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

I like the Username! :-)

Lloyds made me redundant x2 months before I was going to semi-retire ..... would have took me another at least 3 years to earn what they gave me to go .... lucky eh .... hence, redundant and happy!! ... even happier if IQE go over 30p as that will be this years holidays paid for

were they that desperate to get rid of you? :-))

R & H - I've been in this for a long time. I keep topping up below 25 - and there has been plenty of opportunity for that - and then taking profits on the top-up but leaving a core holding that will make my pension fund bulge one day. Or not.

Frustrating share, everything about the company seems to be flying except the share price.

Don't listen to the chartists, how can candlesticks predict share prices? I ask you...

you really don't want an answer to that one :-))

The frustration of holding IQE is enough to make you spit, or even worse! 4 of five say buy and the other says hold and the share goes nowhere.

Consider the following analogy. A share is going nowhere and 5 brokers say sell. Then on e of them raises it to a hold . As a result the share rockets up.

It makes about as much sense . I think though that a good part of the problem is that a lot of them don't know what the company is all about.

arguably now (~23.5) is not a bad place to buy as the early general sell-off seems to be petering out

well, it is a good job that the news on the stock has been positive ! Lord knows what the price would be if it was otherwise.

Cardiff, UK, 29 January 2014: IQE plc (AIM: IQE), the leading global supplier of advanced semiconductor wafer products and services to the semiconductor industry, is pleased to announce the appointment, with immediate effect, of Canaccord Genuity Limited, its current joint broker, as its nominated adviser and Peel Hunt LLP as its other joint broker

This might make a difference, but I'm not holding my breath . We might have to wait for the results due in March.

Baffled like everyone else .... there is talk of a further acquisition and possible rights issue, but would a company "expect to reduce debt further to below £35m" after paying off a large chunk during 2013" ...if this was in the pipeline ???

Reading company news again ... it states Capex programme has ended which again suggests no more acquisitions

Going to stay positive and sit tight and wait for one of the industry big boys to come in with a 50p a share offer for the company !!

IC also just posted a positive update

It’s not often that a company reports a bumper trading update and sees its shares sold off 15 per cent in the weeks after the announcement. But this is exactly how the market reacted to a pre-close trading statement from IQE (IQE: 23p), the leading global supplier of advanced wafer products and wafer services to the semiconductor industry. It seems bizarre to say the least.

The company said that revenue for 2013 is likely to be at least £126m, representing an all-time high and an increase of 43 per cent compared with 2012. Strong sales growth and improved operational efficiencies are expected to deliver cash profits of at least £24.5m, up from £16.4m in 2012, yet another record. In turn, this bumper performance will lift adjusted EPS by a third year-on-year to 2p.

Moreover, the company’s high conversion of operating profit into cash means that net borrowings are now below £35m, down from £37.7m in June, and that was after making £8m of payments in deferred consideration in the second half of 2013 (and £14m over the course of the year) relating to previous acquisitions. The amount of deferred consideration payable is predicted to fall from now on, so expect net borrowings to reduce sharply this year. ..... etc article longer, but

We have hit 22 for the third time now .The stock is due a bounce.

http://www.stockopedia.com/content/iqe-plc-now-a-strong-target-for-intel-81260/


IQE Plc - Now a strong target for Intel ?

Sunday, Feb 09 2014

IQE (LON:IQE) ........is a leading global supplier of advanced semiconductor wafer products and services to the semiconductor industry. Its products are found in many leading edge applications,including mobile handsets, wireless infrastructure,optical communications and storage,thermal imaging, medical products,high efficiency concentrator photovoltaic (CPV) solar cells.

The company has been prudently managed and in recent years has made some careful but clever acquisitions that has strengthened both the balance sheet and also its market position.The company,s most recent financial statements show that some of those decisions made a few years back are now starting to pay off even in a difficult market,and this has lead to a steady rise in revenues and earnings per share.

In 2011 it was rumoured and later confirmed that Intel Corporation were considering a buyout of IQE with offers around £500m ,at the time it would have been a bold move by Intel given IQE,s earnings and debt position in 2011.However since that time the fortunes of both companies have actually reversed with Intel struggling to fend off its competitors and maintain its earning power,and IQE on the other hand growing its key and core business at a healthy level.

In a recent interview,new Intel CEO Brian Krzanich indicated that the corporation are now focused on building its exposure in the mobile & tablet chips market,and potentially in to the new area of wearable devices.It would be astonishing if Intel were not looking at the likes of IQE again for a potential buyout,because as has been proved in the last few years,the reliance by Intel on the PC Chips market and the unwillingness of the corporations former management to follow the trend of the mobile market has cost them dearly.It could be argued that had Intel actually taken over IQE back in 2011 the corporations performance would now be looking somewhat more positive.

So in conclusion a takeover of IQE by Intel now looks compelling and makes sound business sense.

a bit like BLNX, this looks a high risk stock, but quite a good one for all that .... indeed, i've just chucked some into my SIPP

cynic ditto!

If Intel again confirm an interest in IQE you will see this motor again like before
where it went up to 60p in no time at all.Strong buy and hold this imvho.

Remember this ?

http://www.eetimes.com/document.asp?doc_id=1258351

I would have thought that this bid speculation eould have produced an upward price move.

chess look at the trades MM's playing games.

That's another odd thing about IQE. With most other stocks , bid speculation , especially with a prospective price 4 times !!! the current one would cause most shares to rocket. So, why not here ?