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

           

Master RSI sure called this one correctly and I suspect few of us followed, myself included

60 - 61p +0.75p

Trying to do a new BREAKOUT after the recent good results, volume is picking up today (positive - volume and rising),

On today's 26 Sep'08
INVESTORS CHRONICLE

The Cover Story
Tips
Sell Old Mutual, Punch Taverns, Expomedia, Hardy Oil & Gas
Buy Kentz, BATM Advanced Communications

SHARE TIP: BATM has found a highly profitable niche in the telecoms equipment industry and is benefiting from its new found economies of scale

BULL POINTS

- Rapid growth in data-intensive applications

- Partnerships with leading telecoms equipment vendors

- Economies of scale are improving profits

- Valuation discount to sector peers

BEAR POINTS

- Strong competition in emerging markets

- Macro-economic risk to infrastructure investment

Shares had a good knocked since the good news with the YEAR results.

below is the position at the moment on the support/ resistance

Yesterday news ...........

BATM says Q3 performance stronger, confident on FY

LONDON, Nov 3 (Reuters) - BATM Advanced Communications Ltd:

* Performance in the third quarter of 2008 has been much stronger than in the
same period in 2007

* Revenues have grown in the first 9 months of the year by 58% over the same period last year to $99,768,000

* Our balance sheet remains very strong and we ended September with effective
cash balances of $60.1M

* Performance re-enforces our confidence of meeting our targets for the full
year

Any changes on the news?


The rate of revenues for the 3Q $33.4, looks much the same as the growth at the Interim stage $66.4M, so if we consider the adquisitions lately were included on the 3Q, then it must have been a slow down on some parts of the business.

My expectations of $140.8M for the full Year, most likely will be a bit short if we look into the $99.8M of revenues for the last 9 month.

F0RECAST YEAR RESULTS 2008
3 September 08
Nickname -- Sales $M - Pretax $M - EPS c
Master RSI - 140.80 ----- 30.30 --- 8.07

From another thread.........

Master RSI - 5 Nov'08 - 14:47 - 18446 of 18448 edit
As I said yesterday the price could have reached top for the moment being, Indicator STOCHASTIC usualy the first one to show the next move, has already cross down (red/blue) lines when it was at overbought situation.

From Investors Chronicle

BATM powers ahead
Created: 3 November 2008 Written by: John Hughman

Telecom equipment provider BATM Advanced Communications said sales over the first nine months of its financial year had increased by 58 per cent from the previous year, and that it was on course to hit full year forecasts.

Last Friday 7th November 08

"The shares have slipped 20% since we suggested buying them (52p, 25th September 2008). But this reinforces our view that BATM's fundamentals are sound. Buy at 40.5p.

How the share price has performed during the different periods this yearShare Price Changes

1 week	41.25p	-3.75p	-9.09%
1 month	39.00p	-1.50p	-3.85%
3 months	51.75p	-14.25p	-27.54%
6 months	42.75p	-5.25p	-12.28%
1 year	29.75p	+7.75p	+26.05%

How the long term chart is looking at the moment

She is very close to reach the point of moving into downtrend and that is around 32p

2 years chart
Share price broke the long-term uptrend

Food for Thought
re -share price performance lately

It takes two to tango, and at the moment the sells outperforme the buys, certainly
it does not help either the sorry market that we are at this point.

Another point would be that one could say the market price does not reflect the profits
expected from the company, but who we are to say that the market, have already
anticipated some type of contraction on the years ahead.

Well that is what is going on at the moment, the shares look terribly cheap on the FORECAST 08,
but maybe some investors are already looking forward to lower PROFITS for 2009 due to the
World crisis, if that is the case, the shares do not seem positive on the charting graph just
now, but they do look cheap on a forward Forecast.

The choice is yours, but do not forget the Directors sold millions last August and have not
"fill their stockings" yet, though CHRISTMAS is coming.

                              

re - SUPPORT
Should be some support @ 28p, further down @ 25p and then 23p at the lower end.

5 years chart

It was some time ago that the company managed to get a new contract, so some good news
on the way $1M+ more on the sales for next YEAR.

Chairman saying :" I look forward to providing a further update in our full year results in February 2009."

February is the time of the Finals, and last year in January there was an UPDATE, but it seems
they have no intetion on providing one next month.

The news early this morning ...........

First Contract in Medical Equipment Sector

BATM Advanced Communications Limited ("BATM" or the "Company"), (LSE: BVC), a leading
designer and producer of broadband data and
telecom systems, is pleased to announce that it has signed a contract with a major German
manufacturer of medical equipment.

Supply of the equipment will take place before the end of 2009 and the initial value is
expected to be in excess of US $1m with
substantial upside in the future.

Dr Zvi Marom, CEO of BATM, commented:

"At the Company's AGM in June of this year we announced that we were looking to extend our
intellectual property, technological
expertise and innovation into vertical markets, with an initial focus on medical equipment and
surveillance. I am, therefore, delighted to
be able to announce such a substantial agreement within such a short timeframe. Initial
interest from this field has been very encouraging
and I look forward to providing a further update in our full year results in February 2009."

re - Posible side ways it could go for a while

Looking back it could easilly move to the movements during mid 2005 till end 2007 on prices
of 24p to 38p, or maybe to the prices of 28 to 37p during early 2007.

Highs and lows during the last YEAR

A good chance of doing a -DOUBLE BOTTOM - and with that a reversal of the las few month downtren like the rest of the market. Results due next February expected to be very good by statements and already record Interims.


                                                          re -double bottom
The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.

More information about BVC..........

Lattest calculation for BVC of a historic a future P.E.

My calculations give the PE on Historical 2007 terms a very low PE at the moment
5.08c at $1.50 gives 3.38p

Historic
Share price 29.875p : EPS 3.38p = PE of 8.84

Shares should be valued on future earnings, so taking my Forecast 2008 of 8.07c it takes eaning of 5.38p a very low PE 5.57 and not taking account of the $60M the company holds as cash worth over 9p

Future Dec 2008
Share price 29.875p : EPS 5.38p = PE of 5.57

Oh master do you follow british bulls as they issued a buy confimed signal yesterday?