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...

Don't forget directors must always disclose thier buy & sells staight after carrying them out.

The two big deals, like all ordinary trades are someone selling to someone else who is buying!

L2 info at the moment has the following:

Buy orders
14:33 100,000 3.5
14:33 100,000 3.5
14:29 100,000 3.2
14:34 100,000 3.2

Sell orders
14:29 100,000 3.7
14.34 100,000 3.7
14:33 100,000 4
14:33 100,000 4

Looks like they don't know if they should be rising or not!

Thankyou getting itchy at present, been sitting in same position since 8. am watching screens, is it the wkend yet?
cheers for that little woman

Just set a limit sell and go away from the screen!

Is everyone still bullish or not?

Of course - I've set my limit sell for 50% of my holding @ 4.95 with a expiry date in 3 months! The rest for later!

I really believe that the interim will be good, followed by further news... Happy with this stock and prepared to hold into next yr if required.

I too think this stock will be good medium term.

Second that. Full year results in 2004 Q1 should provide the best push, but tomorrow will start the ball rolling in my opinion.

Are there any other other stocks in the market in similar position?

She's sinking like a stone....

patients is a virtue!!!!

... and an opportunity to buy even more!? Its like watching the World Rugby Final!

Here here!!! All those think these shares are going to go through the roof raise Y hand :)

1m buy trade gone in at 16.33!!!

good sign i'm sure, maybe it was jonny wilkinson?

another big one at 16:46, 1m.

Good luck for tomorrow everyone. Cybit has an excellent management team and they won't let us down. The next few days could be a bit of a rollercoaster ride or the price could just move up up and away. Whatever happens, hang in there.....Still say 6p-10p by Christmas!!!!!!!!!

I do so hope your right dalrymp, longing to break my duck!this so far has performed as all my other 'investments' gone down :-( as soon as I,ve bought!!! ...so if it dont go up from tomorer you know who to blame..D....xfinger

RNS Number:4441SCybIT Holdings PLC25 November 200325th November 2003 Cybit Holdings Plc Interim Results for the Six Months Ended 30 September 2003.HighlightsCybit Holdings Plc, one of the UK's fastest growing and most innovativetelematics service providers, today announces its interim results for the sixmonths ended 30 September

Key points

79% increase in turnover over corresponding period last year
Company generates "maiden" profit before tax of 38,000 for the period
Threefold increase in average customer fleet size now being supported by
Cybit's solution portfolio
Upgrades to Fleetstar-Online portfolio with integration of SmartNav and
RAC Trackstar and enhancements to cybitfleet.com platform
Significant progress made on indirect channels to market through
strategic partnerships with Lex Vehicle Leasing and brs Truck Rentals
Major initiative launched to recruit telematics and fleet management
solutions resellers
Institutional placing post period end raising 4.85 million net of
expenses


Neil Johnson, Chairman of Cybit commented:

"These results mark an important landmark for Cybit as the company moves into
profit for the first time. The business has continued to deliver results and has
had an excellent first six months of the year across our full range of services
and products.

The company is now well positioned to build on this success. From our strong
financial base we intend to build the business through both organic and
potential acquisition led growth and look forward to the future with
confidence."


For further information please contact:

Richard Horsman 01480 389100
Chief Executive, Cybit Holdings Plc

Jonathon Brill 0207 861 3232
Bell Pottinger Financial



Chairman's Statement

The first six months trading has delivered substantial revenue growth and it is
pleasing to be able to report a transition to profitability for Cybit Holdings
Plc. The Company continues to build its position as one of the fastest growing
and most innovative Telematics Service Providers, with a track record of
delivering return on investment for its customers and partners. The Company has
achieved profits before tax of 38,000 (2002: loss 474,000) on first half
revenues of 4.0 million. This represents substantial growth over both first and
second half performance in 2002 (2.2 million and 2.8 million respectively).


Business update

Cybit now has around 450 customers in the United Kingdom with more than 8,000
fixed and mobile assets supported by our services. The volume of business has
doubled since the same period last year. The internet-based Fleetstar-Online
service continues to generate substantial revenues for the Company. The cost
reductions available to our customers through this product has led to an
increasing number of large fleets adopting the solution. This has resulted in
the average number of vehicles implemented per customer increasing from eight in
2002 to 24 at the end of September this year.

Revenue generated from non-hardware related sources has continued to increase
with 188,000 generated in the first half. Cybit has also completed a number of
consulting engagements and contracts with enterprises such as AWG Plc, Fountains
Plc and Ryder Plc. We will look to further develop these services in the future.


Technology

Cybit has continued to maintain competitive advantage through the evolution of
its technology platforms during the first half of 2003.

Your Board believes that the Fleetstar-Online platform is now one of the most
scalable solutions of its type available in the market today. In addition to
fleet management integrated with SmartNav off-board satellite navigation, the
Fleetstar-Online hardware platform has been further enhanced to support RAC
Trackstar stolen vehicle tracking. The internet-based software application has
also been subject to on-going development including a number of performance and
reporting enhancements.

The cybitfleet.com platform has been upgraded with a new reporting suite based
on similar capabilities offered with Fleetstar-Online. Cybit has also enhanced
the General Packet Radio Service (GPRS) solution within cybitfleet to include
two-way messaging. Interest in the GPRS offering is increasing as it allows for
the development of cost-effective, real-time tracking applications and the
transmission of volume data between vehicle and base over the GSM network.


Indirect channels

Cybit has increased its focus on the development of channels to market that will
allow the company to accelerate growth and increase market share. The existing
partnerships with Lex Vehicle Leasing and Norwich Union continue to evolve and
deliver revenues to the company. In particular, I am delighted to report that
our initial success with Lex has resulted in a new three year agreement which
includes the proposed integration of Cybit's Fleetstar-Online technology into
Lex's "Interactive Fleet Manager Offering".

Cybit has signed an agreement with one of its key customers - brs Truck Rental -
for whom Cybit is developing a "white label" version of the Fleetstar-Online
solution as an integral element of a brs branded telematics solution. This
integrated solution will be offered as a premium service to both new and
existing brs customers.

The Company has also launched a major drive to recruit telematics and fleet
management solutions resellers. Significant reseller contracts have been signed
with Vanguard Plc and Signature Industries together with agreements with a
number of smaller specialist companies.

Cybit expects revenues from indirect sources to continue to grow during the
second half.


Drive-IT Systems AB

Further progress has been made with the Drive-IT car sharing technology.
Customer satisfaction within the existing user base has substantially increased
and this has resulted in additional units being installed in a number of
customer fleets. Drive-IT is now looking to expand use of the system within the
commercial sector and is currently engaged in extensive trials with a number of
organisations and potential customers.

In the UK, Smartmoves has successfully migrated to the Drive-IT internet-based
booking system and are continuing to install the technology in new vehicles as
they continue to expand their management fleet.

Although revenues are still modest, the outlook for the Drive-IT solution is
encouraging.


Group financial performance

Consolidated turnover for the period was 4.0 million with a profit before tax
of 38,000. Underlying performance of Cybit Limited was a net profit of 178,000
for the period.

In July, 483,000 net of costs was raised by way of a small private placing.
This cash was used for continued development of the current product portfolio
and additional working capital necessary to support the business.

The Group continued to be net cash generative during the period. Cash in hand as
at 30 September 2003 had more than doubled to 944,000 compared with 470,000 at
31 March 2003.


Market placing

It is pleasing to note that the positive developments in the Company in the past
year have been recognised not only amongst our customers but amongst the
financial community. In early November the Company was therefore able to raise
5 million (4.85 million net of expenses) in a single cash-raising placement
with financial institutions and investment funds, through the Company's brokers
KBC Peel Hunt. This placing was achieved at a price of 3p per share which has,
of course, underlined the inherent potential value of the business.



Outlook

Although trading conditions within our major markets remain challenging, these
results mark an important landmark for Cybit as the company moves into profit
for the first time. The business has continued to deliver results and has had an
excellent first six months of the year across our full range of services and
products.

The company is now well positioned to build on this success. From our strong
financial base we intend to build the business through both organic and
potential acquisition led growth and look forward to the future with confidence.

We finnaly got the result. and see what happen today....