Batm Advanced Communicat... Share Discussion Threads

[emeraldzebra] 25/2/2022 15:47

My last purchase was at 78p some time back, but have bought/sold none since as have a good few already. Hanging on for the long term with fingers tightly crossed.

[sandy789] 25/2/2022 15:39

I haven't bought any for a while but couldn't resist @51.4. So practising what I preach so to say.

[fse] 25/2/2022 15:33

I have been buying as many as my nerves could handle since Monday, as I mentioned earlier we just need to mop up the forced sellers.

[paulisi] 25/2/2022 14:57

Any shorters might be panicking now...

[sandy789] 25/2/2022 14:02

I dont think you will be disappointed

[s34icknote] 25/2/2022 13:53

Bought a few Has fallen a long way !!

[paulisi] 25/2/2022 12:51

Markets ticking up with results on Monday.

[fse] 24/2/2022 20:37

With the huge influx of cyber attacks and companies "still" maintaining inadequate security on semi open platforms .... Celare phones must be ringing off the hook.
Marom indicated in one of the recent interviews that he expected cyber to grow significantly. They then intend to sell this off whilst maintaining the critical bits they need for NVF bundling.
Looks like another opportune move especially with the introduction of network edge solutions.

[fse] 24/2/2022 17:02

From twitter. Celare Cyber Guard. This solution is available bundled with Edgility.
The advantage Edgility has IMO is its flexibility and the ability to bolt on extra features from a suite of products. Plus its seamless with Intel and ARM platforms.

[...]

might have to cut and paste this link

celarenet.com/?page_id=126

[fse] 23/2/2022 15:04

Good article from "bluerill" next door as they say. Re posted here as it sums the buy back situation well and the effect it ought to have.

......."All it means, parsnip, is that, after the company gets official permission to do the buyback from the shareholder vote in March, their agent will go in the market more or less every day as a buyer of BVC shares. The rules on such activity are quite strict as per the percentage of daily volume the Company is allowed to buy and of course the price (ie, in effect, they can't go in to buy 500k shares at 75p when the shares are trading 100k shares a day and closed the previous day at 50p). In other words, the restrictions are there so that the Company cannot be seen to unduly influence the price. Rather, the price appreciation should primarily come from other investor/traders - ie., 'the market' - now knowing the Company sees its shares as so undervalued that investing some of its free cash in them is seen as a providing a return on that cash equivalent or even better than alternative investment opportunities. Further of course, going into the market to buy shares is immediately less risky for other market participants as they can be assured that from now on, a deep-pocketed, large-scale buyer who knows BVC's prospects better than any outside investor possibly could, will every day until the 45m shares are bought, be in the market cushioning any potential selling pressure. By the end of the buyback, Parsnip, the Company will have 45m fewer shares in circulation. I haven't noticed if the Company has declared they will be 'cancelled'. If so, then BVC's valuation measurements, like most prominently its price/earnings ratio, will look commensurately better, furthering the share's attractiveness to future investors."......

Added Comment. It bears (no pun intended) mentioning that BATM on TASE is included in the various indices and will be included in additional ones as the market cap increases. This is a smaller market granted but there are US investors on TASE. Its not insignificant and UK shares do not have TASE index inclusion so you have to take the TASE index holding factor off the UK indices total which further reduces the impact. Its honestly looking like a short term minor effect but admittedly it is there and we have to mop up those shares.

[fse] 23/2/2022 14:36

Finally tracked down dividend payment from January. I paid @15% withholding tax FWIW. The share buy back is just so much tidier and it would be opportune if they can get that away whilst the share price is deflated. If you consider the company is trading at half price then the 10% buyback is like an automatic top up so arguably worth double that to investors.

[madun2000] 23/2/2022 08:20

Fill yer boots. Current anxiety provides a good opportunity to get back in. The company is obviously confident in outlook given both the trading update and 10% buyback.

These nationality issues are red herrings. Passive funds will not be big holders of such a micro cap. This is a company that will (and has) reward(ed) the active investor

[picsous] 23/2/2022 08:08

I wonder which other company is in the same boat as BATM with regards to the nationality issue and how their share price is being affected, any clues anyone?

[kooba] 23/2/2022 07:12

Positive should have buyback in place to cover any index selling ..should steady the ship.

[wizzkid211] 23/2/2022 07:06

BATM Advanced Communications Ld Notice of General Meeting
23/02/2022 7:01am
UK Regulatory (RNS & others)

Batm Advanced Communicat... (LSE:BVC)
Intraday Stock Chart

Wednesday 23 February 2022

Click Here for more Batm Advanced Communicat... Charts.
TIDMBVC

RNS Number : 4871C

BATM Advanced Communications Ld

23 February 2022

LEI: 213800FLQUB9J289RU66

23 February 2022

BATM Advanced Communications Limited

("BATM" or "the Group")

Notice of General Meeting

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, gives notice that a General Meeting (the "Meeting") of the Group is to be held at 12:00 p.m. Israel-time (10:00 a.m. UK-time) on 17 March 2022 at the Group's registered office at 4 Ha'harash Street, Nave Ne'eman Industrial Area, P.O.B. 7318, 4524075 Hod Hasharon, Israel.

The purpose of the Meeting is to seek shareholder approval for the buyback of up to 44,053,412 ordinary shares of NIS0.01 ("Ordinary Shares") in the capital of the Group (the "Buyback Programme"), representing 10% of the Group's issued share capital as at the date of this announcement. The Group has a strong balance sheet and the Buyback Programme, which would be funded from the Group's net cash, forms part of the Board's broader strategy to deliver shareholder value.

In order to enable shareholder engagement and participation for those unable to physically attend the Meeting, shareholders will be able to access the Meeting via videoconference. Please note, shareholders will not be able to vote at the Meeting via the videoconference. Shareholders attending the Meeting via videoconference are therefore strongly encouraged to submit their vote in advance the Meeting.

Further information on the Buyback Programme, and details on how to register to attend the Meeting via videoconference, can be found in the Notice of General Meeting that, along with forms of proxy and direction, has today been made available on BATM's website at: hxxps://www.batm.com/investor-relations/agm-egm/

Enquiries:

[paulisi] 22/2/2022 09:43

Very interesting article from ST.Definite buy once markets settle down - Ukraine/Russia dispute is unnerving investors.

[rawdeal1] 21/2/2022 22:36

Thanks for that sev22. However, I would be very careful with buying shares at present.
The situation in Ukraine is worrying (particularlyafter tonight's news), and I think, that trumps everything.

[fse] 21/2/2022 18:00

Edge Computing and the field that Advantech and Telco are co operating on.
The number of IOT connected devices is simply going to be staggering and the game has begun.



added link. Todays announcement is basically a taking it to the next step from January 2022 earlier news.
Bit more explanation here from Telco Systems.

[fse] 21/2/2022 17:01

>paulisi... this has baffled me for certain. We have been in a situation where there are going to be people and institutions that have to sell and while this is not a large number there has not been the momentum to lure buyers back in.
All of this has absolute SFA to do with the company. I bought a few more today not much dry powder left so to speak but I was encouraged to see the situation with Advantech had progressed. Telco have 3 or 4 other large providers like this PCCW global and Equal for example that are probably in this advanced timeline. Others in the wings.

I suppose the question is what will it take to stop the slump, get rid of the forced sellers and regain momentum in line with what is actually going on.
Usually this type of brokerage action is them trying to get a large buyer in or out but that does not appear to be the case here as we have had no published interest from threshold declarations etc.

Thats my best spin on it all but its really not my area of expertise "skullduggery" that is ! I cant imagine anyone would be riding much of a short position here any longer so best guess forced sellers .... Maybe someone has a better idea...

Added comment. A look after hours suggests someone may have closed a short at the end of the day.

[reeltime] 21/2/2022 16:46

The only 'Notifiable Short' is Ennismore Fund Management Limited with 0.5% as of 29th December 2021.

[paulisi] 21/2/2022 16:01

I'm wondering if there are still some trackers still unloading or is it just shorters?

[fse] 21/2/2022 15:43

I just bought some more of these our markets are closed here today but LSE is open so I did a telephone trade rather than online. I dont know whats going on here but the broker I used described the situation as a bit odd. No trouble buying but something here reeks of market manipulation every time they try to rally on good news something comes along and knocks them back. Volumes are higher than normal.

[wizzkid211] 21/2/2022 14:54

BATM Software=license to print money!

[fse] 21/2/2022 14:10

Ok the big keyword here with regard to the Advantech announcement is “pre installed”
It’s well past the POC stage and out there in the market as an integral part.