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

Declared short interest now 8.9%......shorters capitulating very gradually.

StockMarketWire.com
IQE reported adjusted profit before tax rose 18% to £24.3m for the year to the end of December, from £20.6m the previous year.

Total revenue rose 16.4% to £154.5m from £132.7m driven by strong wafer sales which helped to offset license income weakness.

Wafer sales - representing 99% of revenue - were up 21% to £152.6m driven by Photonics, where sales were up 109% to £47.6m. License income - representing 1% of revenue - fell 71.9% to £1.9m from £6.7m.

Adjusted fully diluted EPS increased by 16.3% to 3.4p.

IQE said that after a significant ramp in production during the second-half of 2017, the current financial year has started in line with expectations. The outlook for the full year and beyond is for continuing strong growth.

Dr Drew Nelson, IQE Chief Executive, said: 'Photonics continues to be the star performer with 109% year on year growth in sales, and H2 sales up more than 160% over prior year H2.This substantial growth is largely being driven by VCSEL products for mass market consumer applications that ramped through H2 of 2017. The depth and breadth of customer engagements in Photonics provides a solid platform for continuing strong growth with several new product launches forecast over the next 12-18 months for multiple OEMs.'

British executive Phillip Rasmussen dies after being knocked off bike in Minorca

Not looking great. The Donald has bitten of more than he can chew.

the man is a complete lunatic
that said, there is no question but that the chinese are totally unscrupulous with regard to everything from stealing intellectual copyright to dumping

assume you mean "steeling"

wish it was only steel

What exactly are we talking about here??

trump

more bad luck, news extreamly sad, dogged by it, 90p to see again p/e to high
has been said, in more than one place. trade war may restrain sales next
results static. BB

Really bleak here......shorters kicking in.....80p...perhaps.....dear oh dear....bad.... really bad....

Or not....

Not as bad as feared but will be happier if we see prolonged trend showing some promising MA10 and MA50

Declared short interest just nudging up slowly....now 8.6%.

good ..... i think they all got their fingers burnt last time, so if sp falls enough, i may well buy further

apparently shorts now running at about 10%

however, unless i have read this totally wrongly, it looks that GS have been buying heavily and now hold 6.38% as notified 26/6

further shenanigans this morning with sp +10% this morning
a coordinated bear squeeze perhaps?
i don't care, for i hold anyway

So do I but with a s/loss on it though