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...

We finnaly got the result. and see what happen today....

Absolutely brilliant results!

"This placing was achieved at a price of 3p per share which has, of course, underlined the inherent potential value of the business".

This could definitely go to 5p today....and we still have news of new contracts to come, in the coming days/weeks!!!!!!!!!!!!!!!!!

so looking forward in it.

So folks sell some and keep some Hoorah!! :)

Looks like your luck has turned Douggie!

i think I still keep it. it still looking good. what about others?

:)

Been thinking!

good results - but I don't think we really want 5p today to be honest.. there would be a truckload of profit taking and we would prolly end the day flat/down! ideally a nice steady rise into xmas now.

:)

Currently scanning for more details on new contracts? That would really get things going? Also im sure a good write up is due from shares

Golfclub12

Actually, I do agree with you but I guess there will be profit taking anyway. I can see it spiking up first thing then maybe a fall, it should be an interesting day. I won't be selling whatever happens.........this company is going places and I'm holding onto them. The share price will just keep rising over the coming weeks and months!!!!!

golf club, just been on another bb and another poster said the same as you

" good results - but I don't think we really want 5p today to be honest.. there would be a truckload of profit taking and we would prolly end the day flat/down! ideally a nice steady rise into xmas now."
funny that he posted at 0740 now that is magic?????????
shunter

LONDON (AFX) - CybIT Holdings PLC moved into the black in the interim, as it posted a 79 pct hike in sales, but said trading conditions in its major markets remain challenging.

Neil Johnson, Chairman of Cybit said: " The company is now well positioned to build on this success. From our strong financial base we intend to build the business through both organic and potential acquisition led growth and look forward to the future with confidence."

The comments came as it posted a pretax profit of 38,000 stg against loss 474,000 on first half revenues of 4.0 mln.

It said this represents substantial growth over both first and second half performance in 2002, 2.2 mln and 2.8 mln respectively.

Referring to its divisions, tt said it expects revenues from indirect sources to continue to grow during the second half.

As for its Drive-IT solutions, it said sthough revenues are still modest, the outlook is encouraging.

The group continued to be net cash generative during the interim.

Cash in hand as at Sept 30 2003 had more than doubled to 944,000 stg compared with 470,000 at 31 March 2003.

i think ppl waiting too long for grow... they intend to sell their holding now.

Price has gone down today, any particular reason????

It was up first thing, got to +5.6%. I guess today will be a rollercoaster ride, but generally it should remain higher (steady slow progress is the key). After all CYH are now in profit.

so far same as all my holdings bought on strength of good results/news when it comes as now =sharp drop share value in spiteof more buy than sell, I wait more in hope than expectation..dont wory we wont see 5p today prob. not this month/year.....I want to be proved wrong of course. D, :-(((

Agreed that the results were excellent but why does this have a reverse effect on the share price?

We all have been so very much looking forward to this day and some positive news to kick start this stock.

Does anyone know what the likelihood of new contract announcements??

Hang on in there, I'm sure it'll be a positive finish to today. But I've got to be honest its doubtful there'll be a 5/6p finish IMHO. I hope I'm wrong tho.

Ticker

Regarding new contract announcements. The following is from The Penny Share Review 3rd Nov 2003 - "The Daily Mail on Saturday says that dealers expect a bullish newsflow from Cybit Holdings over the coming weeks".

Hopefully this suggests that we'll have more news flow soon (maybe even more today).