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...

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.

Also try looking at www.advfn.com free BB. There is a much more ative cyh thread on there. Look back through the posts on advfn and you will learn a lot more about cyh.

it sounds so good, and hopefully it really rise to 10p before xmas and 30 to 50p in 6 months time/

After extensive research last week I bought into CYH (300,000 shares). That was before the placing announcement. Now, I am even more sure that I've done the right thing. As prepared said these boys don't just jump into any old company, they need a good return for themselves and their clients. Good luck to all of us and dyor.

It doesn't seem to be even getting closer to the 4.00p mark today.

Hmmmm, more buys than sells and it's going down... looks like the MM's are trying to shake traders for shares before a big rise! Perhaps they want a nice block to sell for the 14th :P

Best of luck all