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

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.

muddy waters shorts has gone down from .93% to .68% to.48%

So, if they were that confident of their research, why reduce?

never listen to brokers/hedge funds DYOR.

Harry. The word bullsh???ers comes to mind.

They do occasionally get it right. Gotham v QPP is one that springs to mind.

short position now at 9.08%

RNS Number : 5897F
IQE PLC
22 February 2018

CSC industry partner ICS Ltd, announces joint development and launch of new high speed (10-25G) detectors for superfast broadband fibre optic applications

Thursday 22nd February 2018: The Compound Semiconductor Centre (CSC), a joint venture between IQE plc and Cardiff University, has announced its key role in the launch of a new product line of high speed InGaAs-InAlAs PIN and APD detectors with one of its industry partners.

The full announcement by Integrated Compound Semiconductors Ltd (ICS) and CSC is available on the CSC website at: http://www.compoundsemiconductorcentre.com/

As part of its commercialisation strategy, ICS is planning to use IQE as its key wafer supplier, providing its own customers with a clear route to high volume product ramp. This provides the first example of the effectiveness of the CSC JV business model, and further announcements are expected in due course from some of CSC's other industry, academic and development partners. CSC is currently engaged with over a dozen high profile partners and together they have already won projects to the total value of over £5 million over the last 18 months. CSC is playing a key role in attracting customers to carry out development work within the Compound Semiconductor Cluster , CS Connected, which will be profiled at the upcoming 'Festival of Innovation Week' in London on Wednesday 7th March.

https://www.eventbrite.co.uk/e/cs-connected-building-the-worlds-first-compound-semiconductor-cluster-tickets-42537923073

while you lot continue to snooze or just waste time with fred and the like, this one has been making a strong recovery as (probably) the institutional bears start banking their profits ..... the original operation perhaps being started on the back of questionable allegations

it was only 8/2 that sp had been talked/walked down to 100 and it now sits at 130