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Cybit the best telematics play (CYH)     

Still Waiting - 21 Sep 2003 22:33

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...

neilpos - 26 Mar 2004 10:02 - 1537 of 3104

comdirect - sell 2.35p, buy 2.4p

chartist2004 - 26 Mar 2004 10:08 - 1538 of 3104

neilpos - barclays ditto!

little woman - 26 Mar 2004 10:08 - 1539 of 3104

chartist2004, spoke with amberjane (as we now have the same broker) and she got some at 2.40! I hope she doesn't mind my mentioning it.

I think you need to change broker.

chartist2004 - 26 Mar 2004 10:12 - 1540 of 3104

L.W. Dont think so as I said yesterday I bought @ 2.38 this wk :o))

tburns - 26 Mar 2004 10:51 - 1541 of 3104

Dear All

I hold 1.5M of these at an average of 2.8p, not good at the moment I know. My belief is that as we get towards April 5th tyhe price will continue to drift down as people lock in losses here to offset against others profits and so sit within their CGT limit of approx 8k. From April 6th, people will pour back in and in prep for the results in May/June this share will rise. I am liquidating about 30k of other shares to buy in here over the next week to pick them up at a bargain price.

I will then hold for upto 9 months. Am looking to sell outr half my holding at 5p and retain the rest to kick start my pension. Watch it drift over the next week then wait for the uplift. This strategy is employed by investors every year and should ne no suprise, just this year Cybit is a good share to lock in losses in the knowledge you can buy back in.

little woman - 26 Mar 2004 13:16 - 1542 of 3104

Douggie - I think the brokers are running out of stock - I just got quoted 2.6 to buy 2.38 to sell.

neilpos - 26 Mar 2004 13:28 - 1543 of 3104

Still 2.4 to buy & 2.36 to sell on comdirect

jonfish53 - 26 Mar 2004 13:40 - 1544 of 3104

Just got 2.40 buy at Halifax online

little woman - 26 Mar 2004 13:51 - 1545 of 3104

Oddly it was comdirect that quoted - although just tried again (2x) and now its 2.45 to buy and 2.34 sell!

It seems to be constantly changing - need to keep an eye on it!

little woman - 26 Mar 2004 13:53 - 1546 of 3104

I need to stop this! I'm in no hurry to sell, so I'm going to ignore it until the results come out.

Douggie - 26 Mar 2004 14:04 - 1547 of 3104

I've just checked with Saga buy @ 2.45p !! I bought way above this foolishly over my budget when they were stongly forcast to make BIG gains NOW!! so unable to take advantage curent price good luck to those who can, may you see avery big speedy return

little woman - 26 Mar 2004 14:37 - 1548 of 3104

That lasted long - 1,000,000 @ 2.64 & 1,000,000 @ 2.65 !

Douggie - 26 Mar 2004 14:44 - 1549 of 3104

those last 2x1m. buys yours little woman :oO

little woman - 26 Mar 2004 14:48 - 1550 of 3104

I'm afraid not! A total of 53k worth - quite an investment

chartist2004 - 26 Mar 2004 14:50 - 1551 of 3104

Well someone had to turn the buy trades 'blue'!

Douggie - 26 Mar 2004 14:51 - 1552 of 3104

Glad to see them 1st bit blue seen all week ;o)

tburns - 26 Mar 2004 15:23 - 1553 of 3104

One of the buys was mine as I said in previous email.

Pumacat - 26 Mar 2004 18:00 - 1554 of 3104

Well so another week ends with news of a 1.25mil input inot company (albeit staggered over a time period) and still the price is below par. Still at least it did not drift down any further today which is a good thing I suppose.

Hope tburns is right about beginning of April

Jst wondering when I will be opening my bottle of champagne!!

amberjane - 26 Mar 2004 18:00 - 1555 of 3104

Hallo all,

Sorry been out all day, it was too much for me yesterday. Yes as LW said (with a little help) I now hold and bought this morning @2.4. Phew. At 2.00am this morning I e-mailed HB to find out why my preset trade hadn't been filled but have not had a reply today. Hay Ho......NOW they can go UP & UP & UP.......
Good Luck to everyone although my little investment will mean I will have to join someone else's party when they get rich. Invites to.....

Douggie - 26 Mar 2004 18:29 - 1556 of 3104

welcome to the thread amberjane, wish early good fotune, the only pleasure of holding this share over last three months has been the great goodwill, coment and information/opinion from regular posters I'll gladly share a pot of tea to celebrate with you here's to a blue monday your innvestment 'mite' just be the one that changes the trend :-)))o
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