Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
One way of looking at this is that the SP can be covered by the value of their Cyber division plus cash. The rest of the business is in there for nothing.
Couldn't agree more with his statement, the SP is horribly undervalued and has been for some time. Lets hope some corrections are made soon
Richard Penny of Crux Asset Management has a few comments on BVC worth listening to [29.20 mins in], highlighting the complete disconnect between the SP and sum of the parts valuation. The divestment of non core assets could spark a rerating.
Very good news as BATM have secured $2.3 million in additional cyber security orders for its advanced solutions and is developing next-generation encryption with quantum key distribution for a government defence customer. This contributes to $35 million in orders over 15 months for the Cyber division. Moti also spoke about the continued momentum and confidence in integrating cutting-edge quantum technology. Very clear to see BATM are in a strong position in the cyber security market.
"best-in-class cyber solution" like that ..... with a 19.06p surely one of their divisions is worth multiple of this!.... Adding into the spread
Here we go.
Been doing a lot of reading into Edgility recently, given the growth potential I wanted to educate myself a bit more about it. If anyone here has good articles on Edgility would be great if you could share the link.
This is why I am so focused on Edgility, the growth potential here is crazy not to mention the high margins. The dream scenario for a business if they play their cards right
Wait for everything to kick of in Lebanon
Yes so much potential with Edgility and paints a promising future for BATM. As mentioned before we just need more news regarding contract obtainment etc to start the sp ramp up.
It appears Edgility itself pulled in $15m in 2023. As this is cumulative revenue even if they put in a lacklustre performance 2024 est. 35M 2025 est. 55m. this is all very high margin. If you add this to the bottom line of a hopefully strong 2024 for Cyber and Medical Diagnostics then this all looks potentially a lot different. FWIW
Great read, thanks Resistance. Definitely worth a read for anyone that is looking to learn more about Edgility
In yesterdays EdgeIR.com industry review the leading magazine in the sector.
https://www.edgeir.com/telco-systems-edgility-bringing-the-cloud-experience-to-the-edge-20240313
Agreed resistance, was very happy with the investor presentation. Clear sales targets on Edgility and Natlab which I was very impressed with.
That investor presentation was full of potential rocket fuel for the SP. Very clear timelines on deployments/commercialisation of their IP in their core businesses
I am sorry Resistance1 did not meen to irritate, just trying to make some money, I also bought some (BRWM) BlackRock World Mining Trust Plc @ 504p think it willl do very well
Quite frankly it is a little irritating to hear others taking advantage of the price dip. All my funds are tied up at the moment and I will miss out. Rant over. I just don't think there will be another opportunity like this presented again.
Averaging down nicely, as you mention this is a solid growth stock and its very promising to see an increase in gross profit especially with the current situation in israel. Look forward to see where the company is in a years time and hopefully have doubled my money!
Thank you Sensei ... I consider it a solid growth stock, look forward to the restructuring , new sales team and next RNS
Good to have you back Nutmegmilk, I have also picked up some more mid 19s. My strategy is to hold onto them for 2 to 3 years. I anticipate that growth stocks will thrive once the UK emerges from this recession. With BATM's solid fundamentals, I'm optimistic that it will outperform other growth companies.
Got some at 19.85p and watching!
Given the positive news from year end results any price below 20 is a bargain. There is clear growth in their cyber and diagnostics revenue which is only going to continue. Investors need to be patient here. Will be keeping an eye on any new contracts over the next few quarters and to see what BATM do with their non-core divisions given they have adjusted their focus.
I held these shares in 1999 the future was very bright then as well at upside of £1.2 billion value 24 years ago.
Valued on eight times cash profit to enterprise valuation of $75mn, and 10 per cent below book value, the rating is about right for now. Hold.
@inContext, the broker note basically forecasts this is not going to change for the next few years. All the profits are being reinvested, hence the use of Ebitda.
@FlyingHigher, most people on this board don't understand financials. (see final part of IC article above). I personally think this could drop further, there is no pay back for holding these shares over the next few years IMO.