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...

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...!

Long haul name of the game.This stock will be 20-30p within the year.Mark my words.Too much is going on and I ain't selling.The company is very busy and you will find out when results are published.

Nematode - I couldn't agree more, though I'll be a very happy bunny if they are up to 10p within a year!

bankone nice apology to the board
i thought it was a joke not a mistake must have been the stella eh :)
news about lex initiative is very good potentially they have lots of vehicles
i see cybit will get a mention in the booklet being handed out to their fleet managers thats gotta boost sales

beaufort1

Remember TFM still have a huge amount of CYH shares - so they really are still in CYH big time, they merely sold of a tranch of them at close to the highest price that CYH acheived last year.

mornin all I saw blue, I did, I;m sure I did buy/sell 1:33 !!!!

Thought I may have bagged a few @ 2.5 yesterday when they hit my buy limit, but not to be, thought I was pushing my luck!! O' will 3.35 to b/even .... waited 3 months, can wait another 3-4-5-6???
Up 180% on RTD makes up for CYH's dithering about...

chartist2004..your similar situation to me I'm on +130% RTD 'expecting' CYH to take over when RTD runs out of puff...keep the adrenalin runing

Bellsys - the 2003 Annual Report said Trafficmaster has 56m shares in CYH, which it sold in November 2003. Don't think it currently holds any. However TFM does still have options to buy CYH shares at 4.5p...

Apologies beaufort1 - my mistake

I wonder if they will take their options up - Hope so as it would be a confidence boost for Cybit on a big scale.

shaky start holding steady now, it'l be nice to see blue

To be honest i do not think there is much point watching this share day to day. I suspect any movement will occur either on the announcement of results half way through the year or on takeover news. However since it is thre european side of the business that is being strengthened (and any takeover activity is unlikley to be domestic) I am not sure if even that would move the price.

Almost 4m worth of new orders since december and the share price has hardly moved. I left rtd to get inot this and I am of course kicking myself very hard at the moment.

The basics are in place lets hop the market recornises the share before too long

Might be back in June!!!

Pumacat ;-( I took 1/2 my holding out of RTD and bought in here!!!! kindred... spirits ...I hope it dont take till June to show a profit, but recent activty or inactivity makes one wonder. time will tell .