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...
Douggie
- 22 Jun 2004 10:17
- 1926 of 3104
when trades = lots buys someone has to dump 1.000.000 ! :O[[[
biffa18
- 22 Jun 2004 11:07
- 1927 of 3104
whats the current real buy/sell price anyone not indictive one
biffa18
- 22 Jun 2004 11:27
- 1928 of 3104
Douggie
You might be able to have a smile tomorrow ,i think most are now in postion 4 the big day lets hope the forward prospects growth etc are good and theres no bannana skins from the company to slip up on
predator22
- 22 Jun 2004 11:29
- 1929 of 3104
2.11/2.15
Kivver
- 22 Jun 2004 16:13
- 1930 of 3104
Its sink or swim time.
Douggie
- 23 Jun 2004 00:35
- 1931 of 3104
sink !!! :o{{
Golfclub12
- 23 Jun 2004 07:00
- 1932 of 3104
The time has come.......will it be :))))) or :((((((((
What ever the out come lets be greatful that we are here for another day.
Golfclub12
- 23 Jun 2004 07:10
- 1933 of 3104
The results are on the board.....
Pumacat
- 23 Jun 2004 07:20
- 1934 of 3104
Well the results to me seem to be excellent with a move inot substnatial profitability.
Alos new contract in germany and an indication that more european contracts are on the way. Basically the message seems to be the last 3 years was getting the compnay ready and now we are in a position to exploit it. There was also reference to future contracts that have been won and will be being announced shortly.
All we can do is wait and see what happend to the share price
fingers crossed!!!
GEOFFREY.R
- 23 Jun 2004 07:57
- 1935 of 3104
Looking good up 11.9% already
Pumacat
- 23 Jun 2004 08:02
- 1936 of 3104
only if the uptrend is maintained and for that I think the new deals hinted at need to be announced fairly quickly, perhaps within the next 4- 6 weeks. It will also depend on what commentries are passed by the press in relation to the share - i reckon its again a case of wait and see!
Overman
- 23 Jun 2004 08:02
- 1937 of 3104
These without doubt are excellent results. For all the long-term holders these are very pleasing results indeed. The company has made giant strides in the last year and have moved in to full-year profits of 300K. I don't believe there are many telematics companies in the market at present which has shown profitability, given the market is still in the 'pre-growth' stage of its life. I anticipate cybit will continue to make massive sustainable growth and profitability as the telematics market develops and grows in the coming years.
Points to note:
1. Full year maiden profit of 300K with turn-over increased by 60%
2. New resellers in the pipeline and will be announced in the next few months
3. First contracts signed in Germany and Holland
4. Growth in consulting revenues
5. Improvements and upgrades in the present technologies
6. Strong order book the year
6. Strong balance sheet with 5 mill raised in Nov 2003 for organic growth and
acquisitional opportunities as and when they arise.
All in all this company has 'Winner' written all over it for long-term investors.
GEOFFREY.R
- 23 Jun 2004 08:06
- 1938 of 3104
I agree Overman a good long term investment
nematode
- 23 Jun 2004 08:26
- 1939 of 3104
yes,lonterm investment.
Overman
- 23 Jun 2004 08:44
- 1940 of 3104
The results today have given a clearer picture of the company's progress and what there is to come. I think the depressed share price in the last 6 months or so and the current unstable climate has shafted the share price for the time being. This said, I believe that this company has great potential and I wouldn't be surprise to see a change in the trend in the short-term as more and more information is disclosed, as I believe something major is going on behind the scene.
I am totally committed in this company and even though the share price have been some what disappointing in the last half year, I still believe the success story in this company. I am holding this one out and will continue to top up as and when funds are available. The results today have only strengthen my belief that this company has a very bright future ahead.....only time will tell.
Sometimes investment decisions are made out of gut feelings or a hunch that this time we're on something really special. Cybit is one of those for me...I still believe strongly that my investment in Cybit will make me a life changing return in the future.
good luck to all long-term holders
Douggie
- 23 Jun 2004 09:08
- 1941 of 3104
HI Bro I am so very sorry that I recomended this share to you.
Flinny
- 23 Jun 2004 10:14
- 1942 of 3104
Bugger, good results = drop in share price. I'm sure one day they will be worth something but I've got to pay my builders ! Good luck everyone but I'm out !!
Golfclub12
- 23 Jun 2004 10:16
- 1943 of 3104
staying in, but B O L L o x
MillionDollarMan
- 23 Jun 2004 10:23
- 1944 of 3104
Flinny: I'm sure the MM's will enjoy your money!
THEY AREN'T HAVING MINE!
rampage
- 23 Jun 2004 10:29
- 1945 of 3104
Nor mine !!