Batm Advanced Communicat... Share Discussion Threads

[gbenson1] 28/6/2023 11:15

It'll be interesting to see if we can break through the 30p ish ceiling, or if it's just another move up for speculators to get their 15-20% and pull the plug again? Hope we can make a concerted effort and with some positive news from the company can push on to 40p > It's there in infutable black & white that someone is picking the stock up @ 26p >

[echoridge] 28/6/2023 10:54

Some nice retail buying this morning following on from what appears decent institutional buying of last week, as the market price edges higher.

[gbenson1] 28/6/2023 10:41

Hi pockstones I'm with you on the paid posters, these Johnny come latelys (last 6-9 months) have infested this board with their smoke & mirrors, they stick up for each other as they feel safe in numbers, just ignore what they say. Pinch of salt and all that..

[echoridge] 24/6/2023 11:34

At the risk of repeating myself, the strongest circumstantial evidence of a large, on-going buyer was yesterday's 1.6m share institutional cross. In what was yet another miserable day for UK small caps, one would have expected a bargain that size to go through at a decent discount to the prevailing bid price. Instead, the seller was able to deal at (near-enough) the mid-price, despite the market conditions and a block of shares some 10x normal dealing size. That's a strong indication that the seller knew they had some leverage in negotiating the price, most probably because they were aware that the buyer has been in the market for some time and would likely remain ongoing even after buying the 1.6m share block.

[pockstones] 24/6/2023 11:14

Why was the seller forced ? Surely he saw better value elsewhere perhaps concerned about corporate governance lack of transparency.
Personally any one looking at BATM would be worried by the deluded drivel posted here as it looks to be likely paid for

[echoridge] 24/6/2023 10:43

Jon - I'm pretty sure its an institution. If we assume most or all the blocks that have gone through in the past few weeks have indeed gone to the same buyer (Shore Cap, the Company's sole broker/advisor has dominated the volume over that period) as I have previously speculated - I've upgraded the total buying a bit to closer to 5m shares - then we're clearly getting beyond any kind of normal HNW. From here then, the magic number is around 13.2m for an initial disclosure of 3%, which is obviously a long-ish way to go. Unless of course, the buyer is already an existing institutional holder.... regardless, if we're right, then the timing of this buying comports well with the capital markets day earlier this month as the average fund would take some weeks to talk to the analyst, digest and analyse the potential upside of Moti's transformational strategic review, before taking the decision to build (or enhance) a position. The hope therefore, beyond this fund continuing to patiently add to its position, is that it is soon joined by other fund(s) which, having also attended the CMD, have reached similar conclusions. In that case, maybe the buying won't remain so patient anymore.

[bigjon1] 24/6/2023 09:17

would be great if they crossed the 3% threshold so we could find out who the buyer was ... institution or HNWI?? interested to find out

[echoridge] 23/6/2023 14:50

Resistance - you were right: The seller over the past week and a half was a forced seller. He completed yesterday. Today, there has been a one-off institution-to-institution cross of 1.6m (visible on some services like Bloomberg already, but probably won't appear on others until after the close), where the price - despite these terrible market conditions - was not at any discount, rather comfortably inside the current spread. That is because the buyer, whom I believe has taken all of the roughly 4.5m shares that have traded in blocks over the last couple of weeks, remains - again, I believe - an ongoing buyer, even though sellers are starting to dry up. Let's hope this continues next week to the point where the buyer eventually has to begin to pay up and/or he crosses the 3% threshold and has to disclose.

[pockstones] 22/6/2023 22:25

How many of you are paid for this uncritical gushing

[kooba] 22/6/2023 10:06

Unfortunately there seems many institutions ..and pi's just keen to get liquidity at the moment especially in small/mids. BVC making a lot of the right noises having kitchen sinked the forecasts..they now need some decent new business so they can hopefully build expectation back up and see some upgrades..needs some news with meaningful numbers.

[resistance1] 22/6/2023 08:40

Presumably a buyer as a result of the capital markets day. Just surprised that there is still a seller around at these crazy low prices. Must be a forced seller.

[echoridge] 21/6/2023 17:48

It appears as if the buyer has taken another 750k at a decent price, booked after the close again

[bigjon1] 21/6/2023 08:01

Agreed Resistance, I think BATM need to put their priorities on Edgility to make it as successful as possible. The next 12 month are very important to maximise the opportunity and stay ahead of competition

[wizzkid211] 21/6/2023 07:06

Revolutionizing Retail With Edge Computing

[resistance1] 20/6/2023 08:42

New Edgility deals must be the focus in next 6-months. Otherwise market traction won’t be secured. ITDM’s follow the herd when spec’ing systems to a large extent.

[bigjon1] 20/6/2023 08:10

Interested to see if BATM will have any involvement in this, or instead just keep their focus on their main divisions such as Edgility

[kooba] 19/6/2023 06:16

Whilst no apparent direct benefit..though some potential on the cyber/comms side , this shows an interesting development in terms of security of supply in manufacturing that could be a positive for Batm businesses and Israel as a whole.The Times: Intel is to spend $25bn building a new computer chip factory in Israel; Western countries want to cut their dependence on semiconductors from Asia to prevent supply shortages.

[echoridge] 17/6/2023 10:19

same buyer, same seller as the 425k earlier in the week. I know the buyer goes on while I'm not sure about the seller. Still, I'm very comfortable that if he isn't fully done, and does have a few more for sale, this buyer will take them

[paulisi] 16/6/2023 23:00

Over a million on one trade and reported after close

[echoridge] 14/6/2023 07:02

It was just one trade of 425k, Resistance. Brokers love to double count as it can raise their market share claims.

[resistance1] 13/6/2023 17:58

Two lots of 425K apparently