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IQE - Silicon is the future (IQE)     

Master RSI - 03 Feb 2003 11:56

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
Chart.aspx?Provider=Intra&Code=IQE&Size=


5 month MA and Indicators


Chart.aspx?Provider=EODIntra&Code=iqe&Si

skinny - 30 Oct 2014 07:06 - 977 of 1520

IQE plc : $1.1m Contract Win for Infrared Division

IQE plc

Cardiff, UK. 30 October 2014: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced semiconductor wafer products and services, has agreed a long term supply contract for its world leading infrared materials with a leading global semiconductor manufacturer.

The new order, which is worth approximately $1.1m over the next twelve months, represents the largest single purchase order for indium antimonide (InSb) products manufactured by IQE Infrared's UK substrate manufacturing business unit.

Further details of the specific customer, product and application cannot be disclosed at this time due to confidentiality designed to protect the customer's IP and retain its competitive advantage. However, InSb is the material of choice for a wide range of sensing devices employed in a growing number of consumer, defence, security, medical and industrial applications.

IQE Infrared is uniquely positioned as a global market leader in the supplier of InSb materials to the semiconductor industry, with IQE's US (Galaxy) and UK (Wafer Technology) operations offering the World's largest antimonide wafer production capacity in the industry, using multiple production tools (crystal growth pullers) providing customers with a completely secure, dual sourced supply of InSb wafers.

Dr Drew Nelson, CEO of IQE plc, commented:

"This is a significant new order for our world leading InSb products from a significant industry player with whom we have enjoyed a long relationship. The scale of the commitment is a result of IQE Infrared's industry reputation for offering a high quality, volume manufacturing capability for InSb materials.

Our investment in state-of-the-art crystal growth, wafer production and polishing capabilities enables us to fully meet the growing antimonide product demands of our customers, both in terms of volume and quality, across a full 2"-6" product range."

mentor - 31 Oct 2014 16:17 - 978 of 1520

Yesterday's contract win has given the stock a new push of live after a couple days of going side ways

good volume today with over 5M shares traded

cynic - 31 Oct 2014 17:04 - 979 of 1520

0.75p is scarcely a surge is it!

skinny - 08 Jan 2015 12:03 - 981 of 1520

IQE will issue a trading update for the full year ended 31 December 2014, on Tuesday, 20 January 2015.

skinny - 19 Jan 2015 07:03 - 982 of 1520

IQE's wireless business unit renews contract with major tier 1 customer

Cardiff, UK, 19 January 2015 - IQE plc (AIM: IQE; "IQE", the "Group") the leading manufacturer of advanced semiconductor wafer products to the global semiconductor industry, announces that it has concluded successfully the renegotiation of a long-term supply contract with an existing tier 1 customer for the supply of wafer products used in wireless applications.

The new supply contract guarantees IQE at least 75% of the customer's demand for epiwafers that are produced using its metal organic chemical vapor deposition (MOCVD) platform. It will also see an expansion in terms of additional products from its molecular beam epitaxy (MBE) platforms. This contract renewel underlines the strength of the long-term customer relationship that IQE has developed.

Supply against the new contract will be fulfilled by IQE's Wireless Business Unit from its North American facilities in Massachusetts and Pennsylvania, as well as its manufacturing site in Taiwan.

The contract, worth an estimated US$50million plus, covers epiwafer products for radio frequency (RF) applications including power amplifiers (PAs), low noise amplifiers (LNAs) and switches used in smartphones, tablets, PCs and other connected devices.

more....

skinny - 20 Jan 2015 07:02 - 983 of 1520

Pre-Close Trading Update

skinny - 20 Jan 2015 11:50 - 984 of 1520

Canaccord Genuity Buy 21.63 35.00 35.00 Reiterates

N+1 Singer Buy 21.63 25.00 25.00 Retains

skinny - 24 Feb 2015 14:45 - 985 of 1520

Notice of year end results

Cardiff, UK - 24 February 2015: IQE plc (AIM: IQE), the leading global supplier of advanced semiconductor wafer products and services to the semiconductor industry, will publish its results for the year ended 31 December 2014, on Tuesday, 24 March 2015.

skinny - 05 Mar 2015 06:52 - 986 of 1520

Looking good.

Chart.aspx?Provider=EODIntra&Code=IQE&Si

skinny - 24 Mar 2015 07:04 - 987 of 1520

Full Year Results


IQE reports solid results and positive outlook

IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced wafer products and wafer services to the semiconductor industry, announces its final results for the year ended 31 December 2014.

Financial highlights

Revenue of £112m in line with expectations, reflecting H2 revenues of £60m up 15% from H1
Adjusted* operating profit up 21% from £14.6m to £17.6m (reported operating profit £7.2m)
Adjusted* operating profit margin up 420bp from 11.5% to 15.7% (reported margin 6.4%)
Cash inflow from operations (before exceptional items) up 21% from £16.2m to £19.6m (reported £14.9m)
Adjusted* fully diluted EPS up 21% to 2.42p (reported FD EPS 0.24p)
Net debt down by £3.2m (9%) from £34.4m to £31.3m
Deferred consideration down £15.0m (42%) to £20.6m
* Adjustment to operating profit and EPS reflect non-cash charges and exceptional items as detailed in note 4


Operational highlights

Utilisation of global manufacturing facilities continues to improve - further capacity also being unlocked through higher equipment productivity
Wireless outlook robust, driven by adoption of 4G LTE for mobile devices and the continuing growth in mobile data
Customer and supplier capacity expansion programmes reflect continued confidence within the industry
Compound Semiconductor solutions continue to dominate power amplifier (PA) production
Photonics revenues grew 23% organically year on year in constant currency
Rapid adoption of VCSEL technology by Tier 1 customers helps drive 30% increase in lasers and sensors
Solid data infrastructure demand, and consumer product design-ins continue to grow
Infrared division winning significant orders, revenues up 13% year on year
Advanced Solar has commenced pilot production for field deployment, which we expect to ramp into full production through 2015/16
Gallium Nitride making strong technical progress in both RF for LTE base station deployment and in power for energy efficient switching
Significant supply agreement with MACOM Solutions

skinny - 24 Mar 2015 09:47 - 988 of 1520

Canaccord Genuity Buy 22.38 35.00 35.00 Reiterates

skinny - 09 Jul 2015 07:03 - 989 of 1520

IQE and Cardiff University establish a Joint Venture

skinny - 16 Jul 2015 10:46 - 990 of 1520

Despite the above chart (which is wrong) 12 month high today @24.25p.

skinny - 20 Jul 2015 07:04 - 991 of 1520

Trading update and Notice of Results

Expected H1 Financial Results

Revenues of £53.2m, up 2% (H1 2014: £52.0m)
Adjusted operating profit of £6.7m, up 5% (H1 2014: £6.4m)
Adjusted fully diluted EPS of 0.9p, up 5% (H1 2014: 0.86p)
Deferred consideration of £18.1m, down 42% (30 June 2014: £31.4m)
Net debt expected to be £31.1m, down 12% (30 June 2014: £35.5)
First half trading is ahead of the same period last year delivering growth in EPS and a further reduction in borrowings. The Group has performed in line with expectations and remains on track to achieve its full year expectations.

skinny - 21 Jul 2015 16:39 - 992 of 1520

Good volume and a bullish engulfing candle!

Chart.aspx?Provider=EODIntra&Code=IQE&Si

skinny - 15 Sep 2015 07:07 - 993 of 1520

Solid performance delivers growth in revenues, profits and cash flow


FINANCIAL HIGHLIGHTS

Solid financial performance in line with expectations and July trading update
2% revenue growth translated into 5% EPS growth
13% Increase in operating cash generation delivered further reduction in net debt, down 12%
Deferred consideration down 19% representing organic funding of previous acquisitions

OPERATIONAL HIGHLIGHTS

Increasing revenue diversity, with non-wireless revenues accounting for 24% of Group sales (H1 2014: 21%)
Photonics revenues up 28% y-o-y to £7.4m
Acquisition of exclusive license and option agreement with Translucent for 'cREO(TM)' technology announced separately today
Initial deployment of advanced solar wafers (CPV) for pilot systems
Stable wireless market, although some movement of expected Q2 sales into Q3 due to customer specific issue (non-epi)
Continued progress in new product development, notably in GaN technology for RF and power applications
Announced Joint Venture with Cardiff University to accelerate product development

skinny - 15 Sep 2015 07:08 - 994 of 1520

Licence and Option Agreement

IQE signs an Exclusive Licence and Option Agreement to acquire Translucent Inc.'s Unique 'cREO(TM)' Technology
Cardiff, UK. 15 September 2015: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of advanced wafer products and wafer services to the semiconductor industry, announces that it has signed an agreement with Silex Systems Limited's subsidiary, Translucent Inc. ("Translucent"), for the exclusive licence of Translucent's unique and innovative 'Rare Earth Oxide' (cREO(TM)) semiconductor technology, and taken an option to subsequently acquire the technology (the "Agreement"). Translucent's cREO(TM) technology offers a unique approach to the manufacture of a wide range of innovative Compound Semonductor on Silicon products, including gallium nitride (GaN) on silicon (Si) for the burgeoning Power switching and RF technologies markets. It is protected by a wide ranging IP portfolio consisting of 74 granted patents, and 13 additional patent applications.

more....

mentor - 01 Dec 2015 13:52 - 995 of 1520

KEEP an EYE

19.875p ( 19.75 v 20p )

Large fall recently and today a 2p drop on no much volume. There is support at around 20p. Last Interim results were good and also the CEO said so "This was a solid start to the year, in which we delivered continued improvement in our financial results and further reduced our borrowings."

Bought some @20p

Chart.aspx?Provider=EODIntra&Code=IQE&Si

mentor - 01 Dec 2015 15:17 - 996 of 1520

It seems there was a stop loss somewhere due to the sharp drop today, is recovering now as buyers are returning.

There was a seller at 20p for some time once cleared the peace is back on the order book as slowly is getting stronger on the bid side

Chart.aspx?Provider=Intra&Code=IQE&Size=
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