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

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

I might add Blackrock are still shorting IQE and holding 2.7% since late June

As far as I can see, when the stock was at about 35, the good news coming out was overshadowed by talk of Qualcom developing a chip that would take business from IQE.

Instead of going up, it went down . However, continual good news should pour cold water on that idea. Even at 30p, I reckon the stock to be ludicrously undervalued !

I suppose that a good deal of the problem stems from the fact that many have a poor understanding of what the business is all about.

Think the real re- rating will come with next update in september.

Not long to go now.

Short tracker Blackrock short position

I think we might see a rise as the shorters come under pressure to buy.

who would be shorting at this time and why ????

The shorter you are the less you can see !!

I guess it depends where you look!

that's called a short squeeze, could end up looking [at] a right tit

Lack of Broker updates today,perhaphs we will get them tomorrow.

Bernie always looks a right tit, Activmoto - I don't know what women see in him, apart from his bank balance of course!

Another share on my watchlist at the moment, looks to me like the share price should be doing better than it is.

now at 50 day moving average of 26.62

Do you mean the 200?

go on......... HIGHER HIGHER HIGHER.

27 Jul 2013 ... 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.

A bit out of date now, I guess

The shorter's are forming an orderly queue at the exit. No one would want to be holding a short position over the weekend.