Batm Advanced Communicat... Share Discussion Threads

[oakville] 22/8/2022 12:08

Hanging on in the 30s.

[kooba] 22/8/2022 07:43

If something really good was coming with the interims or confirmation that the buyback would commence when out of close period would the stock be behaving like this? Hoping to be proved wrong and that the price is where it is down to market ignorance and the interims will provide a spark for rerating..but the market isn't that wrong that often. Though not sure how tight a ship BATM is.

[oakville] 22/8/2022 07:13

No results? The company continues to sleep walk.

[kooba] 21/8/2022 20:32

“for the 5 billionth time”…always best to stay within the realms of fact. As it goes both you and I thought that the shares would rally post TA-125 exit ( quite often one sees outperformance post index exit) you were calling a bounce before you knew about the exit i seem to remember. I still am surprised that they have have not bounced off such an event having been held back by a large short position being established in the weeks before ( several M a week for several weeks) saying there is now an imbalance and that global markets are an issue seems rather apologist ..again. What happened to the multiple Uk size buyers you reported to know about ..they weren’t around long and certainly did not clear any overhang it seems. You need to stop jobbing backwards.
Something is rotten in the state of Marom.
If an Israeli business is seeing Israeli sellers at these levels with the potential for a 10% share buyback kicking in post the due interims ( doubt it) , the interims which should give the company a chance to fully update across the company operationally and corporately then one must ask why zero interest in taking advantage of current levels at all. What do the sellers know..let’s not talk uneconomic selling that has past but where are the opportunist buyers? Nowhere to be seen. Could be trust issues that the interims may straighten out , but after a 60% fall this year there is just no interest it seems.
Results tomorrow??

[echoridge] 21/8/2022 15:37

Decent recovery on good volume, in the end. Even traded up on the day late in the session for a bit, only to close down a percent or so at the equivalent of 31.4p. Still sucks but it beats where it started the day.

[kemche] 21/8/2022 10:47

They are in a quiet period before the loud period begins.

Very common in the small(er) cap world these days. Unlike the old days when it was uncommon.

It is almost nonsensical adjacent.

[echoridge] 21/8/2022 10:14

for the 5 billionth time, there are excess shares from a massive index exclusion sloshing around in Israel where funds are skittish to add while the company is in quiet period before it reports interims, and now with world markets once again nervous on back of big fall in US Friday. Not an impressive performance to be sure, but nothing that uncommon in small(er) cap world these days.

[owenski] 21/8/2022 10:02

Not a very impressive company, feels like something wrong here.

[car1pet] 21/8/2022 09:35

Tase price down 3% to 120.5 equivalent to 30.9p. Are we heading into the 20s!!!

[kooba] 19/8/2022 19:24

The company's various businesses do not appear starved of cash in fact they are considered to be at commercial inflexion points having had a number of years of r&d spend. BATM has a bit of a habit of being in the right space but failing to gain commercial traction. I would not want more thrown into r&d unless there was clear demonstration of commercial demand and strong revenue growth . Maybe they should be investing more in commercial sales, promotion and demonstrating ability to deliver to real world demand.For now would like to see a buy back because that was strategically important to deliver value and one presumes was excess capital to any capex requirements. So why sit on it if confident of revenue growth across divisions?It really is a time for the company to stop talking (well used to) and start delivering. If they do the share price should look after itself.

[james dean] 19/8/2022 18:52

Agree with your last two comments above FSE and many past ones too.

[fse] 19/8/2022 16:47

One might also conjecture that "sticking plasters" soon fall off. They need to sort out the listings.
At this stage I would rather they cancel buy back and use the funds to develop their IP.

[mcmather] 19/8/2022 16:41

Sounds like something Norman Stanley Fletcher might have said with his eyes raised:

The proposed buyback “forms part of the Board's broader strategy to deliver shareholder value”. Does it now?

[car1pet] 19/8/2022 15:24

Ive sent 2 emails to Luther this week asking for the date of the interims and no reply. Not even we don't have a date yet.
On the 10th August I was told the interims would be published "by the end of the month". At the time, I read that to mean the end of August. Maybe it didn't
For a listed company with private investors, the communications is appalling. Are there regulations about the quality of communications to shareholders? I doubt it.

[echoridge] 19/8/2022 12:12

Israel being shut is part of it.

[car1pet] 19/8/2022 12:06

Today there have been 6 trades totalling 320 shares. What is that all about

[wizzkid211] 19/8/2022 09:12

It's possible that it would be better for the company if it were to split, and then the logical place for the networking and cyber division would be Nasdaq, while the bio-medical division might be better off in Tel Aviv.
That is what i think going to happen...

hxxps://en.globes.co.il/en/article-batm-time-for-a-split-1001401212

[rob1ng] 18/8/2022 17:07

I buy the odd grands worth every now and then but it's like catching a falling knife

[fse] 18/8/2022 14:57

selling continues in Israel on TASE volumes are much lower but it opens firm and then the selling starts again. This continued no comment policy is finishing them off.
I dont know about marketing so much but their ability to communicate with shareholders has gone out the window. They never used to be like this so its an unwelcome departure from earlier times.

On a brighter side the article Wizz posted, about the medical side and testing, is very much a look into medical services in the immediate future. We have all seen the problems hiring doctors and the costs of determining what is wrong with a patient and the appropriate treatment. Advanced diagnostics will change that by cutting down on hands on professional help by effectively triaging the flow and speeding up the process with less man hours used. This is a must use approach for health services.
Ironically what is going on on the medical side is mirrored with Telco systems who are also taking out the steps and speeding the process.

[oakville] 18/8/2022 12:38

31.7p to buy.

[oakville] 18/8/2022 11:49

Yes back to 31.9. It flipped between .55 and .9 for a crazy 2 minutes.

[car1pet] 18/8/2022 11:42

31.90 on my system. Someone has bought 36,000 at 31.90

[oakville] 18/8/2022 11:34

31.55 to buy now !!