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...
ckmtang
- 21 Nov 2003 07:43
- 220 of 3104
good to hear that. they finaly announce it.
Talkpanerai
- 21 Nov 2003 08:27
- 221 of 3104
Finallyy !
martincoops
- 21 Nov 2003 08:41
- 222 of 3104
Back in profit. Lets hope this keeps rolling on till Tuesday and even further north after then. :)
Good luck all
Talkpanerai
- 21 Nov 2003 08:46
- 223 of 3104
how much do we expect in another couple of weeks, 6p .....?????
martincoops
- 21 Nov 2003 08:49
- 224 of 3104
Must depend on the results themselves.
Have no idea myself but would appreciate all thoughts.
atf130
- 21 Nov 2003 09:51
- 225 of 3104
Results notification finally! Price should be moving heavy today and monday. Come day of reporting, by the sounds of things reporting should be good. They should also be announcing new deals. This thing should hit 5-6p next next week, we hope!
ajren
- 21 Nov 2003 11:03
- 226 of 3104
I think they were waiting to put a Positive Package together - like Wiggins
dalrymp
- 21 Nov 2003 11:29
- 227 of 3104
ajren
Agreed! How high this goes now depends on what is announced along with results. If my information is correct there will be at least two new contracts announced within the next week.
dalrymp
- 21 Nov 2003 11:40
- 228 of 3104
2,000,000 BUY...............This is gonna fly!!!!!!!!!!!!!!!!!!!!!!!
ajren
- 21 Nov 2003 11:41
- 229 of 3104
Hi dalrymp.Please read my post on Traders room V Investors room.I mention
Cybit.I totally agree with your post and am NOT being critical.However,most
peoples posts have been - at a guess the last 4 weeks-about what Might happen.
I would like to see many more posts of e.g what is the latest news.
w
dalrymp
- 21 Nov 2003 15:59
- 230 of 3104
ajren
The way I see it, this BB is for discussion and not just news. The thing is, when you find a good share and more importantly a good sector, you want others to share in your good fortune. It's not just ramping and as I've said before this is a very quiet bb so ramping a share wouldn't really do you much good anyway.
I suppose more investigating could be done and I have recently read some encouraging reports on telematics and fleet management on other BBs which I would have posted here but I am ashamed to say that I am unable to cut and paste. However, I intend to rectify that and when I do, I will post more news.
Anyway, good luck to all,, not that we'll need much of it as telematics really is the future! Still stand by 6 - 10p within a few weeks!!!!!!
neilpos
- 21 Nov 2003 17:37
- 231 of 3104
Recent history is for a share such as this to move up prior to results and then disappoint on results day. Lets hope this one bucks the trend, but there seems to be a lot of ituitive guess work going on and not a lot of firm facts. Having been caught a couple of times in the past I think that I will wait before buying back in (been in & out before) but best of luck to the rest of you!!!
ajren
- 21 Nov 2003 17:37
- 232 of 3104
dalrymp
I agree with a lot of your post.However,the latest news is often the most
important e.g.directors purchases/sales,loan facilities just granted can
make the difference of surviving or not.Discussion is pointless based on
past information.I bought Corus @ 8p because I felt - on the latest news-
they would get the loan: I was right and they went up to 32 within 6 weeks.
I had sold at 14.Had I based a decision on past info I would not have bought.
Cybit is a typical example.EVERYTHING in the past is irrelevant : all that
matters are the results aspects relating to the FUTURE.
blakester
- 21 Nov 2003 17:45
- 233 of 3104
How much stock do you own ajren?
ajren
- 21 Nov 2003 17:52
- 234 of 3104
Hi blakester.I am not been awkward but I prefer not to disclose this.
Perhaps you will tell me if you agree/disagree with my post or parts of it
blakester
- 21 Nov 2003 18:02
- 235 of 3104
No worries ajren, I wasn't trying to hassle you mate I just wondered how involved you were. I agree with you in most repects but I do think discussion has its place as all planning is based upon past experience, is it not?
ajren
- 21 Nov 2003 18:14
- 236 of 3104
I agree.However,I feel most of it should be on the latest news i.e.often the
day it appears.No problem about your questions.Please you/anyone ask me anything
I will always reply to the post and tell you my position
blakester
- 21 Nov 2003 18:17
- 237 of 3104
Cool - have a good weekend.
Still Waiting
- 21 Nov 2003 20:35
- 238 of 3104
Well having read through all the posts it appears everyone is still bullish, I've researched the telematics sector for what feels like a lifetime now (lost a fortune on Skynet over on Ofex moons ago).
This has to be the closest you can get to a sure thing, istituitions oversubscribing the placing at 3p, the ex-broker taking up their options at 3.5p when the share was barely in the money together with rumours of The Met. Police and Rentokil. Lex Deal signing up the M.O.D and Norwich Union trialling Pay as you Drive. Council contracts and car sharing.
The list is endless, those probably don't even scratch the surface.
What market value do you place on one of these deals???
What market value would you place on CYH if they all come off???
Hold those certs. close to your chest and don't let go...
Thats my advice...
Once a market cap. of 50m is breached more instituitions will be buying, and on it goes...
Have a good w/e.
SW
dalrymp
- 21 Nov 2003 20:36
- 239 of 3104
My holding is 320,000 @3.50p. I got in late compared to most people and I'm kicking myself for not reacting quickley enough to a tip for this share from a friend of mine. Still I am in this for the next 6 months at least! I have actually been told to hold these for 2 years but I know I will be tempted to sell some in March/April when the price should be significantly higher.
I'm glad today's rise was steady. Obviously a lot of T10s came in today so I guess the next couple of weeks could become a bit of a rollercoaster but I honestly think a lot of good news will be announced along with results so I'm hoping that this won't be one of those shares that move sharply up prior to results only to fall when T traders move out. If new contracts are announced soon and I'm pretty sure they will be, then we'll see big long term investors coming in. Telematics IS the future.