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...

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.

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.

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)

mornin mm's teasin again good news 2+mln buy = + .01p !!!!!!!!!! ;o\

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

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.

???????????????????????????????????????????????????????????? ;o\ ???????????????? :o(((((((((

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.

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

This company is steady as she goes, picking up good orders -the revenue flows and growing profits will follow. Still too small for the market to notice but in acouple of years when the bank balances build up and maybe some dividends!! we will be happy holders! I've just looked at the DATA results--tiny company small turnover and still lossmaking--WHY is the share price 98p?? In my humble opinion CYH is treated very harshly.

mournin all well now isn't that upliftin back down 0.5p = 3.1% ;-\

Someone drop the anchor pls, the tide is rising.... lol

Ah well musn't grumble raised to 1.55p from a day low of 1.52p ! and that on only 3mln 'reported' buys all had what 'appears to have a good margin over reported mid' yes I know nowt is what it seems around here!!!!!!!!!!!!!!

maybe tomorow yawn bye bye

Ironnick,
where`s yer post of AGM details. looking forward to reading
bestest.

Ooooooooooo look it's red!

Keep yer eyes on the screen Douggie !

Why??? we've been doing that for the last year on lots of promise!!

Sorry, I along with the others who were there, posted our thoughts on the ADVFN board. http://www.advfn.com/cmn/fbb/thread.php3?id=2594169
If you have any problems, please ask and I'll paste it across. Hanglider, sdavis, Anval and Manveru were also there.

And they've all posted their thoughts as well.

Please do, you need a password to go onto this site.