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...

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. ;-)

SBR
Nice analogy.Rather than have money sitting in a "high" interest account for twelve months I would rather own CYH shares

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 %)

New release from Cybit this evening, check it out - Huge potential

http://www.cybit.co.uk/news.htm

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

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 ......

only a year late

mornin all :o( as I'v so often witnesed published 'positive'news sends price down not up! hped this couldnt go any lower, can anyone explain implication to existing share holders if this proposal goes through?

I've removed this post - as the info is out of date!

19 February 2003?

Thanks for the gentle hint money magnet - Looks like I goosed up after watching the England game and saw this news on the CyBIT Web Site and I apologise for the posting as it is ONE YEAR OLD. ooooops. SINCERE APOLOGIES

so not such good news for us! :-((( profit of 1p increase diluted by x10 i.e I have 300.000 so 300 not 3.000 ....not so bad when they go down tho. :o((

Phewwww!!!!

Did it happen 1yr ago ???

Cybit and Lex Vehicle Leasing Enable Companies to Meet New Government 'Driving at Work' Guidelines
Providing solutions that help organisations meet duty of care obligations for mobile workforces, minimising risk and cutting fleet costs
Supports recent Lex Vehicle Leasing research revealing health and safety issues at the top of fleet decision-makers' agendas
Cybit, the UK's leading supplier of online fleet management and telematics solutions, and Lex Vehicle Leasing, the UK's leading contract hire company, have launched a major initiative which helps fleet managers meet the guidelines laid out under the Health and Safety Executive's new 'Driving at Work: Managing Work Related Road Safety' report. Lex is offering organisations a free pocket guide to the HSE's Driving at Work guidelines which includes details on how Cybit's online telematics solution can assist them to manage and monitor their mobile workforce more effectively.

"The new Health and Safety Executive report outlines 60 recommendations for managing risks to drivers. These recommendations can be crucial to help prevent your company being charged with failing to exercise a duty of care to drivers at work," said Richard Horsman, Chief Executive of Cybit Holdings. "Cybit is now in the unique position of being able to work with industry specialists such as Lex Vehicle Leasing to roll-out a comprehensive range of value-added solutions that can help fleet operators ensure duty of care, while minimising risk and cutting fleet costs."

Jon Walden, Managing Director, Lex Vehicle Leasing, added: "The launch of the Government's 'Driving at Work' report is a reminder of the growing burden placed on fleet managers to ensure driver safety and avoid risk of prosecution. Organisations with fleet operations are now faced with the scenario of being held legally responsible if, for example, one of their drivers is involved in a serious vehicle accident while on company business.

"This increased focus on duty of care is supported by the results of our recent findings into the fleet market - that concluded that health and safety issues are top of fleet managers' agenda for the coming year. By working with Cybit on this major initiative, we can help organisations to exercise their duty of care by measuring and monitoring the performance of their mobile workers against a strict risk assessment policy."

The HSE's Guidelines outline the requirement for companies not just to identify, document and assess risk for their staff while at work, regardless of where that is, but also to continually manage and monitor that risk. This is clearly an issue for companies with a mobile workforce. Under the guidelines a company and its directors can be deemed liable if they can be shown to have been negligent in assessing and managing the risk for their staff and others from work related driving activity. Many companies are unaware that the guidelines cover all vehicles that are driven by their employees on business regardless of whether they are purchased, leased or privately owned by the driver.

Cybit's solutions enable management to measure and manage driver performance against the standards and policies set by their organisation. For example time behind the wheel, excessive speed and suitable rest breaks. Not only do Cybit's solutions assist companies to comply with legislation, they also offer a wide range of benefits that enable organisations to reduce operating costs and increase productivity.

About Lex

Part of RAC plc, Lex provides a comprehensive range of motoring and vehicle solutions to help businesses improve their efficiency and effectiveness. Lex is proud to have a motoring services heritage dating back to 1928. Today some 20,000 businesses across the UK, including two thirds of the FT-SE 100 companies, trust Lex to provide them with motoring and vehicle services.

The Lex businesses are:

Lex Vehicle Leasing, the UK's leading contract hire provider for company car and van fleets, with 99,000 vehicles under management. Lex Vehicle Leasing is a joint venture with Halifax plc.
Lex Transfleet, an award-winning provider of commercial vehicle fleet support services, offering expert and impartial advice on fleet management, rental, contract hire, driver management solutions and workshop services. Lex Transfleet is a joint venture with Lombard North Central.
Lex Komatsu South, providing Komatsu lift trucks on sale or contract hire together with comprehensive engineering support.
Lex Commercials, the UK's leading commercial vehicle dealer network, selling and maintaining new and used vans and trucks and selling van, truck and trailer parts.
Lex Auto Logistics, providing purchasing, inventory management, warehousing and distribution of parts to support businesses' logistics requirements.
Lex Defence, providing a unique range of skills and services to support the fleet requirements of the British Armed Forces.
Enquiries

Philip Szomszor
IBA - PR for Cybit
01780 721 433
pszomszor@iba-europe.com Sophie Geering
Marketing Manager, Cybit
01480 389100
sgeering@cybit.co.uk

About Cybit

Cybit is a leading provider of fleet management and telematics solutions, delivering a full range of Internet-based software and support service to private motorists, vehicle fleet managers and commercial haulage operators. Cybit operates a number of telematics platforms, from end-to-end OEM solutions to its own generic platform, providing satellite tracking of mobile assets via street-level digital maps. This enables Cybit operators to obtain data and deliver services or assistance via wireless networks for safety critical events, accident or breakdown, as well as providing support if a vehicle is stolen, or a driver is late or lost. By facilitating the processing of this information for financial management purposes, Cybit then frees users up to promote best use of existing resources.

posted 18-02-04 on cybit website

i only want them to go up to 4p and then i can sell some,fingers x
Lots of buys today
G12

so,about the "roast beef",we can `ve it in an hour time then.Yummy,yummy! :))

Folks

I am not digging for info , but where do you think this share is heading up or down ?I know that this company is up and coming but not even my wife plays with my emotions this much.....


G12

Golfclub12:

The feelings that you may be going through atm with the price being down at 2.4p is EXACTLY! what the MM's want you to feel so that you sell.

Now then, you say you know the company "is up and coming", this is what you should focus on.

RTD did this a few months ago:

10.5p...
RNS: "Results out soon"...
13.5p...
Results out...
10.5p...
Price goes up for no reason (MM Manipulation)...
12.5p...
Everyone jumps in because they think they're gonna miss out...
9.5p...
Everyone sells out because they think they're gonna lose everything...
23.5p...
...and the story goes on!

As long as the company is good and going in the right direction, FORGET what the MM's are trying to do!

They aren't getting mine!

AIMO

Looking at post 1252 I can't help feeling that CYH is an obvious takeover target either for Lex/RAC or Trafficmaster. (However Trafficmaster sold its holding in CYH last autumn.

Relax folks, CYH is doing all the right things. But until there is some major new data, eg great figures or big new contract such as with NU I can't see this recovering much.

NB VCs came in at 3p so the Company will do their best not to let the share price drift too far south of that...

I am in for the long haul.

Relax folks, watching this stock hour by hour is a recipe for ulcers...!