ASMVY ASM PACIFIC TECH
- 37.890
- -1.180-3.02%
ASM PACIFIC TECH News
Nvidia is back with full blood! It surged more than 6% on Friday and surged 15% throughout the week. The semiconductor sector is excited again
Nvidia's cumulative increase this week was the biggest in 11 months. Although no financial report has been released yet, the performance was impressive. It was more impressive than tech giants such as Tesla and Google's parent company Alphabet, which surged after this week's earnings report was announced.
ASM PACIFIC TECH To Go Ex-Dividend On May 13th, 2024 With 0.09958 USD Dividend Per Share And 0.19917 USD Special Dividend Per Share
April 27th - $ASM PACIFIC TECH(ASMVY.US)$ is trading ex-dividend on May 13th, 2024. Shareholders of record on May 14th, 2024 will receive 0.09958 USD dividend per share and 0.19917 USD special div
Major Bank Ratings | UBS: Maintaining the ASMPT “Buy” Rating Advanced Packaging Growth Increased Visibility or Bringing Potential Upside
Glonghui, April 26 | UBS released a report stating that ASMPT's results for the first quarter of this year were in line with expectations, with revenue falling 8% quarterly to HK$3.1 billion, in line with the forecast and reaching the median forecast in the company's guidelines. Among them, semiconductor solutions (SEMI) business revenue fell 14% quarter-on-quarter, and surface-mount technology (SMT) business revenue fell 3% quarterly. Gross margin fell 0.4 percentage points to 41.9%. Earnings per share were HK43 cents, which was roughly in line with the bank's and market expectations of HK$48. The bank lowered ASMPT's earnings forecast for this year and next two years from HK$4.1 and HK$5.65 to 2.45 and
Bank Ratings | Bank of America: Raising ASMPT Target Price to HK$130 to Reiterate “Buy” Rating
Gelonghui, April 26 | Bank of America Securities released a report stating that ASMPT CEO Huang Zida provided a positive outlook on the thermocompression welding (TCB) and hybrid welding (HB) business at the first quarter earnings conference of this year, based on three major reasons, including strong growth in demand for artificial intelligence chips; expanding high-bandwidth memory (HBM) capacity using more advanced TCB; and confirming HB orders. The bank lowered ASMPT's earnings forecast per share for this year by 26% based on a reduction in traditional equipment sales forecasts, but raised next year's earnings per share by 5% due to an increase in TCB orders. The company is also expected to be in 2025 and 2026
Intraday Overview | Technology stocks continue to rise, and the Tech Index rose more than 2.5%
Xiaopeng Motors and Shunyu Optical Technology rose nearly 5%, Dongfang Selection rose more than 4%, and Shangtang, Kuaishou, and Jinshan Software rose more than 3%.
Everbright Securities: Maintaining the ASMPT (00522.HK) “gain” rating, optimistic that AI chips and HBM-driven TCB devices will accelerate shipments in 24/25
Everbright Securities released a research report stating that maintaining the ASMPT (00522.HK) “gain” rating, considering that semiconductor recovery fell short of expectations, the company's traditional packaging, SMT and other businesses were under pressure, and the 24-25 net profit forecast was lowered to HK$1,363 billion (-38%/-2% compared to the previous forecast), adding a 26-year net profit forecast of HK$3.54 billion, +90.8%/+30.9%. However, considering the company's low profit base in '23, the profit in '24 is expected to increase significantly year-on-year; actively developing the advanced packaging business, in AI chips and
Changes in Hong Kong stocks | ASMPT (00522) is now up nearly 5% TSMC CoWOS Technology welcomes breakthroughs in the long-term growth of the company's advanced packaging and increased visibility
ASMPT (00522) is now up nearly 5%. As of press release, it has risen 4.56% to HK$99.8, with a turnover of HK$77.2982 million.
ASMPT (00522.HK) Hong Kong Stock Company Information Update Report: TCB Advanced Packaging Prospects Are Optimistic, HBM Usage Is Expected to Increase Significantly
Traditional packaging is still at the starting point of recovery. Advanced AI packaging is still the main line that lasts. Maintaining the “buy” rating Although the traditional packaging business is not booming in 2024, TCB equipment shipments are expected to be significantly higher than in 2023, and TCB
Changes in Hong Kong stocks | ASMPT (00522) has fallen by more than 7%. The recovery prospects for traditional packaging businesses are becoming more cautious, and the incremental contribution of AI-related businesses is expected to increase
ASMPT (00522) fell more than 7%. At press time, it fell 7.62% to HK$94.5 million, with a turnover of HK$206 million.
Komo: Target price raised to HK$120 for ASMPT (00522.HK) “Plus” rating
According to a research report, J.P. Morgan Chase gave ASMPT (00522.HK) a “gain” rating. Due to being more cautious about the recovery prospects of the traditional packaging business, the earnings forecast per share for this year and next two years was lowered by 31% and 29%. Currently, it is expected that the traditional packaging business may not return to 2018 levels until 2026. However, Motong stressed that it has strong confidence in the company's AP business growth. It expects the incremental contribution of AI-related businesses to increase. The expected valuation has room to rise, and the target price will be raised from HK$100 to HK$120.
ASMPT (00522.HK): TCB equipment received orders from new storage customers
1Q24 results are in line with our expected 1Q24 revenue of HK$3.14 billion (US$401 million), YoY -19.9%, and QoQ -7.8%, in line with the company's previous guidelines; total new orders of $3.20 billion
ASMPT (00522.HK) gains 372,200 shares from J.P. Morgan
Glonghui, April 25 | According to the Stock Exchange's latest equity disclosure data, on April 18, 2024, ASMPT (00522.HK) obtained JPMorgan Chase & Co. increased its position by 372,200 shares at an average price of HK$103.3663 per share, involving approximately HK$384.69 million. After the increase in holdings, JPMorgan Chase & Co.'s latest number of open positions was 20.9773 million shares, and the holding ratio increased from 4.97% to 5.06%.
ASMPT GAAP EPS of HK$0.43, Revenue of HK$3.14B
Earnings Call Summary | ASMPT LTD(ASMVF.US) Q1 2024 Earnings Conference
The following is a summary of the ASMPT Limited (ASMVF) Q1 2024 Earnings Call Transcript:Financial Performance:ASMPT reported Q1 revenue of US$401.4 million, down 7.8% quarter-on-quarter.Gross margin
ASMPT (00522.HK) received 372,200 additional shares of common shares from J.P. Morgan Chase, worth approximately HK$38.4693 million
On April 24, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 24, JPMorgan Chase & Co. (JPMorgan Chase & Co.) increased its share holdings of $ASMPT (00522.HK) by an average price of HK$103.3663 per share and an average OTC share price of HK$103.0634 on April 18 by a total of HK$372,200, worth about HK$38.4693 million. After the increase in holdings, J.P. Morgan Chase's latest shareholding was 20.9773 million shares, and the good position ratio increased from 4.97% to 5.06%. Photo Source: Stock Exchange Shareholding Disclosure
ASMPT's Q1 Profit, Revenue Decline
ASMPT's (HKG:0522) attributable profit fell to HK$179.9 million, or HK$0.43 per share, in the first quarter from HK$317.9 million, or HK$0.77 per share, in the year-ago period, according to a Wednesda
A quick look at the Hong Kong market | Hong Kong stocks are attacking all over the place! The Tech Index surged nearly 4%, Kuaishou rose more than 8%, and Tencent's stock price reached HK$344
Technology stocks rose sharply. Station B rose nearly 9%, and surged 31.15% before the suspension of trading in Shangtang; domestic housing stocks rose sharply, and Agile Group rose nearly 9%.
Citibank: Target price of HK$120 for ASMPT (00522) “buy” rating
The ASMPT order shipment ratio exceeded 1 for the first time in two years, a positive sign of recovery.
Hong Kong Stock Afternoon Review | Hong Kong stocks continue to be strong! The Tech Index surged nearly 3% to record 3 consecutive gains, and Tencent reached the HK$340 intraday mark
The three major indices opened high, and the Hang Seng Index rose nearly 2% to return to the Wanqi mark; Station B rose nearly 7%, Kuaishou rose more than 6%, and Shangtang skyrocketed by 31.15% and then suspended trading.
Changes in Hong Kong stocks | Chip stocks collectively pick up in early trading, TSMC guides continued strong demand for AI, recovery in the traditional consumer electronics sector is in sight
Chip stocks picked up collectively in early trading. As of press time, ASMPT (00522) rose 6.43% to HK$101.8; Shanghai Fudan (01385) rose 4.43% to HK$9.91; SMIC (00981) rose 3.77% to HK$14.88; and Huahong Semiconductor (01347) rose 2.94% to HK$14.7.
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