Batm Advanced Communicat... Share Discussion Threads

[echoridge] 27/4/2022 17:24

Cheered me up a bit, fse.

[the crypt] 27/4/2022 17:11

And yet it continues to fall

[fse] 27/4/2022 16:36

Not that it will cheer anyone up but companies like AudioCodes AUDC who BATM have business with has also experienced some very wild price swings and collapse from highs and are now trading about half of their value.
AUDC is Israeli trading on NASDAQ.
Audio codes is not a market disruptor like Telco systems but it should be a beneficiary of the changing Telco scene. They are also a profitable company.

Added: Out of interest or lack of it. Triple Q's QQQ have an average PER of 28. BATM is currently 18
That is a very large imbalance.

[echoridge] 27/4/2022 15:51

Are you seriously trying to have this conversation?

[kooba] 27/4/2022 15:13

I'm sure people know where Moldova is , and also that Blinken doesn't run Russia and no one called exactly what the mad man Putin would do in Ukraine so second guessing his next move is bold. What people might not be so aware of is the strong commercial links Batm has there. But I'm sure you are right ..its the war and not the fact it could disrupt batm's business if things flare in Moldova that's holding back the shares.

[fse] 27/4/2022 14:04

>kooba. Messrs Austin and Blinken made it quite clear yesterday that Putin is not going cross country to Moldova. I doubt it’s had any effect on the share price most people have no idea where it is. The war though is having a negative effect for investments generally. A lot of horse trading going on again after a lull.

[kooba] 27/4/2022 13:18

How important is Moldova to the company? Seems to be some revenue centres? As well as general tech malaise..might just explain the disappointing share price?https://www.telegraph.co.uk/world-news/2022/04/26/pro-russian-region-moldova-raises-terror-threat-attacks-near/

[echoridge] 27/4/2022 05:54

yes, volume was notably elevated yesterday with several blocks going through, making me a bit more confident in my view that the Company likely to start/has started the buyback process this week. Still, nothing stopping even the biggest holder from adding down here, so we could be looking at one or 2 institutions buying just as the Company finally starts to wade in as well. After all, we've had what amounts to a results upgrade recently and we're heading into a pretty big (massive?) event for the Company next week, yet the share price has drifted. Why shouldn't multiple buyers (finally!) start to show up now?

[wizzkid211] 27/4/2022 03:54

Increased volume almost 2.5m shares traded between London and Tel Aviv

[gbenson1] 26/4/2022 16:22

Looks like the company's been on the buyback trail 300,000 @ 13:54!

[the crypt] 26/4/2022 15:43

yet it continues to fall.

[fse] 21/4/2022 17:06

Volumes are very low with less than 1% of the shares changing hands in an entire month.
The fundamentals are very strong and the company by any metric is trading at less than half of its FMV. We also have the new RCA diagnostics platform being unveiled May 1st/4th. Ador/Adaltis already have highly sophisticated solutions. Again this is at the trials stage with proof of concept established. The heavy lifting has been done and paid for and they will look for partners to roll out in quantity.

[the crypt] 21/4/2022 16:28

Yet it continues to fall.

[fse] 21/4/2022 14:44

From Twitter but very relevant today as our food sources are compromised.



Its worth mentioning that this is not a new initiative and Celitron have some interesting clients and partners.
Once again all developed and financed "in house"

[the crypt] 20/4/2022 18:59

This is a very frustrating share to hold - but I got over 3,000 of these bad boys - want to make some proper dosh

[echoridge] 20/4/2022 15:16

oh, and the Israeli line volume is elevated because some funds are doing the arbitrage as it continues to trade above where you can buy it in London, helped by a weak pound-shekel. Despite the weak-ish TASE trading, it still closed at the equivalent of just under 50p over there

[echoridge] 20/4/2022 15:05

Wizz, not sure what your point is. I mentioned the Passover holiday week because the Company's management, especially the younger key guys like the CFO, have likely taken off all or part of it, and so next week was always going to be a more likely start for the daily buyback.

[fse] 20/4/2022 14:46

I am afraid I cant explain this share price price at all or its complete lack of direction. There has been a steady positive news feed with figures and results to back them up. Volumes are extremely low and tech shares generally are out of favour with Telecom shares particularly badly hit.
Still this is really stuck and should not need a share buy back to move it. They are significantly undervalued against their peers and certainly given the disruptive technology they bring to the market.

[wizzkid211] 20/4/2022 12:55

TASE just closed down 1.7% with 338021 shares traded.

[wizzkid211] 20/4/2022 11:53

ECHO. Regardless the Passover week and only half day trading, volume on TASE have been higher than London in the last few trading days, volume on TASE now is 310k.

[echoridge] 20/4/2022 10:18

This is Passover week and a major family holiday period in Israel. Next week as per previous post is most likely for buyback to begin in earnest. Annoying but hardly the end of the world ffs. Meantime, healthcare conference is fast approaching which has massive value-creating potential. Delayed maybe, but hardly denied.

[emeraldzebra] 20/4/2022 09:34

Don't think expectations of a decent improvement are unreasonable at all -after news of the buy back - so it remains mysterious in the extreme, that there continues to be evidently so little interest from investors. Dark forces at work it seems...

[owenski] 20/4/2022 09:03

So much for the opinionated bellend who was saying this will shoot up cause the company is buying it's own shares. No one else seems to be buying - including the company. ;-)

[emeraldzebra] 20/4/2022 09:03

Such as when it shot from 50p to 150p in a few weeks.?
It has had its moments......but needs some more ASAP...