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

Astonishingly good.

Very often, an issue of a big wodge of shares - normally below the current market price - is bad news, diluting existing share values and sharing the dividend more thinly. But the rationale behind this particular placement (and at nil discount!) is very positive indeed. They had (I think) a hundred machines producing wafers, and recently ordered 5 more to cope with demand. Demand however is so strong that they are ordering 40-60 more! This placing will fund that.

I've got some widgets in the shed if that helps juzzle .

Updated assessment by N+1 Singer:

N+1 Singer - IQE - Ramping up for 2019

IQE has announced a placing at 140p to raise c.£95.1m. The new funds will enable it to scale the business to take advantage of the growth opportunities in 3D sensing and other mass market opportunities. The group has also confirmed that if the current VCSEL ramp continues on its current growth curve, there is potential to exceed current FY’17 expectations. Our published bull case scenario shows the potential for 81% upgrades to FY’18 EPS and we believe this placing is indicative of demand for IQE’s products well in excess of our current forecasts. The new tools bought with the funds from this placing are unlikely to deliver material revenue until FY’19, however, we expect previously announced capacity increases to enable significant upgrades in FY’18. With continued strong newsflow likely we believe the shares remain attractive and retain our positive view on the stock.

IQE
smiling all the way to the bank as sp jumps 14% to 160
i have a trading position as well as a lump in my sipp

Well done you lot being in this one.....missed out on this.....perhaps too late now to get in....careful...that there might be a bubble burst shortly....

Just closed 15% of my holding.

Am I being greedy hanging for more?!

Well, you can afford a stamp now skinny!😃

Schroders holding 6.090%

T. Rowe Price International Ltd > 11%

posted by poombear on another bb, a snippet from a new interview with Iwan Davies, group technology director at IQE.



"Philips, which had been producing VCSELs on three inch wafers for many years, claims to have now produced more than 500 million devices in the last two years, up from 200 million across the previous decade. The company also claims to be ready to migrate to six inch wafer processes."

EDIT: Here is link to article which has much more positive stuff (thanks Rivaldo):
https://compoundsemiconductor.net/article/102920/VCSEL_home-run_for_IQE

Sir Derek Jones appointed as a non-executive director at IQE - brings some strong connections:
http://www.moneyam.com/action/news/showArticle?id=5762291

Barclays Capital Overweight 167.00 - 210.00 Initiates/Starts

Director/PDMR Shareholding

IQE plc (AIM: IQE) was notified on 4 December 2017 that Mr Phillip Rasmussen, Finance Director of the Company, sold 353,012 ordinary shares of 1 pence each in the Company ("Ordinary Shares") into his Self Invested Personal Pension ("SIPP"), and Dr Howard Williams, Operations Director of the Company, sold 537,202 Ordinary Shares into his SIPP. Both sales were executed at the gross average price of 162.875 pence per Ordinary Share (the "Transactions"). These Transactions, which were undertaken for tax planning purposes, were completed on 4 December 2017.

Following the Transactions, Mr Rasmussen's beneficial ownership of Ordinary Shares are unchanged at 1,573,357 Ordinary Shares, representing 0.2% of the Company's issued share capital, and 2,211,444 unexercised fully vested options over Ordinary Shares. Dr Williams' beneficial ownership of Ordinary Shares are also unchanged at 2,392,965 Ordinary Shares, representing 0.3% of the Company's issued share capital, and 3,089,907 unexercised fully vested options over Ordinary Shares. In addition, Mr Rasmussen and Dr Williams each have 5,226,108 share options, which vest in January 2019 subject to performance criteria.

Same holdings held - merely filed differently ;-)
Just a shame that it has to carry a 'SOLD' headline.

Juzzle as I've posted elsewhere, I've underlined the 'helpful' hints in the above post :-)

Looking oversold?

A very impressive pdf presentation put together last month by IQE. Well worth a read:

http://www.iqep.com/media/166855/Introduction-to-IQE-November-2017.pdf

Holding(s) in Company - T. Rowe Price Associates, Inc. --> 11.55%

Where is the end of the falling?
Has gone under the 50 days Moving Average, an important buying issue on the past

Is 143p the buying point for a bounce?