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...
Douggie
- 17 Feb 2004 09:40
- 1226 of 3104
Oh dear here we go again hope we find bottom soon...:o((((
Douggie
- 17 Feb 2004 09:41
- 1227 of 3104
oooooops
jonfish53
- 17 Feb 2004 11:58
- 1228 of 3104
Moving back up now panic over.
Golfclub12
- 17 Feb 2004 14:00
- 1229 of 3104
Buys are catching the sells today . Fingers crossed we may be seeing an about turn in the next couple of days.
I would imagine that the ? on the trades were possibly buys as the price has steadily gone up.
G12
Golfclub12
- 17 Feb 2004 15:44
- 1230 of 3104
Douggie
- 17 Feb 2004 20:37
- 1231 of 3104
yup xfinger nice blue no shortage interest with 11ml.shares changeing hands!!!
Douggie
- 18 Feb 2004 10:42
- 1232 of 3104
Ooooops spoke too soon hardly any interest today so far???????????????? :o(
Golfclub12
- 18 Feb 2004 10:50
- 1233 of 3104
when i last looked buys were greater than sells. Still think its only a matter of time.
G12
chartist2004
- 18 Feb 2004 13:31
- 1234 of 3104
What' before we loose all our dosh! :o(
Nitefly
- 18 Feb 2004 13:57
- 1235 of 3104
You only lose your dosh if you sell. For now, you have only lost time... and there is plenty of that to go around!
chartist2004
- 18 Feb 2004 14:03
- 1236 of 3104
A share is 'only' worth what it is worth right now! today yes?
and no I have not only 'lost time'!
Nitefly
- 18 Feb 2004 14:38
- 1237 of 3104
Each to their own I guess...
snowballroller
- 18 Feb 2004 15:11
- 1238 of 3104
picks from Larry Williams`s book; Long-term secrets to short-term trading---
The "secret" is the shorter your time frame of trading the less money you will
make. IT takes time for profits to grow! Compare Trading & Investing as a race
between hare & tortoise, you need a longer time frame for Investing!Say it this way,if you put a big chunk of beef in an oven to roast,you know it takes
1 1/2 +hour to get it ready ,and you open the oven door every FIVE minutes to
see if it is DONE!!!! CYH investors, please check your behaviour?! rgds SBR.
Douggie
- 18 Feb 2004 16:37
- 1239 of 3104
True I'm disapointed the way this share is going since high of early Jan. I'm more hopefull than optomistic for near future, but there is no way I;m selling and takeing a real loss this company has to come right sooner than later,it has so much going for it. I do wish I had sold and taken the profit at the high and been rebuying now but thats hindsight, am living and learning!! trouble is I'm certain that when I do go for profit the fall wont come but rocket on upwards.regards all D. ;-)
rampage
- 18 Feb 2004 16:42
- 1240 of 3104
SBR
Nice analogy.Rather than have money sitting in a "high" interest account for twelve months I would rather own CYH shares
money magnet
- 18 Feb 2004 18:57
- 1241 of 3104
snowballroller i once eat a big chunk of beef and it made me mad but if i sold my cybit shares i would be really mad %)
bellsys
- 18 Feb 2004 20:51
- 1242 of 3104
New release from Cybit this evening, check it out - Huge potential
http://www.cybit.co.uk/news.htm
BANKONE
- 19 Feb 2004 00:45
- 1243 of 3104
Thought this might be interesting to all CyBITers
CybIT Holdings PLC - Trading Statement & EGM
RNS Number:6701H
CybIT Holdings PLC
19 February 2003
Cybit Holdings plc ('Cybit' or the 'Company')
Trading Statement and Notice of EGM
The Company has today written to shareholders with a notice convening an
Extraordinary General Meeting ('EGM') to be held on 13 March 2003, and has
included the following trading statement:
Trading Statement
The Company continues to build on its position as one of the fastest growing
Telematics Service Providers ('TSPs') in the UK. Revenues for the financial year
ending 31 March 2003 are expected to be in the region of #5 million.
Cybit has continued to win significant new contracts over competitors and repeat
orders from existing customers. This has helped the Company to develop a growing
forward order book that will underpin first half performance in the next
financial year.
Revenues generated from partnerships are increasing and the Company expects
further announcements in this area during 2003.
The Directors see an increased appreciation of the strategic business value
offered by telematics based asset management solutions which is translating into
an increase in both current business wins and an enhanced pipeline of
prospective users. This combined with a number of potential acquisition
opportunities which the Board are evaluating gives great confidence in the
continuing success of Cybit and leaves the Company well placed to exploit
expected growth in the market.
Notice of EGM
The EGM has been called for the following purposes:
1. to reorganise the Company's ordinary share capital (the 'Capital
Reorganisation'), effectively reducing the nominal value of an ordinary
share from 1p to 0.1p, by sub-dividing every issued ordinary share of 1p
into one ordinary share of 0.1p and one deferred share of 0.9p and
sub-dividing each of the unissued ordinary shares of 1p into 10 ordinary
shares of 0.1p (and to alter the Articles of Association of the Company
accordingly); and
2. conditional upon the passing of Resolution 1, to substitute and renew the
existing authority of the Company pursuant to Section 95 of the Companies
Act 1985 (dis-application of statutory pre-emption rights).
If passed, the resolutions will provide the Company with greater flexibility in
financing its future, as it will afford the Directors the authority to issue
shares of the Company for cash to prospective investors, if opportunities to do
so arise. In view of the Company's stated strategy, the Board considers such
flexibility of great importance.
Enquiries
Richard Horsman, Chief Executive, Cybit Holdings plc 01480 389100
Mark Percy/Jeremy Porter, Seymour Pierce Limited 020 7648 8700
Billy Clegg, Bell Pottinger Financial 020 7861 3232
?????????????Thoughts anyone. Good luck
snowballroller
- 19 Feb 2004 02:05
- 1244 of 3104
Does it mean we `ve to cook that roast beef for 5 hours instead of the 1 1/2
hours we planned earlier? Oh dear,someone may starve to ......
money magnet
- 19 Feb 2004 03:30
- 1245 of 3104
only a year late