate and it “should” (that word again ;)) add up to an share price re rate over the next year or two.

[bbonsall] 25/6/2022 15:13

I think IQE will experience high demand for its wafers in many wide ranging markets. Military applications of LIDAR, not to mention automotive, will grow hugely. Medical and security applications will grow too. Mobile phones and VR/AR headsets will become an ever piddling part of IQE’s business. Some on here still think it is all we are involved with.

[sf5] 25/6/2022 12:21

Beware the risks of strong headwinds in the phone market from falling demand. After all, a new phone is hardly a must-have purchase for cash-strapped consumers

I suspect that in today's investment climate the health of IQE's bread and butter market may be a bigger influence than hype over jam-tomorrow niche products like AR/VR stuff. Delighted to be proven wrong!

[horneblower] 24/6/2022 23:18

I can see AR glasses becoming "must-haves" when the wearer gets a major advantage from wearing them.

The glasses would have both audio and visual imputs so, would hear and see all that the wearer hears and sees. It would then occasionally suggest real-time hints to the wearer, either "in-ear" or on-screen.

For example, if, in conversation, the wearer hears her friend say, "Hey, did you catch Bono on Desert Island Discs yesterday?", the glasses would pop up her friend's name, in case she'd forgotten it, along with an image of Bono, and the earphones would say, "Prog rated 6/10 by journos; his luxury item was a nailbrush and his first record was "Swedish Rhapsody"

When the glasses can proactively provide extra details to one's immediate intelligence in a natural and intuitive way, what's not to like?

Of course, it will turn us all into zombies in a far more affective way than our phones do currently. But that's progress.

[indiestu] 24/6/2022 22:18

Surely the twelve inch epitaxy will be the game changer. Economies of scale. What Nm platform is this on?

[crosswires] 24/6/2022 17:56

Most interesting bit of Kuo’s AR note…I love the sound of point 2 and 5 ;)

Apple will be a game-changer for headsets.
(1) Although Apple has repeatedly reiterated its focus on AR, I believe Apple AR/MR supporting video see-thru could also offer an excellent immersive experience. Therefore, the launch of Apple AR/MR will further boost the demand for immersive gaming/multimedia entertainment.
(2) Apple AR/MR would be the most complicated product Apple has ever designed, so many existing suppliers are also in the Apple AR/MR supply chain.
(3) Benefiting from Apple AR/MR’s innovative experience, Apple and Apple supply chain would be re-rated in the next 2–3 years, which favors the stock price.
(4) Apple is an industry leader with significant competitive advantages and doesn’t need to join the Metaverse Standards Forum now.
(5) After Apple launches AR/MR headset, I think Apple’s global rivals will compete to imitate it, leading the headset hardware industry to the next stage of rapid growth and benefiting the related services and content ecosystem.

[longtallsally] 24/6/2022 14:28

Volume on AR will come when it is glasses (and not the band which is mooted to be the first iteration) and when it is untethered from the phone, perhaps in 2025. However it has to start somewhere and Apple as usual have waited until they can see it’s able to be a game changer.