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

65p wow..... hears hoping then.

Hadnt realised it had dropped so low until I did a seach early on today.

Strange but I cant find any real bad news other than the inventory problems from 2012 and thet have had an RNS out saying they are over that problem.

Awful ,lot shorting it though.

Anyway Ill take my chances etc etc.

The main concern has been worries about competition from a new chip from Qualcom . The s p was then at 35 and there was also a regulatory issue about then. That has been okayed, but despite claims that Qualcoms' chip would not affect IQEs' share of the market the price has gone down.

I reckon, though that it is now wake up time !

Ohhh yep cheers Id forgotten about that CP.

Supposed to be for bottom end of market isnt it. Read an article suggesting it wouldnt impact IQE like you suggest.

Results pretty soon might throw more light upon the competition.

Fingers crossed,SP was positive last time I looked.

Big volume in IQE and up 4.6% in the last 20 minutes.

Summat going on??.

Big volume in IQE and up 4.6% in the last 20 minutes.

Summat going on??.

Each time you say it - it gets better !!

Ok right Ill say it again then.

Summat happening here or just shorters closing?.

REG-IQE plc : Notice of Trading Update



01 July 2013 07:00


For best results when printing this announcement, please click on the link below:

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130701:nHUGd9vQ


1 July 2013

IQE plc (AIM: IQE) announces that it will issue its scheduled trading update for 1 January to 30
June on Wednesday 24 July 2013.

Contacts:
IQE plc (+44 29 2083 9400)
Chris Meadows
Phil Rasmussen

A whole point up. Woweee. The penny may finally have dropped !

Especially with the market down by 100

Could be a good day tomorrow with the Dow turning positive......fingers crossed.

Especially if it closes at 20 or above.

20.5 even better - lets see if we can hold on to it tomorrow - time for a glass or two of wine ! Champagne awaiting 60p in a month or two.

So many shorters here it could close a lot higher with a bit of luck tomorrow if some of them close.

1 Jul'13 - 14:23 - 19563 of 19619 3 0


Someone asked Simon Thompson in his IC column this lunchtime about IQE, his response:-

SIMONTHOMPSON

I have updated IQE a number of times in rsponse to reader queries. The company is due to release a half year trading update on Wednesday 24 July 2013. Rated on 9 times current year EPS estimates, a huge discount to other chip makers and designers, I continue to rate the shares a buy.

Regards

Simon
1:38 PM on 1/7/2013 |

How do you identify stocks which are being shorted. When stocks are headed down , the trades are often showing more buys than sells ?

Im on the laptop at the moment as interior works going on at my home.

If you can wait while sun I can hopefully post a site that gives Private Investors shorting in the mean time heres the insitutuions shorting the stock.

Got to remember its just not whats gone through but latent demand and supply on level 2(market makers order book) that dictates the SP although many a time it can be a case MMs are building stock inventory for a future event eg, results in 3 weeks in preperation for demand taking off etc etc.

Also on books sometimes orders are placed just to confuse the MMs though not strictaly legal and are removed later.

Heres the Institutuions shorting link, just looks like Black Rock.......

http://www.shorttracker.co.uk/company/GB0009619924/all

Good example currently of 2.6 mil buys against 900 k sells and SP down 3.6% - end of play and certainly tomorrow could be interesting.
What does anyone make of an enormous amount of buys of under 50 shares. ?

Oakapples142

>>>>Good example currently of 2.6 mil buys against 900 k sells and SP down 3.6%

you can not count - moneyam - trades, as the "AT" from the order book as buys are sells and viseversa

I hope you know that at the order book you can buy at selling price and sell at buy price.

So there seems to be some chicanery going on at times.