Still Waiting
- 21 Sep 2003 22:33
The chart for this stock says it all.
The company is quickly becoming a real gem in the telematics field, over the last month the co. has announced re-seller contracts which will bring in min. 2m or >30% of last years T/O alone.
The company is already experiencing massive organic growth so the co. should be profitable now following last years 500k loss.
The co. has approx. 6m cash and is in one of the hottest growth areas at the moment.
With a market cap. of 25m this will be re-rated x2/3 minimum within the next 6-12 months IMHO.
MM buys went through on Friday with T/O continuing to build, one to put on your monitor...
nematode
- 05 Feb 2004 10:21
- 1075 of 3104
Is it true what chrissie says that you are efc,in which case you are a very astute man.Can I ask you how much in %premium were you offered for your holdings???
Legins
- 05 Feb 2004 10:36
- 1076 of 3104
chrissie,
I am just a small private investor with a target to speculate to accumulate and increase my investment capital for some pressing mid to long term goals.
Very occasionally I contribute to posts on advfn (Legins99) but find there is far more personal insult, abuse and idle chat totally unrelated to the thread and because of the volume of this it takes to long to sort out the "wheat from the chaff". So I far prefer am and the majority of people contributing to this BB who seem to be intelligent and provide a good balance of +ve or -ve commentary.
I also think your posts are interesting on CYH, particularly as I understand you also are investing yourself in the company and work elsewhere in the telematics industry on the "shop floor" so to speak and therefore worth listening to your commentary.
On the subject of phil5366 aka efc123 unless he works in the telematics industry and close to CYH or working directly for them or that he has a personal contact to someone in the boardroom he does not know anything better than what anyone else can glean from information in the public domain. If he holds 19Mln in CYH then expected good fortune for him but that doesn't mean his commentary and opinion is any more accurate to others here. I agree with him that others should not give in to selling their CYH holdings.
Where I come from is certainly not on Cloud9, however I am inquisitive in knowledge and need to have my eyes and ears wide open with having an adventurous and entrepenureal trading personality. Just following a gut feeling and instinct has often paid off.
Also about 2yrs ago I purchased some charting / technical analysis software called Metastock which literally transformed my timing accuracy in buy and sell decisions in trading for growth investing. In the main for investment analysis I use just 4 indicators overlaid on charts. These are MACD, RSI(14), RSI's 10Day simple moving average and RSI's Bollinger Bands. The RSI is IMO the best gauge of strength and sentiment of companies with MM's.
The RSI values on CYH have been stuck in a channel between 47 & 55 for several weeks but previously has been in an upward trend channel. Had the RSI fell below current trading channel levels towards and below 30 then CYH would not have that a solid a profit making future for investors & MM's as in the coming weeks and months with futher contract news and next accounts the share price should signifcantly improve.
snowballroller
- 05 Feb 2004 11:09
- 1077 of 3104
legins,
very good post! nice to see you around here.
I just put CYH on my OBV watch, even the sys does`nt work as efficiency as in large coms. rgds SBR.
PS, `ve a look at OMH, a candidate for nearterm trade or long term investment.
Nitefly
- 05 Feb 2004 13:42
- 1079 of 3104
I certainly would not complain if Cybit(CYH) did what African Diamonds and Gold(AFD) has done.
skids
- 05 Feb 2004 14:46
- 1080 of 3104
Will the tree shake ever end.....
Golfclub12
- 05 Feb 2004 14:53
- 1081 of 3104
someone is making a tidy sum, lets hope he/she starts to shake someone elses tree!!
jonfish53
- 05 Feb 2004 15:21
- 1082 of 3104
Lots of buying now but but it's not reflecting much on the price.
skids
- 05 Feb 2004 15:36
- 1083 of 3104
jonfish53
it is now. could be the start of the upward trend.
skids
jonfish53
- 05 Feb 2004 15:44
- 1084 of 3104
Skids I hope so just Bought another chunk.
snowballroller
- 05 Feb 2004 16:06
- 1085 of 3104
My "OBV watch" just indicate that CYH starts a rally sign, can it establish an accumulation pattern? Still too early to tell yet. SBR
Nicholas
- 05 Feb 2004 16:16
- 1086 of 3104
_Pardon my ignorance but what is a OBV watch". Is this on Money aM?
Legins
- 05 Feb 2004 16:22
- 1087 of 3104
OBV is a charting technical analysis indicator called On Balance Volume
Legins
- 05 Feb 2004 16:22
- 1088 of 3104
money magnet
- 05 Feb 2004 16:25
- 1089 of 3104
money magnet
- 05 Feb 2004 16:31
- 1090 of 3104
hello legins liked your post earlier especially this paragraph
Where I come from is certainly not on Cloud9, however I am inquisitive in knowledge and need to have my eyes and ears wide open with having an adventurous and entrepenureal trading personality. Just following a gut feeling and instinct has often paid off.
somes up exactly my trading style as well
ive found instinct can be a powerful ally if you trust it
best of luck
Legins
- 05 Feb 2004 17:06
- 1091 of 3104
Cheers for your comment money magnet and pleased to see some other like minded investors on this BB, best of luck to you too!
phil5366
- 05 Feb 2004 19:27
- 1092 of 3104
Chrissie,
I am one of the fortunate ones, I have family who work in telematics. One of them works for a company called Cy*** (Damned if I can remember the name) so in one respect I do have some pretty tasty information. At times I have dropped as many hints as possible on the AD*FN BB. There will be various Contract news over the coming months & much more. Some of the posts on here over the past quarter have been quite similar to my posts on the other BB (Naughty - Naughty)
At first it seemed that someone was repeating my information? I wonder who!
Anyway I wish you all the luck in the world, anyone who is in this will have there days in wonderland. Patience is the name of the game.
My current holding is 19.75M most of them bought at 0.04 - 1.5p. I just wish that it was a stock that I could daytrade, but with the ridiculous spread it is not practical yet.
Other stock I am in are: TRK Many Millions, AFN 3.5 Million, AFG, AFD, TMG, and so on. Long Term is the name of the game for me, I have not seen a more manipulated stock than CYH for a long time.
So chrissie we might be on the BB at the same time some time, so if you want to drop me your email we could talk about contracts & shares etc.
As of yesterdays date Cyh had not made a bid for Ygp.
Good Luck to all who hold, but what do I know?
phil5366
- 05 Feb 2004 20:26
- 1093 of 3104
What a lonely BB? Will someone cancel the milk tomorrow!
jonfish53
- 05 Feb 2004 21:00
- 1094 of 3104
Manipulated! Now who would do a thing like that???