Re: back to 12.5/13p This share price is where it is because of Zvi Marom and his spineless, yes men board.A 100% shambles from a private investors point of view.DO NOT INVEST HERE !!!!!!
back to 12.5/13p Despite the election euphoria in the market this morning. all 3 trades today are sells at 12.5p.Wouldn't surprise me if Marom buys another tranche.We need a takeover bid but how many companies out there are interested in two such diverse business units of Telco and pharma equipment.If Marom was serious he would surely consider divesting one business and focus on one business only. How much longer can this go on!!!
Re: no sign of a surge seems we are forming a good base here, i think we will see a sustained r
no sign of a surge I spotted a few hopefull buyers over the last few days but they were tiny trades so I think the price will slip back to 12.5/13.I should be getting feedback from the meeting with Marom on the 15th May so will let you all know the outcome if I'm told.good luck everyone
Re: BATM at rock bottom? hopefully that's true, but I think not.Honest hard working management required here.
Re: BATM at rock bottom? here long term ,i have a feeling we are about to burst upwardnice base formin
Re: BATM at rock bottom? I am in short term! Volume spike trading - worked well for edr and srx so far. I have a few overvalued shares on a spread bet.
BATM at rock bottom? BATM Advanced Communications (BVC) boasts a long history of profit warnings and disappointment. Despite a strong end to 2014, the company still lost $3.7 million last year, and theres currently talk of a serious dispute between the partners in the Israel Broadband Company (IBC) fiber-optic venture, among them BATM.However, losses were over $6 million in 2013, and management think the networking solutions and medical lab systems firm can improve again this year."The medical division is now the dominant business whilst the telecom division has stabilised and is recovering well," says chief executive Dr Zvi Marom. "The underlying fundamentals of the businesses are sound and, were it not for the foreign exchange impact in reporting the results and the one-time write-off of the legacy business inventory, the numbers would have reflected the progress achieved in the year."Still, BATM shares still languish at levels not seen since 2003 and the aftermath of the dotcom crash. It's clearly a level at which BATM founder Dr Marom cannot resist building his stake.This week, he spent over £250,000 on 2 million shares at 12.625p each. He now owns 96.4 million in all, 23.9% of the company, worth more than £12 million. Earlier this month Marom snapped up 500,000 shares at 12.5-12.75p
Late trade correction today for 2m trade Today there has been a trade correction to the 2m trade looks as if it was 12.625p not 12.63p.Marom's purchase has made a few people buy but I suspect in a couple of week's time it will be back to 12.5/13.
Re: It will be interesting to see who so... Suki Sir, your faith in Zvi is in my opinion a mistake.Zvi has history, and a real obsession with the worship of money.Very sad that a human being can sink to such levels to fatten his bank balance.
Re: It will be interesting to see who sold t... i dont agree, i think its positivei respect your views thoughGLA
It will be interesting to see who sold the 8m shares My guess is that one of the funds has decided to cut its losses and sell up
Re: RNS - very good news Suki,Marom is simply hoovering up shares. There is a large amount of cash in the coffers and I guess he wants to take it back in private ownership. I can't see this driving up the share price. The business is a mess.All IMO DYOR
RNS - very good news BATM Advanced Communications Limited (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that, on 30 April 2015, Dr. Zvi Marom, Chief Executive Officer of the Group, acquired 2,000,000 ordinary shares of 0.01 NIS each in the Group ("Ordinary Shares" at a price of 12.625 pence per Ordinary Share. Following the transaction, Dr. Marom has an interest in 96,394,500 Ordinary Shares, representing approximately 23.9% of the Group's issued ordinary share capital.
these were director buys- rns has proved this 12:224 12.62p 2,000,000 £252,400 12.5p 12.75p Sell12:21:13 12.62p 2,000,000 £252,400 12.5p 12.75p Sell12:20:59 12.62p 4,037,277 £509,504 12.5p 12.75p Sell