Batm Advanced Communicat... Share Discussion Threads

[fse] 06/7/2023 16:01

Can certainly understand the frustration here with the share price unfortunately a lot of companies are sitting on single digit PER at the moment. BATM and Telco need to see results from edgility. It’s been a long time developing and a lot of time and money. The rest of the company makes money and this will be an additional revenue stream.

Added comment. If you go back to 2018 /2019 BATM had a similar revenue but they managed 2.6M profit EPS .09 Cash 24M.......... Share price in the 55p to 60 p range
During the investor presentation they did highlight the fact that despite the blip during Covid sales the underlying growth has actually continued.

[doccash] 06/7/2023 12:49

No worries once the price reaches 30p Carpet has already stated will sell up and never darken the bulletin board. Hopefuly this time pays attention as carelessly missed the last opportunity.

[kooba] 06/7/2023 11:55

Hi , as i said before there is a stated strategy..it really hasn't changed but that does not restrict a director dealing in the shares in trying to execute the strategy . Only if there was something price sensitive and highly likely to drop in the near term.So early stage talks with no agreements , even contracts that are being negotiated as long as there is not immediacy or certainty then you are not restricted apart from the close period naturally , which they are not in.We had the same thing last year around the share buybacks we all pontificated as to the reason that they stopped, paused, suspended whatever..and it just appears they decided not to ( though they were aware that a large testing contract was not materialising for a chuck of that!)So there is no way that a director is permanently restricted..for Moti it seems like for 8 years he has not been able to buy stock ! But he did manage to sell all the options he got as soon as they vested..that was lucky !!Difficult to know why he thinks he is prevented from aligning with shareholders but its a convenient excuse not to .

[echoridge] 06/7/2023 11:46

'....As a shareholder I want a return on my investment and the quickest easiest way would be to identify the products/services which have value and could be sold then sell them return the proceeds to the shareholders and close the business....' Huh?!? I know you're trying to be inclusive, but explain to me how that sentence from Mr Angry qualifies as 'sensible', kooba?

[resistance1] 06/7/2023 11:42

Kooba, perhaps the AGM is another opportunity to ask a question and try and unpick what is holding Moti back from his first Director's buy as CEO? I took it as a disposal in the works. Clearly whatever it is it is taking time.

[kooba] 06/7/2023 11:20

Some interesting comments ahead of the AGM and some rather sensible comment from carpet. I'm afraid them telling us how good it could be days are getting rather tired..the company having slashed revenue and profit forecasts several times needs to start proving some traction and meaningful growth in revenues from what should be now very low base guidance.It can't be valued as a growth business if it is seeing no growth ..the bigger worry is we have new state of the art products apparently that are ready to disrupt the market ..this has been the case for a while now and there appears very little traction whilst the markets for the products seem to be expanding..will Batm miss the boat again..are the products just not attractive to the markets they address?More sales less talk required.

[car1pet] 06/7/2023 10:20

wizzkid "expert" is an over used word so I don't consider myself to be an "expert". I've run successful businesses and all I can say is that in my view based on what I saw and heard at the last video call is that the new CEO is a financial consultant not a CEO so I don't expect he will turn the business around. The company needs new blood at the top and needs initially a ruthless single minded troubleshooter who does not have the Marom culture and will sort out which products/services to keep and which to discard.He/she probably needs to be there for 12 months. Once the company has a clear strategy the troubleshooter can be replaced by a strong CEO to develop and grow the business if that is feasible.If not it should be broken up and sold off.
The company is a dogs breakfast of different products/services and impossible to state in 1 or 2 sentences what it is about. Lets remember its a very small company in business terms. As a shareholder I want a return on my investment and the quickest easiest way would be to identify the products/services which have value and could be sold then sell them return the proceeds to the shareholders and close the business
I'm always happy to be proved wrong. So lets see what is said at the AGM.

[resistance1] 06/7/2023 08:52

Looking at the AGM next Thursday I’m looking for a bit more guidance if all the hard work pushing Edgility at trade shows is turning into solid proposals. Appreciate no new large deals have landed as yet but I want to hear their thoughts of what is in the works. How positive are they etc etc. From the CMD they said they had an 18-month lead so….. how’s it looking?

[gbenson1] 06/7/2023 08:44

Although not a big fan of Mr Carpet I'm beginning to feel that the new CEO hasn't pulled up any trees like he was expected to do. We need some good news on increased revenue to boost the Sp & shake off the short selling that has been in the company for at least the last 18 months or so..

[wizzkid211] 06/7/2023 07:47

CARPET,
You must be an expert on "proper business people"

[car1pet] 05/7/2023 16:17

AGM on 13th July. The new CEO has been in post for 6 months after several years as FD and there is no change, I know I'm boring but the management team need to be removed and replaced with proper business people.

[fse] 30/6/2023 18:28

Link to Innovetech partners



The size of this market is looking to be many times larger than initially thought and there are so many side tracks and specifics. It's all rolling out albeit actual uptake has been somewhat hesitant. Now it's the place to be.
Thanks Wizz for the highlight its in all the trade magazines now, not sure the value of any of this but Telco and Edgility are getting their foot firmly in the door and they are purported to have better more comprehensive approaches to managing Edge devices.



Innovetech in turn are partnered with BBT Live which is a cloud centric provider. This is an interesting tie up as Edge and Cloud need to assimilate. It's a matter of getting all the correct pieces together.



Its also interesting that BBT are partnered with Advantech who are a major partner with Telco systems.
The alliance expands



NB.... Have added to this post

[wizzkid211] 30/6/2023 17:23

Telco Systems and Innovetechs Collaborate to Advance Edge Computing Across EMEA

[kemche] 30/6/2023 10:01

Probably the last of the rebalancers.

[echoridge] 30/6/2023 09:59

Looks like an odd shape of just over 400k just traded at 26.25p, so likely finishes the seller, while the buyer goes on.

[kooba] 28/6/2023 19:07

Apologies.BATM Advanced Communications CEO Dr Zvi Marom joined Proactive's Stephen Gunnion with details of the company's $4 million contribution to a $10 million follow-on investment in Ador Diagnostics Ltd, taking its stake to 37.21% from 36.7%.

[kooba] 28/6/2023 19:03

They are separate legal entities with different shareholders so I don't believe that is the case at all.Think BATM only own c 34% of ADOR with outside shareholders.Think they own 95% of Adaltis. They may overlap in some markets and often present together but ADOR is stand alone and will need sales of its products.BATM was forecasting first sales through ADOR before year end 2022...I presume that has changed.

[paulisi] 28/6/2023 18:50

ADOR will not generate revenue, it is a holding company for all the IP and patents, the manufacturing and sales of diagnostics comes via Aldatis

[kooba] 28/6/2023 18:12

The excitement around Edgility has been there for quite a while..they obviously have a marketable product and the market is seemingly growing fast..unfortunately there is no evidence as yet that they are enjoying any material traction..some folk on the other board were talking exponential growth in triple figure Ms one or two years out ..we seem to be very low single digits still and the curve doesn't really seem to be exponentially doing very much.ADOR is an odd one they said they would see sales by end 2022..mid 2023 still nothing.The idea on there being a big sum of the parts disparity is less convincing right now as the valuations on pre revenue businesses will not command anything like a few years ago...they need growing sales and ideally recurring income.Sales and revenue upgrades are likely the only way of getting the shares ahead..they are on a generous current year rating ( eps est 0.4c) that already is factoring in future growth which can only come from the new products..they need to get some sales closed if they want the narrative supporting the shares to hold up...i very much hope they do..but at the half year is not that encouraging.

[echoridge] 28/6/2023 16:49

Could someone please tell Mr Angry that we don't need a history lesson. The excitement around Telcos is the FUTURE potential for Edgility as laid out in the CMD.

[car1pet] 28/6/2023 15:36

Telco is only 20% of the revenue. Marom 2.0

[paulisi] 28/6/2023 15:22

The big drive should be on edgility. Any new business from diagnostics would be a bonus.The question is - do the company have the relevant sales and marketing team in place?It wasn't clear from the Q&AAlso, what is the strategy? - go after the big contracts (RNS worthy) or build the low and medium businesses up.We know the big contracts have a lengthy proof of concept.

[kooba] 28/6/2023 14:42

I don't think I'm being harsh at all , i am just not prepared to take much ( at all) on trust , a much overused couple of words here inflection pointnoun [ C ]UK US a time of sudden, noticeable, or important change in an industry, company, market, etc.:Not an extended period of little activity when the world moves on..Look I'm still invested having seen multiple warnings and i hope the business and the shares are on a positive turn but my point was that inflection points moved into current year ...now we are half way through current year and not much is happening..it has not proved sensible being too trusting of guidance over the past 18 months and we need orders in the new products to support the always bullish narrative ...and soon,

[echoridge] 28/6/2023 13:51

Whoa, kooba, that's a bit (way?) too harsh, don't you think? Though the 'big diagnostic order' is of course not any longer key to the Company's forecasts ('replaced' this year by the new Cyber contract), but to describe it as 'just talk' is overly critical in my view. This is after all a main board listed Company and I'm confident there is little chance that Shore Cap would have included it in their initial numbers for last year if they had not done sufficient DD. Maybe I'm too trusting, but this involves 'trusting' the Company's advisor as well as the Company....As for the share price drivers outside of Cyber, I also think you're being too quick to diminish arguably Moti's most bullish near- and medium-term call in the CMD presentations - ie., the new contracts and new customers for Edgility. Trust but verify, of course, but it's way too early to get discouraged on this huge opportunity for the Company. As for Cityfibre in particular, all anyone needs to do is go back and review what that customer's CTO had to say about Edgility and it's importance to CF's product offering to remain very upbeat for BATM's prospects this year and beyond....meantime, the continued better-to-buy (nothing massive yet, I know. Just 'better-to-buy') market in our shares over here is starting - just starting - to be matched 'over there'. The Israeli line has only traded a couple hundred thousand so far, but that's around 175k more than it has been trading most days. In addition, the bias has been much more towards the buy side overall, with the Israeli price finally reaching general parity with the UK line, and the spread in Tel Aviv tightening significantly. As I think some of the selling in the past month has been sourced from Israel, hopefully this is further sign that sellers are drying up. Now we need to start to make a few more buyers to join with the ongoing buyer over here.

[kooba] 28/6/2023 12:24

The diagnostics side is disappointing , the big contract was just talk and Ador does not seem to be saying anything on moving to commercial demand ..we are half way through 2023 and very quiet. Cyber seems the only side that is winning new business..again becoming very dependent on one customer. With Edgility the opportunity looks strong but the traction does not..its a year since Cityfibre started to trial and 8 months from initial order..this was meant to be the model for further contracts.."In a note to clients, the City broker's analysts said: "We believe that this partnership model, commercialising Edgility, is ultimately set to be repeated with other potential network providers in the UK and worldwide.""BATM will receive recurring licence fees for a five-year period with some hardware sales - together estimated at US$3.5mln. The group expects the number of endpoint deployments with CityFibre's clients to rapidly expand to tens of thousands per year and believes the financial value of this partnership to the BATM will grow substantially in the near-term as the volume of licences increases beyond the initial contract value.No new contracts and no expansion on the modest initial Cityfibre contract announced in Oct..its a fast moving space with many big players and considering the breakthrough contract there seems no momentum.It's difficult to see much in the way of the share price unless the company can demonstrate the much heralded infection points and real traction across the new products..as with many shares at the moment not much is being taken on trust.