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BATM

February 2009

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:
  • 27p
Ahead of FY08 results next month, BATM has confirmed that these will be in line with analysts' expectations. Revenues will exceed $132m, an increase of 35% from the US$97m reported in FY07.Separately, since our last update note, BATM has also signed a contract with a German manufacturer of medical equipment. The initial value is only US$1m so small beer on the revenue front but provides proof of concept for moving into medical equipment, which they announced just a few months earlier.With eps of 7.7 cents (c.5p) this year, the shares look a buy ahead of results. ...

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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.

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