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...

why?

Cybit Web-Site today 25th November 2003

Cybit signs three year partnership with Lex Vehicle Leasing to significantly broaden Fleetstar-Online offering to the fleet market.

Cybit and Lex to develop and bring to market integrated fleet management solution.

Highlights Cybit's focus on offering telematics as added-value proposition for resellers, fleet companies and service providers.

Cybit has announced a three year strategic partnership with Lex Vehicle Leasing, the UK's leading contract hire company, which should deliver revenues in excess of 3 million per year for Cybit. Lex and Cybit formed a new strategic agreement based on the success of Cybit's initial partnership with Lex over the past 12 months, which exceeded expectations, and following a thorough review of the telematics marketplace by Lex. Under the new agreement, Lex will market Cybit's technology and products to its customers and prospects. Furthermore, Lex and Cybit intend to jointly develop an integrated solution based on elements of their web-based solutions - Interactive Fleet Manager and Fleetstar-Online. This will enable Lex's customers to benefit from Cybit's range of scalable telematics and fleet management tools.

The announcement follows Cybit's recent partnerships with telecommunications reseller Vanguard plc and Scottish reseller Signature Industries, and highlights Cybit's focus on offering its solutions as an added-value proposition for resellers, fleet companies and service providers.

"This is another significant step forward for Cybit," said Richard Horsman, Chief Executive of Cybit Holdings. "This deal fortifies the most successful partnership between a telematics and vehicle leasing company to date. Lex's continued endorsement of our products highlights Cybit's position as the fastest growing provider of telematics and fleet management solutions and confirms Fleetstar-Online as the most comprehensive solution of its kind in the marketplace."

Jon Walden, Managing Director, Lex Vehicle Leasing, added: "Following a review of telematics service providers, Lex is delighted to renew its partnership with Cybit. Significant factors included the achievements of the last 12 months, combined with both parties' commitment to the development of the strategic alignment. Lex believes that this partnership will continue to offer its customers a real point of differentiation in the vehicle leasing marketplace."

Ian Walmsley, Cybit's Head of Partnerships commented: "Our work with Lex is a further demonstration of Cybit's distinctive, partnership-based approach. By offering our solutions on a scalable, open platform we enable our strategic partners to develop unique and differentiated propositions that reduce internal operating costs and deliver significant added value for customers."

Fleetstar-Online provides companies employing a mobile workforce with cost-effective ASP-based fleet management capabilities and rapid return on investment. 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 to be accessed by users over the Internet with a standard web browser. Fleetstar-Online's 'anytime, anywhere' fleet management tools include real-time location-based tracking of vehicles, up-to-the-minute traffic information, route planning and scheduling, historical reporting and analysis, journey replay, exception reporting and SMS capabilities.

About Lex

Part of RAC plc, Lex provides a comprehensive range of motoring and vehicle solutions to help businesses improve their efficiency and effectiveness. Lex is proud to have a motoring services heritage dating back to 1928. Today some 20,000 businesses across the UK, including two thirds of the FT-SE 100 companies, trust Lex to provide them with motoring and vehicle services.The Lex businesses are:

Lex Vehicle Leasing, the UK's leading contract hire provider for company car and van fleets, with 99,000 vehicles under management. Lex Vehicle Leasing is a joint venture with Halifax plc.

Lex Transfleet, an award-winning provider of commercial vehicle fleet support services, offering expert and impartial advice on fleet management, rental, contract hire, driver management solutions and workshop services. Lex Transfleet is a joint venture with Lombard North Central.
Lex Komatsu South, providing Komatsu lift trucks on sale or contract hire together with comprehensive engineering support.
Lex Commercials, the UK's leading commercial vehicle dealer network, selling and maintaining new and used vans and trucks and selling van, truck and trailer parts.

Lex Auto Logistics, providing purchasing, inventory management, warehousing and distribution of parts to support businesses' logistics requirements.
Lex Defence, providing a unique range of skills and services to support the fleet requirements of the British Armed Forces.
Enquiries

Philip Szomszor
IBA - PR for Cybit
01780 721 433
pszomszor@iba-europe.com Peter Knights
Lex Vehicle Leasing
0870 112 5741
peter.knights@lvl.co.uk


About Cybit

Cybit is the UK's fastest growing provider of telematics and fleet management solutions and, through its distinctive open-platform approach, delivers a full range of Internet-based software and support services to mobile workforces. Key users of Cybit's offering include service engineers, commercial vehicle operators, rental fleet operators and users, mobile office workers and local authorities. The Cybit product suite is the first in the market to combine a range high-technology telematics devices and Internet-based fleet management software with personalised service 24/7. This enables Cybit operators to obtain data and deliver services or assistance via wireless networks for safety critical events, accident or breakdown, as well as providing support if a vehicle is stolen, or a driver is late or lost. Cybit is also the first company to combine these high technology solutions with a car pooling service to address vehicle congestion and optimise resources.

This is good so why are there going to be a few disapointed people?

Golfclub12,

I think he meant disapointed people who sold out early

Rrrrr

come on?????
RNS annocement must follow soon TODAY?

Nice one t999mrb2

what after 17:00 ?
I think the price will start moving upwards from Thursday onwards.

you might be right, thurs issue of Shares will most probably carrying some coverage also.

Douggie,

Hang in there. A lot of today's sellers are probably t10 traders who need to close their positions. The results were very very good and the price will head north soon. We know there is good news to come, new contracts will be announced soon. I know someone who works for minorplanet, and I know for a fact that they have lost 2 contracts to Cybit. We should also get some positive write ups in the press over the weekend. Holders of CYH have absolutely nothing to worry about and lots to look forward to.

agree dalymp

agree two

A post on ADVFN suggests 2.8p tomorrow....

Would that be its price or how much it will rise blakester

so does it mean it will drop in a certain of time?

Dalrymp thanks for reasurance I did buy these more in hope than expectation of quick profit,I still think they are a good investment, I,m also in RTD..& ITU, all three I think are basickly sound investments overhyped on these BB threads all have gone through same pattern hyped up to news posting only to dissapoint short term. I realy would love to see some any profit on any of these NOW but am prepared to wait it out till it comes. Best wishes for a BLUE christmas to all who share shares with me, I am sad at mo. but very optomistc D. :-)...

GTL is on my watch list, I just read their intrim posting on face of it poor results as against 'good results' here not a lot of trades but shares at 9.25p up0.5p 5,7%!!!!!!....?????? this seems to be oft seen 'pattern' .....D.

Personally I think there will be a lot of short-term traders wanting to get out who bought between 3.6ish and 3.9ish and expected more upside...so I don't expect price to be able to bounce up. Think it will get pushed back any time MM's try to raise it...with phases of MMs bringing in wide spread to hold it at times. Reckon it requires news to have any significant effect. I think Cybit will have indicated to the recent issue investors 1) that the results are good(which they will know may not give a great boost as I think reasonable results were expected and price indicated this) but also 2)that contract news was imminent. The interims makes a point of highlighting the new (hoped for) 3p 'base' and I see them as seeing above this level as a starting point between here and the finals.
Personally I have held my 740000 in a surprisingly relaxed manner recently as I am confident that within 4-5 months the holding will be worth a lot more. I work hard for my investment seed money and I don't want to throw it away ......
For those who are down I really do think that over a sensible time frame they will do you well. Perhaps if you are going for the 'Best trader of the year award' by bouncing about frantically trying to catch a multi-bagger then it may pay to chill-out and wait a while and you might just have caught it. Double+ todays price by April/May possibly...not bad if the downside is unlikley to drop below 3p.
Time will tell if I write sense or nonsense. But it's fun..in it!

Dear all,

have been reading all you comments and following the discussion but very new to this game, could someone please tell me more about the bid and ask and the spread and how it relates to the purchasing of shares for the small investor.

please excuse my inexperience vijay

p.s if theres any more to tell abouts the mm's influence on the bid ask etc im all ears. cheers again vijay.

vijayyadh

There is a very good thread on this BB "ASK a trading question!" which will answer all your questions. Also if you read through that thread you will learn loads. Not putting you off but they really know what they're talking about on there, much more than I do anyway.

Good Luck!

I've put the thread in question to the top for you.

Things seem to have settled down a bit now, it has gone extremely quiet. Now all we need is some nice write ups in the weekend press, contract news and some big investors. All this will happen.....you mark my words!