My choice for 2007 BATM Telco systems BVC is a previous favourite which unfortunately languished away in a backdrop of negativity in 2006 towards most small cap tech.
The story here though just keeps getting better and the company is on a fwd PER of @12 despite the fact the company has already indicated it will beat market expectations in its March 2007 results.
Growth rates are in the 30% to 40% range.
Main buzz centres around the fact they supply VOIP related equipt and have an impressive client list.
Its been a torrid period for the industry but through all the bad times BATM pressed ahead with R&D budgets in tact.
They have continually improved their trading position since lows following the Telco crash. CEO is a very competent and well respected head who has always been straight with investors.
His tone has changed markedly from reporting weak trading conditions up to 3 years ago when he remained cautious to what can only be called a bullish stance today.
The company has made acquisitions which have enhanced profitability already. I expect further acquisitions to follow as the company is now pofitable again and has an adequate war chest.
Not sure they will double but the SP in no way reflects the current story so I am hopeful for a robust 2007 building on what is so far a modest climb.
