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...

OH IF ONLY a jump so far ;-\

in terms I am used to 1.46p +0.13p trades 9 266 950...not a bad day realy.

I could imagin in due course a sp of 7p I find 3.50 not nearly so probable goin to have to wait and see

like you douggie, I'm finding it hard to believe this one will ever get up to 140p+ (break even). at least not in my lifetime anyway... lol still it could have been worse (or PET)

I've been away on hols for the past few weeks. Has the company consolidated their shares whilst I have been away?

I've been away on hols for the past few weeks. Has the company consolidated their shares whilst I have been away?

yes they have.

yes they have.

Bella..... check posts 2719/20, if you are interested in the share why not read the posts?

After a slump in its share price following gloomy results at the beginning of December, CyBIT Holdings' directors have been on a share buying spree in the last few days. The revelation sent the shares 6.5p higher to 73p. In purchases over the last 2 days, Neil Johnson bought a total of 1.02 million shares bringing his stake in the group to 2.75%, Richard Horsman bought 682,566 shares bringing his stake in the group to 2.58%. Kevin Lawrence bought 340,170 shares bringing his stake in the group to 0.30%. Other directors also made small purchases.

Post 2712:
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

CYH /gizmondo/Tiger telematics movement seems to suggest there should be an upturn in this market sector..

19 buys to 7 sells and they drop sp nothing changes here !!!!!!!!!!!!!!

I'm off to Lancaster spend Christmas with daughter

the verry Best of Seasons Greetings to all who helped while away those lonly hours watching in dissbelief as this share went the opposit way to our expectations......maybe next year...can't be worse lost over half my investment here already

:o)))))))))))))))))))))))))...........x x x x xwhere apropriate x

Prosperous New Year to all and chrissie ( guess you are a wee bit glum)look foreward to your positive reasuring posts next year, it's GOT to be UP

:o)))))) Doug.

E'errrrrrrrrr well maybe ;o\

big errrmm - well you have to "get down to boogie" - cyh just like to tease us all :-)

:-[[[......... not this much!!!!!!!!! ;-/

I see it start 70:73 this morning... Probably to try and shake it all up and perhaps get something moving and like clowns, they started getting out. They are like sheep! Baaaaaa

Only 38,000 shares traded. No mad selling spree there, more likely the MM's not holding stock and lowered the price to try and create some trade. No one wants to but at this price so the share price will probably fall further.

optomistic - now that's not very optomistic is it? But full marks for honesty! Not in the share at the moment but have been looking back at the interims. Talk about anodine comment from Johnson, including the EGM statement! How can you project the financial futures? Perhaps someone can! The only conclusion I felt I could draw is that the new accounting policy spreads revenue and profits over 36 months (or is profit taken at the end?). Bound to be a problem on change over as there is no contribution on previous business on which credit already taken. You can assume that business is slightly up, but if we assume that revenue would have been 4m and small pbt then 1.4M revenue has been delayed and 200K costs. This contribution might be spread over 5 6-month periods at 240K per period. By period 6 we would be back where we started if trading is flat. I won't go through any detailed calculations but, if the delayed revenue generated rises at 15% per 6-month period, CYH would breakeven in the first six months of 2006/7 after which pbt would rise quite quickly and, very important to the management, smoothly.

I may have lost some of you, but I hope someone will have a quick and easy way of doing some figures. I cannot see why the cybit FD could not be more helpful in projecting figures - if not him, Bell Pottinger. I suspect my figures understate the true situation, because there should be increases in, for instance, consultancy fees. But we don't know much, do we, about the impact of the Norwich Union or Sainsbury for You figures?

Being a cyncial sort of fellow, a thought has struck me. Why should the directors want to increase their holdings? A sign of confidence, yes, to support the price post the 1 for 50 issue. Probably they know that the sp is hugely understated because of this accountantcy change. After all, it will all work out in a couple of years or so after which we have the benefit of a much smoother profit increase. Perhaps we should put the cat amongst the pigeons, perhaps with a letter to Bell Pottinger seeking some projections - not forecasts but figures on a "what if" basis. OK for those patient enough to wait a couple of years but why should we not get the sp to a price related to real value which, I suspect from history, should be more like the 12-month high of 216p.

Hopefully some of you analysts, financial and mathematical, will get to work to produce some enlightenment. Perhaps Shares should tackle it with the company or advisors?

Eric

Morning Eric and thanks for your post. Must say that I am optimistic about the future of CYH but at the moment am like the rest of us tired of seeing the negative movement of the sp. Do however look forward to the future when, as you say the new accountancy policy begins to bring some benefits.
As to 216p sp that would be nice and make a lot of people very happy, I would be satisfied with 150p which would not be an unrealistic target(IMO) if trading continues in a satisfactory trend, but here again nothing has come from the company by the way of news to give us some enlightenment as to progress (nothing new here of course most co's are the same)
Back to breakfast now and hope that you are not freezing too much over there,Canada, I think? and that your wife is making good progress.
Regards
opto