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Cybit the best telematics play (CYH)     

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 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 :-[

moneyplus - 04 Apr 2005 17:25 - 2876 of 3104

Douggie-- I waved goodbye to this one a while back as although it has great prospects the market just ignores it. I took my losses and decided to move into the shares the BB posters were excited about--the ones I liked were GMC, SEO, NLR, YOO and EVS so I'm having fun and making back my losses. Check out GMC and Yoo they are exciting which poor old CYH isn't. As it's year end you could carry over the losses. not trying to deramp just pass on my thoughts. cheers MP

Sutre - 05 Apr 2005 08:56 - 2877 of 3104

Interesting snippet from Richard Wray in the Guardian this morning.......

Shares in Cybit Holdings, which helps fleet managers collect data about how their cars are being used, eased 4p to 61p, its lowest point since September 2003, yesterday.

The shares have suffered from the problems of rival Minorplanet, up 0.12p at 4.375p, which is in need of a funding bailout. Minorplanet's advisers are rumoured to be putting together a placing at 5p to raise cash for the business, which said last month it had a number of possible funding options.

Cybit came to the end of its financial year on Thursday and while its annual results - likely in June - will show a drop into the red due to a change in the way it accounts for revenues from its long-term contracts, the company is likely to make positive noises about the market.

At the half year Cybit warned of some softness in the market but the chief executive Richard Horsman said yesterday: "People that I talk to say the industry is the best shape it has been for a long time."

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