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...

;-\/-;
.
.
-

15/08/04
Sunday paper write up,

The Business


VEHICLE telematics business Cybit Holdings creates systems for satellite navigation, fleet management and mobile workforce tracking. Last year it moved into the black and is slowly expanding into Europe, winning a first contract in Germany. Buying now at 1.52p could reap long-term rewards.

and one more from Independent

Private Investor: Sally White's short-term summer punts are CHACO
RESOURCES, GAMING INSIGHT, AURUM MINING, CYBIT, DESIRE PETROLEUM, RAGUSA
PETROLEUM, GALLAHER, STANDARD CHARTERED, LAND SECURITIES, GUS, BOC -
Company Spotlight

This is weird, loads buying and loads selling. I just do not understand why someone would want to sell while clearly at the bottom. Oh well your loss not ours (holders).

Kivver:

Firmly dug in here. I tend not to watch that much and agree with your comments 100% - Our turn will come, without a shadow of a doubt! - If only I could have been blue with my Minmet holding, I would of sold them and been buying more CYH at these prices.

Good luck to all holders.

NF

Is CyBit an interested party in the ongoing testing by Norwich Union on Volunteer drivers for the Pay as you drive Motor Insurance. Seems like a good idea and if it catches on CyBit products will be in demand.

Rumour has it that it is IBM that's involved

BBC news 24 this morning talked about Norwich Union running a trial with drivers willing to have a 'black box' installed in their car to monitor their driving and charge their insurance according to the miles covered and route taken in a monthly bill. Follow up interviews talked about this being the future for the way we are charged car insurance. Was it not NU that Cybit had linked up with - can't remember myself.

Old release (july/july) from company indicated new product innovation with NU so it's very likely to be conected ?

We're already working with major organisations such as Norwich Union, Lex Vehicle Leasing and brs Truck Rental to provide them with the core telematics technology they need to add incremental value and innovation to their existing applications and solutions," he continued. "With Cybit OpenAPI, businesses can now introduce entirely new products and services based on our raw telematics data feeds."

Yes it was NU

http://moneyam.uk-wire.com/cgi-bin/articles/200408030700145321B.html

Thanks chaps - found this on the BBC website, all looks very promising.

http://news.bbc.co.uk/1/hi/magazine/3574010.stm

Have a look
http://www.iii.co.uk/investment/detail/?type=discussion&code=cotn%3ACYH.L&it=le&id=2586427&action=detail

rampage,

could see the article in question as it prompts for authentication!

skids

"pay as you drive" is nothing to do with cybit,its IBM controlled,
basically as i see it "pay as you drive" is for the average joe public i.e., cars
cybits contract with NU(still to be anounced) is for fleet veichles and small businesses and the potential is to tap into the 700k to 800k businesses that insure with NU.


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 to 800,000 businesses

this took some finding..no comment for a week nowt to say it's true

well I see blue!

This is just bloody annoying now ! I'm sticking this in my 'Come back in 2 years draw' !!!

ouch!!! I hope I live long enough to get out even ...!

disapointing end to a week when someone tried 3x to get price up 1.5 1.52 & 1.5p still no investor confidence it would seem
happy long weekend all maybe next week xfinger ;o\

mourning ... new bottom found?