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

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

StockMarketWire.com
Shares of IQE rose Monday after its NanoImprint Lithography technology had production qualified by a 'leading' supplier of Distributed Feedback lasers into the telecoms industry, and the first production order for $0.25m had been received.

Compared to conventional interference holography, the supplier found that using IQE's proprietary NanoImprint Lithography gratings provided greater precision and dimensional control, better pitch and duty cycle uniformity and narrower lasing wavelength, IQE said.

Distributed Feedback, or DFB, lasers are high performance edge emitting lasers that support the transmission of high-speed data communications across the whole fibre optic network.

'This production qualification marks a significant milestone in the introduction of IQE's proprietary NanoImprint Lithography technology into the mainstream telecoms industry& IQE's IP portfolio is gaining significant traction, allowing the Company to offer new, disruptive technologies to the broad semiconductor marketplace,' Dr Rodney Pelzel, VP Global Technology for IQE.

IQE’s Wireless Business Unit renews major contract with Tier 1 Customer
Cardiff, UK. 24th July 2018: IQE plc (AIM: IQE; "IQE", the "Group") announces that it has successfully renegotiated its long-term supply contract with a premier tier one customer for the supply of wafer products used in wireless applications, and in doing so extended the range of products covered and increased the overall IQE share of the customers’ epiwafer requirements . The contract is estimated to be worth in the order of USD60 million through to September 2019.

The supply contract guarantees IQE ~80% of the customer's demand for epiwafers and underlines the strength of the long-term customer relationship that IQE has developed over many years, having consistently been recognised as one of the customer’s best performing suppliers.

IQE's Wireless segment continues to leverage its global manufacturing facilities to fulfill the supply contract from its North American facilities in Massachusetts, and North Carolina, as well as its main wireless manufacturing site in Taiwan.

The contract covers epiwafer products for radio frequency (RF) applications including power amplifiers (PAs), low noise amplifiers (LNAs) and switches used in a wide range of connected devices such smartphones, tablets, PCs, routers and other Internet of Things (IoT) devices. Demand for compound semiconductor enabled devices is expected to underpin the roll-out of 5G over the coming years.

Daily Hill, Head of IQE’s Wireless Business Unit said:
”This contract revewal confirms our position as a clear technology leader and the number one choice for advanced semiconductor products for wireless applications.

”IQE’s epiwafer products have been behind the global adoption of 4G/LTE and WiFi systems and this major supply contract underlines the world-leading performance which IQE products provide for current and next-generation wireless applications including the global roll-out of 5G.”

Reminds me of a status quo record

DOWN DOWN

I am getting bored!! It is beginning to look like a heartbeat chart of someone in hospital ... Hoping for a speedy recovery though

Best change your hospital rh......

Declared short positions steadily increasing during July to 11.26%