RE: LSE Info13 Jul 2021 19:05
Gotrader
Got in quite big mid 30s took a good ride and topped up again at 70+ and 90+, had a few at £1.22 all was still looking good into the high £1.50 - £1.86 i think was the highest.
I sold around 40k at £1.30 but left 10s of thousands in.
Held great hopes for what is and still is a great product to be invested into, unfortunately i took a few weeks away out in Dubai, both myself and the wife left our phones at home- for a good getaway- no limit orders set,(my fault) on my return it had dropped 40+ p , as we do, we give it time to recover some. That recovery never did come, Im now holding with an average of 93p with a minus K next to it.
Ive had some great fun day trading during the period.
Its not so much the loss, Thats the game, ive made enough here and more importantly elsewhere, what gets me is the lack of any info coming from senior management.
During the previous share holder meeting in Cardiff that i attended and subsequent factory tours, They clearly acknowledged that news flow could be improved and the would take onboard the many complained received by sitting PIs.
I live just a few miles from the facility and had several visits during and after the build process, all looking good and prepped for future expansion,
But here my gripe;- The worlds leading suppliers of materials used in the chips manufacture and other products they supply or have rights too.
Not a bean to be shown as profits, SP falling off a cliff, Senior management are taking huge bonuses and allocation of shares, Ive never been rewarded for no improvements, And what do we get in return- Jack sh-t , not a snip bit, nothing.
Drew seems to have got involved in the Newport foundry / Nexperia takeover.
Who's steering the ship.
I still see IQE with a great future in front of it, but some major changes need to happen or better still, a offer from one of the main players to shake thing up some.
I'm still holding far to many now for my liking as things currently stand.
Hope your portfolio is better.
TRMR has done superb over the last few months to also cover any loss with IQE, You pay you money and take your chance- I'm certainly looking at anybody bar-myself- Jam tomorrow you know!!!!!
ATVB
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