Independent Investment Research, The IDEA!

The IDEA!

Independent Investment Research

The Idea-Driven Equities Analyses company (the IDEA!) is an employee-owned boutique providing independent investment research and financial consultancy services with a clear focus on the Benelux countries. The company was founded in the summer of 2007 by Henk Slotboom and Maarten Verbeek, both with more than 35 years of professional experience in the financial sector. The IDEA! differentiates itself by focusing on adding value through self-initiated in-depth, idea-driven investment research, as well as by bespoke research assignments for institutional investors, hedge funds and private equity. In addition, we provide market intelligence, strategic research and – together with our business partners – consultancy services to businesses. In case you are interested in receiving more information, a sample of our products or an introductory meeting, please send a message to info@theidea.nl.

Equity Bottom-Up

ASM International N.V. develops, manufactures, markets, and services machines used to produce semiconductors.  The Company manufactures machines that process silicon wafers, and assemble and package semiconductors.  ASM operates in Europe, the United States, Japan, and elsewhere in Asia.

<ul><li>In this edition: • ASM International | strong order intake – further upward revision of FY24 net sales guidance • KPN | reiterates FY24 outlook after slightly better than expected 2Q24 • Dutch consumer confidence | a further modest drop in July</li></ul>

In this edition: • ASM International | strong order intake – further upward revision of FY24 net sales guidance • KPN | reiterates FY24 outlook after slightly better than expected 2Q24 • Dutch consumer confidence | a further modest drop in July

What's New(s) in Amsterdam - 24 July (ASM Int'l | KPN | Dutch consumer confidence)

Koninklijke KPN NV provides telecommunications services throughout the Netherlands.  The Company provides local, long distance, international, and mobile telecommunications services, voice-mail, call forwarding, ISDN Internet lines, faxing, and communications services for businesses and individuals.  KPN offers mobile telecommunications through E-Plus in Germany and BASE in Belgium.

<ul><li>In this edition: • Heineken | 1H24 lags consensus, mainly due to disappointing 2Q24 volume growth • KPN | VodafoneZiggo: continued high churn in broadband customers in 2Q24 • Philips | solid order intake – reiterates FY24 outlook • Wolters Kluwer | acquires portfolio of cloud-based fin.</li><li>workflow and data exchange solutions</li></ul>

In this edition: • Heineken | 1H24 lags consensus, mainly due to disappointing 2Q24 volume growth • KPN | VodafoneZiggo: continued high churn in broadband customers in 2Q24 • Philips | solid order intake – reiterates FY24 outlook • Wolters Kluwer | acquires portfolio of cloud-based fin.workflow and data exchange solutions

What's New(s) in Amsterdam - 29 July (Heineken | KPN | Philips | Wolters Kluwer))

BE Semiconductor Industries NV / Equity Bottom-Up

BE Semiconductor Industries N.V. produces integrated semiconductor assembly equipment.  The Company designs, develops, manufactures, markets, and services machines that manufacture semiconductor packages, which provide the connection between the chip and other electronic components and protect the chip.  BE also produces automated molding and plating machines, and manufactures leadframes.

<ul><li>In today's edition: - BE Semiconductor Industries | receives order for 26 hybrid bonding systems</li></ul>

In today's edition: - BE Semiconductor Industries | receives order for 26 hybrid bonding systems

What's News in Amsterdam - 10 May 2024 (BESI)

<ul><li>In today's edition: • KPN | Dutch households increasingly opt for fiber • Signify | appoints Zeljko Kosanovic as acting CFO</li></ul>

In today's edition: • KPN | Dutch households increasingly opt for fiber • Signify | appoints Zeljko Kosanovic as acting CFO

What's News in Amsterdam - 3 April (KPN | Signify)

<ul><li>In this edition: • ING | pulling out of retail banking in Luxembourg • Just Eat TakeAway.com | expands US collaboration with Amazon • KPN | Glaspoort plans to buy part of Delta Fiber’s network • Vopak | positive FID on REEF terminal in Canada • PostNL / IDS / InPost | Daniel Křetínský, supported by Patrik Tkáč, announces offer for IDS • TomTom | selected by Moody’s for risk management solutions</li></ul>

In this edition: • ING | pulling out of retail banking in Luxembourg • Just Eat TakeAway.com | expands US collaboration with Amazon • KPN | Glaspoort plans to buy part of Delta Fiber’s network • Vopak | positive FID on REEF terminal in Canada • PostNL / IDS / InPost | Daniel Křetínský, supported by Patrik Tkáč, announces offer for IDS • TomTom | selected by Moody’s for risk management solutions