BCC beam communications holdings limited

That's me gone, sold out completely today. This 4C was another...

  1. 7,305 Posts.
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    That's me gone, sold out completely today. This 4C was another disappointing one, back in the red, and importantly hardly any revenue growth compared to same time last year. What happened to all those big orders for ZOLEO and growing demand that were flagged a year ago? There's not really any evidence to me to clearly demonstrate that they are manufacturing more and getting bigger volumes out as "shipped and invoiced". The manufacturing and operating costs are massively up, and I accept they are stockpiling parts, but is there any uplift in manufactured product ? I'm starting to agree with the notion that they are a victim of a really crap deal with the Roadpost, BCC are carrying all the ballooning costs (R&D, shipping, manufacturing components), but are being revenue ring-barked by RP. It a recipe for a business disaster. This company seems simply not to be growing at the pace needed to counter the risk as an investment. It seems like a massive effort for them to try to squeeze out a million in EBITDA in a quarter, then its back to losses again. My investment has just felt like dead money since I bought in, always going steadily backwards. The killer is the fact that BCC has become a lobster pot, no trading volume to speak on a daily basis, impossible to exit if you need the funds, without crashing the SP. There's really nothing here to form a support for the SP at any level. Its a shame, because I really like ZOLEO and the whole story of something that useful to people, and an actual life saver. I think BCC will be seen as the sat comms company of the future, and always will be.

    All IMHO, DYOR

 
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(20min delay)
Last
13.0¢
Change
0.000(0.00%)
Mkt cap ! $11.23M
Open High Low Value Volume
13.0¢ 13.0¢ 13.0¢ $3.88K 29.84K

Buyers (Bids)

No. Vol. Price($)
1 2500 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 30157 1
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Last trade - 10.06am 17/06/2025 (20 minute delay) ?
BCC (ASX) Chart
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