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IQE Share Chat (IQE)



Share Price: 68.20Bid: 67.70Ask: 68.50Change: 0.00 (0.00%)No Movement on Iqe
Spread: 0.80Spread as %: 1.18%Open: 73.95High: 0.00Low: 0.00Yesterday’s Close: 68.20


Share Discussion for IQE


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Muscles12
Posts: 56
Opinion:No Opinion
Price:68.20
Sold down the river
Sat 22:25
Dr drew is now not believed by the markets he’s been found out.
 
Gotrader
Posts: 1,384
Opinion:No Opinion
Price:68.20
Funding for research
Sat 16:51
https://www.iqep.com/media/2019/03/ambitious-plans-for-the-world%E2%80%99s-first-compound-semiconductor-cluster-awarded-seed-funding/

'Each of the shortlisted projects from the first wave of UK Research and Innovation’s Strength in Places Fund has been awarded up to £50k in early-stage funding, which will allow applicants to develop full-stage bids. Teams behind these projects will then submit these bids to UK Research and Innovation in late 2019, with four to eight of the strongest set to receive between £10m and £50m each to carry out projects designed to drive substantial economic growth.'

So they could get 10-50m in cash from the government?

In terms of SP. The short website was not updated on Friday. It looks like 2 brokers have reduced SP target. 70p and 120p. Debt is not a huge issue right now as they have the credit facility. I don't know how much funds they need to set up the current facilities over next 12-24 month. If they can match their prfot forcares some debt should be acceptable if they are making money.

Is current SP fall due to new shorts under 0.5% or funds just getting out. Sadly we can't see those below 0.5%. I think the major shareholder here is likely still buying. They were happily buying at prices 10-15p above this. Maybe even arranged?

This is the issue with IQE. It's become a day trading share. You buy at the low points and sell at 20p higher before the next fall. Could be H2 before we see some real pressure on price here.
bandit1
Posts: 684
Opinion:No Opinion
Price:68.20
Disappointing
Fri 22:37
I have been invested on and off in IQE for the last 2 years. I sold out around 6 months ago as the short funds started to drive the price down and the company appeared to have almost nothing to say in terms of positive PR outside of regular financial updates. This is an ongoing concern and the replacement CFO has not yet had a chance as yet to exert any real influence in terms of pro-active investor relations. Highly skilled technicians have created valuable IP but quoted companies also need need commercially astute executives to promote the company and its opportunities to existing and prospective investors. The recent financials were poor IMO and as others have highlighted, cash burn is quite high which will put pressure on the company across the year. I have always considered that IQE will be acquired for its IP as was ARM, some years ago and I hope this happens as shareholders will see some form of price recovery from the lowly levels that we see now. Sadly, I see further weakness in the price in coming weeks which will only make it more attractive for takeover. I will remain on the sidelines until I feel that the company place a greater emphasis on promoting the company, highlighting its potential and reassuring investors about future opportunities.
muzzletoff
Posts: 47
Opinion:No Opinion
Price:67.85
I am out
Fri 16:25
There may be good times down the road in a few years, but the immediate future is looking like a bit of a slog.

Of course, my decision may be the inflexion point for an upward rally, but a bit tired of the number of headwinds IQE seems to suffer.
squadraazzura
Posts: 8
Opinion:Hold
Price:70.45
DB is a joke !
Fri 13:22
Take any stock and check the history of the "analyst ratings" since they started covering the stock and we can clearly see how many times they got it right.
So the price is basically a function of sentiments, events and progress of the company in successfully implementing its plans. all the rest, whether coming from DB, Jesus Christ, Budha or Muhammad, it doesn't mean anything to me.
Gotrader
Posts: 1,384
Opinion:No Opinion
Price:70.45
Deutsche Bank
Fri 13:14
Deutsche Bank have reduced target from 80p to 70p. Not unsurprising. These broker rating have been falling for a while now. No news on shorts last 2 days. See what if any holding RNS arrive.

Selling at 90p+ was a good move. We knew the results were poor. Your buying back in at broker rating price. Holding above 70p for now and volumes greatly reduced today.
TLWilliams.
Posts: 1,686
Opinion:Buy
Price:72.60
RE: happy with the results today
Fri 06:06
Having resolutely held my IQE stock through several rises (and falls), I finally have way and sold everything for a good profit in the low 90s. I thought that I had made a grave error when the share price continued to rise, but was reasonably satisfied with my lot and had a buy back price of 73p ( the recent valuation ) in mind. Too date, I have bought back half my original holding @ 73.2p average, and will now see what happens before making my next move.
Having carefully read the recent statement, I am reasonably satisfied, although my request to IQE would be for fewer RNS which read like University research papers, and more about contract wins with their projected revenues and profits. There may be further twists in this particular tale as there have been more than enough since I have been invested. Personally, I think that the company is primed for a takeover bid, but may be totally wrong.

As ever my very best wishes to all IQE investors. Thankfully there are no pointless remarks from short-term sellers on LSE although one or two have emerged on the advfn board.
Basscadet
Posts: 296
Opinion:No Opinion
Price:73.95
RE: happy with the results today
Thu 07:48
I've finally had time to read the results in detail.

While I'm surprised that they are slightly worse than laid out in the last update (hopefully due to kitchen sinking) I remain excited by the technology. Importantly, the view laid out in the report is backed up by the constant drumbeat of product launches and previews from the wider markets for all IQE's key technologies.

Combine with, "Site rationalisation, increased production capacity and new products will deliver margin expansion, growing profitability and increasing free cash flow in 2019 and beyond," And we'll hopefully see a transformation of IQE's finances by the end of 2019.

Also interesting that the results were achieved with the same capacity as 2017. So none of the investment in restructuring and capacity build is showing on the bottom line yet.

The biggest worry for me is - committed 40M CAPEX and slow 1H 2019 vs. 20M cash and 35M finance facility. This doesn't rule out fund raising of some kind in my mind. Could be tight to get through H1 without needing more cash. 1H could have lots of positive news flow to keep us excited though if the company decides to announce customer qualification in Newport and plant restructuring completions.

There's lots of room in these results for spin and manipulation. I'm therefore surprised the SP didn't dip further. Was ready to buy a few more in the 60s expecting it would settle a bit higher later on. Didn't happen though. I suppose all this was baked in due to Apple and supply chain announcements over the last few months. The recent rise gave it some room to pull back. Overall it seems like a fairly neutral reaction.
a11gar
Posts: 81
Opinion:No Opinion
Price:73.95
RE: happy with the results today
Thu 00:04
zed44 well that's the nature of the game buy low sell high
1NTX
Posts: 1,425
Opinion:No Opinion
Price:73.95
Results
Wed 22:07
What counts is what was told to the analysts early this morning ! It is completely wrong that analysts should have preferential treatment to ordinary shareholders ! Sadly that is the way that it is ! Nevertheless, the sp seems to have held up quite well, despite all the news today ! Apparently Mr Corbyn walked out of talks, cos Chuka was present ! Says it all, if it is true ! I think the best thing to do is to go for No deal Brexit and then the Executive will be back in control to negotiate deals with whomever ! The DUP and EIRE might be disappointed at the result ! That's the trouble about being greedy ! Nevertheless I am saddened that we are leaving the EU !
zed44
Posts: 1,359
Opinion:No Opinion
Price:73.95
RE: happy with the results today
Wed 17:27
a11gar you fill your boots many times over then perhaps the SP may rise.
a11gar
Posts: 81
Opinion:Strong Buy
Price:73.95
happy with the results today
Wed 16:57
to be fair I was thinking the shares would of been a lot less but again happy with the share price at 75.85 and happy with the years results this is the time to fill your boots on and upwards
Gotrader
Posts: 1,384
Opinion:No Opinion
Price:73.95
RE: FULL YR RESULTS HERE
Wed 16:54
UT price was 73.95p, So down 11% or so on day. Brutal but not unexpected. News for 2019 needed to be much more upbeat.
Gotrader
Posts: 1,384
Opinion:No Opinion
Price:73.95
RE: FULL YR RESULTS HERE
Wed 16:52
There is 1.7m volume on Nexexchange. Which is IQE secondary market.
HL shows trade for day at 8.23m. So at least 10m volume for the day.

A lot of these trades are automated trades. Meaning funds are buying/selling batches of shares each minute at small volumes. This is why you get 4 trades at one time stamp.

So this is why you have a lot of trades for 200-3000+ shares. Wonder how many are actually from private investors? This is my issue with IQE. Always someone else selling. Will Oppenheimer reach 20% soon? They need another 7.7m shares for 19%.
zed44
Posts: 1,359
Opinion:No Opinion
Price:73.95
FullYr Results
Wed 16:42
Same old, same old jam tomorrow tale.
mydog
Posts: 24
Opinion:No Opinion
Price:74.95
RE: FULL YR RESULTS HERE
Wed 15:49
Now all this in the open I do hope some of the board will start to show some faith, start buying up some shares - the volumes look high however that's just an ave 3400 shares per trade!!
Gotrader
Posts: 1,384
Opinion:No Opinion
Price:75.10
RE: FULL YR RESULTS HERE
Wed 15:14
Worth reading some of those IQE news articles on here. Appears Peel Hunt has reduced it's targets and IQE suggesting.

'* Core profit falls below its forecast in January
* Sees weak profit and revenues in H1 2019
* 2019 forecast "prudently soft" - Peel Hunt analysts
* Shares down 9 pct (Adds details on outlook, background)'

Hmmm that does not sound so good.

https://www.proactiveinvestors.co.uk/companies/news/216840/iqe-slides-as-2018-earnings-miss-forecasts-despite-previous-downgrade-216840.html

EBIDTA 0.9M lower than they predicted in January.

https://www.ii.co.uk/analysis-commentary/will-5g-give-iqe-new-lease-life-ii507922

Worth reading around.
mick-b
Posts: 8,054
Opinion:No Opinion
Price:78.00
RE: FULL YR RESULTS HERE
Wed 12:41
Still a good post with interesting views
Gotrader
Posts: 1,384
Opinion:No Opinion
Price:78.50
RE: FULL YR RESULTS HERE
Wed 12:39
Got a bit carried away. Meant COO.
mick-b
Posts: 8,054
Opinion:No Opinion
Price:78.00
RE: FULL YR RESULTS HERE
Wed 12:38
It'a a new COO GOTRADER
Wish we did have a new CEO
Gotrader
Posts: 1,384
Opinion:No Opinion
Price:76.15
RE: FULL YR RESULTS HERE
Wed 11:29
This is hardly news. We knew the results were going to be poor. They do seem to of had a few issues during 2018. Including the major impact of Apple's reduced demand. Some facilities not operating 24/7 too. Lot of waste in places.

I personally think 2019 should easily improve on these figures. The question is can they learn from their mistakes? Hopefully new CEO will help here. Will he be buying any shares soon?

Oppenheimer must know what it is doing buying in heavily at 80-90p+. They must see something here. The shorters also jumped in at 90P+. The share is being kept in check by the market.

The research I posted a few months back gave a value of 74p. Which is where the share is now.

Do they still expect to meet 2019 targets?
dewilliams
Posts: 92
Opinion:No Opinion
Price:76.25
RE: FULL YR RESULTS HERE
Wed 11:24
I will add that today's losses will bounce back over a week or so.
dewilliams
Posts: 92
Opinion:Hold
Price:76.90
RE: FULL YR RESULTS HERE
Wed 11:21
I don't think we have to panic here. As another poster said, most of the "news" of the report has already been built into the price. What interests me is the poor judgements re: operations. IQE is writing off $4m on a bad lease in Singapore, and it has had to restructure its US operations, particularly in New Jersey. Oddly, the death of its financial director was one of its key financial contributors last year owing, presumably, to key man insurance. IQE should benefit from the deal it struck with the Welsh government of its new leased building It does need to keep operation costs down to help contribute to profit in a very competitive sector.
the_naked_truth8
Posts: 877
Opinion:Strong Sell
Price:76.45
RE: FULL YR RESULTS HERE
Wed 11:13
this is going to 50p!!!!

shorters will be all over this, last year this was one of the most shorted companies, and after today results there will be no mercy from them.

https://shorttracker.co.uk/company/GB0009619924/

At the moment it shows 8.2% but that will change :(
Ajok
Posts: 695
Opinion:No Opinion
Price:75.85
Loan
Wed 11:00
They have a 35 mil loan facing didn’t the raise 70 mil not long ago,Their burning through some money,On the results as expected shite,My own fault I should have bailed when it hit 98P the other week with a small 5 k profit .Instead I’m sitting on a 34 k loss




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