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

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

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.