Group 1 - Avino Silver (ASM) is currently ranked 13 in the Zacks Sector Rank among 235 companies in the Basic Materials group [2] - The Zacks Rank for Avino Silver is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The consensus estimate for ASM's full-year earnings has increased by 12.5% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - Year-to-date, Avino Silver has returned approximately 109.9%, significantly outperforming the average return of -4.3% for Basic Materials companies [4] - Avino Silver belongs to the Mining - Silver industry, which is ranked 48 in the Zacks Industry Rank, with an average gain of 27.4% this year [6] - Another outperforming stock in the Basic Materials sector is Triple Flag Precious Metals (TFPM), which has returned 21.5% year-to-date and has a Zacks Rank of 2 (Buy) [5][6]

Group 1 - Avino Silver reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, representing a 100% earnings surprise compared to $0.01 per share a year ago [1] - The company posted revenues of $14.62 million for the quarter ended September 2024, which was 1.24% below the Zacks Consensus Estimate, but an increase from $12.32 million year-over-year [2] - Avino Silver has surpassed consensus EPS estimates in all four of the last quarters and has topped consensus revenue estimates three times during the same period [2] Group 2 - The stock has gained approximately 104.2% since the beginning of the year, significantly outperforming the S&P 500's gain of 25.8% [3] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $16.4 million, and for the current fiscal year, it is $0.05 on revenues of $60.15 million [7] - The Mining - Silver industry is currently ranked in the top 9% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]

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]