Member Info for Qd22

As jam tomorrow goes this is really good, really like it. It's not a contract, but they are on the list of "approved" software providers for the whole U.S. Department of Defense, (and boy, what a list it is: IBM, Microsoft, Oracle and Adobe, etc.)

It is not just a nice statement of intent from Simigon but deliberately initiated by the DoD itself to make purchasing easier for it's own deptartments, with agreed pricing and processes already established with selected approved suppliers. NB approved, with pricing already agreed.

And the SOPs [standard operating procedures] already down sorted and on paper. The military works on SOPs, and a huge part [90%?] of what they do is train.

The only problem is that SIM doesn't supply standard office kit and software, which is what this 10 year budget appears to me to be for, but very high tech VR training kit, with accompanying software. However they are in and officially approved, the pricing and procedures are agreed, and they may be the only ones on the list selling applicable VR training solutions. Once accepted through this, and using the prepared pricing and pathway, it may open the way into what must be a simply ginormous US DoD training universe.

As Rivaldo says, just a small contract would make a big difference to a minnow like SIM, but a successful first contract would I believe open the door to very, very, much more.

If they had to choose one client across the world to be an "approved provider" for surely it would be the US DoD.

And this validates that SIM's offering is as good as any out there, there's no way they could get it otherwise.

It's great to have the opportunity of this price retrace to top up big time.

I like Breedon. I have nothing against performance related awards. But they are awarding themselves millions of pounds, and they are not telling us what the EPS bar is going to be set for.

I think they are set for a major rise, and I will hold for that. But I will sell out after. I am one of those loyal people who wants to hold for ever, but this is distinctly damaging to trust.

Looking at the Director Deals page it looks like a regular pattern: the directors get a lot of options, and when they exercise them they sometimes sell quite substantially, but certainly in this guy's case never as many as the options he has received.

A pattern and a means of payment, but they are building up their holdings nevertheless.

This is now the 4th time he has done it: previously also in 2010, 2012, 2017, & now 2019. As far as I can see he has bought outright 813,342 shares over the years, exercised options on 12,688,628, and sold 9,003,470. Which mean he has just increased his holding to nearly 4.5 million shares. Plus his remaining options. Where the figure in the right hand column comes from I do not know (though it's not unknown for me to get my figures wrong very publicly!).

I wouldn't mind sitting on that lot! But the key thing is it is regular, and it's not just him, and his holding of shares has increased.

I’m no accountant so let me put this as a question: would tax treatment, capital gains etc, make it advantageous for him to sell when in his eyes the price is low? In some circumstances? He does say it is for “personal wealth planning purposes“. And please note, he sold less than the options he exercised, by 250,000 shares.The options may have been running out of time, and for any of us surely it’s unwise to put every egg into one basket.

Yes, it's hard to see where they are going wrong. Shorts are rising, but still less than 1%, and only one company disclosed. There has to be a bottom somewhere, but of course....where? Too late to sell, for me, if I'm organised I'll top up: just a matter of trying not to catch the fallingknife. It's useful that they issued the "no knowledge" RNS as surely they can't do that and then come up with bad news. Can they?! :)

...the CFO and his wife buying shares. Total holding now £200K.

"Director/PDMR Shareholding

nmcn plc announces that it has been informed that Dan Taylor, Chief Financial Officer, and Mrs S Taylor, spouse of Dan Taylor, have bought a total of 2,000 ordinary shares in the Group.

Dan Taylor's, along with associated persons, beneficial holding in the Group is 39,357 ordinary shares, representing 0.39% of the Group's total voting rights of 10,150,000 ordinary shares."

The commercial director was also buying, at the end of March, at £6.60.

Anyone know a reason for the recent fall?

Anyway, I'm doing my bit: in here for the first time. Maybe don't tell me if you do know a reason! :)

Yes, this takes a bit of reading to get the gist, but it looks to me like they are very positive on the outlook for a number of new products that all look likely to be based on an IQE foundation. And they look like they are moving to volume production in a couple of new areas. Really good if I'm understanding that right. But not at all surprising.

Good to see you back, Rivaldo. Hope it was a good holiday.

I suppose we can usually only guess at the reasons, for sudden rises and falls not driven by announcements/information. There may be many.

But for me it is key that in March last year the final results commentary kept pointing to a time lag of 12-18 months. 11 months on 10 machines are in, and 12 companies are actively qualifying them. Twelve. That is a lot, and a much better risk profile than before: and shows our strength in the market. Meantime wireless - still the main source of revenue - is exceeding expectations, particularly through the new tech GaN; and infrared doing very well too. These are things we know.

This long period of investment and no serious news is coming to an end. If I was a shorter I would be getting very nervous of the March results, and would definitely want to be out for September.

So my guess is that we have seen some shorts coming out, but the resultant rise has been so strong that many who bought in the 50's and 60's have top-sliced or taken the whole profit; and maybe the shorters have taken the opportunity for a last hurrah. Come the results and commentary later this month we will be on much firmer ground. I was kind of expecting a drop after the results, as they are still based on last year, but maybe we are having it now instead. Could be the last chance to get in before a continuing rise from March 20th to September - the crucial one - and on.

Still expecting a very good year.

I'd settle for someone I felt I could trust.

Thanks for posting this, HAMR was a new one on me. It looks like there could be a great many more as yet unknown uses for IQE products. And it's great that this one is from Seagate: already an established company, not needing to break into a market, they're already there: it's just their forward evolution.....

PS. Anyway, grateful for this day.

I find it weird that the massive sales you mentioned earlier barely seemed to move the price at all. And the other day someone mentioned a huge sale that then turned out to have been cancelled.

So what is going on? I am such an innocent in these matters that (a) I just had to look up again how shorting works [after all this!!], and (b) when I first bought IQE I thought that when the majority of people were positive about a share and were buying the price went up, and it went down in the opposite case, the MMs being just middle men. !

Now I'm so suspicious I wonder if these massive sales are just dummies: to frighten innocents (like me - but fortunately I'm a buy-and-holder) into selling, so the shorters can come out at a cheaper price than they would otherwise. If they are not genuine sales but done to hold down the price by inducing others to sell would that be manipulating the market? And if so would it be legal? And would it have to be done with the MMs knowledge/cooperation?

Whether or not it is done with the MMs knowledge I find it utterly disgusting. If it be so.

Thank you JL79, that is useful, especially about Wirecard. I hope you don't mind that I've cut and pasted your comment to the IQE board, where we've suffered badly from shorting.

To cut and paste JohnLewis79 on the Bango board:

"The German regulator have stepped in to stop short sellers betting against Wirecard the payments provider Co after short sellers targeted the Co following a string of reports relating to fraud and accounting irregularities surfaced at its Singapore office
.

Shares on loan had jumped to 13% and the sp has fallen 33% wiping £6bn off its mrkt value.

BaFin the regulator stressed the company's importance for the economy and this was the first time it had taken this action.
Shares gained 11% on the news and the ban remains till 11/4/19."

Let's hope that is an example that our regulators will follow.

Yes, like this. New country - Vietnam; 2nd largest provider, and an innovative one; and increases the total subscriber base by over 10%, with both a regular fee and a share of the proceeds.

If he had purchased before taking up the post would he have had to declare it by now?

I shall be very interested in March to see whether the NanoImprint Lithography (NIL) Technology for DFB, which started to bring in revenue last July, has made good headway since. See RNS 9/7/18. The initial contract seemed small and we've heard nothing since.

Agreed GoTrader, about the takeover. I really hope they stick with it. I know nothing about these things but I remember someone saying years ago that the joint ventures and other external tie-ups they have would make it harder for a t/o, and perhaps were deliberate in that respect.

It would be such a waste, and such a loss to this country, for them to be taken over, especially at this stage.

The new machines are on-site and just about beginning to produce, there are 12 other companies qualifying products on them, having spent the last 18 months scrambling to catch up with the fruit machine, IQE seem to have a huge IP moat, plus several strings to their bow - some with major potential, and any new technology of this kind would surely take years to bring to fruition.

No way: stick with it.

What do you think that means?