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https://www.edisongroup.com/publication/impact-of-huawei-ban-is-limited-and-short-term/

No change in the numbers but Edison break down likely effect on stock. What can and can't Huawei shift in it's supply lines? They still estimate 91-99p as value here. So were well below that. Todays drop seems like overkill.

If this is the work of shorters then they are all hiding below 0.5% or extremely slow reporting. When good news comes this share shoots up as everyone dashes to buy stock. I suspect if there are short positions below 0.5p they would quickly close to make it look like huge demand in shares. As the share peaks out they increase positions. That said there have been no huge trades today of 200k-600k.

Otherwise it is funds in background buying and selling on news. Whenever this share gets to about 100p the sells kick in. Like always with IQE it is jam tomorrow. Lots of big orders in the wings.

Share still drifting. Very low volume yesterday. Guess nervous investors. No change on shorts this week.

Seems not a huge impact. Up to 5% revenue but full year forecast unchanged.

Looks like US has given 3 month reprieve to Huawei.
https://www.theregister.co.uk/2019/05/21/us_huawei_extension/

This should allow existing product to be shifted? Albeit Arm have stopped dealing with them. ALso update from Cannacord in news section here. The company line seems to be short term not a big impact.

So far no change in shorts above 0.5%, Albeit no update for Wednesday yet. So maybe 71-72 p was floor here? Very hard share to predict. H2 is where it's all supposed to take off.

Canaccord reiterates buy with a target price of 130p.

Decent piece on ADVFN about IQE. from Rivaldo quoting Cannacord who seem to think IQE will not be majorly affected like they were with Apple. Worth a read. Still risk here pending how the China/US things settles.

This might explain why no RNS. As not a huge impact so far. Long term if the restrictions remain you might expect some impact?

Up to 94 on Newgate staff page now. Ian Morris appears to be a new partner. Among 1-2 new junior staff.

Share price now below the 0.77p it was suggested in the merger deal. Such a shame what is happening here.

76.7p UT closing price. Could well bounce back tomorrow if market perceives an over reaction?

Still no clear indication what if any impact this situation could have on IQE. Chances are nothing will change?

https://www.walesonline.co.uk/business/business-news/welsh-technology-helps-make-fish-14374465

'Our customers make the chips and they end up being invariably exported from China with two massive companies in Huawei and ZTE. And today BT buys 100% of its broadband products from China. So we export maybe £220m of wafers that go to fibre optic systems, but we then import as a country £6bn worth.'

Old article but likely still a customer?

https://www.fudzilla.com/news/pc-hardware/48716-euro-chipmakers-suffer-because-of-trump-s-trade-war
https://www.nytimes.com/reuters/2019/05/20/technology/20reuters-huawei-tech-usa-chipmakers.html

Hitting AMS who is related to IQE. Wonder what if any impact sanctions could have on IQE here. Especially if they have to stop trading with them?

Seems to me like they ran out of money. Debts and fact that their bureaucratic UK operation was churning cash.

Have to wait and see what this Sec merger does. With 10-11m debt we will get heavily diluted, Especially if all turned to equity.

I had hoped another firm might put an offer in here but it seems no one wants to come in here. They would have to pay 15m or so if they wanted to take out the debt. A merger to slash costs would really help here.

Sec released a somewhat strong trading update on 9th May. What cost savings can the 2 firms together really add here? Paying off debt could save 1m a year. Sharing locations could also save a lot. Slashing management costs would be the key here. This board of directors are costing 1m or so a year?

How much do we really trust the Italian accounts here? Their previous results showed many errors. Their full year results are due out soon?

JP Morgan reduced on 13th May by 0.08%. So perhaps this could be reason for the rise? Few shorters closing?

UT trade at 87p.

That same site was suggesting the share was in trouble a few weeks back and that one of it's writers had sold their holdings. Just too inconsistant to be useful.

If IQE can start pulling in big Andriod orders and 5G orders then maybe things could pick up here.

Closed at 84.5p today. Not sure how this share really compares to FTSE daily movement. News flow here will be key. Positive news will cause big jumps in SP. Especially if shorts close in large numbers. Including those below 0.5%,

Interestingly that short movement was from 10 days ago! Talk about slow reporting?

Cannacord have reaffirmed 130p rating.

Better value to buy in at now but maybe best to let share settle.

Shorts up 0.22%. Coltrane increasing

Iqe tends to surge then fall back. Lot of speculation. I suspect many pumping and dumping stock. See what happens.

The thing for me is H1 will not get a great boost here. We know Apple sales have been down since end of Q4 2018. Is the new facility now up and running? They talk about what it will be used for but they also talk about first mass production order. So unclear if up and running. Once it is you would expect a stronger H2. If existing clients have increased orders that would be positive. That has already been factored into their numbers.

There is lots of chatter in press about 5G being delayed. Not helped with China things going on in background. Certainly a delay in UK. Seems to be suggestions of Europe too.

SP does seem to be holding in the 80's. Never buy on the peaks here..

No changes in any of the shorts above 0.5% here. Still 7.85%,

That news could see a spike this morning. Customers gradually coming online production wise.

I figure they are ordering 10-12% less from supplers in H1. Assuming the channels have now been cleared of stock. I really don't think Apples iphone sales are going to suddenly soar. Unless they have some amazing new model to come out? Or slash prices? The mobile market is maturing and with that tthe new features each new phone brings are reducing.Hence why Apple has diversified. Iphones are now a cash cow to milk whilst protecting market share.

IQE need to show that their other customers can now make up this shortfall. Long term 5G may do the trick. Short term they have a hole to fill. The difference from 30.5-31 billion is not a huge amount. They started at over 37bn in iphone sales. So a drop is 6bn?

If IQE are climbing here it's because of 5G and what that could bring here. Top slicing here on rises is a very sound move given how this share goes up and down like a yoyo on a monthly basis.

Yes 31bn vs 30.5bn expected. The market expected Iphone sales to be bad. We already knew they were flagging end of last year. The news in last month or so has not been good. They think sales might pick up for 5G products. Basically cutomers want something new not just a renamed model number with minor tweaks.

Was a strong day yesterday based on the news relating to 5G. Which is good long term news. Albeit no revenue from this yet. Many applications for 5g use though.

Question on Apple will be is revenue decline due to lowering prices or fewer orders. I suspect both. The market view seems to be the newer Iphone models offer no real difference to their existing phones so people upgrade less. Most CPU in phones are quite capable so a faster CPU offers less value. A 5G modem will offer much greater speed?.

Apple no longer announces number of Iphones it ships now. Suggesting the numbers are falling.

No one really expected good news from Apple. For IQE it will be about how much it's other clients are filling their order books. Plus when all these 5G orders arrive and if they offer good margins.

Motley Fool less than positive about IQE today. (They do change their mind a lot. No mention of 5G.)
https://www.fool.co.uk/investing/2019/05/01/more-bad-news-for-iqe-id-rather-buy-this-6-ftse-100-dividend-yield/

No change on shorts today.