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Certainly a very last minute gift. Less than a couple of hours to the early close. I look forward to any announcements the next trading today that maybe driving this.
MaryBR -- thanks for posting. This appears to be a massive HINT
BATM said that its cyber business had also made progress, due to Russia's invasion of Ukraine, as well as other geopolitical instabilities and organized criminal activity. The company said that it is "optimistic of winning a substantial multi-year, multi-million dollar government contract, which would increase the revenues of this division in 2023 and beyond".
I have bought a good chunk this morning as trying to average down. Everything seems out in the open so hoping market sentiment will improve from now.
Sushi. Appreciate you've just bought in. Are you going to play this long or take your profits? Personally I'm in this for the medium-long term. Its been a bumpy ride this year, but looking promising next year. I'm often tempted to day trade but cant really devote the time to it that would make that strategy work.
Looks that way. May actually close higher. Still like to know the background to it all... short attack most likely.
Yes it is a great opportunity if you have funds to pump in right now and an iron resolve.
BuilderPete. Yes your vision of splitting the divisions out might be more of likelihood under Moti's leadership from Jan. Well at least the medical side from the networking & cyber divisions. In the meanwhile it would be good to see up breaking out of the 30-31p range. Probably will take another RNS to do this.
Hopefully James we are starting to see an uptick in perceived market valuation of BATM and the excellent potential of its 3 operating divisions. Share price starting to creep up it seems. Its a long way to the 70p you mention but once momentum gathers it should reach and well exceed that, especially with more new deal RNS announcements as they happen.
We have now reached the heady heights of 31p. Is the market finally turning....
The market is starting slowly to wake up to the potential. We need some big buyers for a big shove upwards. I have no more funds I can allocate.
Well Moti's not in post just yet....but expect you knew that... You are correct this adds significantly to the market value potential of ADORs/BATM diagnostic panels. I know they are planning to cover other conditions as well to further build market scale.
James spot on you have mirrored my thoughts. A bright future indeed.
With a looming worldwide recession. Lets hope not too bad. As a company you couldnt hope to operate in key fields that will hold firm and expand during the next 12 months and so on. Medical testing for for an ever increasing number of conditions, cyber security and edge computing. These will continue to expand come what may. Food retailers the historical the key defensive stock is looking shaky. BATM's time has come.
I think we will finally see a rise now. Boo is in a far stronger position that many of its competitors
Am I right that results are on June 1st, next Wednesday? According to Investing.com. Might explain the (very) slight uptick?
Datron
I can't find Shore Capitals year end '21 forecast. Can you point me in the direction? I will then give you my prediction or shall I say guess....
Market simply needs to wake up to BATM's potential in the fast-track edge computing sector. On the Nasdaq the valuation would be in a different league.
Often we cant see the wood for the trees. Lets take one of BATM's exciting portfolio as an example. Edgility and the fast growing market for SD-WAN and edge computing. This market is set to reach $11bn by 2026 (some say $17bn.) The US operation for Edgility is being built up to tap into this. In short ,potential is vast and growing fast. Margins for this inhouse developed product are also very, very healthy.
Agricore. You are right about shorters money-making methodology. Short then perhaps long. However it is when they fund dodgy unfounded reports to whip up worry, that they reveal their distasteful underpinnings.
The sum or the parts is greater than the whole. At the current share price anyway. However the market is currently waking up to the value proposition that this stock is pre-update.