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Cybit the best telematics play (CYH)     

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...

skids - 14 Oct 2004 09:32 - 2394 of 3104

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

Douggie - 14 Oct 2004 09:32 - 2395 of 3104

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

ptholden - 14 Oct 2004 22:52 - 2396 of 3104

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

Douggie - 14 Oct 2004 22:57 - 2397 of 3104

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

skids - 15 Oct 2004 14:23 - 2398 of 3104

I'm still in on this one as well Douggie. The list of resellers on th Cybit site is increasing.... I think the potential in Europe is quite exciting for CYH too. Afterall they only have about 58 employee's and are starting to recruit more already. I still believe this minnow could be worth much more than its current MCAP.

skids

willfagg - 15 Oct 2004 15:28 - 2399 of 3104

I have bought CYH four times and every time the trade has shown as a sell. Whilst this does not effect the underlying poor state of the share price it is just a little confusing when trying to assess trading levels

skids - 15 Oct 2004 16:09 - 2400 of 3104

I agree willfagg. I mostly ignore the sell/buy indicator now as it is pretty useless as an indicator. Its going to take time for little CYH I think, but its a good sound company with very good prospects. Not one to watch day-by-day I feel.

skids

Kivver - 15 Oct 2004 16:14 - 2401 of 3104

Still here too, just waiting for that day to come (and it will) when shows significant improvement.

willfagg - 18 Oct 2004 10:16 - 2402 of 3104

CYH continue their descent into oblivion...can not work this one out!good company , management, results on the up?.share price just keeps falling. Can only assume investors when making a choice go for Trafficmaster and dont have both in their portfolio?

Douggie - 18 Oct 2004 10:25 - 2403 of 3104

:-[[[...........??????????????

skids - 18 Oct 2004 10:49 - 2404 of 3104

willfagg,

I think CYH is not liquid enough at the moment, hence the regular movement and relatively big spread. Added to that its a very small company and doesn't really do itself any favours on the news front. But all it would take is a few large orders to push it north again. At the moment its impossible to say if CYH will remain in profit by next results or not (I'm very sure they will) as we don't get much news. The key for me is that they are moving in the right direction, i.e. the 3 yr deal with NU and a break into Europe in a relatively un-risky way (i.e. re-sellers). I think they will be ok, but expect to wait until the new year.

skids

willfagg - 18 Oct 2004 10:56 - 2405 of 3104

Thanks for comments Skids, thought they look cheap at this price and was expecting a small bounce on that basis whilst waiting for news.

Douggie - 18 Oct 2004 12:33 - 2406 of 3104

A read of the webb site should convince anyone that this company is on a very positive up, why the share price continues this downward trend....?????? a few weeks ago I thought it very reasonable to expect 2p by now.

skids - 18 Oct 2004 12:52 - 2407 of 3104

I completely agree Dougie, and I can only think that people are bored at waiting and are putting their money elsewhere. Because of CYH liquid problem it has affected the price badly, but things do look very positive IMO and I'm holding until the new year.

skids

Douggie - 19 Oct 2004 09:53 - 2408 of 3104

Oh dear mourning all (as if you hadn't noticed) RED!!!!!!!!! again :-[[[

skids - 19 Oct 2004 16:28 - 2409 of 3104

I get the feeling someone is fillin'their boots here....

Douggie - 20 Oct 2004 17:29 - 2410 of 3104

someone did today at 16:41 with a 1.500.000 T trade buy !!!!!!!!!!!!

after another day red to close

Golfclub12 - 21 Oct 2004 07:14 - 2411 of 3104

Good morning all

I wonder what kind of day we are going to have?will be a :-) or another :-(
One can only wait and see as this wonderful share keeps us plodding along with a large juicy carrot dangling in front of our noses!!!

Have a good one
G12

Douggie - 21 Oct 2004 08:31 - 2412 of 3104

;o\

ptholden - 24 Oct 2004 21:18 - 2413 of 3104

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