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??

WINS moved down to 8.25 pence on the bid....they need more stock to fill the next million buy....its just been WINS alone on the bid during the last few days.
Next very large buy should appear.....around 9.25 pence.

Blatant treeshake on the bid to fill the next very large buy.....online bid is still at 8.66 pence which is the same as when the indicative bid was displayed at 8.50 pence.

Next large buy expected to be very big again.
The 55K seller got 8.66 on the bid and WINS are so desperate for stock that they have lowered the offer to get some peeps to sell.

Sue - why are you inventing level2 data?
It's clear that you don't actually have level2 as otherwise you would realise that EVO were on the 8.25p bid not WINS.

Once WINS took the 55k sell, they moved onto the 9.5p offer. It was EVO that was alone on the 8.25p bid(and still is).

Please don't mislead other investors...

Rgds
dell

If anyone is interested L2 at the time of this post is EVO on 8.25p bid and WINS on 9.25p offer. Other MMs all at 8/9.5

MMs really desperate for stock now...offering 8.68 pence on the bid online - best online bid price of the day.

That is a near 1/2 pence premium to the indicative bid displayed.

Sue - don't bother apologising for lying to everyone, with your invented L2.

Oh, you weren't going to!

Rgds
dell

dell, your are one very sad person, have you never heard of DYOR.

John - I'm amazed that you think lying about level2 is acceptable.

Whilst everyone on these threads has their own agenda, surely some rules of common decency apply?

I shall make a point of not believing anything you and your liar friend, Sue Helen, post from now on...

Have a nice day,

dell

Online Prices closed at 8.66-9.13 pence.....hefty premium on the bid. Next very large buy(s) not filled yet so expect it to come tomorrow morning like the 250,000 BUY this morning at 9.25 pence, 938,450 BUY at 9.25 pence, 100,000 BUY at 9.38 pence, 688,450 BUY at 9.23 pence.

At close :

Buys = 2,124,828
Sells = 247,079.

Investtech Analysis after today's close :

Weak Positive Candidate (Short term) - Oct 21, 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 support at p 7.10 and resistance at p 10.00. The volume balance is positive and strengthens the stock in the short term. RSI is overbought. The stock can still rise further, and we should see a decreasing RSI before this is used as a negative signal. 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 slightly positive for the short term.

Weak Negative Candidate (Medium term) - Oct 21, 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. This should give a negative reaction, but an upward breakthough of p 9.00 means a positive signal. Positive volume balance, i.e. high volume in days of rising prices and low volume in days of falling prices, 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 slightly negative for the medium long term.

Neutral (Long term) - Oct 21, 2004
Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. The stock has support at p 6.00 and resistance at p 22.00. Positive volume balance, i.e. high volume in days of rising prices and low volume in days of falling prices, 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.

Here's something to think about...EVO were on the bid at 8.25 pence in the afternoon after stock and paying a near premium of 0.5 pence on the indicative bid :

1. Why were EVO paying such a big premium
2. EVO are the house brokers.....do they know something good happening soon

Here's something else to think about.

Sue Helen blatently invented false level2 data, yesterday.

How do we know that anything else she posts isn't a blatent lie or subtly edited to mislead us?

Rgds
dell

Take your point dell and i am sure it is has been noted by anybody interested in this thread. Thanks for highlighting that. I also thank suehelen for the other (apart from level2)information that has been left.

My own point of view is this is a company that has been in doldrums for few years now. They have not had full employment in the company, investment has not been what it should have been, sales have been poor, hence the results the last 3 years, and the high pound has also impacted on the results.

BUT these problems are gradually being sorted out and this is a company on the recovery (look at last set of results), how quick and how soon nobody knows. Some companies have reported low sales of electronic circuit based items some have reported good growth. I do not expect to see a massive increase in the results but a gradual increase as more good news comes out. NB you must keep an eye on the $/ exchange rate. ALWAYS do your own research.

Thanks Kivver for this, I am glad to read any update on IQE and any good points for holding. I need them to at least double to get my money back SueHelen's input useful but I think she is short term not long term like myself.

Online bid price increased to 8.71 pence (hefty premium to the indicative bid of 8.25 pence) from 8.68 pence despite nearly all sells reported today. Very apparent that another very, very large buy is being filled in the background at 9.25 pence.

At close :

Buys = 10,000
Sells = 221,632.

Dell what are your opinions on IQE short term? You seem to be knocking information and I would like to hear your opininon

This company has got joint funding from the government for research into nanotechnology,an estimated trillion dollar market within the next decade. perhaps this is were this company`s future lyes

Another blatant treeshake on the bid price :
Online bid droped to 8.00 pence to discourage buying whilst the very large buy still gets filled in the background at 9.25 pence.

To back that assumption, online bid remains at 8.71 pence, a very heft premium of 0.71 pence to the indicative bid of 8.00 pence. The market makers are paying a very big premium for stock.