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

           

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?

halifax

re -british bulls

I did follow them on the past but as I am not playing on the market since late July, I was not on this call, I will look later if what you said is true.

My call is base on the " double bottom" , and - british bulls - is usually base on the CANDLESTICKS.

1 month Bollinger Bands - 50 days MA - Indicators

My Christmas wishes fly to you,Like lovely snowflakes from the blue,Spilling gently from my heart,Falling softly through the dark, Until they find your candlelight,Through whispering winds that sing of night. May peace and joy wrap you in,Blankets of love, where hope has been.And may your kind and gentle ways,Be blessed with happy, peaceful days,Becoming more beautiful with every thought,Like every flake the earth has caught.

Some more colourful charts

BVC performance againts the Techmark for the last few month, has underperformed as the share price more than half

BVC Still outperforming by 25% on a Yearly basis

For all the followers of this thread
And a prosperous one

Ring out the old, ring in the new,
Ring, happy bells, across the snow:
The year is going, let him go;
Ring out the false, ring in the true.
Alfred Lord Tennyson

After today's rise the chart is looking rosier

6 month MACD & RSI

A supper finish price as the "UT" was at offer price 33.50p

Volume has pick up today, and at last it was buys the one that were taking the lead by a good way.

How the chart is looking just now, ready go over the 34p greak point.

BVC 35.75p +2.25

Yesterday's "Keep and eye" share on the UPS thread is doing well after surpasing the 34p break point.

Master RSI - 4 Jan'09 - 17:56 - 12 of 28 edit
KEEP an EYE
BVC 32.875 (32.25 / 33.50p )

Rising volume and share price, it needs to go over 34p for the double bottom to be realised and change of trend to UPTREND.

The MACD has been rising since early OCTOBER after reaching a low of -4 on the scale

Another take at MACD bullish mood

Trading update out today, and sp up to 37.75p now with healthy buying.

See below

BATM Advanced Communications

Trading Update

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 trading for the year ended 31 December 2008 will be in line with analysts' expectations. Revenues will exceed $132m, an increase of over 35% compared to the year ended 31 December 2007.

As a result of this performance, management continues to view the future with confidence.

BATM will publish its full year results in early March 2009.

The Update is confirming that the growth is continuing, almost the same rate as from the Q1.

REVENUES

1st half 66.4M ( Q1 - 33.2M + Q2 - 33.2M )

UP to 9 month 99.7M ( 3Q - 33.3M )

YEAR 132M + ( 4Q - 32.7M + )

Conclution: steady as it goes, so far no slowdown of any nuture

One of the reasons for the drop in share price yesterday after the UPDATE .........

STOCKS NEWS Reuters Results diary

BATM down; Broker cuts forecasts on outlook

Shares in BATM Advanced, the Israeli telecoms equipment company, slide 10.6 percent as Shore Capital downgrades its 2009 revenue forecasts citing the uncertain economic outlook, following the release of the company's trading update.

"Visibility is somewhat clouded for full year 2009 by current economic conditions... We anticipate that an impact from the global demand environment is likely," says Shore Capital analyst Robin Speakman, in a note.

As a result, the broker cuts its revenue assumption to $132 million from $155 million for 2009 and lowers its gross and operating margin estimates to reflect the adverse impact of a stronger euro versus the US dollar on operating costs.