Not that many people follow this board, However i thought I'd bore you folks anyways...At 20p a stock not expensive in my opinion...BATM's again i thought were a consideration, Quite rightly in the heedy old days I just couldn't afford them outright!

At only 20p the're worth it I think...cheap for the trolly...

Any holders, or followers from the heedy days...?

jules.

up a little again at 21p to buy now..

Mentioned Bvc's a while back and didn't see much response, in fact at one point I thought the MM's were playing with Bostick Glue, with the price sitting at 18/19p for weeks...well they weren't and at last..................it's moving....!!!

Up 15%...at last...phewww!

21p to buy..

Jules.

Looks like quite a lot of buyers nibbling away. When this goes up it normally shoots up, so fingers crossed.

Hoggie

It is now up almost 18%...Has to get past the 25/26p mark...before a real recovery is seen, I know There are many large Inst Investors who have been purchasing BVC, this will come to light in the next few days if and when they have to declare 3%+..

Hope ur right hoggie...

jules.

Opened up far better today and gradually closed marginally higher at 22/22.5p...the start of something new...needs to surpass 25/26p mark to convince me however...till then I'm holding tight...at least there was no bubble gum...

jules

Exchanges going on between bid and offer on level2 for some days with wide spread between, now seems one side has given way for a bit, be interesting to see L2 tomorrow!

Jumpin...whats ur consensus on Batm's...they appear to lack enthusiasm again...

TAKEN A LOT OF PATIENCE......

BUT...3P UP AT LONG LAST UP - 15% ON DAY...


thought this golden stock of 1990's was never moving...

21-23P

Are you expecting a further move Jules, I have been for some time and have sat on the shares patiently. I'm tempted to sell now.

Angi,
I bought at 18/19p hold a fair amount, in my honest opinion the earth has not moved yet, I expect it to move further in the coming weeks, It's been quiet Tooooo long, results were not as bad as expectations henced moved up to 23p at the time, think 30p-40p is my near term target, after which I will reconsider the market events demand/supply etc, considering I'm only up 3p at the moment..!

Just my own thoughts, It may continue the rise further after todays unexpected activity...I used to dream of owning BATM's when they rose magnificently in 1998/9...ahhh bisto...lol...

Jules99

Jules, I think Ure right (4 wot its worth) this looks like a classical (mmm) chart break-out scenario. The shares have been climbing nearer and nearer to 20p, a resistance level which has held for over 2 months, and at each attempt to move above that level they seem to have been pushed back down.
However, the fall at each attempt was successively smaller check graph above or is it my imagination?

Theres a tussle going on between buyers and sellers - we can see trading volume shooting way above normal on 3 occasions, which indicates, a confirmation of the significance of the move about to be made.

Also - once this price has moved above resistance at (Id hazard) 20p, it would have to re-test that level as support, a new floor for a new trading range.

The share price may temporarily ease back below 20p, but fresh buying should lift it back up again. According to a Mr. Louth - it is at this point, we can say the chart breakout is confirmed, and which should mark the purchase point for those who want to be sure the move is valid.

I just thought your comment and BATM fitted almost perfectly as an example of what Id just read time will tell Ill B keeping them eyes peeled! Forgive my impertinence I just got excited (annoying misplaced enthusiasm), when I saw BATMs graph and the, wot I consider to B declining resistance! I could B completely WRONG!!

(Check : http://money.msn.co.uk/investing/Insight/SpecialFeatures/MultiplyYourMoney/chartbreakout for his article)

ANGI - Patience is a virtue someone once wrote...

..It's funny but I know the graph/volumes for BATM adv by heart...probably because movment has been little to nothing for so long...but this will change accordingly, a near term contract news by the co would bring in huge interest from all angles, speculating year end price targets etc...

For the momnet Im happy to forget about the money tied up in BATM...I would want to see my money at least double down the road...3p rise is not going to buy me a motor...!

Anji how long you been trading?
Jules99

Angi - it depends on where you bought in.

If near the lows, it might be sensible to take some, or all of your profit in the near future.

If you bought around 10p, then you could think about taking out your original stake & hold the rest for free!

Although I do believe there is more to come in the light of today's contnued rise on the back of yesterdays high volume!

Sounds like Jules might be the impatient one!
Let him wait for his new motor!

Fly by Night

Red

BATM's motoring new interest...26-27.5p to buy...

Stock was quiet way way too long.

A lot of patience..but paid off...

ta..

jules99.

Most recent good news I found...Just incase anyone thought I was buying close eyed...lol...


Press Release Source: China Wireless Communications, Inc.


China Wireless Announces Distributor Agreement With BATM, Forecast Sales of BATM Products Over $1,000,000 in Next Year
Tuesday August 5, 8:32 am ET


DENVER, Aug. 5 /PRNewswire-FirstCall/ -- China Wireless Communications, Inc., a Nevada Corporation (OTC Bulletin Board: CWLC - News) today announced that the Company has signed a "Distributor Agreement with BATM Advanced Communications." BATM is the manufacturer of various electronic products and switches for the transmission of data. China Wireless has forecasted future sales of BATM products in the next year of approximately $1,000,000, to both public and private enterprises in China.
BATM leverages more than 30 years of carrier networking experience to improve the overall performance of public and private networks, through its American subsidiary, Telco Systems.

According to Mr. Phil Allen, president and CEO of China Wireless, "We are very pleased with this Distributor Agreement. We believe that it will add great value to both companies in terms of increasing the revenue base and adding to shareholder value."

About China Wireless Communications, Inc.

China Wireless is a development stage company providing the exclusive marketing, technical, and support services to a wireless broadband provider in Beijing, China (PRC). Our partner, Tian Gui (Goldvision), controls and operates 7.6 Ghz of spectrum or the following frequencies in Beijing, China: 14.5-15.35 GHz (850 MHz); 17.7-19.76 GHz (2.000MHz); 21.2-23.6GHz (2.400 MHz); 27.06-39.44 GHz (2,360 MHz). In addition to being a provider of broadband wireless access they are an ISP, and have a VSAT license for all of China.

Forward Looking Statements

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially form the expected results.

Jules - I don't trade, I invest. I missed the long run down but have since been to a couple of seminars on spreadbetting and would like to 'dabble'. I haven't yet found the courage as I don't know enough and am not naturally foolhardy. I try to follow all I can on crazyposts but am finding that it's confusing, selling too soon, trade and invest are different and I'm trying to marry them. However, it is educational and very entertaining as long as don't lose too much money.

What are your latest tips?

Angi

The one s Im trading and buying at prsent this week include..
I bought into GX NETWORK, A LOT OF UPSIDE ON THIS ONE, from what I have read...
Bought these at 6p...see Golfingers Thread on them, were also tipped in SHARE mag July.

Serco - good investment I beleive...companys turnaround and massive orders, 10 BIllion in books..1.88p to buy-fell

RTD - hopefully willmove further with Results...

Spend time researching into these...

Ta..
Jules.

Jules

I bought (and sold) Serco years ago and always thought it a great company but it came down massively with all the others. It will be good to have a money making company again.

RTD, I bought these years ago and lost heavily and have been in and out recently. Only made small amounts to try and get my money back, and I know that's a silly idea. I've just received a report from City Equities and the history is grim but they have a lot of blue chip clients and if the economy does improve as the market suggests they have some contracts in the wings that may well be signed.

This report says that the results will be bad. Perhaps this will cause a big drop and a good buying opportunity for long term.

Batm are stuck today. Another chance to get in?

Just noticed a single massive BUY 750,000 @ 23.25p going through, how were other trades going through...???

How were other trades going this am..?

Do Institutions know something...??

Fellas...

Another 2.8m BUY just gone through at 24p...price rising also now 23-24p though mid is kept back as I write.

Thats a minimum of 3.6m shares bought BATM in last half hour...something interesting in the pipeline I'm thinking now.

Any Ideasor rumours circulating on other BB's??

Jules

Down to 21.75 this morning and still falling. I'm going to wait til it stops falling or starts up again and buy in again.

Results due tomorrow!

I'm hanging in!

Red

results due tmor?...didn't know that...missed that one didn't I...!

Will check, that may be the reason the huge volumes going through 2 days back...

Will hold on also..

ta.

Jules99.

Difficult to get dates or anything else foro BVC !

Results date came firstly from a guess (6 months from last) then confirmed by friend with GNI access!

Red

Results are tomorrow. Share price up 22.5 now. I'm in.

Hopefully we might be surprised on this one and there could be some exceptional news reported.

If the High volumes are to be believed at 24p.

Good luck to all holders.

Jules99.

31,436,624 shares have been traded in Septemeber. IF each share was traded only once that would be 82.73% of the company!

Lots of changes in Directors holdings & Lots of changes attributed to large holders.

I'm not sure what it all adds up to! Could be a real bonanza of report tomorrow or an elaborate ramp!

We will just have to wait & see!

Red

'HOPE' and 'FEAR'...

You 'HOPE' for the best but 'FEAR' it might not happpen...

Your not alone on this one Red Underwing, a few holders following...

All will be revealed in 420mins ...

8.50am still waiting for results...





yawn99....

Yep!

Skipped my morning exercise waiting for em!

The price edged up slightly early on and a bit more since. No reason why unless someone has advance access, so I expect it's just MMs doing what they do!

Red

u guessed it...mm's...going to pop out now..hopefully the results will be outstanding when I get back and BATM will be 30p to sell...(yeah right I wish...)

:-)

Oh!

If you are going out the results are bound to appear ;-)

Thanks

30p? Don't be defeatist!


Red

This is really a very frustrating company to find check out.

No website.

Dates probelmatical!

No contact details of any note!

How did I get in here?



Fly by Night

Red

I phoned BVC although you can't seem to get their number (how do they do business?).

The number in the AGM statement takes you to financial Dynamics! They put me through to someone (anonymous) who said they had not yet issued a statement giving the date but it would probably be at the end of the month!

So we carry on waiting!

Fly by Night

Red

leave us hanging...and the rest...

Ive found some predictions for BVC results at:-
http://uk.biz.yahoo.com/z/b/bvc.l.html#cover

But they look as though they have got it all wrong!
BVC are not likely to make 16.24 next year! I suspect the decimal point needs a little adjustment & having looked at other companies, using the same site, it could be USD & not GBP! Even though they say otherwise!

You will doubtless note that 100% of the analysts agree! Thye always will ,except after a heavy night in the local winery, that might just be because there is only one.

I would add, that there seems to be a lot of news about increased activity & contracts in the telecoms world particularly in the US & Canada but I'm not sure if this will benefit BVC.

But browsing the BVC webs site might convince you one way or another.

BVC web sites: -
http://www.batm.pl/

These two seem to be the same site.
http://www.batm.com/
http://www.telco.com/

Products
http://www.avdcs.co.uk/html/nav/f2_batm.html

http://www.bluechip.lk/batm.htm


BATM has equity stakes in Lynx Photonics, Shiron Satellites, and Eldor Computers. Lynx Photonics develops robust photonic crossbar technology that is capable of handling terabits of data simultaneously. Shiron Satellites specializes in the development and manufacturing of VSAT systems and high-speed Internet satellite modems. Eldor Computers is Israel's premier integrated solutions provider. BATM also fully owns BT&T, a leading provider of telecommunications testing equipment for Israel's PTT and the Israeli defense forces.

BATM has strong strategic alliances with world leaders, such as Sun Microsystems, Nokia, IBM, Samsung, and 3M. These bases of cooperation along with BATM's leading edge capabilities are the reasons why BATM is capable of delivering the future now.
~~~~~~~~~~~~~~~~~~~~~~
Looks like BATM took over Telco Systems in 2000.
Telco news looks reasonable or just well presented!

Fly by Night

Red

Red Underwing

16.24 per share is not a bad result! What is going on this morning? Every deal has been a buy but the price has gone down.

Thanks for all the info.

I find 16.24 p unbelievably high!

16.24 cents (where do they get all these silly decimal points) also seems too high to me. Sorry an excess of decimals points is one of my hobby horses. Usually they can't get the first figure correct, so how can they expect to be right about hundreths or thousandths of that. Grrr...

I don't trust these analysts. With all the grief in the industry over the past year or so I would be happy with a reduced loss of say 8p.

I think the future looks much rosier.

Some news items to support that view but not specifically about BAT Man:

http://finance.lycos.com/qc/news/story.aspx?symbols=NYSE:NT&story=35604302

http://www.newstream.com/us/story_pub.shtml?story_id=10549&user_ip=80.6.37.73

http://www.nortelnetworks.com/corporate/news/newsreleases/2003c/09_08_03_optera_metro_5200.html?NT_promo_T_ID=optera_metro_5200_09_08_03_rln_nr

What we need now is a date for those results, we should see a notice today I would have thought. I'll just check before posting this.
No!
Nothing yet!

Red

Red, be careful, they will find out where Tracy Island is, if you keep talking about them ;)

Tracy Island?

Sorry Angi!
Jumpin is getting the threads mixed!

It refers to my posting on the BHM thread concerning The completion of their 'Fab Lab'

If you think you might fancy a holiday on Tracy Island you can check it out at:

http://www.otherlandtoys.co.uk/tracy.htm

Fly by Night

Red

Whoops! Wrong company and wrong thread! :)

Finally we have the date 26th Sept.

Next Friday!

Will they come up smelling of roses or the other stuuf thatb makes the roses grow?

Fly by Night

Red

Red Underwing Thats right 26th September...Hopefully a new high from here onwards...26/27+ would be newbreakout...any thoughts for next week..?

Jules99.

Looking at the chart through my crystal ball I think 27/28 is achievable. 27.7 it say here ;-)

But what happens if they turn in a loss of say 10P/share (the downside). I can't see the price holding.

If the loss is 1p & an upbeat statement concerning trading & contracts & prospects, then the price should carry on up.

A modest profit & an upbeat outlook would see them fly IMO.

I'd prefer not to take the risk & would be happy to exit with any sort of profit. I need 23.7p to break even.

I'll consider a limit sale sometime into the week!

Fly by Night

Red

The risks on this are extreme imo. Fwiw, I believe a reversion to 7p is on the cards versus 70p+ on a breakout through 30p from these levels (23-25p).

Nag, Dyor etc.
TomL.

TomL

what is your reasonimg?

What is your opinimon of the analysts froecast of 26 p EPS for 2003/4?

See:
http://www.research.reuters.co.uk/Research/Earnings.asp?ticker=BVC.L&country=GB&mxid=100050837&companyName=BATM+ADVANCED+COMMUNICATIONS+LTD&sym=RE

and (this is a repeat from above):
http://uk.biz.yahoo.com/z/b/bvc.l.html#cover


Fly by Night

Red

up 15% friday...this week the chart looks excellent...

stormy ride mind you..

From the Indy on Saturday
http://news.independent.co.uk/business/market_report/story.jsp?story=445179

Traders moved into fellow telecom equipment group BATM Advanced Communications, pushing its shares 3.25p to 23.75p. "Given the re-rating we have seen at Spirent in recent weeks, a similar trend may well be on the cards at BATM", said one trader. The stock is underpinned by 11p a share of cash on its balance sheet and is expected to posts interim results next Friday.

Fly by Night

Red

The answer is NO.

Price appears to be turning positive ...suspision is BATM'S could be the silent surprise of the week...

+3% at noon...

Well tomorrow the results! I hope they are good.
Meanwhile a couple of news items I hadn't seen before.

From the Optical keyhole site:
http://www.opticalkeyhole.com/keyhole/html/cosearch.asp?coid=322&coname=BATM+Advanced+Communications+Ltd&subs=0

Looking up BVC I found these two news headlines, which I have not seen on any other less specialised news feed.

I can't read the body without subscribing & at 125 USD a week I don't think I will! Although its only 275 USD for a month.

8/25/2003 Israeli integrator Netcom Systems deal could yield $5m over 3 years for broadband specialist BATM
8/5/2003 BATM signs distributor agreement with China Wireless Communications targeting enterprise market in China

Fingers tightly crossed

Fly by Night

Red

hey RED,

Now thats looks very promising, I hope this news is popular...tomorrow/today shall we say...

:-)

Minus 13% doesn't look very good. Is this just because the rest of the market is retreating or is it time to jump. I see that a few more people are buying than selling but not a lot.

Promises, promises promises. Time they performed, broadband has boomed for 12 months but there's nothing in their figures to suggest that they're getting any real business. Too small for major telco managers to risk installing their products I'd guess.

Red, sorry my post 46 was a bit short and unfortunately has been borne out by events today - mid 20.25 (range 20.75-18.00 on 1.2mio shares traded, gapped down).

I'm a stock tape reader and my comments were based entirely on my analysis of the stock's behaviour. Sadly, I find most analysts material far too optimistic for the times in which we live and fundamental analysis on most TMT's is almost always impossible to accurately corroborate in relation to companies in these sectors but outside the ftse100 - Batm is no exception.

The Co. does have a good business model and competent management and technical excellence in its niche. Fact is Batm do not control the marketplace in which they operate.

I believe conditions will improve for them, albeit slowly. I believe Batm represents value again at 7-8p. I have no long/short lines in Batm.

Best wishes,
TomL..:>)

The Israelis are renowned for their IT skills and this contract with the Iraeli Defense Force looks promising, more so as they will be sole contractors. I am sure major telecos will buy in especially with security being so high on the agenda, furthermore they are sill very cash rich. I will stay until final results in March.

TomL
Thanks for the additional information. I thought stock tape readers were no more! Has the activity changed but with same 'title'?

I was expecting a loss maybe as much as 7 or 8p but thought the additional information was pointing to a smaller loss. A 1p loss was at the top end of my expectations (message 45), but I believed that would be quite well received. Doesn't look like it was today:-(

They seem to have enough cash in the bank for continuing operations ( about 3.9p per share at first glance).

The Telco subsidiary skould be well placed to pick up new contracts.

The trades today seemd to indicate some support. I doubt the last two trades shown were sells but I haven't had a good look at them yet.

I hope Monday will be a better day, but don't count on it!

Fly by Night

Red

It seems to be the flow, stocks going down on or after results...seen this with many recently...however we have had a good run since march/april...we cant knock that...

Will hold and forget for the moment...

jules99.

Red, no probs.

Fwiw, I find it best to look at intra-day/closing trades on stocks like these against prior day and weekly data principally because, if you get your timing right (on an inter-day basis), these kinds of stocks can yield massive profits.

Two things I do (and everyone is different, you get to know what suits you) - first, I only intra-day trade SETS ukx100 which requires a whole different trading approach than the rest which I "position" or swing trade..reason:ukx100 provide lots of liquidity during the day whereas the rest are by no means as seamless, particularly on spreads.

My "patience" money goes into non-ukx stocks when the overall mkt conditions/trend are favourable.....not so right now imo (although have been since circa mid-march and no doubt will be again)..and my holding will vary from 24 hours(a botched trade) to 18 weeks (a multi-bagger)..that's in the selection process which has to be as good as the trading approach, I hate 10 percenters but that's merely my personality..they require much more sweat.

Second, I'm ruthlessly mechanical - I have complete confidence in my own proven trading approach (you have to be, otherwise you are dead..nb word "proven") and if they are not moving in the direction of my position by the close of the following trading session or fall below the traded high/lows of my entry day, I cut the trade(s)...its your classic M&S "sale, be satisfied or return" policy.

I don't know your approach, but I used to find that if I constantly watched the screens on these kinds of stocks then that would tell me something needed a fix in either the money (line too large?), mental(why do I feel bad about this trade?) or methodology (why do I lack confidence in my trading decisions?) departments.

All the best,
TomL...:>)