Batm Advanced Communicat... Share Discussion Threads

[james dean] 01/4/2022 19:23

Enjoy your vacation FSE.

[fse] 01/4/2022 16:50

pockstones... you said
"Or am I missing something"

Really !....

"A brain " perhaps
any other suggestions.... have a good weekend....

[pockstones] 01/4/2022 16:01

I find this board fascinating, any mention of the Shifty the Rat short allegations seems to be deleted. This echoes the response by the company yet it does not answer the fundamental questions that it raises about the integrity of management.
Not answering suggests that the allegations are true which leaves one asking why if that is the case should one trust anything else about the business.
Or am I missing something

[fse] 01/4/2022 15:45

Whats it all really about.....and what the market does not appear to have wised up to.
You have to look back a bit to see whats been introduced and where its heading.

One of the drawbacks to BATM in recent years following the Nokia collapse was that time was needed to get their largest holding Telco systems back on track after a technological swing in the market that left so many major Telecom companies completely wrong footed.
Apple didnt just change the mobile phone market device wise with touch screens , they changed its entire use and application. Suddenly you could access your office files from your device. This is a paradigm conceptual shift.
So much of the early days was about hardware, internet and processor speeds
BATM were early to embrace the concept of cloud computing which gave the undeniable benefit of being able to retrieve your files on any device anywhere there was an internet connection. Software providers had to scramble to lodge their applications online without the traditional CD and large memory demands to install the works on each device something that today we look back on as "in the past"

Telco systems embraced the cloud and realised the need for NFV solutions to allow this all to run seamlessly across a myriad of existing devices, NFVTime. Cloud and Edge computing compliment each other but Edge solutions deliver one paramount advantage. They cut latency which allows everything from SOHO applications, medical robotics, driverless cars to function in real time.

Our world has changed with the pandemic and now this thankless war forcing us to rethink how we even carry on. Its not business back to usual.

Recently Marom has been commenting about the synergies between Telco and the Medical division that would not really have existed before.
Ador are about to announce an entirely new diagnostic platform utilising RCA that will identify known pathogens and match that with an appropriate treatment.

These are all machine driven solutions with advanced AI that require little from the operator as those with any clues are in seriously short supply with demand going through the roof. The world does not have enough sufficiently trained people so we need IT to assist us in an ever more dominant fashion. This sparks off another debate but progress is unstoppable so we better figure out how to manage it.

There is a lot of peripheral action going on like Starlink Satellites, 5G and advances in AI propelled by hybrid self learning algorithms.
Climate change is also pushing this change as the cost and consequences of travel can no longer be ignored.
Cyber has to be incorporated not bolted on.

From an investment point of view BATM is actually making money from its existing line up of whats available now. Edgility and RCA diagnostics are just beginning.
The market really has not woken up to this
"never underestimate the power of idiots in large groups'

My weekend comment FWIW... off for a month in the sun I think ! Hope others are enjoying some relaxation of restrictions.

[picsous] 01/4/2022 14:56

Oh look, we're heading back into the 40s, what a surprise.

[car1pet] 01/4/2022 12:07

Each to his/her own

[emeraldzebra] 01/4/2022 11:54

Car1pet. You are mistaken I think. Echo’s contribution has been a hugely valuable addition to the board, and on level par with the resilience of the inexhaustible FSE.

[cumnor] 01/4/2022 11:29

Bit uncharacteristically impetuous of you, carpet????

[car1pet] 01/4/2022 11:25

I can't read any more posts from echoridge so he/she is now blocked

[echoridge] 01/4/2022 10:46

Thinking about your last point, cumnor, I'm not so sure I agree. Clearly BATM management feel their share are materially undervalued and therefore I reckon they're quite comfortable that using free cash to buy back shares up to a quid or even higher provides them a return on equity in excess of the cost of capital (not a trivial concept as Warren Buffett would often use to partly explain why he resisted buying back shares for so long). In other words, I reckon they're largely neutral on whether they pay 52 or 82 at this point as they have committed to a daily size and price relative to the day's prevailing VWAP. So all in all, I think I'd rather see the share price rally on 'normal' supply-demand first, knowing that there will a very reliable buyer at the higher levels stretching out into the future, notwithstanding the obvious fact that the Company will get a somewhat 'worse' execution. Anyway, that's just a bit of frivolous speculation. Let's get this thing started and worry about the details later!

[echoridge] 01/4/2022 10:35

yes it is, cumnor and you're quite right therefore regarding insider information. Of course however, the key phrase in your post is 'once instigated.....'.

[cumnor] 01/4/2022 10:31

Echoridge, once instigated, is the buy back not done at arms length from the company so any insider info should not influence how the brokers go into the market to purchase shares? I share your view the company is undervalued by the London market-which across the board seems to be in decline and lacking good institutional support re relative valuations of even its bigger constituents compared to US and European peers, but i'd be happier to see BATM buying shares in the low 50s han later at a higher price.

[echoridge] 01/4/2022 10:17

yes whizz, I know BATM are main market, but the comparison to the trading in even the best AIM names is completely apt: Under-researched, under-owned (sorry, by quality institutions), over-traded (by too many small shareholders), and thus under-valued. ie., as far as the variables that are important to our share price, BATM might as well be listed on AIM.....

[echoridge] 01/4/2022 10:11

In that case Emerald, since otherwise harmless charts make you jittery, I'll give you something to balance out that irrational fear - admittedly something pulled straight from my pleasure centre and something shamelessly promotional (ok, maybe more like ramp-y) - A possible reason why there is a (slight) delay to the buyback launch....[Health warning: wild, positive speculation approaching] : Because the Company have some new, significant news developing on the level of the NEXCOM announcement (or better) and they are waiting to be able to RNS it before starting a process which will see them as a material buyer in the market every day, in order to avoid the appearance of even a scintilla of inappropriate behaviour. See? No more chart jitters.

[wizzkid211] 01/4/2022 10:10

I too have a good fertile imagination for the last 22 years...!
BTW BATM is not in AIM, been for years main market.

[emeraldzebra] 01/4/2022 09:51

Believe me. I have a much more fertile imagination than most. And luckily quite well equipped on the patience side too. All in all - well prepared for the long haul! Must stop looking at jittery charts.

[echoridge] 01/4/2022 09:42

I'm sorry emerald, but I have to think you don't have much of an imagination. I'm sorry, but if you think THIS name is agonising, then its clear you don't own pretty much any other AIM stock. The waiting game for the launch of the buyback is frustrating, even irritating, but compared to owning the average AIM small cap right now, BATM is practically Apple.

[emeraldzebra] 01/4/2022 09:19

It’s difficult to conceive of a more agonised turn around. But perhaps the signs are there.....

[echoridge] 31/3/2022 14:53

fse clearly understands the science better than I do, full stop, but I am studying hard to try and catch up. Meantime though, I understand enough to know that this is one of the only names in the small/mid cap market that is materially profitable, has net cash in the bank, with 3 or 4 quality businesses, trades at a fraction of its breakup value, and in addition(!), has a suite of near-and-medium-term catalysts to help unlock that value.

[the crypt] 31/3/2022 12:42

You are the most knowledgeable person on this board with the exception of one particular individual- FSE.

[echoridge] 31/3/2022 06:44

cumber - first off, they can't buy just any amount they feel like, let alone 2-300k per day for chrissakes. How many times do I have to explain that there are specific limits on a company when they are in the market buying back shares so they are constrained from creating a false market in their own shares. In this case, BATM must hold to doing no more than 25% of the daily volume, as I have written now a half dozen times. Since the stock rarely trades over 1m shares, the first part of your lament is just baseless. As for your impatience as to the start date, all I can say - again - is be patient. Permission was just granted a few days ago and I am certain the Company will engage the buyback soon. Overall I obviously agree that once the Company does so, it will have a material impact on the share price of course, as I hope I have already demonstrated in past posts.

[cumnor] 31/3/2022 05:43

Agree Crypt. Can't see why they don't start buying 2-300000 shares a day at these prices. Will not materially affect the share price but over time will absorb much of the float being off loaded by strapped and nervous PIs. As Fse has pointed out there is not a huge free float and most shares are tightly held. Why are they waiting?

[the crypt] 31/3/2022 00:19

We need sustained buying to commence - that's it - no more excuses - no more theories - no more excuses - no more cheese puffs!