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

Nope :(
But the holding I do have has done nicely. And I have amended the expiry on my orders (120p, 125p and also 130p) from 5pm today to 5pm tomorrow - in case today's rise is driven partly by shorters buying to close (though the volumes now suggest we've gone way beyond that logic and into the 'everyone has suddenly twigged it's for real' territory)

time constraints are always a problem with s/b

Yes thanks Kim - 91°C on Sunday.

Could prove a pivotal day today!

Back to the Taverna :-)

I hope you meant 91°F Skinny!😃
Yes, good day today, enjoy the Taverna!👍

-91 deg C is -131 deg F......I think skinny is on the Retsina!

he's obviously just chilling out as IQE continues to chug north :-)

😃

Anyone subscribing to the MoneyAM Level 2 platform please take note that most days it is not reporting the correct Trade High nor Trade Low information and "some days" not reporting the correct Opening Price or Closing Price.

The reason is because MoneyAM's Level 2 system is not correctly sensing the Auto Trades or Ordinary Trades correctly so is wrongly reporting them

Anyone subscribing to the MoneyAM Level 2 platform please take note that most days it is not reporting the correct Trade High nor Trade Low information and "some days" not reporting the correct Opening Price or Closing Price.

The reason is because MoneyAM's Level 2 system is not correctly sensing the Auto Trades or Ordinary Trades correctly so is wrongly reporting them

£5m cash borrowings up, no divi placing on the horizon. [ 155p] target brokers
150p . price @ 155 is value in future. buying keep going on, regardless of value.

keep up with the game and you may understand .... inter alia, AAPL is due to annouce figures on 12th with a report on thier new i-phone8 (i think) which does or will be using IQE wafers ..... there are also other bits of important progress on the IQE horizon

of course, you don't need to either buy or hold :-)

31st aug marshall wace ups short to 2.01% egg on face, who has got it wrong BB

meanwhile IQE +11p = 158p = +7.5%

iPhone 8 leak

Is it yet clear that IQE is involved in all this ?

extremely unlikely if not impossible
all indications are that it was an Apple internal job

Tomorrow's product launch announcement by Apple is scheduled for 10am. They are on US west coast, so that translates to 6pm UK time.

I think it's the facial recognition part of the new phone which benefits IQE:

https://www.theguardian.com/technology/2017/sep/10/apples-latest-iphone-name-leaks-ahead-of-official-release

The welsh seem to recognise the potential:

http://www.iqep.com/media/2017/2017/2017/09/historic-signing-seals-world%E2%80%99s-first-compound-semiconductor-cluster-in-south-east-wales/

Electronics Weekly suggest what we think we already know!😊
https://www.electronicsweekly.com/news/business/ige-big-winber-iphone-launch-2017-09/

Delayed iPhone X launch pressures Apple stock

Apple iPhone X: the internet reacts