Re: Article in Welcome back Jane.
Article in "Master Investor" Pages 43-46.[link]
Re: Not allowing me to tick STRONG BUY! Thanks Monty. Informative stuff. I needed a good dose of positivity !! Best wishes for a profitable 2018
Re: Not allowing me to tick STRONG BUY! @Montypure coincidence, at the same time as you were writing that I was pretty much writing my message saying that this volatility is probably not of much interest to you so why bother commenting.My suggestion is that those that are suffering withdrawal symptoms go and look at ADVFN. Plenty of musing that amount to nothing much over there. (Although there is the odd good post among the flotsam and jetsam every now and again)
Re: WHERE HAVE THEY GONE ??? @alwaysabelieverApart from the fact that Dave has more important things to attend to, what would you like Dave and Monty to comment on?There's no news from the company itself. Nothing of material significance has changed in how it is placed to take advantage of the opportunities that exist in the market.There's very little news of developments with other companies that are of significance.So, what's left? Pretty much a volatile share price and increased shorting. I believe that Dave and Monty are in this share for the long haul so this volatility and what the shorters are doing is not of much interest to them most likely.Best leave the short term traders to comment on the volatility and the shorting activity.
Re: Not allowing me to tick STRONG BUY! Thanks for an enlightening post on how you are seeing things. I share your sadness at the premature death of the great Cyrille Regis. A true gent and legend of the game.
Not allowing me to tick STRONG BUY! Always, I'm very flattered to even be missed, let alone mentioned. Re Dave Sweeney, I believe, though I didn't see it, he suffered a bereavement and posted before New Year that as a result he wouldn't be posting for a while. Re myself, it's Christmas, it's New Year, where do you think I've been??? I've been here all the time, reading the odd post, choosing not to read a bunch of others which I know will be absolute BS and a waste of my time. My job isn't and never has been to post on the bulletin board everyday, like most people I have other things I do. Moreover and most importantly after the Interim Management Statement the company has said everything about the ongoing state of the business and their likely expectations, what do I have to add??? We've already seen the management raise £95m at 140p for 10% of the company. In theory there are 10% more shares in issue and here we are, about 10% lower than on issuance. The fact that the shares went up into the 170's, I never saw them at 180p by the way, not saying they didn't officially touch that level, is of no consequence to me as a long term investor, indeed I'm much more interested by the opportunity the shares offer after the retreat. I've been a consistent buyer at these levels and luckily I currently have one of my other holdings subject to an agreed cash takeover, which will free up £60,000. As of right now I can think of nothing more I'd like to buy than 45,000 or 50,000 more shares in IQE so it's hardly a disaster they've come back a bit, if indeed they stay around here once the takeover proceeds have been received I'll be feeling quite chipper. But let's just consider a few other matters for a minute: 1) tech at the top end i.e. the FAANGS etc have had an incredible year BUT you just need to look at for example the reaction to the Facebook announcement late last week, marked the shares down 4.5% on the day I believe, so at best after all considerations, while not necessarily in a bear market (and why would it be? Technological advancement is the future of/underlies much of the economic growth prospects ongoing) it's obvious that tech stocks, both at the top end and of course further down the scale e.g. IQE are taking a breather - IMHO I don't think it will go on too long and see it as mainly a rotational thing 2) you may have noticed Apple's announcement re Intel chip flaws and security concerns, I don't think this has been exactly bullish for either Apple, tech, or anything related 3) re the specifics of IQE and its rating, of course it had a fantastic run and got a bit stretched perhaps and those who sold in the 160's/170's have been [short term] well rewarded. I didn't as I'm just happy to pick off shares in my target holdings. Everyone has their own style. I buy and hold with a 3-5 year investment horizon. Why would I be anything other than wholly satisfied with the company's performance and their recent update in their IMS??? I recognise short term, and of course it's easier with the benefit of hindsight, that their high rating short term made them vulnerable to retrace back towards 140p i.e. the issue price. The fact they've gone beyond that could well be because of the change in short term sentiment towards tech shares. 4) on the basis, short term at least, that there's an information vacuum between the IMS and the results announcement, and considering all the other points above (the shares had gone up, short term sentiment has turned for tech stocks in general as they pause for breath, the chip security issue hasn't helped that at all) then it's hardly surprising the shares have re-traced a bit. I have no idea if that will continue, I've bought shares at 110p the day they really had a panic, I bought some at 160p one one of my less advised days, so what?? I like the company, I want to own shares in the company. That's not a statement on what's happening over the next half hour, half week or even half a year!REMEMBER, THE COMPANY RUNS I
Re: WHERE HAVE THEY GONE ??? DS told us back in December that he wasnt going to post for a while because a family bereavement needed his attention more than this board does.
Re: WHERE HAVE THEY GONE ??? Sorry, wrong heading below......." is there a degree of substance in WS's suggestion that their very bullish posts did indeed push the price north. "Yes, now that I'm long I need them back to do some ramping...........But joking aside, I also miss their posts as they add real value to the discussions with their esteemed knowledge of the industry....JC
Re: Short 161.25p (soi) " is there a degree of substance in WS's suggestion that their very bullish posts did indeed push the price north. "Yes, now that I'm long I need them back to do some ramping........... But joking aside, I also miss their posts as they add real value to the discussions with their esteemed knowledge of the industry....JC
WHERE HAVE THEY GONE ??? The share price has gone south recently from a high of £1.80 to a low of £1.25 before recovering marginally this morning.I have never subscribed to the view of WS that Dave Sweeney's posts had a substantial effect on the share price. The bb has recently goner very quite. Monty and Dave seem to have disappeared. Is it a coincidence or is there a degree of substance in WS's suggestion that their very bullish posts did indeed push the price north. JUST WHERE HAVE THEY GONE ?? Got to say that I fully agree with Jonny's latest post and that we can expect to see a lot of ups and downs prior to IQE actually producing some meaningful figures in terms of profit and turnover.
Re: Short 161.25p (soi) A nice compliment from the Maestro himself..........
Re: Short 161.25p Hi JCWell Done.As a trader you are impressive, taking well calculated risks.That won`t always fit well with some investors but you deal with that efficiently and politely.Nice Result.ATBsoi
Re: Short 161.25p (Stoater) Hi StoaterThanks for those kind wordsA companys share price will, in the longer term, reflect the fundamental financial performance of the company and its future prospects. If it consistently performs well, continues to grow and pays dividends then the SP will reflect this. The issue with IQE is that although the long term prospects look very bullish, the company is not yet achieving revenue and profits that support a SP of 160/170p (imho) the price is being pushed there by the hype and sentiment. The traders, having done their research, will recognise this and take a short position. If this flows through in volume then the flood of share sales will drive the SP down until the pricing becomes a little more realistic, reflecting fairer value. At this time the short positions will be closed.There is a lot of bad feeling in respect of the shorters. It is true that, as mentioned above, their trades can have a short term influence on the market. However, the fundamentals will win in the end and a company consistently performing well will see their share price bounce back and the shorters will stay away.I do believe this company has a bright future and long term holders will be rewarded accordingly. Nevertheless, in the meantime there is money to be made!Good luck with your investments JC