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...

I completely agree with pumacat and also reached the same point and sold a while back.A share halving in value over a year is hardly my idea of fun!However as Kivver says if your srategy is v long term 2/3 years i agree that they look solid. I still like the company( similar to my feelings about PXC)and if the price got discounted enough I would go back in but i would want a buffer to offset the potentially slow future growth rate.
I think a lesson i am learning is loyalty to a share can be a bad thing as you stop being objective."I'm stayin in no matter what" and similar comments I think make me want to step back a pace.My losses have come primarily from this kind of attitude. I think the ones that nosedive overnight you cant do too much about.Anyway enough of pessimism and wish all in CYH success.

This was published on the Cybit site a few days ago. I remain a holder for the longer term.

cheers,
skids

-----------------------------------
Cybit secures first major European telematics contract as it expands international operations

Fleetstar-Online allows leading print industry supplier to improve fleet
visibility and manage international deliveries across the UK, Germany,
France and Holland

Cybit, the UK's leading online telematics service provider, has announced
its first European telematics contract following an order from Sericol, a
world leader in the production of premium inks and consumables to the print
industry. Sericol has installed Cybit's Fleetstar-Online fleet and asset
management solution into an initial 30 vehicles to help improve the
visibility and management of its deliveries across the UK, Germany, France
and Holland. Sericol selected Fleetstar-Online because of its comprehensive
web-based fleet management tools, and the company will use the Cybit
solution to improve vehicle utilisation, optimise routes and help ensure the
safety of its drivers.

Cybit's scalable Fleetstar-Online telematics solution supports multiple
languages, and features a broad range of advanced functionality including
real-time vehicle tracking, exception reporting, replay mode, customised
reports, mileage information, SMS messaging and live traffic information.
Broadening Cybit's operations into Europe builds on the company's strong
success in the UK, where the company's open platform telematics solutions
have already helped to improve mobile workforce productivity, reduce
operational costs and ensure Duty-of-Care provision for over 500 major
organisations.

"Although we had an existing telematics solution, we wanted to migrate to an
Internet-based telematics approach to help deliver management information
about our fleet across the business," commented Mike Cole, Manager -
Customer Service Centre at Sericol. "Most of our European deliveries use
historical routes, which we believe can be optimised to increase the number
of drops and make fuel savings. Cybit's Fleetstar-Online solution will
provide us with the necessary management tools to make this possible, while
also providing additional benefits such as vehicle replay, mileage
information and customisable reports."

"With Fleetstar-Online we can provide organisations which operate across
Europe, such as Sericol, with exactly the level of telematics functionality
they require, while also providing them with an incremental upgrade
capability so they can introduce additional capability when needed," added
Richard Horsman, Cybit's CEO. "With our scalable business model and an
expanding business base, Cybit is set to become the partner of choice for
forward thinking European organisations such as Sericol that are looking to
use telematics to help unlock hidden value within their business."

Fleetstar-Online is Cybit's scalable Internet based fleet and asset
management solution that features real time vehicle tracking, exception
reporting, replay mode, customised reports, mileage information, SMS
messaging and live traffic information. It provides companies with a
cost-effective ASP-based fleet management solution, which offers users
anytime, anywhere access to the system via a standard web browser. The
latest release of Fleetstar-Online introduces a unique modular approach to
fleet management, providing fleet customers with access to industry leading
technology that was previously available only to major enterprises.

Cybit has quickly established itself as the market leader for Internet-based
telematics-enabled fleet management solutions. With its next generation
telematics platform, Cybit combines key architecture strengths - such as an
OpenAPI and decoupled technology and application layers - to enable
organisations to easily integrate Cybit telematics technology with their own
applications and bring them to market quickly.


About Sericol:
Sericol is a world leader in the production of premium inks and other
consumables for the screen, narrow web label and flatbed digital printing
industries. It has a strong reputation for its technical support services
and customer business programs. Sericol is known for the quality of its
products and services and is a technology leader in UV curing ink systems.
For more information, please visit www.sericol.co.uk

Oh well mournin all, back to red! in spite of now regular good news buletins this share can't find support ;-\

Douggie - it was doing fine until you showed up again :)

:-|

ptholden

Didn't get much help in reply to my post 2375. For a company which is making clear progress, particular in partnerships such as Lex and Norwich Union, has moved into profit and has conservative accounting policies, it is difficult to see why the price has ramped down for nearly a year. Why did it get so over-cooked a year ago? Is there a fear that the change in accounting policies (which delays taking profits on contracts) will hit the figures this year? But this means steadily growing profits in future years as any new business adds onto brought forward rentals. I can understand people losing patience but they appear to have leading-edge technology, operate in a sector which is moving into its main growth phase, have a good customer base including initial European customers, plus sound management. What do you expect from the interims? Seems a reasonable expectation that these should move the p/e expectation up (although last year helped by tax rebate) and thus the price.

Eric, somewhat puzzled, but sensing an opportunity!

Eric,

This one has been on my back burner for a while and I've lost a bit of interest, but I believe the falling SP was more to do with lack of news and progress over the last six months or so. As I am sure you are aware, no news, particularly with small caps usually means a drift in the SP. They were probably oversold at the peak and were, as is often the case the subject of an immense amount of posts on various BBs helping to ramp them up. However, whilst the SP has drifted the management have clearly been beavering away and we are now beginning to see the fruits of their labours in new contract wins. Personally, I think we will see a steady increase in the SP now, but probably no explosion. Unless, of course they can come up with some real mega deals, but that would be the same for any company.

Regards

PTH

Interesting job ads on the website!

Norwich union site update.

http://www.norwichunion.com/ebroking/products/commercial/commercial_motor_fleet

http://www.norwichunion.com/ebroking/products/commercial/commercial_motor_fleet_telematics_benefits.htm

http://www.norwichunion.com/ebroking/products/commercial/commercial_motor_telematics_literature.htm

Mourning all here we go again RED RED RED in freefall ?????????????? !!

:o[[

another buying opportunity

Why all the morons feel the need to sell out this morning at such a low price is beyond me...

Jeez, hold on to them for more than 5 seconds and we might just break 2p!

So !! whats the bad news that trigered todays sells ???????????????????????

;o[[[[

At face value, looks like selling volume outweighed buys by 2,500,000. I bought 100K as an exploratory tranche at 1.575p at 15:27; this, of course, is shown as a 'sell'. So the sells from 14.33 should include 6 buys of 660,000. The 2.5m 'sell' at 16:41 could be a buy (1.552, about midway between adjacent buys and sells). It seems that the actual spread from 14.30 was 1.51 to 1.58, less than 5%. OK, that means the mid-price was lower at the close, but there seems to be a good two-way traffic. I can understand that readers are feeling frustrated at the lack of effective news. I suspect people do not know what the impact is of their conservative approach, which delays the financial impact of new sales. However, once the sales value is known, analysts will be able to project a revenue flow so I would expect there to be an imapct on share price.
It would be helpful if a reader with access to volume and signal history could post it on the bb. What triggered the jump last October? The interims were in late Novemebr last year - is this year's date known? That may be the key date for the price to get moving and will allow time to top up.

Eric

Eric

Eric,

I believe the jump last year was triggered by positive news flow, deals signed with Vanguard and Lex Vehicle Leasing; City Equities also disclosed a holding. My best guess is that CYH will rise on further contracts, but you don't need to be a rocket scientist to work that one out!! Good luck with your latest investment.

Regards

PTH

;-|..........

Not a good start to the day. If only it was WHOG!

RED again ?????????????????????? !!! ;o\

Reading Material: Posted by Quinan on BB competitor.

Managing occupational road risks using 'telematics'
Insurer launches fleet package incorporating in-car technology
In-car wireless technology is set to revolutionise the way occupational road risks are managed, the UK's leading insurer said today.
Norwich Union announced it was launching Britain's only fleet insurance product based on telematics systems. Telematics is a generic term describing wireless technology capable of logging and transmitting vehicle data, including its location, by using a global positioning system (GPS) and computer networks.

Telematics systems are already familiar to most vehicle users in the form of satellite navigation or security tracking devices, however for fleet managers the technology is capable of offering streams of useful data to manage both efficiency and safety.

Data identifying poor driver behaviour or fleet inefficiencies can be gathered, and further analysis can identify risks such as the most dangerous routes or times of day. Telematics systems can also help with post accident investigation.

Norwich Union's 'Fleet Telematics' insurance product - available via intermediaries from October 4 - is designed for fleets that currently have, or are planning to have, telematics devices installed. The idea is to use a combination of telematics data and insurance claims information to help fleets manage their occupational road risks and to potentially reduce premiums.

Unique product
Risk experts from Norwich Union Risk Services will work with fleet managers to analyse telematics records, as well as their claims history, in order to agree a set of 'key performance indicators' (KPIs), which if achieved would result in a premium rebate.

Fixed price insurance cover over two or three years, as well as "best practice guidance" on running a fleet of vehicles including compliance with safety and legal issues, will also form part of the Fleet Telematics package.

Mark Keavney, Norwich Union's commercial motor product manager, said: "As the largest fleet insurer in the UK, we have used our experience and understanding of the fleet market to design this market-leading product."

He explained how the launch followed a year-long pilot study in partnership with Cybit, one of the UK's leading telematics providers, involving several of Norwich Union's current fleet customers.

"The key objective was to better understand how telematics data could be used to improve fleet management and to help us define this unique product."

He added: "What makes this product unique is its combination of vehicle usage data and a fleet's individual claims information. This means that we will be able to offer truly bespoke and relevant risk management advice, specific to the fleet in question to help them manage their occupational road risks."

Dramatic impact
Norwich Union Risk Services fleet risk specialist Bill Pownall, told us: "Telematics systems have already provided many fleet managers with a quick win by helping them control driving time and fuel efficiency.

"But these systems are also extremely useful in identifying high risk drivers, unauthorised behaviour and situations where accidents are more likely to occur. Used effectively, telematics can have a dramatic impact on fleet safety."

Initially, the full benefits of 'Fleet Telematics' will be available to those fleets using Cybit telematics systems. Norwich Union said it would be considering additional fleet telematics providers over time, but added that any future approver supplier technologies would need to meet the "required high standards".

The insurer is keen to utilise emerging vehicle technologies for the benefit of its customers. It is also currently running a two-year pilot with 5,000 of its private car customers using telematics devices to look at when, where and how often they drive, with a view to providing Pay As You DriveTM* insurance premiums.

At today's launch of 'Fleet Telematics' Mark Keavney said: "This is simply the latest development from Norwich Union that uses the application of telematics information, and we expect that in the future we will be able to offer an even more extensive range of telematics-related services to the fleet market."


* Norwich Union Insurance is licensed under European patent application no.s 97904096.1 and 01303501.9 by Progressive Casualty Insurance Company, USA and is proprietor of European Patent (UK) no 0700009

thought everyone had defected from here, why would'nt they ???

still holding and hopeing.....


with so much good info. comming from Cybit why is the price here again,looked good for 2p last week