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...

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

very low volume traded - directors normally buy into own company shares at a low price as they can see the forward position - and hence can make money - have always thought cyh postioned way way too low for the market sector, like all get sick of this low sp - should be c 120/150p - or 2.4/3.0p as was pre 1:50
few buys creeping back in again..

Interesting article in M2 today...

Cybit extends real time fleet tracking and asset management with powerful new GPRS capability; Extends modular Fleetstar Online functionality with integration of real time GPRS monitoring system;
M2 Presswire
06 January 2005

Cybit, the UK's leading online telematics service provider, has extended the functionality of its modular Fleetstar-Online Internet-based fleet and asset management solution with the addition of a powerful real-time vehicle location monitoring capability using the latest GPRS technology. Combining Fleetstar-Online with GPRS technology provides continual positional updates, enabling real-time reporting through the extremely tight matching of GPS positions to mapping. This allows organisations to track their fleets and assets in real-time, giving fleet managers the ability to implement next generation telematics capabilities in real-time such as a new 'Find My Nearest' service.

Cybit's modular Fleetstar-Online telematics technology platform is the industry's first fully-scalable telematics solution - from an entry-level 'reporting-only' solution, offered primarily through Cybit's expanding reseller channel and available from as little as GBP20 per vehicle per month, through to the industry's most comprehensive telematics offering.

Fleetstar-Online combines key architectural strengths - such as an OpenAPI and decoupled technology and application layers - to enable organisations to easily integrate Cybit telematics technology with their own applications and bring them to market quickly. In addition, raw telematics feeds of highly accurate data collected at twenty second intervals can underpin the development of third party services in the insurance risk management and traffic planning sectors.

"With the addition of real-time GPRS functionality we're continuing to set the technology agenda by making real-time telematics a reality for European businesses," commented Richard Horsman, Cybit's CEO. "When we first developed our latest version of Fleetstar-Online we introduced a modular architecture that would allow us to deliver enhanced functionality as it became available. Adding real-time connectivity via GPRS is just the first example of our ongoing commitment to ensure that Fleetstar-Online keeps on setting the telematics technology agenda."

The latest release of Fleetstar-Online also features a range of additional functionality, including support for Government road-charging initiatives - this is particularly applicable for the German market where a new Toll Collect system went live on German autobahns on 1st January.

Fleetstar-Online is the first telematics solution to deliver accurate monitoring and reporting of fleet autobahn usage to help verify the accuracy of Toll Collect charges.

Fleetstar-Online also delivers enhanced input activity control, enabling - for example - power take-off switch activity to be monitored. In addition, a new 'Event Manager' capability allows Fleetstar-Online to react interactively to incoming data messages and forward alerts as applicable.

This works by letting the user set up a number of parameters attached to an input and specifying actions to occur when those parameters are satisfied.

For example, if a vehicle grab arm is activated between 23.00 and 06.00 on weekdays or at the weekend, then an alert can be triggered and an e-mail or SMS message sent to a nominated contact.

GSM phone location tracking with Fleetstar-Online Following its recent acquisition of the innovative mapAmobile mobile location service, Cybit has also extended Fleetstar-Online with a unique GSM phone location capability that allows mobile phones to be tracked through the Fleetstar-Online interface. This will be particularly applicable for the growing number of businesses that use sub-contractors or temporary staff to support their day-to-day operations.

About Fleetstar-Online:

Fleetstar-Online is Cybit's scalable Internet based telematics solution that features real time vehicle tracking, exception reporting, replay mode, customised reports, mileage information, SMS messaging and live traffic information. Fleet vehicles are fitted with a small electronic in-vehicle-unit (IVU) which is tracked by GPS in real-time and data transmitted to Cybit's online control centre. It provides companies with a cost-effective ASP-based fleet management solution, which offers users anytime, anywhere access to the system via a standard web browser.

Fleetstar-Online also features added value solutions support, with fully integrated Smartnav satellite navigation and RAC Trackstar Plus stolen vehicle recovery system functionality.

About Cybit:

Cybit is a leading Internet-based Telematics Service Provider (TSP) and supplier of fleet and asset management solutions to the business-to-business sector. Cybit's solutions portfolio includes vehicle tracking and management, lone worker support and car pool management. Hundreds of companies across a wide range of industries already use Cybit's online solutions to improve the management and control of their fixed and mobile assets. Additional information is available at www.cybit.co.uk.

CONTACT: Andy Gray, IBA Tel: +44 (0)178 072 1433 e-mail: agray@iba-europe.com Sophie Geering, Marketing Manager, Cybit Tel: +44 (0)148 038 9100 e-mail: sgeering@cybit.co.uk

((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).

Wow! That's your company, chaps! Should really get going this year. Thanks, optomistic, for thoughts re Mary. Back in the UK and she is in good hands - to have ultrasound scan to help to decide action. Canada was great, including snow, skiing and hospital put ours to shame.

Everything looks right about CYH except the numbers. Has anyone tried to make sense of the accounts? The problem is that there is no division into sources of business. Potential categories are: Indirect (includes Lex and Norwich Union); International (Sweden with Germany starting); consultancy (appears to be growing in importance and led to Sainsbury); direct Fleetstar-online business. There has been an increase from 10000 to 12000 to in-vehicle assets in the six months from 600 customers (500). I assume that they took credit for the 10000 assets in previous periods. They are talking about a delay in revenue of 950K in 'recognition costs'. Does anyone understand what that means? It sounds as if it could say that the 2000 new assets are worth an average of 570 (1/6th credit taken straight away). They also say that 500K of 'cellular costs' are delayed and this will eventually mean a reduction in operating costs of 600K over a 36 month period. Does anyone undertstand what this means?

The problem is that we have been given limited information and it is difficult to understand what it means. Therefore it is very difficult to undertake projections on this basis. If someone can provide some insights I think it would be helpful for investors, like me, taking a fundamentals approach.

At the moment, it only sems feasible to take a broad brush approach. Revenue in 2003/2004 was stated as 8m with profit of 1m. Under the new approach this should presumably have been about 5.2m with loss, though less than current period. This year takes the main hit with two-thirds or relative revenue and profits being delayed to the following two years. The change should have worked out in year 3. Year 2 (transitional year) may be just getting back to profitability. The plus will be that it will be evident that year 3 will be profitable and that profits will "continue for evermore, amen" thereafter.

Lets focus on this years results. The second half should be significantly better than first half: 400 assets from Sainsbury; good continental progress, etc. Still a loss. But ... the good news. It will become clear that the new policies will be starting to give benefit the following year and there should, hopefully, be a forecast of a move into profits. The present market cap. is about 13m. There could be a case for that doubling. CYH should be moving into a major growth period.

Look, folk, I am trying to get to grips with the fundamentals. Is anyone able and willing to help? If so, please give some constructive feedback. This is where a colum like this can help each of us.

Eric

Wish I could help but can't ...manythanks for your effort Eric