Batm Advanced Communicat... Share Discussion Threads

[kooba] 14/6/2022 07:26

It was posted as a question not a point of fact. The company has indeed made a previous distribution as a dividend so got round the accumulated losses..whether there is a difference on a dividend and a buy back under Israeli regulations I'm unsure.So dyor as i might be barking up the wrong tree.

[dds14] 14/6/2022 07:09

Staggering incompetence of the highest order sums it up.

[fse] 13/6/2022 23:07

The point of the you tube video is that it comes with Advantech logo it’s all gone from “enabled”; to “pre loaded”. There are likely cyber Bolt ons
And then there are the likes of clavister and PCCW Global
To name few
Also I am not aware of anyone integrating Arm and intel UCPE.

[kooba] 13/6/2022 21:36

To be fair looks very interesting ..though almost slightly easier to follow on Jan press release. Their partner is proper and global , their involvement gives Telco a real opportunity for rapid expansion. Always difficult in these things in looking at a product or service in isolation without knowing the wider market , competition and products. But the partner gives confidence.Wonder if Telco Systems might be of interest to multi B cap Advantech under one roof!?Our enterprise and service provider customers are looking for cost-effective ways to simplify the deployment and management of edge devices at scale," said Magic Pao, VP Cloud IoT Group at Advantech. "We are confident that this ready-to-deploy solution, combining our hardware with Telco Systems' edge compute software, will facilitate our customers' transition to flexible, efficient, and automated edge device management."Advantech said it saw May sales from North America, China and emerging markets rise 41%, 24% and 18% respectively on year.Advantech said its production base in Kunshan, China, had been temporarily closed due to COVID lockdowns until operation was resumed in mid-May."Todayhttps://www.digitimes.com/news/a20220610PR200.html

[wizzkid211] 13/6/2022 21:36

Industrial Cybersecurity Market is Expected to Reach USD 26.92 Billion By 2030

[kooba] 13/6/2022 21:00

The Crypt posting rubbish since 2003. Enough already on ignore where you deserve to be you saddo.

[the crypt] 13/6/2022 20:57

Kooba is an idiot

[fse] 13/6/2022 20:32

try agreeing with this !
Offered since the start of the year

[kooba] 13/6/2022 17:07

"kooba...how about some comments on what the company actually do rather than contradictorily arguing with everyone. You never agree with anything, even if I feed you back something you said earlier ..you still disagree."I disagree !

[kooba] 13/6/2022 17:05

My take is it is quite possibly regulatory ..which should have been clarified to the market imo if the case..so perhaps maybe not as it is now over 10 weeks since the market purchase of 200k.However if they are unable to execute buy back they sought and received shareholder approval for they better explain sooner rather than later.A corporate transaction seems more likely , privatisation , demerger , trade sale and the like , many are looking at how they can reshuffle the pack and try to create value , many sooner or later will look to take advantage of the weakened valuations to try to privatise. The other corporate transaction could be that BATM have entered negotiations to acquire something.One thing it seems many agree on seems to be that after 3 months of approval at GM perhaps the company could update if there has been a change of strategy around the buy back. If it was in shareholders best interests then why is it not now?

[fse] 13/6/2022 16:57

kooba...how about some comments on what the company actually do rather than contradictorily arguing with everyone. You never agree with anything, even if I feed you back something you said earlier ..you still disagree.

[kooba] 13/6/2022 16:35

Rude lad..god give me strength with these numpties. You try and school them..what do you get?"Good news or possible contract negotiations with a client would most certainly hold up a share buy back."Nope not until they know something will be signed which would be a short period before closing deal... then would have to be announced if a relevant sized transaction...they are I hope in constant negotiation and talking to prospective clients..they can't be restricted forever!

[fse] 13/6/2022 16:11

BATM/Telco systems achieve licensing fees directly from the individual client of the supplier/provider in question.
To say that the SOHO market is hot is putting it mildly.
Everyone is plain not going back to the office and a low latency intranet styled environment is needed for them to stay working this way .....

[fse] 13/6/2022 15:55

Kooba give it a break you are a rude lad with an axe to grind. If you tried not attacking people you might get a better hearing.
The last set of results for the company were plain excellent and they commented that they have a full order book and a back log.
We are all trying to rationalize this published information with a severely depressed share price.
The proposed share buy back can not be initiated most likely due to restrictions on the company that are either good or bad. ie they are in price sensitive negotiations.
Bad news would be something along the lines of losing a major client or a profit warning.
Bad news seems unlikely and they would have to already announced it. Good news or possible contract negotiations with a client would most certainly hold up a share buy back.
There could be bureaucratic or formality issues with the exchanges but this would not prevent an explicatory comment from the company.
Once momentum is lost and uncertainty enters the fray share price can get hit unfairly hard even if there is nothing of any major concern.

[echoridge] 13/6/2022 15:43

read it all again, Donald

[kooba] 13/6/2022 15:23

You did say you would not comment on my posts in future..not very long ago. I am happy with what i post as it is fact based not wishful thinking. If you do not like it ..thats tough. Please honour your promise not to comment as i find your whinging very tiresome.If there are incorrect facts in my postings like calculations , or share holdings , or free float that kind of stuff do point out though...my opinions are however perfectly valid and just because you don't like them..doesn't alter that.Just answer one thing ..how the hell does running the idea of a tender clear any impasse. If a buy back can't happen nor can a tender.

[kooba] 13/6/2022 11:41

The small institutions are often just nominees on behalf of pi's as here with HL and interactive investor so it will be for underlying pi's to decide whether they tender all their holding at a 50% premium or not..knowing that after the tender goes through the shares will be no where near the minimum tender price suggested and there would be no on going buy back support. But sure some people might think nah I'll take that long term view and miss out of selling any and take my chances.Any institution that is actually managing outside interests ..again normally pi's, would have to think very carefully about acting in the correct interests of their underlying clients around a premium tender distribution if they openly do not participate. It really isn't a great idea for modest distributions...and i really cant see why any shareholder would be keen to opt out and see cash going out the business at an unnecessary premium. If they get their act together on the buy back then i think it will have an incrementally better impact on the shares medium term by buying the shares low in the market which is more earnings and asset enhancing , creating stability and giving share holders some confidence.

[kooba] 13/6/2022 10:17

As of 31 December 2021, to the best of the Company's knowledge, the following persons or entities had a significant holding of BATM ordinary shares:l Dr. Zvi Marom, the Company's CEO and founder – 21.97% l Lombard Odier Investment Managers – 26.83%l Herald Investment Management – 4.17%l Hargreaves Lansdown – 3.91%l Interactive Investor – 3.33%No shares issued sinceLO confirmed small increase to 28%So 1% out.The idea that only 25% of shareholders would want to apply at a 50% premium to market is quite a call !The free float is like 77% in definition..if you take LO into that then still leaves 49% free float by any definition.

[echoridge] 13/6/2022 09:56

Not on your numbers. However, my estimates for free float in BVC is as low as 25% between small institutions, a higher Zvi holding than yours and a higher LO holding by a few % than yours as well, none of whom tender. Add in the normal shareholders that aren't even aware a tender is available, some who only tender a part of their position, and then a fair assumption that the take-up in Israel will likely be lower than the UK as such capital returns are very uncommon/unpopular, and you get a return to punters tendering their entire position over here of above 50%+.

[kooba] 13/6/2022 09:27

Math again"... likely get the 55/60p on nearer-60%..So if the company has authority to buy back 10% of shares outstanding and LO 27% ZM 22% and likely random 5% commit not to or don't subscribe. Thats 54% who will not participate.Lets say the other 46% do subscribe and the buyback is still just 10% of the outstanding share capital.440m shares in issue. 238m not participating , therefore you get 202m shares in the tender against the44m buyback.I make that you would get 22% acceptance not 60% on this basis.Perhaps my maths is wrong?

[kooba] 13/6/2022 09:10

The accumulated losses can be circumvented by a capital reorganisation which would allow such a distribution, this however has not been done or explained why it is not a problem. To assume all has been dealt with when there is a clear anomaly in regulation around only being able to distribute retained profits is not how i approach these things and assume for absolutely no reason that it is not an issue in the failure to execute the share buyback. What is clear is that they are unable to buy back in the market and to assume anything when the company does not explain the inactivity in the 3 months since general meeting approval or since the 1st April purchase initiating the buy back seems a limited approach.