BATM Advanced Communications Ltd. (BVC)

Sector:

IT Hardware

Index:

FTSE techMARK Focus

19.43p
   
  • Change Today:
      0.39p
  • 52 Week High: 29.50
  • 52 Week Low: 19.00
  • Currency: UK Pounds
  • Shares Issued: 436.19m
  • Volume: 183,486
  • Market Cap: £84.75m
  • RiskGrade: 322

BATM secures $4m contract with Taiwanese conglomerate

By Michele Maatouk

Date: Thursday 05 Dec 2019

LONDON (ShareCast) - (Sharecast News) - BATM Advanced Communications has been awarded a $4m contract by a Taiwanese agri-food conglomerate for its agri-waste treatment solution.
The company, which provides real-time technologies for networking solutions and medical laboratory systems, will be paid 30% of the contract value by the end of the year. It will receive the rest on completion, which is expected to be towards the end of 2020.

The contract is for the supply and installation of three units of BATM's group's agri-waste treatment solution for two separate poultry processing facilities. The company's proprietary solution will be used in the rendering process to allow the safe treatment of poultry remains to generate valuable proteins.

The customer, who was not named, has business activities that span the agri-food supply chain in Taiwan, mainland China and elsewhere in Asia. BATM said it will be able to utilise the proteins for the production of animal nutrition.

Chief executive officer Zvi Marom said: "We are pleased to have signed another international customer for our innovative agri-waste treatment solution following the receipt of our first order in the Philippines earlier this year.

"We believe that winning this competitive tender is affirmation that our technology-led solution can disrupt this market that is still using decades-old processes."

At 1310 GMT, the shares were up 2.1% at 42.46p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BVC Market Data

Currency UK Pounds
Share Price 19.43p
Change Today 0.39p
% Change 2.05 %
52 Week High 29.50
52 Week Low 19.00
Volume 183,486
Shares Issued 436.19m
Market Cap £84.75m
RiskGrade 322

BVC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
32.8% below the market average32.8% below the market average32.8% below the market average32.8% below the market average32.8% below the market average
21.74% below the sector average21.74% below the sector average21.74% below the sector average21.74% below the sector average21.74% below the sector average
Price Trend
60.11% below the market average60.11% below the market average60.11% below the market average60.11% below the market average60.11% below the market average
46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average
Income Not Available
Growth
54.78% above the market average54.78% above the market average54.78% above the market average54.78% above the market average54.78% above the market average
36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average

BVC Dividends

  Latest Previous
  Final Final
Ex-Div 09-Dec-21 n/a
Paid 05-Jan-22 n/a
Amount 0.74p 0.000¢

Trades for 28-Mar-2024

Time Volume / Share Price
16:27 101 @ 19.75p
15:24 10,533 @ 19.00p
14:27 74,854 @ 19.02p
13:58 4,413 @ 19.10p
13:26 1,278 @ 19.10p

BVC Key Personnel

CEO Moti Nagar
CFO Ran Noy

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