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

Report: Intel kicks IQE's tires
Mark LaPedus
1/13/2011 1:02 PM EST
SAN JOSE, Calif. - Intel Corp. is mulling a plan to buy IQE Plc for 487 million pounds ($767 million), according to a report.

IQE is now firmly established as a supplier of advanced semiconductor wafers with products that cover a diverse range of applications. It supplies various processes, such HBT, BiFET, solar and others.

Last month, Intel and IQE week presented a joint paper on the development of InGaAs Quantum Well Field Effect Transistors (QWFETs) for low power logic applications. The paper detailed work carried out by scientists at Intels Technology and Manufacturing Group in Oregon and IQEs epitaxial growth facility in Bethlehem, Pennsylvania.

''The QWFET devices fabricated by Intel using epitaxial wafers produced by IQE, show improved enhancement-mode threshold voltage (VT) and significantly improved electrostatics. The results of this work demonstrate that non-planar, multi-gate device architecture is an effective way to improve the scalability of III-V QWFETs for low power logic applications,'' according to the paper.

Intel is looking at QWFET technology for its advanced nodes, it was noted

Up 3.5 so far today.- another new high

From Interactive Investor

Stock to watch: IQE
Thu, 20/01/2011 - 17:50 | Edmond Jackson

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.

How high a share rating should you engage, when economies and markets remain vulnerable to shocks and further recession?

The AIM-listed shares in IQE (IQE), a specialist microchip developer, are a case in point.

This company had a splendid 2010 and is well positioned to sustain momentum as a result of its advanced wafer products linked to fast-growing sectors, especially wireless mobile devices such as smartphones and tablet PCs. Another leg to the growth story is the fourth generation of cellular wireless, enabling comprehensive and secure mobile broadband for smartphones and laptops.

IQE's year-end update, issued 20 January, cites second-half 2010 revenues are likely to be over 17% higher, with full-year sales growth over 36% to at least 71.7 million. This distinguishes the company from most others that have improved profit by cost cutting yet now face quite a challenge to grow the top line.

I have also previously drawn attention to IQE's operational gearing which enhances the shares' attraction when the sales trend is up.

Last July, with the share price at 22p, I noted how first-half 2010 operating profit had risen nearly 180% in context of revenue up over 50%, and argued for "an attractive risk/reward profile here: market leading technology in a decent spread of new product applications and a profit growth trend firming up attractively...".

With the price now in a low-50p region, it sets the forward price-earnings multiple around 30 times, assuming the consensus city forecast (published in Company REFS) for about 6 million pre-tax profit in 2010 and 9 million in 2011.

This equates to earnings per share of about 1.2p and 1.7p respectively. However, the latest update cites the prospect of 2010 operating profit rising over 56% to at least 12.6 million, ahead of the 11.9 million consensus on this score.

Such momentum, prompting upgrades, is an encouraging sign given the scope for IQE's technology in substantial new markets. Scarcity value also contributes to the shares' premium rating.

IQE continues to support TriQuint Semiconductor in new US government contract for GaN based materials
Cardiff, UK - 27 January 2011: IQE announces that its manufacturing facility in Somerset, New Jersey will support TriQuint Semiconductor with a range of GaN based wafer products following its recent award of a US Air Force Research Laboratory (AFRL) contract.

TriQuint has been awarded the Defense Production Act Title III gallium nitride (GaN) manufacturing development contract, the overall goal of which is to increase yields, lower costs of high power, high frequency 100mm Gallium Nitride wafers and improve time-to-market cycles for defense and commercial GaN integrated circuits.

Gallium nitride is a key process technology that is leading advanced semiconductor amplifier design for high-end radio-frequency (RF) communications applications. The material system has inherent advantages over other technologies including high voltage operation, greater power density (more power per square millimeter) and efficiency. The on-going development of GaN-based devices is leading to new smaller, more efficient amplifiers aimed at reducing system size, weight and power consumption.

Mr Alex Ceruzzi, VP and General Manager of IQE's New Jersey facility commented:

"IQE is proud of its close working relationship with TriQuint Semiconductor in supplying reliable, high-quality products ranging from high volume GaAs based RF materials to emerging technologies such as 100mm GaN epitaxial wafers. We appreciate TriQuint's continued commitment in selecting IQE to support this key programme."

TriQuint is a leading global provider of innovative RF solutions and foundry services for the world's leading communications, defense and aerospace companies and has more than 25 years' experience in successfully transferring new technologies into volume manufacturing processes. The Company supplies RF innovation for consumer retail products including mobile devices, wireless LAN, triple-play CATV systems, optical network and wireless infrastructure applications

IQE manufactures a range of advanced semiconductor materials and has closely supported TriQuint with a number of products including GaN for a number of years.

The programme is expected to conclude in 2013 and is divided into three phases with specific goals and assessment criteria at each milestone. The overall aim of the new contract is to demonstrate integrated device technology that meets stringent goals in terms of performance, cost and capacity, and whilst the initial work will be designed for defense applications, it is anticipated that the technologies will eventually migrate to future generations of consumer and communications devices.
CONTACTS:

Technical/Sales: IQE RF (+1 732 271 5990)

Ivan Eliashevich
Press: IQE plc (+44 29 2083 9400)

Chris Meadows

Still on the ascendancy,up 1.75 at 57.75.
Another new high.Prospects look great

Gone long on IQE, bullish inverse head and shoulders developing on chart plus a nice fall today, plus results next tuesday the 29th. Hopefuly we'l get a positive run up to them.

IQE.....Edmond says a stock to BUY on washout days#ADVFN $IQE http://t.co/QGc9xRl

A long term winner methinks

Latest chart showing stock on loan a proxy for shorting falling dramaticaly. Look s to me like shorters getting out before the results next tuesdeay the 29th, they dont want to get caught with their trousers down......



data xplorers.

And, with these results due, I would not be surprised to see strong gains beforehand.

IQE plc
2010 Full Year Results

Strong growth across all markets triples profits

IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of
advanced wafer products and wafer services to the semiconductor industry,
publishes final results for the year ended 31 December 2010.

Financial highlights

* Revenues up 38% to 72.7m (2009: 52.7m); H2 unaudited revenues 39.6m
* Continued improvement in gross margins, up from 21.9% to 22.8%
* EBITDA up 63% to 13.1m (2009: 8.1m) reflecting high operational gearing
* Pre-tax profit triples to 6.3m, (2009: 2.1m)
* Basic EPS up 247% to 1.63p (2009: 0.47p)
* Capital expenditure of 5.0m (2009: 1.7m) on additional capacity to meet
expected continued growth in revenues
* Strong conversion of EBITDA into operating cash of 10.2m (2009: 7.7m)
* Tax credit of 1.2m due to R&D tax refunds (0.5m) and recovery of tax
losses (0.7m)
* Strengthened balance sheet following successful placing ; raising gross
proceeds of 20.8m
* Net cash of 7.0m (2009: Net debt 14.9m)


Operational highlights

* Strong revenue growth in primary markets reflects buoyant end markets and
increasing market share
* Rapid revenue growth of range of emerging optoelectronic products signals
move towards volume production
* Further strengthening of IP portfolio, including grant of nanocolumn patent
in Japan
* Galaxy Compound Semiconductors, Inc. ('Galaxy'), acquired in September
2010, has integrated well and performed very strongly

Dr Drew Nelson, IQE Chief Executive, said:

"2010 has been an outstanding year for the Group, with record revenues and
profits achieved; a clear delivery on our strategic and operational goals.

"Our core business of high speed connectivity, including wireless-related
products for all forms of mobile device communications has continued to show
very strong growth, whilst new and emerging products for consumer, energy
efficiency, industrial and defence applications are generating increased demand
across all our key markets.

"We continue to make excellent progress in the development and commercialisation
of key IP that we expect will contribute to revenues during 2011 and help to
increase our competitive advantage and leading positions in a number of high-
growth markets.

"In terms of the four technology 'megatrends' of this decade - high-speed
communications, energy efficiency, security and lifestyle - we are helping
drive these with our key enabling technologies. The Board remains confident
that IQE is well positioned to continue its strong growth in 2011 and beyond."

Contacts:

IQE plc +44 29 2083 9400

Drew Nelson

Phil Rasmussen

Chris Meadows



College Hill +44 20 7457 2020

Adrian Duffield/Kay Larsen



Espirito Santo Investment Bank +44 20 7456 9191

Richard Crawley/James Bromhead

The stock is taking a beating lately after great results. Down nearly 1/4 from high mark of 58.
I guess the directors selling a few didn't help either.
There must be a support level about here.

cp
i agree with you, great results and great statement from the CEO.seems to be great fundies.
the chart suggests that something may be "lurking" in the background that we dont know about. But only if price falls through this support level, and fails to immediately recover.
hopefully it wont, fall through it that is.
good luck and regards
jkd

A big write up in today's Shares' ( 2 full pages) accompanied by a buy reccommendation.

Thanks for that CP - regretfully the punters are so far not up for it. Very odd after so much good news. I have increased my holding.

The real problem seems to stem from a lack of understanding of what IQE really does. I thought the write up was very good though, in that it helped to spell things out in easily understandable terms.

This might help to give the stock a boost. It seems to me, that the biggest problem is a lack of understanding of what IQE is all about !

IQE plc
IQE to present at the 39th Cowen Annual Technol...

Cardiff, 25 May 2011: IQE, the leading supplier of epitaxial wafer growth
services for the wireless, optoelectronic, Solar and solid-state lighting
industries today announced that it will be presenting at the 39th Cowen Annual
Technology, Media & Telecom Conference to be held at the New York Palace Hotel,
New York, NY, on June 1, 2011.

Chief Executive Officer and Group President, Dr Drew Nelson, will be presenting
at 10:15am (ET) on Wednesday, June 1, 2011, at the New York Palace Hotel, 455
Madison Avenue, New York, NY, 10022. Dr Nelson will present an overview of IQE's
technologies, products and markets.


CONTACTS:

IQE plc (+44 29 2083 9400)
Chris Meadows

Cowen Group (+1 617 946 3869)
Brian Perry

This news should help to give the price a boost.

IQE plc
Trading Update
IQE plc

Continued strong growth in revenues and profitability

Cardiff, UK. 14 July 2011: IQE plc (AIM: IQE, "IQE" or the "Group"), the leading
global supplier of advanced semiconductor wafer products and wafer services to
the semiconductor industry, provides an interim trading update for the six
months to 30 June 2011.

The Group expects to report first-half revenues of at least 38 million and
EBITDA of at least 6 million, despite the adverse impact of foreign currency
exchange. Compared with the first half of 2010, this represents underlying
growth in US dollar revenues of over 20%, which includes approximately 1m from
the Galaxy business acquired in September 2010.

The strong organic revenue growth has been driven by both the wireless and opto
electronics markets. Wireless sales have been driven by sales of Gallium
Arsenide ("GaAs") products into wireless devices and strongly supplemented by
the rapid growth of Gallium Nitride ("GaN") sales into the radar and wireless
infrastructure markets.

Organic revenue growth in the optoelectronics market has been driven across a
range of end markets including IQE's world leading Vertical Cavity Surface
Emitting Laser ("VCSEL") technology for consumer and industrial applications,
optical communications, and solar power.

The Group continues to make good progress with its electronics division, which
is focussed on combining compound semiconductors with silicon to create the next
generation in advanced semiconductor materials for a broad range of ultra high
speed and high performance applications.

The outlook for the second half remains upbeat. The Board expects continuing
robust growth in the Group's core wireless and optoelectronics businesses, as
demand for both industrial and consumer end user devices containing IQE products
remain strong. This confidence is strengthened by the continued progress being
made in new product developments and qualifications.

Dr Drew Nelson, IQE's Chief Executive, said:

"The continued growth in demand for our wireless products and accelerated growth
for our optoelectronic wafers have enabled us to maintain our rapid growth.

"The prospects for the Group are very exciting and, with our highly geared
business model, provide the Board with considerable confidence in a continued
improvement in financial performance for the second half."

IQE expects to report its interim results on 7 September 2011.

I selected the shares earlier on at the "UPS" thread ....

Master RSI - 3 Aug'11 - 08:43 - 72 of 72 edit
UPS
IQE 28.375p ( 28.25 / 28.50p )

reasons: Well marked dow lately, buying is taking place on a stronger order book and a very small spread. The outlook remains upbeat with robust growth.

30.50 /30.75p -0.375p

the recovery from the last fall is going on, as large trades are appearing on the ticker, volume now 12M,
the last buying trade for 50K paying premium 30.90p

Any views on the scale of this recovery. The price is down nearly 50 % from highs of a few months back. Mind you, many stocks are taking a bashing at the moment.