Primary Recommendation

BATM - About to move into profitability

October 2004

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.

Although BATM, the designer and provider of broadband data and telecommunications products, is a relatively tiny company, the opportunity facing it is terrific. When we met with Dr Zvi Marom, BATM's founder and chief executive, last month we received only a limited commentary on what the company actually did or where its products were currently positioned.But we left our meeting with the distinct impression that BATM, which is trading on an enterprise value to sales ratio of 1.5x, is at or close to the current trough price for the shares. Turnover has declined from US$82m back in 2002 to US$37m as sales of legacy products have dwindled but because of a judicious level of cost cutting to bring its costs down in line wit ...

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Market Comment - October

Xansa - Indian headcount to exceed 3,500

BATM (March 2021)

BATM - Trading ahead of expectations (August 2020)

BATM (June 2020)

BATM (April 2020)

BATM (March 2020)

BATM - First commercial agreement for Ador (February 2020)

BATM - Barnstorming H2 19 expected (January 2020)

BATM - Significantly higher sales and margins expected for H2 (September 2019)

BATM - Accelerates NFVâ€ˆdevelopments; buy (August 2019)

BATM - Trading ahead of market expectations (April 2019)

BATM (January 2019)

BATM - 5G play (November 2018)

BATM - Recovering but looks a long haul (April 2011)

BATM (June 2010)

BATM - Medical side growing fast (March 2010)

BATM (November 2009)

BATM (April 2009)

BATM (February 2009)

BATM - Shares surge to a new high (September 2008)

BATM - Trading well ahead of expectations (July 2008)

BATM (June 2008)

BATM - Shares surge to a six year high (March 2008)

BATM (October 2007)

BATM - Barnstorming 2008 seems likely (June 2007)

BATM - Nokia-Siemens merger could (March 2007)

BATM (January 2007)

BATM - Singapore office to add fast growth (October 2006)

BATM (July 2006)

BATM - Significant contract award (June 2006)

BATM (May 2006)

BATM (April 2006)

BATM (March 2006)

BATM - Wins biggest contract in entire history (December 2005)

BATM - Moves into profit (October 2005)

BATM - Raises presence in VoIP area (September 2005)

BATM - Shares break higher on profit expectation (August 2005)

BATM (April 2005)

BATM - Confirms Alcatel OEM agreement (November 2004)

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

BATM - About to move into profitability

October 2004

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