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BVC Batm Advanced Communications Ld

19.275
0.00 (0.00%)
Last Updated: 10:56:07
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Batm Advanced Communications Ld LSE:BVC London Ordinary Share IL0010849045 ORD ILS0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 19.275 3,690 10:56:07
Bid Price Offer Price High Price Low Price Open Price
18.95 19.95
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec USD 122.83M USD -193k USD -0.0004 -481.75 84.05M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:14:04 O 59 18.95 GBX

Batm Advanced Communicat... (BVC) Latest News

Batm Advanced Communicat... (BVC) Discussions and Chat

Batm Advanced Communicat... Forums and Chat

Date Time Title Posts
21/11/202408:16Batm Advanced - A New Beginning23,565
17/11/202421:43Coronavirus Investment - BATM1,113
23/9/202208:58BATM * BATM * BATM * BATM ******BUNG A ROCKET IN YER PORTFILIOS49
12/6/202016:27BVC over-ramped and over-valued!120
15/4/202009:44BATM - Broadband bright future22,489

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Batm Advanced Communicat... (BVC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:14:0518.955911.18O
10:54:3619.403,000582.00O
10:40:0419.95102.00O
10:02:1218.2919836.21O
08:09:2117.8042375.29O

Batm Advanced Communicat... (BVC) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Batm Advanced Communicat... Daily Update
Batm Advanced Communications Ld is listed in the Communications Services, Nec sector of the London Stock Exchange with ticker BVC. The last closing price for Batm Advanced Communicat... was 19.28p.
Batm Advanced Communicat... currently has 436,039,124 shares in issue. The market capitalisation of Batm Advanced Communicat... is £84,024,739.
Batm Advanced Communicat... has a price to earnings ratio (PE ratio) of -481.75.
This morning BVC shares opened at -
Posted at 13/11/2024 10:36 by echoridge
First off, the 9m share print was a fund-to-fund, which is why it had no impact on the share price. More importantly, on the lack of movement, I agree it's been very disappointing. While I measure the starter's pistol on Moti more from the summer of 2023 when the company held its capital markets day and Moti's plans were formally unveiled (the first 6 months of his CEO-ship were obviously focused on more pedestrian matters), its still been nearly a year and a half without any transactions meant to simplify the balance sheet and gain greater focus for the business as I was expecting. Meantime, the share price has suffered the same as if they had issued a profit warning anyway, so the lack of an update on their plans - eg., whether the inactivity is more a function of the crisis in the region or a more structural inability to find suitable acquisition targets at the right price and/or being unable to sell or shut down the businesses targeted for disposal - is likewise extremely frustrating, even mystifying. One (partial) theory favoured by some in the market is that there is something fundamental being discounted here outside of Moti's failure to deliver on his strategic review thus far, and that's an increasingly gloomy view around CityFibre. While there's an argument that this is unfair since there really isn't any accounting for material revenue, let alone profit, from the CF contract in the company's immediate forecasts or current share price, CF is obviously a big part of BATM's future plans and much has been made about the huge margins/wildly profitable nature of the partnership once it reaches critical mass. In the past couple of years however, there have been periodic concerns about CF's - and the industry generally - viability, and then recently there has been a downgrade to UK growth prospects both before and after Labour's win and I do think BATM may be suffering a steady decline in sentiment and share price given its exposure to the UK economy through CF (of course, because its a UK smaller cap, it hasn't had any compensatory rise in sentiment or share price on the back of the commercial Cyber deal with Thales - or similar-sized player - though it deserves to in my view). The bottom-line however, is that a LOT of bad news - none of it at all confirmed - is likely now discounted at 17/18p and so the company is in a position to lead a revival in the share price if they can come out of the shadows, mea culpa in hand, and start delivering some updates and transactions. Yes, before anyone asks, I believe they will.
Posted at 08/11/2024 11:23 by kemche
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.
Posted at 28/8/2024 17:48 by echoridge
Honestly, this is nothing more than 5-star finance porn from you at this point, kooba. While it is certainly an impressive core dump of material, I'll grant you, but not a single item, not one, is even remotely relevant to the very, very, very simple point I made at the beginning. Not for the first time however, your titanic ego just will not allow even the smallest concession to having made a mistake, and so the result is a torrent of links and assertions and slurs and reprints from corporate finance manuals, all of which is designed, I assume, to protect what you somehow think is a vulnerable flank. It's not about me and whether you 'agree' with me or not. This isn't a debate. You just left out the fact that a big part of the compensation for the senior management in BATM is a vigorous options package. Nothing else is relevant. It doesn't matter whether it is awarded and not purchased by the exec, it doesn't matter how the exercise prices are calculated and/or the exercise period is assigned, it doesn't matter if they otherwise own common shares, it doesn't matter what the phase of the moon is when they're granted, or whether you're really, really, really angry. None of that matters in the slightest TO THE POINT I MADE, which was that you neglected to mention their options holdings in the first place AND the fact therefore that IF THE SHARE PRICE GOES UP MATERIALLY, THESE GUYS WILL MAKE A LOT OF DOUGH, MONEY THAT WILL DWARF THEIR CASH COMPENSATION, creating a clear incentive for Moti and team that alignes - imperfectly maybe, but nevertheless clearly, objectively alignes - to work towards a higher share price. That is it. That's all I claimed. I did not make any claims that this was the best, or even a good, comp program, ie, that it couldn't be improved in order to BETTER align management to shareholder's interests, nor did I say absolutely anything in defence or otherwise of BATM's corporate governance generally, or its performance in the boardroom or the market, or literally anything else. The only thing I asserted was that, in your initial screed, you neglected/forgot/overlooked/omitted an important fact that should have mitigated your anger a bit and therefore diluted the absolute nature of your conclusion that there is 'no' alignment in the company boardroom with shareholders' interests, when there clearly is.
Posted at 19/8/2024 09:38 by echoridge
As for the rest of your post, you can be disappointed in anything you like. You've made your point well. The difference for me is that, as I said, ADOR remains unvalued in the share price and so I see it as just an out-of-the-money (getting more OTM as time goes on admittedly) call that I'm getting for free. Edgility is different of course because it is much further along in development and has significant orders - particularly CityFibre - which are slower than expected to deliver. As I wrote yesterday however, I think that disappointment is largely discounted in the share price already, though I am p*ssed the rollout hasn't progressed quicker and there's precious little in today's release as to why. Still, I keep landing on the same conclusion: despite that, yes, partly given the massive potential, but mainly on the current valuation of the current businesses at 20p full stop, shares are still too damned cheap.
Posted at 10/7/2024 08:44 by echoridge
This story at this company (and its share price) have been so long-tailed + the urban blight that has covered the UK small cap market, that the bar for 'success' has been raised to absolutely ridiculous heights. Forget the immediate revenue potential here for a second. Just the marketing boost alone of having Edgility, an otherwise obscure US-based business, gaining the imprimatur of AWS, who likely have brought Edgility in to help improve their Greengrass service which is notoriously cumbersome, would be worth a 15-25% jump in the share price if we were listed anywhere else on earth. I know we don't know the economics of this yet but NASDAQ is not on all-time highs because most tech companies have been exploding their current profitability. It's also on the back of anticipated future earnings boost from AI, etc AS WELL AS huge liquidity on the back of increasing investor appetite. BATM has gone the opposite way obviously and all it takes - given the recent news flow especially - is the slightest turn in that dynamic and the share price could be back at 30p without a lot of effort - well maybe a little effort - from the net income line. Let's see.
Posted at 03/7/2024 15:36 by echoridge
Small comfort, but useful for the share price to close up again after spending much of the session lower, though volume is poor. I think management is likely doing some one-on-ones with some existing instos and hopefully, a couple new ones through the week. Indicates the company thinks this deal - and I am beginning to agree as well - is a bigger one than the headlines suggest, perhaps more for signalling their strategic direction than financially, but still a more exciting step for the Company than the early share price move would suggest. Watch for the share price to grind higher slowly but surely over the next couple weeks/months.
Posted at 30/6/2024 22:37 by echoridge
I guess my point is that the war is more than 'unhelpful' and less than an excuse. It is both killing demand for Israeli deals and for the company's shares. I mentioned that the former opinion isn't 100% foolproof since BATM does have businesses outside Israel, but the US and Italian franchises are not for sale as far as I know, and the small, admittedly profitable, businesses in Eastern Europe nobody seems to want. That leaves mostly Israeli-centred business - a few that are so non-core they even fall under our radar - where the list of potential buyers is directly impaired by the continuing hostilities. However - again - despite the awful macro events, I personally still think Moti should accept that the situation is unlikely to change materially for some time and start to get more aggressive (ie., take a bigger haircut on his main businesses targeted for sale, and get on with it). As many here have observed, time is not on the Company's - or the shareholders' - side. And finally, there's probably another unfortunate angle to all this and that's the possibility, even if Moti has a couple of likely disposal deals in sight, that he and his team have found it far more difficult to find any reasonable businesses to BUY. Perhaps 18 months to 2 years ago when they set out on this strategy, finding revenue-heavy-but-loss-making sales-driven businesses in the US at a reasonable price seemed a viable strategy, but now, as time has gone on and markets have recovered so dramatically - especially tech names in the US - that thinking has proved naive or BATM was consistently outmaneuvered in the market. Now I agree the market is 'right' for punishing the share price for management's lack of credible progress, REGARDLESS of the reason(s), but I also believe that at least Moti and his board are acutely aware that the blame lies with them and will both update the market appropriately at or around the results and are feeling the heat to get on with the restructuring they promised last summer. On that basis - and my previously stated (relative) comfort that the coming results will not disappoint this time and if anything, have a decent chance of surprising to the upside for once - I'm still a (lonely) buyer of the stock at these levels. No matter management's shortcomings, lingering war, and dire market conditions for Anglo-Israeli smaller caps, this share price is just too cheap.
Posted at 20/6/2024 14:22 by fse
I have to go back a long time to remember any time I have seen an investment behave like this. Once was in the 2000 tech collapse where good and bad investments went to the wall largely because investors were running scared of the entire sector and any company that did not have adequate financing could not raise cash and was forced to close shop.
There have been instances like Proteome sciences PRM that I invested in but bailed out of before it crashed as the company was unable to convert the science into a saleable product. Ironically though they are still in business but the share price is a fraction of bygone times.
BATM has accredited positions in 3 different sectors. Edge computing, Medical diagnostics , Cyber. These sectors are all "in favour" areas for investors.
BATM has plenty of cash and has developed its IP in house and has not had to go to shareholders for cash.
Companies like BATM ought to be popular in times like this as they are defensive stocks as they are unlikely to get forced out of business due to the above parameters.
So whats gone wrong?

The share price slide started some 3 years ago before the war etc and has been in a relentless fall ever since. BATM market sufficient legacy product to keep their head above water and support their R&D.
The "new" stuff is yet to really gain traction from a sales perspective.

Edgility and Edge computing is a very real improvement that companies will adopt. Edgility has had all the good reviews and done all the trade shows even won some impressive business from Cemex to 911. Telco systems has struggled since they took it over and other than a brief moment of glory when they supplied Nokia its been an abject failure in the sales department.
Conclusion Edgility have the product but they clearly can not sell it, they need a close association with a major player and I can not believe they can not find one.
My own view is that they are making a first class mess of this and are wasting their R&D lead time.
Telco systems is hopelessly non managed.

Medical division are addressing a key area in the detection of infectious diseases and Adaltis has been doing a steady business. The issue here is that they are a minnow in a field dominated by large drug companies with enormous resources.
Still its not as if they have no business but their sales growth is anemic.
They do have a large investment in ADOR but then they have invested significant funds in other areas that they have been unable to convert.

Cyber has been a solid performer for them with the IDF contract. Here again we see the same pattern . They were supposed to develop a commercial platform for business. They have cyber bundled with Edge solutions. But where are the sales other than the Israeli military.

OK so we have 3 areas that they have all the right products yet their sales are lacklustre.

BATM brought in a new CEO and went about a restructuring plan to ensure they were more proactive in getting across the line so to speak. This clearly has not worked and enough time has gone by for investors to want to see some results we are not in this to lose money.
The listings fiasco has not been sorted out and management are taking a very cavalier approach with Investors expecting them to believe what they are saying. BATM have created a credibility problem for themselves which was entirely avoidable.

I am assuming that BATM connect with their potential customers the same way they connect with Investors and they are making a complete mess of this.
What we have here is a company with simply massive "potential" that as car1pet might say could not run a chip shop and I dont mean the silicon variety.

I value the company in the 150p to 200p range (no war) 80p to 100p (given the present state of the conflict)
Management need a very serious boot because they are clearly not communicating.
I believe BATM should provide a current update on the business to Investors given the extreme falls in the share price.
Posted at 17/6/2024 14:29 by kooba
That is all rubbish and an excuse.They are in business they get contracts ( hopefully) that is what shareholders should expect them to do..they have guided on further take up of Edgility ..so it is part of expectation.They have guided to some M&A in terms of selling no core businesses..fine go sell some..but they are fully free to deal n the shares unless there is the real certainty of a transaction.Same with any acquisition.There is no reason the directors have not been able to deal after the results and are not a in a lose period now. They just don't want to risk their own money...an awful sign when the shares have fallen so far and the executives say they are cheap. Money wear mouth is time.The end of the half year is in 2 weeks and little has been delivered. The share price is moving against the sector and Israeli indices .the share price here is normally correct...we just find out why after the falls.I doubt trading is good or anything positive is happening in the background I'm afraid. The share price is telling us so.
Posted at 12/3/2024 12:40 by gbenson1
Personal I think the company are running a tight ship in testing times, as a genuine investor I want to see a well run company with an increasing share price BATM has a large Spreadex 3%+ short and I guess others, on the company, and you can see them daily keeping the share price suppressed, no matter how well the company do they've got their hand tied behind their back. I'm sure the company although not admitting to it keep an eye on the share price I believe in restarting the share buyback will help to decrease the amount of free shares in circulation and increase the share price over time, these shorts need to have their fingers burnt big time!!
Batm Advanced Communicat... share price data is direct from the London Stock Exchange