Member Info for Qd22

Hi cneighbour - it's even better news if I'm right and you're one year out! If we're thinking of the same trial - also at Curbridge - then it started November last year and as itsyou said we can be expecting some feedback on that.

I too came into this for the multiple irons in the fire, and just looking for graphene companies with prospects. I hold Haydale, and this, of which this is marginally more profitable so far. Frankly I didn't realise there was a battery aspect to it, though clearly graphene is a player there, but have been looking out for a good way into the vital energy storage revolution to come.

Great to find I've already got one!

Thanks Nickel. Thanks for the tip. Usually I avoid oil and gas for environmental reasons, but this mornings RNS puts a question mark against that as sulphur for batteries - if this were to be 'the' tech - is largely extracted from oil and gas, as contaminants. Will not be able to resist looking!

Probably not! :)

Nice jump so far today, not apparent so far why. Anyone??

Good to see you here, Nickel. It was you that brought my attention to MTRO, and I've done well from that - are you still there? You've not been commenting.

Sorry to be off-topic, people!

On topic, this is a great RNS. Battery tech could be the biggest growth area of the next 30 years, and this combination sounds great, though I know nothing of the tech. It seems to me that hundreds of firms are chasing new ideas, and many will not continue, but perhaps there are less options in the area of the electrodes, and if DCTA has the lead there with graphene this may be applicable whatever storage tech it is that rises to the top. :))

A lot of large buys on Friday - turning? Topped up this morning.

Exciting share. And however good the 5G side is, or the supply business, it's the water side that really floats my boat - though they wouldn't allow such a shocking waste...

Today I took photos of trees that still haven't lost their autumn leaves, and a tree already in spring blossom, here in the Midlands. What happened to winter???

The water problem is only going to get worse with climate change and Mottech's solutions will be needed in many countries. And as ST said: "It has shown to produce a 30 per cent increase in crop yields while reducing costs from efficient use of water, fertiliser, energy and labour. Robust demand for Mottech’s irrigation systems is MTI’s main profit driver, the segment producing a 30 per cent operating profit surge in the year to date to account for half of MTI’s total profit."

30% increase of output for reduced input of not only water but also fertiliser, energy and labour is quite some recommendation.

Interims end of September: "The Company extended the SG016 Phase II trial to include a further 120 patients with confirmed COVID-19 to be dosed in the home environment (ongoing)"

"ONGOING". What on earth is going on? Why isn't this working?

Hi Basscadet. I normally reckon on you understanding the tech much better than me. I just look at the RNS carefully and try to get my head round it.

I have mentioned Silex about once every 9 months because the licence income to them from us could be very substantial relative to their size. The FT has their income at AU$1m, and that probably includes our US$400,000 last March. Net income minus AU$7.81. I bought in at AU$0.17, so at AU$0.56 today I'm happy - but not selling. [It is volatile, well back from its good news peak of 0.78 or more. They have 2 other technologies under their control and with potentially much larger markets: a laser tech for refining uranium (in process of commercialisation), and zero spin silicon for quantum computing - a market projected to be worth $50bn by 2040. The latter has Ozzie government funding and the "Potential to generate initial revenues under off-take agreement with SQC from 2023....High value, low volume market scenario in early years of production – minimal capex requirements". http://www.silex.com.au/getattachment/d57ac1a9-8c1b-4f35-89b2-ec648ea5596e/10-SLX-2020-AGM-Presentation-2020-10-15.pdf.aspx?ext=.pdf Don't mean to ramp another company here, but they are our partners not competitors, it's always good to know where our partners are at, and - yuh - it's been good to me, and anyone who bought in when I first mentioned it. As much by luck as judgement: the zero spin silicon bump up was completely unforeseen. They seem to have some good boffins.]

As ever I am in very deep with IQE.

From that interview it looks like early December is going to be fantastic for newsflow.

This is the 2nd set of very significant new product news in just 10 days.

Both now out with customers for trials/sampling.

Both potentially generating major revenues (though they strangely give no indication of how major with either).

When's the penny going to drop? I mean rise.

Agreed Trek. Strategic significancecould be huge. Looks like we are getting in and known in all the right places. Glad to be here.

Yes, more good news. Well written RNS, given the subject matter. Would have been helpful though if they had stated the size of the potential market, which I have the impression is huge, if this applies to all filters. ["more than half the value of front-end modules in handsets, an amount that is forecast to steadily increase with the onset of 5G connected devices according to industry analysts Yole Developpment (June 2018)" according to a very useful RNS from April 2019 https://www.lse.co.uk/rns/IQE/iqe-unveils-advanced-rf-filter-materials-portfolio-21u686bg2j9322f.html ]. Seems to me they have become very careful about blowing the trumpet. I wonder why?

It's based on the the cREO tech, which as you say is patented: bought from Translucent [parent company Australian 'Silex Systems', which has done well for me], and who get a 3% plus royalty, min US$400,00pa [small company, for them it's a LOT].

http://www.silex.com.au/cREO%E2%84%A2-Technology
"Silex subsidiary Translucent Inc developed a novel set of semiconductor materials known as ‘crystalline Rare Earth Oxides’ (cREO™) for application to the manufacturing of advanced semiconductor devices (such as wireless and optical communications) which use high performance compound semiconductor materials rather than silicon. The cREO™ technology is a potentially enabling technology that could create a step change in the integration of various compound semiconductor devices with large scale silicon wafer-based production techniques. This has the potential to improve performance and lower the cost of production of compound semiconductor devices such as chips for wireless communications equipment and power electronics devices.

The cREO™ technology was purchased by UK-based IQE (AIM: IQE) in early 2018 in accordance with the 2015 License and Assignment Agreement between Translucent and IQE. As a result, payment of US$5 million was received in September 2018 (in IQE stock). In addition, a perpetual royalty of at least 3% will be payable to Translucent on the sale of any IQE products that utilise the cREO™ technology. The agreement also provides for the payment of annual minimum royalties over the period 2019 to 2024, with the first minimum royalty of US$400,000 paid to Translucent in March 2020.

The cREO™ technology was successfully transferred in late 2015 to IQE’s Greensboro, North Carolina manufacturing facility for the continuation of product development and commercialisation activities. IQE continues to progress the development of cREO™ based high frequency filters for 5G handset applications."

"IQepiMo™ templates are available in diameters of up to 200 mm and trials are underway with potential customers and partners". Looks like the commercialisation of cREO is finally underway. Money?! :) But they keep it very quiet: what is the size of this market?

Could be major?

For me it's fortunate that it's pulled back, so I could get in at 93.6p. I've held this share in the past, a long time back, then sold but kept an eye on it. See my posts I do have my concerns, but have always wanted to be in here and think they may now be getting their act together. Shouldn't have attachments, but there will always be something about wood - and since that's not just true for me AXS has something special going for it. I would, however, really like to know if I was right in 2018 and they did buy Diamond Wood.

They seem to be fine tuning but I don't understand exactly what they are doing - financial instruments of this kind are a bit beyond me. Can someone explain the direction of travel? Gotrader?

What a lovely quiet board for a great share. Last year there was a trading update 13th November. Let's hope for one again. Great to see they're recruiting. And in Nottingham, which they love! Approval!!

I don't know one end of an accounts report from the other, but I would dearly love to know WHAT THAT "GOODWILL IMPAIRMENT" WAS ABOUT. £25m is a lot of money to just disappear into thin air. Explanation needed.

Without it, if I understand things right (probably not) the loss would have been £2.5m: less than half the 5.21 from the year before, and continuing a steady progression towards profitability.

Unless it's changed the half year ends on 31st October. I suppose it's too much from this blank wall to expect a trading update next week, but last year the interim results RNS was mid-December.

If I wasn't too far in already I would be topping up. We may even be in the black.

Guys and girls, I'm looking for a way into robotics, and am way overweight here. The 2019 results never mention robotics, not once, but I would guess that LIDAR & 3D sensing are actually a major play on this - but I'm really ignorant here. Any thoughts?

Katharine Burr Bodge-it??! :)

But, no, it does all help, even if it's not bottom line. Reputation. Publicity. SP is actually up since the announcement.

Every little helps...