Batm Advanced Communicat... Share Discussion Threads

[owenski] 02/10/2019 12:36

Indeed, I came to the conclusion a while back that this is a jam tomorrow company.

[car1pet] 02/10/2019 11:14

More proof of concept work. Doesn't deliver revenue and profit now. More jam tomorrow.
Price heading into 30s very disappointing. The CFO knew what he was doing when he cashed in his options. All a bit smelly.

[reeltime] 02/10/2019 09:03

Finished the JDA ahead of schedule with Arm, proof of concepts underway with several network operators.......good timing with 5G upon us, upwards and on-wards.

BATM Advanced Communications Ld BATM completes delivery under Arm agreement
02/10/2019 7:00am
UK Regulatory (RNS & others)

RNS Number : 4287O

2 October 2019

BATM Advanced Communications Limited

("BATM" or "the Group")

BATM completes delivery under Arm(R) agreement

Negotiations underway for proof-of-concept and trials with several network operators

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces the completion of delivery under its joint development agreement ("JDA") with Arm to develop the Group's NFVTime operating system to enable an ecosystem of Virtual Network Function ("VNF") services optimised to run on Arm's architecture. Negotiations are now underway with network operators to undertake proof-of-concept of the joint network function virtualisation ("NFV") solution.

The Group's NFVTime operating system is integrated with Arm technology to be used on Arm-based uCPE related SoCs (system-on-a-chip). The parties have been conducting joint marketing of the solution that enables carriers to deploy their own virtualised networks, which can also be a key element in allowing operators to leverage the benefits offered by 5G. Following the achievement by the Group of the milestones under the JDA, which had been scheduled to complete by year end, negotiations are now underway with several network operators in the US and Europe to undertake proof-of-concept, which, if successful, would be followed by field trials ahead of full deployment.

Dr Zvi Marom, Chief Executive Officer of BATM, said:

"We are delighted to have delivered the milestones under our strategic agreement with Arm and to have achieved this ahead of schedule. Our NFV ecosystem is designed to support an entirely virtualised network infrastructure, which will also be central to the implementation of 5G technologies and running applications such as to enable the Internet of Things. We are also extremely proud to have been chosen by Arm as their partner, which is testimony to the strength of our solution. With negotiations underway with network operators to conduct proof-of-concept trials, we are excited for the future prospects of this partnership and our NFV solution and believe the market opportunity is significant."

Enquiries:

BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer [phone]
Moti Nagar, Chief Financial Officer

Shore Capital
Mark Percy, Anita Ghanekar, James Thomas [phone]

Luther Pendragon
Harry Chathli, Claire Norbury, Joe Quinlan [phone]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

[hiraniha] 01/10/2019 15:58

Well I topped up again on my purchase from yesterday. Average price of 42 pence across both buys.Happy to sit this one out, with that 5G news.

[fse] 01/10/2019 14:42

Volumes are low and there is nothing going on at the moment. Foreign investors are sidelined due to the UK situation. Currency risks abound.
As emeraldzebra correctly states MM's will mark this down to find a buyer.
Unfortunate and very frustrating for but it does not take away from the story the UK yesterday announced plans to boost 5G take up. We are entering a very different age for Telcos.

[volsung] 01/10/2019 13:51

This is now trending down. Have decided to sell and move on. Good while it lasted

[emeraldzebra] 01/10/2019 13:14

Boredom? Need more news. In the absence of same, mms will generally mark price down to find a buyer as opposed to raising it to find a seller.?

[hiraniha] 01/10/2019 11:40

Any idea why this has slid over the last few weeks?Tempted to top up.

[car1pet] 26/9/2019 17:04

Price seems mired in the low 40s.

[fse] 18/9/2019 15:36

Some comment from Huawei as to when they expect meaningful revenue contribution from 5G initiatives. This timeframe is something to keep in mind when expecting the likes of BATM Telco systems to post large revenue gains at this point in time.
Huawei do indicate that rollout is accelerating and that true in the USA also where they do not want to be left behind on this one.
Telco systems are a long way along the path to very meaningful revenue contribution from this sector. Its no longer a matter of IF just when we start to see this hit the bottom line.

"Huawei Technologies expects the rollout of next-generation 5G wireless networks to start contributing to the firm's revenue from next year when China launches the service, the company's deputy chairman said on Wednesday.

The Chinese telecoms equipment giant has said that it has secured more than 50 5G commercial contracts even as it fights accusations from the United States and its allies that its networks are vehicles for Chinese espionage.

Ken Hu said that while the rollout was accelerating, especially in Asia, the company believed that it would still need to "wait for a while before 5G contributes a sizeable share to revenue".

[gbenson1] 18/9/2019 11:40

Whilst I think the CFO selling his options is detrimental to the Company/Sp, I think the shorts are keeping a lid on the Sp.

[car1pet] 18/9/2019 11:32

I agree with Cumnor and it seems "interesting" that he is the CFO so will be very familiar with the financial status of the company. If he was aware of issues which could affect the share price the company should have declared those issues publicly before he exercised his options.

[cumnor] 18/9/2019 09:52

Mr Nagar's share sale, both the amount and manner (no mention of reason-not that its required but given his position a hint could have helped allay fears) has certainly put an added damper on BVC's share price of late. Not sure what the rest of the BOD think.

[fse] 12/9/2019 22:30

Heres where we are at for the moment ....it did not change over night FWIW


BATM delivered a good performance in the first half of the year, with increased sales in the areas that we have identified as key to our future growth. We established a strong backlog, with orders from new and existing customers in both divisions, which we expect to deliver in H2 2019 resulting in significant sequential growth. Consequently, we expect to report good growth for full year 2019, in line with the Board's expectations.

"Looking further ahead, we are gaining increasing commercial traction in two key areas that we believe will secure the success of BATM for many years to come. In the Networking and Cyber division, we are making great progress with our NFV strategy that will leverage the transformation brought by 5G that is accelerating worldwide. In the Bio-Medical division, our new molecular biology innovation attracted prominent US-based investors as well as several leading research institutions. We eagerly anticipate the first NATlab instruments being installed later this year. As a result, we are well-positioned for sustained growth and the Board continues to look to the future with confidence."

[fse] 12/9/2019 22:30

deleted dbl post

[car1pet] 12/9/2019 15:28

Looks as if the CFO knew hat he was doing. Down 1.6p at the moment. He got out at 46.8 now 43.5

[fse] 11/9/2019 16:38

Individual directors selling seldom means much as there can be a myriad of unrelated issues.

[owenski] 11/9/2019 07:09

Great vote of conviction in his company, lol

[nellyb] 11/9/2019 07:08

he sold them at 46.8pence.

[car1pet] 10/9/2019 18:51

But the same RNS says the 3m shares will be admitted to the market on 17th September. not sure how he can sell shares which aren't in the market.I think it is saying that he has cashed in his options.

[nellyb] 10/9/2019 17:24

From the RNS - "On the same date, 9 September 2019, Mr. Nagar sold 3,000,000 Ordinary Shares at a price of 46.8 pence per Ordinary Share".

[car1pet] 10/9/2019 17:22

Nelly not sure why you think 3m were bought. I thought the 3m was the CFO cashes in his options. I always have concerns when a finance person cashes in options. His timing looked very good

[latifs100] 10/9/2019 12:37

9 months in from jan2019, and no breakout over 50p?

[nellyb] 10/9/2019 11:21

The flipside car1pet, the 3M shares were bought!

[car1pet] 10/9/2019 09:14

Does the CFO know something we don't? price down 1p now