Batm Advanced Communicat... Share Discussion Threads

[kemche] 21/3/2023 10:11

Barry, So that should be pretty quick then. Thanks for that insight. You have yet to be proven wrong and I expect you won't be this time either.

Are the hedge funds still buying?

[echoridge] 21/3/2023 10:03

To me, the potential value-creator most ignored by the market is Moti's genuine commitment to an acquisition/disposal strategy which has no impediments to beginning immediately given the Firm's strong balance sheet, but then, for the first time I can remember, the Company under Moti is now promoting 'partnerships' and/or JVs in developing its core businesses as well. Just as I believe selling Distribution and/or Carrier Ethernet (my current 2 favourite disposal possibilities) could make a mockery of the Company's currently suppressed valuation (much as the sale of NGSoft did), so too of course would a tie-up with an industry heavyweight say, for Edgility, or the development of a 'civilian' Cyber business. The key to this part of the Company's strategy on the share price is that it is obviously not based on signing new deals, or hooking up more customers, securing new contracts (well, at least not in the short-term), etc.; i.e., these are actions the Company can and hopefully will take in the next 6-18 months, (largely) independent of delivering on operational goals. This is what a deeply discounted sum-of-the-parts Company with nearly 1/2 of its market cap in cash and multiple healthy operating businesses is able to do and, unlike Zvi, I believe Moti has signalled that he is (finally!) prepared to do it and on a material scale. This can and should, I believe, easily drive resistance's share price projections without needed recourse to anything special on the operational side.

[resistance1] 21/3/2023 09:12

Bigjon most of the PI's on this board have been very patient under Zvi's time. But I get we will need some more patience for Moti to implement a far more commercial focus to roll out the various IP (before it dates!)

Crypt: I appreciate this question wasn't aimed at me but here's my viewpoint for what its worth.
Early Summer (June) high 30's based on deal news (Simon Thompson IC's view). Late Summer (Aug) mid to high 40's based on restructuring or an acquisition that that the market perceives will facilitate faster or wider IP roll-out. Winter high 50's and this time next year 70's+ based on reported profit trend. All these figures could be shot out of the park if a buyer comes in on an upward share price trend -- but not now.

The macro landscape is clearly an influence as Bigjon states. Hopefully though we have seen the worst of it and the sun starts to peep through...

[the crypt] 21/3/2023 08:15

Where do you see the share price long term?

[bigjon1] 21/3/2023 08:15

People are too impatient these days. Tight financial conditions always lead to slower growth but you have to be a moron to think this growth isn't happening. Recessions are a time to build. BATM is in a perfect position for this with their healthy cash heavy balance sheet. Those who are patient will reep the rewards of this once monetary policy loosens and inflation has come down.

[resistance1] 20/3/2023 15:28

Kemche's point about predators is a valid one. PE would have swooped on BATM months back if it just consisted of Telco. As PE is often siloed in vertical markets, and the diffused, some would say confused, nature of BATM holdings offers some defence against this and gives a degree of protection for private shareholders. Any offer however would be well above current market cap but I haven't invested just to make a small profit, especially with the roller coaster journey we've all been on.

[kemche] 20/3/2023 14:39

And I will make sure to give my head a wobbly too. Excellent as always.

[the crypt] 20/3/2023 14:31

kemche - stop being a massive moronic duck. Quack Quack.

[kemche] 20/3/2023 14:30

"lack of confidence in the market" I note that they have suffered from that for a few years now.

[tradeterminator01] 20/3/2023 14:26

Agree with Resistance, with this in mind we should be seeing exponential growth within the industry which would obviously reflect positively on BATM. My biggest guess for the explanation of the current share price is that lack of confidence in the market. I don't think this is a case of letting the whales get in cheap. Im hopeful that once the market wakes up to idea of the growth potential in the industry and particularly BATM, we'll have lift off.

[kemche] 20/3/2023 14:16

Classic treeshake to allow Barry and the hedge funds in on the cheap. Typical MMs.

[fse] 20/3/2023 13:45

Current market conditions are slowing not cancelling the emergence/adoption of new technologies largely due to financing concerns. The next stage is usually companies looking to how they can save money become more efficient so in that respect one would expect to see the shift to smarter, faster more accurate networks.
A very large part of BATM is involved in late stage disruptive solutions that are only just starting to generate revenue.
This was referenced in the last report.
The company has adequate funding and does not need to go to the markets for support.
Networks and communications sectors will see sustained growth as the sector becomes much larger as we depend more on extraneous input and demand from autonomous intervention.
The share price reflects weaker earnings which it can see but is ignoring the technical progress.
BATM share price should encompass earnings plus the value of the IP but thats not the case.

[pockstones] 20/3/2023 12:56

Funny every time someone mentions corporate governance on this board it disappears
The questions remain however and until answered the market is giving minimal credence to managements statements

[kemche] 20/3/2023 09:23

Not another bottom surely?

[resistance1] 20/3/2023 09:02

There’s a huge rush into digital infrastructure not just by operator companies but also by PE at the moment. Data transmission expected to grow 3-4 fold by 2030. If digital infrastructure is the petrol, Edge computing and software like Edgility is the accelerator. Wake up market!

[bigjon1] 20/3/2023 08:08

Great article FSE, goes to show that we are still early in the shift to edge computing. Glad to see BATM at the forefront of this change - I expect to see accelerated revenue growth over the next few years from BATM's cloud computing division.

[tradeterminator01] 20/3/2023 02:46

pockstones, i agree with your statement however i dont think a drastic change in corporate governance is specifically necessary. You could currently apply this statement to most companies in the market at the moment.

[pockstones] 19/3/2023 16:22

Probably need a change of auditor to address corporate governance question marks not sure the market believes anything said by current management

[kooba] 19/3/2023 14:41

On the cityfibre front one would have to hope that virgin media o2 don't have an established edge enabled solution with someone like Microsoft ..I'm sure its only good news though. Be good if they could confirm the promised rapid expansion of the cityfibre contract soon..what interpretation should be given to rapid?"BATM expects this order to be rapidly followed by a substantial expansion in deployments as CityFibre rolls out Edgility to its full network."Oct 2022

[fse] 19/3/2023 14:11

Added: "The future of cloud computing will likely be dominated by edge computing. This is because edge systems are more nimble and can handle more complex tasks. They can also scale quickly and access more resources than traditional systems."

Thats the wherefore and the why in a nutshell. The shift to these platforms has begun but real revenue is only starting to trickle in. Remember Telco systems sell in partnership with Advantech. Enabled hardware.
Some revenue will come from this some from large private clients and the rest through licensing. Telco systems are involved at all of the 3 stages.
They do not have a monopoly on this but they have the depth and range of expertise in the field which should be able to supply clients with a fully integrated and nimble systems that will actually fill users expectations.

[cumnor] 18/3/2023 22:14

Not sure of implications for BATM contract-should be positive??

[homeboy] 18/3/2023 21:49

so what happened to the buy backs then, maybe they've not the cash they say they have

[bigjon1] 18/3/2023 09:15

Personally I think this recession is going to hit companies a lot harder than most people are expecting. A lot of banks are in trouble with the dramatic increase in the fed funds rate throughout 2022. Companies that entered into a loan at 1% will have to reapply at more than 4%. If companies do not have an adequate balance sheet they will struggle to make it through. As always in a recession, cash in king. BATM are in a strong position to take advantage of the opportunities 2023 will present.

[fse] 17/3/2023 13:22

Interesting mention on twitter showing an installation in Poland. The whole operation at Celitron seems more sophisticated.
Just a reminder that BATM do have adequate funds to tough out another bad economic period. I am not holding any investments that are not well funded.

Added.

Of interest is that BATM medical have been very active for quite some time in the identification of various bacterial strains. The next generation diagnostics from ADOR will identify bacterial strains and match them with the appropriate treatment. At the moment a lot of prescribing is done on the basis of try this then something else until the correct treatment is found.