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

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.