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...

I wish my optomism could match my (and I'm begining to suspect ) many other regular posters here wishfull thinking, as allways given quality Co. and product we feel we should be seeing regular BLUE....today 38 of 40 trades RED with ave of 100k each 4mln shares dumped at this price!! ;-(((( ?????

Douggie - My broker let me buy some "at that price" which because the price was so low (and I must admit I'm not complaining!) went down as a sale. Still no AT trades going through. (& until there are nothing major is going to happen to this share.)

little woman

you will not get AT trades going through...cybit is traded on SEQA...to get AT trades it would need to be traded on SETSMM or SETS which it is not.

Cybits price is controlled by only four market makers.

douggie

take no notice of what the trades screen says at the end of the day...a spread of 2.3p - 2.8p today has really been 2.37p - 2.5p with some dealers - so the 2.5p could be mainly buys.

little woman ,I would like to have some at this price kept buying on ever decreasing price but nowt near this level I've heavily overspent here hence my dismay at continuing fall and big % paper loss so far so you and all who can BUY BUY BUY always glad to see your positive posts :0))

Douggie
i was offered 2.5 to buy 250000 , i have a fair few of these myself looking at the trades is a waste of time on a share like this , there are rumours of funds etc getting positions sorted so this will cause volitility until they are filled ,the mms are there to create a market for that to happen
You need to relax this share will go places but not yet, short term dips are time to stock up if you can
but inst bought @ 3p and 14mill bought by other fund, as long as management keep there heads together keep getting contracts and keep the cap expenditure down to a minimum, this has got the making of a retirement share , at the end of the day this is offering a product which is in demand from a wide range of clients

I wonder how tfc taking over yeoman will affect us?

Interesting question prepared.

Yeomans products on mobile phone networks adding to SmartNav really opens up the mass market for navigation services to smaller fleets, mobile workforces and the general public even on foot.

If Cybit is able to take advantage of this, and make their fleet and workforce management software available to small businesses on mobile phone networks and the web this service could be a truly massive market. If small business are able to track where their vehicles & workforces are, then even parents could be able to check where their children are!

Just food for thought and debate!

Legins,

As far as I know there is already a service providered by network operators to trace the location of a mobile for parents. I can't remember the name of the company, but I know it already exists.

skids

Could it be something along these lines
have a look
http://www.verilocation.com/192/

legins cybit already market combined mobile phone/telematics/navigation solutions

rampage,

that is exactly it. thankyou.

skids

ADVFN board members, who claim to own several, and i mean several million shares, are discussing getting together to question management vis a vis future plans.

I have given my support with my 500k odd

Comdirect are currently offering 2.45 for buys and 2.33 for sells - on a maximum 500,000 shares.

LW,
Bought somemore earlier on comdirect for 2.45p

To All

I expect you all read the cyh thread on advfn but just in case you don't I just wanted to let you know that traderxxx is going to represent a group of shareholders at the next AGM. It is in everyones interest to join his group because the more he represents the more likely they are to listen. If you read todays posts on advfn Cybit thread, then all will be explained and I'm sure many questions answered.

prepared.. how do I get to read advfn cyh thread please ?

Douggie

Go onto advfn website .com and click the free bb its easy.

Thanks ka made contact D.

miserable week loads shares sold must be fairish good that price held from Wed.

xfinger we at bottom can go blue next week , good fortune to all who can take advantage present price longing for you to have quick prifit...:o)))

Douggie

Don't worry about CYH all will come good. You will have noticed on the Advfn thread that there are a lot of big long term holders. Everyone is fed up with the shareprice and there are questions that need to be answered. But most people are still happy to be involved with Cybit because they think it will come good. Just keep telling yourself that the placing was oversubscribed
@ 3p. I think there are more institutions on the sidelines waiting to jump in. And what about all the consolidation going on in the sector. I think we have much to look forward to. The year end results will be published in June and then we will really know what's what. Just my thoughts, thinking out loud.