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

Dont the toys come out of the pram when anybody exposes your silly
and blatant ramping.

Suggesting a chart will go in a straight line from 26p to 100p in a stock already
valued at 110 million is crazy.

RDG
Stranger things have happened,sunshine.Why not buy a few?

chessplayer.

Firstly imo i think the price is too high, i dont chase breakout stocks, i like the more
riskier but more rewarding bottom fishing trading scenario, also you should make a note of every stock Rsi ramps here for the odd day and then check the prices a
week later, most of them will lose you money if you chase, i dont like the person and from experience the most well known advfn pump and dumpers get very abusive when exposed so i guess it's a guilty concious from his :-))

Good luck if you are in though.

RDG
The hardest part of the stock picking is always separating the wheat from the chaff. It is always going to best if you can keep the emotions out of it. They tend to distort ones' perspective.
I'd be interested to know what stocks are worth having a look at.

Have the "girlie" remarks come to an end. It is not ramping to read good news from the company about the past and indeed the future. More to come as there is a global shortage of Wafers (but no so "Wafflers" regretably!) Thank goodness this is fun as well as profitable.

And if it is "ramping",who cares.
If you like a stock push it.
Doing otherwise makes no sense at all!

JUST is case you do not know

"gravy" is a proper WONKER trying to find faults even where there are not - the chart ( where someone was suggesting a BREAKOUT so it could go the same way on the other side no time limit ) But the stupid SOD things is tomorrow.

The language is strong but I do not take " bullsh!t " from anyone this days

"ravey" was Expelled from ADVFN and iii

You write total crap RSI.

If i want to post on advfn i can in seconds, and i've never been expelled
from any site.

You are a pure pump and dumper and rarely hold a stock for more than
a day so all you are doing by posting on other sites is trying to trap others
in so your profit will be greater, surely advfn is enough for your ramping
but you seem to be pump and dumping on every site there is !

50p target from Cenkos today:

IQE announced strong first half results this morning (IQE LN 26p, BUY). No real surprises here; the figures themselves are great, but had been well flagged in the recent IMS. Revenues were up 54% (to 33.0m), EBITDA up 184% (to 5.4m). Nevertheless, seeing the figures printed on the page is a stark reminder of just how well IQE is doing and the companys comment that sales are ahead of expectations should spur upgrades to consensus estimates (we are reviewing our forecasts). Before today we were at 1.0p and 1.4p respectively for EPS in 2010 and 2011. Wireless is the engine room and, importantly, IQE is designed into the majority of top-tier smartphones including the iPhone, and therefore remains fundamentally very well placed in wireless. Divisional revenues were up an impressive 52%. As we have previously noted, the compound semiconductor content in smartphones is continuing to grow; this something which underpins further strong growth for IQE. Optoelectronics did even better (up 55% - but off a much lower base). Here emerging optoelectronic markets are accelerating; CPV solar up 100% and VCSELs for finger navigation and optical USB up 70%. Electronics was up 102%, driven by advanced BiCMOS and initial sales of IP rich advanced substrates (GeOI and SOS). When we initiated in July (see IQE: The Long View), we set a 25p target price, but our analysis also pointed to medium-term earnings potential of over 3p per share. Todays results and outlook gives us added confidence that IQE can get there, and in so doing crystallize a share price towards 50p

ravey davy gravy

re - You are a pure pump and dumper and rarely hold a stock for more than
a day

Cought with the trousers down, I have not bought IQE for the last Year, how can that be posible.
And If I buy the stock for trading is on the basis of a week to 4 weeks, not 1 day.

The only "CRAP" is YOU, is shows on the nickname plus following me AROUND, that is call STALKER, by the way is an offence.

You are such a foul that you believe you CRAP, I have not said a word about IQE today, so stop talking rubbish a stock of the valuation of IQE and being on the Level 2 with 10MMs, I could not be influence any bullish comment by me ( if I did) so pack your bags and go to post somewhere were do not mind your RUBBISH.

hondaman

thanks for the report 50p would do though one will have to wait a bit.

Holding for the best of the day 28.125p and do not expect to move higher on the offer side as there is 3 MMs at 28.50p

"stalker"

Get a grip !

not one but 2, just one less than your nickname 3

You have been posting after me for the last two weeks, on thread you have not post in your life like today in IQE.

Full of ENVY cos share price goes higher, just too bad.

bdw - ENVY should be on your nickname, to discribe you propperly

OK you guys I`ve changed my mind - keep taking space up with nonsence - its doing wonders for the SP

This morning, IQE (IQE.L, 25.5p), the global market leader in the production of outsourced compound semiconductor wafers, released its interim results1 for H1 2010. Headline numbers, while good, should not overly surprise the market given they are in line with the upgraded guidance released by the company in the July trading statement. This was for revenue of c. 32.8m (versus 33.0m reported this morning) and EBITDA of c. 5.3m (versus 5.4m reported this morning). Operationally, the key driver for the shares remains unchanged, that of the continued
increase in the absolute number of smartphones sold, as well as the continued growth in the amount of compound semiconductor material found in smartphones. Crucially, the group also reported that the second half has begun well, with sales now anticipated to be ahead of expectations as a result of a strong performance across all of the Groups product ranges. This outlook statement will drive earnings upgrades, with the prospect of more to come. We believe the shares are attractive (19.0x FY2011 earnings) and offer one of the cheapest, and most operationally geared, ways of gaining exposure to the continued trend of worldwide growth in smartphone sales.

EBITDA of 5 mil and you expect this to be worth 400 mil + Rsi.

No wonder you get abusive when anybody dare question your ramping.

Even if profits jump it still has to justify the current valuation let alone
a much higher one.

Not sure with tech stocks that valuations are always relevant. ARM's valuation is currently 37 times forward earnings, which is considered to be absurd, yet the sp remains on it's upward march. Maybe the momentum & the sentiment factors are more important here. My feeling is that, once again, the tech stocks will end in tears, but no harm in profiting along the way. (I hold neither ARM nor IQE at present).

Hello harry,I like your sober approach. What are you finding attractive at the moment?

SKR & SXX as potash is the new hot commodity! Crazy valuations for companies not yet producing, but graphs looking good.
Maybe coal is a better, less risky bet. (XTA, CDN, NCCL, CZA, BHR)
Most of these are high risk, so just trading a few of them. Much like IQE, the graph looks good, so why not ride the wave?