Recommended as a sell and maybe buy back in the autumn in Shares Magazine. Seems to be going up nicely on fairly large volumes ahead of interims on Wednesday (18.8.04). Does anybody know much about this company??

Very big trades reported on Wednesday as well, look like buys at mid-price.

12 303R28CQ04 7.25 1250000 O 7.0 7.5 16:11:43 1,250,000
146,655 500,000 4,995,356
11 102JINB304 7.5 25000 O 7.0 7.5 16:05:27 25,000
146,655 500,000 3,745,356
10 303R241F04 7.24 1245356 O 7.0 7.5 14:24:37 1,245,356
121,655 500,000 3,745,356
9 102JI0YQ04 7.25 1000000 O 7.0 7.5 14:21:58 1,000,000
121,655 500,000 2,500,000
8 0015XE0K04 7.24 500000 O 7.0 7.5 14:09:43 500,000
121,655 500,000 1,500,000
7 102JIO2R04 7.25 250000 O 7.0 7.5 14:55:39 250,000
121,655 500,000 1,000,000
6 0015WUZP04 7.24 500000 T 7.0 7.5 14:22:30 500,000
121,655 500,000 750,000
5 102JI0X704 7.4 40000 O 7.0 7.5 13:59:42 40,000
121,655 750,000
4 303R1BT804 7.24 750000 O 7.0 7.5 12:51:52 750,000
81,655 750,000
3 102JI1JI04 7.44 13214 O 7.0 7.5 11:01:56 13,214
81,655
2 203OV96E04 7.55 5420 O 7.0 7.75 9:02:20 5,420
68,441
1 203OV64604 7.55 50000 O 7.0 7.75 8:31:46 50,000
63,021
0 303R1B2B04 7.55 13021 O 7.0 7.75 8:07:47 13,021

More large buys last Thursday as well at 8.00 pence, 2 * 1.4 Million BUYS.

7 303QNTEJ04 7.25 12000 O 7.0 8.0 15:46:21 12,000
8,283 30,045 2,811,381
6 303QNXAS04 7.5 11381 O 7.0 8.0 15:38:10 11,381
8,283 18,045 2,811,381
5 0015SASJ04 8.0 1400000 N 7.0 8.0 12:17:57 1,400,000
8,283 18,045 2,800,000
4 0015S9UH04 8.0 1400000 N 7.0 8.0 12:17:57 1,400,000
8,283 18,045 1,400,000
3 102JDGKQ04 7.25 14820 O 7.0 8.0 11:11:24 14,820
8,283 18,045
2 102JDKHH04 7.87 2238 O 7.25 8.0 10:23:24 2,238
8,283 3,225
1 203OGK3Y04 7.25 3225 O 7.25 8.0 8:22:45 3,225
6,045 3,225
0 0015SB3K04 7.9 6045 O 7.25 8.0 8:11:49 6,045

Recent News :

18M nanotechnology cash from UK government shared by Taylor Hobson, IQE, Applied Multilayers, University of Huddersfield, and NPL


06 Sep 2004





IQE is part of a UK consortium alongside Taylor Hobson and Applied Multilayers, who are to take part in a new, UK government project to develop new nano metrology technologies with a share of an 18million UK government grant to fund research and product development. Other partners include: National Physical Laboratory, Teddington, and The Centre for Precision Technologies at The University of Huddersfield.

The UK-based consortium has been awarded funding in excess of 1 million for Semiconductor and Optical Layer Analysis and Definition using Interference Microscopy (SOLADIM). The aim of the programme is to help develop measurement techniques and international specifications for surface texture measurement of epitaxial wafers and thin film coatings.

The project will be co-ordinated by the lead partner, Taylor Hobson, who will provide the Talysurf CCI non-contact measurement solutions for the demanding applications of IQE and Applied Multilayers. The Talysurf CCI is the enabling technology that will allow the establishment of international standards for nano-surface roughness.

The grants are part of the Governments drive to help companies, research organisations, and universities exploit potential applications for new technology so that the UK can be a technology leading country. It is estimated that the global market for nano technology could be $1 trillion within the next decade.

For further information, please contact:

Chris Meadows
IQE (Europe) Limited, +44 2920 839 400


Other consortium contacts:


Ian Lee-Bennett
Taylor Hobson Limited, +44 116 276 3771, www.taylor-hobson.com

Michael Walls
Applied Multilayers Limited, +44 1299 251688, www.applied-multilayers.com

Liam Blunt
The University of Huddersfield, +44 1484 422288, www.hud.ac.uk/schools/engineering/research/pec

Richard Leach
National Physical Laboratory, +44 208 9773222, www.npl.co.uk

http://www.iqep.com/news/news_sep_06_04.htm

More Recent News :
In the News

19 Aug 2004

IQE, ROCKWELL AND UCSB IN HIGH SPEED TRANSISTOR VENTURE

As reported in CompoundSemiconductor.Net on 13th August, IQE's materials have been used in a joint venture with Rockwell and the University of California in Santa Barbara to produce a 152GHz InP-based transistor under DARPA's TFAST program.

The work is part of the US' Defense Advanced Research Project Agency (DARPA) funded program "Technology for Frequency Agile digitally Synthesized Transmitters (TFAST)".

IQE produced the starting materials in the form of InP based epitaxial wafers, that provide the enabling technology from which the high speed components are made. The epiwafers were produced using the Company's MBE production equipment at its Bethlehem, PA manufacturing facility.

For the full article, visit the CompoundSemiconductor.Net website:

Contact:

Chris Meadows, IQE plc

+44 (0) 29 2083 9400

http://www.iqep.com/news/news_aug_19_04.htm

Impressive Website at :

http://www.iqep.com/

How all the Large Trades are Buys ?

Trades over 75,000 * 6 are delayed in reporting by 1 hour. The 1.25 million trade at 8.50 pence was originally put through at 15.25hrs when the offer ticked up on no buys to 9.00 pence from 8.50 pence. The 1.25 million buy was put through then which caused the offer to tick up to 9.00 pence.

Hint : always look at the time of the trades with ordinary trades to see if they were buys or sells and then when they come through compare them to what the price was 1 hour ago.

It was the same yesterday with the 1 Million buy at 7.50 pence. Trades over 75,000 = Normal Market Size * 6 are delayed in reporting by 1 hour.

Holdings in Company RNS confirmation should come next week to confirm all the large trades are buys.

With regards to the T trades, T trades are where someone has put an order in and the order gets filled during the day. So in today's instance we had a 250,000 T buy at 8.25 pence, a 500,000 T buy, 2 * 1 Million T buy at 8.50 pence.

To make it easier to spot them as buys, one needs to keep looking at the price throughout the course of the day which I did do today and yesterday. The bid price ticked up to 8.00 pence on no buys first thing this morning as the very large T buy order was being worked through in the background.

A big buy order was given to the market makers this morning and during the course of the day they filled the buy order and reported the trades as T type.

The same actions occured yesterday with all the very large buys reported yesterday and the day before.

For nearly all stocks do not go along with what you see on the trades page, as most trades are delayed in reporting by 1 hour which happens with most stocks. Remember what the price was 1 hour before the trades come through and then categorise them accordingly.

With regards to T trades, you have to observe the price throughout the course of the trading session to categorise them correctly.

Investtech have upgraded IQE from Neutral to Positive Candidate after today's close :

Positive Candidate (Short term) - Oct 15, 2004
IQE ORD 1P has broken the falling trend and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The stock has marginally broken up through the resistance at p 8.74. An established break predicts a further rise. Volume tops and volume bottoms correspond well with tops and bottoms in the price. Volume balance is also positive, which strengthens the stock. The RSI curve shows a rising trend, which could be an early signal for the start of a rising trend. The stock is overall assessed as technically positive for the short term.

"Volume balance is also positive, which strengthens the stock".

One confirmation that all the large trades are buys, with the sentence volume balance is positive ie. lots more buying than selling.

If it says Volume balance is negative then it means there is more selling than buying.

The Long term chart is also becoming positive :

Neutral (Long term) - Oct 15, 2004
Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. The stock has support at p 6.00 and resistance at p 22.00. Positive volume balance strengthens the stock in the short term. The RSI curve shows a rising trend, which could be an early signal for the start of a rising trend. The stock is overall assessed as technically neutral for the long term.

Medium term chart will be turning positive with the next tick up :

Negative Candidate (Medium term) - Oct 15, 2004
IQE ORD 1P has risen up towards the ceiling of the falling trend channel. A continued decline may be expected and the current price level may be a good exit price. Has, however, received a positive signal from the moving average indicator, thus signaling a continued rise. The stock is testing the resistance at p 9.00. This should give a negative reaction, but an upward breakthough of p 9.00 means a positive signal. Positive volume balance, i.e. high volume in days of rising prices and low volume in days of falling prices, strengthens the stock in the short term. The stock is overall assessed as technically negative for the medium long term.

I'm expecting more large buys to appear in the next trading session which is on Monday at 9 pence and higher...

True Buys vs Sells Ratio today :

Buys = 4,944,753
Sells = 722,026.

Buys outweighed Sells by nearly 7:1.

Tradeshows
IQE actively participates in a wide range of tradeshows, conferences and seminars throughout the World.

IQE will be participating in the following forthcoming trade events:
--------------------------------------------------------------------------------
EVENT LOCATION DATE

--------------------------------------------------------------------------------

SiGe: Materials Processing and Devices
Honolulu, Hawaii 03 Oct 2004

NAMBE 2004 Banff, Alberta, Canada
10 Oct 2004

Light Emitting Diodes 2004 San Diego, CA
13 Oct 2004

CS-MAX / CS-IC Symposium Monterey, CA
24 Oct 2004

IEDM 2004 San Francisco, CA
07 Dec 2004

http://www.iqep.com/tradeshows.htm

Thanks for all that SueHelen, you have been busy lady. Will hold on for this one a bit longer and see what happens. If could just get back through 9.00p.

Hi Kivver, I've bought in at 8.90 pence on Friday and expecting the price to break the 10 pence resistance next week and hopefully go on to the 15-20 pence levels in the next few weeks.

When lots of 500,000 shares and 1 million and 1.25 million buys are going through as they have done on Wednesday, Thursday & Friday last week, it is time to get excited. I haven't see these kind of trades going through together with the increase in volume for a long time in IQE.

Good news -time to blow the dust off mine then!! cheers MP

Hi Sue Helen - good to see you up there - into IQE and look forward to the rise
All the best

Moning Sue, got 50k 8.90p this AM, had them last year at 3p and sold at 16p.