Iqe Share Discussion Threads

[guildedge] 01/2/2024 11:59

Well done Sweenoid.

Sadly it seems Citigroup don't want IQE shares here. I fear they will sell the other 5%. On a plus note good time to buy based on what you posted. Timing with seller could be important.

At this rate the 5% will vanish quickly. 2m late trades yesterday. Plus 13m traded today. Think buyers have been found. Once below 3% we will be guessing who.

[lord loads of lolly] 01/2/2024 10:08

Presumably IQE is duty-bound not to reveal anything market-sensitive to a single, private investor. That would amount to facilitating insider trading.

So whilst sweenoid’s update sounds encouraging (assuming it’s accurate), at this stage it’s really little more than a PR exercise from a company out to impress. History also suggests that sweenoid is prone to confirmation bias - given the size of his holding - which has done few who acted on his optimism any favours in recent years.

That said, from what I’ve seen, I do have a lot of time for Lemos & his potentially powerful connections. Continuing to hold makes perfect sense to me. Continuing to add, even at these levels, less so. I suspect any major sales & profits upturn is still some months away at best. And in the interim, the share price may well continue to drift lower, as it generally has done so far this year.

[crosswires] 01/2/2024 09:02

Sweenoid, that sounds like an informative and special day, thanks for the update. As Hutch says until we see the results of these deals and partnerships many will remain rightly sceptical given the past few years. Let’s hope however that in 2-3 years time we don’t look back on your day with any sense of disappointment but rather that it was a signpost of a new positive chapter in our investments. I have added yet further to my IQE share pot this year (now over 1M shares) because I view IQE as way undervalued given Americos recent work (inc IQE focused repositioning) and where the CS world is heading. I don’t see how it could possibly be worth less in 24 months than it is today, unless Americo has proven to be way out of his depth, which given the balance of probability and his industry nouse, seems unlikely. Let’s see…

[hutchmeister] 01/2/2024 08:41

Quote From Sweenoid - "many things are 'going on' not publicly visible yet that will transform IQE" - until these are shared and materialise into revenue / profits this share will drift IMO

[dockenfielan] 01/2/2024 08:25

Thanks for the encouraging update and for taking the time to share your thoughts. Did you get any feel when the Share Price will reflect these positive comments?

[lord loads of lolly] 31/1/2024 18:09

neil100 & colsmith - if you actually read what I said, you’ll see I wasn’t commenting on Apple’s business model.

I was simply referring to their ever-less-essential upgrades on their ever-more-expensive iPhones. Which makes little sense when it’s been clear for years that global economies were slowing down, with big ticket consumer spending on the decline.

The proof is in this latest predicted iPhone sales slowdown. You may not like it, but I stand by my comments 100%.

[bbonsall] 31/1/2024 16:09

Disappointed not to see any mention of IQE in that article, that is the first one above.

[sweenoid] 31/1/2024 12:37

Just for info





S

[colsmith] 31/1/2024 10:35

neil - agree Apple has a great business model but being at the top of the food chain so to speak the company is subject to consumer choice issues, IQE is at the bottom of the food chain and in principal is not impacted by end consumer choice or fashion as (hopefully) over time most/many companies will migrate to or start using compounds. Apple has to continually innovate and maybe there is for a time a plateau in what consumers want. Perhaps with Steve now not in charge they have lost their great, what the market wants, innovator, who knows.

PS - if the Apple market is really cooling hopefully they wont be up to their old tricks such as playing with the power supply to slow down things in an attempt for folks to buy a later product..

[sweenoid] 31/1/2024 08:51

Some positive comments from our biggest customer last night in a well received earnings report.

Some snippets with direct relevance to us,if you want to read the full transcript of tge earnings call look here



After two challenging years across Android ecosystems, we see signs that the industry is stabilizing. Excess supply conditions are abating and inventory levels in the distribution channel and at the OEM level are normalizing.

Customers are starting to restock inventory, albeit gradually as supply and demand dynamics improve and new phones are introduced into the market.

Furthermore, we are executing on the upgrade cycle to Wi-Fi 6E and 7. We see significant design win momentum across our retail, carrier, and enterprise channels. These systems carry substantially higher dollar content.

We also remain bullish on the long-term RF content stored in smartphones, coupled with growing 5G penetration. We see increasing levels of complexity and content with each new generation. For example, 5G advanced is driving higher RF content, including the addition of satellite bands, 4x4 MIMO on the downlink and uplink, higher bandwidth, more carrier aggregation, upgrades to Wi-Fi and GPS and other innovations. Lastly, we are energized about the prospect of generative AI migrating to the smartphone, sparking a potential major upgrade cycle.

As the performance bar rises every year to support AI-enabled phones, the complexity requirements of RF will continue to increase, driving the need for more integration, lower power consumption, smaller footprint, and spectral efficiency.

S

[neil100] 30/1/2024 21:32

Llol,
Poor assessment of Apple, they have never stated ‘I wonder why….’ They know exactly what they are doing, they are making billions, it’s one of the best business models in the world, how can you challenge them as an investor in IQE who cannot be compared in any way

[lord loads of lolly] 30/1/2024 17:52

"structural challenges" my eye.

Apple has brought this entirely on itself by launching ever-more expensive iPhones with ever-less useful gimmicks that consumers neither need nor want.

They then wonder why - in the middle of a global cost of living crisis - people are ever so slightly reluctant to shell out a thousand pounds or more to "up"grade.

[crosswires] 30/1/2024 16:06

Not the best news from a reliable source

“2024 iPhone shipments likely to decline significantly by about 15% YoY due to structural challenges”

[guildedge] 30/1/2024 14:49

Up to 9m trades today. Guessing a big trade went through.

8m trade went through.

2*1m late trades 30/01/2024.

2*1m late trades 31/01/2024.

RNS 01/02 suggests these trades are Citigroup selling. So far up to 14.25m in trades over 1m.

01/02/2024 18m trades. 4x3m. One collection of 4 trades worth circa 3m. (Includes the late trades above. In theory that could clear nearly 2% out of 5% of Citigroups shares. Maybe a further RNS tomorrow.

[crosswires] 30/1/2024 10:26

One thing is certain unless we get specific large new revenue generating deals the share price is unlikely to meaningfully advance. Let’s face it without such deals (and you would imagine at least several this year) the chance of Americo 3x or even 1.5x prediction by 2027 seems fanciful at best.

I still believe but the clock is ticking.

[lord loads of lolly] 29/1/2024 16:01

sweenoid - yes, it would be nice. Shan't be holding my breath though. Something tells me American taxes are more likely to be diverted into pure American-owned businesses.

[sweenoid] 29/1/2024 14:36

Wouldn’t it be nice if IQE secure some of this funding.

We know Americo has applied and the recent appointment of a VP of ‘government affairs’ is now in place ( literally the totality of her role should be concentrating on the CHIPS act, the money on offer from HMG is paltry).
IQE’s pivotal position in supplying military hardware to the US armed forces via Raytheon and that companies recent qualification of its North Carolina site would bode well, it would be a major league disappointment not to get some access to the funds available



S

[beeezzz] 29/1/2024 10:51

Just remove the Https and start with www. it'll just be C&P

[sweenoid] 29/1/2024 09:28

Guess we will know more about Porotechs microLED roadmap very much later today. One of the issues about potential revenues ( or should it just be revenues?) is the ‘timing’, the sooner the better of course.

Dr Kunal Kashyap’s Presentation:
Topic: Productisation of MicroLED displays based on DynamicPixelTuning Technology®
Date: 29th January, 2024
Time: 14:30-14:50 PST (20 mins)
Place : Moscone Center, Room 3008 (Level 3 West)

PRODUCTISATION being the ‘key’ word.

I am fascinated about Porotech’s funding , it IS earning revenues but it must be rapidly spending a lot of cash with office and staff expansions. Amazed it hasn’t announced another funding ‘round’, certainly 2024 is the year for Porotech.

I have reiterated the fact that I believe Porotech will become a UNICORN company either in 24 or early 25 but that’s reiterating the CEO’s view expressed in a podcast from Cambridge in late 22 which refuses to allow me to give a link

S

[guildedge] 28/1/2024 21:46

2.250m trade appeared late on Friday. Decent size for a late trade.

We never saw Citigroup or Invesco trades for the 10% go through. Off market trade no doubt. 1.25% IQE's shares sold by Citigroup did not go to Canaccord. Someone else building up shares in background.

IQE has done many partnership RNS to suggest who it is working with. At present I would suggest were still waiting for these to materialise into big orders. They hinted in the TU that some of the GAN orders were starting to come through. I suspect orders in the US will be increasing over 2024. Job adverts too is normally a good sign. Current forcasts this year suggest £146m. So this gives you an idea of what to expect in 2024.

From the TU - Additionally, we made significant progress implementing our diversification strategy, expanding our customer engagement pipeline and securing multiple design wins in GaN Power and MicroLED markets. Our strategic investment in GaN capacity in 2023 is anticipated to unlock further opportunities throughout 2024."'

[crosswires] 26/1/2024 11:32

We have no visibility other than Americo’ large share buy with his own moolah

If we had visibility of it and it was a certainty that IQE would prosper the share price would be MUCH higher. It’s a gamble albeit with more upside than downside

Re 5G rollout, I agree it’s been disappointing. Perhaps for most people 4G is enough, sure major cities have the user base to lap it up but outside of that it could be many years before it’s widely available in many regions

[lord loads of lolly] 26/1/2024 11:06

alotto - the short answer is, you don't.

Until anything's RNS'd, it remains pure speculation. And as we know, there've been countless new dawn promises with IQE, very few of which ever materialised.

So if I were you, I'd screen out any rumours / join the dots nonsense & wait until the facts are there in black & white. That may mean missing out on part of the initial rise, should things prove to be on the up. But it also means you can't lose money, betting on something that may never come to fruition.

[alotto] 26/1/2024 10:43

Crosswires and All

How do we get visibility on prospective order volumes, new customers and revenue. Most I can see is speculation around the technology and potential applications.