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

           

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.

It just shows the bad way those call "analyts" have collected the numer $132M revenues as the company has said for 2008 as minimum (Revenues will exceed $132m) and placed them as for 2009 and just say no growth. ( no research what so ever, just a cheap 5 minutes update is my opinion.)

When on my account the 132M revenues for 2008 will be surpassed by a few millions

Able to BUY at middle price online

A few good size trades ( though some look like - roll overs - same size and almost same time but same price also not right )
The trades are at both LSE and plus market at middle price 33.375p (33 / 33.75p)

Looking at online prices, then one reach the conclution are buys, as that is the price online for purchases.

Most likely the MMs trying to get rid of some overhang from the sales last Wednesday.

Obama's Broadband Plan

Tax breaks for companies that increase Internet speed or create new networks are likely to go to existing large players

The Obama Administration has pledged support for universal broadband, or making speedy Internet service available to all Americans.

http://www.businessweek.com/magazine/content/09_03/b4116027365196.htm?chan=rss_topStories_ssi_5

re -Obama's Broadband Plan

Certainly good news for BVC, already well known Obama's plan, but as he is getting close to being on OFFICE the talk is being made stronger and the Tax credits will be a major help on the proportions they are mentioning.

Looking positive today after a few days on the downturn, some good large BUY trades last Friday

An end of day close above the 50 day moving average at 34p and a weekly close through the January intraday high of 39p would "confirm" that a major base has been made, and that we could see substantial gains