Member Info for Gotrader

Make that 20%. I wasn't aware that H1 last year went that well. These will be pretty bleak results. Albeit this firm has cash in bank.

Last results showed 33m cash in bank. Market cap of 21m. Unless they are predicting losses of millions this makes no sense. They really need to stop doing these EBT. Throwing good money away on a collapsing share price.

Wow he took a clobbering. He seems to have closer to 9.5% of shares. 20M or so. He just took a massive loss. 150-160m. Same for Invesco who who 13% here. Sooner or later Invesco is going to get in trouble. Albeit not invested with IQE. Heavily invested with IP Group.

They are gradually becoming toxic investors to any share where they are invested.

Down from a high of 1500. That is a very lengthy reply from Burford. Those look like considerable director buys. Naturally Muddywaters had a short position but taken up after the big fall. No smoke without fire? IP Group share price has been tanking lately too. 60p now. Only 2 firms above 0.5% shorting Burford. Could be more hidden which is where Muddy Waters made their money. Always new targets for shorters to hit.

I remember a report on IP Group. Claimed Oxford Nanopore was almost worthless. Maybe not true but that share has tanked to 60p. More likely due to Woodford and other issues.

IQE seems to of recovered slightly in last 2 days. Shorts still at least 8.32%.

At some point I would like to see IQE paying a dividend. Too much investment and not enough money being made.

I would suggest IQE failed to view the macro environment on many fronts.
Hit by Apple's reduced orders when Apple's mobile orders declined. Mix of lack of new innovations so people held onto their old phones. That and people unable to afford new phones. China especially. Which led to lower phone prices in many countries and reduced margins. The mobile industry won't recover over night.
Trump trade wars. Huawei was a big hit. Even now it's unclear if there will be tariffs. IQE was caught up in a number of trade wars. Production now has shifted away from US.
Brexit. Another uncertainty affecting investment.
Hype in the early days with talk of revenue growing 40% year on year. Revenue actually declined after the mobile market took a hit. IQE were too reliant on Apple.

IQE suffered from the Welsh factory build. Millions ploughed into this when other facilities could of been expanded or modernised. Not all factories working 24/7. While all the above issues for me makes this decision look worse. Many other companies reducing production. Maybe this is part of the management not understanding business. Many here have suggested they are not business people.

One thing they did do well was secure 90 million form a surging share price. More lucky?

I wouldn't blame the shorters here. They realised IQE was overvalued and merely took advantage of this. They wouldn't be shorting the share unless they viewed it as over valued. It was actually a chance for many here to make money selling at peaks and buying at troughs. Sadly many here just took view IQE was under valued, a takeover would happen and the share could surge further. Sadly never happened. May take 1-2 years for this to happen now.

IQE need to show that things can hugely turnaround here. New orders have to make up for lost orders. Still not sure this has happened yet. If they start showing huge increases in revenue and profits the shorters will soon run away. Shorters smell blood and for this reason they play with the share price as if it was a yoyo. Forcing it up and down as they please. Shaking the tree to make money. Meanwhile funds who are sick of this share sell out.

Least the share was up today on low volumes.

T Rowe Price actually reduced slightly as the overall share is below 17% now. They appear to have had some shares returned.

UT trade 57.85p. So recovered a bit from the low today.

No idea what this 11m share business is about. Looks like NI and other costs are crippling on these shares Dr Nelson has just purchased in April. Just to clarify his shares are not allowed to be loaned out! Everyone else is free to loan out shares betting on the future of this company.

For your sake I hope this happens. For now expect shorters to force this back down to 55p or so. The results on 4th September are the next big event here. Maybe this will also bring a trading update too.

Iwe's job pages shows no actual jobs available right now. Maybe they are doing interviews or and have found a PR person now?

Few people on ADVFN still ploughing thousands in here on a falling share price. Brave! I still believe the big rise here was mainly due to shorters.

Share price creeping lower. JP Morgan increased short by 0.02% on 01/08/2019. Total short 8.32% now.

Rule number 1 never buy on the peaks! With IQE you always get burned.

Too much going on for a takeover. Especially with a brand new facility in Wales which many might not want. Especially with brexit issues ongoing. What price would really be accepted for a takeover? Shorters still believe this is over valued. Maybe IQE would want to wait till they have acheived a turnaround here? So much trade issues going on whose going to blow 0.5bn here? Too much risk?

Seems to be a fund Woodford previously managed who are now selling. Mixed in with Woodford effect. The question of how much are all these privately firms actually worth?
Itaconix - Now 1.75p. Tanked on 02/08/2019. Was at 2.5p.
Ceres Power - Back off it's high to 189p
Tissue Regenix Group 3.5-4p
Diurnal - Back up to 38p.
Modern Water 1.25-2p range today. _ administrators for certain parts of the group? :(
xeros technolog - 9.82p
Applied Graphene Materials 27.5p - Last post on their forum is not good. This was 32p a month ago.
Intelligent Ultrasound - 11p
Mirriad Advertising 15.25p. - Recent £15 million ipo.
Deepmatter group. 3.2p
hVIVO plc - 19p
Avacta Group 28p - up 14% today. Same price as when I last checked.
Actual Experience - 140p.
Circassia - Back up to 19.45p.
Getech Group 26p - Down from 31p in Jan.
IXICO plc - 38.5p Up nearly 50% on year.
Mixed kettle of fish. Some up some down since I last looked. Is this the same for the other firms they are involved in?

On top of that Porta still does not fully own all it's Asian Newgate companies. Guessing shares might have to be issued for these at a later date? It is strange how trades of 10k causes this SP to collapse.

Down to Porta takeover? Their stake in Porta was £3m. Now worth much less.75% less? Even less with this deal. 2-2.5M loss? They have a 1m loan to Porta too. I don't think they ever really had the cash for this deal. Porta Communications are still losing money each year. They will have to pay 500k-1m when it comes to cost savings between the 2 companies.

They are taking on 5-6m debt here at 8%? They still have a lot of other financial commitments. Acquisitions where they have to buy x percent each year. Still don't understand why their accounts are unaudited. Are the accounts legit?

The share price here has lost nearly 66% in over a year. Whole thing could end up going badly wrong on many fronts.

I don't know how the lower share price impacts this deal? At present Sec is valued at just over 5m. They would struggle to raise cash here. Their last cash call only raise 1m or so. Not sure how the market will take to Bob Morton a man who has being blacklisted by the market owning 20-30% of the merged group.

Did you have any thoughts?

Sec was 125p in August 2018. It's down 38% today to 40p. I think were getting 0.88p per share. Why is a company supposedly making 2.6m unaudited profit worth so little? Is this due to the losses they have suffered on Porta? What does this mean for the shares we will be offered? Perhaps like Porta most of these profits are going to third party shareholders.

Are they dropping the price deliberately just before the deal? Can anything now be done to stop this deal?

Yes Coltrane increased their short position on 24th by 0.23% of IQE stock. I don't think these were borrowed from T Rowe Price. The T Rowe Price trades don't match.

They clearly don't rate the news or are simply trying to depress price here.

Looks like T Rowe Price were very busy on the 23rd. So they took back some share and loaned out 2.44% of IQE shares on 23rd. The main shorters here above 0.5% have not changed in 1-2 months now. None of them reduced on those 2xRNS about new contracts. Of course we can't see those below 0.5%. Shorters are heavily still active here.

Classic pump and dump from shorters. Never buy at the peaks as it was shorters who caused the big rise here. Now starting new short positions. Will this go back to 60p or lower? Hmmm.

Wow a wireless RNS and this share soars nearly 26%. This could be a lot of shorters under 0.5% closing. Watch out for the pump and dump here. Be interesting to see what these new qualifications/productions mean for revenue. Also how this offset against reduced customer orders. As ever I am always suspicious but it looks very positive.

https://irsociety.org.uk/careers/job-zone/head-of-investor-relations7
This job was posted on May 31st 2019. (Eagerly trying to fill this role then?)

They have 2 other posts going in Europe and 2 in the US. More production led.

Remember the 140p share price was based on 40% year on year growth. I don't think a contraction in revenue was ever in their briefings.

H1 2019 Results: WEDNESDAY 04 SEPTEMBER 2019. Under 7 weeks away! Gives them some time to find some positive news.

In mean time even at these prices sells outweigh buys. Albeit there is a bit more resistance. 50p is the next target if this is shorters. Seems unlikely at these prices unless they expect SP to crash to 30-40p. If it is a fund selling you can bet T Rowe Price will start buying once they have cleared. Albeit any serious fund would sell in larger volumes?

The impression I get is the 90m cashcall was spread among many funds. Many of these could now be considering their holdings.

Yorkshire energy company acquired in £4m deal
https://www.insidermedia.com/insider/deals/yorkshire-energy-company-acquired-in-4m-deal

Newgate advise John Laing Environmental Assets Group (JLEN).

IP Group: Berenberg reiterates buy with a target price of 160p.

Ceres Power Holdings: Berenberg reiterates hold with a target price of 290p.

IP Group keeps hitting sub 70p. Seems to be someone selling and it could be other funds involved. No idea why they value this at 160p given current price of 69p. They have not changed their valuation.
Ceres is up again today to £2.01. Up from 169p a week or so ago. 30p bump!

H1 results on 10/09/2019 according to their website. Almost 6-8 weeks later than last year.

https://www.prweek.com/article/1590944/newgate-advises-investment-firm-planned-750m-thomas-cook-package

Guessing this is an Asian client of theirs? Fosum.