Batm Advanced Communicat... Share Discussion Threads

[landskermichael] 10/5/2022 11:00

hxxps://simplywall.st/stocks/gb/tech/lse-bvc/batm-advanced-communications-shares/news/does-batm-advanced-communications-lonbvc-have-a-healthy-bala

[landskermichael] 10/5/2022 10:08

I predicted a few months ago that this would fall into the 30 s , I'm buying now , the fall seems caused by a mixture of things , probably manipulated down for the benefit of certain groups , I don't trust the market makers , anyway I'm happy to load up at this price

[emeraldzebra] 10/5/2022 08:52

Unless i have missed something - deafening silence from Simon of IC. Wonder what his take on it all might be....

[kooba] 10/5/2022 06:45

Although i don't see any conspiracy..if the company was active in exercising the share buyback it might stabilise the price and give confidence to some weaker holders to hang in during these troubled markets. Unfortunately although volumes are not heavy there is a constant slippage of stock from holders and a lack of ongoing buyers as the share price currently demonstrates little support and their faith is tested.If they do not intend using the share buyback authority for any reason..they should explain...or they should start to get busy as they saw it as value enhancing above 50p..below 40p must be a steal !

[kooba] 10/5/2022 06:21

3rd Feb board approvalThe Group has a strong balance sheet and the Buyback Programme, which would be funded from the Group's net cash position, forms part of the Board's broader strategy to deliver shareholder value. The commencement of the Buyback Programme is subject to the approval of shareholders at a general meeting to be convened.17th March shareholder approvalResult of General Meeting BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that at the general meeting of the Group held today, the resolution was duly passed. 4th April exercising buyback authorityFurther to its announcement on 23 February 2022, BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it purchased 200,000 ordinary shares of NIS0.01 each in the Company ("Ordinary Shares") via the Company's broker, Shore Capital Stockbrokers Limited ("Shore Capital Stockbrokers"), as detailed below. The repurchased Ordinary Shares will be held in treasury. Date of purchase: 1 April 2022 Aggregate number of ordinary shares purchased: 200,000 Lowest price paid per share (pence): 52.2 SubsequentlySounds of Silence.

[kooba] 10/5/2022 05:10

This does not address the forecast eps it merely strips some one offs out of last year. If you are saying 3 c is a clean figure how come it drops to 1.7c current year? This was produced in Feb but i believe is still forecast for current year. 2019. 2020 2021 2022(f) 2023(f) Adj. EPS (cents) 1.0 2.3 3.0 1.7 2.8

[fse] 09/5/2022 21:44

QQQ's are down 25% since the start of the year thats obviously not helping the situation. Israeli tech is worse.
Regarding kooba comments on non repeatable income. BATM are very careful in their year ends to make note of this and for 2021 year end they showed their results with and without the ventilators and NG soft disposal. I would nevertheless expect BATM to dispose of more holdings over the next 2 or 3 years so whilst I agree they should be kept in context it is an ongoing cash injection which strengthens the company.

Added...apologies forgot this ....here is the breakdown with and without the one offs.

Valuation. BATM.
P/E Ratio (TTM) 14.83
P/E Ratio (including extraordinary items) 18.27

Would be helpful if we got some feed back from Ador, and that the company start the buy back at these levels that would soften the blow.Its also worth mentioning that the dividend in relation to the share price has a different look to it for those buying at these prices.
Honestly overall in spite of all the background hiatus of unrelated events the share price is still wildly oversold. IMO.

Maybe a spell in a monastery with some sack cloth and ashes might help.

[kooba] 09/5/2022 17:54

This might still be very cheap if growth comes through on a number of fronts..or the company engages is maximising valuation through corporate means. But as with Ador valuation i think it best so have some accuracy in valuation techniques.

[kooba] 09/5/2022 17:51

The historic earnings were somewhat flattered by the profit on disposal of NGSoft weren't they so using that for pe purposes seems unwise as a significant portion of income was not repeatable. Looking at a Shore capital note from Feb they were (not sure if they changed on results) forecasting fully adjusted 1.7c for current year ..ie 1.4p so my reckoning is forecast pe is still nearer 30. If I'm wrong happy to listen as to why.

[oakville] 09/5/2022 16:41

PE now 15. share price less than 40p to buy. I am buying tomorrow.

[mcmather] 09/5/2022 16:38

"strategy to deliver shareholder value" !!

[dds14] 09/5/2022 16:30

How much lower does this need to go before people start doing their jobs which they are being paid for?

Or get out of the way so others can...

[oakville] 09/5/2022 16:00

Deffo buying in the 30s !!!

[dros1] 09/5/2022 15:58

thanks FSE i meant this report
ishiftytherat.blogspot.com/2022/01/batm-advanced-communications-magic-life.html

[fse] 09/5/2022 15:09

No change here and whilst this may have made a minor difference some time ago it in no way explains the consistent selling day in day out.

[dros1] 09/5/2022 14:42

Please have any one hear a link or copy of the last short report ?

[fse] 09/5/2022 13:25

Clearly something is very wrong here and I agree with GB comments that there has been persistent unexplained selling on here for several months and it shows no sign of abating on LSE or TASE.
I have, as many of you know, followed this company for a long time and can usually explain the vagaries of whats going on at least to an understandable viewpoint.
I don't always get the timing right but have range traded these shares effectively for many years.
What bothers me is that, whilst I could see the reasons for the share price getting spooked fairly or not, at these levels they are a fundamental buy that the market is not responding to. I can understand to a degree the share price getting walked down on low volumes.
The volumes have been so low that only a small % of the company has actually changed hands over the last 6months and with the lack of momentum and no new buyers the share price can slide.
Slide is one thing but these have collapsed.
At these levels you would think someone would make a major play for this company.

[kemche] 09/5/2022 11:36

Another religious holiday in Israel?

Anyone else in IES?

[gbenson1] 09/5/2022 11:03

I'm too old for Golf, retired 64 year old ex Royal Engineers SSGT.

[echoridge] 09/5/2022 10:20

good luck with your handicap, gb. And your golf game

[gbenson1] 09/5/2022 09:22

Hi echo sorry I don't conform & agree with your theories, you mention the shorters may no longer be around, well who the hell is dumping shares again today! £1.20 to 45p in over a year, please don't mention the tech sector sell off or market downturn, someone has been selling these shares daily for the last 6 months long before you started posting as the sage of BATM, have a great day, nice and sunny in Golf Del Sur, Tenerife.

[kooba] 08/5/2022 09:10

Clear run to 5th June!!https://www.tradinghours.com/markets/tase/holidays

[kemche] 07/5/2022 19:05

Like CHLL.

[echoridge] 07/5/2022 18:29

yeah, but most times its just a share price