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...

It will probably fall back over the course of today and then go into a steady neutral or negative pattern as we have seen in recent months now.

Hope I'm wrong mind you. More contract news would be a bonus.

CYBIT ANNOUNCES EXPANSION AND UPGRADE OF CONTRACTS


Cybit Holdings PLC ('Cybit') is pleased to announce the expansion and upgrade of
existing contracts worth an additional 1.25 million in revenues over the
lifetime of the deals.

Cybit has expanded its recently announced contract with Marshalls plc,
('Marshalls'), the UK's leading manufacturer of hard landscaping materials for
the construction and home improvement markets. As an addition to the initial
deal with Marshalls announced in January this year, Cybit will supply and
install its GPRS-based telematics solution into Marshalls managed hauliers
fleet.

Cybit has also received a further significant order from McAlpine Business
Services, a division of Alfred McAlpine PLC, ('McAlpine'), the construction,
infrastructure and business services Group, to expand the installation of its
Fleetstar-Online solution.

In total, the Marshalls and McAlpine contact extensions are worth an additional
450,000 in revenues to Cybit over the duration of the contracts.

Cybit has also embarked on a customer migration program aimed at users of its
first generation technology. To date, customers representing a substantial
percentage of the installed units of this technology have upgraded to take
advantage of Cybit's Fleetstar-Online solution. In total, the contacts for
migrations signed since January 1st 2004 will generate new revenues of 800,000
for the company.

Richard Horsman, Chief Executive of Cybit Holdings PLC, said:

'These contract extensions and migrations are a strong endorsement from our
existing clients, demonstrating the strength of our cutting-edge solutions and
the high levels of customer satisfaction resulting from our industry leading
service delivery.'

Comdirect are currently quoting 2.45 to buy and 2.33 to sell!

Just picked some more up @ 2.45 from Hoodless&Brennan (and so did a lot of others by the look of it!)

I bagged more @ 2.38 on Mon, that brings the break even down to 2.678p, soon be there! It takes acorns ages to grow into oaks!

BARWICK HOLDINGS CONSORTIUM

Barwick Holdings Consortium is pleased to announce an interest of 7% in Cybit Holdings plc.

Note:
The aim of Barwick Holdings Consortium is to further the interests of investors in Cybit Holdings plc.

Barwick Holdings
Seeking Shareholder Value for Investors

traderX

@ 3pm, comdirect were quoting 2.50 to buy & 2.36 to sell

Quite different to the 2.8p buy & 2.3 sell we can see!

great to finish BLUE didnt expect to hold all .20p gain xfinger tomorow ;O))))))

nice rise for you little bro. hope little one ok...

Unless some of the sells today are infact buys good news hasn't won much support in the market has it. ;o(((

According to mgstone on the ADVFN bb the 2.50's are buys ?

I think we need to see a set of good company results, with a build up on the present profits to make the share price move significantly.

jonfish53, i've checked with both my brokers and they are quoting 2.5 to buy.

Chin up Douggie
Keep smiling :o))

:o))))) thats the new I was hoping for ....thanks all.

If the 2.50p's are buys then we are looking at the following volumes:

TOTAL
1,093,039

BUYS
377,521 - 34.54%

SELLS
715,518 - 65.46%

Barclay Stockbrokers have 2.5 buy 2.35 sell, so y all the 'red' trades ?

Have any of you taken a look at the "ask a trading question" thread? (Post 378 - which no one seems to have an answer for!)

The offer price quoted has dropped to 2.6p and my broker is letting me buy at 2.35 and sell at 2.33!

Things seem to have settled a little bit now with regards to price dropping ! perhaps we may see a little movement N

G12 :)

I've just bought 50,000 @ 2.35! (The transaction recorded as a sale)