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Shame to see you go Nutmegmilk, I understand how you feel. Stocks like BATM need a lot of patience but it will be worth it in the LR. Fundamental value creation will work its way back to the shareholders. In my view, this so called delay in repricing to the upside just means the move will be even more violent when it does eventually come.
Great analysis InContext, from my perspective Edgility and ADOR are were the alpha lies for BATM - value that has not been baked into the SP but at some point will become the driving factor for this stock.
BATM's revenue growth, profitability, and emergence of new revenue streams are v positive. Although, market sentiment and shorters may have suppressed the SP, history shows that such situations tend to correct over time. With adequate funding and new technology on the horizon, BATM appears well-positioned for long-term success. While short-term fluctuations may occur, the potential for new contract announcements makes this an attractive LT investment
Great news today although SP doesnt seem to reflect it . Hopefully we can continue this momentum and win more contracts in the cyber security division. Next few weeks will be interesting.
Nutmegmilk, I agree with you, the big institutions run the game. Whats your medium term (6-12 month) view on the markets? My personal opinion is macro is what is holding small caps down. Once we sort out inflation and begin to lower rates and QE resumes I think BATM will be a big winner - until then its just about PCA and looking out for new contract announcements.
BATM being down 32% since 15th Sep while continuing to build with more and more contracts goes to show how far BATM has drifted from the fair value. Uncertainty always causes havoc and are often the best times to buy as investors get fearful. In the LR, all that matters are that BATMs financials continue to improve and shareholders will reap the rewards.
Not a bad idea, these low prices will not be around for long - at some point SP will jump in line with fundamentals
Pedrobull, the only business of BATM's located in Israel is the government cyber contract. Which given recently developments is more likely to expand than to halt operations for employees to be called up for national service. As Incontext mentioned, the rest of BATM's business is located in US, Italy and Hungary. From an operational standpoint it is not something to be worried about!
Mean reversion has begun - whoever stayed calm and bought at 19/20 has pulled off an excellent trade. Fear always exacerbates the move and gives rational investors a wonderful buying opportunity
Shorters will be taking their profits around 20. In times of fear and uncertainty, price movements are always exacerbated. I have seen this many times - this will just be a classic case of mean reversion.
My personal view is despite the geopolitical instability in the region, BATM's fundamentals remain strong and continue to offer investors long-term potential. The recent events may introduce added risk, but BATM has historically displayed resilience and the capacity to rebound. The way I see it, this volatility just enhances returns for investors who understand that BATMs fundamentals and growth (especially in Edgility) is v strong.
Would love to see this
Datron, I didn't choose the name. The name chose me when I beat the S&P 10 years in a row working as a PM.
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!
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
Dartron, you placed everything on Red and Black came in. The last shorter in town exits stage left, wounded and more than a little bitter
Personally I am surprised this move didn't come sooner. BATM has had multiple positive headlines over the past few weeks with little reaction from the SP. It was only a matter of time before investors began to notice fundamentals improving and SP motionless. Patience will definitely pay off with BATM!
With the influx of positive news recently and the SP remaining stagnant it is clear that prices have deviated from fundamentals. This cannot last forever, and if we continue to see bullish news it will just be a matter of time before BATM spikes upwards
I knew the fundamentals would convince you eventually Nutmegmilk. V strong results for BATM with all key figures outpacing expectations. People will always try think of a reason to doubt this stock but in the end the fundamentals will prevail
Thank you for sharing your insight Resistance, very useful information for all investors. I look forward to keeping a close eye on Ador Natlab over the coming months/years