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BATM - Significant contract award

June 2006

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:
  • 28p
BATM surged after announcing developments in relation to its successful bid to be a long-term supplier of IP equipment with a leading telecoms supplier (undisclosed but believed to be Nokia). A pilot contract was announced in November when BATM had dubbed the pilot as “potentially, by far, the largest in its history.” But even that is now being extended to cover a much wider range of telecoms equipment. Accordingly, the total value of the contract is likely to increase very substantially with the “incremental orders anticipated to amount to tens of millions of dollars annually.” The first stage pilot for the new equipment has begun and full deployment will commence in 2009, under a long-term supply arrange ...

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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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