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...

The proving ground is Friday!

GOOD NEWS .....will we take off ? ...slow start ..... ;o\

Just not grabbing the markets attention is it lads. Lets hope investors wake up to it soon. Excellent results and prospects.

I'm out! This has been the worst investment I have EVER made!! I am STUPID, STUPID, STUPID. Could have left a lot earlier with much less of a loss. I shouldnt have listened to the ramping circle!!

Bye from the STUPID one and good luck all.

im stupid too, ive been stupid for nearly 3 years and i may as well stay stupid. Not sure about the ramping circle (who or where??), personally i think the market is stupid for not recoqnising a share that has now gone into profit. It sometimes happens. It is not a bad share, it is not losing money. skypharma, bioprogress, superscape now they were/are bad shares.

I aint jumping ship so soon after the results have come out. I have experiences all too many times how much a nee-jerk reaction can cost only to find out the day after the share goes up 10p :/

It was only two seconds ago that it was reaching the upper 50's and that was before the results. I too have been here too long and too deep but it owes me...!

Good luck Kivver. Most of my guidance was taken from moneyam's competitor from a poster called Lucky Punter who I should have ignored from the start. My fault entirely and I'm now paying for it dearly. All the very best to you as this will be my last post on this thread.

Home Bird

I'm 65% down but I ain't selling at this price

home bird only sell now if you are deasperate for the cash ! ;o/

cheers home-bird, i am with you, (very fed up) and am down about 50%, but it is market not the share that has disappointed.

and back we go ................... ;-/

the pattern, like the share price is getting get just a tad mononatous.

How do market makers ever sell shares dealing at such ridiculus prices with such a wide spread. I suppose all fed up investors sell at any price. The MM's know they will eventually make a killing. Well MM's your not having mine until to ask a reasonable price!!!

Still here Guys,

I'm in here @ 5 figures, a considerable sum of money and like everyone am really miffed at the way this company has handled its market pr. The problems with the accounting debacle is long gone and I think investors left in droves when the share price was consolidated, this removed the penny traders that could make a bob or two day trading, thus keeping the share buoyant.

Cybit is now in profit once more but not by as much as it should be. New contracts are thin on the ground and not a great deal of noise coming from the company that would give investors the confidence to have a flutter. I think they may have missed the opportunity to diversify, I recently purchased a Tom Tom and had to wait for new stock to arrive before I could get my hands on the model I wanted, I had to buy online in the end as the retailers I visited were all sold out!

I don't need the money (don't read that as conceited - I really mean I don't need to pull out right now) so I will leave it where it is for that rainy day, maybe.

Some table banging at the AGM might be in order, some heads need to roll me thinks!

NF

Thanks Kivver, and Dougie Im not desperate forthe cash but I am desperte in wanting to stop seeing my cash fade away. Since selling I could have made 400 if I bought yesterday. Its stupid leaving the money in this share when there are opportunities elsewere, I am realising that now (TOO LATE THOUGH!!!!!!).

I recently read the antics of a poster called tracylied on am competitor and the more I read between the lines the more sensible her posts are. She gets flax but implys that the company has peaked and that the city doesn't think that it will every diversify quickly enough to remain a formidible player in ttelematics, hence the total lack of intrest by large institutions. Any truth in that do you think? Wish I knew before I bought in at 75p!!

Good luck to you both anyway.

Surprised to see this thread still going.

This stock seems to have come along way recently, whilst the sp has went into reverse..

I have place this back on my monitor again.

Well this share is now fully in an upward trend. Long overdue! AGM tomorrow. Expecting more institutional buying so continuing the trend. I am not ramping. Fundamentals of this company have always been good. SP has sucked for sometime. Long over due.

Im still in, will go grey before i make a profit on this one. To think i was about 150% up on this one at one time.

DYOR - Do your own research
http://www.rnsfocus.com

or you could just go to http://www.investegate.co.uk and its absolutely free

Anybody know why this has risen 20% today?

another 50% and i'll be even lol!