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Agreed, all the parts are there for BATM to make a success of it but many investors don't have the patience. They want results now, when in my eyes, a long term view on BATM will lead to more profits than any short term gains most investors are looking for
News out the other day regarding Edgility as HV Multiplay in Colombia (a top pay-TV operator) have chosen Telco Systems to upgrade from 1GE to 100GE. This decision underscores Telco's compelling proposition which guarantees reliability and scalability, with a network management platform for streamlined operations. Very clear Edgility has substantial growth potential over the coming years
Looking forward to year end results which I will likely come out as expected given there have been no trading updates. Personally I think the cyber division will be a strong performer given last years contract wins. Am expecting this division to grow exponentially over the coming years.
Nutmeg, I understand BATM is a LT play and many don't have the patience to reap the rewards. There are definitely other plays in the ST but I'm sure you'll see the full potential of BATM in the future and buy back at higher prices. Wish you all the best though!
BATM consolidating in a range this week between 20.5 and 22. Would be good to see SP back in the mid 20s this month.
Great article on Edgility R6 Incontext. Highlights the difficulties with scaling edge applications which is something Edgility has solved.
The increased anticipation of war also means that the government will be increasing their defence spending, notably in cyber security which would lead to a flurry of orders for BATM, most likely larger than the previous $3mn order in October.
Good start to the year for BATM with the stock up 15% this week alone. Feel like this year BATM could you really prove the bears wrong.
Another positive day again today. Looks like LT investors will be rewarded for their patience this year. Thoughts on me adding to my position given the SP is still low compared to fundamentals?
Ahh I was miss-informed, the $26 million order was in 2023. Any ideas as to what caused this recent increase in SP? Doesn't seem to be news related. Maybe just a bit of mean reversion
Good start to the week for BATM as they company have secured a significant government cyber security order valued at USD 26 million, would be good to get a strong drive up to 30 over the coming weeks to maintain momentum.
Looking forward to see how BATM will allocate their healthy cash reserves in 2024. In my view there will be many opportunities for BATM to exploit throughout the year.
Last trading day of the year. BATM hasn't had the best year but many analysts are predicting a strong 2024. What are people's price prediction for end of next year?
If anything the crisis in Israel will only increase their growth, especially in times of conflict, governments often increase their defense budgets to enhance their military capabilities. This can lead to increased orders for military equipment, communication systems, and cybersecurity solutions - areas BATM specialise in.
I expect this to come in 2024 when markets improve. From what i've seen, analysts are anticipating a gradual U-shaped recovery, with growth rebounding modestly throughout the year
What is everyone's 2024 outlook for BATM? Personally I think the macro environment will make risk assets more attractive, with inflation lower and rate cuts soon to come. Additionally, BATM will continue to grow, with Edgility continuing to close lucrative contracts. Personally think 50 could be on the cards next year.
Despite the negative week for BATM's share price, BATM's networking and cyber division continue to improve their operating margin, and Edgility is gaining traction. They have been able to secure a five-year initial order worth $3.5 million with CityFibre and have signed two other five-year contracts worth $2.7 million. These contracts could be materially expanded, offering a potential growth avenue for the company.
Great piece on Edgility Incontext, will be interesting to keep an eye on the growth over the next few years. If all goes well this could be a huge money maker for BATM
Good to see SP up 2%+ today.
Seen recently, that the swing flu outbreak in China has began so spread with the first case now in the UK. Would expect a sharp rise in virus testing company stocks if it continues to spread. BATM will be well position if it does spread as Adaltis have a multi-respiratory PCR test which was launched towards the end of 2022. Something to look out for.