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

           

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'.

any views on forthcoming results?

looks good. in after writeup

surprised how quiet this bb is

The 28p close yesterday is the highest since Jul 2002. Volume was over 10x 100 day average. Today's volume is currently running at over 2x 100 day average and is just over the 28p resistance level.
skg

LOOKS GOOD FOR AN ANNOUNCEMENT FOR AN ASIAN-PAC DEAL WITH RESULTS NEXT WEEK

good announcement but oncer again very few details, is it the deal in asia which was promuised last year. sold out today i think the price will drift back beelow 30 until more details are released

big mistake, you obviously didnt read the press.... its going to rocket...

in the press it says, its the biggest deal in the history of the company...

59 quid here we come!!!!

Selected as a hot stock for 2006 at S M........

SHARES MAGAZINE -- THURSDAY 15TH DECEMBER 2005

The Cover Story:
*15 Hot Stocks: -
PartyGaming (PRTY.L) - Man Group (EMG.L) - Daily Mail (DMGT.L) -
Invensys (ISYS.L) - Babcock (BAB.L) - Corus (CS.L) - Alizyme (AZM.L) - Imagination Technologies (IMG.L) -
BATM Advanced (BVC.L) - Reed Health (RHG.L) - Walker Cripps (WCW.L) -
Eleco (ELCO.L) - Victoria Oil and Gas (VOG.L) -
Minster Pharma (MPM.L) - GW Pharma (GWP.L).

I think BATM will have an excellent 2006 and the recent large contract win (probably Nokia) will help visibility in earning more contracts, which should have a quicker effect on the bottom line.

Something appears afoot. Large volume and sp up approx. 10%. Failing that, a realisation that this is still very cheap.

Rumours of a link up with Microsoft....

http://business.guardian.co.uk/story/0,,1684340,00.html

evrytime wall st falls, this 1 goes with it, was going great guns again today, cant break 38p at the mo

Absolute disaster buying these. Poor peforming stock since I bought them!!

Depends when you bought them - I wouldn't be too concerned with today's move.

A negative review apparently in Investech which states that there is a slightly negative outlook through the medium to long term according to a poster on iii. I'm out because the mucking around of the spread will see BVC go nowhere!!

i got out at 35.5p a few days ago for a fair profit, might buy back in if it goes below 30p which might be possible