vago
11 Sep 2015
Re: another view That's great thanks for that. That is my position also.vago
car1petbagger
11 Sep 2015
Re: another view Vago I had email yesterday they remain very bullish and will be buying more
vago
11 Sep 2015
Re: another view Have you spoken to Hendersons recently or is this information from your previous chats with them?Vago
car1petbagger
10 Sep 2015
another view Hendersons remain committed - very positive about the next few years. I'd kick myself if I sold now and the price rose next year to 50p!!
car1petbagger
09 Sep 2015
Re: AGM summary Thanks for the report GerihatricZvi was banging on about the ebola last year. I just don't see this waste business making money. If he wants to do a "Bill Gates" he should retire and let someone else run the businessI think its time for me to sell.I can't see the share price ever rising above current levels which is well below the price I paid.
gerihatric
09 Sep 2015
Re: AGM summary BATM AGM 08/09/15The following is based on my own interpretation of the meeting and I have a shareholding.The only issue in the formalities was that the Chairman has been awarded a $9K increase in payment. It was also pointed out that the CEO has had no increase in salary for 10 years; that they do not want to be heroes today and gone tomorrow; they have never needed to raise funds; they own their own real estate where they have offices around the world and they are an innovative yet conservative organisation. They do not propose a dividend in the near future as current projects unfold. The directors are all on the board for their relevant professional expertise. It is worth mentioning that the Chairman and the CEO both made substantial purchases this year and that Henderson (22%) holds the stock. The company reports in US$ and most international currencies have suffered as a result. Costs are in the host countries which helps! This factor should be considered when looking at the resultsIn light of the 2 RNS statements in the last week that was the first topic of conversation. The poultry contract requires the larger machinery due to the volume. The product is pure protein and will be used in animal feed. Today’s contract, although initially smaller, has significant potential in that the host company is an International Chinese owned company and this concept could be applied world wide. It’s restriction is that the feed produced is confined to domestic animals only. The equipment parts will be made in Hungary; Italy; Spain and the tech elements in Israel. The initial royalties will go to BATM to recoup the cost of the machinery, and when this is covered, will be shared with the host company. Both machines should be in place in August 2016. Prior to this the product was incinerated and disposed. The ISS technology is already in place in 300 hospitals world wide. Disposable products which are contaminated cannot be disposed of in normal waste-this process allows this to happen. Interestingly the WHO installed a unit to cope with the Ebola contaminated products (quite an endorsement imo) In pharmaceuticals the empty bottles have to be sterilised and incinerated. This process obviates the need for that and is cheaper as well as being environmentally friendly. They are also working on simple diagnostic test kits which could be used in less affluent environments and they would also supply the reagents (like HP printers and ink!) The Hep C vaccine approval has now led on to the issue of distribution and getting it to the patient- 65M Chinese are Hep C positive. The serum has to be transported under coolant conditions.This division is now 54% of the business and they are considering separating it out from the telecoms side of things. It is now cash generative and profitable.Discussion then moved on to the telecoms and cyber security business side. The IP which was developed as a Nokia supplier has been enhanced and this has meant that they have “proof of concept” approval with some of the Tier 1 US telecoms providers. They have recently been awarded a cyber security contract. Zvi explained that this is not just a defence forces issue but a civil issue as part of living in the electronic age. The cyber security element can be added on to the network components. He did say he is seeing momentum in this environment. He recommended a book called Babylon –zero hour. When they have discussed cyber in the past they were simply seen as geeks-now they are being heard.They are also planning an Investors day in November/December in the UK for further explanation/update. Concern was expressed regarding the share price. The company has extensive intellectual property which is patented which is hard to value. Only revenue and profits are formally recognised and they are using their IP accordingly. The fact that Zvi is medically trained-I was not aware of that- shows he has a good understanding of all the Bio-medical side of
car1petbagger
09 Sep 2015
2.4m traded this morning 3 trades totalling 2.4m for 17.75 this morning. Did anyone attend the AGM yesterday?
high blood pressure1
08 Sep 2015
Contracts Market not even reacting to contract announcements ....looks as though investors want to see the jam before restoring belief in this board's ability to turn this company aroun
car1petbagger
07 Sep 2015
Re: AGM on Tuesday Geri,I spoke to him last year and he promised me the share price would have increased and if not "I could beat him over the head" You can say that Peter Appleby can't make it this year but he would have been there if possible to "beat him over the head". Two years ago at the AGM the share price was 21p last year it was 17p and this year its 17.5p having at one stage fallen to 12.5p. What is he doing to improve the position for long term holders of shares?From my perspective the company lacks a clear business strategy with two completely diverse businesses i.e. telco and pharmaceutical products. He will I'm sure tell you about his altruistic activities to help third world countries but remind him that we are investors who buy shares to make money.After another year of zero progress will he now please stand aside and allow a proper business management team to go in, review the business, drive out unnecessary cost and make strategic business decisions to return value to shareholders. It is too small a company to have two completely different businesses. The company needs to focus on one business - my preference would be telco but if an independent business review concludes that the pharm products have a future then sell the telco products and focus on pharma.You could suggest that it is time he and his board seeks a vote of confidence from shareholders (excluding himself and his board) for him to continue in his current role along with the rest of the board.Good luck
gerihatric
05 Sep 2015
Re: AGM on Tuesday I plan to be there. If there are any questions you think I should ask let me know. I have a few of my own.
car1petbagger
05 Sep 2015
Re: AGM on Tuesday Green I agree with you that new management is needed. Having spoken to marom at last 2 AGMs I don't think he is motivated by money. I think his problem is that the company is his baby and he won't let go.
green.as1953
04 Sep 2015
Re: AGM on Tuesday I sold two lots of BATM back in July, put over £8333 into OPTI and lucky for me am up 27.16%.Even the man from The Daily Mail is not pumping these any more. LOL....................................... And he is on the Payroll........................................................................ in my humble opinion!!!!!!
green.as1953
04 Sep 2015
Re: AGM on Tuesday If I was you I would bail out.This company is Maroms plaything. He has surrounded himself with like minded yes men.He only cares about his personal bank balance.I think he is really quite unwell, the worship of money has taken him over.Good luck with what ever you decide to do.
car1petbagger
04 Sep 2015
AGM on Tuesday I had planned to attend the AGM and question Marom but unfortunately I need to see a builder on Tuesday morning so I don't think I'll be able to make it. I've been the last two years and was looking forward to hearing what he has to say this year. He is probably relieved that I won't be there.
green.as1953
04 Sep 2015
Re: $1.5m order has strings If you are looking for honest management this company is not for you.Sold some of these a while back and put the money into OPTI.........A company with management you can trust.............Unlike the snouts in the trough brigade running this shambles.
