eagle51
31 Aug 2018
Why is IQE up to 110+? Shouldn’t you be Regan, Goneril or Cordelia, MissMolly? Lear was their dad Anyway , it’s good to be back in touch - you too, shabby. Still the diplomat, I see - I wish I could be as polite as you two but there isn’t time, I find. Glad to hear you’ve done well with Burford, Lear. They weren’t the first in the ring with big ticket litigation funding. Keep an eye on the press over the coming months in relation to an early entrant. I’ve been on the case for more than 3 years - you wouldn’t believe the blocking. Plain theft - and a lot is involved. A John Grisham novel wouldn’t do it justice. There are different forms of the same thing. It depends what lines are crossed. Re IQE, reversion to the line: “it’ll be really good next year†(or equivalent - you call it ‘jam tomorrow’) is interesting. Apropos nothing, imo one should always be cautious when accounts contain so much detailed info it’s impossible to get a handle on it all. Certain people rave about IQE’s market share and sheer innovation and quality of product. They’ve become experts on it all, even though they pursued non-relevant careers. Rarely of ever do they cover profitability per share in any depth, probably because they can’t. In the end it’s about maintainable EPS. IQE’s are progressively in decline. Cash flow is negative. IQE simply doesn’t seem to be able to capitalise on all that demand for its products. I call it “busy fool syndrome†- work harder and harder but make little or no additional return. That’s as I see things anyway. Maybe the situation will change, but we’ve been saying that for a while now. I just don’t think IQE’ big customers will let it make too much on its offerings. Perhaps I’m wrong - time will tell, but the risks don’t seem worth it to me. I wonder when Dr Nelson is planning to retire and who is set to take the helm? all imho/dyor
lear
30 Aug 2018
Why is IQE up to 110+? Nice to see posters here from the old ii discussion board, Eagle and Shabby, in a previous life I was MissMolly. Well, very briefly - IQE results or shall we agree on non-results, It’s same old or deja vous, uncanny really, promises of Jam tomorrow and no profits today. Mind you 5 reactors on stream…so maybe in 2020 the profits will roll in, or maybe not but there will be jam promised rest assured. Re: this ‘Research’ bit of ii, I would be prepared to pay a monthly fee to get back the old system (all of it) it was the best and I really do miss it, I don’t trade half as much now. I hate these threads, seems like just pot luck if you get one that’s current or half ways intelligent… Burford Capital still my best share, then Fundsmith and I came a cropper on FDEV and PLUS, but will wait it out…hope you all are doing well.
NoQuestionMarks
30 Aug 2018
Why is IQE up to 110+? 80p would still value this company at around £600m or so… The P/E ratio would still be in the 50-60 range I suspect. Slight improvement to the top line is useless unless it is passed through to the bottom line. Jam tomorrow yet again. 50p seems more like a reasonable share price based on the current position. A P/E of 40 would still be lofty, but if you understand the tech, (I don’t, and suspect most holders don’t either) and believe in it, a risk worth taking maybe. Remains on the watchlist for me. Just my opinion, for what it’s worth.
shabby_2_sox
30 Aug 2018
Why is IQE up to 110+? Dave Sweeny and Monty must post on here to explain how much more we need to rub the Alladin lamp to release the IQE riches which they were regularly touting on here. We are heading for 80p which many of us predicted was somewhere approaching fair value with no sign of it moving upwards from there any time soon.
eagle51
29 Aug 2018
Why is IQE up to 110+? The previous post was all imho - please dyor
eagle51
29 Aug 2018
Why is IQE up to 110+? Lear - should you not now change this to: "Why is IQE still trading at 100p after today’s results? I sort of miss the insults from clever people like Dave Sweenoid and Asia based ex wizzo fund manager Monty who tell me I know nothing. I’ve come to feel quite insecure. Am I mistaken or have IQE just announced profits that are half those that were restated to make things look better for the same period last year (it catches up on you in the end)? 0.53p earnings per share for the half year wouldn’t normally support a share price at a lofty 100p a pop. Not sure how last year’s placing victims at 140p a share will be feeling today when they compare what’s been reported vs what they might have been told when they stumped up the loot. The £95m raised was used to repay £75m of borrowings before a further £27m was then taken out in loans. £45m was left in the kitty at the end of last year but I see the Company’s cash flow is still negative. Not sure how much is committed to be spent on upgraded facilities in Newport and elsewhere. But fear not - the good doctor is promising you much more for next year and beyond. The future is indeed rosy - particularly if they manage to find someone who knows how to make money out of the Company’s apparently brilliant position of No 1 in the world at practically everything it touches. Trouble seems to be that the customers it supplies in huge volume are smarter than the boys from the valleys. They seem to be less dependent of IQE to deliver the goods than IQE is to have them buying what they supply, despite their excellence in innovation and quality. Tight margins are the result and the outcome is self evident. No doubt Dr Nelson and others continue to be extremely well rewarded whilst shareholders continue to be dependent on gambling with the Company’s SP successfully in the continuing absence of even talk of dividends. Has a new CFO been appointed yet? I hope for shareholders’ sake he or she is an external appointee and not another ex auditor who’s in awe of Dr N, who I suspect doesn’t like being challenged. Good luck holders - sooner you than me Well done II - you’ve managed to kill what was actually quite useful by completely f***ing up what was the best of the discussion sites
rvasquez49
22 Jul 2018
Dreadful changes to the BB Hung , drawn and quartered would be more appropriate metaphorically !!!
lear
18 Jul 2018
Why is IQE up to 110+? Why is IQE up to 110+ ? God I hate this ii garbage site now
stephen_jervis
04 Jul 2018
IQE - Advice Gotcha, thanks
Bowman
03 Jul 2018
Dreadful changes to the BB @budu, They do, which in the case of IQE is 0% IQE 1.png806x364 40.3 KB
budu
03 Jul 2018
Dreadful changes to the BB ii could at last have let us see yields.
shabby_2_sox
03 Jul 2018
IQE - Advice I have probably also made reference to an expected July 18 trading update based on the 2017 trading update issued on 20th July 2017 (list of RNS’s on IQE website). 20 Jul 2017 07
0 IQE plc : Trading Statement & Notice of Results
stephen_jervis
03 Jul 2018
IQE - Advice Hi Fadab, Where did you see that there is a trading statement due in July? Just curious as I can’t find any reference to this online. Thank you Stephen
stephen_jervis
29 Jun 2018
IQE - Advice Hi, Thank you very much for the advice
fadab
28 Jun 2018
IQE - Advice It is likely to be bottoming soon , trading statement in July should move it upwards
