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...

Out of the ashes!!

I'm not selling, no way. The minute I sell, the price will rise significantly!! Optimistic or what!

Med to long term I have always said these are a stock worth having. On the back of the recent news about contract wins and improved systems, the price should have risen, but that's the stock market for you. If some of you think the MM's are manipulating the price, then I think it is an interesting idea. I hope they can sort out their stock holdings for institutional buyers asap, so the good, honest, private investor like me can make a bit on the side.

Best not to worry about what the MMs or the markets are doing as there is little we can do to affect them. Best to buy on facts and belief in the comapny and hold your nerve in these choppy times.

I can only see long term ups, no reason to drop further at the moment IMHO, DYOR, etc

I'm waiting for 2.5p

Madasafish

Am i missing something

yes : that is support and we bounced there before

rrrr yeah!!

Phil

What do you think of todays drop? I am absolutely mystified!!!!! I just can't understand the shareprice because this company is a little gem....something is definitely going on, have you any idea what it is?

good set buys 1.5mln last 20min still hope ..but Trafficmasterdown 3pts from morning gains ??????

A fair amount of buys this afternoon since 1430hrs which has nearly evened things up a bit today approx 3m buys 3.7 sells, better than yesterday.

Fingers crossed for tomorrow.

G12

fundamentals have not changed in fact there better
difficult to hold your nerve when its choppy you often feel seasick :~(
but im holding onto mine tight

Im holding on too but remember it is friday the 13th tomorrow.....!!!! Hope its lucky for cyh holders...

Can't see how they (MM's) can sustain this for much longer. As soon as the ask drops a tenth or two, they get bought up. For sure they're going to get fed up and move onwards and upwards. Looks like the general consensus is to hold, so I doubt there's much playing room at these prices, even for the MM's. The shaking is done with here, time for a surge northward maybe.

AIMHO - good luck to all holders.

NF

The surge will happen.This can only be suppressed for so long.Bought more today.I put my money where my mouth is.We will be rewarded.

The MMs are a bunch are tossers , just remember "every dog has its day , and every cybit share has a golden lining"!

Lets get Rich

G12

That's the spirit G12.Did u ever get a reply from Cybit????

Today "my" OBV reading; seller showed their winning hands after 5 days of sideway movement,thus made a reference point for a DOUBLE BOTTOM formation,can the reversal appear from there,only time tells. SBR.
PS,if DB. fail,i`m going to load a cannon at the Treble Bottom point,go for it!mate. :)))

Good morning all

Nematode ,unfortunally no. I have mailed companies such as Planestaion in the past and had replies , maybe not the answer that i wanted but a least i got a reply. How i see it is that Cybit as we have all said in the past are playing their cards very close to their chests. I just think that its a matter of time
before we see them head north again.

Happy trading G12

Thanks G12,I agree with your sentiments,time will tell.

nematode/G12, I agree that holding (or adding) is the best policy at the moment. And another way to look at CYH is, with all the selling going on surely the price should have dropped below the 2.5p support level? But it hasn't, and for every sell there is a buyer there somewhere - we just don't know who that buyer is yet!!!

skids

mornin all nice to see blue again, is someone being a tad greedy spread at 13.3%??