The main points at the Year end results were:
* Strong cash position: $55.2 m and no borrowings (2001: $56.6m)
* Significant R&D program maintained
* General and administrative overheads reduced by 37% - in line with strategy
* Awarded an exclusive contract with a leading regional Bell operating company in H2
* Won first major contract for VOIP platform in the US

The company is increasing its presence in several markets which have substantial potential, including the Far East and despite the recent decline in revenues, they are now serving more customers in more countries than ever before.

Dr Zvi Marom, Chief Executive has ensured the company is debt free and cash rich. He has kept a tight control on expenditure and been very smart as to whom he chose to do business with.

The high speed Internet business just taking off and systems have to be upgraded to take up high data load and telcos simply need equipment’s made by makers like BATM.

With time, Financial Institutions will seek out companies which represent good value and strong potential in terms of their growth and BATM is one such company.

BATM shares are trading at cash position 8.50p but at half their NAV of 17p, with all this good points, and the trend on the chart is definitely on the up since the start of April, time to get on board. Dates -- News
09 Dec 08 Signed a contract of medical equipment in excess $1m with substantial upside in the future
07 Jan 09 Revenues will exceed $132m for the full Year 2008, results early March
17 Mar 09 Year results Pretax rise 20% sales 39% and dividend to 0.69p
1 April 09 Vigilant Technology Expands Operations to US & Singapore
12 May 09 Update - cautiously optimistic it will meet targets
14 May 09 CEO Zvi Marom, buys 200,000 shares @ 31.375p
Newspaper comments
18 Dec 2008 Share Magazine selects BVC for the Growth Portfolio
18 Dec 2008 Share Magazine selects BVC for the Growth Portfolio
05 Feb 2009 investegate/article Investech shareholding
18 Mar 2009 CEO video after results - post 19569
18 Mar 2009 Investors Chronicle says "BUY" after 2009 results -

Intraday

4 month candkestick with Indicators ad support /resistance

6 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 5 days

Links    batm web    Vigilant Web    PLUS Market Trades

           

up 19% intraday 0n 1.8 million traded :-)

Is having the live of their time this week .

Buys pile in this morning from the start and the price move up accordindly 15-17p now

Well the shares have gone nuts this morning and had a pause all afternoon, nevertheless, plenty of dealings have gone on and now the shares are at 20.25-22p with a record volume of 7.9M.

Have broken the resistance at 18.50p and now looking for a new high.

a last minute charge and the shares 21.50-23p, lets see if we can break the 22,50p, then the sky is the next limit.

Cisco about to bid is the rumour in the USA!

When did you hear that one Leo..?

up 12% at the end of the day and will climb to 40p by the end of the month.. I feel ..

Looks like its having breather.
Saw a fascinating example of how to trade BVC at the Moneyam Traders Day. Will never invest in this one but with such a wide spread it looks great for any direct access level 2 traders.

Seems that this one is having a bout of profit taking. Anyone have any news on how the company is doing?

I peg you as right. Just appears to be nerves and profit taking. There only appears to be good news apart from the price :-)

From another thread

Master RSI - 19 Sep'03 - 12:38 - 2452 of 2483 edit
On the chart below, there is a channel uptrend ploting a line at the tops and bottoms, the share yesterday / this morning has touch that floor and is now bouncing, hoping for a new high.

The movement should be higher highs, and higher lows, to keep the uptrend

thanks for the graph...Lets hope goes that way.

Jules99.

A very nice rise today 13-14p + 0.75p as investors are getting in ahead of results on the 18th November.

--------------------------
RADN a competitor to ITK had a very good results, though they were weaker last year
Link.. http://finance.yahoo.com/q?s=radnw

The shares were up 43.5% on today's news........

"Earnings for third quarter 2003 benefited from gross profits of $7.1 million, 78% greater than the same quarter of 2002 due primarily to increased sales and new, lower cost products introduced during second quarter 2003. "

23p here we come still very much in an uptrend

Great stuff here we go then in my view as we have now crossed back above the 50 day moving average should see a nice rally

thought so good call even if i say so myself :o)

any news

alcatel to be mamed winner for a major south east asia contract, in which batm will be the supplier of the switches. a number of other contracts still pending as alcatel endorses batm's products through their recently signed jv

DYOR and digging -

BATM most assume will be on the verge as the come back stock, even if they win just a couple of the contracts out of the several they are in talks with...present price on April 20th is 23p...

watch this space again some time... jules99..

whats happening with this one
up and down more than a ##### knickers

now flirting with the 200 ma