George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Here is what they said 6th September.
IQE management reiterates its full year 2022 revenue guidance of low single digit percentage growth (at constant currency), as strong Photonics sales driven by 3D sensing VCSELs and emerging revenues in microLEDs offset a degree of anticipated, macro-driven, softness in Wireless markets.
https://litigationtools.maxval-ip.com/UnifiedPatentViewDocument/home/index?caseid=615315
IQE vs Tower
The Board announces that it intends to exercise its discretion to implement the first tender offer under the Cash Exit Facility described in the shareholder circular published by the Company on 17 August 2020 (the "Circular") and approved by Shareholders at the EGM of the Company held on 8 September 2020.
As stated in the Circular, "pursuant to the Cash Exit Facility, the Company may, at the Board's absolute discretion, offer to eligible Shareholders the opportunity to tender up to 25 per cent. of their holdings (a "Cash Exit Facility Offer") at a price equal to the prevailing Net Asset Value per Share, less two per cent. If the Board resolves to exercise its discretion (as they expect to do if the Company is trading at a discount to NAV per Ordinary Share of greater than 2 per cent. as at the date of any Cash Exit Facility Offer), the first Cash Exit Facility Offer is expected to close on 30 June 2022." The Board have monitored the discount through the month of May and given the discount believe that it is appropriate to implement the first Cash Exit Facility Offer.
market cap 30m pounds, 2021 profit $10m
Stockopedia rank = 100
30 june can sell for 2% less than nav.
Gumt
See discussion IQE 2017 on ADVFN board especially Sweenoid contributions.
just bought 10k at 74.8 - shows as sell
it is today
**********
https://www.**********.co.uk/articles/dan-betts-ceo-of-hummingbird-resources-and-alan-green-on-3-stocks-299dc48/
CEO interview
MM pushing price down to help their friends the shorters.
price now just over 3 pounds
Stockopedia rankings in 2016 =95 fell to a low in May 2020 =17.
Now back up to =73.
This is a considerable improvement largely due to momentum.
Market Cap£436.9m
Enterprise Value£496.8m
Revenue£163.2m
Position in Universe549th / 1807
Quality54
Value32
Momentum97
StockRank™73
Now trading at -15% to NAV
Now trading at 15% to NAV. Director buys 20,000
The Board is therefore considering the payment of a 'metal price windfall dividend'. This windfall dividend payment will be based on excess cashflow generated from palladium and rhodium prices achieved above long-term broker consensus prices for these metals for the 2020 calendar year. Actual production achieved, actual prices achieved and the actual ZAR exchange rate will all be taken into account as well as its share of royalties, corporate tax and dividend withholding tax. Considerations to be taken as to the calculation of any potential windfall dividend, will be on an "achieved basis" and would be a once-off consideration. Should a decision be taken to declare any windfall dividend, the Company aims to make payment in Q3 FY2021.
?drop due to nasdeq fall
ADVFN post
sweenoid2 Sep '20 - 03:10 - 31832 of 31835
Bare with me in this rather long post, however hopefully you will think it contains interesting news and views’ and also a historical comparison between 2016/2017 ( SP went ballistic) and NOW.
Before I start- YES, I am aware of the geopolitical issues and the various ‘elephants in the house’ that add to uncertainty in these times. But some things seem crystal clear to me and that’s why I have been continually highlighting the ongoing ( from beginning of 2020) success’s of IQE’s customers and the rapid progression and opening up of the markets we serve. That IMHO IS going to be reflected in IQE’s performance in 2020 and 2021, and of course the SP if you don’t believe that, it’s ok.
Some news, some parallels and some relevant links, make of them what you will
Lovely presentation transcript from our biggest wireless customer Skyworks at end of August. Just as BULLISH as they were at results CC. It’s blindingly obvious they are winning big business at Samsung in Korea and Oppo, Xaiomi and Vivo in China, more than offsetting Huawei ( see comments) further great news for our wireless business.
“And you have seen some of our customers have launched their first 5G phones Samsung, our Chinese customers. There has been very strong demand for those 5G phones. And our large customer is getting very close here to launch their 5G phones here” - that’s Apple of course
This Comment is interesting
“But having said that of course, the global demand for smartphones is not going to change, if Huawei is able to deliver or not deliver. It's going to remain the same. And so somebody will have to supply that. If Huawei cannot supply that Oppo, Vivo, Xiaomi or Samsung or Cupertino could potentially supply that”.......well Skyworks have ALL those in their pockets meaning IQE has too for advanced PA supply. Worth reading the entire article because data centre, 5G internet6 is ALL relevant to us.
hTtps://seekingalpha.com/article/4370747-skyworks-solutions-inc-swks-management-presents-2020-bmo-virtual-technology-summit-transcript?part=single
Also this link ( watch the video) seems to be 100% proof that LIDAR WILL feature in the new iPhone 12 - at least in the top range model ???, it also confirms that iPhone 12 is not in mass production in Late August as they are using the pre-production PVT model produced in thousands not tens/ hundreds of thousands. Mass production begins September, suggesting IQE VCSEL wafers should be in max production August through to Xmas....and beyond. ? ( after a great H1 is finished, bodes well for H2? ;-))
hTtps://appleinsider.com/articles/20/08/25/supposedly-leaked-iphone-12-pro-max-screenshots-show-camera-settings-hint-120hz-display-still-an-option
More on LIDAR and really quite good news- as Maxwell pointed out recently AMS and IBEO have partnered in AUTOMOTIVE LIDAR with its 1st customer being the huge Great Wall Company ofChina, the GOOD news is t