Master RSI
- 03 Feb 2003 11:56
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
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goldfinger
- 19 Sep 2013 08:31
- 665 of 1520
Yep but its the wording by the management.
"Although the recent weakness in the global smartphone market, ahead of new product launches, has injected a greater degree of uncertainty in the short term, the overall wireless story remains as exciting as ever.".........ends
Everyone knows that. Why should they repeat it.
So frustrating.
robstuff
- 19 Sep 2013 08:38
- 666 of 1520
Cheaper options
chessplayer
- 19 Sep 2013 08:48
- 667 of 1520
Terrific results, the stock should be soaring. What in Hades is going on !
parrisf
- 19 Sep 2013 08:56
- 668 of 1520
If this stock was under valued before these results I would assume it is more under value.
robstuff
- 19 Sep 2013 08:56
- 669 of 1520
Will go higher, just wait. The sell on result brigade out the way. Funds will poor in.
goldfinger
- 19 Sep 2013 09:22
- 670 of 1520
Settling down now, ive added more again.
Oakapples142
- 19 Sep 2013 09:26
- 671 of 1520
So have I but getting a little overloaded - but what the hell
goldfinger
- 19 Sep 2013 09:35
- 672 of 1520
IQE Rating Reiterated by Nplus1 Brewin (IQE)
Posted by Bonnie Powley on Sep 19th, 2013 // No Comments
IQE (LON:IQE)‘s stock had its “buy” rating restated by research analysts at Nplus1 Brewin in a report released on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 45 ($0.71) target price on the stock. Nplus1 Brewin’s price target points to a potential upside of 47.54% from the company’s current price.
IQE has been the subject of a number of other recent research reports. Analysts at N+1 Singer reiterated a “buy” rating on shares of IQE (LON:IQE) in a research note to investors on Thursday. They now have a GBX 45 ($0.71) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of IQE (LON:IQE) in a research note to investors on Thursday, August 8th. They now have a GBX 65 ($1.03) price target on the stock.
One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. IQE presently has a consensus rating of “Buy” and a consensus price target of GBX 45.83 ($0.73).
IQE (LON:IQE) opened at 30.25 on Thursday. IQE has a 52 week low of GBX 18.00 and a 52 week high of GBX 38.00. The stock has a 50-day moving average of GBX 28.51 and a 200-day moving average of GBX 24.76.
IQE plc is a holding company. The Company is engaged in the development, manufacture and sale of advanced semiconductor materials, and provision of services to subsidiary companies
skinny
- 19 Sep 2013 10:59
- 673 of 1520
Canaccord Genuity Buy 30.00 30.50 65.00 65.00 Reiterates
Activmoto
- 19 Sep 2013 11:06
- 674 of 1520
I am holding, removed my stop loss.
I believe shorter's are closing positions hence the trading pattern.
goldfinger
- 19 Sep 2013 11:33
- 675 of 1520
Think our big day will come tomorrow.
Tends to be a contrarian this one.
chessplayer
- 19 Sep 2013 12:02
- 676 of 1520
Let's hope you're right GF. It's enough to make you want to spit, or even worse.
I guess every investor has their tale of woe. Mine is Ashtead. Every time I bought they went down , and every time I sold they went up. It was just as if somebody was saying, now that b*****d has bought we'll sell, and every time I sold they said buy.
I first bought when they were in the 10- 15 p region . And, where are they now ? - about 650 .
chessplayer
- 19 Sep 2013 12:24
- 677 of 1520
at any rate, what is going on with the price today so far is just absurd!
david lucas
- 19 Sep 2013 14:22
- 678 of 1520
Bought 10000 at 29.10p
robstuff
- 19 Sep 2013 15:18
- 679 of 1520
On target earnings per share of 2.2p for the full year. So current p/e/ is a paltry 13, much lower than their peers. Growth in wireless and other products ready for production such as Solar is expected and cost savings, and no tax to pay for years. Shareholder earnings likely to shoot up so todays value is amazing.
Press articles will be very positive and fund managers must be pooring over the figures, i dont think sub 30 will be available much longer. Happy to hold.
robstuff
- 19 Sep 2013 15:24
- 680 of 1520
"Advanced solar (CPV) is a disruptive technology which is gaining traction in the energy market. Advances in cell and system efficiency are accelerating the adoption of CPV, which is widely expected to be a $200-500m market for compound semiconductor materials in the next three to five years. Having successfully hit all major technical and operational milestones, and recently posted new world record efficiencies from our production platform, we are now qualified for high volume manufacturing to commence over the coming months.
"Our significant progress in strengthening and broadening the wireless business, whilst building a solid platform of technologies which are poised for strong growth in our other target markets, mean we remain confident of achieving market earnings expectations for the full year. The operational leverage of our business model should create significant earnings growth as our revenues increase."
skinny
- 19 Sep 2013 15:26
- 681 of 1520
N+1 Singer Buy 28.63 30.50 45.00 45.00 Retains
Canaccord Genuity Buy 28.63 30.50 65.00 65.00 Reiterates
halifax
- 19 Sep 2013 15:50
- 682 of 1520
sp going down hill rapidly..... time to bail?
doodlebug4
- 19 Sep 2013 15:59
- 683 of 1520
Well I just bought in here, halifax "Buy when everyone else is selling" and I think the drop is well overdone. imo
chessplayer
- 19 Sep 2013 16:05
- 684 of 1520
I would like to know what is required for the price to go up. There sure is something funny going on !!