Batm Advanced Communicat... Share Discussion Threads

[echoridge] 06/1/2023 08:28

so here's my thinking so far: we're in a bear market now and this all started in a bull market, but with that caveat, I've been told by 'someone' who should know that BT's thinking on damages/value to N when all this started was '2/1/1', or 2b for NA, and 1 each for europe and Asia. so if we take a big haircut on that of say, 60%, then i'm working off the assumption that he was/is looking for total value in the range of 1.5b to nano all in. That of course could be too high, but then the difficulty is how it would be 'split' between a cash damages award and a commercial arrangement. On the former, I think the number would have to be in the 100-200m range as N certainly owes the litigation funder costs+ plus some kind of success fee (i have heard in the past that that number is capped at a Lower level than the bears think. 75m if memory serves?) and then of course some kind of royalty arrangement going forward, but that then has several possibilities as well of course, caused by whether that arrangement will be exclusive or N will be able to negotiate biz with 3rd parties. lots of work to do....

[kooba] 06/1/2023 07:48

Echo..off topic. On Nanoco what d'ya think. Removes downside of a court loss and means any settlement will not drag. It seems a comprehensive no fault deal..but where do yo think it might value the company?My initial thoughts are Nanoco were in a very strong position for Samsung to have settled and to dictate terms to an extent..however i think some numbers bandied about previously might be too high ..$300m would be about $1 a share pre litigation cost..I'm thinking all in all could be worth 70-80p a share plus existing business at say 15-20p but really just finger in the air stuff.

[resistance1] 05/1/2023 18:25

Late reported trade 1m shares @ 30p 8.05 am

[wizzkid211] 05/1/2023 16:23

takeaway: It’s never too soon to start planning for tomorrow’s infrastructure needs4eHY

[echoridge] 05/1/2023 16:17

I appreciate its hardly a medical testing share during Covid or anything, but look at our Israeli listing's performance again today, in particular. Another solid close on a another very decent 400k shares

[resistance1] 04/1/2023 17:34

Pills swallowed and have kicked in. But still like your message

[car1pet] 04/1/2023 17:09

Resistance you could be right. I'll watch with interest and see if a support level develops. I like FSE's comment. Perhaps I should change my handle to Mr Grumpy

[resistance1] 04/1/2023 16:56

Good answer carpet. May not be the best timing now anyway to chuck your lot in. Seems we are on an upward path.

[fse] 04/1/2023 16:47

car1pet will never sell. would have to find something else to get upset about albeit we do share the same trepidation for BATM to move from R&D to selling and marketing.
They have developed IP "in house" with no dilution and thats impressive. Its the next stages that are going to be a challenge.

[car1pet] 04/1/2023 16:45

Resistance the sell price is still under 30p so not sold yet.

[fse] 04/1/2023 16:38

🙏 amen

[echoridge] 04/1/2023 16:34

prayer hands emoji

[kooba] 04/1/2023 16:21

Seems about right ..well we will get an idea how its going to go soon enough !

[resistance1] 04/1/2023 16:21

Broke the 30p barrier. Carpets most recent (revised down) exit point. Carpet what sell price did you get?

[fse] 04/1/2023 15:44

There is so much they (the govt) have not thought out with EV's
Its true they are at least 30% heavier and also another factor is tire wear due to the extra weight and characteristics the tires need upgrading like you would have to for a high speed car, plus they wear out much faster due to excess torque and weight. Its another unexpected cost. I drive an aluminium F150 3.5l turbo I have a trailer which an EV cant handle and we have winter here when the output/range from EV's is significantly reduced.
As I say great for California if you charge them from your own panels.

My nephew who works on large plant electrics and has to consider power drain from a large new building told me there was no way the grid could even start to handle the increase in demand if everyone went to EV's and where was the extra capacity going to come from. He said that the government here had plans to add charging stations but no plan for the increase in demand. Where I live we generate most of our power from wind which is quite an accomplishment but we still need back up for when its just not windy, this back up is insufficient to power EV charging points so if its not windy we are not going anywhere. Absurd but sadly true.

[car1pet] 04/1/2023 15:19

FSE I agree with your observations about EVs.One whacky story I read is that because the batteries are so heavy, EVs weigh considerably more than standard combustion engine cars and multi story carparks were only designed to take loads based on petrol/diesel cars. So if carparks fill up with EVs the combined weight of the cars parked on a busy day could exceed the structural loading and the whole thing could collapse!!!
I'm sticking with my diesel for now

[fse] 04/1/2023 14:59

>car1pet. A lot of companies have been really badly impacted over the last 18 months with 60% drops not at all uncommon especially in tech and diagnostics.

OT...... I dont own Tesla shares and never did purely due to valuations. I liked that Tesla is not an adapted gas vehicle and is purpose designed to be an EV from conception.
Tesla is still IMO incredibly overvalued it assumes that everyone will switch to EV's which IMO is pie in the sky. They are neither pollution free or logistically sensible for the masses especially now as the Grid simply can not handle widespread adoption.
They make sense for short distance commuters who own a charging point and thats about it. EV's that are charged from home solar panels now thats another story but what % is that ... 5% maybe. EV's are a small part of the solution not a silver bullet.

What I have been noticing in the tech sector is the huge growth of new age software solutions with more AI prevalence and this is going to require a rethink on network performance. On the more mundane level the persistent news flow of companies systems crashing out and unable to handle current day complexities along with data breaches.... lot of potential business for the likes of Telco systems just a matter of dragging companies into the next generation and getting them signed on the bottom line....

[echoridge] 04/1/2023 14:23

My thinking is largely the same, if ordered slightly differently. For me, the key is your last half paragraph. I lean strongly in the direction that the power of their 'lawsuit strategy' in bring injunctions in jurisdictions like Germany now and other key ones in the near future, is being under-priced, as it were, by the market, in the sense that it is far more likely to cause S to be motivated to some kind of material settlement in the nearer-term should they lose, than the share price suggests.

[kooba] 04/1/2023 12:56

Still holding , yes its a bit binary and i rather thought Samsung would have made them an offer they couldn't refuse before getting to court..but nothing yet.The shares are discounting a court victory and a resulting large payout to a certain extent..and without the court case would be significantly lower , however a clear victory could see an award in multiples of current market cap. So as you say its a risk/reward calculation , also i think one needs to factor in that Samsung could drag it out to appeal for some time before the company might get full recompense. I see a high probability of a successful court verdict 90% but you never quite know..hence the current price?I think on balance the shares are worth more than current levels for the potential upside on a large historic settlement and the prospect of a licensing deal going forward..what maybe is not completely acknowledged is that victory in the US further strengthens their claims elsewhere and might lead to even more legal moves globally..again this could all force Samsungs hand to settle even post court case but they don't tend to roll over easily. Your thoughts?

[echoridge] 04/1/2023 12:26

perhaps, in the meantime, and with apologies to this board for mentioning another share here, I might sneak a quick query your way about our common holding which is about to finally get it's 'day in court'. Price has ground a bit higher, but it's still at near-term crummy levels. Any thoughts on risk/reward in the low 40s with a couple days to go and/or how you think it trades if we get a 'win' on both infringement and award and then a decent decision from the judge on any multiplier? Vs where we go if we 'lose'?

[echoridge] 04/1/2023 11:40

Just saw your 'math' question. I will have a look/enquire.

[echoridge] 04/1/2023 11:38

I didn't say that wasn't reasonable, just that the Company has often ended up comporting more with Israeli governance rules and norms and there is some justification for that decision. In fact, speaking of index-related matters, it is very possible that if the UK v Israeli debate ever was a 'thing' with our Board, then the FTSE-Russell decision to exclude BATM a year ago on the very basis that it's business was primarily outside the UK, may well have ended that debate for good. Don't know for sure, but it makes some sense.

[kooba] 04/1/2023 11:37

"The options granted to Mr. Nagar have a total grant value of 2% of the value of the Company on the Grant Date "More interested if you can explain how 16.4m shares represents 2% of the value of the company at the award price.Market cap at award price £112mValue of shares at award price £4.2m

[kooba] 04/1/2023 11:29

The company's primary listing is London and the large majority of shares are held and traded through London..an argument the company made over index inclusion ..trying to comply with UK accepted code of governance would appear to be a reasonable target to comply with. The company falls short on a number of counts.