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

           

Comment from David Schwartz -- F.T.com - 21 March 2009 -

As far as my own trading is concerned, one recent buy was BATM Advanced Communications, the designer and producer
of broadband data and telecoms systems

BATM shares fell sharply in the second half of 2008 because of poor market conditions, plus fears that telecom network
providers would cut back on capital investments.

But the experts were wrong. The companys 2008 profits came in 22 per cent ahead of 2007. BATM also states it saw
no sign of a slowdown in the first two months of 2009.

In spite of this positive outlook, shares have fallen since the latest earnings report was released last Tuesday.
Investors clearly remain concerned about BATMs 2009 prospects.

But they ignore that the company is a profitable, dividend payer with a price-to-earnings ratio below six quite low,
regardless of underlying market conditions. Another plus is that its mobile network management equipment improves
network efficiency. Network operators might wish to reduce some capital investments during hard times but
it is less likely that they will cut back on products that improve profits.

It is also worth noting that the company is shifting to a software-style business model which will provide initial licence
fees followed by periodic servicing revenues. As a result, its future earnings stream will be smoother and more predictable.

One final plus is BATMs expansion into markets such as surveillance and medical devices. It recently took advantage
of unsettled economic conditions to make several small bolt-on acquisitions in these areas.

All together, I believe the City had overdone its concerns about BATM and a recovery is on the cards.

http://www.ft.com/cms/s/2/b093eba2-1579-11de-b9a9-0000779fd2ac.html

Someone nibling 1,17 million after results and moving over 5%...........

J O Hambro Capital Management Group Limited

Date of transaction (and date on which the threshold
is crossed or reached if different) on 19 March 2009

New Holding 20,681,280 shares - 5.16% ( 19,664,493 shares )

Reason for disclosure moving over 5%

an easier chart for dopes like me to read!



if sp can now breach this 25/50 dma hurdle, then tasty run could/should be on the cards

Another rise today as the order book is strong.

The "AT" have been busy as some large trades are going on and volume goes to over 2M

cynic

re- an easier chart for dopes like me to read!

If only we could know the days for the the lines of the Moving averages, then we could all enjoy.

I do know the GREEN one is 50 MA

sorry .... red is 25 and black 200

With the rise of the last couple days the shares have again moved over
the 50 days Moving Average, considered positive

I can see some new shape developing on the CHART >>>>> INVERTED HEAD and SHOULDERS

Inverted Head and Shoulders

A head and shoulders bottom is a reversal pattern which occurs following an extended downtrend. This bullish pattern is named for the three lows which resemble an inverted head and shoulders pattern. The buy signal is when price breaks above the neckline.



EXAMPLES

Further rise today to 26 / 26.50p +0.75p at the moment, with some good volume at LSE.

This is good news for the chart as the 50 days MA is being crossed UP again

Strong till the end and no "UT" so middle price was the closing price as the shares move UP just before the close to 26.75 / 27.25p + 1.50p.

Nice white CANDLESTICK today

certainly starting to look good, though the markets are generally very strong

I managed to get the chart of how the chart is shapping to the ..................INVERTED HEAD & SHOULDERS

There are three good reasons for looking optimistic at the moment on the charting business

1 - The 50 days moving Average has been surpassed for some time now

2 - The Inversed Head and Shoulders is getting closer to the BREAKOUT though still far away but today's volume helps on the rise (right shoulder - rise and volume )

3 - The TREND has change also during the last week and is now more confortable than in the past >>>> UPTREND

The above comment on a chart

More noices about ETHERNET defying the downturn .............

Carrier Ethernet market defying downturn

Campbell, CALIFORNIA, April 6, 2009 Market research firm Infonetics Research released the first edition of its biannual Carrier Ethernet Equipment report last week. Highlights from the market size, market share, and forecast report follow.

ANALYST NOTE
The economic downturn favors carrier Ethernet technologies and products, as they are a less expensive alternative to legacy equipment. In fact, service provider investment in carrier Ethernet equipment is growing faster than overall telecom capex. Carrier Ethernet is one of the key technologies globally integral to IP next gen network transformation projects pushing the move from TDM to packet based networks. These IP NGN projects depend heavily on IP, MPLS, and Ethernet, and gradually will employ the use of Ethernet transport instead of SONET/SDH. Service providers spent $17 billion on carrier Ethernet equipment in 2008, and will increase their spending every year at a healthy clip over the next 5 years."

Carrier Ethernet market defying downturn

And yet more good news for BVC with TVs internet for the future ...

http://www.ft.com/cms/s/0/3731ef52-ddb6-11dd-87dc-000077b07658.html

Things are Improving from the last time .........                BVC.LS - BATM ADVANCED COMM (LSE)

Date	Open	High	Low	Last	Change	Volume	% Change
04/09/09	28.2500	28.2500	28.0000	28.2500	+0.2500

Composite Indicator Trend Spotter TM Buy Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Hold 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 735042 Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Buy Medium Term Indicators Average: 25% - Buy 50-Day Average Volume - 777186 Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Sell 50 - 100 Day MACD Oscillator Sell Long Term Indicators Average: 67% - Sell 100-Day Average Volume - 759375 Overall Average: 24% - Buy Price Support Pivot Point Resistance 28.2500 27.9167 28.1667 28.4167

Very good volume after a large 1M trade at middle price earlier at LSE
and share price ready to break ( the neckline ) after completing the INVERTED HEAD and SHOULDER .

Things are looking brighter this afternoon also and the stock has reached the high of the day to 30 / 30.50p +2p

spread 30 / 30.50p +2p

As I said earlier this morning there was the posibility of a BREAKOUT from the neckkline at the INVERTED HEAD & SHOULDERS pattern
today, and the point to this to happen is at 30p as the chart I made on the 26 March 09 shows below