Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Started: MasterRSI, 11 Jun 2024 10:36
Last post: wookieemonster, 20 Jun 2024 16:00
Looking good
Because of the sector of course.
I wouldn't call it micro with its market cap tbh.
The sp could languish until we have solid revenue figures, or some ground breaking news. It is a bit of a gamble at the moment.
I wouldn't call it micro with its market cap tbh.
The sp could languish until we have solid revenue figures, or some ground breaking news. It is a bit of a gamble at the moment.
Yes looks like it's going to trade down to 26p before the seller is done, good level to buy back in me thinks. This said, I'm equally happy paying 30p once its back on the front foot!
These micro/small caps are often overly impacted by single buyers/sellers aren't they, sheesh!
Started: TeesExile, 14 Jun 2024 16:43
Last post: TeesExile, 19 Jun 2024 16:32
I don't know- I've been a long term holder too. I first bought around 18p I think. And was thrilled when it reached 52p. Foolishly I added near the top, and am probably underwater overall. IIRC it dropped sharply when the CFO died unexpectedly in a cycling accident and has never yet recovered.
I've been a long time holder, held from around 20p in 2016 and when it hit the heights of 140 i should have sold them. Why are we lagging so much behind other chip makers in the US. The decision by ARM to float in the US instead of FTSE was truly justified with the price nearly tripled since float. Is it the market we are in or just that we are not making the products that are not in demand.
I bought £4k at 27.5 just before the close. I think the selling is (nearly?) done and long term prospects are good
Started: marblepike, 4 Jun 2024 10:17
Last post: Gotrader, 6 Jun 2024 21:08
My point was the fund will hedge either side of a point so they can continue buying or selling. Now they can buy nearly 9m shares without notification to the market. If they bought to 14.9% then if they buy more they have to literally do another RNS a few days later. It's what the other funds did here. Laying markers to their intention.
On moving over 15% they have to declare, no buying from them today so SP down.
Fact they stopped at 15.1% suggest they could buy more. Price still subdued so see what happens.
Looks like it was Lombard Odier topping their holding to just over 15%.
How do you know it was a buy?
Whilst the price might have suggested that, IQE traded lower for most of yesterday and ended the day down, so I'm not totally convinced.
Either way, it didn't do us any great favours!
Started: tiger100, 29 May 2024 22:20
Last post: tiger100, 29 May 2024 22:20
In my view, there are going to be an increasing number of new chips being developed in this field which should present opportunities to expand business here.
Started: BaronGreenback, 17 May 2024 15:35
Last post: BaronGreenback, 23 May 2024 15:41
Plenty of buys going on today, outpacing sells anyway.
US stock market awaiting Nvidia AI chip results ?
I’ve no doubt progress is being made on Micro LED but major mass production (of the type of volume that would earn IQE major revenue streams) is some years away. Happy to see the steady climb up.
Thats a good watch, makes some sense. Just researched the US chips Act. Thanks. Im mainly just happy im not the only one still here !!
Yes, this could be helping. Something is driving this price.
Started: UltraInvestor, 15 May 2024 07:23
Last post: tesa, 16 May 2024 16:21
Not to be trusted, as is not a long term holder on any of the stakes he takes. Is good on the way up for shareholders.
Major shareholders page has been updated. Looks like Citi Group are under 3% now and Richard Griffith likely the buyer.
Janus Henderson up to 4% too.
htTps://www.iqep.com/investors/major-shareholders/
Yes, he has increased from 7.56% to 8.21%.
The 8.21% includes 1.04% voting rights through financial instruments.
Or has he increased to 8.21% ? Totally confused .Why do they make it so difficult to be accountable
Nope, CFDs. Complex
IQE 31.9p
Richard Griffiths #TR1 8.21% (up
0.65%) =6.3m
Started: Brighty1, 10 Apr 2024 11:09
Last post: Mekas, 14 May 2024 18:20
Can’t get too excited, managed to sell at break even today to pay for wife’s car. Still believe in company long term, could see me rebuying at some point
Very quiet on this BB after today's move up.
Chip stocks were big losers Wednesday. Blame disappointing results and guidance from semiconductor-equipment giant ASML (ASML), as well as caution ahead of Taiwan Semi's results.
AI chipmakers Nvidia, Broadcom (AVGO) and Arm Holdings (ARM) suffered significant to sharp losses Wednesday. As for chip-gear makers, ASML stock gapped lower, while Applied Materials (AMAT), Lam Research (LRCX), KLA Corp. (KLAC) broke key levels.
Why "get in"???
tech plays are notoriously volatile
It’s a tech stock get in or go away
Started: wiltshireman, 3 May 2024 11:27
Last post: tesa, 10 May 2024 00:10
All goes well this days, as the share price is moving ahead
Just another dot.com boom. I think so but wish I had joined the band wagon early before it tips over. I did dabble with IQE many years ago but pulled out because the company never seemed to live up to the promise. I see this as a repeat along with all the other chip makers. Perhaps I might catch it on the second time around with any luck
Started: jollyspeculator, 15 Apr 2024 15:12
Last post: jollyspeculator, 18 Apr 2024 11:32
So where to buy back?
40% retrace?
Expect a dip below 30p on profit taking
Started: wiltshireman, 15 Apr 2024 15:12
Last post: wiltshireman, 15 Apr 2024 15:12
Is IQE meteoric rise as far as I can perceive based on zilch it has to be a lemming run
Started: Stoater, 15 Apr 2024 14:30
Last post: Stoater, 15 Apr 2024 14:30
I was expecting an opinion from you over the few days, hopefully you will a bit more upbeat now that this current prise rise seems to be holding.
I hope I don’t give it the kiss of death lol
Started: wiltshireman, 11 Apr 2024 13:56
Last post: lordloadsoflolly, 12 Apr 2024 08:12
Vrunk - you’ve posted on the wrong board. IQE has never paid a dividend.
IQE’s capability to lose huge sums of money on producing ‘world leading’ products is second to none. Ceasing operations, mothballing machinery and equipment, and hey presto.. Losses will be Reduced. IMHO.
What a shame he had to bend the knee to the E S G. I shall take the divi and probably move on
Here's a link to the earnings call transcript from yesterday. Perhaps this will fill in a few more gaps than the RNS.
I'd suggest that the buying is from investors looking out 12-18 months rather than the results of the last 12-18 months.
https://seekingalpha.com/article/4683121-iqe-plc-iqepf-q4-2023-earnings-call-transcript
Fact remains IQE is heavily loss-making - and is projected to remain so this year.
I think things will improve within the next year, but a lot of that is now already priced in.
Started: mick-b, 12 Apr 2024 07:45
Last post: mick-b, 12 Apr 2024 07:45
Paul’s opinion - I’ve followed IQE for years, and it’s always disappointed, but seemed to hold out the potential for great things in future, which fail to happen. Profits seemed to collapse in 2018-19, which suggests to me competitors have eaten its lunch since then.
It doesn’t seem to have any pricing power, or competitive advantage, but needs to spend continuously on heavy capex to make products that it doesn’t seem to be able to sell in sufficient quantity or margin to generate any cash overall. That’s why it doesn’t pay dividends.
It’s difficult to see why this company exists. Of course I have no idea what the future holds, but why IQE is valued at £274m, given its lamentable track record, eludes me. Maybe performance might improve in future? We're not predicting the future here remember, just reporting on the facts & figures as of today.
https://app.stockopedia.com/content/small-cap-value-report-fri-12-april-2024-epwn-chh-iqe-fum-994541?order=createdAt&sort=desc&mode=threaded
Started: Fishysaurus, 11 Apr 2024 13:21
Last post: Fishysaurus, 11 Apr 2024 13:21
I thought the results were OK but nothing significantly more. For me it is a surprise that the volume and SP have been so strong the last couple of days.
Is someone building a position in IQE? as I can't see too much else for a sustained rise?
Thoughts?
Last post: Alwaysone, 10 Apr 2024 13:54
I thnk it's a sell from here, let's see if it can hold.
Would need a multiple of current sp to b/e in my main portfolio but did take a leveraged leap in the teens and that hit my 26p target today for a very welcome payout. Might put some of that back to average down on the next dip.
I see since last look they fell all the way to 13.64p end of October 2023 .
Wonder if anyone here topped up then .
Are AIM shares shorted , below a level that is not reported ?
They then went back to this 25p level by the year end .
A yo yo since then.
A low spread today 0.8%.
What a casino AIM is .
Racketeering comes to mind , after watching the film Molly in the background last night.
27% Day rise to 25p.
2 RNS's results and partnership
Forgot I had these when when I saw top of the day table.
Nearly back to my last top up price .
13 months of interest lost on that idea.
Portfolio losses are improving of late maybe AIM will see a better year .
ripley94 - methinks you've missed my point. Which is that being third on the table of one week risers (up 7.91%) is little consolation to anyone who's held for more than two weeks. IQE closed on 8 March at 46.75p. Today it's hovering around 27p. That's a drop of over 40%.
Started: Qd22, 10 Apr 2024 11:59
Last post: Trouts, 10 Apr 2024 12:56
Lol! You're not allowed to say ar.senide!!!
.... where these wafers will really end up.
"as part of its strategic partnership, iqe will supply awsc with gallium ****nide ("gaas") wafers for the manufacture of smartphone power amplifier devices to be supplied to its key customer lansus, the chinese rf technology supplier. this will supply tier one china-based oems in the android ecosystem, in a market which is expected to return to growth following a period of inventory build-up."
A great turn around. CEO has had the opportunity to push through the hand he was dealt alongside horrible market conditions and now has the chance to shine. A multi bag opportunity from lows is in play if momentum continues.
Taken from Adfn
Before the RNS I thought 3 possible scenarios. Good, middling and poor. when I read the RNS I thought low end of middling.
On reflection many good points;
Reduced workforce
Cash stable
Market recovering
The subsequent RNS detailing contract with AWSC is also very positive
Share price indicates the market thinks "good". A pleasant surprise for the first time in a long time. Maybe Dave Sweeney's chat with Americo was correct sign after all.
Ed1Mil you have no idea what you are talking about...
K i am finished here :)
Chart?! What the chart has to do with the performance and strategy of the business?
Started: Buzle1, 4 Apr 2024 21:12
Last post: lordloadsoflolly, 6 Apr 2024 10:42
We already know the results aren’t going to be good, with yet another loss-making year.
The only thing that’ll drive the share price next Wednesday will be the outlook statement. And it’ll need firm new order numbers if our fortunes are to improve. Not the usual vague jam tomorrow promises, which never materialise.
Hopefully on a good final results next week fingers crossed
Strong close the day for some reason.
Mustn't go any lower or this is in trouble.
That's put an end to the speculation of results date. let's see if things improve with the share price.
Started: Alessandro, 11 Mar 2024 10:52
Last post: Gotrader, 3 Apr 2024 16:08
Results 10th April.
Iqe are based in north of island. Likely not affected.
I thought the mishap in Taiwan (earthquake) would have impacted the chip and semiconductor stocks but it doesn't seem to be the case.
Correction Canaccord were selling.
Sadly shorters in background still. Canaccord can only buy up so many shares. Small volumes makes shorting easier.
Started: MasterRSI, 1 Mar 2024 11:27
Last post: winnings1, 7 Mar 2024 08:01
Jolly - Take your snout to BXP. likely to be more fulfilling. IQE will struggle to ever make a decent profit,
I cannot see why they don't raise prices to ensure a decent profit margin. Should be possible for a 'worldleader'.
Price lowered so funds can swap shares. Then price back to 24p market value IQE suggested before the share issue. See if Citigroup hold the share now. Not expecting a TU in March. Last year should of been a one off.
My snout is whetted
Snouts in he trough comes to mind.
He Jolly, I see you are here, and as elsewhere ...tryng to talk the share price down... .before dipping your snout in the trough?
Strange price action today …,
Started: GrowthmanPO, 16 Feb 2024 09:40
Last post: Gotrader, 1 Mar 2024 15:20
As expected the SP has dropped allowing Citigroup ? to clear? 25m is about 2.5% of shares. Of course we know Richard Griffiths has a lot of loaned out shares too. Not ruling that out. See what RNS follows on Monday. My gut was Citigroup bought the shares to sell on as Invesco wanted out.
If this is about the AMS news then SP will stay at 20-21p. Otherwise I expect the funds backing IQE to buy up shares at this price.
Gotrader - will you EVER give up on your endless speculation about which fund's sold to which other fund?
All so utterly meaningless. Bottom line is the only thing worth focusing on with IQE is - er - the bottom line.
FT site has Citigroup at 4.15% as of 9th Feb 2024. Which is much lower than the RNS a few days earlier. I always think funds postion the % so it's always just above or below where they next want to move. Maybe they will sell out completely. My guess if they would want to go below 3% in one move if they are selling up. Which could also explain slight drop in the SP here. I do wonder who has been mopping up the Citigroup and the small sale of Canaccord shares? Perhaps multiple funds taking on some risk here.
GrowthmanPO - yes that's certainly been the pattern here in recent years.
I doubt it'll be any different this time and only expect growth to start building in the second half of 2024 at the earliest (if then/ever!)
All the posters writing excitedly about the recent small uptrend should perhaps remind themselves that this time last year the share price was double what it is now. That said, I do expect significantly better times lie ahead. Just not quite yet.
Interesting to look back and see how the SP improves coming into a results announcement, only for it to fall back heavily once released. Always tempting into selling into results, with the intention of buying back at a lower price, but never do!
Will we get the same again this year? Results expected May.
Started: jollyspeculator, 1 Mar 2024 15:10
Last post: jollyspeculator, 1 Mar 2024 15:10
At multiple timeframes
still not had the sub 20p opportunity, but, given absurd volatility....
Started: jollyspeculator, 29 Feb 2024 12:28
Last post: Gotrader, 29 Feb 2024 16:38
Looks like the fall is related to AMS. Have Apple ditched a major project?
https://bnnbreaking.com/finance-nav/stock-markets/ams-osram-shares-tumble-45-after-apple-allegedly-cancels-micro-led-project-impacting-future-plans
Questions around when, and what price worth paying?
I've bought a tiny 10k, and will look to build sub 20p if possible
Started: Hawker, 26 Feb 2024 12:16
Last post: lordloadsoflolly, 26 Feb 2024 16:34
Hawker - I hope you're right to feel bullish, but don't really think you can read anything into their latest update.
To me, it's the usual vague jam tomorrow optimism we've been fed for years.
I'm not saying the mood music won't improve, as I think it probably will. But I doubt there'll be a significant uplift between now & May. More like the back end of 2024 at the earliest IMHO.
Thinks it’s worth re-sharing the CEO’s comments from their recent update on Jan 26th… to your point LoL, it’s all about the bottom line and the comments suggest we should be in for a bullish update in this respect, plenty can happen between now and May when they’re next expected to update the market…
Americo Lemos, Chief Executive Officer of IQE, comments:
“I am pleased our business performance was aligned to guidance despite a challenging macro environment. We returned to growth from H1 to H2 2023 and expect this positive trajectory to continue in 2024. 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.”