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...

09.40 red at 2.95p trades about equal! if they want shares from profit takers why lower price.

does this mean they are now looking for buyers?????

If you have got faith in Artemis' judgement you might like to take a look at Coffee Republic (CFE). On Tuesday, as well as announcing their holding in Cybit, Artemis declared a 7% stake in CFE. I think this is a good recovery play - the shares are only 1.3p at the moment.

There is a CFE thread here: http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=2359

MMs need stock for the big players, we just don't seem to matter except they do need our stock. I'm going to hang in there, look at all the buys yesterday, this stock is definitely being managed. All imho dyor.

I can see your point prepared, so is the trick to scare the sharesout of us so the big lads can buy cheep rather than tempt us with a bit of profit, spose it makes some sort of sense :o((( ?????????????

Douggie

I'm just hoping that the year end results and announcements will send this share on it's way, by which time all the fun and games will be over. xfingers!

It's not so they can buy them cheap as a pre arranged price will have been agreed for the massive volume instituions trade. The MM's therefore have to do everything in their power to free up shares and put people off buying, hence the slight rise - people sell on profit taking, then the drop - people get scared and sell to prevent a paper loss.

You'd be surprised how many people who trade short term set very tight stop losses, I used to do it during the heady tech days when rises equalled 50+ percent and falls came in the 10% range, I'd stock up, let it rise, keep upping my stop loss at only 3-5% below the price to capture most gains. Let it drop a few percent and then ensure I had a buy order in place. I made a killing doing this, though it did cost me a lot in fees, but the profits available back then were phenomenil. You could start off with a couple of grand as I did and built it up into a very tidy profit. I did still get burned slightly by the crash, as did just about everyone I reckon, but overall I came out much better on balance.

Hold your nerve and await the next news, etc.

thanks gary k I posted on here weeks ago I find myself somthing of ajinx (tounge in cheek I sujested you pool to buy me out) you didnt SO I got my little bro who is much better than me at putin the mockers on a good thing to invest all his available cash here he DID on Tuesday now look what has happened :0(((((( Igot to hang in I'm on a big paper loss ...I will hold cos I realy do believe this Co. will go far, that real reason I got little Bro.to buy, I do expect to see profit again soon ( I wish I'd sold at 4.5p to be able to rebuy now )hindsight wonderfull in it

And greed can be a terrible thing!!!

Get yourself a strategy so you set limits and stop losses, otherwise don't watch everyday mate!

Goodluck

Found this on ADVFN....................as an investor in this company (and still learning the markets) would appreciate any opinions from people in the know..........?
ncreasing pressure upon UK vehicle fleet operators to improve motor accident rates,comply with European Union Driver hours rules and demonstrate a clear duty of careto their fleet drivers, has seen the value of the European vehicle tracking marketgrow to 6b. A recent KPMG survey of car manufacturers revealed that 62% of all new fleetvehicles will come fitted with some form of telematics as standard by 2005.IAfter a lengthy period of evaluation andreview into the benefits of vehicle tracking technology, fountains appointed Cybits (Holdings) plc to provide its telematic requirements.fountains needed assurances that thenew system could enhance customer service, improve working practices and produce management reports for effective and safe fleet performance.As Paul Concannon, Purchasing & FleetManager, explains the web based FleetStar Online software package provides us with comprehensive journey logs. We can ensure our staff are not exposingthemselves to unnecessary risk throughexcessive travelling and working hours.This information can also be utilised toconfirm completion of works to our keycustomer base. Another bonus from the installation of thevehicle tracking devices into 200 fountainsfleet vehicles will be one not shared byvehicle thieves. We can request an instantvehicle location update and actually trackthe stolen vehicle in real time. Thisensures that we can direct the authoritiesaccordingly in recovering our property. The first units have been installed into 26 fleet vehicles operating from fountainsWinchester office. Business Manager,Stephen Gates, is enthusiastic about theOnline system. The customer focusedsupport offered by Cybits during the first few weeks of operation has beenimpressive. The visibility of the systemensures that we can offer our clientsminimum response times to emergencyrequests whilst advising our teams of anypotential traffic congestion problems.Particularly impressive is the Cybit SMARTNAV facility which provides drivers withsatellite navigation and real time trafficinformation. Such technology reducestravelling time and will prove invaluable to management and support teams whofrequently visit unfamiliar locations. It is planned that the remaininginstallations will take place on a businessunit by business unit basis over the next12 months.by PAUL CONCANNONPurchasing & Fleet ManagerWAGONS ROLLMissionby STEPHEN GATES Business ManagerFollowing the award of a major long term Vegetation Management contract from Network Rail Southern Region, the challenge was to find a vehicle that couldCarry five employees to various rail locations acrossthe southProvide basic welfare provisionEnsure that comfort, safety and security wereparamount throughoutWith the assistance of QI Systems (Telford) Stephen wasable to specify and develop a bespoke crew messingvehicle for vegetation clearance works. To cater for staffwho have to visit/attend to works at numerous locationsboth night and day, the vehicles unique features include:Hot water washing facilityIntegrated drying compartment for clothing andclimbing ropesMicrowave ovenAdditional floodlightingAnti-slip flooringAir sealed storage units for fuelSlam locksOpinion PAUL CONCANNON,Purchasing & Fleet ManagerThis bespoke fountains vehicle offers both practicaland financial benefits to the company that could not beobtained from sourcing standard off the shelf rail industrycrew vehicles. It is a perfect example of what can beachieved through working in partnership with suppliers .Footnote IMPROVEMENTSFollowing four months of use, those fountains employees whohave been involved with the new vehicle have made thefollowing recommendations:✔ Chainsaw racks to be replaced with shelving (toprevent damage to saws)✔ Holes in heating cabinets to be closed (to prevent heatdissipation) ✔ Rear step and tow bar to be raised (to increaseclearance). Electrics moved accordingly✔ Additional lights to be fitted over the workbench area✔ Microwave ventilation to be increasedThese modifications will be made to the current vehiclesand incorporated in the manufacture of the next generationof Movanos.Diagram supplied by CybitMilton KeynesLutonfountainsEQUIPMENTMaking tracksMovano van on-site for Network Rail. Photo: Andrew Humpage


not been announced yet

Sounds rather good

I've been away this week, and just caught up with your posts on this threads.

You really must ignore the trades - they generally are meaningless (which is why the price has not really done much in comparision to the recorded trades.)

Take today - most of the trades are Ordinary trades. They are done within a broker, matched from one customer to another (which is why sometimes when you get a really good price, and buy a share, it is recorded as a sell, as the broker didn't make anything on the spread as they matched your purchase to another sale)- it's the AT trades which are the ones tend to make prices move.

When a broker has less shares available for his clients then he will buy more from the MM, (AT trades) and when the broker holds too many he will sell the excess shares to the MM. The MM will fix the price according to whether they want to encourage more buying or selling from the brokers according to the amount of excess stock they are holding. Also if a MM has too little or too much stock they will buy or sell from each other.

little woman thanks for that information I was about to thank also garyk most my posts are fishing info. views, new here and learning which is one reason I spend time lookin in

Interesting to see Cybit specifically mentioned in Billam's (BLLM) results this morning...

Billam PLC
27 February 2004

BILLAM PLC

PRELIMINARY ANNOUNCEMENT
FOR THE YEAR ENDED 31 DECEMBER 2003


The Board of Billam Plc ('Billam' or 'the Company'), the investment company
specialising in technology for the future, is pleased to announce its
Preliminary Results for the year to 31 December 2003.

Achievements

Net assets grown 70.7% over a three year period
Net assets 10.7 million at 31 December 2003
Significant commercial progress made by investee companies particularly
CybIT Holdings plc
Revised website
Successful flotation of EiRX Therapeutics plc in January 2004

And in detail...

CybIT is believed to be the fastest growing provider of telematic services in
the UK. In the past 12 months it has launched new products and announced
alliances with several major UK companies including insurers such as Norwich
Union, telcos such as Vodafone and O2, lessors such as BRS and Lex, as well as
specialist mobile telecom distributors.

At the interims CybIT's sales had grown 79% (compared with 2002) and the company
declared a small profit. The company raised c.4.5 million net of costs in
November 2003. This will allow CybIT to accelerate growth plans and develop its
recurring revenue based business model.


Another positive newsflow for Cybit!!!

Nice for someone to blow Cybit trumpet for them they seem reluctant to blow their own everything looking good except share price

mms blown raspbery at that news put price down more!!!!!!!!!!!!!!!!!!!!

We will all be saying, "I told you so!" when we turn on the screen on a morning and find CYBIT at the top.

Entertainment just watching the price.

Oh, how they like to shake the tree...

What I don't understand is why no news from Cybit? Surely there will be a trading update soon. Even the info in the Billam statement is well out of date.

Maybe Cybit should work on their PR!!!

Just bagged a few more @ 2.83 :o)!

Bit about Cybit London Evenin Standard tonight. M & C posted details on advfn. All very very encouraging.

Sometimes I find the markets incredibly frustrating. Since buying inot the share I have researched an awfukl lot in the company and everything seesm to suggest that this could be a real gem. Yet the markets keep putting the price down.

Whil;e I appreciate that some may argue its more potential than anything else this potential is beoing borne out by new orders and now instititutional backing.

It was about this time last year that a trading statement was amde and I am wondering if the same thing will happen again.

I also have shares in dfd and on Friday 10,000+ shares were purchased, 500 shares sold - result? - 2% drop in share price!! If the markets are driven by demand then why are there these bizarre movements?

As I said before I am definitely in until June now and will see what happend by that time in terms of new contracts and press coverage