IQE is the leading global outsource supplier of customized epitaxial wafers to the semiconductor industry.

Their technology is of most advanced like AFM means Atomic Force Microscopy and moves a minuscule cantilever over an objects surface, a sharp tip passes over dips or rises punched in the surface and reads out digital information. This technology is not going to slow down it is going to speed up and has to replace most existing forms of memory storage by virtue of capacity and size.

The future of nano-technology, these tiny/minute robots would need very small processors and most sure strained silicon could provide these.

The low share price is due to uncertainty as to when the cash will run out, but I don't think this will happen as cash is of 12 to 15M and NAV of 30p, and losses are going to drop on the next 3 month and we could have profits on the Q4 2004.

Latest news from the Chairman were" The Group remains confident that it is in a strong position within the outsourcing market, although the protection of its cash position is paramount.
With a broad product portfolio allowing the customer base to use IQE as a 'one stop shop', a large available production capacity and a strong balance sheet, the Board believes the Group will benefit strongly as the overall semiconductor industry recovers and will continue to strengthen its position as the leading outsource supplier of advanced wafer products to the sector. "

Nearly all the recent results have been encouraging. Q4 accounts are being completed (30th Dec 2002). IQE know where they stand, if things had got worse their would have been a trading statement by now, and with Amberwave (IQE's partner) increasing its Asian presence, this is a bullish trend and a good point to pick up the shares @ 4.25p

Intraday

5 month MA and Indicators

seconded ..... an interesting read, and i'm happy to sit out the turbulence for the longer term with my current holding

I have sold out. Keep my powder dry until the dust settles.

Not long to wait "Apple Inc. is expected to report earnings on 02/01/2018 after market close. The report will be for the fiscal Quarter ending Dec 2017."

Q4 supposedly ok re sales-it is Q1 onwards that does not look good

as so much has already been telegraphed, how much is already discounted?

I think it is more than Apple. Until the short position diminishes significantly there'll be drip drip drops each day. IMO. Fact is that you can buy cheaper today if you sold yesterday. I started reducing at 1.18. Should have sold the lot then. :)

Apple figures look pretty good, though missed estimates slightly on shipments of most products. Dip of approx 2% in Apple sp after hours. Can't see that their results should impact IQE much.

Apple has $163 billion to burn, and Tim Cook plans to spend it

And the BBC :-

Apple sells fewer phones but profits rise

someone told me i was nuts to hold AAPL .... seemingly not
and AMZN another gem that i am delighted to be holding

meanwhile, to get back on track, it's good to see IQE staging a very modest recovery
clearly all still unsettled by the recent sp crash, and trying to determine if AAPL's cautious outlook for next quarter will have much if any negative impact on IQE

Well those results were the worst kept secret yet. Not sure if they will affect IQE much. Is it really all about Apple? I've seen shorters work before. It is after the froth dies down that they usually start to bite. Doesn't take a lot of ammunition and it can be slow but relentless. I'm staying out until such time as they start to go away in numbers.

a reasonable ploy though arguably current is not a bad level at which to buy if you think the company intrinsically has a good future

Maybe, but I think it still has more risk to the downside. Volatility is decreasing, as well as trades. Often the calm before the storm. I may be wrong. I hope I am wrong. A lot of small PIs get hurt in these games.

same argument would apply if bears about to close ..... but yes, many PIs get themselves over-exposed or have stop-losses triggered

We just need to focus on the good that iPhone X has surpassed expectations. Hopefully the market realises what this means.


From the front page of the telegraph. Read halfway down article

“iPhone X surpassed our expectations and has been our top selling iPhone every week since it shipped in November,” Cook said.

apple-breaks-record-biggest-ever-company-profit-despite-iphone/

Bit of a dichotomy there bermon. Iphone X surpassed expectations and record profits despite iphone.. rather like a pat on the back and a slap on the face at the same time. :)

good for my AAPL shares anyway :-)

I have the X, happened to drop and shatter the screen on my 6 otherwise I would have waited. Anyhow, it is a very good phone, really a computer from which you can place calls, but that black bit on the top of the screen does start to irritate after a while.

iturama, yes and no

Forget about Apple’s revenue numbers-the message spelt out loud and clear is that the X is a rip-roaring success.

Clarifying his statement, Cook added during the question and answers session that the iPhone X popularity has continued to the present, and is not just limited to the holiday quarter.

also

Apple expects 13% to 17% unit growth of higher-priced iPhones with revenue $7B to $9B higher on the year. Expects sell-through to ACCELERATE during March quarter (compared to December).

shorts
a couple of them were closing last week

IQE - shorttracker

Valiant Capital LP 1.12% -0.53% 25 Jan 2018
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