Batm Advanced Communicat... Share Discussion Threads

[kooba] 25/8/2022 17:00

Some small buying before the close and in auction making for a generous close well above intraday lows.

[ll cool j] 25/8/2022 15:18

It is definitively moving into value territory.

Sometimes the market just over reacts and provides these opportunities.

[oakville] 25/8/2022 15:15

Really starting to work out my next purchase to average down further. Is 24p on the cards?

[kooba] 25/8/2022 14:08

Short term they are busted..I'm taking view to year end and i believe they will be nearer 50p than 30p. Very short term there is no confidence and although the company made zero comment on share price performance I would imagine that they are under pressure to focus on delivering value events that will resonate with the market.

[landskermichael] 25/8/2022 13:57

If this finishes down again tomorrow that's a bad sign and barring some positive news or some kind of buyback however limited I just can't see what's going to stop this sliding into the teens , I expect it to finish up tomorrow

[kooba] 25/8/2022 12:22

YesterdayLooking ahead, the Group entered the second half with sustained momentum and a significant backlog to be delivered against.....Accordingly, the Board of BATM remains confident in the prospects of the business and looks forward to delivering shareholder value."

[kooba] 25/8/2022 12:16

Last time the price was this low was over 4 years ago.Interims from august 2018...cut and paste!"As a result, we entered the second half of 2018 with a strong backlog of orders due to be delivered by year-end. In addition, we expect the momentum of activity across our divisions to increase throughout the year. Consequently, the Board remains confident of achieving sustained growth and delivering shareholder value."https://www.batm.com/media/1272/batm-interim-results-2018-280818.pdf

[car1pet] 25/8/2022 11:10

Landersmichael on the webinar at the beginning they said you can submit questions via the chat facility. But strangely the chat line was disabled. After the presentation they said there is one question about the share buyback and the answer was it is one of many options to improve shareholder value. Once they answered that question they said there are no more questions and the webinar ended. The chat line was disabled when i logged in so i don't believe it was possible for any questions to be asked and the buyback was a prepared answer which said nothing.
This board of directors is a disgrace. Scared to answer any questions about their gross incompetence. I can't understand why LO who is the majority shareholder with 27% is not getting involved. They must have lost a lot of money on paper

[kemche] 25/8/2022 10:45

Bloody Passover. Grrrr!

[mcmather] 25/8/2022 10:27

Aye. No prior notice of the results, no prior notice of the investor presentation and then no questions able to be asked; even harry maguire fronts up better than that.

[kooba] 25/8/2022 10:08

Down 66% ytd ...if these results are solid then the messaging is dire!

[landskermichael] 25/8/2022 09:03

Batm isn't going to be on the radar of many , its not new investors that's going to get the share price back up its existing shareholders buying more , but that won't start until they feel the bottom has been reached

[kooba] 25/8/2022 08:37

The wording was around value not supporting share price..though one would hope share price should follow value. Having said that Zvi thinks the results were solid the market clearly does not. Only brief comment on buy back was at best vague and promises nothing on recommencing market purchases. "BATM has established solid foundations in core technologies that it believes will be market disrupters. The Board of BATM remains confident in the prospects of the business and is working hard to demonstrate the substantial value that exists within BATM. As part of this process, the Board has committed to constantly examine the use of Group resources, including share buy-backs, and looks forward to delivering shareholder value."

[kooba] 25/8/2022 08:32

https://www.batm.com/media/1525/batm-h1-2022-results-presentation.pdf

[landskermichael] 25/8/2022 08:25

When they said yesterday , I think someone said , that a buyback is one of a few options they have to support the share price I wonder what they meant

[kooba] 25/8/2022 07:14

Not the headlines that BATM would want but unfortunately the headline numbers underline the take.https://www.morningstar.co.uk/uk/news/AN_1661327613055551100/batm-advanced-interim-profit-sharply-drops-due-to-covid-decline.aspx

[echoridge] 24/8/2022 21:31

the 5.5m could very possibly have been the excess from the TA-125 rebalance back on the 9th, converted into the UK shares. If so, that's a major overhang taken out. However, the buyer was almost certainly not the Company, but likely (almost) as safe a pair of hands.

[kooba] 24/8/2022 18:51

For who..the buy back ?Must say if they moved in aggressively on buyback now it would certainly look like they were punting against their own shareholders..but if they are buying it would send a positive message and they would have 35m more to buy!

[landskermichael] 24/8/2022 18:25

Is it possible shore could have bought that 5 million

[kooba] 24/8/2022 18:09

A camel not a unicorn...think shareholders would like a $1b valuation and decide from there to be fair..but many certainly have the hump right now.https://www.proactiveinvestors.co.uk/companies/news/990889/batm-advanced-communications-says-cyber-and-networking-were-first-half-highlights-990889.html

[the crypt] 24/8/2022 18:04

Dream on yer blooming cupcake nutter

[nellyb] 24/8/2022 17:45

I wonder who bought 5.5M shares.