The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Stock sensei,
My prediction is that the stock will float around the 50 point until the earnings are released then i predict the share price will let rip!
Additionally,
The reason BATM has increasingly captured my interest is that it holds a particularly strong balance sheet. BATM is particularly cash generative with a strong net cash position as i have stated in a previous post. The company is adamant in supporting growth in investment, and its dividend policy is an added bonus. BATM have reinstated their dividend policy from FY 2020 and will consider other forms of returns such as the recently-announced intention to commence a share buyback programme.
Let me know if you have anything to add although i think that factors such as these are enough to keep someone like myself, glued to the stock chart to see it rise.
James,
Agreed, I think the potential reason Ennismore have attempted to short BATM is because they thought that the Russell announcement would add extra weight to their argument. Im not sure if their attempt was a joke or not as it seems to have failed quite miserably. Pedestrian investors like myself and others included have kept strong and i think we will see a great bounce back from BATM which i wish to be apart of.
Max19,
Yes i certainly see this as a good buying the dip opportunity, especially as the misinformation subsides we should see a fantastic bounce back! Strong and sturdy earnings of 12.6 mil after tax is what's keeping me in the mixer!
Agricore, i agree with you. I don't question shorting as a money making method however i do question the means to which this particular stock has been 'shorted'. The severe lack of understanding and misinformation takes a toll on pedestrian investors such as myself and others within this chat. I don't have time for people who call themselves a rat and spread misinformation about a reputable stock.
I would like to hear your opinion on the blog itself.
MaryBr190,
I agree, hopefully people take their time to listen as i think it puts some positivity into the current situation and looking ahead!
Additionally i have found an interesting podcast/interview of the BATM CEO shedding some light on their current operations and handling of occurring situations. Really interesting listen whilst eating my beans on toast., can be boring at times but definitely worth a listen in my opinion.
i will link it below, let me know your thoughts
https://audioboom.com/posts/8020113-midweek-takeaway-with-dr-zvi-marom-ceo-of-batm-advanced-communications-lse-bvc
Resistance1,
I agree, the blog had me fooled over the weekend as i actually thought school-boy investors would take into account the shorters blog. Anyway as i predicted the bounce back is coming along nicely and the shorters have failed miserably.
Resistance1,
I agree, the blog had me fooled over the weekend as i actually thought school-boy investors would take into account the shorters blog. Anyway as i predicted the bounce back is coming along nicely and the shorters have failed miserably.
Bluerill,
Is this some sort of sick joke?! I cannot believe the amount of misinformation surrounding BATM. Yes yes I know it’s currently tanking but the use of a senile blogger to increase their short position is quite pathetic. I must agree with stock sensei, novices Will soil their pants and jump ship at the sniff of some bad yet inaccurate information.
Let me know your thoughts on the future projections of this stock as this seems like a good buying the dip moment.
Stock_sensei,
It is not so much that there is confusion over the companies quite impressive resume in which continues to improve. I think the recent sharp hit in share price is due to the FTSE Russell announcement.
BATM's strong diversification prospects and balance sheet is more than enough to keep me in the mix of things. For people like you and I, it is a good buying the dip moment as you mentioned in a previous post.
Stuartrm,
One may hope... However we cannot assume that BATM will waste resources debunking such a pathetic attempt at shorting a reputable business, through someone who claims to be a RAT?
MaryBr190.
As I mentioned before we must not be speculative after reading such a flimsy report.
It is a Biased report to serve the purpose of short position. Is it being funded by German based Ennismore who have a short position on BATM and last year got burnt by taking a short position and lost millions? So, this time they are trying to make sure and funding this spurious report?
I do not hold a large position in BATM so bed wetters jumping ship do not concern me. Hopefully the misinformation is corrected and the truth comes to light soon, however as i mentioned before this is just an attempt to short positions using exaggerated information to fuel assumptions.
Dartron, I agree.. how people wet the bed over blogs such as the one produced is beyond me. Its filled with misinformation and over exaggeration of the current circumstances, which evidently would force faint hearted investors to jump ship. Who is funding this blogger’s research and is it a surprise that the report is slanted because the blogger has taken a short stance on the company?
The blogger shows distinct lack of knowledge of accounting and audit standards and principles throughout the report.
HappyInvestor100, there is nothing 'happy' about your comments on the long term attractiveness of BATM. Perhaps if you considered doing your own research like I have, you would live up to your name. Accusation of enriching insiders is without proof and smacks of desperation. The company was able to team up with a US company and produce ventilators in quick time using its partners in Hungary as the requirement was for ventilators to be produced by locals. The project was praised by the Hungarian government. I agree that this blog is well-written but i cannot help but notice that it is in desperation. Besides, the author is a self proclaimed expert shorter.
Hi guys, quick message to gather some thoughts on BOOHOO, currently sitting at an average price of 292 and have felt both the highs and lows of this stock from 400p right down to the current climate. I have done my research and in the long term this stock does not look so sour, however i am seriously considering crystallizing my losses and accepting the sunk cost.
Currently looking into SpectrumX which is set to make its IPO, seen it in the news recently and over the front page of LSE which definitely sparked my interest with leadership in patented shielded HOCL formulations that have numerous applications in medical/pharma fields.
Been In GSK since February and wearing almost a 15% gain which i'm pretty chuffed about , not sure what you guys think about GSK going into the future but i'm pretty happy with these returns and am thinking about investing in a PRE IPO called SpectrumX which i have seen on the homepage of LSE and the Sunday times. SpectrumXare leaders in proprietary formulations of HOCL, so looks promising for the future of pharmaceuticals. Have not dabbled with Pre IPOS so wanted to see what you guys think?
Hi all, just wanted to gather anyones thoughts on PRE IPO's. Currently looking into a PRE IPO named SpectrumX who are innovating the pharmaceutical market. Not sure whether this is a smart moveto invest in a PRE IPO especially when deliveroo was initially a disaster. Can someone please let me know their thoughts.
@Resistance1
Yes i recall indulging within an article about SpectrumX in Sundays paper, i have not heard anything about this evenings seminar, however it has caught my interest . Regarding your point about the 10K minimum investment, don't you think this is a big ask for a Pre IPO, or is there a reason to be excited about this Stock? I mean we all know what happened with Deliveroo which looked as though it was going to be a money maker!
Hi guys, just posting to see if i can gather anyones thoughts or experiences with pre IPO's? i'm currently wearing a 13% loss on boohoo and i think its time to turn my attention elsewhere. Ive been dabbling with a company called SpectrumX which is making its IPO in November. Looks like a promising investment but need thoughts on whether pre IPO's are worth it?