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...

I think that what is happening is that some investors who came in at 2p or so held on for the interims to see whether there would be another spike in the price. Since nothing much happened they are now taking profits. Much of the recent rise took place in anticipation of the interims and aferwards (as so often) it was an anticlimax. Like a fool I bought right at the top but am relaxed about staying in for the longer haul. This is a cracking good company in a great area. if IMHO means "I am holding", then IMHO.

Afternoon all

Going over the threads again on the company and note references to a number of possible contracts. Just wondering the strength of the information is and when are announcements likely to be made?

Could someone clarify, because I guesses IMHO meant In My Humble Opinion - can someone who uses this please let us know

You can find news at the companies web site http://www.cybit.co.uk/news.htm

I found this Profile on the Comdirect.com site (Could do with some updating, but otherwise good detail)

CybIT Holdings Plc was established in 1999 and floated on the London Stock Exchange in March 2001.

The Group is a Telematics Service Provider, supplying customers with a satellite tracking system to pinpoint the location of mobile objects. The data is delivered through a wireless network technology. The Company offer business content packages that can be tailored to the user's specific requirements. Services include 24hour monitoring, single point-of-contact and emergency and breakdown monitoring. Customers include logistic industries, private car owners, bus and coach operators and vehicle hire companies.

CybIT operators are available to assist in the managment of any event, such as vehicle theft, accident or traffic congestion.

In October 2001 CybIT joined forces with Orange Arrows Formula 1 to install GAP BCmini telematics units. The Group have also secured an order from haulage company J&A Rathbone to equip drivers with GPService Pilot hands-free telematics units to provide vehicle tracking and up-to-the-minute traffic information.

During December 2002 the Company acquired Drive-IT Systems AB, a Swedish vehicle management and carsharing solutions business.

New 2 weeks low. Any comments !

Stop losses kicking in?

1m shares bought at 16:49, will this make any difference when market opens tomorrow.

Bail out guys. How much lower can the MMs take this?

I would say time will tell but it always pay to be patient in the investment game.CYH is a very good company in a very profitable line of business so nothing to worry about.

I agree its an excellent company but I think your gonna be disappointed...

Blakester

What are you talking about?

There is no way am I bailing out for the next few weeks unless something drastic happens which I very much doubt.

blakester, how much lower can you go? You have sold out and now you want others to follow you, to make your decision more justifiable!

If you don't think this share is going to go up, then why are you still hanging about?

I'm thinking of buying MORE not selling any...!

Regards

NF

NF:

I agree...... sounds blakester so selfish and want to ask more and more ppl selling their share.

That's right,blakester has got a hidden agenda,It's only a week or 2 ago,he was very bullish.

Keeping track of the fleet - CybIT's on the lookout

News that the government is contemplating road charging throughout the UK could be the boon that the telematics industry has been waiting for and CybIT could be well positioned to take advantage of any increase in demand.

The transition of stock in CYH from retail investors to professional and institutional investors is now in full swing. The next bit of good news will send the stock up even sharper than previous news because there is less of it around for retail investors to buy.

KBC are MMs and also Cybit's brokers, it was them that carried out the placing. It is their responsibility to keep Cybit on good terms with the major shareholders and financial institutions as Cybit may decide to tap the markets again on their next stage of expansion. KBC cannot trash what they,ve just sold as nobody would do business with them. They are working in their clients best interest which is about taking the stock from you for as cheap as possible and handing it to those who were prepared to financially back Cybit at 3p.

The placing was at 3p, Cybit, its new cash balance and its prospects are way in excess of this price. Do not let others rattle out of Cybit Holdings.

Morning all

thanks for the post nematode, makes perfect sense. Nice to see cyh ticking up alllbeit by a fraction! Hoipe this continues. Hope even more for some contract news

I'm sorry to bring this up, but I feel I need to clear the air. On Arjen post (no 323) he stated "Institutions - ref Edmond Jackson and a specific government
regulation - MUST know more financial information BEFORE any private
investors/stockbrokers"

This got my back up, because I couldn't believe this was true. I have since had it confirmed that infact this untrue - rule 9.2 of the Listing Rules requires companies to inform official information channels 'without delay', when they hold information that is 'likely to lead to a substantial movement in the price of its listed securities'.

Informing official information channels means they have to notify everyone (not just Institutions, many of whom are actually stockbrokers) at the same time.