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 would have been better if it was 2,500,000 shares but still, the good times will come and news will be bounded about.

I have seen this before (i.e. the pattern) and most of the time I buckle and fall into the traps. Not this time!

Keep going!

I completely agree with the sentiments about the director purchase being meaningless. That shows no confidence in the compny product whatsoever. Just rememeber though someone has purchased 25mil at the beginning of the weeks so there might be news about compnay holdings soon. Alos the agm will be here soon and that will be a chance to query current issues with the company executive.

a good post over from another BB

does this director buy mean that there will be no RNS regarding forthcoming contracts for a few weeks?

No quite the reverse. The buy was a token buy to show private not institutionsal shareholders that the directors have full confidence in the company and there is nothing untoward on the horizon.

The buy had to be small enough so there was no discernable material gain in the invent of price sensitive news being released shortly. That is why he could only purchase 125k. Had he purchased 1.2 million the share price would have been in serious trouble for that would have been the green light to signal there is no good news on the horizon.

When the company referred to reduced profits next year due to changes in the accounting method it was referring to the existing contracts.

They stated Sir John Wheeler was no stranger to Whitehall why??

In my humble opinion the contracts to be announced over the coming will include government contracts that will change the company for ever.

SIT TIGHT AND DO NOT BE BULLIED OUT.

In spite of my dismay at current share price I can't doubt the co's credentials which Ibelieved in 9mts. ago when I bought, which are so much better now, that in spite of pain at share price trend I do believe there is reason to expect growth, so everything crossed I will just have to enjoy a good moan while I wait, poor demented soul!! ;O{{ }}O: go on then smile :o}

I agree with you Douggie. Cybit are interested in both UK and International growth for the company.

Just out of curiosity I looked at tfc chart the other day. Seems to be a very similar story tfc was not fashionalbe in the city for a long time and then it just took off. Same sector as well.

I agree with predator - need some big contract wins and whitehall could provide them. It appears to me that the compnay is set up to expand without increasing its workforce as this already seems to be in place. If that if the case profits would increase without any corresponding increase in overheads

However like many on the board OI think I am going to just come back in 6 - 9 months time. Unitl then I am looking at other pastures

AMS looks worth a punt as does dfd. Good luck to everyone and I am sure you will all be here when I get back.

Live long and prosper o:)

Where's Chrissie ?? She's gone very quiet. I am hanging on too!

im hanging on and stocking up too.(a bargain at the mo) ............comes to those that wait. Have look at mph, a director bought a massive amount recently.

Just checked, 3 and 3/4 of a million at 17p.

Will the last person to leave this thread please turn out the lights.

lol

There is nowt left to be said is there.......click oooeerrr wear's t' dooar

That sounds a little like a Yorkshire Tyke Douggie.

i'll get me coat, but will be back to say 'i told you so'..........one day. 'click'

Sir John Wheeler no stranger to Whitehall:-
See if any of the following bits & pieces helps!

Report on airport security by Sir John Wheeler
http://www.homeoffice.gov.uk/docs/airport_security.pdf
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Jill Dando Institute

The brainchild of Nick Ross the Institute was funded through a campaign chaired by Jill Dando's fiance lan Farthing along with Sir John Stevens (London's police commissioner), Sir John Wheeler (former Home Office minister and now chairman of the National Crime Squad and the National Criminal Intelligence Service), and Mark Wood (now head of Sun Life insurance).
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Sir John Wheeler served as an MP from 1979 to 1997. Since 1997 he has been Chairman of the Service Authorities for National Crime Intelligence Service and the National Crime Squad. From 1979 to 1992 he was a Member and then Chairman of the Home Affairs Select Committee and was responsible for the 1991 report on the Tote.

Many answers in Hansard etc.


Definitely no stranger to Whitehall

Fly by Night

Red

hey up optomistic tha'r reight tha noase Barnsley defected to Selby

Init grand to see a bit o' blue

Wonder how long these bargain prices will last for....stream of buys.

Guess its a slow climb until news....

Hi Douggie, nearly neighbours. Fly gliders at Burn on Thursdays, have a run over and introduce yourself. They only know me as John though :-)

Hi optomoistic have had a gift of two flights paid for for 7/8 years never got round to taking up tho they overfly my home most thur/Sun. always remember at wrong time, is always goin to be family day !!!!!!!...
look forward to meet you soon

in the meantime why has'nt the price gone up like a glider with todays positive trades?