Batm Advanced Communicat... Share Discussion Threads

[bigjon1] 08/4/2024 10:36

Car1pet you need to have some patience my friend. Stop trying to criticise every aspect. This is clearly good news for the company. Not sure why you don't see it that way if you are actually a shareholder. Turnaround management takes longer than 6 months in practise. Procedures need to be followed, and some employees can resist the change to begin with which can slow changes. In my view there has already been an improvement, expecting this to continue over the next 12 months.

[car1pet] 08/4/2024 09:58

I'm not a doom monger as you disparagingly call me. I said that Nagar was a management consultant not a CEO when he took over. I've given him 15 months and he has achieved nothing and the share price has dropped. This is a tiny company which could be turned around by a decent turnaround professional in 6 months. Nagar is being paid £1m per year.Some successful CEO's don't earn that much He should be sacked now. I want a return on my investment that's all. I have a right to express my views which have been accurate.
Smell the coffee Resistance 1 - until the Board is replaced this share will languish around 20p. I need 30p then you will never hear from me again

[tradeterminator01] 08/4/2024 09:42

Must agree with Resistance here, every time I approach this thread your moaning about one thing or another which, in my view, kills your credibility to criticise. Yes there are some question marks surrounding the actual value of the RNS but we can at least agree that BATM are on the right path?

[resistance1] 08/4/2024 09:37

Let’s be honest Car1pet nothing is ever good enough for you as a card carrying doom monger. A few weeks ago posters were asking why wasn’t there follow on orders. Now we have one. New customers are required yes, and I’m sure some of the 14 POCs will come across the line. Edge computing is not a mature market, numerous start ups are testimony to that. Many are announcing their first (small) contracts to market acclaim. You promised to sell at 30p. You had two occasions to execute your trade. You didn’t — and don’t we know it.

[car1pet] 08/4/2024 09:27

No sign of it this morning. Having worked in software product sales in my earlier career this deal was probably baked into the original deal and hence the lack of info about value in the RNS. Networking is $20m annual revenue with 50 employees. Its a tiddler of a business. It would need aa ground breaking order pipeline to shift teh dial. Cemex and Cityfibre have been around for years. If businesses were going to flock to buy edgility they would have done it by now. Edge computing is well established and I'm not an expert but BATM was doing POCs 5 years ago and all they have is Cemex and Cityfibre. I'd love to be proved wrong but this RNS is desparation in my view

[tradeterminator01] 08/4/2024 08:45

Fantastic news re the new CEMEX contract, exactly what i want to see from BATM announcing new contracts regularly. I agree with you Kooba in the fact they now need a large number of deals to build a growing revenue base, additionally this will help with investor confidence to boost/correct the share price

[kooba] 08/4/2024 07:46

While this is bullish that one of the very few existing customers is extending a small 5 year deal by a few years and although no actual money is mentioned I suppose it shows that it does what it says on the tin well enough. The thing is to move the dial on an annualised basis the company needs a large amount of such deals to build a growing recurring revenue base that will have significant value…they need new customers and a fair few of them to make the operational gearing of having a business like this kick in. New customers, when so many are and have been trialling the system for a while will be a far more important benchmark of where Egility is in terms of a commercial offering and as yet to show real commercial traction.

[paulisi] 08/4/2024 07:23

Once they sign up, I'd expect them to extend contracts rather than switch to rivals.This is positive in that it expands the current contract, but BATM needs new customers to grow the business.

[resistance1] 08/4/2024 07:14

This is what many of us have been asking… For a subscription model where are the follow on orders from CitiFibre and Cemex? Well here is the Cemex one. For me this is more important than a brand new client as it demonstrates how the subscription business model will build revenues exponentially. Existing contract was over $2m at the time. Great stuff.

[wizzkid211] 08/4/2024 07:10

No mention of money.

[wizzkid211] 08/4/2024 07:01

BATM Advanced Communications Limited

("BATM" or the "Group")



BATM awarded new Edgility contract from Cemex

New contract extends licence agreement by two years and expands service provision



BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, is pleased to announce that it has been awarded a further contract from Cemex, S.A.B. de C.V. (NYSE: CX), a leading global building materials company, for the Group's Edgility edge computing and virtual networking solution. This follows the successful rollout of Edgility to Cemex sites across Europe and Central and South America, with more than 1,200 end points already deployed.



The contract extends and expands the original agreement that was entered into in 2021, when Edgility was selected as the virtualised operating and management system for Cemex´s new communications network. The deployment of Edgility to Cemex's thousands of locations worldwide is on track to complete during the current year. This latest contract extends the original five-year licence agreement by a further two years and includes additional service provision to support the deployment.

[kooba] 04/4/2024 17:23

Agree it is obscene and likely more than many mid 250 ceos get that are performing.
There is very poor corporate governance and board structure ..lack of relevent independent directors ..it is a global business it says and its primary listing is London..the board should reflect that…there needs to be a complete overhaul of the board. The persistent poor delivery of the official company strategy and narrative needs to be addressed and the executives held to account for failing to create discernible value for their shareholders…that is their primary role. The share price reflects the markets lack of confidence in the executives delivering I’m afraid ..not shorters …but never ending missing guidance and failing to deliver on the strategic aims set out and the commercial breakthroughs that years of investment promised and have not (yet) demonstrated anything like the company’s confidence. The fact that some keep lapping up the promises despite the failure to deliver is slightly strange.
Being cynical of the narrative appears a better investment approach here I’m afraid than believing the jam tomorrow , where the sell by date is already being discounted.

[car1pet] 04/4/2024 16:56

Kooba totally agree. I don't like people who say I told you so but I've been criticising the management of this company for years and confronted Marom when the reviews took place in London. Its been mismanaged for many years and I do not understand why Lombard have done nothing. The company is capitalised at around £80m so very small company now. The staffing levels are in the annual report and are very small so I can't see how there is any way that it can be turned around as is. It needs to be sold in bits and hopefully we will get 25p per share as a result.
I cant get over the pay that Nagar received last year - just shy of £1m outrageous

[kooba] 04/4/2024 15:28

A company misses its shop broker forecast and gets downgraded after 3 previous profit warnings and little progress on its Inflection point technology ..not sure there is a conspiracy in a headline around the final results outcome…and the share price seems to agree there was nothing to cheer about as far as I can see.
Some need to wake up and realise the share price is nothing to do with shorting and everything to do with poor performance and lack of delivery.

[gbenson1] 04/4/2024 13:45

Just an observation, when BVC announced their results recently, a split second later Alliance News came up with a negative headline. Usually Alliance don't make their thoughts known until at least 3-4 hours after an RNS drops, it's the first time I've seen this and I follow these boards continually, just a conspiracy theory but are Alliance in any way connected to the short of BVC stock which has been on for the last 24 months or so!! Are they connected to ADVFN?

[fse] 03/4/2024 19:17

The year end was not quite what we wanted but there were a lot of positives in there. I agree also that this all is coming to a head principally with Edgility and Telco systems that are based in America. They are eeking out some first sales and revenue from this sector of edge solutions early days. Still I think it's fair comment that they need to convert more of this into sales.

The molecular diagnostics business HQ in Italy is showing growth and is introducing new products. Ex covid sales growth has continued year on for some period.
The company has adequate finance and is not going anywhere soon.
The current share price in no way reflects the company's very considerable IP.

[kooba] 03/4/2024 11:32

Interesting comment Carpet..indeed paying big bonuses after a series of profit warnings and a collapsed share price when the shares seem to trade at little enterprise value or certainly a discount to book value somewhere along the line does no add up for shareholders.
I also agree re Lombard Odier , the managers of the U.K. special sits are not known to be the most patient and verge on the activist..here they just seem to sit on just under 30% and openly seem to be doing nothing..behind the scenes they may be putting more pressure on..but it is not having any impact on progress in demonstrating value or an improvement in sentiment being shown by the share price. Maybe they sort change at the top moving Moti up ..who knows.
Not sure they have unlimited time..so far as an investment in technology it has been a bit of a disaster over just about any timeline. They show as unchanged from initial issue last century !! Down over 60% over last 5 years down 18% over 1 year. Maybe jam next year hey !

[resistance1] 03/4/2024 11:25

Lets give him some more time Car1pet. The next 6 months are crucial. If we dont see substantial activity and a sustained share price increase then I will join your campaign. I think we will.

[car1pet] 03/4/2024 10:06

Nagar earned $972k in 2023. In that figure was $294k performance bonus
Noy received $303k including $76k performance bonus
Marom received $316k.

Can someone explain how they receive performance bonuses? What were the achievements that earned these bonuses.

These guys are having a laugh.
Why does Lombard tolerate them?

[car1pet] 02/4/2024 14:37

with the share price at 18.30/18.50 Lombard must be asking some serious questions of the Board. Cap value is now £80m. Its got to be worth selling off now. A 30% uplift for a purchase would mean we all get 25p per share. I will have lost money but better than the price sinking down to 15p

[resistance1] 02/4/2024 13:31

This seems an obvious next step for Edgility/Celare and all under one roof. In last weeks Edge press: Edge computing provider Scale Computing has partnered with AI EdgeLabs, an edge cybersecurity solution provider, to create an edge computing platform that provides real-time threat detection, monitoring, and scalability with fleet management

[paulisi] 30/3/2024 18:32

Quite an interesting discussion.24p NAV without the potential for growth in the new businesses