Recommended by myself as a Strong Buy at 8.00-9.00 pence on 15.10.04
http://www.iqep.com/
Daily Execution Price and Volume


(USA)

Semi Index

!FUNDAMENTALS!NEWS
Preliminary Full Year Results - Tue 22 Mar 2005
IQE plc was formed in May 1999 by the merger of two leading wafer foundries, each with a proven track record in the supply of high quality electronic and optoelectronic materials produced using MBE and MOCVD platforms. We believe that the expertise and experience across a diverse range of materials available from IQE is unparalleled within the compound semiconductor industry.

LATEST NEWS :
RNS Number:8494E
IQE PLC
04 November 2004
IQE secures major outsourcing contract with leading RF component manufacturer
IQE's North American subsidiary, IQE Inc, today announced it has secured a major
outsourcing contract to supply a leading North American RF Component
Manufacturer with epitaxial materials for its RF based components used in mobile
handsets. The agreement, which is effective from 1st November 2004 and is for a
minimum term of two years, renewable annually thereafter, provides for IQE's
Bethlehem site to supply more than 90% of the customer's anticipated demand for
their advanced RF wafer products and is estimated to be worth around US$25
million in revenue to IQE over the initial two year period. As a result of the
agreement, internal wafer manufacture at the customer's site will cease. Both
parties have been working closely together for several years; a relationship
through which IQE has gained a high degree of confidence in its own ability to
service the outsourced epiwafer needs of major manufacturers.

IQE's President & CEO, Drew Nelson said "This agreement with such a prominent
global supplier of RF components for the cellular phone market demonstrates a
clear movement towards the outsourcing model within the compound semiconductor
industry. Their selection of IQE as the primary partner, as a result of our
large and comprehensive production capacity, and low cost structure, endorses
the Company's commitment to the outsource model"

A spokesman for the customer commented: "outsourcing certain products and
services such as the manufacture of our RF epitaxial wafers allow us to
concentrate our efforts on the processes that add significant value to our
product offering within the global, highly competitive RF market place and we
are pleased to build on previous work we have undertaken with IQE. This
agreement will allow us to be one of the most highly cost effective players in
the RF component marketplace"

Tradeshows
IQE actively participates in a wide range of tradeshows, conferences and seminars throughout the World.
IQE will be participating in the following forthcoming trade event:
--------------------------------------------------------------------------------
EVENT LOCATION DATE
--------------------------------------------------------------------------------IEDM 2004 San Francisco, CA 07 Dec 2004
(05 November 2004)
The Company was notified today by Canada Life Limited, that following the
purchase of 2,000,000 ordinary shares of 1 pence each in the Company ("Ordinary
Shares") at 11.6 pence each, Canada Life Marketing Group is now interested in
14,551,156 Ordinary Shares. These Ordinary Shares represent 4.6 per cent. of the
issued share capital of the Company.

(20 October 2004) Scottish Widows Investment Partnership Ltd on
behalf of Lloyds TSB Group plc and its subsidiary companies, that they are
interested in 24,020,662 ordinary shares of 1 pence each in the Company
("Ordinary Shares"). Of this interest, 22,039,762 Ordinary Shares are material
interests, which represent 6.98 per cent of the Company's current issued share
capital.

Director Holdings :
Dr Drew Nelson 26,724,636 (5 Nov 2003)
Dr Michael Scott 26,157,970 (5 Nov 2003)
Martin Lamb 3,775,584 (5 Nov 2003)
Dr Godfrey Ainsworth 1,627,020 (20 Oct 2004).

Buy Note published by House Broker Evolution Beeson Gregory on 04.11.04 :

Evolution Securities 100 Wood Street, London, EC2V 7AN 020 7071 4300
Evolution
SECURITIES
www.evosecurities.com 4 November 2004
IQE (IQE) Buy
Mkt cap: 36m Net cash: 11m Contract win Price/Target: 11p/15p
Breakthrough contract win
IQE has announced that it has won a $25m two year outsourcing deal
with a leading US RF component manufacturer. This is a genuine
breakthrough for IQE it gives us the confidence needed to raise our
target price to 15p
IQE have won a major outsourcing contract with a leading US Radio Frequency
wireless/mobile components company. The contract has a minimum term of
two years and an initial value of $25m. This is one of the four contracts that
management were referring to at the time of the fund raising in November
2004. The other three do not appear to be close to signing at present but the
list of potential customers is still there and management continue to talk to
other parties. This contract win proves that there is a market for wholesale
outsourcing of epitaxy and we expect others to follow but not in the
immediate future.
We estimate the split to be $10m:$15m between year one and year two. The
contract involves the closure of the customer's facilities and because of the
sensitive nature of this the identity of the customer has not been announced.
We are not changing our forecasts. This $10m for the first year is already in our
27.2m revenues estimate for next year. It is worth noting that because the
contract is with an existing customer there is an element of revenue substitution
in this contract. However, this announcement does mean that we are
considerably more comfortable with the forecasts than we were.
If more contracts come through, the revenues should go straight into our
forecasts. We would not expect the other contracts to be as substantial as this
but given the marginal loss/profit scenario we have forecast for next year their
effect on earnings could be significant.
As a result of this announcement we have increased confidence in the forecasts
and so we are increasing our share price target to 15p.
Ian Robertson +44 (0)20 7071 4463 ian.robertson@evosecurities.com EVO Securities is broker to IQE
Year end Sales (m) EBITDA (m) PTP (m) EPS (p) PER (x) Yield (%) EV/Sales (x) Revised?
12/03A 18.8 -11.3 -12.8 -6.2 - - 1.3
12/04E 17.1 -8.3 -9.9 -3.1 - - 1.5 No
12/05E 27.2 0.4 -1.5 -0.5 - - 0.9
21. 75 1 5/1 0/03 LOW 2 .20 11/ 3/0 3 LAST 8 .50 Source: DATASTREAM

8 Press Mentions + 1 Buy Note in the last 24 hours :

PRESS MENTIONS ON BACK OF CONTRACT WIN ANNOUNCED ON 04.11.04

Press Mention : Daily Mail Newspaper.
News of a $25m US contract pushed chip materials manufacturer IQE up 3p at 11.75p.
--------------------------------------------------------------------------------------
Financial Times :
UK EQUITES
By Michael Neill and Chris Flood
Shares in IQE jumped 34.3 per cent to 11.75p after the semiconductor components group secured a major outsourcing contract with a leading North American components manufacturer, esitmated to be worth $25m over two years
-------------------------------------------------------------------------------------
From Bloomberg, USA, tonight :
Nov. 4 (Bloomberg)
IQE Plc (IQE LN) rose 3 pence, or 34 percent, to a six-month high of 11.75 pence. The company, which manufactures wafers used to make silicon chips, won a $25-million contract to provide an unidentified U.S. company with components for mobile-phone handsets.
-------------------------------------------------------------------------------------
AFX News on Yahoo! Finance :
London shares - closing features
Other risers
IQE (LSE: IQE.L - news) 11.75 up 3.00
Company unit wins US outsourcing contract worth 25 mln usd over 2 yrs
-------------------------------------------------------------------------------------
ShareCast on Yahoo! Finance :
It was better news for IQE (LSE: IQE.L - news) which has picked up a $25m 2-year deal with a US company to supply epitaxial materials.
-------------------------------------------------------------------------------------
Press Mention : Times Newspaper.
November 05, 2004
Smaller stock to watch
IQE, the maker of wafers for the semiconductor industry, leapt 3p to 11p on winning a $25 million (13.5 million) two-year outsourcing contract from an unnamed US radio-frequency components maker. The deal is the first to materialise of four referred to at last years 18.75 million fundraising, and has provided confidence in the wholesale outsourcing market. Evolution Securities has raised its price target from 10p to 15p.
-------------------------------------------------------------------------------------
Press Mention : Guardian Newspaper.
On Aim, semiconductor company IQE rose 3p, or 35%, to 11.75p after its North American subsidiary secured a deal worth $25m (13.5m) to supply chips for mobile phones over the next two years. At last night's close, IQE was valued at just 37m.
--------------------------------------------------------------------------------------
Press Mention : The Sun Newspaper.
Outside the Footsie, semiconductor specialist IQE surged 3p to 11.75 on a contract win.
--------------------------------------------------------------------------------------
Buy Note published by House Broker Evolution Beeson Gregory on 04.11.04 :

Evolution Securities 100 Wood Street, London, EC2V 7AN 020 7071 4300
Evolution
SECURITIES
www.evosecurities.com 4 November 2004
IQE (IQE) Buy
Mkt cap: 36m Net cash: 11m Contract win Price/Target: 11p/15p
Breakthrough contract win
IQE has announced that it has won a $25m two year outsourcing deal
with a leading US RF component manufacturer. This is a genuine
breakthrough for IQE it gives us the confidence needed to raise our
target price to 15p
IQE have won a major outsourcing contract with a leading US Radio Frequency
wireless/mobile components company. The contract has a minimum term of
two years and an initial value of $25m. This is one of the four contracts that
management were referring to at the time of the fund raising in November
2004. The other three do not appear to be close to signing at present but the
list of potential customers is still there and management continue to talk to
other parties. This contract win proves that there is a market for wholesale
outsourcing of epitaxy and we expect others to follow but not in the
immediate future.
We estimate the split to be $10m:$15m between year one and year two. The
contract involves the closure of the customer's facilities and because of the
sensitive nature of this the identity of the customer has not been announced.
We are not changing our forecasts. This $10m for the first year is already in our
27.2m revenues estimate for next year. It is worth noting that because the
contract is with an existing customer there is an element of revenue substitution
in this contract. However, this announcement does mean that we are
considerably more comfortable with the forecasts than we were.
If more contracts come through, the revenues should go straight into our
forecasts. We would not expect the other contracts to be as substantial as this
but given the marginal loss/profit scenario we have forecast for next year their
effect on earnings could be significant.
As a result of this announcement we have increased confidence in the forecasts
and so we are increasing our share price target to 15p.
Ian Robertson +44 (0)20 7071 4463 ian.robertson@evosecurities.com EVO Securities is broker to IQE
Year end Sales (m) EBITDA (m) PTP (m) EPS (p) PER (x) Yield (%) EV/Sales (x) Revised?
12/03A 18.8 -11.3 -12.8 -6.2 - - 1.3
12/04E 17.1 -8.3 -9.9 -3.1 - - 1.5 No
12/05E 27.2 0.4 -1.5 -0.5 - - 0.9
21. 75 1 5/1 0/03 LOW 2 .20 11/ 3/0 3 LAST 8 .50 Source: DATASTREAM

IQE, the chips material manufacturer, jumped 3p to 11 3/4p after its North American subsidiary secured an outsourcing contract worth 13.6m over two years. With more than 10m cash in the bank, analysts believe the stock still looks cheap.

http://www.thisislondon.co.uk/news/business/articles/timid84334?source=

Shares in IQE jumped 34.3 per cent to 11.75p after the semiconductor components group secured a major outsourcing contract with a leading North American components manufacturer, esitmated to be worth $25m over two years.

http://feeds.bignewsnetwork.com/?sid=ea07724c2f0973ed

Review of Today :

Level 2 closing at 2 v 2 with EVO and KLWT on the bid and WINS and MLSB on the offer.

Large buys will continue to come into next week as long as the KLWT on the bid and WINS on the offer combination continues...as things stand thats how the way it is so more large buy orders that need to be filled are in the pipeline.

All profit taking : more like loss taking out of the way today which is very good with the price obviously holding onto its gains from yesterday.

Here comes another large buy : 250,000 T BUY comes through at 12.25 pence.

KLWT picked up 2 million shares today :

500,000 T BUY came through at 12.00 pence
250,000 T BUY came through at 12.25 pence

KLWT stil have 1.25 million shares for someone.

Here comes another : 250,000 O BUY comes through at 12.25 pence.

1 Million bought by someone now today : KLWT have 1 million shares left now for someone.

Here comes another : 250,000 VW BUY comes through at 12.25 pence

Someone has bought 1.25 million shares now today : KLWT have 750,000 shares left for someone.

Now does anyone else remember the shanigans by WINS this morning...constantly bringing the offer to 12.25 and 12.50 pence. The above buys was the reason as to why.

I'd lay odds on press comment at the weekend and a further rise next week - this is due to reach mid teens before too long, as it's a good company with (strange in these times) a board who tell it like it is.
They've been honest when trading wasn't going well. Now they're saying it is going well. They also say they've been progressing towards orders with a number of far eastern customers. They also say they're targetting ebitda break-even on a month-by-month basis by their year end. Given the order this week and the attention that has brought, and the positive statement that accompanied it, why would anyone except an extremely short term trader want to get out of these?

MMs picked up 2 million shares at 11.50-12.00 pence and sold them at 12.00-12.25 pence....that's how it works...the MMs made their profit as well. Now another question with a 1.25 million buy order in the background at fixed prices how the hell can the price go pass those prices that the buy order is fixed at without them buys being filled first.

As I said earlier WINS and KLWT combination closed like that on Level 2...so as long KLWT stay alone on the bid and WINS alone on the offer - it means more larger buys are in the pipeline.

News out Today :

The 2 million buy yesterday at 11.61 pence was Canada Life Limited (see below) :

RNS Number:8998E
IQE PLC
05 November 2004


IQE plc ("the Company"

Holding in the Company





The Company was notified today by Canada Life Limited, that following the
purchase of 2,000,000 ordinary shares of 1 pence each in the Company ("Ordinary
Shares" at 11.6 pence each, Canada Life Marketing Group is now interested in
14,551,156 Ordinary Shares. These Ordinary Shares represent 4.6 per cent. of the
issued share capital of the Company.



05 November 2004



This information is provided by RNS
The company news service from the London Stock Exchange

END
HOLUUGACGUPCURA

Another nice day for the US Markets :

Blue chips end higher in third straight day of gains

NEW YORK (AFX) -- Blue chips ended higher Friday to put in their best weekly
gain since March 2003 and the Nasdaq turned higher for the year for the first
time in four months, boosted by a clear-cut election result, a decline in oil
prices and a glowing October employment report. The Dow Jones Industrial Average
rose 72 points to an unofficial close of 10,387 to end up around 3.6 percent on
the week. The Nasdaq Composite Index climbed 16 points, to 2,039, with the
tech-rich gaining 3.2 percent on the week. The S&P 500 Index gained for the
ninth straight session in a row to end the week at a 2 1/2 year high. The broad
gauge was up 4.43 points, at 1,166.10.
This story was supplied by CBSMarketWatch. For further information see
www.cbsmarketwatch.com.

Chip Sector becoming HOT again :

Nvidia, the world's biggest maker of computer-graphics chips, increased $2.27 to $17.68. The 15 percent gain was the second-largest in the S&P 500. Third-quarter net income rose to 15 cents a share on revenue of $515.6 million, the company said. Analysts expected profit of 9 cents a share on sales of $509.2 million, according to the average forecast in a survey by Thomson Financial.

An index of 19 chipmakers climbed 1.4 percent for the biggest increase among 24 groups in the S&P 500. Intel Corp., the world's biggest maker of semiconductors, added 30 cents to $23.18. Texas Instruments Inc., the No. 1 maker of mobile-phone processors, climbed 39 cents to $24.65.

Talking of chips for handsets:

Nokia issued a trading update yesterday:
it forecast a 10% rise in global handset sales volumes in the coming year. The companys current market share is around 33%.

"In 2004, China will produce 18.5 billion chips, which will account for only 22.1 percent of its domestic demand. In 2002, the country produced 9.6 billion chips, which accounted for just 21.5 percent of domestic demand, according to the research firm"

dd Nov 2nd

http://www.eet.com/semi/news/showArticle.jhtml?articleId=51202503

I have read threw the new thread it is very good Sue.

Thanks John...I'm sure the next four months will be very prosperous leading up to the full year results in March 2005.

Ramp alert !

A spokesman for the unnamed customer said:...

http://tinyurl.com/3t3z5

The key thing about Thursday's RNS announcement is that it validates the outsourcing model which is central to IQE's strategy. Here is an excerpt from the article in above link:

IQE's chief executive, Drew Nelson, said the new deal endorsed the company's strategy.

"This agreement with such a prominent global supplier of RF components for the cellular phone market demonstrates a clear movement towards the outsourcing model within the compound semiconductor industry," he said. "Their selection of IQE as the primary partner, as a result of our large and comprehensive production capacity, and low cost structure, endorses the company's commitment to the outsource model."

I feel our glory days are ahead of us we have the technology in place just now to steal a march on our competitors and the continued research with the help of government funding is going to put us in the forefront some exciting developments in the years to come.

Re : Government Funding

18M nanotechnology cash from UK government shared by Taylor Hobson, IQE, Applied Multilayers, University of Huddersfield, and NPL

06 Sep 2004

IQE is part of a UK consortium alongside Taylor Hobson and Applied Multilayers, who are to take part in a new, UK government project to develop new nano metrology technologies with a share of an 18million UK government grant to fund research and product development. Other partners include: National Physical Laboratory, Teddington, and The Centre for Precision Technologies at The University of Huddersfield.

The UK-based consortium has been awarded funding in excess of 1 million for Semiconductor and Optical Layer Analysis and Definition using Interference Microscopy (SOLADIM). The aim of the programme is to help develop measurement techniques and international specifications for surface texture measurement of epitaxial wafers and thin film coatings.

The project will be co-ordinated by the lead partner, Taylor Hobson, who will provide the Talysurf CCI non-contact measurement solutions for the demanding applications of IQE and Applied Multilayers. The Talysurf CCI is the enabling technology that will allow the establishment of international standards for nano-surface roughness.

The grants are part of the Governments drive to help companies, research organisations, and universities exploit potential applications for new technology so that the UK can be a technology leading country. It is estimated that the global market for nano technology could be $1 trillion within the next decade.

http://www.iqep.com/news/news_sep_06_04.htm

"It is estimated that the global market for nano technology could be $1 trillion within the next decade".

News on nano technology :

Memories may mark early beachhead for nanotech

By Rick Merritt
EE Times
November 05, 2004 (10:36 AM EST)

SAN JOSE, Calif. Nanotechnology is moving forward on many fronts with semiconductor memories expected to be one of its first major beachheads in electronics.

That was the conclusion of a day-long conference sponsored by market watcher Semico Research Corp. here Thursday (Nov. 4). "We think nanotech represents the next phase of Moore's Law, and it is creating an interdisciplinary renaissance," said Steve Jurvetson, managing director at Draper, Fisher Jurvetson (Menlo Park, Calif.). Since 2000, the venture capital firm has invested about $80 million in some 20 companies broadly in the field.

"It is hard to think of an industry that won't be revolutionized by nanotech in the next 50-100 years, including everything from agriculture on out," he said in a keynote here.

Jurvetson defined nanotech as anything working at 100 nm and below in the area where life sciences, materials science and electronics come together. "This is at the nexus of the sciences," he added.

Nanotech startups range from developers of basic materials and tools to suppliers of novel thermal management technologies and optoelectronics components. Several players are queuing up to deliver novel nanotech memories by 2007.

"In electronics, memory is the first place nanotech plays out in a big way," said Jurvetson.

LSI Logic is developing an embedded memory for its ASICs using the carbon nanotube based technology from startup Nantero Inc. (Woburn, Mass). LSI believes it could use the technology to embed more than 30-Mbits fast memory on an integrated cellphone processor, the current embedded memory limit due to power leakage and yield problems with conventional memories, said Norm Armour, vice president of LSI's fab operations in Gresham, Ore.

"It's a couple years out bit it looks very promising. The promises of single-wall nanotubes are almost too good to be true," said Armour.

Bob Merritt, Semico's vice president of emerging technologies, said by 2007 several companies will deliver nanotech-based nonvolatile memories with SRAM-like speeds and DRAM-like densities. The parts especially when combined on-chip with high performance logic could offer dramatic new capabilities to wireless devices, microprocessors, ASICs and a range of fabless semiconductor makers.

"We foresee a new paradigm of performance well beyond what could be forecasted by Moore's Law," said Merritt.

Indeed, current memories were architected with PCs in mind, while today's high volume cellphones stack DRAM, SRAM and flash die in an effort to meet their memory needs, said Avo Kanadjian, vice president of marketing for Nantero that plans to sample Mbit-class memories in 2005.

"The performance of ASICs and SOCs are definitely limited by the performance of DRAM and flash," he said.

For its part, Axon Technologies Corp. (Tempe, Ariz.) said it will deliver a very low power nonvolatile DRAM as a discrete chip by early 2007. "If we don't have a new memory out I that time frame we will miss the bus and be doomed," said Michael Kozicki, chief technology officer and founder of Axon.

Freescale Semiconductor Inc. is sampling its magnetic RAM in Mbit densities now. It expects users to qualify discrete parts starting next year for applications replacing battery-backed SRAM and flash/SRAM combinations, said Saied Tehrani, Freescale's director of MRAM.

"The need for a new memory architecture is very real. This is something all semiconductor manufacturers are currently looking at," said Salvatore Coffa, a director of research at STMicroelectronics focused on optoelectronic and post-silicon technologies.

ST is working on a variety of nanotech-based components including opto-couplers, DNA microarrays and LED replacements that could offer more tightly focused light beams and lower costs than today's products. The company is also working with a European consortium on polymer electronics based on nanotech that could deliver KHz range devices at very low costs.

Other areas where nanotech will start to have a significant impact in the next three to five years include solar cells and novel battery types such as fuel cells, said Jurvetson.

http://www.eet.com/semi/news/showArticle.jhtml;jsessionid=FGPCL1W51QTQCQSNDBESKHA?articleId=52200086

For newcomers this is a useful article which describes the pros and cons of epiwafer outsourcing. The pink bits are the bits that IQE does.

http://www.compoundsemi.co.uk/White%20Paper_%20III-V%20outsourcing.pdf

Compound Semiconductors Online Website :

IQE Scores $25M RF Epiwafer Outsource Contract
November 4, 2004...IQE's North American subsidiary, IQE Inc. of Bethlehem, Pennsylvania USA has announced that it has secured an outsourcing contract to supply a leading North American RF Component Manufacturer with MBE-grown epitaxial materials for the customer's RF based components used in mobile handsets. The agreement, which has just gone into effect, and is for a minimum term of two years, and is estimated to represent $25 million in projected revenue for IQE for those initial two years. The contract amounts to supplying more than 90% of the customers anticipated demand for their advanced RF wafer products. The unnamed customer has been working with IQE for years and their second source contract is deemed to be a positive sign of a definitive upswing for IQE, a company currently with a total of approximately 200 employees, and a good sign for the international RF epiwafer foundry houses in general.

IQE's President & CEO, Drew Nelson remarked on the occasion of announcing the contract that, "This agreement with such a prominent global supplier of RF components for the cellular phone market demonstrates a clear movement towards the outsourcing model within the compound semiconductor industry. Their selection of IQE as the primary partner, as a result of our large and comprehensive production capacity, and low cost structure, endorses the Company's commitment to the outsource model."

http://www.compoundsemi.com/news/

"their second source contract is deemed to be a positive sign of a definitive upswing for IQE"...they've already had one contract from the company who they've just announced the contract with before.

That sentence is not included in our RNS. Definitive upswing for IQE - nice.

Price should continue upwards -EVO stick glue will be surprised again if IQE announce another contract win very soon as its clear that this great win of last week took them by surprise.The main thing is that the outlook for IQE is bouyant and last time they gave an upbeat outlook this went from 8p to 20p+ and there is more reason for this to happen again as the recent contract win clearly shows that they will win more contracts .ARM HOLDINGS and other related chip companies have beaten city forecasts due to this very reason (greater sales and outlook better).

Cheers suehelen you have been very busy, Shares mag should give you a ring and do an update. They said buy, then sell, and i thought to myself they some times get it wrong and there must have been something there in the first place. a GREAT GAMBLE BY ME.

Afternoon Kivver, maybe we may get a new write up printed in Thursday's issue with a buy rating....fingers crossed. With no doubts from themselves this time round as well.

Background on Canada Life Limited :

RNS Number:7307R
IQE PLC
05 November 2003

IQE plc ("the Company")
Holding(s) in Company

The Company was today notified by Canada Life Limited that, following the
Company's placing and open offer announced on 7 October 2003 ("Placing and Open
Offer"), Canada Life Marketing Group is now interested in 12,551,156 ordinary
shares of 1p each in the Company ("Ordinary Shares"), representing 4.0 per cent.
of the issued share capital of the Company.

-------Canada Life Limited bought 12,551,156 shares in the fundraising this time last year at 15.00 pence....they have held onto all the shares over the year and with this encouraging contract win announced on Thursday they bought another 2 millions shares on Thursday to take their holding to 14,551,156 Ordinary Shares.

It seems that Canada Life Limited have got a lot of faith in IQE and won't be reducing their holding at these prices but are actually looking to increase their holding at these prices and are taking a long term view with these. And why shouldn't they, there is no reason why these cannot get to the 1.00-1.50 levels over the next 18 months.

Beginning to warm to this one.

From what Ive heard from a few city freinds, they have 3 other contacts to be signed.

They are not as big as the one signed the other day I hear, but still they will be signed come 2005.

Hope things go well Sue Helen and pals.

cheers GF.

we took a hit today.but great chance to get in again at 11.50

ramp , ramp , ramp .....

dil! why are you suggesting this is a ramp

Because thats my opinion.

Go do some research , try the FBB on ADVFN for starters - Sue posts as Optimist23 on there ..... but you probably alraedy know that.

Good luck , you may need it if everyone jumps before you.

And I know a few current and ex employees ... one is a close relative.

Some more large buys filled at 11.50 pence towards close....Easy money and profit for the MMs again...picked up the stock from peeps at 10.50 pence and sold them at 11.50 pence to the large buyers about.

250,000 T BUY at 11.50 pence
100,000 T BUY at 11.50 pence.

Someone had an order in to purchase 350,000 shares and it was filled in the above quantities. The MMs picked up about 350,000 shares at 10.50 pence.

Incidentally, Level 2 stayed strong since lunchtime at 4 v 1.

what do you maKe of dils comments sue helen

I have him on squelch since this summer thesaurus as has been on deramping mode on most of my stocks here and on ADVFN. I take the person's comments with a pinch of salt.

good to hear.

a 35% rise says it all. That was some ramp suehelen, lol. can you do a few more of em and make us even richer.

Sue Helen doesn't like the truth , probably doesn't even know what truth is.

These have a Korean branch like QTR Sue ?

Oh and Kivver , since this thread started the share price has FALLEN dipstick so anyone buying in on the back of it is out of pocket !

sue helen now would be a good time to say something

Hi thesaurus, I increased my holding at 10.07 pence today.

Another large buy came through today from the large buys that MMs have got on their books to put through :

250,000 T BUY reported at 10.25 pence.

More mugs gave their shares away too cheaply to the MMs today and the big boys hence got theirs cheaper.

"WINS cannot stay still"

Happened on Friday when after close :

250,000 buy came through at 12.25 pence
250,000 T buy came through at 12.25 pence
250,000 VW buy came through at 12.25 pence
500,000 T buy at 12.00 pence before close

WINS could not stay still yesterday as well :

250,000 T buy came through at 11.50 pence
100,000 T buy came through at 11.50 pence

WINS could not stay still today as well :

250,000 T BUY came through for today at 10.25 pence at a time of 16.14 hrs.

MMs picked up 250K shares at 10.25-9.75 pence by panicking investors into selling and hence filled the 250,000 BUY at 10.25 pence....still some profit for them. That buy had to be filled at 10.25 pence hence WINS were up and down like a monkey with the offer price at 10.25 and 10.50 pence.

Compound Semiconductor.Net

IQE wins contract worth up to $25 million
8 November 2004

A pioneer of the outsourcing model, epiwafer provider IQE has agreed a two-year deal that could be worth up to $25 million with a US RF component manufacturer.

UK-based epiwafer supplier IQE has won a contract, potentially worth up to $25 million, with an undisclosed US RF component manufacturer.

The two-year deal is effective from 1 November. It involves IQE supplying over 90% of the anticipated demand for the customer's epitaxial material, which is used to produce components for mobile handsets.

IQE's customer, which it has worked with for several years, will now cease epiwafer manufacture at its own site. The epiwafers will instead be produced at IQE's US site, located in Bethlehem, PA, which specializes in MBE growth.

"This agreement with such a prominent supplier of RF components for the cellular phone market demonstrates a clear movement towards the outsourcing model within the compound semiconductor industry," remarked Drew Nelson, IQE's CEO.

IQE's recent annual revenue has been in the region of $30 million, and so this deal could increase the company's top-line figure by up to 40 percent.

http://compoundsemiconductor.net/articles/news/8/11/6/1

"IQE's recent annual revenue has been in the region of $30 million, and so this deal could increase the company's top-line figure by up to 40 percent".

The above bit is new in that it had not been included in any earlier press mentions.

Emcore :

Emcore is a us player; it also got a contract to supply epitaxial wafers to a RF devices manufacturer (back in August), see also:

http://www.emcore.com/product/electronic.php

so their forward guidance (4 Nov) may be relevant to iqe

"Reuben F. Richards, Jr., President and CEO of EMCORE Corporation, stated We are encouraged with the quarterly results. Revenues came in above guidance and we realized the operating efficiencies we guided to in last quarters conference call. Our number one goal continues to be achieving cash flow profitability. Our focus on reducing costs of goods and improving operating efficiencies places us on track to achieve cash flow break even on an operating income basis for the quarter ending March 31, 2005. Revenues for the first quarter of Fiscal 2005 are expected to be in the $26-$27 million range.

http://www.emcore.com/news/release.php?id=100

hi sue helen i know dont like talking about cfp but do you think that with the price so low it is a perfect time to top up and have you done so yourself

Hi thesaurus, I have answered your question on the CFP thread.

During the last four years, an update on trading has been announced in November...We should be getting a trading statement sometime soon.

Is it going to be a case of the big boys buying in heavily again before the trading update comes. The big boys were filling their boots at 8.5-9.5 pence days and weeks before the contract news came as well at the expense of retail investors who either couldn't spot that those large trades were buys or were just too blind to take notice of the trades going through. Some of us did spot them and bought in at 9.00 pence whilst the large buys were going through. Hence I put an emphasis on analysing the trades that go through along with the MM games. With a trading update due, don't you think now that the drop today and yesterday has been deliberate by the MMs so that they can fill the large buys on their books and get hold of any extras if they can.

The imminent trading update could be most positive one from IQE that has come before the final results in March 2005.

thanxs sue helen

promising.

Re : on the project funded by the Government announced in September 2004.

ElectronicsWeekly.Com


Resources Zone: R&D


by Melanie Reynolds

Friday 17 September 2004

Microscopy keeps UK chip firms in front



A project being funded 1m from the Government will help keep compound chip firm IQE ahead of its field, according to Chris Meadows, IQE's head of marketing.

"From a technology point of view it's very important because it keeps us in the forefront of technology," said Meadows. "As new tools and techniques develop it means we're keeping up with it, rather than retrospectively getting involved."

IQE is part of a UK consortium formed of Taylor Hobson, Applied Multilayers, National Physical Laboratory, and the University of Huddersfield which will all take part in the project.

The 'Semiconductor and Optical Layer Analysis and Definition using Interference Microscopy' (SOLADIM) project will aim to develop measurement techniques and international specifications for surface texture measurement of epitaxial wafers and thin film coatings.

"We currently produce epitaxial layers and analyse the quality of these materials, but there are limitations to what you can measure, purely because of the current analytical techniques available," said Meadows.

"Under this project there'll be new techniques and tools developed to allow us to take that to the next generation," he said.

The GaAs market

The Gallium Arsenide (GaAs) microelectronics industry is forecast to grow by seven per cent a year from 2003 to 2008, according to research firm Strategy Analytics.

The worldwide GaAs device market will grow from $2.7bn in 2003 to reach $3.7bn in 2008, and mobile phones will still account for a third of the market in 2008.

http://www.electronicsweekly.com/articles/article.asp?liArticleID=37424&liArticleTypeID=8&liCategoryID=1&liChannelID=109&liFlavourID=1&sSearch=&nPage=1

More mentions about the contract announced on Thursday last week :

ElectronicsWeekly.Com

by Alex Mayhew-Smith

Monday 8 November 2004

IQE wins $25m US contract



Welsh epitaxial wafer firm IQE has secured a deal to manufacture epitaxial materials for an unnamed RF component firm in North America.

IQE said the deal was worth $25m in an arrangement which would last for a minimum of two years. Any continuation of the arrangement will be negotiated after that time.

The firm's site in Bethlehem, Pennsylvania will supply more than 90 per cent of customer's demand for its RF wafer products. The products are used in mobile handsets, said IQE.

IQE's president and CEO, Drew Nelson, said: "This agreement with such a prominent global supplier of RF components for the cellular phone market demonstrates a clear movement towards the outsourcing model within the compound semiconductor industry."

It is welcome news for IQE that has been struggling recently with losses. The firm has long been saying that an increasing shift to an outsourcing model would benefit the company.

http://www.electronicsweekly.com/articles/article.asp?liArticleID=37951&liArticleTypeID=1&liCategoryID=1&liChannelID=106&liFlavourID=1&sSearch=&nPage=1

Well done to Sue Helen and myself, when i started the original thread (iqe a recovery share) on the 16th August the SP was 7p and reached a high of 12.4 a couple of days ago, a rise of 77% in 2 months. Not bad eh suehelen, lets hope other people following the thread saw the great opportunity we did. I know im laughing all the way to the bank. You know what makes me laugh even louder some people have accused you of ramping!lmao.Hahahahahahaha

9.75-10.75 pence

Double tick up on the offer this morning. WINS can't wait to get the price back up now after orchestrating the shake yesterday and the day before.

9.75-11.00 pence

Tick up on the offer. Very large buy has come through for 258,794 shares at 10.38 pence. Did iterate several times that large buy orders on the MMs books.
100,000 buy has also come through at 10.37 pence....

500,000 X trade reported at 10.50 pence. cross trade = 500,000 shares transferrred from one person to another at a price of 10.50 pence.

Retail buying has increased greatly since the 258,794 buy was reported at 10.38 pence.

9.75-10.75 pence...tick down on the offer.

That's only because more larger buys are being filled in the background at set prices around this level.

Stat :

EVO (housebroker of IQE) filled Canada Life's Limited 2 million buy last Thursday at 11.61 pence. When they were filling that buy it was the same as it is now on Level 2...ie. EVO on the bid and WINS on the offer. EVO are buying and WINS are selling.

2nd large buy of the day around 10.50 pence as mentioned earlier may have been filled now with WINS moving up to 11.00 pence on the offer on no buys at the time of the tick up. Will come through as a T buy trade later.

Here it comes...500,000 T buy comes through at 10 pence.

The 500,000 buy order was given to the MMs when the price was 9.75-10.25 pence at the open in the morning....hence quite early on the price got up to 10.50 pence on the offer on about 100K on buys. The 500,000 buy was the reason why, the 500,000 buy was filled by EVO during the day and put through as T trade again towards close.

Need to update my list of T buys...somebody has been buying big over the last few days.

Tomorrow will be interesting now....if the buyer has finished buying then WINS wont be dominating on the offer price hence the price will be able to rise nicely and the spread will not be as wide as well.

Well done to Me. When i started the original (recovery share iqe) thread on the 16th August the SP was 7p and reached a high of 12.4 a couple of days ago, a rise of 77% in 2 months. Not bad eh suehelen, lets hope other people following the thread saw the great opportunity we did. I know im laughing all the way to the bank. You know what makes me laugh even louder some people have accused you of ramping!lmao.Hahahahahahaha. I really wonder who the dipstick is....

We may have another instituition buying :

Thursday 04.11.04:

2 Million buy at 11.61 pence - belongs to Canada Life Limited
4 Million buy at 11.41 pence

Friday 05.11.04:

500,000 T buy at 12.00 pence
250,000 T buy at 12.25 pence
250,000 O buy at 12.25 pence
250,000 VW buy at 12.25 pence

Monday 08.11.04:

250,000 T buy at 11.50 pence
100,000 T buy at 11.50 pence

Tuesday 09.11.04:

250,000 T buy at 10.25 pence

Wednesday 10.11.04:

258,974 buy at 10.38 pence
500,000 X trade at 10.50 pence - transfer of 500,000 shares from one instituition to another.
500,000 T buy at 10.00 pence.

10.00-11.00 pence

Up on the bid.

EVO and WINS on the bid. Looks like a chunky buy has been taken.

With WINS on the bid now after being on the offer for 4 1/2 trading sessions, we are finished with the large buy orders for now but we may get one that comes through later today.

Soitec (F):

"First-half year results of the financial year 2004-2005 will be announced on Tuesday, November 16, 2004 after the Paris Stock Exchange closes."

That should be a pointer IMO, especially on prices
Last time they said:

"In the light of the strong demand for SOI wafers selling prices remained firm during the first half. "

http://www.soitec.com/en/news/pr93.htm

Large buy comes through for 130,287 shares at 10.65 pence.

10.25-11.00 pence.

Tick up on the bid.

100,000 buy has come through at 10.65 pence.

"9.75-10.75 pence...tick down on the offer.

That's only because more larger buys are being filled in the background at set prices around this level."


And I suppose that when the bid ticks up its due to large sells being filled in the background ????

You don't half talk some sh*te Sue !

Mostly encouraging but the below is from the last set of results I gather, the next set of results will be announced next Tuesay. It seems they about the same level as IQE, outlook sort of the same as IQE :

Soitec reports record sales for the 2nd quarter and for the half-year 2004-2005

- Soitec reports record sales for Q2 2004-2005 of 33.8 million Euros
- First half 2004-2005 consolidated sales increase 55.7% to 66.4 million Euros
- H1 2004-2005 operating profit expected almost at breakeven


Positive Outlook

Growth in first half-year sales, as well as a one-time benefit of 4 million U.S. Dollars, or 3.3 million Euros, from Silicon Genesis Corporation relating to damages for patent infringement, will favourably impact the Groups overall profitability. An operating margin almost at breakeven should be expected.

The Group confirms that its 300-mm manufacturing margin for the first half benefited from the strong volume increase, and as a result confirms that breakeven will be achieved in the coming months.

Concerning full-year sales, the Group anticipates annual year-on-year growth similar to the first half if the current exchange rate remains unchanged. The group will provide full-year operating results guidance with the half-year results release.

Reporting Calendar

First-half year results of the financial year 2004-2005 will be announced on Tuesday, November 16, 2004 after the Paris Stock Exchange closes.

http://www.soitec.com/en/news/pr93.htm

Large buy for 200,000 shares has just come through at full offer price of 11.00 pence.

3G handsets in 2005: sector news

"With regard to the 90-nm manufacturing process node, Denis Griot, Freescale's European general manager, told a press conference held at the Munich exhibition complex: "We are clearly the leader of the Alliance in taping out." He also said: "We have taped out basebands in CMOS90. The silicon has come out first time right. One of these will be in a production handset in the first quarter of 2005."

http://tinyurl.com/5behb

Another very large buy comes through : 270,000 shares buy at 10.70 pence.

10.50-11.00 pence

Up on the bid.

As KLWT are alone on the bid....I reckon they are filling another large buy....but the one they are currently filling will most likely be reported as a T buy later on towards close at a price of 10.70-11.00 pence.

PS. KLWT filled the 4 million buy on Thursday last week at 11.42 pence.

Coincidence :

EVO picked up exactly 270,000 shares today from retail investors at 10.34 pence. And a 270,000 buy gets filled at 10.70 pence.

Re : my posts during the week about larger buy orders on the MMs books.

The 50,000 trade reported just now at 10.70 pence is a buy, can still buy at 10.70 pence online - trade has gone in the sell column.

Ice cream and epiwafers anyone?

250,000 T buy came through at 10.50 pence towards close.

KLWT filled the 250,000 T buy but at 10.50 pence re- post in the morning about the chunky buy - this was the one for the sudden leap first thing in the morning on the bid.

EVO had one buy order to fill - 270,000 buy at 10.70 pence and KLWT had one buy order to fill as well - 250,000 T buy at 10.50 pence.

Correct distinction between buys vs sells at close :

Buys = 1,280,574
Sells = 317,512.

Larger buys of the day :

130,287 buy at 10.65 pence
100,000 buy at 10.65 pence
200,000 buy at 11.00 pence
270,000 buy at 10.70 pence
250,000 T buy at 10.50 pence.

We may have another instituition buying :

Thursday 04.11.04:

2 Million buy at 11.61 pence - belongs to Canada Life Limited
4 Million buy at 11.41 pence

Friday 05.11.04:

500,000 T buy at 12.00 pence
250,000 T buy at 12.25 pence
250,000 O buy at 12.25 pence
250,000 VW buy at 12.25 pence

Monday 08.11.04:

250,000 T buy at 11.50 pence
100,000 T buy at 11.50 pence

Tuesday 09.11.04:

250,000 T buy at 10.25 pence

Wednesday 10.11.04:

258,974 buy at 10.38 pence
500,000 X trade at 10.50 pence - transfer of 500,000 shares from one instituition to another.
500,000 T buy at 10.00 pence.

Thursday 11.11.04:

130,287 buy at 10.65 pence - Retail Investor
100,000 buy at 10.65 pence - Retail Investor
200,000 buy at 11.00 pence
270,000 buy at 10.70 pence
250,000 T buy at 10.50 pence.

"Networkers, hardware and semiconductors were among the best performing
sectors".

Wall Street - U.S. stocks surge as tech rallies - UPDATE 6

NEW YORK (AFX) - Stocks were extending their gains Thursday afternoon as
Intel paced a rally in technology amid news of a management shuffle at the chip
giant that included the retirement of its founder Andrew Grove.
Coca-Cola Co. stood out in the red, however, after the soft drink giant issued a
disappointing outlook.
The Dow Jones Industrial Average was last up 97 points, or 0.9 percent, to
10,482 while the Nasdaq Composite Index jumped 24 points, or 1.2 percent, to
2,058 and the S&P 500 added 11 points, or 1 percent, to 1,174.
"I think the general market should now be viewed in more of a positive way,"
said Hinsdale Associates director of investments Paul Nolte, who is encouraged
that stocks haven't backed off after the recent big gains.
"I think it's entirely possible to hang on to this level or something around
here into the weekend," Nolte said.
After a dismal showing in the previous session, tech stocks were on rebound
Thursday. Networkers, hardware and semiconductors were among the best performing
sectors.
Intel was putting in a strong showing, up 1.5 percent, after the No. 1
chipmaker named current president and chief operating officer Paul Otellini to
be chief executive, replacing Craig Barrett, effective at the company's annual
meeting May 18.
Barrett will succeed Grove, the founder of the company, as chairman of the
board, while Grove will serve as a senior adviser to the board and senior
management.

You have no idea by looking at the size of the trade whether its a retail investor or an institutional investor you pratt.

Some retail investors do deal in amounts greater than 50p and some institutions deal in amounts of 10k or less.

More bullsh*t and boll*x from Sue.

Maybe your an mm Sue , that way you would be sure and would explain why most of your picks are no hope ramps.

Up 5.56% (USA)

http://tinyurl.com/4mk66

Semiconductor :

Semi Index up 2%

Tech' stocks bubbling again :

Wall Street surges as technology rallies

NEW YORK (AFX) -- A rally in technology stocks boosted the Nasdaq to a
7-month high Thursday while lifting blue chips into positive terrain on the year
for the first time in four months. The Dow Jones Industrial Average rose 84.36
points, or 0.8 percent, to an unofficial close of 10,469.84 while the Nasdaq
Composite Index popped 26.71 points, or 1.3 percent, to 2,061.27 and the S&P
500 climbed 10.57 points, or 0.9 percent, to 1.173.48.
This story was supplied by CBSMarketWatch. For further information see
www.cbsmarketwatch.com.

Distinguishing Trades :

73,500 BUY comes through at 10.70 pence...Online buy price is 10.70 pence.

Source : Comdirect.

Level 2 at 1 v 2 :

KLWT alone on the bid at 10.50 pence, we should expect another large T buy to appear again towards close.

Ok Now :

Online buy price is 10.80 pence now hence the trades should go in the right buy/sell column.

Seems KLWT need stock to fill the large buy, the offer came down to 10.75 pence for a second or so before going back up to 11.00 pence.

Yeah right.

Funny how buying is given as the reason for every fall ... more bull sh*t from Sue Helen.

I am really getting ticked of by dil. If you think that the stock is so awful i presume you dont own any. Therefore if you have nothing worthwhile to say without backing it up then i suggest you keep quiet and leave your personal vendetta against sue helen and take it somewhere else

While she carries on posting bullsh*t I will carry on pointing it out. My last post gave no opinion on the stock just an opinion on the flawed logic of a previos post.

If you don't like it use the squelch button but imo people who post misleading bullsh*t deserve all they get.

Have a nice weekend.

What a martyr

Thanks luv , now back to the kitchen theres a good girl.

As expected more larger buys got filled today :

170,000 buy came through at 10.50 pence
250,000 T buy came through at 10.50 pence

The MMs had to fill 2 large buys today : 250,000 at 10.5 pence and 170,000 odd at 10.50 pence hence the price could not rise and the MMs tried to get stock lower than 10.50 pence by keeping the bid at 9.50 and 10.00 pence so that way they make their profit as well.

Someone is trying to build a 3% stake here I reckon, as my calculations comes to around 8 + million in large buys since Thursday, they need another 500K or so I believe.

We may have another instituition buying :

Thursday 04.11.04:

2 Million buy at 11.61 pence - belongs to Canada Life Limited
4 Million buy at 11.41 pence

Friday 05.11.04:

500,000 T buy at 12.00 pence
250,000 T buy at 12.25 pence
250,000 O buy at 12.25 pence
250,000 VW buy at 12.25 pence

Monday 08.11.04:

250,000 T buy at 11.50 pence
100,000 T buy at 11.50 pence

Tuesday 09.11.04:

250,000 T buy at 10.25 pence

Wednesday 10.11.04:

258,974 buy at 10.38 pence
500,000 X trade at 10.50 pence - transfer of 500,000 shares from one instituition to another.
500,000 T buy at 10.00 pence.

Thursday 11.11.04:

130,287 buy at 10.65 pence - Retail Investor
100,000 buy at 10.65 pence - Retail Investor
200,000 buy at 11.00 pence
270,000 buy at 10.70 pence
250,000 T buy at 10.50 pence.

Friday 12.11.04 :

170,000 buy at 10.50 pence
250,000 T buy at 10.50 pence

The total adds up to around 8.50 million shares so far. I think an instituition has nearly purchased the notifiable stake of 3% of the total number of shares in issue (315m) in IQE.

What makes you assume they are all buys ?

What makes you assume they are all trades from the same person / institution ?

More bull sh*t ?

Dil if an MM has a large client who wishes to buy stock then they will try to get them stock as cheaply as possible, its called looking after the hand that feeds you.

So either Sue Helen is an mm who can identify those trades or a bullsh*tting ramper who is making it up.

Take your pick.

PS momentum , teaching granny to suck eggs is apparently a waste of time ... you been here long or just signed up tonight to tell me that ?

Are you in the stock Dil

All i can say is i bought at 6p 3 months ago, and i am in considerable profit and im confident of holding on for more, but keeping one eye on the dollar. Despite what suehelen says (true or false im not sure, probably a mixture of both) the facts are this is a company in recovery.

Well done Kivver , get in before the rampers , ps your another bullsh*tter.

John50 , does it matter .... whats your point ?

Bullie .... get rid of sh*t like Sue instead of the genuine guys who have had a guts full of ramping lying twa*ts !

Pull one more of my threads and the FSA get involved.

dil, is that short for dildo? go and have a look at the thread i started (a recovery share-iqe) and check the date against the share price at that time. Your either stupid, jealous, or ignorant. Probably all three, if you want to make some money follow my tips. Or you could just spend all your sad spare time making inane, absurd and childish remarks. You would be better off trying to find yourself a partner or just go up to your bedroom to relieve some of that pent up frustation you have. oh ar, dont forget the kleenex. Keep up the excellent work and research you do suehelen your no 1.

Kivver, dont let this Dildo wind u up. She is just Dil is a pre-op tranni, hence her frustration. Keep the good work.

Today :

MMs picked up the 250K shares today at 10.00 pence - the same amount they used to fill the 250k T buy on Friday. All so simple for them....they made their profit again. Sell 250K at 10.50 pence...buy them back at 10.00 pence.

SO how long are the mm's going to continue playing this game.

I hope that dil was not correct about sue helen

This is not a short term share imho. Need to hold onto these until a full recovery is in place. Thats if we get there of course. YOU MUST ALWAYS DO YOUR OWN RESEARCH. No one forces anyone to buy, if people are foolish enough to buy on the say so of others you will probably lose a lot of money.

Today :

T10s have to close their positions today...those who bought in after the contract news came on 04.11.04. And no doubt the MMs will happily pick up any at 9.75 pence. Already getting all the stock they used to fill the larger buys last week at less the price than the large buys were filled at.

Another large buy for 250,000 shares at 10.00 pence came through today.

We may have another instituition buying :

Thursday 04.11.04:

2 Million buy at 11.61 pence - belongs to Canada Life Limited
4 Million buy at 11.41 pence

Friday 05.11.04:

500,000 T buy at 12.00 pence
250,000 T buy at 12.25 pence
250,000 O buy at 12.25 pence
250,000 VW buy at 12.25 pence

Monday 08.11.04:

250,000 T buy at 11.50 pence
100,000 T buy at 11.50 pence

Tuesday 09.11.04:

250,000 T buy at 10.25 pence

Wednesday 10.11.04:

258,974 buy at 10.38 pence
500,000 X trade at 10.50 pence - transfer of 500,000 shares from one instituition to another.
500,000 T buy at 10.00 pence.

Thursday 11.11.04:

130,287 buy at 10.65 pence - Retail Investor
100,000 buy at 10.65 pence - Retail Investor
200,000 buy at 11.00 pence
270,000 buy at 10.70 pence
250,000 T buy at 10.50 pence.

Tuesday 16.11.04

250,000 O buy at 10.00 pence.

Boll*x .

Dil i honestly thought that when you had the red neck to appear hear again it would have been to apologise to SuHelen.

Today :

A trading statement has been coming for the last 4 years in November so one is coming tomorrow or next Thursday.

750,000 trade at 9.75 pence is a definite sell along with the 500K at 9.50 pence.

MMs able to pick up 1.25 million shares today and cover the larger buys filled last week. T10 holders have cleared out now.

Strangely online bid closed at 9.80 pence, well above the indicative bid of 9.50 pence.

Well thats another thing you got wrong then john50.

Good timing on the sell Kivver.

There you go....all large buys filled, all T10s out and the price has gone blue the next day. Surely can't be a coincidence.
MMs have balanced their books now as well which completed yesterday. We await a trading statement now and a Holding in Company RNS about someone acquiring a 3% stake.

See how quickly the offer has been moved back up to 11 pence.

Nah its cos your muppet side kick Kivver sold.

up another 6% today, its the share to be in!

Lol and you sold according to your post on the bprg thread muppet ... you could always edit it though.

Here we go muppet.

Kivver - 18 Nov'04 - 09:53 - 1379 of 1391


The only one suffering is you dildo, just taken 77% profit on iqe to the bank. That suehelen is no 1. Thanks for the ramps sue.


Dil - 18 Nov'04 - 10:00 - 1380 of 1391 edit



Lol , not on the back of her ramp you didn't.


Dil - 18 Nov'04 - 10:01 - 1381 of 1391 edit



And your begining to sound like one of her other aliases.

Dil-looks like we got pulled on "is Sue Helen a ramper" thread-must admit like you I posted after closing hours-I thought I gave a very balanced view...from what I can remember:-))am didn't...oh well

well done on bprg- I'm still learning as well :-))

Buying volume returning today....all trades going through at 10.30 pence are buys. The real spread is 9.97-10.30 pence.

emailpat , I thought I did too :-)

Hey dildo, ive got my profit!!!!! Because of Suehelen and myself bringing this share to peoples attention hopefully some other people have invested to. Just celebrating their success. And of course, confirming what an idiot you are as you seem to have been saying this share is going nowhere. If this share has been going up purely on sh's ramps, she is doing a hell of job. Or of course it could be she is right and you owe her a big apology. Go on, make a man of yourself and earn some respect.

Wake up smell the coffee plonker.

A plonker with a 77% profit. That coffee smells good, lmao. Sorry sue, looks like your not going to get your apology.

I just ignore them Kivver and get on with it (they are all on Squelch): and I've had a fantastic year thus far just because of that.

Today :

The T trade reported for 1,007,584 at 10.00 pence looks like a buy and the reason for the sudden jump in the price this morning when the offer was at 9.75 pence.
As I've said before when MMs have large sells to fill the on screen spread is tight as yesterday at 9.5-10.0 pence when the 500,000 and 750,000 sells came through.

When the MMs have large buys to fill the on screen spread is wide as it is has been today at 9.75-11.00 pence.

PS. The bashers will try to put it as a sell, that's what the MMs want the fools to think. Always think the opposite and you'll stay one step ahead.

Intersting a MM trade came through after close for 529,777 shares at 10.00 pence.

Some more T10 holders who bought on Friday 05.11.04 took up the option of rolling over their trades.

2 * 250,000 at 10.38 pence
2 * 150,000 at 10.38 pence
2 * 100,000 at 10.38 pence.

Then again...with the 250,000 trade the difference in time is 11 1/2 minutes...so not sure that is a rollover but looks 2 * 250,000 buys. Rollovers are like the 150,000 trade at 10.38 pence where the second trade is put through within seconds of the first one.
Couple of minutes gap on the 2 * 100,000 trades at 10.38 pence as well.

Sue-have you sold out of QTR? you haven't posted since 11/10/04

Yes I have emailpat....I made a 55% profit on my 1.90 pence purchase and 10% profit on my 2.50 pence purchase. Not bad wouldn't you agree considering the derampers were posting all day there and on ADVFN....I wasn't posting because then the derampers would have shouted the price went up to 3.00 pence bid because of ramping which is bizzare as Dil and dell314 could just not stop posting negative things there.

How remarkable eh...that I came out of QTR with a very good profit even though the thread was trashed the way it was.

Keep checking the stock though as Dil suggested it'll be at 0.25 pence by Christmas, didn't he and it'll go bust. Here's one for you, the housebroker is EVO and they have sitting on the bid at 2.00 pence collecting all the sells for the last month. I think you should ask the derampers why they do not post that kind of information on the QTR thread. EVO collected 9 million shares from City Equities at 1.60 pence and I was right all along that they did not sell any below that price and they're still accumulating stock.

None of the posters I recommended the stock to paid more than 2.50 pence so everyone should have made a good profit despite the way the thread was trashed.

Large buy came through for 500,000 shares at 5.29pm from an hour ago at 10.38 pence as trades over 450,000 shares are delayed in reporting by 1 hour.

emailpat ... of course she made a profit on QTR even although she called the bottom at 3p to buy :-)

Kivver her trusty sidekick has even less of clue about reality.

Takes all sorts.

Sue, do you think i should reinvest my 77% reality profit in iqe, i think this a lot further to go over the next year. Starting to regret selling out. Usually like to buy and hold. Suprised Shares Magazine have not returned to this one.

Also got a reality 87% profit on sps, 65% on asc, 89% mph, 55% tsco, 35% ngt, 123%trt, 23% baa, 8% cyh. Reality losses on bprg 35%, 15% wpp but coming back strong. All my successes are down to great people like suehelen who post positive, informative, free and altruistic advice on this boards. Thanks guys.

roflmao

10.00-11.00 pence, up on the bid.

And the Olympic Gold Medal for stating the bloody obvious goes to .......

500,000 trade reported just now at 9.66 pence is a buy from an hour ago. Trades over 450,000 shares are delayed in reporting by 1 hour.

sue helen can you have a look at my posting "sovgem" and tell me what you think. I am big on china companies at the moment and this is the latest after china wonder and london asia

I have not been following that sector since Spring this year so I'll get back to you on that thesaurus.

Price back up today after filling the 500,000 buy yesterday...9.75-10.50 pence.

cheers sue helen

The August Interims came through 2 weeks late than previous years....so the trading statement should come through next week (possibly Thursday). A trading statement will be coming for sure.

Can't wait.

Another large buy for 1 million shares got filled and has come through today at 10.25 pence. MMs picked up 500,000 shares from retail yesterday at 9.75 pence and around 175,000 from retail this morning at 9.50 pence...nice and easy for them.

10.00-10.50 pence...up on the bid and gone blue now. 100K trade reported just now at 10.22 pence is a buy along with the 50K at 10.27 pence straight after and the 50K at 10.25 pence after that as well.

600,000 T trade reported at 10.15 pence is a buy....a buy order filled during the course of the trading session.

Another large T buy has just come for 1.25 million shares at 10.25 pence - again filled during the course of the trading session.

Instituition again filling their boots before the trading statement comes :

Today :

1 Million buy at 10.25 pence
1.25 Million T buy at 10.25 pence
600,000 T buy at 10.15 pence
1 Million buy at 10.23 pence.

We may have another instituition buying :

Thursday 04.11.04:

2 Million buy at 11.61 pence - belongs to Canada Life Limited
4 Million buy at 11.41 pence

Friday 05.11.04:

500,000 T buy at 12.00 pence
250,000 T buy at 12.25 pence
250,000 O buy at 12.25 pence
250,000 VW buy at 12.25 pence

Monday 08.11.04:

250,000 T buy at 11.50 pence
100,000 T buy at 11.50 pence

Tuesday 09.11.04:

250,000 T buy at 10.25 pence

Wednesday 10.11.04:

258,974 buy at 10.38 pence
500,000 X trade at 10.50 pence - transfer of 500,000 shares from one instituition to another.
500,000 T buy at 10.00 pence.

Thursday 11.11.04:

130,287 buy at 10.65 pence - Retail Investor
100,000 buy at 10.65 pence - Retail Investor
200,000 buy at 11.00 pence
270,000 buy at 10.70 pence
250,000 T buy at 10.50 pence

Thursday 18.11.04

500,000 buy at 10.38 pence
1,007,584 T buy at 10.00 pence

Tuesday 23.11.04

500,000 buy at 9.66 pence

Friday 26.11.04

1 Million buy at 10.25 pence
1.25 Million T buy at 10.25 pence
600,000 T buy at 10.15 pence
1 Million buy at 10.23 pence.

Hands up ..... who believes in Santa ???

Somebody thinks these are worth buying! Dil-any flicker of life is welcome to me as I am a sucker who bought at around 8!! remember those days? I have just buried them in a drawer and thought about adding at times. Trouble is I'd need millions to average out of this one. However they are still alive and funnier things have happened. I sold SBT at a huge loss and am now grinding my teeth!! cheers hope you're all having a good weekend.

Large buying continued today with a 1.25 million T buy reported at 10.25 pence.

Just been reading another thread and they were talking about the song from South Pacific, "you`ve got to have a dream". Perhaps anyone who holds this stock should begin to whistle!!

Alot of sells again today.

Another large T buy got filled today : 250,000 T buy at 10.25 pence. It was all absorbed thesaurus (and it was just 260,000 in sells, all scooped up with the T buy) as the 250,000 T buy had to be filled at 10.25 pence. Profit for the MMs again without any damage to the price. We've had a few large T buys at 10.25 pence over the last few trading days. Someone's had a very large buy order placed at 10.25 pence.

Up again today. An excellent rise from the summer. More to come imho.

very large buys today. whats brewing

Because it is heading towards 20p

another little tick up today, little one evry couple of days will do me fine.

Whats the word suehelen...
I am a fan of iqe but have missed this last rise..what is your view now..is theremore to come?

There was nice buying here again. Is anybody else seeing the upside here as well

Yes.....:) I recently bought into these (small time) @10.5p... expecting IQE to do well over the next year or two but also expect some upside in next few weeks (imo)

Anyone has any price targets and time frames? Where is Sue Helen?

She tends to move on-I suspect she will be back with a new share soon. I hold IQE long term and presently in loss so I'm hoping for some good news.

Well, the upside (in a few weeks ?) hasn't happened after all. surprise, surprise. Even though the trading statement was a little disappointing with the lower revenue forecast, overall the trading statement was fairly positive. Lots of good news included. Not surprised that the share price is marked down, this is to accommodate those lining up to sell on the back of the disapointment.

However, I see this as an opportunity to buy in at these levels and SP will strengthen medium term and will jump on any further contracts/development statements. All is not lost. I'm topping up at these levels when I get some funds available. (dyor,imho)

Skyhigh,

I agree that this one is for the medium/long term. However, the new contracts will increase revenue this year and the turning point could be after Q1 trading statement. Good buying opportunity and some investors think so - there were two 1m purchases this morning! All IMHO.

Ramu

Some awesome buys today...so it's not all be bad. bodes well for the SP... must be heading north ? (imho)

Awesome sells at the close !? What's that all about ? SP must be heading south ?

starting to move up........time for a breakout upwards on this stock ?

anyone still following this stock or are there any updates, please ?

thanks in advance,
ab7

Who knows ! it's up a bit one day... then it's down a bit the next day...
Hopefully, with results out 22Mar, the sp will stage a pre announcement rally ?

Im still in and am still confident long term, this has a long way to go to return to previous highs. As i have said before the big danger is the exchange rate and the effect this might have on improvement in results, but longer term should be good. Patience is the key.

Well said Kivver.goal.

The most significant part of the recent trading statement says:-

The Group expects to report revenues for 2004 of not less than 15.3
million, which, although below our previous expectations, primarily due to a
weak third quarter and adverse exchange rates, have still resulted in us
achieving our expectations for EBITDA and cash levels. A number of positive
developments, including the winning of a major outsource contract worth around
$25m over the next two years, enabled the Group to exit 2004 with its largest
order book for two years, and an exit revenue run rate which will deliver
growing revenues in 2005. We believe we have sufficient capacity and resources
within the Group to deliver improved shareholder returns in the current year and
beyond.'

I think this means fair now with an improved future!

Stuff revenues , what about profits ?

Well like ive said prevoiusly hoping to break even this year, loss the last couple of years. If that happens it just may show things are improving. Exchange rate is not helping.

what profits are sps, pci, trt, seo, showing? yet the price is very high!

Yeah but I don't hold those either :-)

Good luck Kivver , hope it comes off for you.

Thanks Dil, it already has i bought at 6.5p. Dilemma of course is how long do i hold.

sold up, as i have nice profit and can use that money to make a quick buck here and there. will be looking to get back in when i hear some good news.

Good for you Kivver, I am going to hold on for more good news.goal.

yes, could have been an own goal but like i said looking to get back in smartish.

Results for the year to 31 dec, 22 march.

Anyone still in IQE... some good buys late this afternoon ahead of results on Tuesday..
Any views as to how this is going to go ?
Should be positive news I would think :)

Yes, the buyers are coming back now.

I think results should be encouraging and show this company is in recovery, but profits (if there are any) may be slightly spoiled by the exchange rate. Lets hope for the best. Back in by the way, fingers crossed.

Welcome back Kivver, I agree with you on the exchange rate, but they might announce new contracts at the same time, without a shadow of doubt iqe are on the foot of a long ladder. It will be interesting to see what happens on Monday the day before the results.goal.

the last trading statement looks a bit sus to me now we have the final results out. Can anybody with more time than me work out how much they lost? thanks

Interesting two days, is there going tobe news??? thoughts any one.

IQE plc
AGM Trading Update Statement


IQE plc (IQE), the leading global outsource supplier of customised epitaxial
wafers to the semiconductor industry, is pleased to announce the results of its
AGM, together with an AGM trading update.

At the AGM, held at the Group's offices in Cardiff today, all resolutions were
duly passed. In addition, President and Chief Executive, Dr Drew Nelson,
provided the following trading update to the AGM;


'As anticipated in the annual results statement, revenues for the first half of
2005 will be substantially higher than either the first or second half of 2004.
Overall, unaudited Q1/2005 revenues increased by 20.2% in dollar terms and 15.3%
in sterling terms compared with Q1/2004. This represents the second consecutive
quarter of significant revenue growth since Q3/2004, and we expect this
sequential growth to continue, resulting in revenues for H1/2005 which are
expected to be approximately 20% higher than for H2/2004.


The increased revenues will result in substantially reduced losses and a
reduction in operating cash outflow for H1/2005 compared with previous half
years, although final repayment of some debt and additional working capital
consumption for inventory build-up as part of the large outsource contract,
which was signed late last year, and capital expenditure at Wafer Technology
will increase overall cash outflow in H1/2005 beyond EBITDA. Nevertheless, we
expect the half year cash position to be in-line with our 2005 budget levels.


The wireless sector has continued to be strong for the Group, with the large
outsource contract running to plan and other qualified customers increasing
their demand. Final qualifications, particularly in the Pacific Rim countries,
are coming to conclusion in the next few months, further increasing expected
demand. Output at IQE Inc in H1/2005 has been limited to some extent by
specific routine equipment maintenance programmes, but is expected to continue
to increase throughout H2/2005 as these programmes complete.



Visible laser demand, particularly for industrial applications, has continued to
be strong although this has been offset to some extent by delays to newer
product launches where IQE has become qualified by customers, but their product
takeoff has been slower than they had anticipated. Recent indications are that
these new products, particularly VCSEL based products, are gaining acceptance in
the marketplace and orders are now beginning to come in to reflect the expected
increase in demand. In addition, IQE Europe has made good progress with the
development of a high power DVD product for the booming Read/Write marketplace,
which is currently being evaluated for performance and reliability by some of
our key customers. We therefore expect significant revenue growth from this
division during the coming months.


Quarter on quarter revenue growth at IQE Silicon has been strong, albeit from a
low base, as more customers become qualified and existing customers continue to
ramp up their demand from IQE. Progress on IQE's proprietary strained silicon
development continues well, and it is anticipated that major milestones towards
a final Strained Silicon on Insulator product for the 65nm technology node will
be achieved in the next few months. Additional outsourced product development
programmes on behalf of customers have continued to progress as planned.


Finally, Wafer Technology's business has been slower than anticipated due to
temporary inventory readjustment in the LED marketplace, but excellent progress
has been made in developing improved surface finishes for the higher margin
laser markets, and these are currently under qualification by a number of
customers.


We continue to pursue and seek out further outsource contracts that will benefit
from the economies of scale and technological expertise that IQE Group companies
can offer, and good progress continues to be made in this respect, although the
scale of some of these opportunities necessarily means timing can be somewhat
unpredictable. We also continue to focus on cost control within the various
Group companies to ensure the breakeven revenue points continue to reduce.


As we achieve the expected revenue increases throughout H2/2005, we remain
confident that we will achieve our target of ongoing cash generation on a
monthly basis during this calendar year.'

What a good statement, up 9.5% in one hour... wow.

This is excellent news.. time to top up again, as, if this news is repeated again this yr (along with contract / other good news) it will rocket for sure.
We may even now see RHPS re-rate these as a "buy" from being on their watch list..... good luck all who sail with her..could be a beneficial journey,(imho).

Up 11.5% now & still rising.

Excellent news...time to get in tomorrow

EVO have a note out on their site. Could be an interesting morning.

improving dollar against the pound will also add value. Ive already made a nice profit once on this company im coming back for more!

Agree with you there Kivver

RHPS in their weekly emaial letter yesterday have dropped IQE from their watch list...thet have got this as a sell and dropped it all together saying that IQE will not make their numbers in this current fin yr as too much to do in the 2nd half to make a profit... RPHS have been wrong too many times before ! I'm staying with IQE for the med-long term... there's always next yr! also, it only needs another deal/contract or two and IQE will be even better! so, I'm an IQE believer - for better or worse!

SHARE Magazine has just tipped this in their cover article (Back in the race). I think I will try a flutter myself

daokta... It must be a good sign... but it has'nt done much good to SP yet... we really need a good trading update contract/deals news etc.. for this one to move up.

Recent News :

IQE begins shipping antimonide epitaxial wafers.


26 July 2005


IQE, Inc., Bethlehem, PA, US, has announced that it has begun shipping antimonide based epitaxial wafers, produced using the company's state-of-the-art, molecular beam epitaxy (MBE) platforms. IQE is aggressively pursuing a share of the growing antimonide market.


Antimonide (Sb) based compound semiconductors are emerging as key materials in a number of electronic and optoelectronic applications. Due to their unique band gap and lattice properties, Sb-based materials are particularly attractive for high-frequency, low noise, and low power-consumption electronic devices, as well as for long wavelength emitters and detectors. IQE is seeking to work together with an expanding base of key customers to further develop this market.



IQE has capability to grow a range of heterostructures by MBE using solid source valved Sb-crackers. The use of these systems enables the precise alloy and thickness control required to meet the stringent band gap engineering demands of the Sb-based structures. Integrating antimonide based alloys expands the capabilities of epiwafer structures on GaAs or InP substrates.


Wafer Technology Ltd, another IQE group company, is already firmly established as a leading manufacturer of antimonide substrates (GaSb and InSb) on which advanced epitaxial layers can be produced.



The epiwafer supply of custom-designed antimonide structures is available now and IQE's unparalleled experience in over 17 years of wafer outsourcing means that customers can be sure of a quality product with excellent uniformity and reproducibility.








Contacts:


Sales:

(Epiwafers) Lisa Rosenberg +1 866 473 7266

(Substrates) Mark Furlong +44 19 0821 0444


Media:
Chris Meadows +44 (0)2920 839400

Tradeshows




Forthcoming Events, 2005:


--------------------------------------------------------------------------------
EVENT LOCATION DATE


--------------------------------------------------------------------------------
MIOMD-VII Lancaster, UK 12 Sep 05
NAMBE Santa Barbara, CA 02 Oct 05

HOLY GRAIL

If we get the holy grail of monthly breakeven in the upcoming results, this will be sharply re-rated imo. The current dollar strength must be working wonders for IQE's bottom line.

The Holy Grail of monthly EBITDA breakeven comes closer.

With the results due in just over 2 weeks, I would be surprised if there wasn't a bit of spec money chasing financial good news.

The cost base is in order

The order book is looking very rosy indeed

The semi conductor marketplace is at it's most active for eons

The dollar is being very kind to IQE

There is always the possibility of a groundbreaking deal

T10s will start buying soon in time for results plus i think we will get an other paper tip before results as well, IQE always leak when there is good news coming and it has been a long time coming.

Shares Magazine on 12 August 2005 :

IQE (IQE:AIM)
Sleeping for three years now, it could
be time for IQE to wake up and smell
the profits. The semi-conductor
manufacturer was trading at the dizzy
but ridiculous heights of 500p when it
listed in 2000. Along came the tech
crash and IQE made a spectacular fall
from grace. By the end of 2002, the
shares were practically worthless and
havent traded above 20p since.
However, one thing which has
remained consistent about IQE is its
leading position within the market.
The orders may have dried up, but IQE
remains top of its league.
Only now, something is stirring.
Apparently, in the last two to three
months, both order flow and cash flow
have improved. IQEs cash is now
breaking even - something it hasnt
managed for the last two-and-a-half
years. A very reliable source says that
May and June were months of record
business.
Its next set of results are going to
surprise the market, which has not
gone near IQE for years. Could be
worth getting in while its still dozing.

Summary of 2005

26 July IQE begins shipping antimonide epitaxial wafers
18 July IQE Expertise to chair CS-Mantech 2006
12 July IQE Silicon Compounds WINS Industry Award
08 June IQE Silicon Compounds Short-listed for Materials Award
25 May Result of AGM
13 May In the News: Gaining synergy with strained silicon
28 April In the News: IQE Material used by NASA to build 4 colour infrared camera
22 Mar Preliminary Results for the Year Ended 31 December 2004
26 Jan Trading Update
20 Jan IQEs VCSEL material produces highest power ever for 850nm single-mode device

EVO's Buy Note which came out in November last year :

IQE (IQE) Buy
Mkt cap: 36m Net cash: 11m Contract win Price/Target: 11p/15p
Breakthrough contract win
IQE has announced that it has won a $25m two year outsourcing deal
with a leading US RF component manufacturer. This is a genuine
breakthrough for IQE it gives us the confidence needed to raise our
target price to 15p
IQE have won a major outsourcing contract with a leading US Radio Frequency
wireless/mobile components company. The contract has a minimum term of
two years and an initial value of $25m. This is one of the four contracts that
management were referring to at the time of the fund raising in November
2004. The other three do not appear to be close to signing at present but the
list of potential customers is still there and management continue to talk to
other parties. This contract win proves that there is a market for wholesale
outsourcing of epitaxy and we expect others to follow but not in the
immediate future.
We estimate the split to be $10m:$15m between year one and year two. The
contract involves the closure of the customer's facilities and because of the
sensitive nature of this the identity of the customer has not been announced.
We are not changing our forecasts. This $10m for the first year is already in our
27.2m revenues estimate for next year. It is worth noting that because the
contract is with an existing customer there is an element of revenue substitution
in this contract. However, this announcement does mean that we are
considerably more comfortable with the forecasts than we were.
If more contracts come through, the revenues should go straight into our
forecasts. We would not expect the other contracts to be as substantial as this
but given the marginal loss/profit scenario we have forecast for next year their
effect on earnings could be significant.
As a result of this announcement we have increased confidence in the forecasts
and so we are increasing our share price target to 15p.
Ian Robertson +44 (0)20 7071 4463 ian.robertson@evosecurities.com EVO Securities is broker to IQE
Year end Sales (m) EBITDA (m) PTP (m) EPS (p) PER (x) Yield (%) EV/Sales (x) Revised?
12/03A 18.8 -11.3 -12.8 -6.2 - - 1.3
12/04E 17.1 -8.3 -9.9 -3.1 - - 1.5 No
12/05E 27.2 0.4 -1.5 -0.5 - - 0.9
21. 75 1 5/1 0/03 LOW 2 .20 11/ 3/0 3 LAST 8 .50 Source: DATASTREAM!
--------------------------------------------------------------------------------

EVO had an upper end target price of 15 pence after the contract win announcement last November. I would imagine a new Buy Note will come out after the Half-year results on the 24th with a much higher target price.

An extract from Friday 13 August 2005 edition of Personal & Finance Confidential

"Almost eight months after its last profit warning it is now time to buy IQE. My very reliable city source tells me that both order flow and cash flow have improved over the last three months. IQE's cash position is now breaking even -something it has not managed for the last two and a half years. Word has it that May and June were record months for the business. IQE's interim results are out in September and they will surprise the market."

From the 25th May 2005 AGM statement -

"As anticipated in the annual results statement, revenues for the first half of
2005 will be substantially higher than either the first or second half of 2004.
Overall, unaudited Q1/2005 revenues increased by 20.2% in dollar terms and 15.3%
in sterling terms compared with Q1/2004. This represents the second consecutive
quarter of significant revenue growth since Q3/2004, and we expect this
sequential growth to continue, resulting in revenues for H1/2005 which are
expected to be approximately 20% higher than for H2/2004.


The increased revenues will result in substantially reduced losses and a
reduction in operating cash outflow for H1/2005 compared with previous half
years, although final repayment of some debt and additional working capital
consumption for inventory build-up as part of the large outsource contract,
which was signed late last year, and capital expenditure at Wafer Technology
will increase overall cash outflow in H1/2005 beyond EBITDA. Nevertheless, we
expect the half year cash position to be in-line with our 2005 budget levels


Results are due in on 24th August, and this may be the time to buy in under 10p, as I truly feel the company now has its house in order.

The semiconductor outlook has not been this bullish for years. IF IQE can outperform (which should be hard with the dollar strength and previous announcements) then maybe a few more institutions will come on board at this low level.
--------------------------------------------------------------------------------

After the good buying we have seen all week.....the price has built support at 9.00 pence. The most interesting part is that the price will start rising heavily from Monday after the 750,000 BUY at 9.25 pence at close on Friday. That pushed Level 2 at 2 v 1 which is really positive and I would expect some ticks up from the off on Monday.
I have been following IQE since last October and I am expecting the price to hit 15 pence by end of the week.

PS. I will be buying another 19,000 odd shares on Monday morning.

They say you have to wait a long time for a bus and then 3 come along, but wait a long time for SueHelen to post again and a 11 posts come along. Will you be taking any profits before the results if they go to 15p + ?, if the results are what you expect what price do you expect them to reach.

This is a first, I'm actually already a holder of a stock being ramped by Suehelen!!

Crack on, ramp away!!!

:-)

pth

Aldwick....my target price is for end of the week...the results are out on Wednesday which will provide the impetus.

Great to see you back Sue, hopefully ill be in for 25k more on Monday morning.

Can I sue Helen if it all goes pear shaped !!!

K******

;o)

You can choose to believe me at your own peril Krypton.

Nice to be back John...will catch up with you in more detail next weekend.

From iii :

No, not an employee but have heard through a friend of a friend who is an employee. I have no concrete evidence or access to any sensitive information but I have no reason to disbelieve this info. This should be to no great surprise anyway, as we all know they have a $25 million order to fill any they cut staff levels some time ago to improve efficiency.

Lets all hope they are now making profit on a month by month basis as Mr Nelson predicted they would be. My 'guess' is that they are.

Nice MM Buy at full price 9.50p accompanied by constant buying, must see it starting to tick up soon.

pth

L2 1 v 1
Just EVO sitting on the Offer, must have some stock they need to get rid of.

pth

Now 9.6 sell price... 1p profit for me already :)
Lets see 10.5 by the end of today hopefully...........

Lots of large sells today and only 1 large buy and the price is now down 0.25p

aldwickk

you on the right thread old chap?looks like it's going up to me!!

pth

It was 9.25 --- 10.25 when i posted, with only one 150,000 buy.

Oh well, up 12.5% today, hopefully with some good ol ramping from Suehelen, it will keep doing that for the rest of the week. LoL!!

pth

Bought another 17,000 odd shares at 10.45 pence near 4.00pm...as expected big buying volume today and expect more strong buying for the rest of the week.

Mark my words that we will see 15 pence on the price by Friday.

I tipped this share to recover as both the company and its new technology is sound, - all that is lacking is punter confidence - (assuming no company bomb shell announcements or major market corrections etc). A lot of silicon chips products will be purchased during the run up to xmas - hence inventory replenishment!!

If you want top double your money before end of the week - get onboard now. 5 million + volume today for IQE is wicked.....
Chart showing a clear breakout on the upside now...once we're past 12 pence...20 pence will come very quickly.
100K block buys going through above 10 pence was very nice to see....

100,000 buy at 10.40 pence
100,000 buy at 10.25 pence
220,000 buy at 10.25 pence
100,000 buy at 10.25 pence
152,815 buy at 9.75 pence
200,000 buy at 9.75 pence
752,158 buy at 9.50 pence
150,000 buy at 10.00 pence

Not your average punters having a dabble at IQE.

Expect more big size buying rest of the week.

The price broke the 200 day moving average today (very bullish signal) :

The 2 year chart below clearly shows that we are heading to the 20 pence levels :

Momentum is also really building...not see these kind of momentum levels for a long while (see below momentum indicator) :

In August 2004 after the half-year results were released....the price went from 10 pence to 20 pence in one week....there is no reason as to why it can't do the same again.
This time round we could do a lot better than 20 pence The company is in a much better position and profit noises are round the corner.
EVO who are the housebrokers of IQE had a valuation of 15 pence last November.....a new buy note will come out after the results with a much higher price target.

Bullish Candlesticks and the Bollinger Bands have started widening....indicates a very big rise about to happen.

Volume closed at 5.50 million today but more importantly 173 trades went through IQE. This amount of trades have not gone through in IQE since the day of the contract win announcement last November.

On the move, now. A flurry of buys brought the bid up 0.75, now the offer is up for the first time this week.

And again. Both bid and offer up. Has SH jumped ship and missed this?

.

SueHelen
I am impressed !!!
Can you do the same for Aminex (AEX) ????
Pleeeeeeeze

;op

K******

May see more larger buys come through around 11 pence before close today.

Half-year results out tomorrow morning....Base established above 10 pence today which is excellent for the chart.

10.25 - 11.50 pence....up on the bid and offer.

sue h why do you post under other names on ADVFN and III BOARDS.

The spread is just to big to get in at the moment

So why all the sells if the results are meant to be so good tomorrow ? doesn't make sense to me... perhaps the SP will go down tomorrow whatever the results are like !

Whatever happens tomorrow, i believe this share to be a good long term investment.

Nice try by the MMs to get cheap shares at the close....were happy taking in all the sells at 10 pence today.

Those sellers will be paying 11.5 pence + the open tomorrow after the mark-up on the results.

10 pence is gone forever now.


Remember MMs were happy taking in all the sells at 10 pence....see for yourselves what happens tomorrow.

I'm still sticking with my 15 pence by end of the week target.

PS. Have you seen the size of the sellls.....small in comparison to the largish buys we have had.

The Chart + the Indicators could not be more positive, nicely poised for the good results :

Well Sue, et al,
Where's the upward momentum in the SP then ?
All the hype about the SP going north quickly is not going to come to fruition.
results we're only what might've been expected... nothing exceptional here and a bearish outlook to the next 6 months, there's alot of what if's etc.,
That said, I'll stay in and hope that it has a good 2nd half.. If it does the SP will definately head north then... until then the SP will tread water unless they can get more contracts/deals signed..
Awards are all very well but what we need is sustained, demonstrated higher sales/revenue/profit/cash generation for this company to really turn round ! :)

"10p is gone forever"

Nice one Sue ... you can't half tell them.

You shorting it yet ?

You've got to laugh.

:-))

Yeh, 10p gone forever... more like we'll trade in the 5p-8p range until next results or exceptional good gets released or wall of money comes into the market pushing the mkt index up alot...
looks like RHPS shares were right (for a change) in not promoting this to their buy list from the watchlist... can see why now...hope I'm wrong and that the SP does shoot up... but can't see it happening.

Is that 200,000 a sell or buy, offer price went up after to 10p.

If the price had shot up this morning Sue Helen would have been the first to post.

The only things that shot up is Sue's foot !
(with due respect to Sue)

Sue where are you so you can defend yourself ?

It was a buy some one over advn claimed it

Bit of luck she'll sod off for another six months.

must be true then john if someone on ADVFN claimed it!

A man named Sue how do you do.

SueHelen,

I am disappointed - not so much by the share price but by your absence from the board today.

Never mind.

K******

Why is eveybody obssessed with Sue Helen, she has her own interests, she is not the oracle with all the answers, nor should we think that she is. The share price might simply be a result of people profit taking on results day thats all. Patience gentleman

Thesaurus, we all know that you are Sue Helens lap dog, he started a CDN thread and pump & dumped it among many others that have gone down the tube, still i did make some money out of BGY

Why do you keep calling him she ?

i just assumed it was a she

I use a womans name on another BB, first name Katie but which one , LOL

Should generate some more interest.

Independent
THE INVESTMENT COLUMN: ............. IQE (buy now before the herd)

Just read the Independent article.... good stuff... looks encouraging for 6/12 months time.. IQE now getting good press. Despite yesterdays SP fall off, the sp could come good even sooner !

Copy of Independent article.




Buy IQE before the herd instinct takes over

IQE, a Cardiff-based producer of the silicon wafers that microchips are made from, was floated in London in 2000 and in the September of that year its shares hit 680p. They closed yesterday at 9p.

There would seem little obviously to recommend them. The market is littered with former tech stars that have struggled to climb out of the red and whose business models have been found wanting. IQE's latest interim results, released yesterday, showed a pre-tax loss of 2.9m on sales of 9.7m, suggesting that however hard this doughty little company might try, it is doomed to join the list of tech has-beens.

However, while the semiconductor industry has suffered since 2000 from chronic over-capacity and falling prices, the near complete destruction of all value in IQE's share price is probably an over-reaction.

Things are not that bad. Prices for its wafers, supplied to large manufacturers such as Toshiba and Siemens, have stabilised. The company has its fixed costs under control and its variable costs, mainly raw materials, have fallen from 60 per cent of its cost base to 42 per cent. This means a lot more of each additional pound in sales can be converted into profit.

Significantly, the 9.7m of first-half revenues was a 32 per cent increase on last year and, in June, the company made its first operating profit for four years. The plan is working. IQE might feel like a speculative punt now, but in six months' time it will have attracted a stronger following. Buy now before the herd.

Copy of Independent article.




Buy IQE before the herd instinct takes over

IQE, a Cardiff-based producer of the silicon wafers that microchips are made from, was floated in London in 2000 and in the September of that year its shares hit 680p. They closed yesterday at 9p.

There would seem little obviously to recommend them. The market is littered with former tech stars that have struggled to climb out of the red and whose business models have been found wanting. IQE's latest interim results, released yesterday, showed a pre-tax loss of 2.9m on sales of 9.7m, suggesting that however hard this doughty little company might try, it is doomed to join the list of tech has-beens.

However, while the semiconductor industry has suffered since 2000 from chronic over-capacity and falling prices, the near complete destruction of all value in IQE's share price is probably an over-reaction.

Things are not that bad. Prices for its wafers, supplied to large manufacturers such as Toshiba and Siemens, have stabilised. The company has its fixed costs under control and its variable costs, mainly raw materials, have fallen from 60 per cent of its cost base to 42 per cent. This means a lot more of each additional pound in sales can be converted into profit.

Significantly, the 9.7m of first-half revenues was a 32 per cent increase on last year and, in June, the company made its first operating profit for four years. The plan is working. IQE might feel like a speculative punt now, but in six months' time it will have attracted a stronger following. Buy now before the herd.

Someones bought 1 share, will the MM's tick the price up ?

Wish someone could explain what these tiny trades actually mean. I know it is some sort of tic-tac, but what?

pth

pt ... institutions stashing up on Sue's tip :-)

Dil

LoL

:-))

Just bought another 23,152 shares at 10.50 pence.

Tipped as a Buy by the Independent Newspaper today.

SueHelen, yes, we know... see earlier posts this morning !

Thats old news.

Sue Helen your quoted as saying tha this stock is going to hit 15 by friday. You really do need to stop ramping so hard.

Geez that Sue's really got her finger on the pulse.

Now look Dil, I have held these shares long before SH started the ramp, so please stop putting 'her' off and let 'her' get on with it!! I really would like to turn a profit on these one day and I reckon SH is my best chance!!!

Hmm, perhaps a small flaw in that statement somewhere?

:-?

pth

Ardwickk

I remember her well. She lied you know.

What we need is for Goldfinger to start ramping these as well, SueHelen and Goldfinger The Dream Team.

But kidding a side this is still a decent investment and at these levels it is still a steal if you take a 3 month investment persepective

Oh no - and I thought everyone had gone to the movies.

Nice to see such a strong buy/sell ratio in early trades.


On line the buy cap is at 100,000 with a higher 150,000 sell limit. This is as it was in the run up to the results.


Go with the trend.

nice 150,000 buy

Followed by 250,000, another tick up soon.

It's a blue day today!

If it breaks 12p then get excited Queeny , otherwise its market noise.

Luv and kisses.

xxxx

Dil

In fairness though the break of the 200 dma was a very strong positive medium term signal.

More luv and kisses.

Dil

Nice little tick up today.

As Dil says, if we get above 12p. good times ahead

Another tick up... nearly 12p npw (currently 11.6)

IQE PLC
19 September 2005


IQE plc (the 'Company')

Holding in Company


The Company was informed on 16 September 2005 by Aviva plc that, following the
purchase of 2,025,000 ordinary shares of 1p each in the Company ('Ordinary
Shares') on 14 September 2005, Morley Fund Management Limited (a subsidiary of
Aviva plc) is now interested 32,819,132 Ordinary Shares, representing
approximately 10.38 per cent. of the issued share capital of the Company. The
above Ordinary Shares are registered as follows:

Registered Holder Number of Percentage of
Ordinary Shares issued share
capital

Chase Nominees Ltd 5,981,374 1.89%

CUIM Nominees Ltd 8,000,000 2.53%

Vidacos Nominees Ltd 18,837,758 5.96%

Total 32,819,132 10.38%


19 September 2005



This information is provided by RNS
The company news service from the London Stock Exchange

Why have these been so quiet recently, any updates anyone

IQE PLC
28 September 2005



IQE plc (the 'Company')

Director Dealings


The Company has received notification from Godfrey Ainsworth, Non-executive
Chairman of the Company, that on 28 September 2005 he purchased 49,453 ordinary
shares of 1p each in the Company ('Ordinary Shares') at 9.72p per Ordinary
Share. Following this purchase Dr Ainsworth has a beneficial interest in
1,917,467 Ordinary Shares representing 0.61 per cent. of the Company's issued
ordinary share capital.

28 September 2005






This information is provided by RNS
The company news service from the London Stock Exchange

IQE PLC
26 October 2005


IQE plc (the 'Company')


Holding in Company



The Company was informed on 24 October 2005 by Gartmore Investment Management
plc that, following the sale of 501,989 ordinary shares of 1p each in the
Company ('Ordinary Shares') on 21 October 2005, Gartmore Investment Limited,
Gartmore Fund Managers Limited and Gartmore Global Partners had a reportable
interest in 40,592,810 Ordinary Shares representing approximately 12.84 per
cent. of the issued share capital of the Company. The above Ordinary Shares are
held as follows:

Beneficial owner Number of Percentage of Registered
Ordinary Shares issued share holder
capital
Gartmore Fund Managers Ltd A/C 15,137,969 4.79% HSBC Global
Gartmore UK & Irish Smaller Custody
Companies Nominee
UK Ltd

The Gartmore Limited Issue UK 3,669,006 1.16% Goldman
Small Cap Fund Ltd Sachs
Nominees Ltd

Strathclyde Pension Fund 7,744,279 2.45% Nortrust
Nominees
Limited

The Alphagen Volantis Fund 8,695,822 2.75% Vidacos
Limited Nominees Ltd
A/C 1945

Gartmore Smaller Companies Trust 3,773,892 1.19% BNY GIL
plc CLT A/C
NOMS LTD
A/C LST

Gartmore Growth Opportunities 1,571,842 0.50% BNY GIL CLT
plc A/C NOMS
LTD A/C
NWSC

Total 40,592,810 12.84%



26 October 2005







This information is provided by RNS
The company news service from the London Stock Exchange

Gartmore sold 350,000 shares around the 7.50 pence mark this week - re: Holding in Company RNS release today.

Their loss...

This is looking interesting now.

It's looking good! How good remains to be seen.

So what's propelling the sp higher these last 2 days?

The shares have been doing a double bottom and yesterday's done a breakout from the last high

We are now into an UPTREND position

This one here capetown.

THX

Up 10% today so far,
Sue very lazy with this one,i just jumped in@10

Last year's trading statement was on the 27th of Jan

A lot of the good news (if any) with come with dollar-pound exchange rate. IQE reports in dollars, so we need a strong dollar, it is on the weaker side but still much stronger than when reporting last year. I've already made one nice profit and dont think it will be too long before i make another one. DYOR and good luck to holders.

Strong increase in volume this week along with a good rise....trading statement most likely to come on Thursday morning next week.

Nearly top of the trading range now, maybe time to short back to 6p?

sh new thread, well aware kivver all ready had his own iqe thread running.

Suehelens new iqe thread, i new thread set up for some reason, uuummmm i wonder why??

So who bought IQE then like I told to at 9-10 pence....now 11-11.75 pence on today's news.

Where's Andy...who thought they were going to 6 pence.

sue helen,

read my post 295 above!

I did NOT say they were going to 6p!

What is your definition of "maybe"?

Yeah what they all say now....Loser again Andy.

Press mention in the Independent today:

The former technology darling IQE, an intellectual property rights company involved in the development of silicon chip design, rose strongly to 11.37p, up 10 per cent on the back of a bullish trading statement and a contract win. The five-year contract, with an unnamed US manufacturer, is worth $2m (1.1m) a year to the group. It also said revenues for 2005 are likely to be about 55 per cent higher than in 2004.

http://news.independent.co.uk/business/analysis_and_features/article341580.ece

did anybody pick iqe to which i brought to peoples attention at 6.2p. SH then hijacked the thread and posted endless posts that bored the pants off me, she/he/it then started up his/her/its own thread to steel the glory.

bought at 3 and sold at 18 in 2003.