Member Info for FattyR

Yes - but they’re very invested and probably don’t have that much more in the tank. I recon the shorters have gambled negatively between 100 and 200 Million psd. Remember they have to borrow the shares to sell them short. Imagine the effect on the share price when they start to buy back. I’m looking forward to tomorrow and hoping for their capitulation and not the capitulation of the private investor.

Esox lol 🌝 - he is a windy and has been known to clear a room.

Go trader - the results were expected. Turnover on a constant currency basis saw growth of 15% for 1st half and they expect much more this half.

This is low volume games being played here. I recon some hedge funds want out and are looking for the capitulation price by selling more. Don’t let them have your shares - I have seen no news to warrant this - if anything the Apple news tomorrow could be good news - remember 90% of all the vcsels are made by Iqe (see their half year results and Nelson statement). Every new Apple device with face recognition in it is good for Iqe. Their only competition Finisar can’t get the recipe right (listen to their conference call last week). Onwards and upwards

My dog sometimes smiles at me.

This is crazy - Apple announcing new phones on Wednesday I’m banking on more good news.

Looks like they are having big problems making vcsels at 6 inch diameter. Talked about changing recipe a few times and internal qualification by end of year and then customers will need to qualify after that. I think this will slip and take much longer. Iqe are the only significant player this year.

Come on Sound.

Could have been written by the shorters. Very one sided and based on regurgitated speculation. I agree with DS and wouldn’t use investor chronicle or ft to wipe up after a good sh.t.

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Taken from today’s rns “It is this leadership which led to a more than doubling of our Photonics revenues in 2017, and established IQE with an estimated market share of over 90% for mass consumer VCSEL production.” posts I think that is clear

Go trader you see what you want to see. I see it differently than you. These results are as expected. Remember that sales are heavily weighted to H2. Iqe is expanding production capacity - not only in Cardiff but at their other sites as well. Iqe do make profits and have done for many years. Iqe also generates a lot of cash that they are spending on increasing capacity, research and development and buying intellectual property. Iqe has a healthy bank balance about 40Million - lots of long term clients coming back fo more. Lots of opportunities - barriers to entry - fantastic forward guidance for growth and lastly loads of shares in need of being bought back from the short brigade. I can see this going up not down. With current growth this share is cheap. We haven’t got to the cash cow part of the story in photonics - that is just beginning. I’m sure I read somewhere that 90% of all vcsels come from Iqe. This is high margin and massive - Apple are going to let us know soon their new line up and commentators are thinking all their phones will now have Face ID wth the vcsel and maybe one for the rear camera as well. It works really well and is beginning to become mainstream. The results are as expected if not a little better than expected and gives me confidence in their forward guidance. If you don’t have to I would not sell and if I could I would buy more. I don’t think there are many opportunities like this. Apple is over one thousand times more valuable than Iqe yet they rely on little old Iqe for one of their unique selling points for their most important product - the iPhonex.

Eye whacking moment. Well put lol

Making good profits and forward guidance is very exciting. Now they are making wafers for vcsels for not only Apple. Growth guidance almost 50% for next 5 years.

Go trader - I hope you are right and that the shorts are increasing their positions and the share price is rising. Just imagine what will happen when they eventually sell. The thing is holding a short position can be very expensive and you can lose more than you have invested. A short squeeze when it starts can cascade out of control where losses can be multiples of what you have invested. Personally I can’t see how the shorts can unwind this without increasing the price markedly. 11% of the shares need to be bought back - that is about 100 Million shares. At the moment less than 5 Million shares are traded a day half of which are sells. So if all the share buys are to close short positions at the present rate it would take 40 trading day or eight weeks. Being long for me is a better bet.

The shorters are not God like - all knowing and all powerful. They make mistakes and often loose lots of money. With IQE sourcing shares to borrow at a reasonable price may be becoming difficult and further the shareholders are beginning to learn and refusing to be the victim. I suspect fewer shareholders are setting stoplosses on this share now. I am happy to wait. Mr Buffet was right when he observed that the market is the perfect platform for distribution of wealth from the impatient to the patient

With Monday a Bank Holiday there is only today and Tuesday to unwind a short position or for that matter on a more positive note buy some shares before the half year results. I’m all in and excited. The way I look at the shorters is they have the ability to change the weather for as long as their capital allows but do they have enough to change the climate. I don’t think so and fully expect Iqe to revert to normal prices when the shorters stop selling down the shares. With Iqe earnings growing at between 20 and 30% and such a positive outlook I think the price could double and still be cheap.

Looking forward to the clarity this should bring together with any news of how the second half is going. I think there will be a recalibration because with a peg of way less than 1 I think this is cheap.

Interesting read - https://www.marketscreener.com/SILEX-SYSTEMS-LTD-6492035/news/Silex-Operational-Update-21-August-2018-27140653/ Looking goid

Come on Sound