Batm Advanced Communicat... Share Discussion Threads

[spekky] 21/10/2017 10:26

It would definately be positive if Intel Capital were the buyer or the owners of Arm.....(Softbank).

Edit ....James Dean that is Chitayats purchase from last November.

[james dean] 21/10/2017 08:59

Here is one of them:



''''''''''''''


Regards.

[fse] 21/10/2017 01:32

Well someone is buying them !
Monday may tell a diffent story. Still something’s happening

[vago] 21/10/2017 00:50

My guess is Polar Capital selling there 3%

Vago.

[dibbs] 20/10/2017 21:53

Agree cumnor, you don't usually see this sort of price action and trades without something significant going on in the background.

Dibbs

[cumnor] 20/10/2017 21:42

Most of those trades have not gone to PIs-something is up-and being able to offload 10ml shares since AGM-clearly to a willing buyer-at above the average price for the past year is very positive imo.

[dibbs] 20/10/2017 21:37

BarrieB,

I'm not that well versed with the specifics of BVC these days but the price jump and high volume at a lower price look like an overhang of stock is clearing or has cleared. The price has broken out and now closed for a couple of days at this higher level.

BVC has traded sideways for around 6 years now and has suddenly broken out. Some argue, the longer the period of sideways trading the more powerful the breakout when it occurs. I joined the party this morning and am hoping this to be the case. First bought some BVC back around the millennium so a bit of a trip down memory lane for me!

Dibbs

[barrieb] 20/10/2017 18:19

Gerihatrick
Thanks for sharing the view from the other side of the coin, it was very interesting but I stick by my point of view and some institutions must have had second thoughts about it as well although they would not admit it when asked.

Now we are seeing many multi million sells coming through at 19p just as I thought we were on a breakout, so I am hoping the big seller has not been put off by Zvi trying to milk the cow before the baby is up and running as it surely cant be the recent company progress that has suddenly made then decide to sell!!

AIMHO

[the crypt] 20/10/2017 11:38

lol - lolo lol lol

[latifs100] 19/10/2017 20:07

any cash to return to shareholders?

[vago] 19/10/2017 19:01

2.6 million shares today

[mr hangman] 19/10/2017 16:31

We have a breakout, wonder if Simon Thompson (IC) has mention them again

[jestercat2] 19/10/2017 16:19

SP moving fast now

[phda] 19/10/2017 16:11

A nice little rise today.

[fse] 19/10/2017 15:32

Yes echo that. Thanks to Geri for the background info from the AGM.
It would take very little for BATM and Telco systems to get back into growth mode given their present turnover. They are playing in a field of $bn companies.

[spekky] 19/10/2017 12:13

Gerihatrick......thanks for posting here (saw it on "eyes")

[gerihatrick] 19/10/2017 11:08

BATM AGM 18/10/2017

Just my impressions so make your own decisions. I will address the options issue first. This was rejected. There was a debate around this and the debate was wide ranging. The UK is currently scrutinisng executive salaries more and I asked had they discussed it with the institutions before making the resolution and what was the support for that. The answer was 75% for and 25% against. As a very small player I have to respect the views of the institutions. The CFO had discussed it with the institutions and also KPMG. The option were set at the current share price and activated after 24 and 36 months. I suggested that I fully supported options but why not action them at a higher share price when targets have been achieved. Dr Zvi Marom then replied and said he feels that it is easy to get an share price up by selling valuable assets/intellectual property and people are tempted to take the short term approach rather than grow the business and let the share price look after itself. The company has no debt; has not come back to shareholders for funds; the salaries of staff is low by international comparisons and he has not taken a pay rise in 12 years. He travels economy; does not have a car allowance and wants the team to have genuine performance parameters rather than the machinations of playing the share price All R and D is carried out from revenue and has never been capitalised. All excellent points imo. The fact that most staff are in Israel rather than the UK or the US is another factor. I am sure this issue will be resolved and I felt it was a useful discussion. It will take him from 23% to 24% which is not a lot in the scheme of things and the company has been his baby.
Xvi then went into his summary of events and started with 2007! The mobile phone was a phone and little else. It was hardware driven. With the introduction of the smartphone-in 2007 the world changed. The smartphone is a computer with a phone app. The software is the key not the hardware and the process is customer centric not network centric. BATM has been developing its telco side along these lines while companies like Nortel and others have fallen by the wayside. BATM has at least survived! The recent RNS talking about the collaboration with ARM is an example of that. They have been working together for a year and their software on the ARM processor means that software can function on any hardware. Not Intel centric on Intel or ARM centric on ARM. This app allows any software on either processor. ARM is more cyber secure than Intel but less software can run on it. Intel is less cyber secure but can run more software options. BATM is now in discussion with both after the Exhibition in Amsterdam last week.
The second element to all this is cybersecurity. It is a strategic issue not just a “defence”; issue. Cyber attacks are the new Bonnie and Clyde. The software sits on the junctions of the company/country̵7;s networks. The parameters are then adapted to the needs of the particular organisation and the systems are all monitored. It is a “cyber Interpol” concept. Thy have had a range of “Proof of Concept” (POC) trials running. They have signed a major project for this recently with a government. They have just won a POC contract –for which the potential purchaser is paying them -$350K -to do this and from that a contract may follow-another government-European-it takes about 9 months from POC to contract. I certainly came away with the impression that Dr Marom was pleased with the way this aspect of the business was developing. Most of the available time was spent on this as opposed to the Bio Medical side of things. Having said that he explained the development of that aspect by explaining how they started in the distribution side of products and then moved to the services side of things with the focus on genomics. This has resulted in AMUR-the Diagnostics side and is all about molecular biology. The plan is to supply equipment and the test kits to 10 internationally recognised units across the world and use them as the pilot/reference sites for the expansion. All done within internal funding. There was more covered but I hope this gives you the major elements of the meeting
It was also pointed out that Israel has a higher GDP per capita than the UK and the basis of that is their science and tech industry. Worth noting. BATM has over 1000k scientists/engineers and he is clearly proud of what they achieve.

[fse] 18/10/2017 22:38

>Barrie..... thats about my take on the matter. It was premature to push for an incentives settlement albeit not particularly detrimental in itself, but as you say shareholders want to see performance in the bottom line. The timing was poor and ill conceived.
I also agree that the company does appear to have massive "potential" ;-)

[barrieb] 18/10/2017 20:44

At last some common sense, I feel vindicated now and I am sorry you all had to put up with my rants!!!!!!!!

Perhaps we can move on now and perhaps the weak lily-livered drooling remuneration committee members who approved this for voting on will have the guts to bring him to heel next time he puts them under pressure to approve an action that they must surely know is just excessive greed and not in the best interests of all shareholders.

When he has made his loyal share holders some decent money perhaps we may feel differently although why he needs even more of a stake in it is beyond me.

Perhaps this may focus his attention a little more and we may all benefit from the massive potential this company has over the next few years.

Good luck to all share holders as it looks as though the latest RNS is having a positive effect.

AIMHO

[spekky] 18/10/2017 15:33

Well it looks like the shareholders have sent a clear message to Zvi.

[fse] 18/10/2017 15:33

Ordinary Resolutions
1. To receive, consider and adopt the Company’s audited annual accounts for the financial year
ended 31 December 2016 together with the directors’ report and the auditors’ reports on those
accounts.
2. To approve the report of the Company’s Remuneration Committee for the financial year ended
31 December 2016 together with the auditors’ reports on the auditable part of the
remuneration report.
3. To appoint the auditors of the Company (Brightman Almagor Zohar & Co., a member of
Deloitte Touche Tohmatsu Limited) as external auditors for the 2017 financial year and to
authorise the board of directors to fix the auditors’ remuneration for the period.
4. Election of directors
To re-elect the directors mentioned in section 4.1 - 4.3 below for a one year term until the next
Annual General Meeting of the Company (Note 1):
4.1 Dr. Gideon Chitayat;
4.2 Dr. Zvi Marom;
4.3 Mr. Moti Nagar
5 To approve the Company's revised remuneration policy for senior executives as detailed in part
1 of the Appendix to this notice of the AGM (note 2).
6 To approve the grant of a long-term incentive package (options) to the Chief Executive Officer,
Dr. Zvi Marom, as detailed in part 2 of the Appendix to this notice of the AGM (note 3).
_______________________________________________

[fse] 18/10/2017 15:28

BATM Advanced Communications Ld Result of AGM

18/10/2017 3:22pm
UK Regulatory (RNS & others)

BATM Advanced Communications (LSE:BVC)
Intraday Stock Chart
Today : Wednesday 18 October 2017

Click Here for more BATM Advanced Communications Charts.
TIDMBVC

RNS Number : 9888T

BATM Advanced Communications Ld

18 October 2017

18 October 2017

BATM Advanced Communications Limited

("BATM" or the "Group")

Result of AGM

BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that at the Annual General Meeting of the Group, held earlier today, resolutions 1 to 5 were passed and resolution 6 in relation to the grant of options was not passed.

[nimrod22] 18/10/2017 12:51

Looks like a breakout is occuring

[spekky] 17/10/2017 18:01

Can't help wondering why they flagged it as "European".....when they have always generalised .Are they simply saying it's not USA or Isreal.....? ie. Their offering has worldwide appeal.

[fse] 17/10/2017 17:24

AGM tomorrow. I doubt we will hear any further information as to the current state of the company or expectations they will just pass resolutions etc. We may get a brokerage feed back meeting after the AGM.
The POC contract ought to yield revenue over time. They have a couple of these out there at the moment and did receive some $4 to $5 M initially from a defence contract.
Its not big money at the moment but this is another solution that can be integrated into more complete offerings. Its progress ! maybe with a small "p"