Recommended by myself as a Strong Buy at 8.00-9.00 pence on 15.10.04
http://www.iqep.com/
Daily Execution Price and Volume


(USA)

Semi Index

!FUNDAMENTALS!NEWS
Preliminary Full Year Results - Tue 22 Mar 2005
IQE plc was formed in May 1999 by the merger of two leading wafer foundries, each with a proven track record in the supply of high quality electronic and optoelectronic materials produced using MBE and MOCVD platforms. We believe that the expertise and experience across a diverse range of materials available from IQE is unparalleled within the compound semiconductor industry.

LATEST NEWS :
RNS Number:8494E
IQE PLC
04 November 2004
IQE secures major outsourcing contract with leading RF component manufacturer
IQE's North American subsidiary, IQE Inc, today announced it has secured a major
outsourcing contract to supply a leading North American RF Component
Manufacturer with epitaxial materials for its RF based components used in mobile
handsets. The agreement, which is effective from 1st November 2004 and is for a
minimum term of two years, renewable annually thereafter, provides for IQE's
Bethlehem site to supply more than 90% of the customer's anticipated demand for
their advanced RF wafer products and is estimated to be worth around US$25
million in revenue to IQE over the initial two year period. As a result of the
agreement, internal wafer manufacture at the customer's site will cease. Both
parties have been working closely together for several years; a relationship
through which IQE has gained a high degree of confidence in its own ability to
service the outsourced epiwafer needs of major manufacturers.

IQE's President & CEO, Drew Nelson said "This agreement with such a prominent
global supplier of RF components for the cellular phone market demonstrates a
clear movement towards the outsourcing model within the compound semiconductor
industry. Their selection of IQE as the primary partner, as a result of our
large and comprehensive production capacity, and low cost structure, endorses
the Company's commitment to the outsource model"

A spokesman for the customer commented: "outsourcing certain products and
services such as the manufacture of our RF epitaxial wafers allow us to
concentrate our efforts on the processes that add significant value to our
product offering within the global, highly competitive RF market place and we
are pleased to build on previous work we have undertaken with IQE. This
agreement will allow us to be one of the most highly cost effective players in
the RF component marketplace"

Tradeshows
IQE actively participates in a wide range of tradeshows, conferences and seminars throughout the World.
IQE will be participating in the following forthcoming trade event:
--------------------------------------------------------------------------------
EVENT LOCATION DATE
--------------------------------------------------------------------------------IEDM 2004 San Francisco, CA 07 Dec 2004
(05 November 2004)
The Company was notified today by Canada Life Limited, that following the
purchase of 2,000,000 ordinary shares of 1 pence each in the Company ("Ordinary
Shares") at 11.6 pence each, Canada Life Marketing Group is now interested in
14,551,156 Ordinary Shares. These Ordinary Shares represent 4.6 per cent. of the
issued share capital of the Company.

(20 October 2004) 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.

Director Holdings :
Dr Drew Nelson 26,724,636 (5 Nov 2003)
Dr Michael Scott 26,157,970 (5 Nov 2003)
Martin Lamb 3,775,584 (5 Nov 2003)
Dr Godfrey Ainsworth 1,627,020 (20 Oct 2004).

Buy Note published by House Broker Evolution Beeson Gregory on 04.11.04 :

Evolution Securities 100 Wood Street, London, EC2V 7AN 020 7071 4300
Evolution
SECURITIES
www.evosecurities.com 4 November 2004
IQE (IQE) Buy
Mkt cap: 36m Net cash: 11m Contract win Price/Target: 11p/15p
Breakthrough contract win
IQE has announced that it has won a $25m two year outsourcing deal
with a leading US RF component manufacturer. This is a genuine
breakthrough for IQE it gives us the confidence needed to raise our
target price to 15p
IQE have won a major outsourcing contract with a leading US Radio Frequency
wireless/mobile components company. The contract has a minimum term of
two years and an initial value of $25m. This is one of the four contracts that
management were referring to at the time of the fund raising in November
2004. The other three do not appear to be close to signing at present but the
list of potential customers is still there and management continue to talk to
other parties. This contract win proves that there is a market for wholesale
outsourcing of epitaxy and we expect others to follow but not in the
immediate future.
We estimate the split to be $10m:$15m between year one and year two. The
contract involves the closure of the customer's facilities and because of the
sensitive nature of this the identity of the customer has not been announced.
We are not changing our forecasts. This $10m for the first year is already in our
27.2m revenues estimate for next year. It is worth noting that because the
contract is with an existing customer there is an element of revenue substitution
in this contract. However, this announcement does mean that we are
considerably more comfortable with the forecasts than we were.
If more contracts come through, the revenues should go straight into our
forecasts. We would not expect the other contracts to be as substantial as this
but given the marginal loss/profit scenario we have forecast for next year their
effect on earnings could be significant.
As a result of this announcement we have increased confidence in the forecasts
and so we are increasing our share price target to 15p.
Ian Robertson +44 (0)20 7071 4463 ian.robertson@evosecurities.com EVO Securities is broker to IQE
Year end Sales (m) EBITDA (m) PTP (m) EPS (p) PER (x) Yield (%) EV/Sales (x) Revised?
12/03A 18.8 -11.3 -12.8 -6.2 - - 1.3
12/04E 17.1 -8.3 -9.9 -3.1 - - 1.5 No
12/05E 27.2 0.4 -1.5 -0.5 - - 0.9
21. 75 1 5/1 0/03 LOW 2 .20 11/ 3/0 3 LAST 8 .50 Source: DATASTREAM

Up 5.56% (USA)

http://tinyurl.com/4mk66

Semiconductor :

Semi Index up 2%

Tech' stocks bubbling again :

Wall Street surges as technology rallies

NEW YORK (AFX) -- A rally in technology stocks boosted the Nasdaq to a
7-month high Thursday while lifting blue chips into positive terrain on the year
for the first time in four months. The Dow Jones Industrial Average rose 84.36
points, or 0.8 percent, to an unofficial close of 10,469.84 while the Nasdaq
Composite Index popped 26.71 points, or 1.3 percent, to 2,061.27 and the S&P
500 climbed 10.57 points, or 0.9 percent, to 1.173.48.
This story was supplied by CBSMarketWatch. For further information see
www.cbsmarketwatch.com.

Distinguishing Trades :

73,500 BUY comes through at 10.70 pence...Online buy price is 10.70 pence.

Source : Comdirect.

Level 2 at 1 v 2 :

KLWT alone on the bid at 10.50 pence, we should expect another large T buy to appear again towards close.

Ok Now :

Online buy price is 10.80 pence now hence the trades should go in the right buy/sell column.

Seems KLWT need stock to fill the large buy, the offer came down to 10.75 pence for a second or so before going back up to 11.00 pence.

Yeah right.

Funny how buying is given as the reason for every fall ... more bull sh*t from Sue Helen.

I am really getting ticked of by dil. If you think that the stock is so awful i presume you dont own any. Therefore if you have nothing worthwhile to say without backing it up then i suggest you keep quiet and leave your personal vendetta against sue helen and take it somewhere else

While she carries on posting bullsh*t I will carry on pointing it out. My last post gave no opinion on the stock just an opinion on the flawed logic of a previos post.

If you don't like it use the squelch button but imo people who post misleading bullsh*t deserve all they get.

Have a nice weekend.

What a martyr

Thanks luv , now back to the kitchen theres a good girl.

As expected more larger buys got filled today :

170,000 buy came through at 10.50 pence
250,000 T buy came through at 10.50 pence

The MMs had to fill 2 large buys today : 250,000 at 10.5 pence and 170,000 odd at 10.50 pence hence the price could not rise and the MMs tried to get stock lower than 10.50 pence by keeping the bid at 9.50 and 10.00 pence so that way they make their profit as well.

Someone is trying to build a 3% stake here I reckon, as my calculations comes to around 8 + million in large buys since Thursday, they need another 500K or so I believe.

We may have another instituition buying :

Thursday 04.11.04:

2 Million buy at 11.61 pence - belongs to Canada Life Limited
4 Million buy at 11.41 pence

Friday 05.11.04:

500,000 T buy at 12.00 pence
250,000 T buy at 12.25 pence
250,000 O buy at 12.25 pence
250,000 VW buy at 12.25 pence

Monday 08.11.04:

250,000 T buy at 11.50 pence
100,000 T buy at 11.50 pence

Tuesday 09.11.04:

250,000 T buy at 10.25 pence

Wednesday 10.11.04:

258,974 buy at 10.38 pence
500,000 X trade at 10.50 pence - transfer of 500,000 shares from one instituition to another.
500,000 T buy at 10.00 pence.

Thursday 11.11.04:

130,287 buy at 10.65 pence - Retail Investor
100,000 buy at 10.65 pence - Retail Investor
200,000 buy at 11.00 pence
270,000 buy at 10.70 pence
250,000 T buy at 10.50 pence.

Friday 12.11.04 :

170,000 buy at 10.50 pence
250,000 T buy at 10.50 pence

The total adds up to around 8.50 million shares so far. I think an instituition has nearly purchased the notifiable stake of 3% of the total number of shares in issue (315m) in IQE.

What makes you assume they are all buys ?

What makes you assume they are all trades from the same person / institution ?

More bull sh*t ?

Dil if an MM has a large client who wishes to buy stock then they will try to get them stock as cheaply as possible, its called looking after the hand that feeds you.

So either Sue Helen is an mm who can identify those trades or a bullsh*tting ramper who is making it up.

Take your pick.

PS momentum , teaching granny to suck eggs is apparently a waste of time ... you been here long or just signed up tonight to tell me that ?

Are you in the stock Dil

All i can say is i bought at 6p 3 months ago, and i am in considerable profit and im confident of holding on for more, but keeping one eye on the dollar. Despite what suehelen says (true or false im not sure, probably a mixture of both) the facts are this is a company in recovery.

Well done Kivver , get in before the rampers , ps your another bullsh*tter.

John50 , does it matter .... whats your point ?

Bullie .... get rid of sh*t like Sue instead of the genuine guys who have had a guts full of ramping lying twa*ts !

Pull one more of my threads and the FSA get involved.