Batm Advanced Communicat... Share Discussion Threads

[echoridge] 29/7/2023 14:10

Damn, this name is so the wrong price. So frustrating that a combination of historical underperformance, a current environment of near-non existent comms and/or city coverage and the ongoing (if starting to ease slightly as the FTSE once again begins to move higher) miserable market for UK smaller caps, continue to conspire to hold back the share price here. Still, whether its Moti breaking cover on a major transaction, new Edgility or Cyber business signings, or the interims at the end of August, there are plenty of expected near(er) term catalysts to jolt us back to life.

[echoridge] 28/7/2023 21:26

Until recently, Carrier Ethernet was my favoured choice to be among the earliest to be sold, though now I'm not so sure. In addition to being a market leader for some 20 years, management claim margins have maintained around 40%, twice their relevant competitors.

[fse] 28/7/2023 20:06

Link to Telco systems carrier ethernet business which resistance1 mentioned. It's very much an overlooked growth sector. This is the T metro collection. This is also a comparatively new sector that is generating revenue.

I agree with TT that Cyber is likely to be the focus for extra revenue particularly as stated.
Remember these are all additional revenue streams for BATM they are not so much replacing anything.

[resistance1] 28/7/2023 10:17

Yes good point. Having a commercial encryption product that is based on a Government/Military grade 'parent' product would have gravitas in the market. I know BATM have spoken about this pathway in the past. I wonder how far advanced are they?

[tradeterminator01] 28/7/2023 10:02

They could potentially commercialise their cyber security product, opening a wide revenue stream whilst they bolster and secure large edgility contracts. More specifically, I think celare as a product has the best chance of being commercialised quickly to fill their coffers whilst edgility contracts roll in.

[resistance1] 28/7/2023 08:58

Excuse my ramblings today. I see Telco has updated their website. Focussing strongly on Edgility (quite rightly) and flagging the awards that FSE referred to. Back to Ethernet. If BATM are going to offload their medical distribution business they will need to quickly replace the revenue with Telco income. Ethernet switches seems the fastest way to do this. I appreciate Edgility is the IP sell with huge potential but it won’t fill the boots of the revenue stream for a year or so. So not Short term and not large lump sums — the nature of multi year repeating contracts. Carrier Ethernet can help fill the void far faster whilst Edge builds.

[resistance1] 28/7/2023 08:47

Ethernet switches compound growth rate 6.6% per annum 2023-2028 market worth $45bn. Driven in large part by the boom in data Centers worldwide

[resistance1] 28/7/2023 08:37

Whilst I am excited about the Edge offering and the commercial opportunities that it opens up, I am also interested in Telco’s core businesses, the market for ethernet/switches etc. This sector continues to grow and you could argue is a simpler sell — no pilot programmes needed just plain and simple orders.

[fse] 27/7/2023 14:51

Relevance of this ........

What is hype cycle for computing Gartner?
The Gartner Hype Cycle is used to assess the maturity and potential of emerging technologies. It provides a framework for understanding the various stages in technology adoption and can give insights into where investments should be made or avoided.

[fse] 27/7/2023 14:43

July 27, 2023
Mansfield, MA, July 27, 2023- Telco Systems, the leading provider of vendor-neutral hybrid edge compute solutions, is thrilled to announce its inclusion in Gartner’s recent Hype Cycle for Edge Computing within the Edge Management & Orchestration category.

Gartner’s Hype Cycle reports are recognized as the leading authority for the IT industry, providing valuable insights for CIOs and CTOs in their technology selection decision making processes. In this latest report, Telco Systems has been recognized for its contributions to the Edge Management and Orchestration domain, where the company offers innovative edge infrastructure software and application management solutions for remote and distributed deployments.

Edge Management and Orchestration emerges as a critical enabler in the rapidly evolving landscape of edge computing, addressing a fundamental challenge faced by businesses seeking to harness the potential of this transformative technology.

Telco Systems’ Edgility is a unified platform for edge computing that simplifies the planning, deployment, operation, and maintenance of network functions, business apps, and computing devices on the edge at scale. With Edgility, businesses can manage their entire edge deployment through a unified interface. Provisioning, monitoring, and maintaining thousands of devices becomes effortless, saving you time, resources, and costs.

This empowers businesses to focus on applications and data processing at the edge while Edgility takes care of the underlying infrastructure and management complexities. Combined with AI acceleration capabilities, Edgility provides cutting edge solutions for Service Providers, Retail & Manufacturing organizations, as well as Smart-Everything and IOT focused enterprises.

“We are honored to be recognized in Gartner’s Hype Cycle for Edge Computing in the Edge Management and Orchestration category, and we are particularly proud of our Edgility platform,” said Ariel Efrati, CEO at Telco Systems. “Edgility has emerged as a pivotal force, simplifying edge computing operations and ensuring effortless deployment scalability. Rising high above the legacy industry standards, Edgility offers businesses a seamless and unified experience in managing their edge infrastructure, empowering them to stay at the forefront of innovation, optimize costs and future-proof their investments.”

As digital transformation drives businesses to design their digital edge with IoT devices and edge computing solutions, the need for scalable, secure, and flexible Edge Management & Orchestration solutions becomes paramount. Telco Systems’ Edgility rises to this challenge, providing a unified platform that supports a broad range of tools and technologies, catering to the unique needs of different industries and use cases.

[fse] 26/7/2023 14:31

BATM main listing is in Stg and the accounts are reported in $US.
Moti replaced Zvi as CEO to take the company the next stage from R&D and IP development to commercialization. BATM has in the past made enough money to develop its IP in house without shareholder dilution.
As a consequence we dont actually know how much BATM IP is worth. BATM is currently valued on its sales. There seems to be no consideration that the company is well funded and has a valuable portfolio.
Sales in Edgility and the new medical diagnostics platform are all themselves NEW additional revenue.
We should get a decent update with H1 results and Shore Capital who would know the situation from the company are indicating that all is on track.

[churchharbour] 26/7/2023 11:27

I think the Company is in good shape and performing well but the price in the UK over the last 3 months has been held back by the strength of sterling and weakness of the shekel - some decent news should change that and the brokers notes could be the start of the process

[bigjon1] 26/7/2023 10:54

A very positive note from Shore Capital. It shows BATM have a clear objective and are putting all their focus on it. Looks like medical distribution and bio-waste solutions divisions may be sold off soon. This means BATM will continue to be highly capitalised allowing them to invest time and resources into edgility.

[resistance1] 25/7/2023 22:55

Thanks FSE for this. The key takeout for me is “We expect positive news flow to continue. With commercialisation, positive operating leverage to reported results should be expected in due course.” The question as a very patient investor is how long is ‘due course’?

[fse] 25/7/2023 18:25

July 25th 2023
Edge-computing button
Shore Capital Markets had a lot of positive things to say about technology group BATM Advanced Communications Ltd (LSE:BVC) in the house broker’s latest research note.

“BATM has a strong balance sheet with cash resources of more than US$40mln (£31mln), a highly experienced R&D team, a proven IP portfolio and global client reach,” explained Shore Cap.

Under Moti Nagar, who took over as chief executive in January, the overwhelming message emerging from BATM is “focus”, said Shore Cap analysts.

“BATM has identified its future core opportunities and is aligning its business to these,” they said “The core is focused on high-capacity switching capabilities and edge-computing in networks.

“Within cyber, the business is moving forward specialising in encryption. In bio-medical molecular diagnostics, leveraging equipment manufacturing capability and disruptive IP for assays.”

The group has identified its non-core business areas as those in medical distribution and operations in bio-waste solutions and does not intend to pursue any further strategic investment here.

“Asset allocation, with business strategy, is firmly focused on growth investment,” said Shire Cap. “We expect positive news flow to continue. With commercialisation, positive operating leverage to reported results should be expected in due course – leading to an increasingly attractive fundamental valuation.”

BATM’s share price was 25p with a market capitalisation of £109mln at the time of writing.

[bigjon1] 25/7/2023 13:05

To me this is no surprise, I think Shore cap would have notice the opportunity BATM have with Edgility and understand that if they can capitalise on the opportunity it will lead to substantial profits. Given he would have spent time with senior management it shows that BATM is very well prepared to make the most of it. Otherwise as echo said, they wouldnt be as upbeat when they are usually very conservative.

[resistance1] 25/7/2023 12:29

How does it compare with last years note? Share price in the same ballpark as then. As you say we are ALL awaiting transactions

[echoridge] 25/7/2023 10:38

New note out today from the house broker, Shore Cap and it’s pretty upbeat. There’s no price target (there never is) but I know the analyst and he is very conservative, so I think it’s a fair assumption that he would not have published without suitable time with Company execs to get full comfort on all his questions post the capital markets day. I’m sure kooba has/will have the report soon and may share some of the commentary later. Despite the drifty share price at the moment, I do think the timing of this note - considering how aware everyone is of the need to see action from the company on transactions, etc - is notable.

[james dean] 23/7/2023 07:59

minus 68.5 - time to correct itself methinks.

[fse] 22/7/2023 19:55

Simply Wall Street. July 22nd.
WK . YTD.
BVC BATM Advanced Communications 0.26 -0.2% -21.2%
No recent events
undervalued68.5% UNDERVALUED

[fse] 18/7/2023 22:12

June 6th 2023.......recent award
This market is going to be massive and Telco/Edgility only need to gain a small piece of it to be very profitable. Remember they design and sell enabled hardware as well as the software licensing. A reminder FWIW

Telco Systems has announced that Edgility, a smart virtualization platform for edge computing, has won the 2023 MSP Today Product of the Year Award.
TMC, a global media company, conducted a thorough evaluation of various edge computing solutions before selecting Edgility as the winner. The judging process involved a comprehensive review of Edgility’s use cases for edge computing, affirming its leading position among the competing products, according to executives.
Telco Systems notes that Edgility’s edge computing solutions have helped managed service providers (MSPs) thrive in today’s rapidly evolving technology landscape.
“We are honored to receive the 2023 MSP Today Product of the Year award for Edgility,” said Telco Systems CEO Ariel Efrati. “This recognition is proof of our team’s dedication to developing innovative solutions that address the evolving needs of MSPs as they undergo the transformation to the edge.”
The Edgility platform empowers MSPs to efficiently manage and optimize their business customers’ networks, enabling seamless connectivity and enhanced performance. With its robust features and user-friendly interface, Edgility helps MSPs streamline their operations, reduce costs, deliver exceptional customer service, and simplify the management of edge devices across thousands of distributed sites connected by any network to any data center or cloud provider.
“Our commitment to innovation, customer satisfaction, and driving the success of MSPs has been widely recognized. The 2023 MSP Today Product of the Year award further solidifies Telco Systems’ position as a trusted partner to the MSP community,” according to Efrati.
“It gives me great pleasure to honor Telco Systems as a 2023 recipient of TMC’s MSP Today Product of the Year Award for their innovative platform, Edgility,” said Rich Tehrani, CEO of TMC. “Our judges were very impressed not only with Edgility’s vision of simplifying the operations, and life-cycle management of edge computing deployments at scale, but also with Telco Systems’ Channel strategy throughout the MSP community.”

[fse] 18/7/2023 22:03

Edge Computing solutions market is anticipated to be >155bn by 2030 with a Growth rate CAGR @40% annually.
Telco Systems.
Company type: Growth stage

Position in edge ecosystem: Hardware (Server, End-device); Network (Interconnect, IoT platform, Edge gateway, Cloud connect); Edge Cloud Infrastructure (Edge aggregation & orchestration, Operating system, Multi-cloud platform, Virtualisation & containers); Application/Software (Software application); Integration & Services (Systems integration, Professional services)

Notable achievements in 2022: In 2022 Telco Systems achievements include deploying Edgility, their smart, open platform for Edge Computing, that accelerates multiple services deployment, across a variety of customers. They onboarded their first Enterprise customer, CEMEX – a European Global Construction Materials Company, and have since expanded into the Enterprise space with POCs and trials at large Retail and Manufacturing organizations.

They launched their Managed Services offering with E-Qual, a French MSP that operates in more than 50 countries. They are helping global operators and service providers enhance their virtalization capabilities across their networks. One example is CityFibre, the UK’s largest independent carrier-neutral Full-Fibre platform, that is deploying Edgility across the UK as part of their nationwide Full Fibre network rollout, replacing legacy customer edge devices with small-footprint white-box, multi-purpose appliances, operated and fully managed by Edgility.

In other areas, they signed a partnership with Advantech to provide an enhanced joint solution based on Edgility pre-installed in Advantech universal edge network appliances and have been working closely with them to demonstrate the solution at a variety of industry events.

And finally, Telco Systems was shortlisted for the objective Layer123 Network Transformation Awards, under the Cloud and Edge Excellence category.

Key financials milestones reached: In 2022 the accumulated investment in Edgility reached was over $40m.

They intend to continue with future investments to grow their market differentiation, customer adoption and competitive advantage.

An edge computing use case they help to enable: One of the complexities generated by edge computing is in its economies of scale. The process of deploying, managing, and operating a huge amount of edge devices, must be perfect each time. Manual intervention consumes tremendous resources from the technical workforce, causing operational efficiency to plummet. Edgility is a smart and open platform for edge computing that simplifies the deployment, management, and operation of complex workloads on a diversity of edge devices on thousands of sites. Built from the edge up, Edgility enables CityFibre to increase operational efficiency by automatically deploying, managing, and operating a large number of edge devices at the customer premise, from remote without manual intervention. To create a unified system to shorten the time it takes to deploy edge devices at scale, CityFibre integrated Edgility with its OSS/BSS to provide 360° automation to lower the cost of deploying edge devices at scale.

[paulisi] 17/7/2023 15:39

Not necessarily- there are a couple of disposals potentially, plus new contracts on edgility etc that could hold Moti back...

[fse] 17/7/2023 14:26

Pretty well agree with resistance1 take on the scene. BATM is worth a lot more than it's valued at in terms of its IP. Having said that we are are not in a market where PER's and valuations are at historic norms.

[resistance1] 17/7/2023 10:48

Prob not Jon. As they were modest for a tech group. Low double digit division growth targets. However that is still an achievement in a difficult market. It would be good to see if within the figures there are business units delivering much higher growth than this -- something we are all hoping for, depending on the division. My view is results on target wont shift the price that much.