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 note that no profit warning had been released by CYH as has been the case with many companies at the start of the close period. I am not fully familiar with the Stock Exchange requirements for this. But I was under the impression that if the company's situation was to be significantly changed between the start of the close period and the announcement of the reults, that change had to be notified to the market.
I would be thankful, if I have been under the wrong impression if someone would clarify the position for me please.
opto

There were a lot of deals that were marked as sells when they should have been buys so I agree with you Red Underwing... lots of mislabelling. I wonder how the Buy to Sell ratio would look if the labels were correct? A lot different I suspect.

After monitoring the price for two days I too had a few more at 1.425. At this price my average has shot down and therefore, my recovery will be far quicker.

It's not all doom and gloom, just a little tilt on how the reporting of profits is shown, which in the long run will be a very good thing!

As far as short term goes, well, we have the consolidation meeting on the 20th so not long to wait there...

well TGTL OTC - tiger telematics - competitor in the field to cyh is moving ahead, so the sector still looks promising.. they have some long term projecs on the go

Although still well down on price prior to the results todays trades do look some what encouraging.

G12

minorplanet up 70% today similar to cyh, can we have a bit of that please!

Hello ............... ;-\

Hello Douggie, welcome back. Not too much has changed while you've been away no sign of multi millions yet!! hope you had a good holiday.

my goodness the 10 day bollingers are getting very tight!!!

Is that good Mack?

very good optomistic!

think of the BBs as a rubber band....you can only stretch it so far and then ping?

just hope it pings in an upward direction!

interesting that the MMs will now pay 1.3p for stock when earlier you could only get 1.26p....the tide is turning me thinks!

Thank you for the explanation Mack. Hope it's a good indication. Just looking at the situation I was of a mind that it could be some while before we got back on an upward track (I would like the BB's to prove me wrong)
Got my advice about the consolidation from my nominee account this AM. Don't like the idea, do you think it could get knocked back at the EGM?

1,000,000 buy at 1.35p confirms my optimism that CYH has become seriously oversold...

Also 500,000 @1.4!

Could it have been a sell? I don't think so somehow.

That makes it a buy in my book, even though it was a late notification.

I'm hopimg it will turn upwards over the next 2 days. I think the signs are right.

Fly by Night

Red

There are big contracts to be announced. Hang in there, our day will come.

chrissie... lol

just looking at the 1,000,000 trades over the last 3 days it looks as though there has been quite a few and they all look like buys!

wonder what will happen to the SP when one of these big contracts come off!!

Look at the latest news on tfc website concerning cyh, might give it a lift. Also good news about tfc, might be worth a look too. Short boost to the price tomorrow.

Are the share holders just discussing the consolidation on the 20th or will the consolidation happen on the 20th?

Whats your thoughts on the consolidation?

My understanding is that the EGM on the 20th Dec is to seek approval from shareholders for the 1 new for every 50 ord. held.

skids

MillionDollarMan

I think this is a good move as institutions, in particular, seem to wary of penny shares. It certainly seems to have helped healthcare Enterprise Group who have done a similar consolidation, in their case 1 for 100. Other shares, including Majestic Wine, have gone the other way to improve marketability with a share split. It seems to be helpful to have a share price in the range of 50p to 200p or so. Not in at the moment, but looking at a purchase before the 20th.

Eric