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
- 11 Nov 2004 12:27
- 2504 of 3104
Agreed.
m100
- 11 Nov 2004 12:50
- 2505 of 3104
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?
petermoran
- 11 Nov 2004 14:11
- 2506 of 3104
Perhaps the customer may not want financial details metioned when contracts are made public!
moneyplus
- 11 Nov 2004 15:14
- 2507 of 3104
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.
Kivver
- 11 Nov 2004 15:56
- 2508 of 3104
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!
skids
- 11 Nov 2004 15:58
- 2509 of 3104
moneyplus,
Are you saying that previous results included the full contract value rather than actual amount received?
cheers,
skids
m100
- 11 Nov 2004 17:24
- 2510 of 3104
still a lot of buys today even so - we are believers!
moneyplus
- 11 Nov 2004 21:41
- 2511 of 3104
Yes the previous accounts did include full contract value which made the company growth look amazing and I think pushed the share price up too fast last year. This year they are trying to show facts as they are--company doing well and winning some nice new contracts,steady as she goes no fireworks!
m100
- 12 Nov 2004 09:36
- 2512 of 3104
Reality is good amongst othe company hype - lots of buys but price dipped this morning. Dont expect a mortar bomb but a roman candle would be good!
skids
- 12 Nov 2004 11:42
- 2513 of 3104
massive 10m sell went through but no price drop? Is this what has been keeping the price around 1.5-1.7? Any ideas.
Golfclub12
- 12 Nov 2004 12:04
- 2514 of 3104
A massive 10,000,000 dumped this morning.Share price dipped briefly but still holding firm.
G12
m100
- 12 Nov 2004 12:26
- 2515 of 3104
if the 10M were bought in at the botom - still a very nice profit!
Douggie
- 15 Nov 2004 12:20
- 2516 of 3104
Hello I'm back,.. :-/ glad to see good rise :o)) ,.... but today promise looking threatened by sells!!!! ;-[
skids
- 15 Nov 2004 16:21
- 2517 of 3104
A few buys before results going in. Aren't they due any week now?
predator22
- 15 Nov 2004 16:51
- 2518 of 3104
skids last year they where on the 25/11/03,so anytime now.
Golfclub12
- 15 Nov 2004 19:51
- 2519 of 3104
whats the 9,000,000 all about??
dethomas75
- 16 Nov 2004 14:35
- 2520 of 3104
Check out www.hoodlessbrennan.com - they rate Cybit as spec buy
skids
- 16 Nov 2004 15:02
- 2521 of 3104
Buys are out weighting Sells, but the price has dropped! Perhaps there are still large Sell orders to fill?
Kivver
- 17 Nov 2004 00:46
- 2522 of 3104
Looks like Billam have sold 50 million shares, but not as bad as it seems because they still own 112 million. Anybody else notice this. Somebdy else has also been buying or selling big, anybody like to look into that. www.ukwire.co.uk could be a good starting point. Im still very positive.
Douggie
- 17 Nov 2004 08:56
- 2523 of 3104
Mourning all :-[ big drop aginst buys ???? =4.5%
thought we were begining to make upward progress here