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

Another good move up today, as positive news come along 24.125p, was much higher earlier

IQE delivers first 150mm (6") VCSEL epiwafers for high volume, low cost applications

Cardiff, UK. 19 March 2014: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced semiconductor wafer products and services, announces it has delivered the world's first 150mm (6") Vertical Cavity Surface Emitting Laser (VCSEL) epi wafer process for high volume, low cost applications.

Markets for VCSELs are proliferating rapidly as this advanced laser is becoming the device of choice for many high volume applications including:

· Gesture recognition, for gaming and non-contact navigation (e.g TV, smartphone, tablet)
· Depth imaging for 3D vision , driving next wave of handset innovation for must have new phones
· Low energy optical storage and fast switching in high capacity data centres, servers and ultra-high speed computing
· High speed datacomms, including Active Optical Cables (AOC)
· UltraHigh Density magnetic Storage using Heat Assisted Magnetic Recording (HAMR)
· Illumination for IR cameras for security, safety, night vision
· Industrial heating including paint curing and commercial print shops
· Cosmetics and healthcare including hair removal, antiwrinkle, blemish reduction

A number of these applications require multi-element array configurations which use greater surface areas and therefore more epiwafer material. They also offer higher optical power output compared with discrete devices.

Many of these markets are price elastic, and by moving to 150mm wafer sizes, compatible with existing well established, state of the art 150mm RF GaAs wafer processing lines, high performance VCSELs can be manufactured in large volume using fabrication and testing techniques similar to that of LEDs.

This combination will provide a high volume manufacturing technology and capability to help drive down the cost of VCSEL based photonics products for deployment in mass market, consumer applications.

The significantly improved cost structure will allow designers to utilise the unique operational and performance advantages of laser devices to further develop advanced sensing applications which are expected to drive the next wave of innovation in consumer products such as cell phones, tablets and other handheld devices.

Initial engineering evaluation and product qualification wafers have already been delivered and initial performances have replicated those of existing smaller wafer sizes. Production is expected to ramp over the coming year.

Dr Drew Nelson, IQE CEO, said:

"VCSEL enabled products such as gesture recognition and 'time of flight' sensing are expected to ramp significantly over the coming period as they become incorporated into next generation handset and mobile communication devices, as well as a myriad of other high volume applications.

"By introducing our new 150mm VCSEL epiwafer process, which is compatible with existing high volume RF GaAs chip processing lines, we are enabling a new low cost manufacturing route for high performance laser devices.

"IQE has built a powerful technology platform for VCSELs, and recent announcements on record low power consumption VCSELs for datacentres and record high speed data transmission with IBM for datacentres, servers and supercomputers are testament to the strength and depth of this platform."

Some more good news and share price appreciation ahead of results next week

Looking good for my 37p target after results. Short squeeze could send this higher

Currently back above 25p/200ma @25.25/25.50p

IQE Canaccord Genuity Buy 25.13 24.00 35.00 35.00 Reiterates

publishing its results for the year ended 31 December 2013, on Wednesday, 26 March 2014.

let's hope this rise is not set to to tumble after the news

Finishing at best of the day and with UT at 25.50p

looking good on the charting front

very true, but my comment still stands, so i'll be holding my breath (figuratively!) until after the news

Quite right ! When it comes to snake bitten stocks, IQE takes some beating.

i only bought recently at between 22+25, so unlike some of you other poor buggers, i'm ok

re - I'm ok

me too so far, in at 22.95 last month and 22.24p almost 2 weeks ago

still improving up to 25.75 / 26p on good size volume 2M

Added to short watchlist

not with a view to short i hope, you horrible little toad :-)

re - Added to short watchlist

You will have to wait till I give the sign
nasty people around, still stalking for what I see

"I have told mummy and she is watching you"

stop being naughty panto!
shortie is actually very good indeed at picking when to short, not that he always gets it right of course

The equity of wishful thinking....

So the paper trader Panto also stalkes this thread...

Try reading his posts in the voice of Gollum to add another dimension..

cynic

re - shortie is actually very good indeed at picking when to short, not that he always gets it right of course


Are you talking the p!ss from someone?
it looks like

When to short?
I know the answer