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

           

Although the share price is having a bit of profit taking for the last few days, is still firmly on the UPTREND

Results are due for the 4th of August 09
Next week Tuesday

Half Year Highlights

-----------------------------+---------------+---------------+
Six months 30 June | 2009(H1) | 2008(H1)* | Change %
-----------------------------+---------------+---------------+
Revenue ...... .... | $69.0m | $65.8m | 4.8%
-----------------------------+---------------+---------------+
Gross profit ...... | $30.0m | $32.9m | (8.8%)
-----------------------------+---------------+---------------+
Pre-tax profit ...... | $13.7m | $10.2m | 34.3%
-----------------------------+---------------+---------------+
Net profit ......... | $12.9m | $11.0m | 17.3%
-----------------------------+---------------+---------------+
Profit per share .... | 3.35c | 2.80c | 19.6%
-----------------------------+---------------+---------------+

Highlights

Record revenues of $69.0m
Balance sheet improved with $69.1m in liquid investments (Dec 08: $57.3m)
Net income up on H1 2008 by 17.3%
EPS up on H1 2008 by 19.6%

* means reinstated

Interims from the BVC Web

It seems like they have use the normal BANKING system at the moment >>>>>>>> CREATIVE ACCOUNTING

reinstated from $ to Euros

Lets see the damage of creative accounting.........

Negative
Revenues UP 69M .......... but after the adquisitions for 65.8M last year
( Telecom sales were $55.9m, Medical sales $13.1m, Total sales $69m. )

Net profits UP 12.9M ...... but after reinstated from 15.4M to 11M last year

EPS up 3.35c ......... but after reinstated from 3.90c to 2.80c

Vigilant ( the adquisition ) Has been loss making since and directors say will be OK by 2010............

"In the surveillance sector we are making progress in the restructuring of Vigilant which we acquired in November 2008. We are progressing according to a program that should return the company to profitability in 2010".

On finishing with a UT of 42p it means is into another BREAKOUT after last month at 40p
the closing spread was 41.25 / 41.50p

Just in case not realised it is a higher BREAKOUT
It was 38p then 40p now 42p, it seems it goes in two's
The movement ahead of the BREAKOUT has been working with
6p UP, from the start of the rally

BREAKOUT

IC updateHere is the comment .......... BATM beats forecasts Created: 4 August 2009 Written by: Malar Velaigam BATM's computer network traffic control products have continued to gain traction in the medical sector, with first half sales in that division more than doubling from $5.7m to $13.1m (7.7m) on the back of increased sales and marketing efforts.The growth in the medical business helped offset weaker trading in BATM's larger telecoms operation, which saw first half sales dip by 7 per cent to $55.9m (33m). However, this was widely expected as 2008 figures benefited from the provision of communications products to the Beijing Olympics. Moreover, the company's networking peers have been reporting high single digit revenue declines this year, too. The telecoms operation enjoys higher margins, which explains the fall in BATM's operating profits from $14m to 10.8m, although this was still 14 per cent higher than the second half of 2008. Reported first half pre-tax profits rose by a third, though, due to 2.2m of gains on financial instruments and foreign exchange.Chief executive Zvi Marom remains confident on the full year outlook, based on current trading patterns and the strong forward order book. So analyst Paul Cornelius of FinnCap Research is expecting full year pre-tax profits of $26.9m, giving EPS of 6.6 (2008: 6.9).

BATM COMMUNICATIONS (BVC)

ORD PRICE:39pMARKET VALUE: 154.4mTOUCH:38.5-38.75p12-MONTH HIGH:62pLOW:22.25pDIVIDEND YIELD:1.8%PE RATIO:10NET ASSET VALUE*: 31 centsNET CASH:$28m

2008	65.8	10.2	2.80	Nil
2009	69.0	13.7	3.35	Nil
% change	+5	+34	+20	-
*Includes intangible assets of $39m, or 10 cents per share 1:US$1.695

Yesterday's "hanging man" closing candlestick, signaling today's fall on the short term cycle of charting, the Indicator Slow Stochastick was also at the TOP of the cycle at overbought.

The shares have been on the UPTREND since late February

Further charting of yesterday's closing position and Indicators............

Retracement how much will fall this time?

Second day falling, as I was expecting. During the last 3 month, the retrament have been pretty large.....
...92%, 87% and 83%, lets hope this time is better, but I do remember posters somewhere else were complaining saying: why BVC, gives almost all the rises away?

I think the rise earlier on, was much better from 24p to 35p a rise of 11p or 45% and only retrace to 30.50p or 13%.

good night

retracement chart ...

Yes, I am tired, the retracement % during the last 3 month, are much worse than I thought by eye

92%, 87% and 83%, lets hope this time is better, but I do remember posters complaining saying: why BVC, gives almost all the rises away?.

I think the rise earlier on was much better from 24 to 35p a rise of 11p or 45% and only retrace to 30.50p or 13%.

good night

The retracement goes on and below is what the share price shows at the moment ..... 40.375 -2.50p (-5.88%)

As usual some directors are milking shareholder good will ....200K this time

Director / PDMR Shareholding

The Company has been informed that following the exercise of options, Dr Dan
Kaznelson, Non Executive Director of BATM, has today sold 200,000 ordinary
shares in the Company at a price of 41.5 pence per share.

Following this share disposal, Dr Kaznelson has a beneficial holding of
112,300 ordinary shares representing approximately 0.03 per cent. of the
Company's ordinary issued share capital. In addition, Dr Kaznelson holds options
over 200,000 ordinary shares.

Are we moving higher or time for the turn lower again as the Slow stochastic is reaching highs?

The Composite Indicator is bullish to the TOP

  BVC.LS - BATM ADVANCED COMM (LSE)   

Date	Open	High	Low	Last	Change	Volume	% Change
08/28/09	44.0000	45.0000	44.0000	45.0000	+1.0000	800870	+2.27%

Composite Indicator
Trend Spotter TM	Buy
Short Term Indicators
7 Day Average Directional Indicator	Buy
10 - 8 Day Moving Average Hilo Channel	Buy
20 Day Moving Average vs Price	Buy
20 - 50 Day MACD Oscillator	Buy
20 Day Bollinger Bands	Buy
Short Term Indicators Average:	100% - Buy
20-Day Average Volume - 692252
Medium Term Indicators
40 Day Commodity Channel Index	Buy
50 Day Moving Average vs Price	Buy
20 - 100 Day MACD Oscillator	Buy
50 Day Parabolic Time/Price	Buy
Medium Term Indicators Average:	100% - Buy
50-Day Average Volume - 442160
Long Term Indicators
60 Day Commodity Channel Index	Buy
100 Day Moving Average vs Price	Buy
50 - 100 Day MACD Oscillator	Buy
Long Term Indicators Average:	100% - Buy
100-Day Average Volume - 617247
Overall Average:	100% - Buy
Price Support Pivot Point Resistance 45.0000 43.6667 44.6667 45.6667

* FinnCap reiterates buy for BATM

Share price has a good day with a closing price of 46.50p +3.50p

So a new BREAKOUT

But once again Indicator slow Stochastic has reached top ( overbough) and as the volume at the time of BREAKOUT was not very strong, is goig to be hard to have a follow through

Vigilant Technology Expands IP Video Surveillance Offerings - October 01, 2009
Customers Now Have Wider Range of Camera Support and Integration

FOXBORO, Mass.--(BUSINESS WIRE)--Vigilant Technology, a BATM Company and provider of intelligent IP video surveillance and security solutions, today announces the completed integration testing of third-party high-end cameras that allow its customers to select among best of breed solutions for their existing surveillance network.

Responding to the growing demand for megapixel technology for monitoring locations such as parking lots, parks, shopping malls and transportation hubs, Vigilant has successfully certified Arecont Visions H.264 Megapixel cameras for integration with its NetVR network video recorder and NetView control center solution.

"We are extremely pleased that Arecont Visions megapixel cameras are now integrated with Vigilant Technologys NetVR recording solution, said Raul Calderon, Vice President of Strategic Relations, Arecont Vision. "As more of the security industrys leading equipment suppliers continue to work together on an open platform, end users will continue to have a greater selection of solutions available to meet their specific needs.

Vigilant Technologys open architecture platform enables customers to integrate not only multiple types of cameras from multiple manufacturers, but also supports a wide range of third-party offerings including specialized video analytics, access control systems, storage, control room and situation management, displays, and wireless transmission.

By integrating with best of breed manufacturers like Arecont Vision we enable our customers to pair world-class cameras with Vigilants NetVR recording platform, stated Ohad Kleinman, director of product management for Vigilant Technology. The ability to present a greater and more diversified selection to customers while still offering a seamless user experience is vital in todays market and we are pleased to have partnered with Arecont Vision and their unique megapixel offering to enhance our open architecture platform, Kleinman continued.

Featuring industry-leading video quality, intelligent event detection, highly-efficient streaming and storage, and seamless remote access, Vigilant NetVR is part of Vigilants end-to-end Video Surveillance Suite which includes Vigilant NetView Control Center, a fully digital management solution providing a mature virtual matrix, video-wall operation and powerful event handling. NetView provides enhanced video handling accuracy, flexibility and alarms management and is specifically designed to achieve higher security levels in mission-critical, multi-user environments.