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...

Incidentally, just to continue the TA theme, the MACD is also very positive. There are three Bullish indicators, all present in the current chart, (well just about!):

Positive divergence, a very Bullish signal.
Bullish Moving Average Crossover, the most common indicator, but supports the Positive Divergence.
Bullish Centreline Crossover, also supporting the Positive Divergence and the Bullish theme.

Admittedly, the current CYH MACD Histogram is not an absolute classic case, but I think you can argue the case.

regards

PTH

if you take a sneaky look there is something happening !!!Dont look to hard as it might go pear shaped again :)))

G12

;o|..............shhhh

Morning all

Good news indeed and not before time either:)

"I am also delighted to announce the significant upgrade of our FSOL solution
which improves the flexibility of our offering to clients on all levels. Our
proposition will now become attractive to a broader base of customers and
partners who will be able to benefit from the introduction of this enhanced
solution within their business. We are very excited about the new business
opportunities this creates."

Reading between the lines above, what delights await us in time to come. The improvements should make this much more attractive to a broader audience, more news to come short term? - maybe! - Don't you love it when the Chief Executive gets 'Delighted' & 'Excited' at the same time.

Good luck

NF

I am very pleased with the news and I hope the addition of anohter approximately 400 units to cybits fleet will go a long way towards getting the share price to rally a little bit and stay there. It will be interesting to see what the weekedn papers come up with as I beleive a couple did tip the shares within the past 6 weeks - follow up comment should be very positive.

On a cautious note however it would appear that people are still mopre then happy to get rid of shares in the compnay as demand for them seemes to weaken throughout the day.

Basically I am keeping everything crossed - a nice fat whitehall contract would be very pleasing to city and investors

Regards G12


650000 better than nothing!



Cybit Holdings PLC ("Cybit") is pleased to announce a series of new contracts and contract expansions for its Fleetstar Online (FSOL) management solution, worth an additional 650,000 in revenues over the lifetime of the deals.

Cybit has received further orders from Alfred McAlpine Business Services to expand the installation of its Fleetstar-Online solution. A total of 250 new FSOL units will be installed across Alfred McAlpine's vehicle fleet in the coming months, bringing the total number of units installed to over 650.
Cybit has also signed a contract with a major infrastructure and support company for the rail and telecommunications industries, to supply Cybits FSOL solution to an initial 109 units across their fleet.

Central Telecom, the integrated communications specialist, has placed an order for 60 FSOL units which will be installed in its fleet of vehicles operating nationwide.

Cybit has also secured an agreement with Ashfield Homes Limited (Ashfield), a not-for-profit housing company, under which Cybit will install 46 FSOL units into Ashfields service vehicle fleet.
In addition to the new contracts above, Cybit is pleased to announce the launch of a major upgrade to its FSOL solution, such that it will become the industrys first fully modular internet based telematics solution with support for multiple communications technology.

This next generation solution is fully scalable in terms of functionality and number of users, making it appropriate to a broader customer and partner base with their associated diverse requirements. Existing and new customers will be able to take advantage of the significantly improved product flexibility and functionality, both in terms of scope and product capability.

Richard Horsman, Chief Executive of Cybit Holdings PLC, said:

These contract announcements endorse the strength of our cutting edge products and particularly our comprehensive FSOL solution, enabling our customers to significantly improve the management of their fleets, realising real returns on their initial investment. McAlpines significant contract expansion confirms the high levels of customer satisfaction resulting from our industry leading service delivery.

I am also delighted to announce the significant upgrade of our FSOL solution which improves the flexibility of our offering to clients on all levels. Our proposition will now become attractive to a broader base of customers and partners who will be able to benefit from the introduction of this enhanced solution within their business. We are very excited about the new business opportunities this creates.


About Cybit
Cybit is a leading Internet-based Telematics Service Provider (TSP) and supplier of fleet and asset management solutions to the business-to-business sector. Cybit's solutions portfolio includes vehicle tracking and management, lone worker support and car pool management. Hundreds of companies across a wide range of industries already use Cybit's online solutions to improve the management and control of their fixed and mobile assets.

Additional information is available at www.cybit.co.uk


For more information, please contact:

Bell Pottinger Corporate & Financial
David Rydell / Charlotte Kirkham
Tel: 020 7861 3232

Looks like it's the start of positive P.R, long overdue IMHO.

Positive trading so far today :o) x/finger

Keep going, keep going, keep going......repeat 1 000 000 times!!! :-}

we've had sharp rises before, just to fall back again. a nice steady rise this time please.

I agree with Kivvere. Lets just see where the support level finishes up.

mornin :o)

I like what I see :)

WHY ???????? from 15:00hrs .05p gone was looking foreward to 1.82p + .03????????

:-[[[[[[[[[

mourning

is that you are in mourning or morning :))

mourning!

Just gathered why, although trades are a little thin on the ground to say the least we can take a little heart from the recent trend upwards. Somebody must have some confidence in this company...

G12

G12 - I do, even though it's very frustrating at times;) - The MM's leave you feeling a bit like the preverbial rag doll at times. I have little doubt it will do the right thing though, all it's going to cost is some time. I have several investments playing their little games but my patience will prevail.

good luck all

NF