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

A complete re rating is what is required, but still a point up is better than a point down !

Reaction is what we have grown to expect but I remain an optimist.

QE plc : IQE to participate in €23m project to establish advanced VCSEL high volume supply chain

Cardiff, UK. 13 May 2014: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced semiconductor wafer products and services, has joined a new consortium to establish a pan-European supply chain capability for the high volume production of vertical cavity surface emitting lasers (VCSELs) for infrared illumination, data communications, gesture recognition and industrial heating applications.

The aim of the programme is to establish a European based production capability to bring VCSEL manufacturing to a level comparable to LED and CMOS manufacturing. By bringing together existing high volume production facilities at IQE, along with key end users, the consortium will deliver an end-to-end production supply chain offering significant reduction in the cost-per-function for VCSEL devices by reducing GaAs processing costs whilst increasing device performance.

VCSELs are key enabling technologies for a wide range of applications where demand is proliferating rapidly as this advanced laser becomes 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, using 'time of flight (ToF)' technology, driving next wave of handset innovation for must have new phones
Production line heating automation: significant operating efficiencies can be achieved using VCSEL technology with applications requiring tens of millions of devices
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)
Ultra-High Density magnetic Storage using Heat Assisted Magnetic Recording (HAMR)
Illumination for IR cameras for security, safety, night vision
Other industrial heating applications including paint curing and commercial print shops
Cosmetics and healthcare including hair removal, antiwrinkle, blemish reduction
IQE has already demonstrated significant advances in VCSEL technology including an established 100mm VCSEL process which has been enhanced by the recent launch of its new 150mm VCSEL wafer products for high volume applications, announced in March 2014.

The Euro 23million VCSEL Pilot Line for IR Illumination, Datacom and Power Applications (VIDaP) programme, whose partners include IQE, Philips, STMicroelectronics, Sick and Sidel, will receive funding under the European Commission's ENIAC program with IQE receiving significant support from the Welsh Government.

A key impact of the project will be for Europe to secure a leading global position in this vital and rapidly growing segment of photonics.

Dr Drew Nelson, IQE CEO, said:

"As the global leader in compound semiconductor wafer products, IQE is delighted to take part in the programme to establish a high volume end to end European production capability for this key enabling technology that will have a major impact on so many areas of our lives over the coming years and decades.

By working with key European partners to establish full pilot manufacturing capabilities for high volume production, we will bring the same principles and economies of scale that apply to LED and CMOS processes, to photonics applications employing VCSELs.

IQE has built a powerful technology platform for VCSELs, and recent announcements on our new 150mm process coupled with achievements such as record low power consumption and record high speed data transmission rates are testament to the strength that IQE will bring to this consortium.

IQE offers a strong track record in the manufacture of compound semiconductor wafers and laser devices and the consortium also includes a number of end customers who have and will expand the design of VCSELs into their existing and new families of products. The consortium represents product commercialization across a diverse range of applications of VCSELs, demonstrating the great versatility of the technology."

Bought some at 21.45p, there is signs of bouncing at this level for the last few days and today there was some larger buying trades.

spread 21.25 / 21.50p
the depth was 32 v 26 with a bit stronger on size at bid price

this one's been about as dull as QPP so i hope you're right :-)

HEY, you leave qpp alone!

indeed - after all, everyone else has!

Not according to buy/sells...... just treading water.........before it drowns...... I know

Bought another lot at 21.25p

currently only 2.8k left at offer price 21.25p of the 10K starting trade

Signs of wanting to turn looking at the 5 days chart

UT @ 22.75p

Has been holding low and last Friday was the first time closing higher than during trading hours, the same happen today. Indicators were at underbought and MACD went Bullish yesterday on crossing up "0"

IQE plc : IQE wins new multi million pound volume manufacturing agreement for photonic products

Cardiff, UK. 25 June 2014: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced semiconductor wafer products and services, has entered into a new multi-year volume manufacturing agreement expected to be worth in excess of £1m a year for epitaxial wafers for use in optical communications applications.

The new supply agreement is with an existing key strategic customer that already has a significant presence in the Asia Pacific region and includes the rapidly growing market for photonics in China. The new contract increases IQE's share with a guaranteed minimum of 80% of the customer's business, which is expected to be worth more than £1m in additional annual revenues to IQE's photonics business unit.

23.25p +0.50p

the order book gets stronger by the minute as buyers are now showing some interest as the side ways movement is over
-----------------------
Simon Gibson - Non - executive of IQE

everyone can learn from this video
https://www.youtube.com/watch?v=MutHK0p-71s

Cardiff, UK - 11 July 2014: IQE plc (AIM: IQE), the leading global
supplier of advanced semiconductor wafer products and services to the
semiconductor industry, will issue a trading update for the half year
ended 30 June 2014, on Tuesday, 22 July 2014.

Drew Nelson, Chief Executive Officer and Phil Rasmussen, Finance
Director, will hold a conference call with analysts at 09.00am on
Tuesday 22 July.

Trading Update

Financial Highlights

EBITDA of approximately £11m, up 5% on H1 2013 (£10.5m);
First-half revenues of approximately £52m, down 17% on H1 2013 (£63m);
Revenues impacted by both wireless destocking and strength of sterling
Net debt of less than £36m (H1 2013: £37.5m);
Reorganisation and restructuring cash costs of approximately £3.0m in H1 2014;
Wireless demand recovered during Q2 from customer destocking;
Photonics expected to deliver revenue growth of approximately 20% against H1 2013;
Group remains on track to achieve full year expectations

N+1 Singer Buy 20.25 23.00 28.00 28.00 Retains

Finncap Buy 20.25 23.00 - - Retains

Canaccord Genuity Buy 20.38 23.00 35.00 35.00 Reiterates

Time to take a punt on this one again, buying price is 16.725p at the moment

there are a few reasons apart from being well undervalued EPS of 2.20p gives a PE of 6

narrow spread 16.50 / 16.75p
order book changing for the better 247K on the bid side for only 15K at offer

Since yesterday the buyers are back, but this morning went further down with the market
the support at 18p was broken a couple days ago, the low of a couple years chart is 15p but the company has grown since.

Already on the move up at both sides 16.75 / 17p

L2 shows the books as very evenly balanced, with bid just shading
volume low

re - L2 shows the books as very evenly balanced

Although the order book is level, on me saying is turning is because is turning.

The reason is yesterday was 22 trades v 40 at one time for now being match at around 24 each side

also the spread of prices on the bid side is now 16.50p the highest for 15.25p the lowest = 1.25p spread

on the offer is 17p worse price to 22.50p the best = spread 5.25p

that gives an idea of the turning from recent days