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

Perhaps the news for a further price hike?
Sorry about the duplication,but this is great news.It has certainly stimulated a bit of buying,

IQE in line after strong second half
Business Financial Newswire
Semiconductor wafer products and services supplier IQE expects full year results to be in line with market forecasts after a strong second half recovery.

Second half revenues are expected to be 45% higher than first six months.

And IQE says that with the benefit of high operational gearing and stringent cost controls, it expects to report more than a threefold increase in second half EBITDA from 1.9m in the first half, to deliver a full year EBITDA of approximately 8m.

Continued tight control of working capital and capex delivered substantial free cash generation in the second half of 2009.

As a result, net debt is expected to be significantly better than market expectations at approximately 15m - a reduction of approximately 4m since June 2009.

IQE's strong second half performance reflects increasing demand for Gallium Arsenide wafers in the wireless communications market, as well as a diverse range of high growth opto electronics markets.

IQE

Forget the arcana of epitaxial wafers and compound semiconductors. The Cardiff-based IQE is best considered the biggest independent supplier of essential raw materials to a rapidly growing market. Its core business is providing the polished gallium arsenide surfaces on which wireless microchips are etched and, given surging demand for smartphones, which carry four times as many chips as a standard mobile handset, its second-half sales have felt the effect: up 45 per cent on the previous six months. The longer-term draw is IQEs foothold in two emerging technologies: light-emitting diodes, the low-power long-life alternative to conventional light bulbs, and concentrated solar cells for power generation. For now, IQEs debt burden continues to fall to 15 million while restructuring during the downturn has left profits geared to improvements in sales. At 19p, or 19 times earnings, buy.

nice write up in the times finished with a buy recomendation

http://business.timesonline.co.uk/tol/business/markets/article6994489.ece

This sounds like good news.


Milton Keynes, UK. February 2010:IQE plc (AIM: IQE, "IQE" or the "Group"), the
leading global supplier of advanced semiconductor wafer products and wafer
services to the semiconductor industry, is pleased to announce that its UK based
wafer operation, Wafer Technology Ltd., is to extend its gallium antimonide
(GaSb) product range to include 4" diameter wafers.

GaSb materials are used in the manufacture of a wide range of products including
infrared laser diodes, detectors and thermophotovoltaic (TPV) cells that can
convert infrared (heat) energy into electrical power.

4" GaSb-Te wafers are now available and can be specified in the same way as for
existing 2" and 3" GaSb products. High accuracy orientations (+/-0.1 deg.) and
proprietary epitaxy ready finishes are offered to ensure consistent performance
in epitaxial growth. Whole 4" wafer etch pit density (EPD) maps (69 points) are
supplied to support yield maximisation in the manufacture of large area detector
arrays.

The new product offering will be produced at the Group's Wafer Technology
facility in Milton Keynes, UK.

Dr. Mark J. Furlong, General Manager at Wafer Technology, commented:

"Delivering 4" GaSb product is an important milestone for Wafer Technology,
especially at a time when the industry is looking to produce larger area
epitaxially grown arrays.

"Our 4" GaSb wafers have been very well received by our first customers
qualifying this product, so we are looking forward to satisfying new demands for
large area GaSb wafers in 2010."




Contacts:


IQE plc (+44 29 2083 9400)
Chris Meadows

Wafer Technology Limited (+ 44 1908 210 444)
Dr Mark Furlong





About IQE

IQE is the leading global supplier of advanced semiconductor wafers with
products that cover a diverse range of applications, supported by an innovative
outsourced foundry services portfolio that allows the Group to provide a 'one
stop shop' for the wafer needs of the world's leading semiconductor
manufacturers.

IQE uses advanced crystal growth technology (epitaxy) to manufacture and supply
bespoke semiconductor wafers ('epi-wafers') to the major chip manufacturing
companies, who then use these wafers to make the chips which form the key
components of virtually all high technology systems. IQE is unique in being able
to supply wafers using all of the leading crystal growth technology platforms.

IQE operates six manufacturing facilities located in Cardiff (two) and Milton
Keynes in the UK; in Bethlehem, Pennsylvania and Somerset, New Jersey in the
USA; and Singapore. The Group also has 11 sales offices located in major
economic centres worldwide.


About Wafer Technology Ltd

Wafer Technology Ltd is a U.K. based producer of III-V materials and epi-ready
substrates. Founded in 1957, the company has a long and well established history
in the manufacture of III-V materials and offers the widest product range in the
business.

Wafer Technology is a wholly owned subsidiary of IQE plc, the world's leading
MOCVD and MBE epitaxial wafer foundry. Close relationships with all Group member
companies supports Wafer Technology's thorough understanding of the latest
material and device market trends which in turn are utilised by the company to
develop new product types.

Wafer Technology's unrivalled choice of material types and forms enables it to
support almost any customer application.

One for the "UPS"

IQE 16.125 (16 / 16.25p )

Reason :Ready for turning after a large retracemen and good TA of short term double bottom and oversold, volume is picking up today. Very positive Level 2 with 4 v 1

IQE plc

02 March 2010


IQE plc (AIM: IQE), the leading global supplier of advanced semiconductor wafer
products and services to the semiconductor industry, will be publishing its
results for the year ended 31 December 2009, on Wednesday, 24 March 2010.

Drew Nelson, Chief Executive Officer, and Phil Rasmussen, Finance Director, will
be presenting the results to analysts at 9.30am at the offices of College Hill,
The Registry, Royal Mint Court, London, EC3N 4QN.

Buyers are now appearing on the ticker on a good size

Moving ahead as the company annonces the date of results

Notice of Year End Results
IQE plc -- 02 March 2010

IQE plc (AIM: IQE), the leading global supplier of advanced semiconductor wafer
products and services to the semiconductor industry, will be publishing its
results for the year ended 31 December 2009, on Wednesday, 24 March 2010.

IQE 17 / 17.50p +0.25p

Large trades during the last hour

Some buying this a m.
Results due out tomorrow

does anybody have an idea as to how the figures will look?

Good news this morning EQI back in the black 2M = profit

Even IQE. Volumes are upa bit as well

2009 Full Year Results

Strong H2 secures GBP3.0m full year operating profit and GBP3.7m free cash flow

Financial highlights

* Record H2 revenues of GBP31.2m result in full-year revenues of GBP52.7m (2008:
GBP60.5m)
* Sequential revenue growth of 46% in H2 demonstrates strong recovery after
industry wide inventory adjustments in H1
* Improved efficiency boosts gross margins to 22% resulting in GBP11.6m of gross
profit (2008: 19%, GBP11.8m*)
* High operational gearing and tight cost control delivers second half EBITDA
of GBP6.1m - full year EBITDA GBP8.1m (2008: GBP8.4m*)
* Pre-tax profit GBP2.1m (2008: loss GBP1.4m)
* Basic EPS of 0.47p (2008: loss 0.32p per share)
* Capital expenditure of GBP1.4m (2008: GBP6.6m) - normal maintenance levels
following conclusion of 2008 major capital programme
* Strong trading performance and cash management generated free cash flow* of
GBP3.7m (2008: GBP0.7m)
* Net debt reduced to GBP14.9m (2008: GBP18.1m)

oops my mistake, profits are shown as in excess of 3m

Some good reading from the highlights ...........

Achieved qualification with all of the major wireless chip makers, putting IQE in a very strong position to continue to grow its market share organically and mitigating customer risk;

Some positive things llike ........Net debt reduced to GBP14.9m

Strong positive statement to look forward like ........they are positioning themselves in new markets such as SSL and CPV which will provide significant opporunities for growth and balance out any future market erosion as their core tech platforms and competencies become increasingly commoditised.

Nothing like a good positive attitude from directors to keep me happy
Money AM:-IQE announces that on 25 March 2010, Dr Godfrey Ainsworth, Non-Executive
Chairman of the Company, purchased 222,379 ordinary shares in the Company at an average price of 17.82 pence per share.

1.8M buys and no sells and the bid price ends lower. Anybody able to help me get my head round this ?

A good deal of buying interest today on good volume.(2.5 m).the outlook looks good as well. Up.75 to 17.25

Yet another director increasing his holding :- IQE announces that on 6 April 2010, Dr Howard Williams, Group Chief Operations
Officer of IQE, purchased 62,000 ordinary shares in the Company at an average
price of 16.5 pence per share.