Iqe Share Discussion Threads

[lammergeier] 30/9/2022 08:01

Apple has been a good growth company over the years but eventually and i have seen it with many companies over the last 40 years,the bigger you get and by goodness Apple
are one of the largest Companies in the world.It becomes very difficult to grow the company to meet the expected needs of the market.
Iqe is still in its infancy ,at the forefront of technology .Capitalised at no more than£ 275 million.With the right people in charge,the potential for Iqe is huge.The
World is its Oyster.Onwards and upwards

[lord loads of lolly] 29/9/2022 22:09

It’s all about earnings visibility & financial strength in markets like this. Companies which can’t guarantee both the above - and unfortunately IQE’s included in this - are currently being clobbered.

[guildedge] 29/9/2022 15:33

It's a share where if you believe managemnt you would be buying at these prices as ramped sales will lead to profits. However if you look at all events going on in world and see a loss making firm you want to run a mile too. I guess if you are invested heavily you have to believe. If you don't believe why have you not sold? Hoping for a takeover or long term it will become good?

Of course most of the big investors here have been increasing stakes. They must see something long term.

Is todays share price move due to shorters or Apple news? I have no idea. Barely 1m traded so that speaks volumes.

[lord loads of lolly] 29/9/2022 15:15

crosswires - you may be right. Hope so. But we have been saying it for rather a long time now. And unlike markets across the pond, IQE shares have been taking a pounding for several years already.

[crosswires] 29/9/2022 15:10

I don’t buy the TO either but I do think with the new focus on sales and cutting out unnecessary parts of business better days are coming in late 23/24.

Markets taking a pounding across the pond as well today

[lord loads of lolly] 29/9/2022 15:05

guildedge - you say "If they can ramp up production and sales they would quickly turn a profit." Well yes - and how long have we all been saying that about IQE? I can't see why it would be any more likely to happen with new ownership than under its current (well connected) CEO. So afraid I still don't buy this speculative takeover nonsense.

[bing_b] 29/9/2022 14:40

Further to Crosswire's post ...... 'about a 10% increase in the shipment forecast of iPhone 14 Pro models'

[crosswires] 29/9/2022 12:55

Guild that Apple statement you mention (made yesterday I think) has been questioned by Kuo the undisputed Apple supply chain analyst today who says as far as he is concerned that is not the case and also that the mix of Pro phones remains ahead of plan. Mentioned on Monday and reiterated today. For now of course, who knows what dangers lurk into 2023 …

[guildedge] 29/9/2022 12:22

Well Barclays site has IQE revenue marginally higher now for this year. 165.04m. Likely due to exchange rate. Apple has ditched decision to make an additional 6m iphones this year. So is not great.

Any takeover might be based on new orders. If a firm was planning massive ramp in products that used IQE products they may see value in the takeover. Especially as IQE is set up for much higher production. Weaker pound would make cheaper exports once the Newport site has more than 10 tools. Of which 6-7 are active?

If the exchange rate stays this low they have no excuse for making a loss in 2023. Albeit Barclays broker site suggests 2.6m loss before tax. With 7.05m loss this year before tax.

This is what makes IQE interesting. If they can ramp up production and sales they would quickly turn a profit. I can't believe they would hire a vice president of sales unless they expected big orders. Another person from GF joining the ranks. You have to wonder if GF will take a bite here?

My main concern is global recession and sales slowing. Especially withy Apple. So much going on in the world.

[lord loads of lolly] 29/9/2022 09:39

sweenoid - you say "as far as I am concerned it’s now or never for a takeover - period". That'll be never then. Why would loss-making IQE - currently with declining/stagnant sales - be an attractive takeover target right now? OK, so the low market cap reflects its current parlous state to an extent. And it MAY - one day - finally be possible to turn this serial disappointment round. Here's hoping, so LTHs like me can finally exit with minimal losses (or even a small profit). But just as investors aren't exactly queuing up to buy its shares right now, nor is an acquisition even vaguely on the cards IMHO. In your linked article: "Canaccord Genuity, the investment bank, picked out vulnerable London-listed companies — especially those with strong cashflow, low debt and high margins". Whilst IQE's debt levels might not be too alarming at present, its low margins certainly are. And its free cashflow has been mostly negative in recent years.

[sweenoid] 29/9/2022 08:30

Weakened City braces for wave of US takeovers



A significant factor for IQE is that it already has a significant presence in the US
Just saying the obvious folks, as far as I am concerned it’s now or never for a takeover - period.
S

[sweenoid] 28/9/2022 17:33

My sell price comment was based on my illustration of a takeover at double the share price at the time I made that post, the share price was 33p so my comment intimated that IF someone made an offer of 66p that they could have all of mine.
This is of course hypothetical, I will sell when I think it’s right for me and I won’t be telling anyone till I am out, it might be next week it probably won’t be 😉.

I like the new appointment, she looks like a great acquisition with the right experience, a 25 year history spanning increasing levels of responsibility in IBM then GF works for me. Of course she will have known our new CEO and the fact that she like he is exiting a huge corporation to come to IQE is encouraging.I wonder how many others we will poach?

S

[longtallsally] 28/9/2022 16:30

Price is definitely not yet suggesting a takeover, just a reflection of the possibility of more success under Americo via (as Provonar points out) the likes of Global Foundries. Sweenoid would sell at 66p, i’d sell at 80p which was last years high.

[provonar] 28/9/2022 16:26

IQE just appointed Christine Dunbar as VP of US Sales. She's worked for GlobalFoundries for 7 years and IBM before that. Price action is reflecting the execution of Americo's plan to get a stronger sales force in place.

[chrisdgb] 28/9/2022 15:57

Price suggesting otherwise at the moment.........

[lord loads of lolly] 27/9/2022 11:50

If I had £1 for every time IQE was rumoured to be taken over, I’d be laughing. And believe me, as a LTH of IQE, I’m NOT laughing.

[chrisdgb] 27/9/2022 07:52

Agreed, the CEO is so well connected in the US, this will certainly be on the radar screen........

[savvy investor] 27/9/2022 07:48

I believe we will see a raft of UK companies taken over due to the FX rate and quality of the companies. iQE is one that could get some interest as the assets are great but the execution has to date been aweful. I’m considering buying back a little and will if the shares go up again today. Good luck

[lord loads of lolly] 26/9/2022 12:47

For once, an exceptional that actually improves the bottom line for a second. Until you look at the constant currency figures, that is.

[sweenoid] 26/9/2022 12:00

Results are given on a constant currency basis which negates the currency changes up and down

Does Numis believe that punters are so stupid that they would not look beyond the results in £ ( which of course WILL be significantly higher) and rather highlight the real situation when currency changes are taken out of the equation , quite frankly I hope they do 😉because the next 2 sets of results in £ are going to ‘look’ significantly better.

S

[suejarvie] 26/9/2022 11:06

Rumours of a bid circulating maybe?
Sweeny's earlier comments triggered some action lol.

[chrisdgb] 26/9/2022 10:06

Numis DCF valuation has now risen to 83p per share given the exchange rate move..............

[crosswires] 26/9/2022 09:49

Someone must have heard you Sweenoid ;)

There are quite a few UK stocks that look value for a mid to long term hold as of today.

[lammergeier] 26/9/2022 09:20

Sweenoid-its 11 years since Intel actually confirmed it had made an approach to Iqe

for around £500million,nearly twice the current Mkt Cap.I am surprised that Dr Drew

Nelson has not taken Iqe PRIVATE as the company has been underrated compared to its

peers especially in America.Time will tell