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
- 21 Dec 2004 08:10
- 2695 of 3104
Have just phoned Comdirect and they say CYH will not be traded this morning because they are consolidating the shares??? I haven't received a corp action stating that fact tho! The price is 60p...
skids
m100
- 21 Dec 2004 08:26
- 2696 of 3104
so for the unclean amongst us - what exactly does that mean? my shares are currently valued at 0 with share.com do I hold 30 times as many for the same value? or vice versa
iturama
- 21 Dec 2004 08:27
- 2697 of 3104
I believe consolidation is on the basis of 1 new share for 50 of the old.
skids
- 21 Dec 2004 08:30
- 2698 of 3104
Correct iturama.
The problem I'm having is understanding why they have consolidated the price before we (share holders) have received a corp. action notice stating the 1 for every 50 consolidation as been approved.
skids
adeyberry
- 21 Dec 2004 08:56
- 2699 of 3104
So if we originally had...say 100,000, we would now have 2,000 I presume, but valued at what, 60p ????
m100
- 21 Dec 2004 08:58
- 2700 of 3104
yes? - currently showing 0 value I assume at some point this will return to the holding I had in value with %reduction in shares - as you say cant trade at 60p of course - makes the share look grown up though - my alerts went through the roof - 4,000% change - makes it diffcult to work out drop from 62.5-60 is a drop or a gain on previous 1.x price
Douggie
- 21 Dec 2004 09:24
- 2701 of 3104
Oh! what a price of 61p would have meant yesterday!
today my holding looks pathetic ( I did like the BIG number)!!!!!!!!!
what now???? ;-\
Douggie
- 21 Dec 2004 10:20
- 2702 of 3104
closed yesterday mid 1.4p today 61p divide by 50 = 1.22p not great is it!???
hi chrissie any comment you must be as gutted as the rest of us
happy christmas ????????????????...........!!!!!!!!!!!!!!!!!!!!!!!
Nitefly
- 21 Dec 2004 10:21
- 2703 of 3104
ironnick: thank you for taking the time to ask our Q's and posting the responses, it is much appreciated.
NF
biffa18
- 21 Dec 2004 11:06
- 2704 of 3104
would be interested in armetis thoughts as they bought 14mil @3p now only worth 1.2p doesnt sound a great investment by any means if i was their fund manager i would be a tad upset or if they was investing my money i would be rather livid at this time, as on paper they are looking at a rather large loss unless there are other irons in the fire ,such as take over/link up with traffic master in a bigger way etc etc which would explain them trying to get the share issue in shape and get them on the main market maybe ,which would then attract poss more backers etc as the protential is getting bigger by the month !!
m100
- 21 Dec 2004 11:16
- 2705 of 3104
yes - ironnick thanks good Q's - was nearly a millionaire shares, down to few thou so 1.22 equiv not great is it need between 80-120p now (cf 1.6-2.4)
Kivver
- 21 Dec 2004 12:35
- 2706 of 3104
if it was 1 share for fifty, what would happen if the numbers worked out you had 49 left? Would be X.99 shares? Can you have a fraction of one share?
skids
- 21 Dec 2004 12:56
- 2707 of 3104
Kivver,
No. There are no factions with shares.
skids
Kivver
- 21 Dec 2004 13:01
- 2708 of 3104
What would happen if you had 49 shares left after the 50 for 1 any idea. Cheers. I know its not much money but add that up between millions of shares and somebody could be making a nice little profit.
skids
- 21 Dec 2004 13:19
- 2709 of 3104
I believe they become void. i.e. no-one gets a thing for them. So if we both had 149 shares before consolidation, we'd each have 2 shares a piece. The 49 shares would simply dissappear into no mans land for each of us - nice eh.
skids
Kivver
- 21 Dec 2004 13:29
- 2710 of 3104
i reckon those 49 shares COULD go back to cyh. Would be a nice little number for them if it did, Can anyone clarify?
Golfclub12
- 21 Dec 2004 13:50
- 2711 of 3104
Kivver
I think that the shares are rounded up to the nearest 50, so yes those 49 would go back to CYH.
G12
Kivver
- 21 Dec 2004 14:56
- 2712 of 3104
They could could make a mint if that was the case! A little bit like a buy back, any ideas on what the price might settle at?
optomistic
- 22 Dec 2004 08:09
- 2713 of 3104
Directors buy in:
CybIT Holdings PLC
21 December 2004
CYBIT HOLDINGS PLC
Director share dealings
Cybit Holdings PLC was informed on 21 December that the following directors had
purchased ordinary shares of 0.1p each in the company on 20 December.
Name of director No. of shares % of issued Price Enlarged % of issued
purchased share capital shareholding share capital
Neil Johnson 1,000,000 0.10% 1.41p 26,330,000 2.65%
Richard Horsman 666,666 0.07% 1.41p 24,856,666 2.50%
Kevin Lawrence 333,500 0.03% 1.41p 2,663,500 0.27%
Sir John Wheeler 100,000 0.10% 1.41p 400,000 0.04%
David Robins 500,000 0.05% 1.41p 1,300,000 0.13%
Cybit Holdings PLC was also informed on 21 December that the following directors
had purchased ordinary shares of 5p each in the company on that day.
Name of director No. of shares % of issued Price Enlarged % of issued
purchased share capital shareholding share capital
Neil Johnson 20,000 0.10% 66.5p 546,600 2.75%
Richard Horsman 15,900 0.08% 66.5p 513,033 2.58%
Kevin Lawrence 6,670 0.03% 66.5p 59,940 0.30%
Sir John Wheeler 2,000 0.01% 66.5p 10,000 0.05%
David Robins 10,000 0.05% 66.5p 36,000 0.13%
Enquiries:
Cybit Holdings PLC
Kevin Lawrence
01480 389100
Douggie
- 22 Dec 2004 09:16
- 2714 of 3104
morning all nice to see BLUE ;-\
we never got 10% on 2.4ml.trades before (I think)