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If -that entire post seems, at best, a tangle of incoherent, bad faith arguments likely meant solely to elicit an angry response from a knowledgeable poster o,r at worst, a steaming pile of gibberish, I wouldn't argue. Most readers already realise I'm sure, that this 'darton' character is a virus infecting so much of the dialogue these days in small cap UK: an arbitrary voice, likely paid, that appears suddenly and uses just enough company-specific jargon (eg., 'Edgility', 'Cemex') to try and appear credible and then goes about jumping right into an attempt to smear the Company with thinly-veiled accusations of conspiracies and malfeasance disguised as legitimate 'analysis'. Honourable work all around
Well, we didn't have to wait long. Ignore
InContext, can you back any of what you wrote with hard facts? I have looked through the RNS history:
2022 results, declining on all metrics, revenue, margin, profit etc. Then we have 2 RNS about Edgility, neither of these contain any financial numbers. The Cemex one is small fry IMO, the other sounds promising, but where are the numbers? How did they get the contract? By undercutting everybody else? How do you know there is money in it. The truth is that we have NO visibility of any financial metrics since 2022 FY results. Its ok to have blind faith, but stop quoting these 'facts' which are really just fantasy's until proven otherwise. Even once BatM do become more profitable, the issue as I see it is getting that money back to share holders. This is an awful stock in all respects for these reasons. I wouldn't put it past BatM to try to take this back private at all time lows. They never had your interests at heart.
I'll do my bit, Incontext, by keeping the insults to a minimum
BATM ex Covid tests has remained in a growth mode for some time now. Edgility and ADOR new diagnostics platform are new untapped sources of revenue which they are developing and are only just staring to appear in the bottom line. The main revenue streams in Molecular testing, Cyber and Ethernet products have not disappeared. This is extra revenue. Like many companies in this sector they are rated at much lower than historical norms, many are trading at 1/3rd to 1/5th of what they typically would command. Most important oversight is that BATM have sufficient cash to continue with their objectives which is not credited ergo it's a valuation issue. Hope this chat board does not turn into the muppet show.
Resistance - Well summarised. Otherwise, I think he's just trying to rock up and post something silly hoping it gets a reaction and maybe starts some kind of pointless argument.
Why are we raking old coals again. Shore have had a relationship with BATM since their IPO back in 1996. Their reports on this house stock are never overtly bullish and can be more reasonably considered understated. No share price forecasts are ever made, just forward looking guidance. Any commentary given in 2019 looking back from the SP peak of July 2020 would have looked extremely conservative in fact. No analyst would ever be inclined to guild the lily in the interests of one of their non-exec's. IMHO.
since july 2020 this stock has fallen in price, yet shore capital have never forecast this have they? shore capital are the house broker, and also have a business connection in that the largest share holder of bvc is one of their ned's. of co**** there will be influence. that fact you can not objectively acknowledge this makes me question your contributions here.
and of co****, it was shore capital who facilitated the last placing in 2019 at 42.5p. wonder what their forecasts looked prior to placing? bullish i would speculate. if you want to understand what a puff piece is, i suggest taking a look in to the mirror.
Puff piece? what in the heck are you talking about? zvi has been on the board of Shore Cap forever. Meantime, their analyst has been uniquely conservative over that time, but regardless, trying to suggest that there might be absolutely any influence of a non-exec board member, who probably attends 4 board meetings a year likely via zoom, over one of Shore's research analysts is so titanically ridiculous that I can only assume your purpose in alleging a conflict of interest (!), is to try and start a needless argument and I won't play.
Patience is key with investing.. often holding LT is where the real money is made. People may be sick of hearing "the next 6 months are crucial" but it is the truth. In my eyes, I see BATM very much like a growth stock, with the potential of significant returns if all goes to plan.
With SP stagnation comes frustration and gives oxygen to wronged ex or current investors. There was a lot of unforced errors the company made over the listing and a slower than expected commercialising of the IP. However the H1's due right at the end of the month are the first under new leadership. In the next 6-months we will also see the further implementation of the strategic plan. A further waiting game I know. We've all come thus far so but I am prepared to wait to see how this positively impacts the valuation.
This stock is a puff piece, the sp speaks for itself, and its easy to understand why you should listen to anyone on a chat board, because they have already bought in and want to sell the idea to others, trying to make money!
So you see no problem with a company writing a 'puff piece', when the largest single BVC shareholder at 22%, sits on the board of the company writing the puff piece? Ok, and we should listen to you because...?
No. Ancient history. And zvi is not CEO of BATM any longer. Been a non-exec for the past 8 months. So no, not in the slightest
Conflict of interest here though?
https://www.shorecap.co.uk/about-us/directors/
Non-executive Director
Dr Marom is founder and CEO of BATM Advanced Communications Limited. A former first lieutenant in the Israeli Navy
Nutmeg, I invested once. It fell almost immediately and kept on falling. I have had no opportunity to get out.
To answer your question "I don't understand why people are excited by BATM" I think the answer is simple.... the expectation of significant profits in the future if BATM can execute as expected, thus handsomely rewarding shareholders. This is just my opinion and I may be wrong but I am happy to debate this further.
Think you are suffering from recency bias Nutmeg. As you pointed out earlier the company has had some good news and from this good news BATM will be able to increase its revenue. As we all know, fundamentals work well with equity investments and therefore if profit does increase (as the good news suggestions) so will the share price. The issue is there is no imminent increase in profit (apart from a few divisions) which is why the share price has not moved much yet.
Jesus parsnip, how did you let it go to 75% loss? man that sucks I feel sorry for you, if it helps I think there will be some good news/ rns soon, but it will rise and then fall back down as usual! … I think, even if they find a cure to the worst diseases in the world, and had the best technology in the world, it still wouldn’t move up, just glad I didn’t get caught back on it and got out at over 33p so happy I made the right choice!
With a 75% loss I am inclined to agree. Why the heck did I trust the Israelis?
I don’t know why anyone would be excited by BATM .. the company seems to do ok … and the share price just bobs about! Still uphold my recommendation of a waste of time stock!
Resistance if it is a sellers market as you suggest then we should be in for a treat when results are released. Its interesting to see how ethernet switches have seen such large increases in revenue in the last year. This does look promising.
BATMS revenue streams really excite me as it seems as though they are operating in all the right areas for growth (minus the non core division it plans to sell). An interesting 4th quarter to come I imagine.
I flagged a short while back that due to my work with data centers I was aware that the market for ethernet switch equipment to fit them out was booming. Both for re-equipment and for new build sites. IDC who are the specialist IT market researchers (I used to work for them in my first job) have reported huge revenue growth for leading carrier ethernet switch suppliers in the last year:
1. Arista Networks saw Ethernet switch revenues increased 63.6% year over year in 4Q22 and rose 55.4% for the full year
2. Huawei's Ethernet switch revenue increased 28.6% in 4Q22 and rose 20.0% on the full year
3. Cisco's Ethernet switch revenues increased 18.4% year over year in 4Q22 and rose 13.4% for the full year
In 2022 Telco boosted their product offering for this audience and must be reaping rich awards. It is a sellers market. I'm hoping we will see this reflected in revenues. In H1 results last year BATM reported that 'Network Edge (Carrier Ethernet) delivery on significant backlog from contracts won in previous years and repeat orders won this year.' So hoping this picture has significantly improved further. H1 2022 revenue was stated as 'Revenue from ongoing operations increased by 44% to $13.1m (H1 2021: $9.1m)' This included Cyber has they don't split it out. Will be keeping a close eye on the coming H1's.
Thats a nice Article, but even though all looks good this never really moves up but falls consistently, the matket does not seem to like it, and I wasted too much time on it, dont get me wrong it looks as if it should be much sp even just for Telco .....wish you GL!