Core Viewpoint - ASM International N.V. announced that ASMPT, in which it holds approximately 25% of shares, has ceased discussions regarding a potential privatization [1][2]. Group 1: Company Information - ASMPT Ltd. received a preliminary non-binding approach from an independent third party regarding a possible privatization on October 14, 2024 [2]. - ASM International is headquartered in Almere, the Netherlands, and specializes in designing and manufacturing equipment and process solutions for semiconductor device production [2]. Group 2: Market Impact - The cessation of discussions regarding privatization may impact ASM International's strategic positioning and investment outlook in the semiconductor industry [1][2].

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]