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...
BANKONE
- 02 Aug 2004 12:37
- 2227 of 3104
CybIT Holdings PLC
02 August 2004
SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Name of company
Cybit Holdings plc
2. Name of shareholder having a major interest
Artemis Investment Management Limited
3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18
Artemis New Enterprises Fund 12,500,000
Artemis UK Growth Fund 96,250,000
Total 108,750,000
4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
Not known
5. Number of shares / amount of stock acquired
Not known
6. Percentage of issued class
Not known
7. Number of shares / amount of stock disposed
Not known
8. Percentage of issued class
Not known
9. Class of security
Ordinary shares
10. Date of transaction
Not known
11. Date company informed
30 July 2004
12. Total holding following this notification
108,750,000
13. Total percentage holding of issued class following this notification
10.98%
14. Any additional information
-
15. Name of contact and telephone number for queries
Kevin Lawrence - 01480 389100
16. Name and signature of authorised company official responsible for making
this notification
Kevin Lawrence
Date of notification
2 August 2004
The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.
predator22
- 02 Aug 2004 12:45
- 2228 of 3104
an increase of 4.5 million.
Kivver
- 02 Aug 2004 14:23
- 2229 of 3104
Thank God for that, if they have faith, us non-sellers (brave souls) should be rewarded one day.
Golfclub12
- 02 Aug 2004 14:28
- 2230 of 3104
heading south at the mo !!! despite good buying today...
Kivver
- 02 Aug 2004 14:38
- 2231 of 3104
Not on my screen its not, you're not doing a handstand are you golfclub?? 14.42pm
Golfclub12
- 02 Aug 2004 14:42
- 2232 of 3104
Sorry, it is lower than what it has been today :))
I know what i mean!!!:)
Douggie
- 02 Aug 2004 14:55
- 2233 of 3104
yup G12 don't matter what happens can't hold gains here!!!!!!!!! ;O\
Kivver
- 02 Aug 2004 16:51
- 2234 of 3104
I think the interims are the next target, looked what happened last year, can lightening strike twice. If it does will you hold this time?
predator22
- 02 Aug 2004 17:33
- 2235 of 3104
"Based on the success achieved through the initial phase of reseller
recruitment, the company will be expanding its activities during 2004 with the
objective of substantially increasing the number of resellers representing the
product portfolio.
The company also said it has a number of new partnerships that are close to
being concluded and will be announcing these in the coming months. The group
also said the percentage of revenues achieved from third party sources is on an
upward trend and looks set to continue in this direction"
The first paragraph we already know as they have appeared on Cybits website,
The second paragraph is still to come,and maybe they have a present for us at tommorows AGM?.
:o)
Douggie
- 02 Aug 2004 18:44
- 2236 of 3104
On 'histerical' evidence don't count your chickens etc. here, as today once again shows!!!!!!!!
Legins
- 03 Aug 2004 00:58
- 2237 of 3104
Are we begining to see a recovery of the share price?
The value of many similar software/technology companies like TAD, CWV, CHR, CRX and many other AIM listed shares, most have fallen in excess of 50 - 70% since Jan04 and so has the index also fallen. Shorely it must be now due for the Bears to hibernate and that MM's will begin to recognise the value of retail & institutional investment into these companies and the market acceptances of their products and services or will we have to wait for improved interim or final results to stop the share prices from falling any further.
skids
- 03 Aug 2004 07:36
- 2238 of 3104
Looks as though they have a major agreement with NU, an existing customer anyway, but perhaps this agreement is much bigger than anything we have seen before. I'm sure they will release some news giving much more detail soon.
--------------------
CybIT Holdings PLC
03 August 2004
Cybit Holdings Plc
('Cybit' or the 'Company')
AGM Statement
At today's AGM of Cybit Holdings Plc Neil Johnson, Chairman, will make the
following statement:
'I am pleased to report that our forward order book remains strong and current
trading is in line with expectations. This performance comes despite continued
difficult trading conditions in our commercial markets and we look forward to
the future with confidence.
I am pleased to report that Norwich Union Insurance Limited ('NUI') has
confirmed its intent to establish a three year strategic partnership agreement
with Cybit to develop and implement focused fleet telematics solutions. These
solutions will utilise data from Cybit's telematics devices to better manage
fleet risk. Working through NUI's intermediaries, the agreement will provide
Cybit with access to NUI's commercial motor base. More details on this agreement
will be released in due course.
I announced in the Annual Report that Juliet Hoskins, who has been a major
contributor to the board since the Company's flotation in March 2001, wished to
step down from the board at this AGM. I would like to take this opportunity to
publicly record our thanks for all her hard work and wish her well in the
future.
Finally, I should like once again to thank Richard Horsman our Chief Executive,
all of the Cybit personnel and my colleagues on the Plc board for all their hard
work in continuing the success of your Company in the current year.
predator22
- 03 Aug 2004 07:44
- 2240 of 3104
About Norwich Union
Norwich Union is the UK's largest insurer. In general insurance it is more than 1.5 times the size of its nearest competitor, and has a 19 per cent share of the market.
It has a focus on insurance for individuals and small businesses. It insures:
one in five households
one in five motor vehicles
more than 700,000 businesses
"the agreement will provide
Cybit with access to NUI's commercial motor base".
ONLY small fry then access to 700,000 businesses ?
:o)
Douggie
- 03 Aug 2004 08:17
- 2241 of 3104
mornin mm's teasin again good news 2+mln buy = + .01p !!!!!!!!!! ;o\
skids
- 03 Aug 2004 09:18
- 2242 of 3104
Late Trades won't show yet, so they (MM) may be filling orders hence only small increase! Should have a better picture by mid afternoon I think.
skids
Kivver
- 03 Aug 2004 09:28
- 2243 of 3104
This is ridiculous, this many buys and the price doesnt move, what is the point of being in this game?? How can you play against this? I give up, sell coming up.
Douggie
- 03 Aug 2004 16:34
- 2244 of 3104
???????????????????????????????????????????????????????????? ;o\ ???????????????? :o(((((((((
predator22
- 03 Aug 2004 17:39
- 2245 of 3104
kivver the buy and sell columns are a waste of time.
the only way to know what is a buy or sell is to have level 2 or do dumby buys and sells all day.
ironnick
- 03 Aug 2004 19:33
- 2246 of 3104
I attended the AGM together with fourteen others. I will give my assessment tomorrow as I've only just got back indoors, after a particularly painful journey home via London Bridge and am due elsewhere very soon. Billam had their rep there and two to three of the others were from the press. Of those present, no one identified himself to me as a poster. RH was particularly good and reassuring, as was NJ. Based on what I heard, I will remain a holder for some time. Update tomorrow. Hanglider, thanks for the beer.
IN