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

           

Some did not like the one at the top selling, opening price 1.50p cheaper

From the FT.com ...........

Sharewatch: BATM
By Philip Stafford -- Published: October 17 2009

Along with death and taxes, growth of internet traffic appears to be one of lifes constants. Yet the pressure on operators to provide acceptable service levels has been a boon for BATM, the technology equipment maker. It makes internet switches, which act as traffic lights for ethernet broadband, the standard network technology. And it has seen operating profits rise 44 per cent to $24m and revenues climb 40 per cent to $134.5m. Net cash jumped from $57.3m to $69.1m. The group suffered this year as operators cut spending, which is why the shares lost two thirds of their value and why Altium Securities expects BATM to post modest full-year profits of $27m from revenues of $139.1m. So, although the shares have risen 44 per cent in three months, they still trade on a price-earnings ratio of around 16 times, below the IT sector

Another director selling

Director Deals - Batm Advanced Communications Limited (BVC)

Dr Dan Kaznelson, Non Executive Director sold 30,000 shares in the company on the 19th October 2009 at a price of 55.00p.
The Director now holds 82,300 shares representing 0.02% of the shares in issue.

From the FT.com
MARKET REPORT

Technology group BATM Advanced Communications dipped 2.3 per cent to 54p after Dan Kaznelson, a non-executive director said he had disposed of 30,000 shares at 55p each.

A very large move up today and some llarge trade earlier 1.2M at 56p

Thursday, October 22, 2009
Naked Trader adds BATM

I bought something I really ought to have bought a while back - in fact
it was on two seminar shortlists but I never bought and I can't remember why!

So it keeps on going up and I've taken the chance and bought anyway at a
higher price that's BATM (BVC) collecting 6,500 at 56. (well 56.04 to be
precise but what's .04 between friends?)

Target 68 stop 51. Bit risky as it's gone up quite a lot already but it has
gone up for a reason. Very hot sector and a pretty good balance sheet too
- and possibility of a bid in there for not much. Could still have decent
upside but I must get out if I bought it at the top.

i got out at top .no risk no gain .its a calculated risk,hope it works out

Daily MAIL

MARKET REPORT:

Israeli telecoms equipment group BATM added 2p at 58p after KBC Peel Hunt lifted its target price 17pc to 70p.

The fundamentals behind BATM's core market is set to improve so there is growing capacity for earnings to exceed current expectations.
After Arbuthnot banking group said that its investment banking arm had been profitable over the last quarter, rival Collins Stewart rallied 2p to 81p. The stock is down 6 per cent over the last six months and looks cheap.

An another comment on the ft.com ........

Attractive outlook for BATM
Published: October 23 2009

BATM Advanced Communications, the telecoms equipment maker, was in demand yesterday.

It rose 3.5 per cent to 58p after KBC Peel Hunt increased its target price to 70p, citing the improving outlook for trading.

"We believe that third-quarter results from fixed and wireless telecoms operators will point to an improving capital expenditure profile. BATM will be a strong beneficiary of such a trend," predicted analyst Simon Strong.

Lately moving into a more vertical trend

FOXBORO, MA October 27, 2009 Telco Systems a BATM company (LSE: BVC) and a leading provider of Carrier Ethernet access solutions, has announced that ATMC Wireless has installed the Companys T-Metro 200 multi-service platform with OC3 aggregation and T-Marc 254 demarcation devices to backhaul 3G cell traffic over their Metro Ethernet packet-based network.

The T-Metro can emulate 84 T1 unstructured channels multiplexed on a single OC-3 interface. The T-Marc 254 offers four T1 ports that support circuit emulation technology. Circuit emulation represents a cost effective option which enables providers to reduce capital expenditures by leveraging existing circuit-based investments to provide a migration to emerging packet based networks. By backhauling multiple T1 onto Ethernet, providers can also cut operating costs while by minimizing leased line services.

Telco Systems Circuit Emulation over Ethernet backhaul solution enables ATMC to quickly deliver both TDM and Ethernet feeds to cell sites, while meeting the stringent quality requirements of backhauling voice traffic. This solution enabled us to leverage our Metro Ethernet network at a fraction of the cost of SONET and other alternatives, said Clint Berry, VP of Network Operations at ATMC.

"ATMC is an excellent example of how a carrier can secure new business utilizing CES," stated Steven Curtis, senior vice president of sale and service at Telco Systems. "We look forward to addressing the unique needs of customers like ATMC, which will continue to shape our wireless backhaul strategy going forward.

The ATMC Wireless 3G Network is the largest and fastest 3G network in Brunswick County offering subscribers not only excellent voice capabilities but also the ability to utilize more of the Internet from there wireless devices. Currently, 33 of ATMC Wireless 48 Brunswick County wireless transmission sites are 3G. The remaining 16 sites will be upgraded to 3G in the near future.

ATMC also offers business customers Ethernet Private Line (EPL) services, transparent LAN services and T1 replacement services using the Telco Systems T-Marc 254.

ATMC Wireless is a subsidiary of Atlantic Telephone Membership Corporation, a nonprofit cooperative, owned by its members, the people of Brunswick County. North Carolina. ATMC not only offers local telephone service, but also a wide variety of additional services, including: high speed Internet, cable TV, wireless, business communications, and security.

http://www.batm.com/int/index/en/presspage/pr/51

i just came across a curiosity dated 10/10/07 .... they were assuredly stocks that someone had rated strongly for the the coming year

BVC ...... mid price then 31.0 ....... close of biz today 52.5

BLZ ...... mid price then 67.25 ....... close of biz today 48.0
OXB ...... mid price then 35.75 ....... close of biz today 14.25
VIY ...... mid price then 9.25 ....... close of biz today 4.85
AZM ...... mid price then 80.0 ....... close of biz today NIL (bankrupt)


good innit!
the only winner is BVC, which to give MRSI his due, he has always promoted.
The others are shit and worse!

Since last week the shares have move into short term downtrend, and now that has move below 50p is going to be more dificult to turn the shares around.

spread at the moment 48.25/48.50p -0.25p
60K v 29K

DEPTH on the level 2
order book weak on the bid side, with 6 extra trades on the offer side

Moving lower and close to 50p an important number

It was on the move up once the news came out .........


16 December 2009 -- BATM Advanced Communications Limited ("BATM" or the "Company")

Contract to develop and supply military communication equipment

BATM (LSE: BVC), a leading designer and producer of broadband data and telecom
systems, is delighted to announce that after four years of rigorous testing, it
has received an order from a prominent defence force. The contract is for the
development and supply of a modified version of the Company's new generation of
secure, high speed access platform.

BATM will be the sole supplier of such platforms to this customer.

The contract is valued at approximately USD 5 million for the years
2010-2011, however, it is expected that additional equipment orders will follow
the initial deployment. The Company also expects the order to become an
important reference for other defence forces.

                       


           

Indicator Stochastic reaching top again after the latest rise
and also at top Band of Bollinger Bands

3 month Bollinger Bands,Slow Stochastic

           

What is ahead for the new Year?


3 days chart

    Happy New Year Best Wishes

As responsible of the running of this thread
I am delighted to pass on my best wishes for
a very Happy New Year to all the posters

           

Market did not like the figures I will have a look later though I can see revenues are far behind expectations...........


Final results
Full Year Highlights
+--------------------+-----------+----------+----------+
| Year ended 31 | 2009 | 2008 | Change % |
| December | | | |
+--------------------+-----------+----------+----------+
| Revenue | $135.4m | $134.5m | 0.7% |
+--------------------+-----------+----------+----------+
| Gross profit | $57.7m | $61.3m | -5.8% |
+--------------------+-----------+----------+----------+
| Reported operating | $16.4m | $23.6m | -30.5% |
| profit | | | |
+--------------------+-----------+----------+----------+
| Adjusted operating | $23.0m | $26.2m | -12.2% |
| profit1 | | | |
+--------------------+-----------+----------+----------+
| Net profit2 | $20.5m | $24.2m | -15.3% |
+--------------------+-----------+----------+----------+
| Earnings per share | 5.11c | 6.19c | -17.4% |
+--------------------+-----------+----------+----------+
| Liquid investments | $66.8m | $57.3m | 16.6% |
+--------------------+-----------+----------+----------+
| Dividend per share | 1.35p3 | 0.69p | 95.6% |
+--------------------+-----------+----------+----------+

1. Before intangibles amortisation of $4.0 million (2008: $2.6 million) and
one-off exceptional items of $2.5 million (2008: nil)
2. Attributable to equity holders
3. Includes special payment of 0.55p per share

Highlights
Record revenues of $135.4 million, up 0.7% on 2008, despite difficult
market conditions
Adjusted operating profit reflects a strong operating performance and
the focus on cost reduction and efficiencies
Profit attributable to equity holders of over $20 million includes $1.5
million adverse currency movements (2008: $2.5 million gain)
Significantly increased recommended dividend of 1.35 pence per share,
totalling approx $9 million (2008: 0.69 pence) reflects strong cash flow
performance
Liquid investments increased by $9.5 million to $66.8 million