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

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

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

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

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

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

Intraday

5 month MA and Indicators

A new (recent) high @55.25p

60.75p.

New Highs 62.5

From Friday - Stockwatch: Where next for this triple-bagger?

BBC Wales news last night.

New 10+ year high @69p.

Another high @71.75p with good volume.

A new high @75.50p.

Topped up again this morning

@79p and going north !!

@83p

[PDF]IQE Imperial Park Newporthttp://[PDF]IQE Imperial Park Newport

http://documents.newport.gov.uk/Northgate.WebSearch/.../Download.aspx?ID=5235471

is this the link you want?

IQE Imperial Park Newport

yes , thanks skinny !

now we know why the recent strength ......

THERE IS EMERGING speculation that technology designed by compound wafer company IQE could feature in the new Apple smartphone, the iPhone 8. If true, this could have substantial earnings implications for the company, and possibly see the share price more than double from current 87.25p levels to 185p, according to broker Peel Hunt.
Cardiff-based IQE designs advanced semiconductor wafers used in many emerging applications,from infrared sensing to laser-based photonics. Rumours imply that
the iPhone 8, expected to launch sometime in the autumn, will feature 3D sensing and gesture recognition functionality based on vertical cavity surface-emitting laser technology (VCSEL), in which IQE is believed to be a world leader.
If proven and ‘the upcoming iPhone launch is successful, it is also highly likely that we would upgrade our forecasts substantially,’ states Andrew Shepherd-Barron, an analyst at Peel Hunt.
In 2016 Apple sold 211.9m iPhones and it has shifted another 129.1m handsets year-to-date, according to data supplied by Statista.
Having worked through several scenarios, Shepherd-Barron believes his year to 31 December 2018 earnings per share (EPS) estimate of 3.4p could soar as high as 15.4p on a best case basis.
His mid-point forecast is 6.2p, on which the 2018 price to earnings (PE) multiple would stand at 14.1, or 16.1-times based on the analyst’s 100p target price.
At the time of writing IQE was unable to confirm or deny the speculation.

Topped up again.

Nice!😊

Excerpt from the Welsh Assembly:-

The Record of Proceedings
21/06/2017

Adam PriceBywgraffiadBiography
If we could move, finally, to another major project, could the Cabinet Secretary update us on the compound semiconductor foundry and cluster project announced as part of the Cardiff city region city deal? I understand that the city region team are in negotiation with your own property team over the acquisition of the packaging and testing building on the old LG site, which has been empty since 1996. Now, this project, linked as it is, according to industry sources, with a major IQE contract for its vertical-cavity cell technology, which will be intrinsic to the 3D sensing camera in the new iPhone 8 has huge potential—transformative potential—for the Welsh economy. I’m told that haggling and foot-dragging by Government over the terms of the acquisition of this empty building has meant the company has now had to prepare a plan B, which would involve manufacture at its facilities in North Carolina, with a consequent loss, potentially, of thousands of jobs to the Welsh economy. The fourteenth of July—the next meeting of the Cardiff city region Cabinet—is the absolute deadline for a decision. So, can the Cabinet Secretary assure us it’s a deadline that we will absolutely not miss?

Ken Skates Bywgraffiad Biography

This is one of the most important projects on my desk at present. It’s a huge opportunity, not just for Newport, not for the city region, but for the whole of Wales. This represents our move, our transition, to the economy of the twenty-first century, where automation, where robotics, where information technology will become ever more important. My officials are in contact with IQE, but I am personally as well, with a view of ensuring that this incredible opportunity is delivered for Newport and for the rest of Wales."