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

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A bit out of date now, I guess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.

Yes, it looks as though we've finally cracked. And, good riddance to them !!

From ShareProphets.

News from the land where no-one shags sheep: Manufacturer and leading global supplier of advanced semiconductor wafers, IQE (IQE) has announced that its material has been qualified for high-volume manufacturing by strategic partner, Solar Junction.

Solar Junction is a developer of high efficiency ‘CPV’ solar cells and a company in which IQE invested last year when an exclusive wafer supply deal was also agreed. Its key customers are reportedly “highly impressed” with the 2+% cell efficiency advantage over competitor's cells, “which translates to an estimated reduction in total installed CPV system cost of approximately 5%”, seeing IQE Chief, Dr. Drew Nelson, assert that:

“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”.

The announced qualification is thus seen as “a major milestone” by IQE, with it noting that “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”.

Shares in IQE trade at 25.375p-25.625p on the back of the announcement, which follows a reassuring trading update at the end of last month. After a helter skelter year for the share price the stock trades on a current year PE of 12, falling to 8 and then to little more than 6. For a growth stock that is a highly undemanding sort of rating.
- See more at: http://www.shareprophets.com/views/1260/iqe-uplift-from-solar-junction-news#sthash.CdGLTWDI.dpuf

Making an attempt to overcome the 30p resistance. Once through should be another nice ride up for a while.

Nice big 1.3m share buy today. Not sure why people obsessed with Blackrock selling, they have been replaced by better and bigger likes of Standard Life for one. Always someone selling, someone buying. Encouraging that funds have bought into them recently and with the figures out in Sept i expect very good numbers and a speedy recovery in the sp

PV Insider
By Bea Gonzalez on Aug 20, 2013

Companies and organisations mentioned: Solar Junction, IQE,

IQE’s CPV materials qualified for high-volume production

Epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK, has been qualified for high-volume manufacturing by its strategic partner Solar Junction Corporation. California-based developer of multi-junction solar cells for the CPV market Solar Junction completed the process transfer and full qualification of IQE’s epitaxial materials, which required extensive validation of IQE's manufacturing processes, product quality and reliability.

Solar Junction is now production-ready and at an advanced stage in qualifying its cells with leading global CPV systems manufacturers. The company expects to receive initial high-volume orders over the coming months. Amonix is already testing solar cells produced with IQE epitaxy and observing improved performance, in line with the joint development agreement made with Solar Junction in February.

"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%,” said Jeff Allen, Vice President of Business Development at Solar Junction.
- See more at: http://news.pv-insider.com/concentrated-pv/cpv-intelligence-brief-6-%E2%80%93-19-august-2013#sthash.5C2cnK1T.dpuf

New world record using IQE cells IQE looking nice and solid at present - perhaps a breakout coming soon. This is a must-read - a new world record for solar power using Solar Junction and IQE's cells. Perhaps IQE should shout about this via an RNSNON at the least?[link] claims new PV module efficiency record 20 Aug 2013Concentrated PV module hits 35.9% under new test conditions, with further improvements in the pipeline.Amonix' CPV systemsAmonix, the Californian concentrated photovoltaics (CPV) specialist, says that it has set a new world record for solar power, after the US National Renewable Energy Laboratory (NREL) measured its module efficiency at 35.9%.Based on recently adopted CPV IEC test conditions of 1000 W/m2 and 25 °C cell temperature, the efficiency data was generated under outdoor test conditions at NREL between late February and April this year.The result represents the highest ever independently rated module efficiency for any PV technology – CPV is much more efficient than conventional PV systems, but requires much more expensive cell technology - and is the first time that NREL has quantified the rating for a concentrator module with the cells at 25°C rather than their normal operating temperature.The multi-junction cells used in the high-performance module typically operate better at lower temperatures – much like laser and light-emitting diodes.“This 35.9% IEC CSTC module efficiency is a direct comparison to [conventional] PV module efficiencies, which are often reported at IEC standard test conditions,” said Vahan Garboushian, the founder and CTO at Amonix.Cell developmentThe latest result builds on Amonix’s mark of 34.9% set earlier this year, while the company recently claimed that at peak operation its modules had converted more than 36% of sunlight into electricity.Back in February, Amonix signed a co-development deal with the multi-junction cell manufacturer Solar Junction. The two companies are aiming to drive down the cost of CPV technology following a period during which conventional silicon PV modules have plummeted in price.They believe that despite that price crash, the advantages of the CPV approach in suitably hot and sunny locations where the technology excels means that it can still be competitive – and pushing cell, module and system efficiency is a critical element of that strategy.Garboushian adds that there is plenty of scope for further improvement, saying: “With the advent of higher efficiency cells from companies like Solar Junction, Amonix anticipates achieving considerably higher module efficiencies and breaking our currently standing world records in the very near future.”While researchers at Sharp in Japan now hold the world record for cell conversion efficiency at 44.4%, Solar Junction’s very best cells have demonstrated 44% performance. But perhaps more important than such “hero” results, the US company believes that it is on a development path that will deliver a median cell efficiency of 42% in production.With cell fabrication on 150 mm semiconductor substrates planned with key manufacturing partner IQE (i.e. larger wafers than are currently used), the cost of the devices should also be pushed down.“Solar Junction’s goal is to deliver the most efficient cell into the market to help drive down the cost and increasing the CPV module power output,” reports the venture-backed cell maker."

I think the stock has suffered, because of a lack of understanding by some analysts of what the company actually does.

However, the continual good news should have been better recieved - i.e. ( or more appropriately IQE ! ) a significant increase in the share price. Double, I would suggest .

IQE reports new CPV cell efficiency
RNS
RNS Number : 2149M
IQE PLC
22 August 2013


Solar Junction surpasses its previous World-Record with certified 44.1% cell efficiency on IQE's production qualified wafers.


Cardiff, UK. 22 August 2013: IQE plc (AIM: IQE; "IQE", "the Group") announces that its high-volume, production qualified material has been independently certified as achieving 44.1% cell efficiency by the National Renewable Energy Laboratory (NREL), surpassing Solar Junctions previous World Record for a standard triple junction CPV cell.


The wafers, produced using IQE's high-volume MBE tools, were processed by IQE's strategic partner Solar Junction Corporation ("Solar Junction"), a developer of high efficiency multi-junction solar energy cells for the concentrated photovoltaic (CPV) market. The standard three-junction solar cells are believed to set a new world record for production scale CPV wafer technology and demonstrate improved efficiency over Solar Junction's previous World Record reported in October 2012.


Vijit Sabnis, CEO at Solar Junction said:


"Breaking a World Record is a major achievement, but improving on our most recent record using high-volume production equipment produced in conjunction with our manufacturing partner IQE, and Solar Junction's fabrication line in Sunnyvale, CA, is dramatically more significant. This result is a testament to our close partnership with IQE, Solar Junction's dilute nitride technology and our exceptional team. We continue to be the benchmark for multi-junction solar cell production efficiency to assist our customers in driving CPV costs down."

Dr. Drew Nelson, IQE Chief Executive, said:

"Following our recent announcement of full qualification of our high volume 4" and 6" CPV technology, surpassing Solar Junction's previous cell efficiency record is a massive achievement.


"Improvements in CPV cell efficiencies translate to highly significant overall cost reduction in terms of installation and energy generation in utility scale solar farms. The fact that this has been achieved on production qualified platforms is a major milestone. Furthermore, the transfer of wafer production to IQE's manufacturing tools enables the Solar Junction team to focus on further improving efficiencies on lattice-matched, multi-junction CPV solar cells using a combination of their unique dilute nitride technology, combined with pre existing IQE IP. This will facilitate seamless technology transfer into high volume manufacture of ultra efficient CPV cells as the conversion efficiency improves further."

This might be the straw that broke the camels' back. Now through the 30 mark .

Agreed and nice to see at last.

IQE rating

IQE (LON:IQE)‘s stock had its “buy” rating reiterated by analysts at Nplus1 Brewin in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 45 ($0.70) price target on the stock. Nplus1 Brewin’s target price would indicate a potential upside of 58.17% from the stock’s previous close.

IQE (LON:IQE) opened at 30.0175 on Thursday. IQE has a 1-year low of GBX 18.00 and a 1-year high of GBX 37.85. The stock has a 50-day moving average of GBX 24.72 and a 200-day moving average of GBX 25.16.

A number of other analysts have also recently weighed in on IQE. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of IQE in a research note to investors on Thursday, August 8th. They now have a GBX 65 ($1.02) price target on the stock. Finally, 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 ($0.86) price target on the stock.

One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 45.83 ($0.72).

Good day good day. Lets hope 30p resistance has now been overcome.

Hello GF, how did you come by your moniker ? Struck it rich or a relative of Ian Flemming !