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...

;-\..it's not going to be allowed to go is it! marked down on nil trades!!!!!!!!!
:o[[[

We need cybit to do an ITH,have a look, is this a similar business.

New Contract.

Skids

--------

CybIT Holdings PLC
11 November 2004


CYBIT HOLDINGS PLC ('CYBIT')

CYBIT TO SIGN 3-YEAR CONTRACT WITH SAINSBURY'S TO YOU

Cybit Holdings PLC is pleased to announce that the company is in the process of
finalising a three year agreement with Sainsbury's Supermarkets Limited
('Sainsbury's'). This announcement follows an extensive three-month, competitive
evaluation period during which Cybit demonstrated the ability to deliver
substantial business benefit to the operation utilising a proven technology
platform supported by Cybit value added services.

Under the proposed contract, Cybit will provide Sainsbury's home delivery fleet,
operating under the 'Sainsbury's to You' brand, with Fleetstar Online ('FSOL')
telematics and Smartnav technologies to deliver a vehicle tracking and satellite
navigation solution.

Cybit has commenced an extensive implementation and training project that spans
both head office and a significant number of Sainsbury's stores. This project
will run in conjunction with installation of the technology into 400 plus
vehicles. The key driver of the project is to deliver significant long-term
operational efficiencies that will enhance the customer experience to existing
and new users of the home delivery service.

Under the terms of the proposed agreement, Sainsbury's and Cybit will
collaborate to further evolve existing technologies in order to create 'leading
edge' solutions that will underpin the 'Sainsbury's to You' strategic
development plan.

Richard Horsman, Chief Executive, Cybit, said:

'The signing of this agreement with Sainsbury's is another major achievement for
Cybit as the company continues to expand both it's product portfolio and service
delivery capabilities. This agreement follows the announcement of a strategic
three-year contract with Norwich Union in September and firmly positioned Cybit
as the market leader for internet-based telematics-enabled fleet management
solutions.'

Simon Skeet, Fulfilment Operations Manager, Sainsbury's, said:

'Operational efficiencies in Sainsbury's home delivery fleet are critical to the
success of the venture. Cybit's telematics technology is an important part of
achieving this and we look forward developing a successful partnership over the
next three years.'

- ENDS -

so with this kind of good news we will be seeing red again today!!

Dougie no comments please :))

G12

Kivver - yes ITH is in similar sector - last month -15% to +20% now c 27p... so with all the recent positive news at CYH why is it underperforming?
(bought a few more CYH no dosh left sadly, fed up waiting for PCI to happen!)

More good news....... From little acorns great oaks grow
Time and patience needed here

are we not on the run in to the interim results? It was announced 25 November last year?Maybe things are on the up!

wow 1.77p!I think im getting a nose bleed!

but will it be in the blue at end of day, as sainsbury have taken it on why not tesco,asda, this could be a first of many more big name contracts but we still need news on actual revenue stream

Why is it so heavily traded every day, for such a small cap share. And why do lots of people sell every time some good news is released, no wonder the sp doesnt go up like it should do. STOP SELLING AND WE ALL BE MUCH BETTER OFF!! ..........please.

Its a shame that the news stream from CYH rarely mentions the amount of revenue new contracts will provide (as mentioned by biffa18). Maybe the results due this month? will give us a better indicator of how they are doing.

skids

think you are right skids. I think interims could be a make or break for a lot of loyal CYH investors.If there is not a solid performance on revenue I think thee could be quite a few that will run ot of patience. been waiting for best part of a year for some solid gains and more average or negative news could be too much this tme(IMO)

willfagg,

I agree, and if inters don't start a steady tick up I'll take a loss and move on. Long term I have no doubt CYH will bring in the bacon, but right now I need a small steady stream and the News for this one isn't doing it justice.

I'm beginning to think that everyone is just plain p***ed off with announcements of contracts before they are actually signed and then no indicator of revenues. They need to start announcing figures when the deal in done and not before.

skids

I agree, however it is still good news and does indicate a decent size deal with a major player over three years which is good stuff.As previous post sugested any successes could be duplicated and sold on to the other major supermarket chains , we hope.

Agreed.

Any news is good news! contract with Sainsbury - STY, Norwich Union not be snifffed at though. I bought some more!Agree some sort of value would be worthwhile. As I have said on previous posts CYH seems to suffer from dull marketing - looking at the Board - its full of old boys from the industry - lots of experience, hence know what they are doing, but get some lively (or dare I say sexy?) marketing or RNS. Roll on on 2p then?

Perhaps the customer may not want financial details metioned when contracts are made public!

Don't forget they are changing the way they announce financial revenues on contracts and have warned us that the interims will reflect this with revenues down. Instead of including the full value of a contract before the amounts have been paid I understand they will only show revenue as it is received to give a clearer steadier picture of the company growth. As I understand it previously they would include the full amount of a contract for say 3 years which would make for lumpy revenue stream.
Any accountants out there to comment on this? It may be a bit disappointing in the beginning but seems more open to me I am prepared to wait with this company.

Well spotted money plus, i dont think there will be anything exciting in the interims, but we have to read into the future and that is what investing is all about. Hope the results statement tells us something about that. expect a loss this time!

moneyplus,

Are you saying that previous results included the full contract value rather than actual amount received?

cheers,
skids