Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the 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.
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.
Bearing this in mind, the group’s cyber division secured $32.4mn of new orders in 2023, increased revenue 76 per cent to $10.3mn and quadrupled cash profit to $2.4mn, or a quarter of the group total. One of the orders from a long-standing defence department customer was for BATM’s latest high-performance encryption platform. The $26mn contract will be delivered over the next five years, and the directors expect to receive further orders for the technology in the current year....
https://www.investorschronicle.co.uk/ideas/2024/03/12/what-to-make-of-batm-s-strategic-review/
Results were in line with expectations. There were quite a few positives in there albeit the general backdrop is tough. The company held their own and paid for R&D and extra cash for ADOR. It's hard to be objective about these results because they have no contribution from ADOR and very little from Edgility sales (yet). The 2 most potentially disruptive IP they have are not contributing revenue. My take is that it is happening but not at the speed investors wanted.
I don't think it is undervalued on those profit figures
Income from short term disposals aside, a decent networking contract or two from their significant Sales and Marketing investment would transform the outlook substantially.
For me the key takeout from the Broker’s note was ‘Given the nature of the group’s IP, we believe that the scope for better forecast outcomes and so upgrades is also real and high from this point.
Buying been printed as sells here. This company is very undervalued imho
This has gone nowhere in the last 12 months. Same old usual story from these guys. If we scan down the results, and jump over the optimistic 'adjusted' set of numbers, we can see the reality here:
Profit before tax 1,461
Income tax expenses (839)
Profit for the year before share of loss of a joint venture and associated companies 622
Share of loss of a joint venture and associated companies (822)
Profit (loss) for the year (200)
So the company made a small loss. Outstanding indeed.
More waffle about opportunities and talk of divestment to keep punters on hooks for another year. What a joke. What you need to realise with this company is that it has been listed for around 30 years and has gone nowhere. Just a nice little earner for those inside the company.
based on the stagnant sp the numbers are ****e and mean they are going down the pan. don't ramp this one.
absolutely sick of rampers, dressing up f/all as going somewhere big.
Good end of year results for BATM. Moti has successfully reorganised the core business activities and is ready to expand further as he has allocated resourced towards sales and looks to explore M&A opportunities in the US. Growth in the Cyber and Diagnostics divisions are very strong. I expect these to be money making machines for BATM over the next few years. The strong orders and product interest, indicates a promising outlook for 2024.
Divestment of non core businesses and now priced below last reported NAV. Fantastic growth opportunities.
With market pessimism still dominating, this is a contrarian investor's dream.
Thats a good set of numbers, I am curious too potential merger & acquisition activity, is that why the share price is always getting beating down, someone wants a a piece of the BATM pie? ... I am wishing I had held out as the price looks so undervaled to date .... glad for all the holders!
Loving that phrase, has there been an approach?