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...
Douggie
- 09 Mar 2005 10:40
- 2856 of 3104
morning all what now, Lex/RAC now owned by Norwich Union :-\
MillionDollarMan
- 09 Mar 2005 12:11
- 2857 of 3104
Thats good news Douggie! :)
Douggie
- 09 Mar 2005 17:21
- 2858 of 3104
Is it ?sp down 2.5p! ;-/
skids
- 09 Mar 2005 17:32
- 2859 of 3104
For the bikers amongst you all - there is an article in MCN today about 'pay as you ride' insurance being offered by NU. The article predicts it'll cost riders more, so I doubt it'll be a hit just yet! But it obvious NU will be using satellite tracking, so my guess is the relationship with Cybit will only help.
skids (no longer a holder in CYH, but keeping an eye on it)
Marques-Bros Racing and FreeAds
MillionDollarMan
- 09 Mar 2005 21:44
- 2860 of 3104
From SkyNews:
AVIVA TO BUY RAC GROUP
Norwich Union owner Aviva is to buy the RAC group for 1.1bn, to boost growth at Aviva's general insurance business.
The move will result in around 1,700 UK job losses, although the company said it would try to avoid compulsory redundancies.
The offer values the roadside assistance group at 1.1bn and a buy-up will boost growth at Aviva's general insurance business.
Aviva's CEO Richard Harvey told Sky News the takeover is "a very important step in improving the general insurance capability we have in the UK market place".
He added: "We already work closely with the RAC anyway, in providing a full service to our customers.
"This brings them inside the overall group and allows us to give a really complete motoring service - it's a powerful new combination of insurance and motoring services.
He also said there would be the "opportunity to bring in some of the new technology which Aviva has been researching.
"Things like, Pay-As-You-Drive and global positioning type science into the process, so there's some developments that will simply be about broadening both the insurance and the RAC's services. (Sounds like Cybit to me :))
Although it is traditionally known for its roadside recovery service, the RAC's portfolio of businesses ranges from the BSM driving school to travel insurance and financial services.
Aviva revealed a rise in core profits for the year by 25% to 2.3bn, slightly above forecasts with general insurance profit for the group rose 47%.
Aviva is the first European insurer to report operating profit under European embedded value.
That is a new standard designed to to give investors a more consistent and clear picture of life
insurers' profit and financial strength.
Douggie
- 09 Mar 2005 22:12
- 2861 of 3104
well done MDM thanks, you come up with good info again :o)
I believe it should be very good news
looks like CYH right in the thick of it!
Douggie
- 21 Mar 2005 10:02
- 2862 of 3104
and red again! ;-/
MillionDollarMan
- 21 Mar 2005 22:18
- 2863 of 3104
What I want to know is WHY does this companies share value keep going up so slowly and then diving to the old 65p(1.3p in old value) when we all know full well that it should be at least over 1!!!!
Jeez, give us some faith in the future!
Douggie
- 22 Mar 2005 09:06
- 2864 of 3104
mourning all, and RED again we need something other than hope to have faith in comeon with the promised good news, but then good news so often followed by fall in sp are we in a loose loose position?????????????????????????????????
Douggie
- 24 Mar 2005 17:15
- 2865 of 3104
We are now nearly run out of March and worse off!!
happy Easter egg everybody :o)
maybe the easter bunny will bring us a surprise on Wed ;o\
Douggie
- 30 Mar 2005 08:51
- 2866 of 3104
!
MillionDollarMan
- 30 Mar 2005 14:59
- 2867 of 3104
Tell me about it Douggie!
Whats going on chaps? We should be rolling in it by now!
Kivver
- 30 Mar 2005 15:42
- 2868 of 3104
always was going to be a long wait, patience chaps, look at how somw shares are falling, this is mild compared!
Douggie
- 30 Mar 2005 17:05
- 2869 of 3104
Big news was forcast by end March...will it come tomorow? we certainly need it ;-\
Douggie
- 31 Mar 2005 09:18
- 2870 of 3104
...!!...
tomorow is probably a more appropriate day for CYH holders !!!!!!!!!! :o[[
Aldor3
- 31 Mar 2005 14:12
- 2871 of 3104
Don,t you know Bro TOMORROW never comes??
Douggie
- 31 Mar 2005 18:56
- 2872 of 3104
nor do we anymore ;-/
triangle
- 01 Apr 2005 16:47
- 2873 of 3104
Douggie... Don't worry, I'm sure Chrissie is dissapointed she got it wrong.......AGAIN !!!
Douggie
- 01 Apr 2005 18:06
- 2874 of 3104
;-\ sadly true triangle!
Isuspect we are all dissapointed at no news and sp performance, lots posters
on a comprtitor BB also predicted good news in March how easy it is to get egg
on your face when you stick your neck out. As for me I just don't know, I look in
here for veiws and info. not inclined to give stick to anyone who honestly thinks they are helping,
one day we will get some news from CYH won't we? may it be good
Douggie
- 04 Apr 2005 11:11
- 2875 of 3104
RED :-[