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??

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.

Have been burnt on the hopes of recovery a couple of times with this one already.As you know getting in at the right time is everything which i obviously did not, but thought i read somewhere that chip demand had slackened and this company if i remember rightly is highly exposed to high dollar rate which has not improved much. Just dont believe the adage third time lucky.Be cautious and good luck.

Correct Figures

So far today :

Buys = 1,888,298

Sells = 95,636

Hopeful for large T buy to come later on yet....

250,000 Volume Wegihted trade reported at 9.00 pence is from this morning when the offer was stuck at 9.00 pence, two trades filled at that price so far in terms of large trades, the 250,000 ordinary trade at 9.00 pence in the morning and this volume weighted trade.

The volume weighted trade for the same amount of 250,000 shares also came through after close at 8.25 pence on Friday, 8.25 pence because that was the price it was put through in the morning.

Same with the volume weighted trade reported for 250,000 shares again on Thursday at 7.75 pence.

The volume weighted trades are buys....

The real online spread for most of the day since this morning has been 9.25-9.40 pence with one of the market makers paying a premium of 0.25 pence on the bid for stock.

The trade reported on the Trades Page for 1,240,000 at 8.50 pence and marked as a late trade is from Friday afternoon when the offer price was 8.50 pence to buy at 3.17pm. Someone bought 1.24million shares in IQE at 8.50 pence on Friday afternoon, there were many more significant buys last week.

Big shake by the MMs before close....bet its got something to do with more T buys...
The MMs first tried to get stock back at 9.25 pence this morning, then long period at 9.00 pence, then treeshake with the bid dropping to 8.50 pence on nothing.

Around 250,000 in sells today against 1.90 million in buys says it all. But the MMs can't move the price forward (up) until the T buys at set prices are filled.

Not working for the MMs, still no sellers about.

I said it was coming, here it comes, 250,000 T buy comes through at 9.25 pence.

Agree with willfag about the effects of the dollar. But this is a company in recovery with improving profits. The fundamentals are better now than 5 months ago so it is only natural the sp should improve. All the other info suehelen has given should also help the price.

250,000 Market Maker buy just comes through at 16.43hrs at 9.25 pence.
Interesting, bet they've bought the stock in advance for one of the larger buy orders again tomorrow.

At close :

Large Buys reported today :

250,000 T Buy reported at 9.25 pence
250,000 M Buy reported at 9.25 pence
250,000 O Buy reported at 9.00 pence
250,000 VW Buy reported at 9.00 pence
200,000 Buy reported at 9.43 pence
105,300 Buy reported at 9.44 pence
100,000 Buy reported at 8.95 pence.

Correct Figures at close :

Buys = 2,419,726

Sells = 246,302