Master RSI
- 03 Feb 2003 11:56
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
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robstuff
- 16 Jul 2013 16:13
- 521 of 1520
taking breath, ridiculously cheap still at this price. loads of odd little trades today, computer generated? i dont know.
kimoldfield
- 16 Jul 2013 18:54
- 522 of 1520
Cheap as chips, or in this case, wafers!
robstuff
- 17 Jul 2013 12:05
- 523 of 1520
now it has consolidated around 24p, break the 25p again and we are ready for next step up 30p before trading update next wednesday - then upwards to 45p DYOR this is my opinion...
robstuff
- 18 Jul 2013 16:33
- 524 of 1520
although Chart says it all now we have maintained above the 24.375, a definite breakout that ends the downtrend
goldfinger
- 18 Jul 2013 21:22
- 525 of 1520
25p is tough rob but we will do it bud.
Push push push, altogether now PUSH.
robstuff
- 21 Jul 2013 16:40
- 526 of 1520
Big turning point for IQE potentially this week as Trading update should confirm growth accelerating, the impact of the US competitor negligible and an upbeat forecast for the yr. Dyor
goldfinger
- 21 Jul 2013 22:53
- 527 of 1520
Here here.
Shorters hopefully will be closing.
Oakapples142
- 22 Jul 2013 07:39
- 528 of 1520
Here Here - and "closing" the door behind them.
robstuff
- 22 Jul 2013 08:25
- 529 of 1520
A real pick up in volume this morning, this is getting ready to go ballistic
chessplayer
- 22 Jul 2013 08:28
- 530 of 1520
A 2 page article on IQE in this week's I.C. which suggests that the market has got this one completely wrong, re-iterating a buy recommendation.
Several readers have been asking me about the specific reporting requirements of the board of directors when it comes to alerting the market of a change in a company's profit guidance. It's a subject well worth covering right now because the sell-off this year in the shares of a company I have previously recommended, IQE (IQE: 20.75p), a global supplier of advanced wafer products to the semiconductor industry, has been so severe that the current price implies that there will be a significant miss in the forthcoming first half-trading update on Wednesday 24 July.
robstuff
- 22 Jul 2013 08:33
- 531 of 1520
Nice! He has a short term target of 40p and assuming there's no shock in the TU think we should see this pretty quickly. Definitely one to hold/ accumulate imo
halifax
- 22 Jul 2013 14:29
- 532 of 1520
sp running out of "puff" too hot?
robstuff
- 22 Jul 2013 15:20
- 533 of 1520
pause before a big rise tomorrow hopefully, before the TU
halifax
- 22 Jul 2013 15:34
- 534 of 1520
yes raised the stop, bit of a "heads or tails" situation atm.
goldfinger
- 23 Jul 2013 08:33
- 535 of 1520
Up again, TU tomorrow.
Anyone know do they provide Apple with any wafers components??????
kimoldfield
- 23 Jul 2013 09:41
- 536 of 1520
GF, when IQE took over Kopin Wireless, IQE's CEO said “There are 15 companies around the whole world [which produce that sort of chip]. Our strategy is to supply as much as possible to as many as possible. That way, if Apple changes supplier, it doesn’t impact us too much.” So in answer to your question it would appear that yes they do!
halifax
- 23 Jul 2013 15:48
- 537 of 1520
sp "crabbing" atm ahead of update, place your bets!
robstuff
- 23 Jul 2013 19:27
- 538 of 1520
Well the market is expecting a significant decline in earnings and prospects priced into the current price, so anything better, stable earnings, or a continued growth from 1st hlf will propel us higher IMO Dyor
chessplayer
- 24 Jul 2013 07:09
- 539 of 1520
IQE plc: H1 trading update
HUG
Cardiff, UK, 24 July 2013: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced semiconductor wafer products and wafer services to the semiconductor industry, provides a trading update for the six months ended 30 June 2013.
The Board expects first-half performance to be ahead of market expectations, with first-half revenues approaching £63 million, EBITDA in excess of £10 million and net debt below £39m. This represents revenue growth of over 80%, and EBITDA growth of over 150% compared with the first half of 2012. Sales growth was primarily driven by the wireless division, which included contributions from the RFMD and Kopin acquisitions.
The wireless market has continued to grow in line with expectations, driven by the increasing adoption of more sophisticated communication devices including 4G and LTE smartphones and tablets, and newly launched dual band wifi (802,11ac). These advanced products demand the highest levels of RF performance which can only be delivered by compound semiconductor enabled front end solutions.
The integration of the RFMD and Kopin acquisitions has been successfully completed as planned. Work to realise the projected synergies is progressing well. The Board will provide a full update on this progress with the Group's half year results.
The photonics business is also making good progress with several applications in transition from research and development into production. Notably, these include a number of advanced laser (VCSEL) products for consumer, industrial and medical applications such as: optical communications devices for short range optical links; data centres and broadband delivery; optical devices for gesture recognition; gaming and cosmetic applications; and lasers for projection, medical and defence applications.
Advanced solar (CPV) technology acquired through the investment in Solar Junction and the exclusive seven year license agreement, is now in the final stages of qualification. The Group remains on track for this business to achieve end customer qualification and move into volume production during H2 2013.
The development of advanced products including gallium nitride materials and the Group's compound semiconductors on silicon projects are progressing well. They are building a platform for further diversified growth in the rapidly growing markets for energy efficient devices, such as LEDs and power semiconductors over the next few years.
The Board is confident that the Group remains on track to achieve market expectations for the full year.
Dr Drew Nelson, Chief Executive of IQE, said:
"Our key markets have continued to demonstrate robust growth, driven predominantly by high levels of demand for 4G and LTE enabled smartphone and tablet products, along with accelerating requirements for photonic products and advanced sensor applications. Additionally, requirements for energy-efficient third-generation CPV solar products, Solid State Lighting (SSL) and power efficient GaN devices, continue to increase strongly.
"Our transactions with Solar Junction, RF Micro Devices and Kopin, over the last 18 months, represent significant milestones in the execution of our overall strategy and have significantly enhanced both our short and long term growth potential.
"They are highly complementary, extending our critical mass and global leadership in wireless, and bringing additional capacity to service the emerging high growth CPV market.
"Compound semiconductors are widely acknowledged as the key enabling materials that will drive a wide range of next generation technologies from high performance data transmission and management, to highly energy efficient products, including solar energy, SSL and power semiconductors."
IQE expects to report its interim results around mid-September 2013
robstuff
- 24 Jul 2013 07:19
- 540 of 1520
One word, FANTASTIC.
shorters are going to get seriously burnt and IC, Shares mag, broker forecasts proven right now