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

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

ah; thanks for the explanation :-)

My system churned this one out on wednesday as 4th placed (out of 60) on Instrinct value. It does look pretty good.

Top place was J D Sports Fashion. fundys were brilliant. Havent fully researched it yet.

Results are on the HTML thread, shows all 60. Ill bring it to top of board if you want to be arsed to read it.

At bottom takes time to turn, ( as sellers take advantage of the rise so a better offer to sell ) but now looks like that maybe finally is getting some push.

Order book has moved into a much better position on the bid side to 30 v 25

Why has the stock gone down so far.
Mind you, I expect the same question applies to quite a lot of them at the moment.

Further movement up as more trades on the order book are taken as "AT"

the bid side is getting very strong, best of the day 37 v 25 trades

spread 17 v 17.25p

Have been doing some analysis of IQE chart,it is significant that there was a break below the key 18p support line this week and this in my opinion is due to the realisation that the company have not been able to match the very optimistic forecasts by a number of analysts covering the stock in the last few years.And also it is clear that future earnings will continue to be squeezed by growing competition.

The break below the 18p key support now suggests a test of the previous support levels of 9.25p ( seen in 2009 ) is coming,if it can hold the 9.25p support level it could settle in a new trading range of 12p - 15p for the next 12 months.

A strong speculative buy at 9.25p.

so are you shorting in the meantime?

A sudden movement up this afternoon after a pause this morning

spread of 18 v 18.50p +1.25p

Are you long Master RSI?

I do not know about Master RSI

but I am in since Friday, and it seems is working to plan my buy

----------------------

Well " Maxo " it seems has a "Mini" for shall we call it ............
Max of ideas but do not look the right ones
Plenty to learn if you want to make money in this market.

can one imaging a range of 3p for a year on this stock.

.............. Brains

Cheers Master RSI, You dont have to use that pidgeon english you know. We all know who you are.

Never said he sold so making out he's bought recently at the low

Mind you, the support is 16-18 so relieved it didn't go lower, and a strong bounce is although wishful thinking is likely with positive news. The projected p/e looks insanely low too so he's not wrong there. do Blackrot know something? Won't they close their short position now having made a bundle which would force the price up quickly.

Maxi, chart analysis must be done in context, saying the sp will fall to the level it was in 2009 is immature but even the so called professionals come out with that sort of nonsense when the share is at a ridiculous low. The company has completely changed is about three times the size both in assets and revenue/profits so makes today's price even better ridiculous value for money. I am averaging down to take advantage of this value..

Came across a recent balance note

theel1tetrader / IQE - cloud-of-scepticism

robstuff

re - Never said he sold so making out he's bought recently at the low

I suspect you are talking about me

answer - I do not bother about telling all my trades, specially if I do not make a big % to make you envy. ( joke )

Just in case you do not know ( so you do not have to speculate like now ) I am mainly a trader nowdays, so I hardly hold a stock that I mainly buy on T+20 basis.

but as you are very interested I will look at what price I sold, just to make your day.

Just for you - robstuff

My records show
My last two trades on the stock

Bought on 4 June @ 21.45p on a T+20
and sold 2 July @ 23.25p on a T+3 ( I think I put it on the order book )

bought 2nd lot 5 June @ 21.25p on a T+20
and sold 2 July @ 23.05p on a T+4
--------------
I am the type of person were "My word is my bond" keep it in mind for the future

skinny

I did not ask for your autograph
Shall I say you forgot to sign it

Return to Sender , did you get it ( spammer ), You have got a bit too BIG headed lately after a late learn of HTML
learn how to post chart properly first, instead of spoiling the threads
Its quality not quantity, that is cos that word ( spammer ) comes to mind

LOL