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Share price action pretty much as I guessed, Now where to buy in at!
On my radar again ...watching!
Flatcap. I don't know if I'm considered a stalwart, but for what's worth I actually bought more on the recent 'spike.' Not a great deal but some to average down some more. Of course if I did it now I would be even better placed. I don't trade this share I am investing for the long-term. I have seen many opportunities to actively trade for 10-15% gains in BATM but with my luck I would probably sell just on a sustained upward trajectory....
Depending on spread and share action, I may buy in a few today, 5g is rolling out fast everywhere and so is full fiber broadband! could see a RNS soon but that is just a guess!
Flapcap for what it is worth ...After some thought I can safely say this will edge down over the 2 weeks, as if there are shorts below 0.5% or something like that and if a RNS pops up or good results it will cause an other spike up briefly, I am in no hurry to buy back in as it looks like nothing has changed in the share behaviour over the last 2 or so years!
Not sure where its heading in 2 weeks, dependent on RNS news ...but I can buy back in at less than I sold at , so its all good here!
Yep, sell out near 30p, its going to have to knock many times. I did say 20 days ago.
https://www.youtube.com/watch?v=61Q6wWu5ziY&ab_channel=Bizonacci
Flatcrap, No problem here I can wait!
Laws of the market check out that Spread: 2.45 (8.909%) ... Making it hard to sell or buy till they have done what they want!
The way I see it I will be able to buy back in at a lower price, if not still made profit!
One thing I have found over the years investing, shares move up slowly most of the time but drop like a stone!!
I do hope BATM reaches its true potential and evaluation it should be over the high 30s already but here it is again stagnant and slowly edging down, this will not move up fast unless the institutional investors deem it so!
Only issue with taking profits at 29p is the risk of missing out on further positive news that will push the share price to the high 30s. Personally I would suggest only taking profit on half of your allocation, therefore you still make profit on your BATM swing trades and won't miss out on any of the exponential rallies but each to their own!
I define it by , the charts, trades and volume, it becomes stagnant and slowly edges down usually, I sold out at over 29p and moved money into a 8% high interest account, which is extremely good, I will try to get back into Batm as it could move quickly depending on the news flow or the market games! , for what it’s worth I think it is seriously undervalued, but that doesn’t mean it will quickly move up!
Nutmeg what would you define 'typical BATM SP movement' as? just curious.
Dont really need to be "executed correctly" , If there products do what they say (ie save money time and have superior security) it will fly ... https://www.youtube.com/watch?v=dn1zvB0F68k I am anticipating typical Batm share price movment after watching it for some time!
Agreed Sensei, i feel as though BATM are holding their cards close to their chest at the moment even with all this positive news releasing. Definitely has the recipe for success but must be executed correctly.
The focus on Israeli banks and UK/Israeli fintechs seems like a well-thought-out approach, given their prominence in the sector. This niche strategy could position BATM for substantial growth and a solid foothold in the industry. The combination of expanding markets, innovative products, and a history of success could indeed drive the stock price higher in the coming years. It's an exciting time to be part of BATM's journey
Thanks TW. A very similar company to BATM's cyber division is the UK company PQshield. They have turnover of $8.3m a year and are valued at $120m. They are developing quantum products as well and supply defence/Governments. This reiterates the immense value of the various BATM divisions.
BATM states it’s aim to launch a cyber encryption product in summer ‘24 aimed at the banking and financial services sector. The financial services encryption market was $1.68bn in 2020 and will reach $4.98bn by 2030. There is therefore plenty of scope for Celare to carve good business here. Israeli banks and UK/Israeli fintechs seem the obvious choice. Massive potential in yet another area for BATM
Thanks Agricore, will have a look at what miss Potts has to say!
A bit more praise from proactive investor....
BATM cyber progress very encouraging
BATM ‘s add-on cyber contract win is very encouraging, both in terms of the client’s needs and confidence and in what is signalled for future development, according to Shore Cap.
Cyber was recently identified as a focus stream of development for BATM at its June capital markets event.
“We expect to see a step up in revenue in this area in H2 and acceleration in future years.
“Asset allocation, with business strategy, is firmly focused on growth investment.
“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. “
Katie Potts has indeed been a long-term supporter of the Company
Nutmeg, Of those insitutional investors I think Herald stands out as a huge endorsement for BATM.
I'd strongly recommend listening to this interview with the CIO of Herald. She doesn't speak specifically about BATM but she talks a lot of sense and her track record of I think 1200% returns is superb. It's well worth listening to and, like myself, you'll come away feeling a lot more positive about your investment in BATM:
https://www.investorschronicle.co.uk/podcasts/2023/08/22/ic-interviews-fund-manager-katie-potts/
Of course Datron sold on the spike. His position on BATM is so transparent its laughable. I must say it does provide some entertainment to the forum.
Thanks Nutmeg good to see the daily mail waking up to BATM's huge potential.
Nice spot Nutmeg thanks for posting the link.
BATM has had a rough ride recently and its these type of comments that dont help. This is not a balanced view its just plain horse ****
So now those of us who see a future here are just Bots or "promoter"accounts .
Severe negative unfounded comment really hurt the SP in a vulnerable period.
Dartron
Posts: 2,021
Price: 29.10
No Opinion
RE: H1 2023 Results9 Sep 2023 18:25
Kind of you to say, yes we have both been investing small caps for a while, and have been in several of the same stocks.
What you have to take in to account here Agri, is that without mentioning names, there are multiple 'promoter' accounts here, trying to dictate the conversation, especially to brush past misdemeanours under the carpet