Batm Advanced Communicat... Share Discussion Threads

[fse] 25/8/2015 18:26

from iii not that it matters .....one other comment was to sell and buy back at 11p. Not heard really any reaction to this last set of results other than snoring and yawning.... but fwd looking statement OK and set to meet year end mkt expectation whatever those are... (maybe jd knows what they are expecting ?)

iii Buy Results as expected
vago
Very positive going forward,medium to long looking good.

[james dean] 24/8/2015 18:40

Regards.

DYOR

[cumnor] 24/8/2015 16:19

Thanks for your analysis, FSE. I think you understand these things better than me-I go on instinct. Interesting to see how the volume closes out to see if there was some big sells earlier. imo

[fse] 24/8/2015 15:41

Had a chance to look over the statements and would broadly agree with cumnor comments above. The reason I was not expecting a strong set of results was that we are looking at lagging numbers from past sales and not the current position.

The currency impact was unfortunately expected and whilst I agree it sounds like a major yawn it is effecting any business dealing in currencies (weakening) most significantly against the USD and GBP ... its not really so much a matter of these currencies weakening but the USD strengthening which it has done by some 30% in the period. This is completely out of their control......

What was to like in the medical division was the increased sale of reagents against a stable operating cost which in turn produced better operating profits. I mentioned the beneficial outcome of this quite some time ago so its nice to finally see it "in the bottom line" for the first time.

The company reiterate that they will hit year end results in line with market expectations whatever those currently are..... this all gives credence to managements comments that the business has been finally turned around.

The Celare information was positive but markets already knew about this.

The Israel infrastructure project appears to be some what back on line again with less vitriolic language being bandied about. This was IMO a very unwanted set back so lets hope common sense has returned. Its an important underpin for the Telco Division.

Little specific mention to the progress of uptake by Telco providers to SDN but we have been receiving general updates throughout the year.

My final take on all of this is that the results are roughly what I had expected albeit I had hoped they would do a little better bottom line. I see little material risk in holding at these levels and would say that the share price weakness against an improving business provides a longer term buying opportunity.

[cumnor] 24/8/2015 08:26

Strangely, this could be blue in a few days. Most positive (un-negative) statement from them for years and prospect of China sales understated along with new disruptive tech could be winners. Currency affecting every listed company and a non runner here as costs are local by and large. New cautious but matter of fact tone and fact directors hold big and have bought, along with this being the first time outlook maintained for years with cash cushion means for first time for a long time after results I am not even considering selling. Short term movements of no relevance to me for this reason. imo

[spekky] 24/8/2015 07:36

The currency excuse is wearing a bit thin now,but this was interesting....

" the Diagnostics business is developing a new disruptive technology introduced in the US. Still in the early stages, patents have been granted and research grants have been received "

Let's see what happens.

[rawdeal1] 21/8/2015 23:14

Blue in a sea of red .... Hope Mondays message is good, otherwise there will be a marked correction.

[fse] 11/8/2015 20:48

I figure results will disappoint but we can hope for some decent forward looking statements. All IMO.

[fse] 10/8/2015 15:37

Article posted by rt well worth reading and it does sort of confirm our view that there is plenty to play for but migration to these systems still a year or so away.
At these levels though the company is becoming attractive again....

[spekky] 10/8/2015 06:07

Cheers reeltime,positive vibes from that....

[reeltime] 09/8/2015 22:32

This article is well worth reading with Telco Systems Gal Ofel:

"In the last few months, we’ve launched quite a few proof of concepts (PoCs) within our telco operator customer base — mainly in Europe and Asia. And I must say that things look very encouraging. We expect to have our first deployment by the end of the year and we’re also very hopeful the business will really take off in 2016 and 2017".

[fse] 08/8/2015 13:37

Post edited....
The long term chart for the early period is extremely misleading but suffice to say they were a heck of a lot higher then on less than half the revenue they have today.
The rise was on the back of the photonics switch T8 which was never successfully marketed.I held the shares back then and sold a lot but bought back in 2003 at 13p

added..... There were some 40,000,000 shares in issue pre split so if they were 70 GBP that would have valued the company at 2,800,000,000 Pounds on a turnover of some 40M Pounds.
BATM was a proverbial ten bagger for me back then not a 100 X.... whatever !
They bought Telco systems in 2000 for @ 100M Pounds

[vago] 08/8/2015 10:16

FSA They went to over £70 per share before the 10-1 split, which is why it shows 700p on the long term chart.

[reeltime] 07/8/2015 22:53

Last year the interim results were out on the 7th August, so far no notification of when they are due? Instead they announce the forthcoming AGM....seems a bit odd
to me.....still very happy with the progress of the share price, hope it continues.

[fse] 07/8/2015 18:59

Agreed spekky there is now much more to play for here and medical is by now 60% of revenue. The Celare contract was unexpected great news.
The other components of the medical arm looking solid.

It was managements initial stated interests when they started the medical arm that they were doing this to iron our the unpredictable swings in the Telco side of things. Its looking now as if they were correct but its hampered profits in the interest of refocussing.

Interesting times ahead....

[spekky] 07/8/2015 16:56

FWIW I Think they are much better placed now,much less a one trick pony.You don't need much imagination to know what would happen if Celare won another cyber security contract like the recent one......There's a huge market for reagents and diagnostics and definitely don't write off the medical waste business.......imho this is likely to shine very brightly........SDN is a hot topic but I agree it might take a while.

[fse] 07/8/2015 16:22

I don't think the markets will bid this up much anymore on potential as I have been saying. @5yrs ago they tested 30p but could not hold onto it. You have to go back to 2008/9 when they closed in on 60p.
Historically they have been as high as 70p (allowing for the 10:1 split which is confusing on the long term charts as it shows 700p)
What remains attractive about BVC is that they have plenty of cash in the Bank and own all their real estate plus some IP
They don't have to set the world on fire to do very well but uptake of SDN could be laborious so the Telco arm could remain medium term disappointing until this takes off.
I rate them as a current HOLD.... all IMO

[landsker] 07/8/2015 15:55

i expect this to hit 30p within the next year

[barrieb] 07/8/2015 15:12

Eye eye it seems we have someone wanting stock!

Could this be the start of an share price recovery?

[fse] 06/8/2015 15:50

I would not get too excited just yet as the company needs to report a period fully in profit and robust future guidance before they are going to move too far.
They are only cheap on potential not fundamentals.
18p has always met with stiff resistance
Still I have no crystal ball and a strong announcement on an SDN contract win will change the picture dramatically...
i.e. It very well could happen but if not the shares are fairly priced IMO

[lfc4ever] 06/8/2015 11:53

looking rather promising here. breaking out of the top of the very long term down trend.
sp targets anyone?