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BATM - Trading ahead of expectations

August 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • BVC
  • Price:
  • 140p
BATM is another of the SCSW NAPs to catch fire - gain since January is 259% -  after a positive trading update, guiding 2020 revenues to be at least +25% and EBITDA “significantly above consensus” of US$10.5m. The “beat” is based on several factors. First, the US$31m order for 1,000 ventilators is expected to complete by September. Second, it has shipped “several hundred thousand” COVID-19 diagnostic test kits but there is a backlog of “over a million” orders for its newly launched COVID-19 antigen and antibody diagnostic testing kits for lab use. Third, the COVID-19 testing kit for home use is also set to launch in September. Finally the Networking & Cyber business has ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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