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

I not sure that they are on the way to profitability.
With revenue of 14.5m they are still posting a loss of 1.5m. They have traded at a loss for the last five years & although the margin is narrowing, losses continue.
Having bought EMD for $13m, they also now have to part with 4 x $750k payments over the next year. I haven't been able to find out if EMD itself is profitable, but as it is intended to stand alone & still trade as EMD, this shouldn't really matter. However, if EMD need a short term cash injection it would make sense to borrow it from IQE, thus affecting IQE's cash flow.
IMO IQE won't be profitable within the next 18 months, sadly.

Any news on this one?More deals in the last 2 days.Hopefully they will break past the 17p.

It just needs a little nudge over 17p Shauney and I think we'll be off and running!

Shauney, what deals? - can't see any RNS on this.

My tip/ramp for the day: If it's silicon you want, buy SOLA. Roaring away, currently at 200p, price target 300p - and the co is both profitable and growing fast. PDYOR etc.

Sorry Soul i meant shares traded. Sola do look interesting will keep an eye on them.

IQE, the leading worldwide outsource supplier of customised wafer products and outsource wafer services to the global semiconductor industry is pleased to announce that it has signed a Memorandum of Understanding with a leading European RF wireless chip foundry. The agreement concerns the supply of IQE's epi-wafers to be used in their RF wireless switch products. The intention of the memorandum is that the customer will utilise IQE as its preferred external supplier of epi-wafers to complement their existing in-house epi-wafer capacity. As the customer's own product demand increases, it is anticipated that any increase in epi-wafer requirements beyond the customers internal capacity will flow directly to IQE as the customer's preferred external source.

Commenting on the agreement Dr Drew Nelson, CEO of IQE plc, said, 'IQE is very pleased to announce a new outsource arrangement with another leading supplier of RF chips to the global wireless industry, having worked closely with the customer over the last twelve months to achieve fully 'qualified supplier' status. We will be working closely with the customer to fully realise all the benefits of such an outsource arrangement to enable significant commercial benefits to accrue to both parties. Again, this demonstrates the strength of the outsource model, which is now becoming a key part of customers strategic considerations.'

IQE plc

13 November 2006


IQE plc ('the Company')

DIRECTORS' DEALINGS


IQE plc announces that 97,422 new ordinary shares have been issued in payment of
Non-Executive Directors' fees for July/September 2006. Following this issue the
total number of ordinary shares in issue is 404,736,382. The shares will be
allotted and issued as detailed below:


Non Exec Director Shares issued Average price


Dr Godfrey Ainsworth 64,948 15.83p


Following this issue Non-Executive Chairman of the Company Dr Godfrey
Ainsworth's total shareholding in the company is 2,942,916 shares, representing
0.73% of the current issued share capital. The remaining 32,474 shares were
issued to Wesley Clover Wales Limited in settlement of fees for Non-Executive
Director Simon Gibson (in which Simon does not hold a beneficial interest).


Application has been made to the London Stock Exchange for the shares to be
admitted to AIM.


Contacts


IQE plc +44(0) 29 2083 9400

Dr Drew Nelson, President & CEO

Stuart Hall, CFO

Chris Meadows, Investor Relations



Noble & Company Limited +44(0) 20 7763 2200

John Llewellyn-Lloyd

Graeme Bayley


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

A new high for the year. Slowly but surely.....and still so much unrealised value. Still time to fill yer boots!!

Off and running now queenie.Touched 19p earlier getting an itchy finger here but i will adjust my stop loss and see how far they run.

Don't jump yet Shauney. Plenty more to come I feel.

What a miserable time we are having. LOL.:-)

I'd say we were cooking with gas!

Were on the move again.

More good news and a nice rise in the sp as a result so far:

IQE ('the Group', AIM: IQE), the leading global outsource supplier of customised wafer products and outsource wafer services to the semiconductor industry, today publishes a trading update for the year to 31 December 2006.

The Group has also today in a separate statement published details of its acquisition of MBE Technology Pte Ltd ('MBE'), a Singapore based manufacturer of compound epitaxial ('epi') wafers for a total cash consideration of S$23 million (7.5 million).

IQE has continued to perform well during the second half of 2006 with the Group's overall business performing in the line with the Board's expectations. Demand for the Group's wafer products has continued to be strong across all sectors of the business.

The weak US dollar has had an impact on revenues, but the natural hedging derived from a significant proportion of Group costs being in US dollars has reduced the impact on profitability.

The integration of the former EMD facility, acquired in August 2006, has been very successful with demand for wireless products in that business exceeding expectations. The ability to 'multi-source' wireless products from within the Group is proving to be a major benefit for both IQE and its customers.

The acquisition has also provided IQE with the opportunity to qualify new and existing customers with additional wireless products and to accelerate development of its advanced next generation products, such as the BiFET. These two developments have resulted in some additional costs during H2 2006, but are expected to significantly benefit the Group moving forward during 2007.

This is good news, congratulations IQE & Merry Christmas, looking strong for the new year.

Having a nice day today as it have gone into a BREAKOUT

      &nbspHappy New Year

          And a prosperous one

                          

Onwards & upwards into 2007!!

Looking strong again & volume is picking up.

Hell of a lot of interest this afternoon, have a look at the volume.