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IQE - The World's Leading Merchant Epiwafer Supplier : Exciting Times Ahead (IQE)     

SueHelen - 05 Nov 2004 21:37

Recommended by myself as a Strong Buy at 8.00-9.00 pence on 15.10.04
http://www.iqep.com/
Daily Execution Price and Volume
big.chart?symb=uk%3Aiqe&compidx=aaaaa%3Abig.chart?symb=uk%3Aiqe&ma=None&maval=9&big.chart?symb=uk%3Aiqe&compidx=aaaaa%3Abig.chart?symb=uk%3Aiqe&compidx=aaaaa%3Abig.chart?symb=uk%3Aiqe&compidx=aaaaa%3Abig.chart?symb=uk%3Aiqe&ma=None&maval=9&big.chart?symb=uk%3Aiqe&ma=None&maval=9&

(USA)
big.chart?ClientID=45914&symb=IQEPF&sid=
Semi Index
b?s=^SOXX
!FUNDAMENTALS!NEWS
Preliminary Full Year Results - Tue 22 Mar 2005
IQE plc was formed in May 1999 by the merger of two leading wafer foundries, each with a proven track record in the supply of high quality electronic and optoelectronic materials produced using MBE and MOCVD platforms. We believe that the expertise and experience across a diverse range of materials available from IQE is unparalleled within the compound semiconductor industry.

LATEST NEWS :
RNS Number:8494E
IQE PLC
04 November 2004
IQE secures major outsourcing contract with leading RF component manufacturer
IQE's North American subsidiary, IQE Inc, today announced it has secured a major
outsourcing contract to supply a leading North American RF Component
Manufacturer with epitaxial materials for its RF based components used in mobile
handsets. The agreement, which is effective from 1st November 2004 and is for a
minimum term of two years, renewable annually thereafter, provides for IQE's
Bethlehem site to supply more than 90% of the customer's anticipated demand for
their advanced RF wafer products and is estimated to be worth around US$25
million in revenue to IQE over the initial two year period. As a result of the
agreement, internal wafer manufacture at the customer's site will cease. Both
parties have been working closely together for several years; a relationship
through which IQE has gained a high degree of confidence in its own ability to
service the outsourced epiwafer needs of major manufacturers.

IQE's President & CEO, Drew Nelson said "This agreement with such a prominent
global supplier of RF components for the cellular phone market demonstrates a
clear movement towards the outsourcing model within the compound semiconductor
industry. Their selection of IQE as the primary partner, as a result of our
large and comprehensive production capacity, and low cost structure, endorses
the Company's commitment to the outsource model"

A spokesman for the customer commented: "outsourcing certain products and
services such as the manufacture of our RF epitaxial wafers allow us to
concentrate our efforts on the processes that add significant value to our
product offering within the global, highly competitive RF market place and we
are pleased to build on previous work we have undertaken with IQE. This
agreement will allow us to be one of the most highly cost effective players in
the RF component marketplace"

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 event:
--------------------------------------------------------------------------------
EVENT LOCATION DATE
--------------------------------------------------------------------------------IEDM 2004 San Francisco, CA 07 Dec 2004 IEDM.jpg
(05 November 2004)
The Company was notified today by Canada Life Limited, that following the
purchase of 2,000,000 ordinary shares of 1 pence each in the Company ("Ordinary
Shares") at 11.6 pence each, Canada Life Marketing Group is now interested in
14,551,156 Ordinary Shares. These Ordinary Shares represent 4.6 per cent. of the
issued share capital of the Company.

(20 October 2004) Scottish Widows Investment Partnership Ltd on
behalf of Lloyds TSB Group plc and its subsidiary companies, that they are
interested in 24,020,662 ordinary shares of 1 pence each in the Company
("Ordinary Shares"). Of this interest, 22,039,762 Ordinary Shares are material
interests, which represent 6.98 per cent of the Company's current issued share
capital.

Director Holdings :
Dr Drew Nelson 26,724,636 (5 Nov 2003)
Dr Michael Scott 26,157,970 (5 Nov 2003)
Martin Lamb 3,775,584 (5 Nov 2003)
Dr Godfrey Ainsworth 1,627,020 (20 Oct 2004).

Buy Note published by House Broker Evolution Beeson Gregory on 04.11.04 :

Evolution Securities 100 Wood Street, London, EC2V 7AN 020 7071 4300
Evolution
SECURITIES
www.evosecurities.com 4 November 2004
IQE (IQE) Buy
Mkt cap: 36m Net cash: 11m Contract win Price/Target: 11p/15p
Breakthrough contract win
IQE has announced that it has won a $25m two year outsourcing deal
with a leading US RF component manufacturer. This is a genuine
breakthrough for IQE it gives us the confidence needed to raise our
target price to 15p
IQE have won a major outsourcing contract with a leading US Radio Frequency
wireless/mobile components company. The contract has a minimum term of
two years and an initial value of $25m. This is one of the four contracts that
management were referring to at the time of the fund raising in November
2004. The other three do not appear to be close to signing at present but the
list of potential customers is still there and management continue to talk to
other parties. This contract win proves that there is a market for wholesale
outsourcing of epitaxy and we expect others to follow but not in the
immediate future.
We estimate the split to be $10m:$15m between year one and year two. The
contract involves the closure of the customer's facilities and because of the
sensitive nature of this the identity of the customer has not been announced.
We are not changing our forecasts. This $10m for the first year is already in our
27.2m revenues estimate for next year. It is worth noting that because the
contract is with an existing customer there is an element of revenue substitution
in this contract. However, this announcement does mean that we are
considerably more comfortable with the forecasts than we were.
If more contracts come through, the revenues should go straight into our
forecasts. We would not expect the other contracts to be as substantial as this
but given the marginal loss/profit scenario we have forecast for next year their
effect on earnings could be significant.
As a result of this announcement we have increased confidence in the forecasts
and so we are increasing our share price target to 15p.
Ian Robertson +44 (0)20 7071 4463 ian.robertson@evosecurities.com EVO Securities is broker to IQE
Year end Sales (m) EBITDA (m) PTP (m) EPS (p) PER (x) Yield (%) EV/Sales (x) Revised?
12/03A 18.8 -11.3 -12.8 -6.2 - - 1.3
12/04E 17.1 -8.3 -9.9 -3.1 - - 1.5 No
12/05E 27.2 0.4 -1.5 -0.5 - - 0.9
21. 75 1 5/1 0/03 LOW 2 .20 11/ 3/0 3 LAST 8 .50 Source: DATASTREAM

Gausie - 25 Aug 2005 16:32 - 266 of 303

Ardwickk

I remember her well. She lied you know.

aldwickk - 25 Aug 2005 17:22 - 267 of 303

What we need is for Goldfinger to start ramping these as well, SueHelen and Goldfinger The Dream Team.

thesaurus - 25 Aug 2005 17:52 - 268 of 303

But kidding a side this is still a decent investment and at these levels it is still a steal if you take a 3 month investment persepective

chocolat - 25 Aug 2005 18:33 - 269 of 303

Oh no - and I thought everyone had gone to the movies.

55011 - 26 Aug 2005 08:39 - 270 of 303

Nice to see such a strong buy/sell ratio in early trades.


On line the buy cap is at 100,000 with a higher 150,000 sell limit. This is as it was in the run up to the results.


Go with the trend.

aldwickk - 26 Aug 2005 08:46 - 271 of 303

nice 150,000 buy

aldwickk - 26 Aug 2005 08:49 - 272 of 303

Followed by 250,000, another tick up soon.

queen1 - 26 Aug 2005 14:18 - 273 of 303

It's a blue day today!

Dil - 27 Aug 2005 00:35 - 274 of 303

If it breaks 12p then get excited Queeny , otherwise its market noise.

Luv and kisses.

xxxx

Dil

Dil - 27 Aug 2005 00:38 - 275 of 303

In fairness though the break of the 200 dma was a very strong positive medium term signal.

More luv and kisses.

Dil

thesaurus - 05 Sep 2005 16:20 - 276 of 303

Nice little tick up today.

ptholden - 05 Sep 2005 16:22 - 277 of 303

As Dil says, if we get above 12p. good times ahead

sidtrix - 06 Sep 2005 14:11 - 278 of 303

Another tick up... nearly 12p npw (currently 11.6)

goal - 19 Sep 2005 11:16 - 279 of 303

IQE PLC
19 September 2005


IQE plc (the 'Company')

Holding in Company


The Company was informed on 16 September 2005 by Aviva plc that, following the
purchase of 2,025,000 ordinary shares of 1p each in the Company ('Ordinary
Shares') on 14 September 2005, Morley Fund Management Limited (a subsidiary of
Aviva plc) is now interested 32,819,132 Ordinary Shares, representing
approximately 10.38 per cent. of the issued share capital of the Company. The
above Ordinary Shares are registered as follows:

Registered Holder Number of Percentage of
Ordinary Shares issued share
capital

Chase Nominees Ltd 5,981,374 1.89%

CUIM Nominees Ltd 8,000,000 2.53%

Vidacos Nominees Ltd 18,837,758 5.96%

Total 32,819,132 10.38%


19 September 2005



This information is provided by RNS
The company news service from the London Stock Exchange


thesaurus - 27 Sep 2005 11:10 - 280 of 303

Why have these been so quiet recently, any updates anyone

goal - 28 Sep 2005 17:06 - 281 of 303

IQE PLC
28 September 2005



IQE plc (the 'Company')

Director Dealings


The Company has received notification from Godfrey Ainsworth, Non-executive
Chairman of the Company, that on 28 September 2005 he purchased 49,453 ordinary
shares of 1p each in the Company ('Ordinary Shares') at 9.72p per Ordinary
Share. Following this purchase Dr Ainsworth has a beneficial interest in
1,917,467 Ordinary Shares representing 0.61 per cent. of the Company's issued
ordinary share capital.

28 September 2005






This information is provided by RNS
The company news service from the London Stock Exchange


goal - 26 Oct 2005 20:58 - 282 of 303

IQE PLC
26 October 2005


IQE plc (the 'Company')


Holding in Company



The Company was informed on 24 October 2005 by Gartmore Investment Management
plc that, following the sale of 501,989 ordinary shares of 1p each in the
Company ('Ordinary Shares') on 21 October 2005, Gartmore Investment Limited,
Gartmore Fund Managers Limited and Gartmore Global Partners had a reportable
interest in 40,592,810 Ordinary Shares representing approximately 12.84 per
cent. of the issued share capital of the Company. The above Ordinary Shares are
held as follows:

Beneficial owner Number of Percentage of Registered
Ordinary Shares issued share holder
capital
Gartmore Fund Managers Ltd A/C 15,137,969 4.79% HSBC Global
Gartmore UK & Irish Smaller Custody
Companies Nominee
UK Ltd

The Gartmore Limited Issue UK 3,669,006 1.16% Goldman
Small Cap Fund Ltd Sachs
Nominees Ltd

Strathclyde Pension Fund 7,744,279 2.45% Nortrust
Nominees
Limited

The Alphagen Volantis Fund 8,695,822 2.75% Vidacos
Limited Nominees Ltd
A/C 1945

Gartmore Smaller Companies Trust 3,773,892 1.19% BNY GIL
plc CLT A/C
NOMS LTD
A/C LST

Gartmore Growth Opportunities 1,571,842 0.50% BNY GIL CLT
plc A/C NOMS
LTD A/C
NWSC

Total 40,592,810 12.84%



26 October 2005







This information is provided by RNS
The company news service from the London Stock Exchange


SueHelen - 26 Oct 2005 21:18 - 283 of 303

Gartmore sold 350,000 shares around the 7.50 pence mark this week - re: Holding in Company RNS release today.

queen1 - 26 Oct 2005 23:47 - 284 of 303

Their loss...

goal - 22 Nov 2005 22:41 - 285 of 303

This is looking interesting now.
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