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BATM - Broadband bright future (BVC)     

Master RSI - 24 Apr 2003 21:51

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
Chart.aspx?Provider=Intra&Code=BVC&Size=
4 month candkestick with Indicators ad support /resistance
Chart.aspx?Provider=EODIntra&Code=bvc&Si
6 month Bollinger Bands,RSI, S Stochastic and 50 days MA
big.chart?symb=uk%3Abvc&compidx=aaaaa%3A
Charts - 5 days
big.chart?symb=uk%3Abvc&compidx=aaaaa%3A


Links    batm web    Vigilant Web    PLUS Market Trades


    nym.gif    merry-christmas-and-happy-new-year.jpg     502-Firework.jpg

Master RSI - 23 Feb 2010 22:01 - 327 of 402

The charting has not been positive lately

p.php?pid=chartscreenshot&u=t9TFS56Td9DD

Master RSI - 02 Mar 2010 16:06 - 328 of 402

From the "UPS" Thread ...........

UPS

BVC 40.125p (40 / 40.25)

Reason - The large drop after the results have reached the point where the propper bounce is due as the Indicators have been exausted on the oversold position

Master RSI - 02 Mar 2010 16:07 - 329 of 402

Done the chart at lunch time, but I was waiting for a clearer closing signal and a white Candlestick, after the strong order book I decided that it will finished with a gain and positive candlestick.

p.php?pid=chartscreenshot&u=O%2FWibT9D7O

Master RSI - 03 Mar 2010 10:44 - 330 of 402

Level 2 / order book

WINS ( the Market Maker was at close at bid 39.75p), but as usual likes to lay games, so it open tis morning at 39.25p.
Since private investors have place orders to buy at higher prices and bid is back at 40p

spread 40 / 40.50p

at bid price 12.8K
offer 21K

Positive order book with 2 extra trades at bid side

Master RSI - 08 Mar 2010 22:03 - 331 of 402

Telco Systems moves to a new corporate office in Mansfield

Telco Systems has moved its U.S. corporate headquarters to a recently purchased 28,220-square-foot office building in Mansfield.

Posted Mar 05, 2010

Telco Systems, a BATM company and a leading provider of Carrier Ethernet access solutions, has moved its U.S. corporate headquarters to a recently purchased 28,220-square-foot office building in Mansfield.

The new location combines multiple existing offices into a single facility, which will allow the company to better serve its clients with more seamless operations and enhanced collaboration among employees.

This move ushers in a new era for Telco Systems and is further testament to the commitment we have to our customers, vendors and the industry, stated Robert Resinger, chief operating officer at Telco Systems. We look forward to many more years of providing leading edge telecommunications solutions to service providers and carriers worldwide.

Located near the former offices in Foxboro, it will house all personnel currently located at 2 Hampshire Street as well as the companys Mansfield-based manufacturing operations. Purchase of the building in Cabot Office Park was finalized in late 2009.

Telco Systems designs and develops innovative, multi-service Carrier Ethernet access and demarcation solutions to enable carriers and service providers to deploy highly reliable and manageable Ethernet services to both business and residential subscribers. These solutions support a cost effective evolution to a service-assured all IP/Ethernet network and enable service providers to introduce new services to capture additional revenue by supporting mixed services across a carrier Ethernet network. Telco Systems is a wholly owned subsidiary of BATM Advanced Communications.

Master RSI - 08 Mar 2010 22:09 - 332 of 402

From Bloomberg
By Kelly Riddell and Amy Thomson

March 8 (Bloomberg) -- IPhone users coping with jams on AT&T Inc.s network may get some relief from an unexpected quarter: cable companies.

Time Warner Cable Inc., the biggest pay-television provider in New York City, is pitching phone companies including AT&T and Verizon Wireless on a service that uses its underground cables to carry mobile calls and Web downloads -- easing the congestion spurred by data-hungry users of smartphones like the iPhone.

The service, known in the industry as wireless backhaul, has become Time Warner Cables fastest-growing business after revenue tripled last year, said Craig Collins, senior vice president of business services. Across the cable industry, sales from wireless carriers may reach about $3.6 billion in 2012, according to researcher GeoResults Inc.

Backhaul is a growth play that we are pursuing aggressively, Collins said. These mobile players want to get the bandwidth they need at a cost-effective price and our structure allows them to get that pretty seamlessly.

U.S. smartphone use has grown almost 700 percent in four years, according to the U.S. Federal Communications Commission. Mobile-data volume is more than doubling annually as people use devices like the iPhone, BlackBerry and Google Inc.s new Nexus One to send photos, watch videos and surf the Web. When networks jam, consumers face dropped calls and may find they cant access Web pages or TV, analysts said.

link ... bloomberg

Master RSI - 16 Mar 2010 21:27 - 333 of 402

RUS - "broadband plan"

March 16th 2010(CNN) -- The U.S. Federal Communications Commission released a national "broadband plan" Tuesday that aims to give 90 percent of Americans access to affordable, high-speed Internet by 2020.
"This is not something that is nice for us to do; it is everyone's right," FCC Commissioner Michael Copps said at a commission meeting Tuesday.
The plan calls for billions of dollars in programs to extend fiber-optic Internet cables into new corners of rural America and to educate people about why they need the Web and how they can learn to use it.

Master RSI - 16 Mar 2010 21:31 - 334 of 402

A VERY GOOD FINISH as the UT went into the offer price 37.50p
so the candlestick was a HAMMER, but we had it before ( a couple weeks ago )and the bounce was small, will see this time the volume today was much higher


Definition:
The Bullish Hammer Pattern is a significant candlestick that occurs at the bottom of a trend or during a downtrend and it is called a hammer since it is hammering out a bottom. The Bullish Hammer Pattern is a single candlestick pattern and it has a strong similarity to the Bullish Dragonfly Doji Pattern. In the case of Bullish Dragonfly Doji Pattern, the opening and closing prices are identical whereas the Bullish Hammer Pattern has a small real body at the upper end of the trading range.


18FIG.gifp.php?pid=staticchart&s=L%5Ebvc&width=35

Master RSI - 16 Mar 2010 21:33 - 335 of 402

The chart is looking a bit better with the Closing candlestick today, once again after the large volume gives new hope for the turn around, share price at lower Bollinger Band ( they say buy at this point) and RSI and Slow Stochastic at oversold and turning.

big.chart?symb=uk%3Abvc&compidx=aaaaa%3A

Master RSI - 19 Mar 2010 11:33 - 336 of 402

Not much volume but at least all buys at the moment

slightly better order book on the bid side

Master RSI - 25 Mar 2010 11:37 - 337 of 402

Brokers Forecast

Peel Hunt said BUY yesterday

Brokers Forecast

Master RSI - 05 Apr 2010 19:22 - 338 of 402

Telco Systems Business Demarcation Products Receive USDA's Rural Utilities Service Acceptance

Carrier Ethernet leader continues to support the growth of rural broadband

MANSFIELD, MA - Telco Systems announced today that its T-Marc family of Ethernet demarcation devices has been accepted for use in telecommunication projects funded by the United States Department of Agriculture's Rural Utilities Service (RUS). The approvals enable service providers to extend guaranteed SLAs to business customers in their FTTH service area.

"The T-Marc extends the value of PON deployments by enabling providers to offer differentiated higher paying services to business customers such as assured bandwidth and TDM over IP, eliminating the need to maintain old legacy networks," stated Irit Gillath, vice president of product line management for Telco Systems. "The T-Marc also fits seamlessly into an Active Ethernet FTTH network, along with other RUS accepted solutions from Telco Systems like the EdgeGate and T5C aggregation switches."

The T-Marc product family is a multi-port customer-located demarcation device for business services and packet backhaul solutions. It provides extensive Ethernet OAM and test features for Ethernet, MPLS/VPLS and IP networks. Certified to multiple MEF, IEEE, ITU-T and IETF standards to ensure interoperability with the providers current infrastructure, the T-Marc family has been purpose-built to optimize CAPEX and OPEX for service providers as they continue to deploy managed services. The devices support a range of customer interfaces including 10/100BaseT, 100/1000BaseX and T1 ports, which support Circuit Emulation Services (CES).

USDA Rural Development Telecommunications program offers many programs for financing rural America's telecommunications infrastructure, and is dedicated to increasing economic opportunity and improving the quality of life in rural communities. The department has received $2.5 billion from the broadband stimulus package for broadband deployment in rural areas in the United States.

source: http://www.batm.com/int/index/en/presspage/pr/55

Master RSI - 15 Apr 2010 22:41 - 339 of 402

For the last couple days the shares have been moving higher with volume

But is the party over?
overshoot on the Bolinger Band and Slow Stochastic now TOP

big.chart?symb=uk%3Abvc&compidx=aaaaa%3A

Master RSI - 23 Apr 2010 16:58 - 340 of 402

Yesterday 22 April 10

The news seem good on the revenue front for 2011....several million dollars.


BATM in licensing deal with semi-conductor manufacturer

Broadband data and telecom systems specialist BATM has signed a licensing deal for its mobile backhaul technology with a leading semi-conductor manufacturer.

Revenues from the licensing will begin in mid 2011 and are initially expected to be in the region of several million dollars.

The technology will be incorporated into the manufacturer's chipsets and be available to all of the providers of cellular infrastructure.

This provides BATM with access to several potential new clients and will lead to sales opportunities for both hardware and complementary software packages.

Master RSI - 23 Apr 2010 17:04 - 341 of 402

Very strong to the end after a few 50K buys late on the day

Has gone UP to the important point 43p reached last week before the retracement, so now ready for a BREAKOUT

Looking at the level 2 ........
MMs have moved their own prices up to the bid price (ALTI 42.50p, WINS 42p),on the last few minutes before close very positive, as the normal thing would be the bid price is secure for Monday's opening.

Master RSI - 23 Apr 2010 17:12 - 342 of 402

       Happy Saint George's day

         flower045.gif
What do England and Catalonia have in common?
No, it's not the Bar-Manchester United match,
but the fact that Saint George is the patron saint of both.

Master RSI - 25 Apr 2010 21:34 - 343 of 402

I selected today the shares on the "UPS" thread

UPS
BVC 42.75p ( 42.50 / 43p )
reason : Last Friday Volume with a reversal of late share performance looks bullish short term on breaking 43p after the recent double bottom. Rising RSI and MACD as the Slow Stochastic is ready for the turn, share price now above 50 MA.
big.chart?symb=uk%3Abvc&compidx=aaaaa%3A

Master RSI - 25 Apr 2010 21:41 - 344 of 402

p.php?pid=chartscreenshot&u=iS3sVJEgpu5S

Master RSI - 26 Apr 2010 12:45 - 345 of 402

Moving further ahead as the order book got strong during the last few minutes

there are 4 extra trades on the bid side

at the spread 43.50 / 44p +1p

there are 62K ( KBC with 25K ) at bid price for 42K at offer
very positive as there is a MMs among the bid price after the 50K buy

Master RSI - 06 May 2010 09:33 - 346 of 402

Brokers' Views: Singer Capital Markets -- 05/05/2010

Singer Capital Markets analyst Tintin Stormont says value abounds at BATM Advanced Communications, the fully listed broadband data and telecom systems designer.

His bullishness comes on the back of a multimillion-dollar deal clinched by BATM with a leading semiconductor maker to license some of its mobile backhaul technology. Stormont points out that the technology will be incorporated into the manufacturers chipsets and result in BATMs products becoming more deeply embedded within the network, thereby creating new client win opportunities.

A strong endorsement
While Stormont notes that the financial impact of the tie-up wont be seen until 2011/12, he insists the deal represents a strong endorsement of the groups technology as well as a significant step in broadening its revenue base.

For the current calendar year to December, Stormont sees BATM dialling in lower profits of US$23.2 million
(2009: $25 million) on $143 million sales, ahead of a return to profits growth to the tune of $27.4 million in 2011, as turnover moves north of $150 million.

Investors hung up on BATM back in February following analyst downgrades, leaving the shares, which do pay a dividend, swapping hands for 41.75p, down from their 52-week peak of 58.25p and valuing BATM at 167 million.
Stormont sees the current valuation as attractive stripping out year-end net cash of $61 million, he notes BATM trades on only 8.5 times forecasts 2010 earnings and has set a 61p target price.

We believe the group continues to gain traction despite near-term uncertainty in the telecom equipment market, scribbles Stormont, and believe that current levels offer considerable value.

Tags: Deals & contracts , Full list , Undervalued
Companies: BATM Advanced
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