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

Precisely ! It would be like shooting yourself in the head just for the fun of it.

Not a problem changing Auditors, the problem may or may not arise when they audit 2017 figures because I believe last lot only up to 2016. Have I got that right?

of course 2016 were the last figures to be audited

And the new Auditors gave Carillion a clean bill of health LOL!!

a somewhat different case, though imo CLLN should have been brought up sharp a long time ago

IQE is a tiddler, and as far as i can determine, the heart of the question is whether or not monies received from X and Y have been correctly identified and allocated

i'm not sure if you ever buy any stocks at all, but assuredly there is no compulsion to buy those which you do not like for whatever reason

Not a holder cynic, just winding mentor, RSI or whoever he's calling himself this week up :0) No sense of humour.

that slime rarely appears in any form, and in any case, he has mended his manners of late

Oh yeah that'll be right LOL!!!

post 1450 : ???

mentor aka several other sobriquets

shorters position now at 9.9% slowly leaving the building.

good info ... thanks
i can't remember what the level was at its height (depth?) - can you?

I think the declared level was about 12.4%, not absolutely sure though.

I believe it was @12.38%?

Edit :- posts crossed :-)

Yep, probably!😊

😃

12.39 on 23 Jan plus those holding less than 0.5%. The total was thought to be over 20% but who knows how that was worked out.

Looking back, Harry mentioned a total of 23% given by the FT. About half from hedge funds holding more than the 0.5% reporting requirement.

short position now at 9.17% slowly but surely

Interesting, possibly, that Muddy Waters have reduced their short position to below the notifiable limit.