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

New world record using IQE cells IQE looking nice and solid at present - perhaps a breakout coming soon. This is a must-read - a new world record for solar power using Solar Junction and IQE's cells. Perhaps IQE should shout about this via an RNSNON at the least?[link] claims new PV module efficiency record 20 Aug 2013Concentrated PV module hits 35.9% under new test conditions, with further improvements in the pipeline.Amonix' CPV systemsAmonix, the Californian concentrated photovoltaics (CPV) specialist, says that it has set a new world record for solar power, after the US National Renewable Energy Laboratory (NREL) measured its module efficiency at 35.9%.Based on recently adopted CPV IEC test conditions of 1000 W/m2 and 25 °C cell temperature, the efficiency data was generated under outdoor test conditions at NREL between late February and April this year.The result represents the highest ever independently rated module efficiency for any PV technology – CPV is much more efficient than conventional PV systems, but requires much more expensive cell technology - and is the first time that NREL has quantified the rating for a concentrator module with the cells at 25°C rather than their normal operating temperature.The multi-junction cells used in the high-performance module typically operate better at lower temperatures – much like laser and light-emitting diodes.“This 35.9% IEC CSTC module efficiency is a direct comparison to [conventional] PV module efficiencies, which are often reported at IEC standard test conditions,” said Vahan Garboushian, the founder and CTO at Amonix.Cell developmentThe latest result builds on Amonix’s mark of 34.9% set earlier this year, while the company recently claimed that at peak operation its modules had converted more than 36% of sunlight into electricity.Back in February, Amonix signed a co-development deal with the multi-junction cell manufacturer Solar Junction. The two companies are aiming to drive down the cost of CPV technology following a period during which conventional silicon PV modules have plummeted in price.They believe that despite that price crash, the advantages of the CPV approach in suitably hot and sunny locations where the technology excels means that it can still be competitive – and pushing cell, module and system efficiency is a critical element of that strategy.Garboushian adds that there is plenty of scope for further improvement, saying: “With the advent of higher efficiency cells from companies like Solar Junction, Amonix anticipates achieving considerably higher module efficiencies and breaking our currently standing world records in the very near future.”While researchers at Sharp in Japan now hold the world record for cell conversion efficiency at 44.4%, Solar Junction’s very best cells have demonstrated 44% performance. But perhaps more important than such “hero” results, the US company believes that it is on a development path that will deliver a median cell efficiency of 42% in production.With cell fabrication on 150 mm semiconductor substrates planned with key manufacturing partner IQE (i.e. larger wafers than are currently used), the cost of the devices should also be pushed down.“Solar Junction’s goal is to deliver the most efficient cell into the market to help drive down the cost and increasing the CPV module power output,” reports the venture-backed cell maker."

I think the stock has suffered, because of a lack of understanding by some analysts of what the company actually does.

However, the continual good news should have been better recieved - i.e. ( or more appropriately IQE ! ) a significant increase in the share price. Double, I would suggest .

IQE reports new CPV cell efficiency
RNS
RNS Number : 2149M
IQE PLC
22 August 2013


Solar Junction surpasses its previous World-Record with certified 44.1% cell efficiency on IQE's production qualified wafers.


Cardiff, UK. 22 August 2013: IQE plc (AIM: IQE; "IQE", "the Group") announces that its high-volume, production qualified material has been independently certified as achieving 44.1% cell efficiency by the National Renewable Energy Laboratory (NREL), surpassing Solar Junctions previous World Record for a standard triple junction CPV cell.


The wafers, produced using IQE's high-volume MBE tools, were processed by IQE's strategic partner Solar Junction Corporation ("Solar Junction"), a developer of high efficiency multi-junction solar energy cells for the concentrated photovoltaic (CPV) market. The standard three-junction solar cells are believed to set a new world record for production scale CPV wafer technology and demonstrate improved efficiency over Solar Junction's previous World Record reported in October 2012.


Vijit Sabnis, CEO at Solar Junction said:


"Breaking a World Record is a major achievement, but improving on our most recent record using high-volume production equipment produced in conjunction with our manufacturing partner IQE, and Solar Junction's fabrication line in Sunnyvale, CA, is dramatically more significant. This result is a testament to our close partnership with IQE, Solar Junction's dilute nitride technology and our exceptional team. We continue to be the benchmark for multi-junction solar cell production efficiency to assist our customers in driving CPV costs down."

Dr. Drew Nelson, IQE Chief Executive, said:

"Following our recent announcement of full qualification of our high volume 4" and 6" CPV technology, surpassing Solar Junction's previous cell efficiency record is a massive achievement.


"Improvements in CPV cell efficiencies translate to highly significant overall cost reduction in terms of installation and energy generation in utility scale solar farms. The fact that this has been achieved on production qualified platforms is a major milestone. Furthermore, the transfer of wafer production to IQE's manufacturing tools enables the Solar Junction team to focus on further improving efficiencies on lattice-matched, multi-junction CPV solar cells using a combination of their unique dilute nitride technology, combined with pre existing IQE IP. This will facilitate seamless technology transfer into high volume manufacture of ultra efficient CPV cells as the conversion efficiency improves further."

This might be the straw that broke the camels' back. Now through the 30 mark .

Agreed and nice to see at last.

IQE rating

IQE (LON:IQE)‘s stock had its “buy” rating reiterated by analysts at Nplus1 Brewin in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 45 ($0.70) price target on the stock. Nplus1 Brewin’s target price would indicate a potential upside of 58.17% from the stock’s previous close.

IQE (LON:IQE) opened at 30.0175 on Thursday. IQE has a 1-year low of GBX 18.00 and a 1-year high of GBX 37.85. The stock has a 50-day moving average of GBX 24.72 and a 200-day moving average of GBX 25.16.

A number of other analysts have also recently weighed in on IQE. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of IQE in a research note to investors on Thursday, August 8th. They now have a GBX 65 ($1.02) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of IQE in a research note to investors on Wednesday, July 24th. They now have a GBX 55 ($0.86) price target on the stock.

One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 45.83 ($0.72).

Good day good day. Lets hope 30p resistance has now been overcome.

Hello GF, how did you come by your moniker ? Struck it rich or a relative of Ian Flemming !

CP..........loads err money..................

By Investors Chronicle, 23 August 2013

...company will deliver a bumper set of financial results in two weeks' time that will lead to a sharp share price re-rating.- IQE's...

Next pschycological level to break is 37.5 then onwards to 50p after results IMO. Company is coming of age, has great products in development in a lucrative Mkt, will be a leader and a target

write up on Triquint who are one of IQEs larger customers

IQE supply Triquint

IQE stood at 58p in January 2011, and started falling after very good results , to as low as 18 p. The reason for the fall I reckon has to be the shorting of the stock after a very good run. Here is a post that I put up then showing the stock's potential. And, there is nothing to suggest that it might not happen again !



The gossip on the street,according to todays' Daily Telegraph, is that Intel is looking at buying IQE for 95 pence a share.
IfIntel to buy IQE for $767 million?

Posted on Thursday, January 13 2011 @ 20:58:05 CET by Thomas De Maesschalck

Word is going around that Intel is planning to buy advanced semiconductor wafer supplier IQE for �487 million (about $767 million). The chip giant reportedly wants to use IQE technology for its advanced process nodes.
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 Intel�s Technology and Manufacturing Group in Oregon and IQE�s epitaxial growth facility in Bethlehem, Pennsylvania.
Source: EE Times

There is a lot of noise about IQE at the moment, talk of a buy out, broker recommendations, and tipsters.

here is a bit more

Nice Tip Buy IQE says Steve Moore Shares in leading global supplier of advanced semiconductor wafers IQE plc (LSE:IQE) were marked 4% higher yesterday to 29.75p-30.25p, on the back of an announcement that Solar Junction Corp has, on IQE high-volume, production-qualified wafers, set a new world record of 44.1% cell efficiency (certified by the National Renewable Energy Laboratory) for production scale concentrated photovoltaic wafer technology. This is just the start. I should believe that as I own the shares and won't be selling until I have advised readers to do so first - but that won't be this side of 50p. In February of last year IQE announced a $5 million investment in Solar Junction as part of a strategic investment and exclusive wafer supply agreement with the developer of high efficiency multi-junction solar energy cells for the concentrated photovoltaic market. Today’s news follows soon after IQE’s material has been qualified for high-volume manufacturing by Solar Junction – with Solar then noting that its “key customers are highly impressed with the 2+% cell efficiency advantage over our competitor's cells, which translates to an estimated reduction in total installed CPV system cost of approximately 5%”. This is unsurprising given that, as IQE Chief Executive Dr. Drew Nelson noted: “improvements in CPV cell efficiencies translate to highly significant overall cost reduction in terms of installation and energy generation in utility scale solar farms”. The latest news is particularly pertinent as Solar Junction is now production-ready – with IQE believing that the company's superior offering “will accelerate adoption of CPV and position IQE to become the key epiwafer supplier to the global utility scale CPV solar market”. This all follows a reassuring trading update at the end of last month – which, with the shares then at 26.75p-27.25p, saw me conclude that the valuation looked to continue to fail to reflect the positive growth outlook. Even at today’s somewhat higher price, the current earnings growth projection – from 1.59p per share for the 2012 calendar year, to more than 2p this and 3.3p next - suggests that there is still good value on offer with these shares. Buy.

Simon Thompson of the not quite so respected Investors Chronicle, per some posters elsewhere.

They quote him as follows:

""In the circumstances, for the shares to be rated on a modest eight times earnings estimates for 2014 is clearly anomalous. And that's before you factor in IQE's potential to ramp up production;"

"I maintain my conservative target price of 35p, which is significantly less than Canaccord's price target of 65p. Both N+1 Singer and Peel Hunt have target prices around 45p."

ST has a large following, so this could have quite an effect. He's pretty keen on IQE and has recommended the company before.

http://ichimokutrader.com/

if you are a chartist you will like this............skinny!

showing breakout for IQE

Thanks - here is Barcharts current take

Skinny.........you can't argue with that, the tea leaves confirm it as well.

currently about to test the resistance point of 31.69