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

IQE appoints business development director
StockMarketWire.com
Advanced semiconductor wafer services specialist IQE has appointed Adrian Meldrum business development director.

Meldrum will have specific responsibility for developing IQE's growing position in opto electronic products.

He joined IQE in October 2009, and has more than 15 years' experience in the optoelectronics market sector having held a range of technical and commercial roles with JDSU and more recently, business development and sales and marketing roles at Bookham (now Oclaro) where he was executive vice-president and general manager of the telecom division until joining IQE.

Story provided by StockMarketWire.com

IQE up 2 (10 %) to 21.25 on news below. The outlook appears excellent.

IQE ahead of target
StockMarketWire.com
IQE, which supplies semiconductor wafer products and services to the semiconductor industry, said it expects to report H1 revenue of at least 32.8m.

The company said as a result of stronger than expected wireless product sales and increasing demand for optoelectronic and silicon-based wafers, it expects first-half performance to be significantly ahead of market expectations.

The Group expects to report first-half revenues of at least 32.8m, EBITDA above 5.3m and retained profit of more than 2m. Compared with the first half of 2009, this represents revenue growth of over 50% with EBITDA up over 178%, illustrating the Group's powerful operational leverage.

First-half growth was driven by good recovery in the wireless market with particularly strong demand for smartphones. The Group achieved higher than expected sales in the normally weak first quarter with demand accelerating in Q2 and looking robust for the remainder of the year.

The outlook for the second half remains positive with IQE expecting continued strength in sales volumes driven by increasing demand for smartphones and high-speed wireless technology, as well as for consumer optoelectronic devices. Demand-driven growth is being reinforced by an increasing trend towards outsourcing across all the market sectors in which the Group operates.

Dr Drew Nelson, CEO, said: "Strong growth has returned in IQE's key markets with higher than expected sales of smartphone products in Q1'10 and accelerating growth for optoelectronic products and silicon-based epiwafers for innovative consumer technologies. In addition, demand for energy-efficient third-generation CPV solar products and Solid State Lighting (SSL) devices continues to grow strongly.

"The Group's operationally geared model has translated strong revenue growth into even stronger growth in profits and the Board remains confident of strong demand for IQE's world-leading products in the second half of 2010."

IQE expects to report its interim results on 1st September 2010.

Story provided by StockMarketWire.com

revenue growth of over 50% with EBITDA up over 178%,

Looking forward to 1st September 2010 then

This stock should be going up,not down.
The good news is certainly in abundance.

Stock to watch: IQE

Edmond Jackson
15.07.10 13:00






This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

The semiconductor industry is making positive noises, both 'top down', in terms of industry perspectives and 'bottom up' regarding company trading statements - a notable one being from AIM-listed IQE (IQE), a small cap with operational gearing.

This semiconductor wafer supplier reports that as a result of stronger than expected wireless product sales and increasing demand for optoelectronic and silicon-based wafers, its board expects its first-half 2010 performance to be 'significantly ahead of market expectations'. Brokers have anticipated about 4.5 million pre-tax profit this year, for earnings per share of about 1.0p.

Better than expected sales were achieved in the normally weak first quarter, with demand accelerating in the second quarter and looking robust for the rest of 2010.

It ties in with industry reports, for example in the US where the semiconductor association has just cited industry sales above pre-recession highs. The consensus among analysts for 2010 sales has increased sharply from about 15% to 28% amid spending on personal computers, mobile phones and corporate IT.

Experienced investors recognise microchips as a roller coaster needing judgment both on consumer spending and the corporate investment cycle for IT. It can be tricky weighing the 'discretionary' (non-essential) aspect regarding some products, yet key launches - for example the latest iPhone - are being seen as 'must have' products, driving demand for components.

Charts for corporate investment have involved false dawns. So you are left waiting for firm evidence that both the consumer and corporate markets are in upswing, even if some of this is then reflected in share prices.

At about 22p currently, IQE has jumped from 18p marking a medium-term high after plunging near 4p with the 2008/09 bear market; however the shares have tested 20p various times since 2006 and arguably the company is now in far better shape with innovations nicely timed as demand improves.

With 445 million shares in issue it means a market value near 100 million and better liquidity than most small caps; yet this also dilutes earnings per share. Company REFS have shown the recent brokers' consensus for earnings per share of 1p this year and 1.25p in 2011.

So even if IQE achieves its 2011 scenario this year, the price-earnings multiple is in the late teens - which some investors might consider is rather pricing in expectations given the inherent risks of a smaller company.

Yet with signs of the cycle turning decidedly in IQE's favour, and if fears of a double-dip recession are overdone, on two-year view this kind of multiple can still end up proving good value. Capital growth is the sole determinant here, IQE does not pay dividends.

The company's operational gearing is shown by first half year revenue growth over 50% to about 33 million with operating profit up near 180% to 5.3 million and retained profit over 2 million. Besides the wireless market including smartphones, it will be interesting to watch how performance evolves for several other areas of IQE's business.

Optoelectronics, where IQE boasts a world leading 'vertical cavity surface emitting laser' technology, is seen as becoming critical to various new consumer applications - requiring internal connectors that enable data transfer speeds much faster than conventional USB cables.

Another growth angle to follow is applying wafers for energy efficient products such as light emitting diodes (LEDs) - potentially a colossal market. Head torches for outdoor use have been transformed by LEDs relative to bulbs, lighter and with far more powerful light. There are myriad applications.

Management also cites a return to growth in the first half for silicon-based epitaxy services for high-performance electronic products. The more specialist the products the harder it is going to be for investors, if not management, to judge changes in demand. Realistically you are left taking a view on whether an improvement in consumer/corporate spending, twinned with advances in electronics, translates into a robust prospect for IQE.

While this update has now informed investors of the broad improvement in IQE's market and quantified its improvement in trading, the actual results on 1 September are likely to reiterate the growth story.

From the end-December balance sheet, reported at prelims last March, financial gearing was about 50% although the interest charge reduced nearly 40% to 458,000 against 3.9 million operating profit. The ratio of current assets to current liabilities was a bit tight at 1.2 times, with 16.8 million trade payables versus 13.3 million receivables, yet manageable. Of 29.8 million net assets, 19.2 million were intangibles although IQE could be fairly described as an intellectual property business. Overall its balance sheet is satisfactory.

Once out of the closed period in early April, several directors bought shares: the chairman 222,379 at 17.8p to own 3.2 million; the finance director 60,000 shares at 16.5p as a maiden purchase; and the chief operations officer 62,000 shares at 16.5p to own 77,000 shares. This was meaningful buying supported by the progress now reported.

In summary, there is an attractive risk/reward profile here: market leading technology in a decent spread of 'new product' applications and a profit growth trend firming up attractively since 2008. Both the top down and bottom up indicators look supportive hence at about 22p a share it looks realistic to target 20 to 30% upside on a one-year view. If demand is coming together like various reports suggest, with another spell of recession avoided, this could prove conservative.

For more information see iqep.com

Continuing to look good, with results due Sep. 1



IQE plc

("IQE" or the "Group")



IQE plc (AIM: IQE), the leading global supplier of advanced semiconductor
epitaxial wafer products and wafer services to the semiconductor industry, is
pleased to announce that NanoGaN Limited ("NanoGaN"), a wholly owned subsidiary
of IQE, has been granted two separate patents in relation to its nanocolumn
technology for the production of advanced blue and green lasers and LEDs.

Patent 2008-549935 has been granted by the Japan Patent Office to NanoGaN and
protects the Group's proprietary nanocolumn technology for producing high
quality, free-standing gallium nitride substrates, which are critical for
manufacturing high quality blue and green semiconductor lasers and ultra high
brightness LEDs for Solid State Lighting ("SSL").

A second patent, No.2446471, has been granted by the UK patent office to protect
the process for manufacturing semiconductor devices such as laser diodes, LEDs
and solar cells, directly onto the proprietary nanocolumn platform.

The production of advanced blue and green semiconductor lasers and ultra high
brightness LEDs requires stable, high quality substrates with minimal defects to
increase yield and therefore reduce manufacturing costs.

IQE acquired NanoGaN in October 2009 with the aim of assisting in completing the
development of commercial products and thereafter transferring the technology to
its high volume production facilities.

IQE's acquisition of NanoGaN complemented and enhanced IQE's product portfolio
by accelerating the Group's strategic plans to develop a leadership position in
the emerging high growth markets for advanced laser projection, high definition
optical storage (including Blue Ray products), high resolution laser printing
and SSL for industrial, commercial and residential lighting. It is envisaged
that NanoGaN's core technology may also be used to further enhance IQE's leading
position in the supply of GaN products for high power RF applications.

Dr. Drew Nelson, Group CEO and President said:

"Continuous innovation is one of IQE's key attributes that enables the Group to
offer its customers the broadest portfolio of leading edge semiconductor
technologies available.

"Adding these new patents to our existing portfolio, combined with strong
internal practices to protect intellectual property and know how, play a vital
role in ensuring IQE's position as a global leader in the manufacture and supply
of advanced semiconductor wafer products for the wireless, optoelectronic and
solar industry sectors."






Contacts:


IQE plc (+44 29 2083 9400)
Drew Nelson
Chris Meadows

Execution Noble & Company Limited (+44 20 7456 9191)
John Llewellyn-Lloyd
James Bromhead

College Hill (+44 20 7457 2020)
Adrian Duffield
Carl Franklin


[HUG#1435630]

Into a BREAKOUT today after the good news

A very bullish outlook for IQE by the chartist in todays' Shares mag. (target of 38, with more to follow)

Only been in this one for a month and already its paid for a holiday - but I am staying put (and taking the holiday!)

Masterbates can you do a chart of your ass,

The B@stard ( 3509 ) is exploring ways of getting stuffed for free

Tired of losing money once again?, telling lies to TOM, DICK and HARRY, just get lost to the closest CESSPIT that is your place,
instead of trying to give hartime to " cynic " with the jews jokes.

cought with the trousers down once again

Pooh, the technical term for fertiliser, maybe you should buy some on the form of SKR @ 19.75p.
Formed a perfect bowl shape ready to blow north ( maybe is full of POOH )


Clubman3509 - 05 Aug 2010 14:38 - 1076 of 1077
Pond life septics bringing BP down again, I would love to send them something bad.

Clubby,methinks he gave you a good tip on the fertilizer.
I should take it up.
NO SHIT !!!!!!!!!!!!!

No movement today,as yet, but a good deal of buying

UP to 25p again and looking for a higher BREAKOUT.

as usual everyone will appear when this rises.

Technology industry faces chip shortage Manufacturers have failed to make enough semiconductors and other high-tech components 24th August 2010

http://www.guardian.co.uk/business/2010/aug/24/technology-industry-faces-short-supply-of-chips



http://www.electronicsweekly.com/Articles/2010/07/09/49010/iqe-claims-leadership-with-40gbits-laser-demo-for-intel.htm

a break above the 25 p resistance level (25.5) is very positive, with very good results due out next week

Hurdle number one (25p barrier) achieved - it now remains to see if progress can be maintained after expected good results or whether the market will take another view !!

Keep fingers crossed,I bought a few more today.

I'll tell you what : that blinkin middle east crap thread is getting on my nerves....everytime you look for this or Afren or one of the other intelligent threads you stumble across that at the top of the board...grrrr....anway in this and I like the rise...should go a lot, lot further....