Core Insights - The article highlights the investment strategies and achievements of Paul Franke, a seasoned investor with 38 years of trading experience, emphasizing his contrarian stock selection style and algorithmic analysis [1] Investment Strategy - Paul Franke developed a system called "Victory Formation," which focuses on identifying supply/demand imbalances through specific stock price and volume movements [1] - The strategy recommends using 10% or 20% stop-loss levels on individual stock choices and suggests a diversified portfolio of at least 50 well-positioned stocks to achieve consistent market outperformance [1] Focus Areas - The "Bottom Fishing Club" articles target deep-value stocks or those showing significant positive technical momentum reversals [1] - The "Volume Breakout Report" articles discuss stocks that exhibit positive trend changes supported by strong price and volume trading activity [1]

The latest trading session saw Avino Silver (ASM) ending at $1.19, denoting a -0.83% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.23% for the day. On the other hand, the Dow registered a gain of 1.02%, and the technology-centric Nasdaq increased by 1.43%.The company's stock has climbed by 4.35% in the past month, exceeding the Basic Materials sector's loss of 2.85% and the S&P 500's loss of 0.54%.The upcoming earnings release of Avino Silver will be ...

Following my coverage on ASM International ( OTCQX:ASMIY ) in Jul'24, in which I recommended a buy rating due to my expectation that the business will continue to experience strong order growth, this post is to provide an update on myI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a pr ...

Hello readers! Passionate about technology, my focus will be on finding and analyzing companies that can play a relevant role in today's geopolitics, leverage their IP, and eventually, with time, become new leaders. Therefore, the investment style will correspond to growth companies with a bias on the mid-cap segment. The main sectors under study will be biotechnologies, computer chips, cloud technology, energy, and commodities. Special attention will be given to risks surrounding business cases, with a top ...

Core Insights - ASM International reported strong Q3 2024 results, with new orders reaching €815 million, a 30% increase year-over-year at constant currencies, driven by demand for gate-all-around (GAA) and high-bandwidth memory (HBM) technologies [2][3] - Revenue for Q3 2024 was €779 million, reflecting a 26% increase at constant currencies, which is at the upper end of the guidance range of €740-780 million [2][3] - The adjusted operating result margin improved to 28.2%, up from 25.3% in Q3 2023, primarily due to higher revenue and a one-off positive result from the sale of a building [2][3] Financial Highlights - New orders in Q3 2024: €815 million, up 30% year-over-year [2][3] - Revenue in Q3 2024: €779 million, up 26% year-over-year [2][3] - Adjusted gross profit margin: 49.4% in Q3 2024, compared to 48.1% in Q3 2023 [2][3] - Operating result: €215.2 million in Q3 2024, with an operating result margin of 27.6% [2][3] - Net earnings: €127.9 million in Q3 2024, slightly down from €129.6 million in Q3 2023 [2][3] Market Dynamics - AI continues to be the primary driver of demand in the semiconductor market, particularly for advanced devices in logic/foundry and HBM DRAM [3][4] - Sales and orders in China performed better than expected in Q3, although a decline is anticipated in the second half of 2024 [4] - The company expects a substantial increase in GAA-related sales in 2025, despite recent capex reductions impacting advanced logic/foundry spending [4][5] Outlook - Q4 2024 revenue is projected to be between €770-810 million, with a year-on-year increase of approximately 10% expected for FY 2024 [5] - For 2025, revenue is anticipated to be in the range of €3.2-3.6 billion, driven by GAA-related sales [5] - Order intake for Q4 is expected to be solid but lower than Q3, with GAA-related orders anticipated to increase [5] Share Buyback Program - ASM completed a share buyback program of up to €150 million, repurchasing 228,389 shares at an average price of €656.77 [6]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Group 1 - ASM International N.V. has a 25% shareholding in ASMPT, which has received a non-binding approach for potential privatization from an independent third party [1] - Discussions regarding the potential privatization of ASMPT are in early stages, and no agreement has been reached with the potential offeror [1] - There is no certainty that the preliminary non-binding approach will lead to a formal offer for ASMPT shares [1] Group 2 - ASM International is headquartered in Almere, the Netherlands, and specializes in designing and manufacturing equipment for semiconductor device production [2] - The company's common stock is traded on the Euronext Amsterdam Stock Exchange under the symbol ASM [2]

Almere, the Netherlands October 9, 2024 ASM International N.V. (Euronext Amsterdam: ASM) will report its third quarter 2024 financial results at approximately 6:00 p.m. CET on Tuesday, October 29, 2024. ASM will host the quarterly earnings conference call and webcast on Wednesday, October 30, 2024, at 3:00 p.m. CET. Conference-call participants should pre-register using this link to receive the dial-in numbers, passcode and a personal PIN, which are required to access the conference call. A simultaneous aud ...

Core Insights - ASM International N.V. has introduced the PE2O8 silicon carbide epitaxy system, which features a dual chamber design aimed at enhancing throughput and reducing ownership costs while maintaining high process uniformity and low defectivity [1][2][3] Company Developments - The PE2O8 system is designed to meet the growing demand for silicon carbide (SiC) in high-power applications, particularly as manufacturers transition from 6" to 8" SiC substrates [2][3] - ASM has been refining its single wafer SiC epitaxy system since 2022, responding to the increased demand for electric vehicles and improved SiC wafer and device yield [3] Industry Trends - The electrification trend is driving power device manufacturers to adopt SiC for applications such as electric vehicles, green power, and advanced data centers, leading to a shift towards larger SiC substrates [2] - The equipment market for SiC epitaxy has seen substantial growth in recent years due to the structural demand for electric vehicles and the need for higher power devices [3]

Avino Silver & Gold Mines Ltd. (ASM) reported earnings per share of 3 cents for second-quarter 2024, which beat the Zacks Consensus Estimate of 2 cents.  ASM had reported break-even earnings in the second quarter of 2023. The improvement in earnings was aided by an increase in payable silver equivalent ounces sold, higher metal prices and lower mining costs. Including one-time items, the company reported earnings per share of 1 cent, in-line with the year-ago quarter.Avino Silver’s revenues surged 60% year ...