Member Info for FattyR

It’s got to blow soon. I’m feeling the pressure - as time ticks by. What I like about Iqe is it alway zooms ahead while I’m on holiday. I was in at 16 pence a couple of years ago and it was about now when it started to rise - sun, sailing and a rising share price and sangria are the best. Good luck to all except the shorters

World quant increased short by .07% disclosed on 31 July which represents a sale of about 6 Million shares - with the low volumes traded at the moment that has gout to have pushed the share price down a bit

Market cap reached 1,000,000,000,000 us$. Iqe has a market cap of just about 1,000,000,000 us$ that is one tenth of one percent of apples. Perhaps the fact that one of apples unique selling points is the face recognition gizmo that relies on Iqe stuff we should be excited too. I think the tide of positive news bodes well for the future.

I have often sold shares just as they get going - only to miss out on their rise. So if this flys hold on to get the rise.

Best thing you have said

Interesting article may have a resonance here https://seekingalpha.com/instablog/2918951-g-hudson/1026551-how-the-big-players-manipulate-the-stock-market

It’s still not on rns tab on the lse site I use. More’s the point Goldman have increased their holding from 1.24% to 6.6% - almost all of which has been lent to someone . PresumBly to sell and create a short position . Goldman will be the winner - and in the end so will we. In the meantime we have to put up with the effect of all those sales - 5% is roughly 50Million shares - all the sales over a three week period (on average) so must have a devastating effect on share price.

Good news - but not an rns that lse can be bothered to display in a timely manner or for that matter at all

The problem with lse is all the data fields are either filled with blanks, wrong or out of date information. Even the basics like profit and loss or balance sheet or 5 year comparables are just not there. It’s just lazy

The trading statement was issued as an rns - at least Iqe thought so http://www.iqep.com/investors/regulatory-news/

Each to his own - happy to be spoon fed rns statements as it saves time. If you have a tab that says rns’s then I hope to find them - not just a random selection. Seadoc - I get level 2 data from lse and I can see most trades as they happen yet when I see a big buy going through (I understand it might not be a buy but lse has defined it as a buy) then you expect it to be added to the cumulative buys on the same site - if only for consistency.

Further the normal market size is not 2.5% of average daily trades as that would make the nms for iqe to be of the order of 150,000 shares - I know it to be about 15,000 - so I recon nms is 0.25%

Thanks Seadoc. I did say best guess as to the split between buy and sell - but cumulative total bar the delayed reports would’ve been good. The 1 Million trade I mentioned earlier was in blue was higher that the high low given by lse yet was not included in the cumulative buy. I know that because the total buys at the time was less than 300,000. It’s good to know what’s going on as it informs my decisions. Lse seem to wake up slowly - a lot of their data during the 1st hour doesn’t make sense and then seems to be out for the rest of the day.
What is your take on lse’s rns feed. I’m not sure even the trading update is on there.

The volume data both cumulative and split into buy and sell is now almost meaningless. This morning there was one notable trade which was an obvious buy because it was at a high price at the time and it was for more than a 1M shares. Even now the total buys according to Lse is less than a million. ?? Recently I have started to use a different rns service as lse only sometimes and usually late put these notices up. What am I paying for? Does anyone have a recommendation - I require accurate cumulative share trades and best guess to split between. Buy and sell. Prompt accurate rns service and level 2 data. Thanks

That uses Face ID on iphone to access. Saw advert at cinema - looks like it’s going mainstream.

https://www.laserfocusworld.com/articles/2018/07/yole-says-apple-3d-sensing-strategy-is-pushing-vcsel-growth.html
And
https://www.fool.co.uk/investing/2018/07/27/is-the-iqe-share-price-the-bargain-of-the-century/
Both offer a positive outlook. I hope sentiment changes as this drop in share price over the last week doesn’t make sense to me unless it is due to Marsh Wace lending another 10Million shares to be sold down by shorters. I don’t buy the argument that shorters know what they are doing and therefore there is something wrong with Iqe. It’s not the shorters we should be angry with it is the institutions who are prepared to lend their shares. It is cynical as they then buy more shares with the rent at a lower price because the market naturally sinks when there are a lot of sales. I’m looking forward to Monday for a positive week.

Rivaldo you are right. Relentless good news and still the share price falters. Value will win out eventually and then all those short positions will unwind. I look at the massive declared shorts as a positive because they will have to be bought back at some point. They are in bed with the devil and there will be payback. Iqe makes money - has diversified income from many large clients - manufactures across the world - hold ip and has knowhow - is respected and trusted has long term agreements and longer term relationships. Iqe is growing at least by 30% and as Rivaldo has stated has a forward pe of 22 and a peg way less than 1. This share in my opinion should at the moment be worth nearer £2 than £1 and later a lot more. I’m sitting on my hands.

What I like is the broad based success. It’s not just about Apple, it’s much more, and it’s all growing. Particularly pleased with wireless growth and capacity expansion. When will this be reflected in share price?

https://markets.ft.com/data/equities/tearsheet/summary?s=IQEPF:PKC I’ve compared over the last year and expect iqe to jump soon

Does anyone know how that relates to Iqe listed here in London

I agree Goldman have bet on a positive future for iqe. So if the price tumbles the shorters will buy back cheaply and give the less valuable shares back to Goldman. In the mean time Goldman has bought more shares and so are doubly out of pocket. Further Goldman have their hands tied because their shares are lent out and can’t sell them easily as they have to ask for them back before they can sell them - that takes time. On the other hand Goldman will make lots of money if the shares increase in value because they have used the rent to buy extra shares at a price subdued by their own shares being sold by the shorters who have borrowed them in the first place. So as the price goes up and the shorters buy back and their actions push the price higher still then Goldman will make super profits. It’s like Goldman has taken a bet against the shorters. I think this is good news because I’m long and would prefer to be on the same side as Goldman Sax - if only because they have a reputation for making lots of money.