Recommended as a sell and maybe buy back in the autumn in Shares Magazine. Seems to be going up nicely on fairly large volumes ahead of interims on Wednesday (18.8.04). Does anybody know much about this company??

73,838 BUY comes through at 9.15 pence...
And we gone blue.......with 9.50 pence on the offer
Next set of T buys may get filled at 9.50 pence now......they've come at 7.75, 8.25, 8.50, 9.00, 9.25 pence in that order since last Thursday.

Online buy limit reduced to just 150,000 shares now at 9.30 pence. Normally its always between 250-350K as a standard. Expecting a large T buy to come towards close again today.

Buyers not about as much as yesterday thus far but no sellers about as well....they haven't really been any since couple of weeks ago. Strengthens the chart and keeps the volume balance positive. Not much movement up today but the price has been up for four trading sessions in a row albeit not much in terms of percentage rises though the engine has been warmed up before the big surge in power.

Online Prices and Quotes :

8.62-9.30 pence, 150,000 both ways.

Investtech Analysis after today's close :



Positive Candidate (Short term) - Oct 19, 2004
IQE ORD 1P has broken the falling trend and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The stock has broken up through the resistance at p 8.74. This predicts a further rise. Volume tops correspond well with price tops, and volume bottoms correspond well with price bottoms. This strengthens the stock. RSI is overbought, which indicates a potential short-term reaction down. The RSI curve shows a rising trend, which could be an early signal for the start of a rising trend. The stock is overall assessed as technically positive for the short term.

Neutral (Medium term) - Oct 19, 2004
Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. The moving average indicator has given a positive signal. In isolation, this signals a continued rise, but the slowness of the indicator often means that one has lost much of the upside. The stock is testing the resistance at p 9.00, which may give a negative reaction. The stock is overall assessed as technically neutral for the medium long term.

Neutral (Long term) - Oct 19, 2004
Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. The stock has support at p 6.00 and resistance at p 22.00. Positive volume balance strengthens the stock in the short term. The RSI curve shows a rising trend, which could be an early signal for the start of a rising trend. The stock is overall assessed as technically neutral for the long term.

This bit is nice, we're officially into a rising trend nearly, with the price blue in four trading sessions in a row :

"The RSI curve shows a rising trend, which could be an early signal for the start of a rising trend".

RNS Number:2496E
IQE PLC
20 October 2004


20 October 2004


IQE plc ("the Company")
Additional Listing / Director's Shareholding


Application has today been made to the London Stock Exchange for 172,728
ordinary shares of 1p each in the Company ("Ordinary Shares") to be admitted to
trading on AIM. These Ordinary Shares are being issued to satisfy payment of
non-executive directors' fees for the third quarter of 2004.

115,613 of these Ordinary Shares, representing approximately 0.04 per cent. of
the existing issued share capital of the Company, are being issued to Dr G.H.H.
Ainsworth in settlement of his Chairman's fees for the third quarter of 2004.
Following this issue, Dr G.H.H. Ainsworth will be interested in 1,627,020
Ordinary Shares, representing approximately 0.52 per cent. of the issued share
capital of the Company.

Admission of all the Ordinary Shares is expected to become effective on 25
October 2004.


For further information, please contact:

Leslie Coventry, IQE plc 02920 839400



This information is provided by RNS
The company news service from the London Stock Exchange

END
LISILFVDIVLALIS

Nice to see the directors still taking their wages in shares rather than in all cash...

Or from another spin - perhaps they haven't got the cash to pay them. Think about that!

WHY ARE THERE SO MANY SELLERS OUT THERE TODAY SUE HELEN

RNS Scottish Widows Investment Partnership LTD on behalf of Loyds TSB are interested in 24,020,662 shares.

john50 - Ah, but if you looked at the RNS on 9 Sep you will have noticed that SWIP Ltd on behalf of Lloyds TSB were interested in 27,770,662 shares. In other words they have sold 3,750,000 shares. Now why do you think that is?

yea, but they kept 24 million, 20 thousand 662 shares, why do you think that is???. They sold a few to buy some sps (probably).

Released Yesterday :

RNS Number:2826E
IQE PLC
20 October 2004


IQE plc ("the Company"

Holding in the Company




The Company was notified today by Scottish Widows Investment Partnership Ltd on
behalf of Lloyds TSB Group plc and its subsidiary companies, that they are
interested in 24,020,662 ordinary shares of 1 pence each in the Company
("Ordinary Shares". Of this interest, 22,039,762 Ordinary Shares are material
interests, which represent 6.98 per cent of the Company's current issued share
capital. The material interests are registered as follows:


Registered Holder Number of
Shares Held

State Street Nominees Ltd A/C XBK5 179,100
State Street Nominees Ltd A/C W39H 21,860,662

Total 22,039,762





20 October 2004



This information is provided by RNS
The company news service from the London Stock Exchange

END

Scottish Widows have sold only 3.60-3.70 million shares, the instituition that has been buying has bought nearly 15.00 million shares over the last week. Hence, the price has been up four trading sessions in a row and yesterday finished unchanged.

That is the RNS I am waiting for.

250,000 BUY has come through at 9.25 pence this morning

Large buyer who has accumalated many already....could be buying more today with the 250,000 VW wieghted buy at 9.25 pence reported so far....online buy size is the lowest I've seen in IQE for a long while at 100,000 at 9.38 pence.

Topped up with 15,457 shares this morning at 9.38 pence....as well.

Sue - can we just clarify a few things here?

1) You reckon there is resistance at 10p(from your Investech posts)

2) Level 2 has only WINS left on the bid with 4 MMs on offer

3) Scottish Widows have a huge holding and are decreasing.

Apart from some VW and T trade buys, do you have any other reason to buy at the moment?? Presumably, Scottish Widows will simply sell to match the buying, as to dump their holding in one go would be impossible without a severe scalping.

Rgds
dell

Here comes the very large buy :

938,450 BUY at 9.25 pence has come through.

Large buyer still about...more still could be on their way.