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I disagree. If earnings are good then that’s great, the key thing here is production. If Apple cut production to 20mil as rumoured IQE is heading south massively. IQE is all about the future, if the future indicates a cut, it will be absolute carnage and a massive correction, at least for the short term.
Apple report means nothing if future sales are not as forecasted or exceeding. The SP is ahead of value, so we will always be looking at the future of IQE and revenue. The telegraph has reported Apple is halving production and Apple SP has reflected this: http://www.telegraph.co.uk/technology/2018/01/29/apple-slows-iphone-x-production-causing-shares-fall/amp/ This could be bad, I hope this doesn’t mean another violatile day tomorrow.
I love the hype around IQE, been making everyone great money, my timings have overall been great with my buys and sells, but a company that’s valued at almost £1Bil and making under 20mil profit. I always have this fear when I enter for that short term trade that I’m gambling more than investing. I hope tomorrow is up as my long term buy is doing well. Let’s see what tomorrow brings,we are definitely not a £1bil company (yet) got a long way to go, however if results reflect well for us, long term we will be one day.
So much panic talking lol. iPad having FaceID was always a massive possibility and it looks to be the next inline. Apple adopting FaceID is huge, al next iPhones will have it, then the MacBooks. This panic is a good opp, fundamentals have not changed. I did think a few days ago this was going low, didn’t think this low, so good opp nevertheless.
I really would not worry, it’s some shaking happening. I honestly believe this will be up from here. 100p was a solid base for a rise, we was 170 and will targets of 180+ don’t think of this as a panic I’m going to lose money. Look at this as an opportunity to buy some on the cheap due to others actions. I said it was danger in the 130’s, if we didn’t have that huge rise from 100p the other dayy thoughts would be different. However there is support so just hold out. It’s a good time to buy and hold.
Nice article for support: https://aikenadvocate.com/mesa-adaptive-ma-in-focus-for-iqe-plc-iqe-l/845709/ I believe we are seeing some stablization here, I see this pushing between 115-130 with some volatility in between now.
I am very glad this is held near the 110 mark. Fluctuations but it’s holding. 100p is clear a massive buy point, I see this pushing forward to 115+ very soon. The sharp rise yesterday has allowed us to absorb some short falls today. I believe violatility is high but we are in an upwards projection with some tree shaking. 115+ real soon