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
&IND=MACD(26,12,9);RSI(14);SlowSTO(14,3,3)&Layout=2Line;Default;Price;HisDate&XCycle=&XFormat=)
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
robstuff
- 24 Jul 2013 07:50
- 541 of 1520
Mkt cap 166m is tiny, profits expected to be over 20m for the yr! Smile, the short term sp is going to rise. Good growth stock, loads of new prods in development. Simple isn't it?
chessplayer
- 24 Jul 2013 07:59
- 542 of 1520
What kind of a jump might be expected Marked up by 2 p at start to 27.75
chessplayer
- 24 Jul 2013 08:06
- 543 of 1520
price in suspension at the moment
goldfinger
- 24 Jul 2013 08:08
- 544 of 1520
Brilliant results........
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.
Contacts:
IQE plc
+44 (0) 29 2083 9400
Drew Nelson
Phil Rasmussen
Chris Meadows
goldfinger
- 24 Jul 2013 08:13
- 545 of 1520
IQE estimates 80 pct rise in first-half revenue
24 Jul 2013 - 07:27
July 24 (Reuters) - British semiconductor materials maker IQE Plc estimated revenue to grow more than 80 percent in the first half of the year, driven by strong performance at its core wireless business. The company, whose products are used in microchips in smartphones, tablets, GPS equipment as well as light-emitting or light-detecting devices, also said it expects first-half performance to be ahead of market expectations. [ID:nHUGdcqB] IQE estimated revenue of about 63 million pounds ($96.81 million) in the six months ended June 30, with earnings before interest, tax, depreciation and amortisation of 10 million pounds. ($1 = 0.6508 British pounds) (Reporting by Abhirup Roy and Roshni Menon in Bangalore; Editing by Supriya Kurane) ((abhirup.roy@thomsonreuters.com)(within UK +44 20 7542 1810, outside UK +91 80 6749 6126)(Reuters Messaging: abhirup.roy.thomsonreuters.com@reuters.net)) Keywords: IQE RESULTS/
goldfinger
- 24 Jul 2013 08:23
- 546 of 1520
BRIEF-IQE expects H1 revenue of 63 mln stg24 Jul 2013 - 07:12
July 24 (Reuters) - IQE PLC : * IQE Plc: H1 trading update * Expects first-half revenues approaching £63 million * Expects EBITDA in excess of £10 million and net debt below £39 million * Expects first-half performance to be ahead of market expectations * Wireless market has continued to grow in line with expectations Source text for Eikon: [ID:nHUGdcqB] ((For more news, please click here [IQE.L])) ((London Equities Newsroom; +44 20 7542 7717))
goldfinger
- 24 Jul 2013 08:54
- 547 of 1520
REG-IQE plc: H1 trading update* Reuters is not responsible for the content in this press release.
Wed Jul 24, 2013 2:00am EDT
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.
Contacts:
IQE plc
+44 (0) 29 2083 9400
Drew Nelson
Phil Rasmussen
Chris Meadows
http://www.reuters.com/article/2013/07/24/idUSnHUGdcqB
goldfinger
- 24 Jul 2013 08:57
- 548 of 1520
Canaccord, Buy 65p note, as expected.
halifax
- 24 Jul 2013 09:02
- 549 of 1520
long way to go mm's keeping the lid on the sp?
goldfinger
- 24 Jul 2013 09:04
- 550 of 1520
24 Jul 2013 IQE PLC IQE Espirito Santo Execution Noble Buy 27.88 25.75 55.00 55.00 Retains
TARGET SP 55p.
goldfinger
- 24 Jul 2013 10:14
- 551 of 1520
Espirito Santo have a 55p target price and reiterate their Buy rec:
hxxp://www.dailypolitical.com/finance/stock-market/iqes-buy-rating-reaffirmed-at-espirito-santo-investment-bank-research-iqe.htm
"IQE’s Buy Rating Reaffirmed at Espirito Santo Investment Bank Research (IQE)
July 24th, 2013 - 0 comments - Filed Under - by Latisha Jones
IQE (LON:IQE)‘s stock had its “buy” rating restated by equities researchers at Espirito Santo Investment Bank Research in a research report issued on Wednesday, Stock Ratings Network.com reports. They currently have a GBX 55 ($0.84) price target on the stock. Espirito Santo Investment Bank Research’s price objective suggests a potential upside of 105.15% from the company’s current price.
A number of other analysts have also recently weighed in on IQE. Analysts at Liberum Capital reiterated a “buy” rating on shares of IQE in a research note to investors on Monday, July 15th. They now have a GBX 40 ($0.61) price target on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of IQE in a research note to investors on Tuesday, July 9th. They now have a GBX 45 ($0.69) price target on the stock. Finally, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of IQE in a research note to investors on Tuesday, July 9th. They now have a GBX 45 ($0.69) price target on the stock.
One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 45.83 ($0.70)."
goldfinger
- 24 Jul 2013 10:17
- 552 of 1520
Steven Frazer@SharesMagSteve3m
Epiwafer #IQE beating exp H1, wireless getting 4G boost http://www.digitallook.com/news/rns/21046928-50146/NMX9570-IQE_plc_H1_trading_update_html … Key acqs making a big difference, SP +6%
goldfinger
- 24 Jul 2013 11:03
- 553 of 1520
24 Jul 2013 IQE PLC IQE Canaccord Genuity Buy 27.13 25.75 65.00 65.00 Reiterates
SP TARGET 65p
Oakapples142
- 24 Jul 2013 11:23
- 554 of 1520
Profit taking has slowed so it should be onwards and upwards
robstuff
- 24 Jul 2013 11:44
- 555 of 1520
Think it's blackrock rejigging, should rise from here
chessplayer
- 24 Jul 2013 13:15
- 556 of 1520
A bit of a disappointing performance so far today considering such a strong trading report.
goldfinger
- 24 Jul 2013 13:21
- 557 of 1520
IQE ahead of market forecasts
24th July 2013, 07:48
IQE - a leading global supplier of advanced semiconductor wafer products - expects first-half performance to be ahead of market forecasts.
The board expects first-half revenues approaching £63m, EBITDA in excess of £10m 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.
goldfinger
- 24 Jul 2013 13:23
- 558 of 1520
The volume warrants far more of a rise than we have got but I reckon we will carry on rising towards the weekend and beyond.