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

Added again near the close.

Perhaphs its a bit of profit taking before Bernanke takes the stand and non farm pay rolls on friday.

This is the worse performing stock in my pfolio right now. However, I am very confident there will be a change of sentiment here shortly. Quite often the worst performers become the best and iqe will prove the Mkt wrong with excellent results due shortly and a bullish fwd looking statement with less ambiguity. With acquisitions bedding in the trees within the wood will be seen more clearly. Prospective p/e around 8. Not for long

It is a total mystery what is going on. That a re rating is due should be obvious, even to a dolt !

one of 5 shares to hold in you ISA Edmond Jackson @ iii

Opened it out. Cheers Activ...........

"IQE

Shares in advanced semiconductor materials group IQE (IQE) halved from 36.5p to 18p this year amid fears about potential competition and whether the smartphone boom will last - wireless devices accounting for about 80% of IQE's sales, it being the leading global supplier of wafers with a 50% to 60% market share.

Yet the fears are not supported by trading statements or forecasts, which remain bullish. In April and May, analysts anticipated a near doubling in earnings per share this year as IQE starts to see rewards from a two-year investment programme.

With 646 million shares in issue this implies just over 2p of earnings this year and continued strong growth in 2014 to about 3.4p; hence a current share price of 25p implies a forward P/E multiple of about nine times.

The prospective P/E may be lower if upgrades follow a 24 July update for the first half of 2013, which cited performance ahead of expectations with revenues near £63 million, operating profit over £10 million and net debt below £39 million.

The wireless division has helped achieve revenue growth over 80%, driven by ever-more sophisticated smartphones and tablets, also dual-band wifi. Last April the senior non-executive director bought 215,000 shares at 23.25p and at this current price range there is a fair chance the risks are priced in. As a pure capital growth play there is no dividend, so beware - this likely contributes to volatility."

HI ALL. i am interested in some of these for my isa but my Barclay's account blocks me from buying does anybody know if they are isable ?

As from today all Aim shares can be held in an ISA

Yes, thanks, just been able to buy some for my isa today, thanks richard2, also hold CSR as well.

Here's some news - hot off the press - that might be the boost they are looking for !

08/08/13 07:01:47
News Alert for IQE ORD 1P.


Cardiff, UK. 8 August 2013: IQE plc (AIM: IQE; "IQE", "the Group") announces that its material has been qualified for production-ready, high-volume manufacturing by its strategic partner Solar Junction Corporation ("Solar Junction").

Solar Junction, a developer of high efficiency multi-junction solar energy cells for the concentrated photovoltaic (CPV) market, has successfully completed the process transfer and full qualification of IQE's epitaxial materials for high-volume manufacturing.

This qualification is a major milestone which has required extensive validation of IQE's manufacturing processes, product quality and reliability in delivering material with cutting edge solar efficiency.

Solar Junction is now production-ready and at an advanced stage in qualifying its cells with the leading global CPV systems manufacturers. Solar Junction expects to receive initial high-volume orders over the coming months.

As a result of the joint development agreement in February between Amonix and Solar Junction, Amonix, the leading worldwide installer of CPV systems, is already testing solar cells produced with IQE epitaxy and observing improved performance.

Jeff Allen, Vice President of Business Development at Solar Junction, said:

"The qualification of our production-ready 42% median efficiency solar cells produced by IQE and our new fabrication line could not have come at a better time for Solar Junction and the CPV market.

"Solar Junction's key customers are highly impressed with the 2+% cell efficiency advantage over our competitor's cells, which translates to an estimated reduction in total installed CPV system cost of approximately 5%.


"The rapid adoption of our technology in the U.S., China and Middle East will propel Solar Junction to market leadership in CPV."

A recent independent industry report estimates the target market for CPV is expected to exceed 5GW over the next few years, with more than 750MW to be installed by 2015.

Initial deployment will be in Southwestern U.S., Southern Europe around the Mediterranean, Middle East and Northern Africa (MENA), Southern Africa, Chile, Australia and China.

Dr. Vijit Sabnis, Chief Executive of Solar Junction said:

"The successful qualification is attributable to the close partnership of the team responsible, from Solar Junction and IQE, over the past twelve months.


"The IQE epitaxial materials are fabricated at Solar Junction's 4" and 6" production facility, partially funded by the U.S. Department of Energy SUNPATH contract, in Silicon Valley. Solar cells are currently out for independent third-party verification of efficiency results with performance anticipated to be equivalent to that produced by our internal pilot line."

Solar Junction's successful qualification continues to demonstrate the value of its dilute nitride materials, which uniquely provides CPV system manufacturers the foundation to deliver the most efficient conversion of solar to electrical energy. In October 2012, Solar Junction achieved a World record 44% efficiency for a standard 3J cell at a concentration of 942 suns.

Dr. Drew Nelson, IQE Chief Executive, said:

"The successful qualification of IQE's production scale epiwafers for CPV marks a key milestone in bringing Solar Junction's advanced technology to market. What has been particularly impressive is that median efficiencies from our large volume 4" and 6" platforms are at least as good as have been previously achieved in small scale demonstrations.



"The performance and manufacturing advantages of Solar Junction's 3J solar cell technology will accelerate adoption of CPV and position IQE to become the key epiwafer supplier to the global utility scale CPV solar market.



"These achievements clearly demonstrate the success of our strategy to invest in Solar Junction and enter into an exclusive, worldwide license for the technology."

Here is a bit more guff on the deal from Solar Junction.

Solar Junction Closes $19.2 Million Round for Scaling of
Manufacturing
Exclusive Epi Agreement and Investment from IQE to move into High Volume
Manufacturing
SAN JOSE, Calif., Feb 13, 2012 — Solar Junction, a developer of high efficiency multijunction
cells for the concentrated photovoltaic (CPV) market, today announces the
close of its Series D financial round of $19.2 mil from current investors with an
additional strategic investment and partnership from IQE. This investment and
partnership is to scale up Solar Junction’s manufacturing of its world record cell of
43.5% efficiency.
“I am ecstatic about the partnership with IQE and the closing of this current round,” said
Jim Weldon, Solar Junction founder and CEO. “In the face of all the externalities
hindering solar – pricing, overseas competition, financial markets – Solar Junction has
multi-megawatt orders, the financing, the manufacturing capacity and the world record
for cell efficiency that will catapult CPV into newer and bigger markets.”
Solar Junction closes its largest round to date of $19.2 mil with investments from New
Enterprise Associates (NEA), Advanced Technology Ventures (ATV), Draper Fisher
Jurvetson (DFJ) and IQE. With the strategic partnership, Solar Junction is now able to
meet demand and fulfill current and future orders with a number of CPV companies.
Solar Junction will continue to engage with additional module manufacturers to further
technological advances within the CPV market. Solar Junction’s world record efficiency
and sustainable efficiency roadmap exceeding 50% within the decade is a key enabler
to reduce CPV module costs to meet the U.S. Department of Energy’s $ / 1 watt
objective.
Solar Junction is currently manufacturing CPV cells at a multi-point production efficiency
advantage over current market leaders. Customers immediately realize the cell’s
efficiency benefit in reductions to LCOE (levelized cost of energy) and $/watt of their
CPV modules.
“This is a potentially transformational opportunity. The CPV market has reached an
inflection point in terms of cost comparisons with fossil fuels and is promising
impressive growth potential,” said Dr. Drew Nelson, CEO of IQE. “A combination of
Solar Junction’s core materials IP and technology, together with our own IP and
manufacturing capabilities, provides a compelling route to significantly higher cell
efficiency and cost effective, high volume production.”
Solar Junction sought a strategic epi partner, and selected IQE due to its proven
expertise in high volume epitaxy, its established reputation in the CPV market and IP,
complements Solar Junction’s own technology roadmap to higher efficiencies. IQE is
investing $5 mil and receives an exclusive multi-year epi wafer supply contract with
Solar Junction.
"Another Silicon Valley success story and it couldn't come at a better time," said Silicon
Valley Leadership Group CEO Carl Guardino. "Jim Weldon and his team at Solar
Junction are leading the U.S. in innovating our way out of the cost per megawatt wars in
solar."
Solar Junction’s cells incorporate the company’s proprietary adjustable spectrum latticematched,
A-SLAM™ technology. This financing and partnership enables Solar Junction
to scale to high volume manufacturing of its world record efficiency cells for the benefit
of its customers, while continuing to manufacture in the U.S.
About Solar Junction
Solar Junction is a manufacturer of high efficiency III-V multi-junction solar cells based on ASLAM
™ materials. The company is dedicated to providing the industry’s highest efficiency solar
cells to enable CPV as a cost effective energy solution. Founded in 2007, Solar Junction is
headquartered in San Jose, California. Investors include New Enterprise Associates, Draper
Fisher Jurvetson and Advanced Technology Ventures. For more information, please visit
www.sj-solar.com
About IQE
IQE is the leading global supplier of advanced semiconductor wafers with products that cover
a diverse range of applications, supported by an innovative outsourced foundry services
portfolio that allows the Group to provide a 'one stop shop' for the wafer needs of the world's
leading semiconductor manufacturers.

I think the worm is about to turn, and high time too !!

I think the worm is about to turn, and high time too !!

IQE's CPV materials successfully qualified for ...
HUG
Cardiff, UK. 8 August 2013: IQE plc (AIM: IQE; "IQE", "the Group") announces that its material has been qualified for production-ready, high-volume manufacturing by its strategic partner Solar Junction Corporation ("Solar Junction").

Solar Junction, a developer of high efficiency multi-junction solar energy cells for the concentrated photovoltaic (CPV) market, has successfully completed the process transfer and full qualification of IQE's epitaxial materials for high-volume manufacturing.

This qualification is a major milestone which has required extensive validation of IQE's manufacturing processes, product quality and reliability in delivering material with cutting edge solar efficiency.

Solar Junction is now production-ready and at an advanced stage in qualifying its cells with the leading global CPV systems manufacturers. Solar Junction expects to receive initial high-volume orders over the coming months.

As a result of the joint development agreement in February between Amonix and Solar Junction, Amonix, the leading worldwide installer of CPV systems, is already testing solar cells produced with IQE epitaxy and observing improved performance.

Jeff Allen, Vice President of Business Development at Solar Junction, said:

"The qualification of our production-ready 42% median efficiency solar cells produced by IQE and our new fabrication line could not have come at a better time for Solar Junction and the CPV market.



"Solar Junction's key customers are highly impressed with the 2+% cell efficiency advantage over our competitor's cells, which translates to an estimated reduction in total installed CPV system cost of approximately 5%.



"The rapid adoption of our technology in the U.S., China and Middle East will propel Solar Junction to market leadership in CPV."

A recent independent industry report estimates the target market for CPV is expected to exceed 5GW over the next few years, with more than 750MW to be installed by 2015.

Initial deployment will be in Southwestern U.S., Southern Europe around the Mediterranean, Middle East and Northern Africa (MENA), Southern Africa, Chile, Australia and China.

Dr. Vijit Sabnis, Chief Executive of Solar Junction said:

"The successful qualification is attributable to the close partnership of the team responsible, from Solar Junction and IQE, over the past twelve months.



"The IQE epitaxial materials are fabricated at Solar Junction's 4" and 6" production facility, partially funded by the U.S. Department of Energy SUNPATH contract, in Silicon Valley. Solar cells are currently out for independent third-party verification of efficiency results with performance anticipated to be equivalent to that produced by our internal pilot line."

Solar Junction's successful qualification continues to demonstrate the value of its dilute nitride materials, which uniquely provides CPV system manufacturers the foundation to deliver the most efficient conversion of solar to electrical energy. In October 2012, Solar Junction achieved a World record 44% efficiency for a standard 3J cell at a concentration of 942 suns.

Dr. Drew Nelson, IQE Chief Executive, said:

"The successful qualification of IQE's production scale epiwafers for CPV marks a key milestone in bringing Solar Junction's advanced technology to market. What has been particularly impressive is that median efficiencies from our large volume 4" and 6" platforms are at least as good as have been previously achieved in small scale demonstrations.



"The performance and manufacturing advantages of Solar Junction's 3J solar cell technology will accelerate adoption of CPV and position IQE to become the key epiwafer supplier to the global utility scale CPV solar market.



"These achievements clearly demonstrate the success of our strategy to invest in Solar Junction and enter into an exclusive, worldwide license for the technology."

Contacts:

IQE plc
+44 (0) 29 2083 9400
Drew Nelson
Phil Rasmussen
Chris Meadows

This is big! Shares will be rerated

IQE receives BUY rating

These "buy" ratings have been coming from all over the show !

Let's hope for lift off. I believe the target set in the above post was 65


IQE (LON:IQE)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a research note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a GBX 65 ($0.99) target price on the stock. Canaccord Genuity’s price objective indicates a potential upside of 170.83% from the stock’s previous close.

Shares of IQE (LON:IQE) opened at 24.945 on Thursday. IQE has a 52 week low of GBX 18.00 and a 52 week high of GBX 37.85. The stock’s 50-day moving average is currently GBX 26.62.

Several other analysts have also recently commented on the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of IQE in a research note to investors on Wednesday, July 24th. They now have a GBX 55 ($0.84) price target on the stock. Separately, 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.

One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. IQE currently has a consensus rating of “Buy” and a consensus target price of GBX 45.83 ($0.70).
r lift off. I believe the target set in the above post was 65.

I suppose that a good start will be the taking out of the 50 day moving average of 26.62

Canaccord Genuity is the house broker so I not sure how subjective 65p is.

it appears a little unreal that it is currently trading on a forward P/E of 7.5

I would have thought that @30p was a more realistic target short(er) term.

I think a re-rating is due (maybe overdue) and a forward P/E of 12 would be circa 45p