Batm Advanced Communicat... Share Discussion Threads

[echoridge] 20/3/2022 11:35

A bit more on Friday's extraordinary trading is needed I think. First off, there is likely some double-counting, but most of the big trades recorded seem genuine. And there was some very, very big trades, including one for over 12m shares. All were done at 51.4p, which unsurprisingly, is where we closed. What's interesting, aside from the obvious fact that this huge volume occurred the day BEFORE the index rebalance on Monday, is that both the 'supply' and the 'demand' for shares far exceeded expectations. The supply side would obviously suggest that there was more index money in this share than we thought. That's not too shocking though I was pretty certain that 10m left to sell was pretty conservative. Regardless, what's far more surprising, and bullish, was the imputed demand size for the shares. Unless there were other, smaller hedge funds short the stock into the rebalance who did not breach the -0.5% reporting limit and were thereby unknown, then there was clearly a LOT more buying on Friday than just from Enismore and Millennium, who together were short 'only' around 6m shares (and that assumes that those 2 funds managed to cover their entire outstanding short position). And for what its worth, as it was the first day of the potential buyback and they were clearly geared up to trade on Monday, I don't believe the Company was a material part of the buying balance, if they did any at all. That would mean some pretty significant institutional demand (of course that could well have included LO once again) on Friday. I would conclude by suggesting this backdrop sets us up VERY well for further gains next week (especially if I'm right that the Company was not present in the market yet on Friday and/or the 2 hedge funds for some reason did not manage to cover their entire shorts yet), but you can see the effects already in the Israeli trade as the shares there are currently hitting the day's high of ILS230, an equivalent of 53p, on decent volume.

[wizzkid211] 20/3/2022 10:11

Good start on TASE this am. up 7.35%

[james dean] 20/3/2022 08:57

Thanks reeltime

[reeltime] 20/3/2022 08:25

"By bringing together BATM's software with NEXCOM's hardware, customers can benefit from simpler and streamlined deployment, management and orchestration of networked devices and applications, whilst being cost effective. Purchasers of the NEXCOM appliance will contract directly with BATM if they choose to use Edgility".

[unctuous] 19/3/2022 10:21

Nelly: scared out, certainly but not forced out. Small pi’s could only have been forced out if they were trading on margin and got margin-called. Which, IMHO, small pi’s should not be doing.

[the crypt] 19/3/2022 09:41

Expect good things from now on - with the short folk out and the long chappies in - it will find its way back to where it should be

[nellyb] 19/3/2022 08:34

owenski, yes covid stocks did do well during the P, so i suppose you do have a point.

[nellyb] 19/3/2022 08:30

unctuous - i still think that the short selling was the MAIN driver for the share-price demise, consequently some small pi's who had bought at lets say £1, got scared out on the way down to the 45p level.

[owenski] 19/3/2022 08:28

I wouldn't have bought at 140, in my view that rise was on the back of a Covid spike, everything and anything that mentioned some Covid offering in their results blurb got the same boost.

But it's a decent enough business with good growth prospects underway and now on offer at 50p

Doesn't matter who or what is shorting, the question is, has BVC become a gift?
Personally, if I was going to short this I'd have done it at 140p and not at 50p

Downside at this level looks limited in my view with good upside potential.

If they weren't making real cash then they wouldn't be splashing out on 10% of the company - bargain for them at these levels IMO.

The markets are currently pricing good news as bad news and bad news as a disaster, that wont go on forever.

[unctuous] 19/3/2022 08:06

Sorry, nelly - who was forced out and how?

[nellyb] 19/3/2022 07:47

sad that these organisations didn't appear to get a bloody nose, when exiting. money for old rope, it appears, once it was known that a company will be forced to leave a particular index. surely batm advisers would have known that? batm paid a costly price when they didn't put in place the buy-back programme a lot earlier. great if you can take advantage of the half price sale now, however not quite the same for those small pi's that were frightened out (deleted forced out), when the share price dived from £1+ to 45pennies.

[echoridge] 18/3/2022 20:49

I think we can assume that our resident shorts have been mostly or entirely covered, a day ahead of schedule

[brucie5] 18/3/2022 18:07

The Crypt18 Mar '22 - 17:01 - 19707 of 19709
0 1 0
Hello Bruce - happy to welcome you on board - your welcome pack is in the post!
-------------------------------------------------------------------------------
The Crypt, thanks. I believe I remember you here from many years ago! I look forward to the 'Welcome pack', in lieu of which a rising share price will do nicely!

[rawdeal1] 18/3/2022 17:29

Nearly 16 mil shares traded, and a 0.7p move to the north .... ? I'd like to have insight on the comings & goings of that one !!

[cumnor] 18/3/2022 17:04

Looking forward to the buyback beginning next week and hopefully a slow rerating in the share price

[the crypt] 18/3/2022 17:01

Hello Bruce - happy to welcome you on board - your welcome pack is in the post!

[fse] 18/3/2022 16:07

One last post on a very busy session
New Covid variants are back in the news again and the need for rapid "informative" tests are in demand again ...

[brucie5] 18/3/2022 15:35

Been watching this for some time and thought it oversold. Back to 2019 levels. So taken a position on today's news. Could go back to about 77p without even breaking the 200ma bear channel, which started in 2020. I look forward to seeing some figures. Hope I haven't jumped back in too early.
Thanks for your coverage FSE - been doing an intensive scroll though!
I still hold some certificates from Y2K...

[fse] 18/3/2022 15:11

There is a very great deal to digest with this announcement.
Nexcom themselves have only just released this particular product for sale.
It gives us an idea of time frames involved. It would indicate that Telco solutions are very much ahead of the game.
Heres the Nexcom announcement from June last year.
Companies like Nexcom have been in the process of adopting NFV heirachy now its becoming a standard.
The pandemic put a damper on deployments so expect some frantic catch up action.

NEXCOM Introduces All-inclusive 5G uCPE Solution
NEWS PROVIDED BY
NEXCOM
Jun 28, 2021, 22:00 ET
SHARE THIS ARTICLE

TAIPEI, June 28, 2021 /PRNewswire/ -- NEXCOM, a leading supplier of network appliances, proudly announces that its latest uCPE—DTA 1164W—has successfully attained results and passed tests to be deployed in both 5G Non-Standalone (NSA) and Standalone (SA) network environments. DTA 1164W is a desktop entry-level uCPE, designed ready to meet requirements of AT&T Open Compute Project (OCP) specification for customer premises equipment. Powered by Intel Atom® C3000R series CPU, with 8 LAN ports for multi-connectivity and PoE+ function, DTA 1164W also supports 5G FR1, 4G LTE, Wi-Fi 5 and 6, and features TPM and Intel® QAT for enhanced security.

Heres a link to that actual piece of kit

[fse] 18/3/2022 14:27

>rob.... days of the photonic switch and selenium/silica storage transfer theorized by Alexander Graham Bell brought to life by Telco systems unfortunately too far ahead of its time for providers to get their head around. They still have that technology.

[fse] 18/3/2022 14:15

This was not unexpected Ariel Efrati mentioned this in an earlier interview. The main driver for this initiative is largely around the ability to accommodate Intel and ARM devices in the same client network. Intel had a monopoly and thats what most UCPE devices use "but" ARM is the newer kid on the block and is the preferred option. ARM made a partnership with Telco for just this reason.
They can sell ARM solutions to provider clients running Intel systems, so they can in effect get the best of both worlds and not have to retire existing systems.
The link WIZZ posted above is from pre pandemic days highlighting the Nexcom partnership, so its really great to see this come home to roost so to speak.
Edgility (formerly NFVTime) allows the "end use" client to use just the parts they want or need, its a scalable set of solutions, and not have to pay for what they do not require.
This gives the partnership and associates a much more efficient vehicle to market and use.

The move to Edge computing, SOCS, advanced UCPE white boxes for 5G and IOT.
Its all coming together.

Telco systems achieve revenue from licensing much the same way as if you decide to use Microsoft Office on your Mac.

Telco are working with other companies in this field and I expect we will see more announcements in the near future. Revenue wise this and other tie ups will come in as a trickle with a snowballing effect as Marom explained in a recent interview.
This revenue though is on top of what Telco are already selling and they are selling hardware enabled UCPE white boxes for SOHO.

[rob1ng] 18/3/2022 11:48

Yes I bought a few more below 50p the other day ,been a holder since the 10 for 1 split ,been a bumpy ride but the didn't go bust

[echoridge] 18/3/2022 10:08

Fun fact: under Israeli rules, a single holder can go to 45% of a company before being compelled to bid for the balance (30% here).

[echoridge] 18/3/2022 10:06

But of course its open Sunday, so shareholders there will get a chance to react to the RNS prior to the index rebal on Monday

[the crypt] 18/3/2022 09:21

Yes it is closed today as it Friday