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...

A shrewd move.

Shall we buy more?

Ref : Talkpanerai

NO---That is the main reason I was reluctant to buy.Basically,I felt the
downside risk was very low.

i htink the ask price now is high

Shall we buy more ?
Me - No

Me- No as well.

How will these new changes ( Placing and Additional listing, change of Nominated Adviser and Broker ) effect the share price in next couple of weeks ?

I have NO idea.

vol ppl buying in > vol ppl selling

So investor feeled confident on this share at this moment.

How about price going down? what are the chances ?

I think yesterdays Downside was the lowest----HOPEFULLY,HOPEFULLY,HOPEFULLY.

Any comment for next week?

Buy High, Sell Low...............:-}

gary K,
I am intersting if you really do so. Buy High and sell low.

131 mln shares traded on friday,there was more sells than buys,and the share price was static,results are around the corner, but there seems to be a doubt in everyones mind as to which direction this stock should take,i personally think come friday we will see further upside espacially after looking at their over all expenses for the past year.

hopefully it rise again, finger crossed.

As the statement said Cybit is now attracting "blue chip investors". The fact that the placing was oversubscribed is also encouraging. This is all great news for cyh. The institutions do not invest in small tech companies without doing a great deal of research, especially these days! I think it gives us a very good idea that the interims will be very good. 7p - 10p by Xmas!!!!!!!!!

where do you get the statment?

Like I said before don't worry about the dips due to profit taking. This company is sound (it would not attract institutional investors if it wasn't)and has fantastic potential. All my investment money is in this share because I've looked around and cannot find a better place for it. All IMHO of course and DYOR. If they use the 5 million raised to keep on expanding and winning contracts then in six months time the price could be 30p - 50p. As you say ckmtang...fingers crossed!

ckmtang

On this thread posts 96 and 98 7th November.

It mentions the placing being oversubscribed which is great because the institutions that didn't get any will still want to get in.