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

CP..........loads err money..................

By Investors Chronicle, 23 August 2013

...company will deliver a bumper set of financial results in two weeks' time that will lead to a sharp share price re-rating.- IQE's...

Next pschycological level to break is 37.5 then onwards to 50p after results IMO. Company is coming of age, has great products in development in a lucrative Mkt, will be a leader and a target

write up on Triquint who are one of IQEs larger customers

IQE supply Triquint

IQE stood at 58p in January 2011, and started falling after very good results , to as low as 18 p. The reason for the fall I reckon has to be the shorting of the stock after a very good run. Here is a post that I put up then showing the stock's potential. And, there is nothing to suggest that it might not happen again !



The gossip on the street,according to todays' Daily Telegraph, is that Intel is looking at buying IQE for 95 pence a share.
IfIntel to buy IQE for $767 million?

Posted on Thursday, January 13 2011 @ 20:58:05 CET by Thomas De Maesschalck

Word is going around that Intel is planning to buy advanced semiconductor wafer supplier IQE for �487 million (about $767 million). The chip giant reportedly wants to use IQE technology for its advanced process nodes.
IQE is now firmly established as a supplier of advanced semiconductor wafers with products that cover a diverse range of applications. It supplies various processes, such HBT, BiFET, solar and others.

Last month, Intel and IQE week presented a joint paper on the development of InGaAs Quantum Well Field Effect Transistors (QWFETs) for low power logic applications. The paper detailed work carried out by scientists at Intel�s Technology and Manufacturing Group in Oregon and IQE�s epitaxial growth facility in Bethlehem, Pennsylvania.
Source: EE Times

There is a lot of noise about IQE at the moment, talk of a buy out, broker recommendations, and tipsters.

here is a bit more

Nice Tip Buy IQE says Steve Moore Shares in leading global supplier of advanced semiconductor wafers IQE plc (LSE:IQE) were marked 4% higher yesterday to 29.75p-30.25p, on the back of an announcement that Solar Junction Corp has, on IQE high-volume, production-qualified wafers, set a new world record of 44.1% cell efficiency (certified by the National Renewable Energy Laboratory) for production scale concentrated photovoltaic wafer technology. This is just the start. I should believe that as I own the shares and won't be selling until I have advised readers to do so first - but that won't be this side of 50p. In February of last year IQE announced a $5 million investment in Solar Junction as part of a strategic investment and exclusive wafer supply agreement with the developer of high efficiency multi-junction solar energy cells for the concentrated photovoltaic market. Today’s news follows soon after IQE’s material has been qualified for high-volume manufacturing by Solar Junction – with Solar then noting that its “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%”. This is unsurprising given that, as IQE Chief Executive Dr. Drew Nelson noted: “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 latest news is particularly pertinent as Solar Junction is now production-ready – with IQE believing that the company's superior offering “will accelerate adoption of CPV and position IQE to become the key epiwafer supplier to the global utility scale CPV solar market”. This all follows a reassuring trading update at the end of last month – which, with the shares then at 26.75p-27.25p, saw me conclude that the valuation looked to continue to fail to reflect the positive growth outlook. Even at today’s somewhat higher price, the current earnings growth projection – from 1.59p per share for the 2012 calendar year, to more than 2p this and 3.3p next - suggests that there is still good value on offer with these shares. Buy.

Simon Thompson of the not quite so respected Investors Chronicle, per some posters elsewhere.

They quote him as follows:

""In the circumstances, for the shares to be rated on a modest eight times earnings estimates for 2014 is clearly anomalous. And that's before you factor in IQE's potential to ramp up production;"

"I maintain my conservative target price of 35p, which is significantly less than Canaccord's price target of 65p. Both N+1 Singer and Peel Hunt have target prices around 45p."

ST has a large following, so this could have quite an effect. He's pretty keen on IQE and has recommended the company before.

http://ichimokutrader.com/

if you are a chartist you will like this............skinny!

showing breakout for IQE

Thanks - here is Barcharts current take

Skinny.........you can't argue with that, the tea leaves confirm it as well.

currently about to test the resistance point of 31.69

RNS interim results on 19th September.

Makes good reading

Edison report

Thanks Activmoto, it does indeed. I think iqe is undervalued too and 45p is a realistic short term target

Results out 19th unsure how they will be received

Should show a prospective p/e of around 11, so sp would have to double to get back to a more normal 22 in line with others. My target for this yr is 45p based on eps of 2.2

Some realization of the undervalue, and looks like some steady stake building ahead of Thurs results. The price has broken the resistance four times now and suggests next resistance 37.5 which i would think we will see on Thursday.

Up over 4% on the day. Very nice.

Hope we get a added note with results re-to sale of wafer contracts etc.

With all the positive news regarding IQEs partners & peers it difficult to imagine a negative interim, unless something has gone wrong. If they were going to undershoot by a lot we would have heard.
My feeling is, things have gone well and we will have a pleasant surprise along with a re-rating up on the SP

sit tight