Member Info for Farruggia1967

Half year trading updates, Do try to keep up old chap:-)

Regards Best of luck to all, filled my boots.

Was just watching Tony Robinson’s new programme on More4 “ Hidden Briton By Drone” and they flew above a Aircraft breaks yard in the Cotswolds called ASI -aircraft salvage international, and our aircraft is there being broken up for spares.
So I took a further look on Goggle, there it was , parked up awaiting it’s death,

What a waste of my money and yours !!!!

Uphigher, the release date is 29th so not long now.

Regards

Only 763 transactions today with 1.5 million shares traded, this is by far one of the quietest days in IQE over the last year or so.

PI’s sitting on they’re hands, waiting and watching for anything that will kick start these shares, not long now for the update, I suspect we’ll get another 10-15p spike just before the release of figures as it always seems to do.

ATVB

Gotrader

Catapult and IQE go hand in glove, catapult are actually based within the new IQE facility in Newport , they will stand shoulder to shoulder working side by side, all this new investment going into one state of the art facility really confirms our governments commitment to ensure we will be the world leader in providing our products and know how to an ever increasing market,.
We have reinvented the wheel here, we just need to ensure we can meet demand, the new facility is going well.

ATVB

Error should have read traded not sold !,,,

Just short of 1.2M share sold within 430+ transactions, that an average 4 million short on a typical day.

Marksman

Very sorry to here your not firing on all cylinders so to speak, you did touch on that back last year, I wish you all the very best of health and luck going forward.

it seems the shorters have got IQE by the short and curlies at this moment in time but they cannot control the innevertable rise which will eventually come, saying all that, making a living with trading the daily highs and lows for now!!!!!

The stock I told you about was Creo Medical, if I recall it was around .57p at the time.

I wish you all the best of health my friend .

Kind Regards

Hi mate, hope your keeping well, not sure if you ever invested in that tip I gave you back late last year but they have increased by 150% since I told you, up 8% today alone!!!!!!

Sorry if it doesn’t concern you,
If you can’t remember contact me on IQE , that goes on all here also,

REGARDS

Error, £1.46 , never mind , that only equates to a few 10s of millions, the board don’t seem to mind!!!!

Well, we have just over 1.54 billion shares issued, £1.49 down to £0.89 or minus .57p Per share equates to around £877 million wiped off our value and not a dicky bird from the board, mmm surely they could or even should say something to calm this free fall.

Best of luck to all.

The capacity expansion at our new Newport, South Wales, UK, facility is proceeding according to plan. The first five reactors, which will be qualified for Photonics, are now installed and are at various stages of acceptance testing, commissioning and qualification. Initial results on quality and reactor performance remains very encouraging. A further five reactors will be delivered in H2, with acceptance testing, commissioning and qualification expected to commence immediately after delivery. Phase one of the build out at the Newport facility will provide 20 fully serviced reactor bays, which are expected to be fully operational during H1 2019. Further reactors are planned to be installed through the remainder of 2019.

The Group continues to trade in line with current market expectations; the previous guidance provided in the June AGM statement for a 40:60 H1:H2 2018 revenue split remaining unchanged, accompanied by a shift back from Wireless to Photonics, which has already commenced during June 2018.

Notice of Results

The Group now expects to report its half-year results for 2018 on 29thAugust 2018, having decided to bring forward this date from the previously announced 5thSeptember, due to a number of conflicting events.

Dr Drew Nelson, Chief Executive of IQE, said:

“Our highly successful H2 2017 ramp of 6 inch VCSEL production for a major customer has established IQE as the go-to materials solution provider for this technology. It is widely recognised that with more than 25 years’ experience of working with VCSELs and a clear, visible, commitment to world leading manufacturing capacity on two continents, we are and will remain the premier preferred manufacturer of these materials. H1 2018 has seen a very significant increase in the number and extent of our engagements with VCSEL chip customers. We are now engaged with over 20 VCSEL chip manufacturers in Asia, North America and Europe on qualifications for mobile, sensing, automotive and datacom applications. We are already fully qualified and in mass production with six of these companies and in final qualification stages with an additional six more. Furthermore, as detailed in our announcement of 9 July 2018, we reached a production milestone for our NIL technology which demonstrates our ability to bring to market some of the leading materials solutions that we have been showcasing and sampling to our customers. We have significant engagements for our other core technologies, including GaN on Silicon, cREO and QPC, and these are proceeding as planned. The H2 2018 ramp for Photonics has already started and we look forward to the rest of 2018 and in particular the further ramp up which is expected in 2019, with considerable anticipation.”



The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is n

H1 2018 Post-close Trading Update and notice of results
24 July 2018
Very significant expansion of VCSEL engagements and successful replenishment of wireless inventory

Cardiff, UK. 24th July 2018: IQE plc (AIM: IQE; "IQE", the “Company” or the "Group"), the leading global supplier of advanced wafer products and wafer services to the semiconductor industry, provides a trading statement for the six months ended 30 June 2018.

The Group announces that it expects to deliver revenues of approximately £73m for the first half of 2018 (H1 2017: £70m), which was achieved against a currency headwind of 9.5%, reflecting strong double-digit sales growth on a constant currency basis in each of its three primary markets.

The Wireless segment has shown strong growth of nearly 11% on a constant currency basis, when comparing it with H1 2017, as the Group delivered on its intention to replenish wireless inventory channels following the capacity allocation made to VCSEL production in H2 2017. The Wireless segment remains in a strong position and as described in the additional announcement made today, has been underpinned by the renewal of the supply agreement with our largest customer. This contract has been extended for a further 15 months’ supply in addition to expanding to cover a wider range of products and increased share of the customer’s epiwafer requirements to IQE. As a consequence of this extended agreement, together with additional qualifications recently completed with other Wireless customers, the Board has approved a Wireless expansion programme for our plant in Hsinchu, Taiwan with the aim of increasing Wireless capacity there by more than 40% in 2019. This will have two benefits; (i) delivering further production efficiencies and capacity improvements in the US for Photonics materials, and (ii) eliminating cost inefficiencies incurred in converting and re-converting reactors between the two materials systems.

The Photonics segment is expected to deliver significant growth of 30% on a constant currency basis for the first six months of the year, when compared with H1 2017. Revenue from our largest Photonics customer was broadly flat when compared with H1 2017, as the supply chain absorbed inventory following a very successful and steep production ramp up for VCSELs relating to a 3D sensing application in H2 2017. Excluding revenue from this customer, underlying Photonics revenues are up approximately 40% on a constant currency basis when compared with H1 2017. This is a clear demonstration of the traction the Company is experiencing across a number of VCSEL chip manufacturers, who took advantage of capacity availability to embark on a significant number of production qualifications, in addition to growth in other parts of our Photonics business.

The Infrared segment also delivered growth of approximately 11% on a constant currency basis, when compared with H1 2017 and is expected to show further strong growth in H2.

The capa

By the short and curlies,

It’s crazy really, just considering they make large sums of cash shorting some of they’re shares, would they make much more by allowing it to rise to the great heights previously seen.?

After all they keep hold of more than they lend out.

Zed44

Of course, how stupid am I :-). I thought it didn’t move at 3pm as expected........

Only 1.4 million shares traded so far today, this usually reaches around 3.5 -4.5 million by this time of the day, and at these prices I would have thought an idea opportunity for the shorters to buy back unless that is they will drive it down further.?

Let’s see where it goes at 3pm when the yanks join the game!!!!!

Fingers crossed it goes north.

Don’t bank on that my friend .

Let’s all keep our fingers crossed they struggle to buy back and get shafted.

We’ll roll on 3pm

Me x5 now 1.3m