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...

Yawn... we have see this all before... They don't want to make US money, they want to make THEM money and by keeping the price down (falsly) we all go, "oooo I better get out... its going down...ooo I will have no money by tomorrow!" and don't forget the, "I told you so!".

Instead, stay calm. Understand that the company is going places regardless of whether the screen is red or blue.

I could understand people being worried if the results were a loss of 60% profits and a decrease in customers of 25% but it ISN'T!

As always, I decide when I get out. Not the MM's!

milliondollarman,
I totally agree with your sentiments. CYH will be on a much higher level in 12 months time

I remember very confident forcasts 9mths ago that these would be at 10p 6 mths ago, here we are at 2p with a co. much stroger than it was then !!!!!!!!!!!!!

Hi chrissie and others who were around then where are you now ??

Folks found this item of news this morning on cybit site. Although Dated 15/6 i have not seen it before.

G12

EMCOR Drake and Skull invite Cybit to join them on their stand at The Chartered Institute of Housing Exhibition- 15-18th June 2004

"EMCOR use the Cybit Fleetstar-Online solution in their successful drive to
reduce costs and improve the quality of the service they provide, commented
Steve Daynes, EMCOR's Social Housing Manager. We have invited Cybit to be present on the stand to show that we offer our customers a total 'solution'
and that Cybit's Fleetstar-Online product forms a major part in our fleet
management processes and procedures."

For more information on the exhibition visit:

www.cih-housing.co.uk or come and meet us on Stand 109




About Cybit
Cybit is a leading Internet-based Telematics Service Provider (TSP) and supplier of fleet and asset management solutions to the business-to-business sector. Cybit's solutions portfolio includes vehicle tracking and management, lone worker support and car pool management. Hundreds of companies across a wide range of industries already use Cybit's online solutions to improve the management and control of their fixed and mobile assets.

Additional information is available at www.cybit.co.uk

Looking at the figures I think perhaps one of the problems is that the 10,000 vehicles that cybit support is an infitisimal amount compared to the total number of vehicles on the road.

If they could announce a deal or a clutch of deals with big fleets that would substantially increase this number then I think the brakes would come off the share. I am also looking anxiously at any comments on the compnay in the press following these results. Also for those who have difficulty seeing light at the end of the tunnel (and I am one of them having a paper loss of 10k) remember that atremis fund still has 10% of this compnay and that fund has a good track record.

I think provided the deals hinted at materilise then cybit will recover. What would be excellent is if we now saw directors making substantial purchases indicating their confidence in the product and the company

Got it one puma, as i've said before, bigger contracts are needed.

I was around 9 mths ago, and I too remember the predictions!!! But at the end of the day, I am in for the long term. Cybit are performing (albeit not in share price terms), and I agree with some others on this forum that contracts are due and will help push up the price.

skids
Marques-Bros Racing

Looks as though CYH will be lower (at least in the short term) - has dipped below 2p to buy and sell (ComDirect). Not a good sign if it remains at that level come close of day.

skids

'nother neg. day will it ever end

Does anyone have any idea who made the 25 million purchase before the results were out?

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Kivver throw out the lifebelts we are
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glug glug gluuuuuuuuuuuuuuuuuuuuuuuuuuggggggggggggggg..................

Very depressing all of this I just say

One thing that I have a query over - in the results they announced a translation into german for fleetstar online and the signing of a new german customer.

I have looked on the news boards and it would appear the contract has not been mentioned on the news services - is this correct or am I looking in the wrong place?

Puma, i've got my air tanks on and am not going to panic. It the sheep syndrome at the moment 'all follow the crowd'. This is a company making profits and will come good...................................eventually.

with a bit of luck the 1m at 0914 was a buy ,if not who ever sold is a MUPPET

G12

apears to be a whole herd of bigish holders leaving

RNS just gone through a director buy by sir wheeler

woo hooo! look at those babies crash ! Will the floor be 0.5p ?

Mr wheeler must have faith in the company..