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BCC - Beam Communications Holdings

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nunthewiser

nunthewiser

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anyone hold this ?

turnaround company or yet another slush fund ?

recent announcements intresting

market cap intresting

intresting long term chart , nice base formed

i hold a cupl as a speccy punt

any views?
 
LOL .. WTF? i would have thought this dreadful would have been picked up by the "ramp crew " by now .........

No storys of greatness? No storys of future prospects?

blessem
 
nunthewiser said:
LOL .. WTF? i would have thought this dreadful would have been picked up by the "ramp crew " by now .........

No storys of greatness? No storys of future prospects?

blessem
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LOL i find most of your posts make me laugh at some point and with this one you haven't failed to not disapoint keep it up nun and you might be in the running for a saint hood like mary mac.:D
 
this is one of the most successful stocks that i have traded in the past 6 months

in .003 out .005
in .004 out .008
in .006 out .010

always jumps on announcement then continues retreating till next announc.

always sell on announc and buy back in a few weeks when traders are cleaning out bottom draw
 
Great bit of hindsight trading there bud...........Yes extremely predictable stock after its happened ............Great work tho ...well done.


Any ideas on next entry points? any reasons? or should we wait until afterwards with bated breath ?
 
On November 26th, 2018, World Reach Limited (WRR) changed its name and ASX code to Beam Communications Holdings Limited (BCC).
 
another day, another minnow
BCC is involved in the design, development and marketing of a range of communication products and services in the form of mobile satellite solutions to all market sectors. The company obtains its revenue from Australia, United States of America, United Arab Emirates, United Kingdom, China, Canada, Japan and other foreign countries.
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Market cap all of $10million, rang up a 43% EBITDA boost to $3 million, underlying net profit after tax steady at $341K, even though revenue declined 16% from previous record levels to $14.9 million.

The reported loss of $1.6 million resulted from a $2 million charge for capitalised development costs, but bouquets to the board for recognising these imposts now, rather than in the never-never.

Beam owns the SatPhone Shop chain, while telco clients include Iridium, Inmarsat and Telstra.
The official launch of Beam’s ZOLEO satellite messaging solution in late January in North America and Australia was the main highlight of the financial year. In the second half of FY2020, Beam received from Zoleo Inc (its 50% owned joint venture vehicle) orders for 10,000 units, which have since been supplemented by an order for yet another 5,000 units in July. Most of the devices are earmarked for the North American market where demand has not been hindered by restrictions on movement as severe as in Australia. Even so, sales of ZOLEO in Australia have improved appreciably since May through direct sales to customers (from SatPhone Shop, Amazon Australia and eBay Australia) and its network of dealers.
Beam was the only Australian company, and only one of seven worldwide, chosen by Iridium to develop the next generation of Iridium Certus® devices, which have data speeds that are more than 35 times faster than the previous generation of Iridium transceivers.
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Nice find to investigate. I'm keen to find out why it's market cap is priced below it's FY20 Revenue. The free float might be small given the Top 20 shareholders hold nearly 73%.

I note in the Annual report that major Canadian department chain, London Drugs, has started selling ZOLEO across its 80 stores driving a growth in Canadian revenues from FY2019 $783,134 to FY2020 $2,168,610.

By comparison, revenue from UAE region dropped from $3,960,465 to $1,048,492.

But best of all; it gets next to no interest from the HC crowd! :D
 
From Smallcaps yesterday. Note the 50c exercise price for the free options but still disappointed retail shareholders weren't approached.

Satellite communications technology company Beam Communications Holdings (ASX: BCC) will receive a large cash injection, with demand exceeding $12 million of what was originally a $2.5 million placement.
Leading boutique investment management and corporate advisory firm Peak Asset Management conducted the offer – initially seeking $2.5 million with significant demand coming from both local and overseas institutions, including sophisticated and professional investors.
Investors were offered $0.25 per share with a one for three option. The options have an exercise price of $0.50 and expire 31 December 2022.

The issue price of $0.25 per share including the options, represent a 19.3% discount to Beam’s last trading price of $0.31, before it went into a trading halt this morning.
Sparking investors’ appetite

In the term sheet to sophisticated and professional investors, Peak Asset noted that Beam delivered $14.9 million revenues in FY 2020, while group EBITDA rose 43% to $3 million.
The company generated an underlying net profit of $341,419 and is expecting improved on that in FY 2021.
Peak Asset also pointed out that Beam’s products have been adopted by some of the world’s largest satellite and telecommunications companies including Iridium, Telstra, KDDI, Inmarsat and Thuraya.
Beam provides satellite communications solutions to all market sectors, with its flagship products being ZOLEO and Iridium GO.
Satellite message solution ZOLEO was launched in January this year across North America and Australia.
It is expected Beam will have shipped 22,000 ZOLEO units by the December quarter this year.
With the ZOLEO technology, Beam generates recurring revenues from monthly airtime subscriptions.
ZOLEO enables seamless connectivity beyond cell coverage and includes SOS alerting with 24/7 monitoring, location sharing, global two-way text, email and weather forecasts.
This product presents Beam with a large market with meeting disaster relief, military and government communication requirements.
Meanwhile, Beam’s Iridium GO satellite devices have continued to be popular with consumers headed off-the-grid.
Last month, leading satellite services company Iridium Communications (NASDAQ: IRDM), which boasts a market capitalisation of $5.1 billion, ordered an additional 5,000 Iridium GO units from Beam, which will be shipped later this year.
To meet increasing demand for both devices, Beam has expanded its manufacturing capabilities.
Beam will also develop the next generation of Iridium’s Certus devices, which will have data speeds more than 35 times faster than pervious transceivers.
Driving Beam’s growth is a highly experienced board including managing director Michael Capocchi, who has worked in the ICT industry for more than 20 years, and had senior managing positions with Optus, Myer and Iridium.
Non-executive director David Stewart is also highly experienced and has personally invested in Beam. He is the company’s largest shareholder and is a previous chief executive officer and managing director of NetComm Ltd and NetComm Wireless.
 
BCC made Tim Boreham's Criterion list of 21 stocks that are primed to run in 2021.

Beam Communications (ASX: BCC) – $24 million
The only ASX-listed developer of mobile satellite equipment, Beam sells its off-the-grid communications devices through retailers such as Kogan, Catch and Anaconda and also owns the SatPhone shops chain.

Despite the pandemic, the company posted a $3 million of underlying earnings in the 2019-20 year, up 43 per cent.

In October, Beam raised $5 million in an oversubscribed placement.

Beam looks a likely winner of the post-lockdown era as adventurers avail of their newly-restored freedom to roam.
 
themarketherald.com.au

Beam Communications (ASX:BCC) receives $2.5 million order for Iridium GO! Devices

Beam Communications (ASX:BCC) has received further orders worth over US$1.6 million ($2.5 million) from Nasdaq listed satellite services company, Iridium Communications.
themarketherald.com.au themarketherald.com.au
Beam Communications (BCC) has received further orders worth over US$1.6 million (A$2.5 million) from Nasdaq-listed satellite services company, Iridium Communications.

Under the new order, Beam will manufacture Iridium GO! Devices, which were jointly developed by the companies and launched eight years ago.
 
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