Member Info for Qd22

Was terribly tempted to top up yesterday, glad now I didn't have the cash in the right place. Maybe best now to hold off a little - as someone says, falling knife.

On the other hand this is so convincing I'm still tempted to buy, then close ze eyes and hold ze nose.... for some time. Certainly if it drops below 1.6 again. But that's probably just greedy, and wishful thinking.

Looks like a floor may be forming, though I know nothing of charts.

I agree with Jaggers: 'At this 11th hour the crowd is too large and the exit too narrow. “What a tangled web we weave...”'

May be a last chance to get in low.

Net sales of £1,210 leads to 6.25% fall?

"Buying at 55 not such a bad idea". ??!!

Scamp on 5th Sept at 49.44 under the title 'Wheels have finally come off' you said "This share price is absolutely screwed from here on in......." When asked to justify it you refused.

Nothing has changed since then except this RNS which you said "was'nt worth ****"

I don't like to knock people but we're all learners here - hopefully - and people do come on these boards for viewpoints, information, and reassurance. You have to start somewhere. I agree with djframboise: looks like a deramp - consistently (check the posts). No posh innocent here. Always DYOR. Buyer beware.

This is now the 2nd Android major VCSEL customer, on top of what we believe to be Apple:

JULY: "Cardiff, UK. 24 July 2019: IQE plc ......, announces the commencement of initial VCSEL production for a second major customer at the Newport Mega Foundry and further positive qualifications.
Initial production has now commenced with a second major customer, serving the Android supply chains, and several more are in advanced stages of qualification. Performance data from the Newport Foundry has exceeded previously attained performance levels, and several new qualifications are now in long term reliability testing."

That was July, and now today: "Cardiff, UK. 30th September 2019: IQE plc ....., announces the successful device and module qualification for VCSEL epi-wafers for a major Asian OEM."

I don't suppose they can 'commence production' (24th July) prior to qualification: so this looks like the 2nd "major" customer, almost certainly Android, both post period end. But today's is not expected to contribute much till 2020, so the approx H2/H1 55/45% revenue split - ie about 20% increase - mainly due to July's contributor. Which bodes even better for next year.

Whatever, this is good news.

Lombardier seem to reckon the price is right. 0 to 60..., I mean over 6%. Looks a fast build to me.

Sold value 66k, bought 96k, sp down 5.26%. No sense to me...

Don't get shaken out!

How can you say that?! There's lorryloads of jam round the next 3 corners....

If you believe a word of it. But how can we?

Credit Suisse seem to agree with you according to today's rns. Newly taken almost a 4% holding. :)

About the same time as the appointment of the CFO.

And about the same time:
Http://www.iqep.com/media/2019/01/european-commission-recognises-importance-of-compound-semiconductors-by-unlocking-up-to-%e2%82%ac175-billion-for-industry-research-and-innovation/

Bought in the other day for the reasons Ragi lays out.

You sure that was a 'strong buy', Rivaldo?! :))

Let us know if you decide to come back in please. Your views are always helpful.

I wonder. We got the hit from the poor trading update at the end of June, then the bounce up from the 2 good RNS's in July re contracts for H2, then the usual drop down as there are no actual figures and negativity sets in (markets seem to have the attention of children!), then the further clobbering when the figures for H1 came out merely confirming what we'd already had the drop for in June. So we were one step below par already, when we were down into the 40's. Now those whose job it is to understand these things are realising that with an expected 55/45 revenue split that's a 20% rise from H1, so those July contracts in both Wireless and VCSEL are having a real effect, even without any new contracts. Which may be coming also.

I'm not saying we can't flop back down to the 40's again, but I'm very hopeful - short of national/international problems beyond anyone's control - for the New Year figures.

Glad to say I came out of this 18 months ago, because I needed to raise some cash, and never got back in.

But I do think the way management has behaved needs investigating.

From the July RNS: "Specifically, the selection is for Surface Transforms to be the sole supplier of the carbon ceramic brake disc option on one axle of a new edition of an existing well-known model of German OEM 5. The existing model already uses carbon ceramic discs as an option and therefore the forecast production volumes reflect this experience. "

Plus, and it could be a big plus, since they are lighter and more environmentally friendly as stated that's really important for electric cars where (a) environmental friendliness is the big selling point (b) average prices are higher so the brake pad cost is relatively less of an issue, and most of all (c) battery weight is the big issue so anything that lightens the car is a major plus. And electric cars are the part of the market, probably the only part of the market, that is growing - robustly - now.

Nice to get that validation. They don't mention that the July contract was taking business off the existing supplier. Maybe I misread that, but if it's true that's even better for them.

Maybe.

But would you care to justify that statement?

When I say the quoted efficiency, at 29%, is over 10% more than normal panels, in the teens, that of course is therefore over 50% up in productive power over the present panels you see covering the countryside, with possibly a route to 100% or more if the full efficiency of the IQE product can be utilised.

Also if I remember right they can fit these as an extra layer on top of already producing panels, so the existing structure does not need to be altered or replaced.

BUT.... talking about hitting the shelves 2022. :( Still, before the serial moaners latch on with their usual misery that they do not justify [if they are genuinely long holders - about which I do wonder - they really are their own worst enemies, and amazingly consistent about it] 2 geese in the bush are better than none. And could lead to one in the hand... Or even 2.... Or even a clutch of eggs, who knows? The possibility is great to have. We are IN THERE, with what the EU is funding and pushing. It's good to have the state behind you. [Like any big chinese company]. For all the moaning Nelson seems to be good at that: check back on Rivaldo's post Jan 18th(?) this year.