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

           

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

alcatel Q1 today. hopefully will announce deals or at least update on the state of play.

Batm interims out on Friday. there were some good buyers today ahead of news on the alcatel venture. Far east major contract with hutchinson/alcatel using the t9 switch

could someone post a copy of the recent shares magazine write up - if they have access to it - cheers in advance

BATM to announce asia and far east deal jv with alcatel as mentioned in shares

recovery continues. big buyer around ysterday

alcatel deal announced as said in post34

BATM Advanced Communications Limited

OEM Supplier Agreement with Alcatel and new contract with major European
carrier

BATM Advanced Communication (LSE: BVC), an industry leader in network edge
technology and IP switching platforms, today announced a major OEM supplier
agreement with Alcatel, the global telecoms infrastructure supplier. Under the
terms of the agreement, Telco Systems (a wholly owned BATM subsidiary) will
supply Ethernet products to Alcatel. BATM was chosen because of its unique
technological capabilities and the superior cost / performance characteristics
of its products.

Dr. Zvi Marom, BATM's CEO said: 'It's a great privilege for us to work with a
market leader like Alcatel. Combining their extensive suite of products with
our Ethernet products, will create a winning package for the bids for new
generation networks which telcos are increasingly inviting. This agreement with
Alcatel is another step forward in our relationship with leaders in the
communications world. We believe that the BATM reputation for quality and
reliability is, and will continue to be, the cornerstone of our achievements in
this fast paced industry. We have good reason to believe that additional
positive steps will be made in the near future'.

BATM is also pleased to report an additional success from this cooperation. A
major European carrier has chosen to deploy an Alcatel / BATM solution in its
network. As part of a multi service access network contract, Alcatel will
supply service extension nodes, including members of the BATM T5 Compact-Layer
3 family.

Enquiries:

BATM Advanced Communications

Is BATM a "UK company" as regards the Inland Revenue?...I know they hail from....yet are fully-listed (LSE, FTSE).....I try to avoid overseas shares as it's just too much bother. Does anyone know if their agm's are in London....

I have a similar problem with Waterford-Wedgewood who are Ireland registered and would like to know BATM position before considering.
Thanks

no the agm's are held in israel, but this stock is a great investment at thjis price.Some nice buyers around today, may have been tipped or china deal getting closer to be announced. dyor

big buyers again today. watch th sp rise ahead of full year results next month, alcatel hav signed a number of deals where batm will supply ethernet and switching gear. Europe deal also due to be announced. The recovery contiues...

up today on the back of comments from the emzlaze chairman who said the 'telecom downturn is truly over and we are taking advantage of the upturn'.