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...

Nor me, I'm just no-where near as bullish as I was and I just can't see how it's ever going to get higher when it's never been above 5p since it floated, they've just posted good results and its dropping like a stone...

Guys
Have faith i said look at this when it was .5 shares placed at 3p nothing goes up every day strong company , management know what their doing , more deals to be announced
patience is always rewarded
ps take a look at JKX another good little company
hey Matty if you read this your a T*sser
Regards

Then why is it still dropping if its such strong company?

Profit taking?

So these shares should bounce back? in time

No money in the housing market any more.......people in time will switch back to investing confidance is returning...if this stock drops because of profit takers i don't care because the company is with a new contract which should hold good results for the future, i was in & out of mmo2 all this year..and if i held stock i would of been better off by far than trying to take profits.......hold stock & top up on lows...at the end of the day 50,000 at less than 2,000...

Looking a little better now

Astoundingly high turnover of CYH shares today - over 18m. More than Tescos!
Presumably lots of profit taking. No wonder the price has dropped - but clinging onto mid-market 3p.

Hey folks - check out the latest announcement on the website. CYH has won a 300,000 order from Sunderland Housing Group.

http://www.cybit.co.uk

i just wonder when this annoucemnet came oout?

Today.

Does anyone know the latest two pieces of news (on the Cybit Website) are not listed in afx or RNS?

Cybit could have issued an RNS but obviously chose not to. Good news though and there will be bigger and better to come. I know we've had a rough ride over the last few days but I honestly think this is a brilliant company with a great future. All imho of course. Just remember why you invested in the first place.

skids

I think it's because they probably considered it too small for an RNS but will probably included on another RNS when they win a bigger contract.

Does anyone else have any other ideas? little woman????

i also thnk so. these seemed too small. that;s i wondering if this announce today nothing help in share(becuae price didn`t rise today)

The change in law on the 1stDecember regarding mobile phones in cars is very good news for Cybit and should bring in lots of business. Well I'm off now, good luck everyone.

This news is not going to make any difference. I think I'll sell it in another week or so.

Don't panic people, just take a look at the progress of the company, Cybit is going places! Hold mid/long term and you will see the fruits.

I think CYH is now looking oversold. For those TA's amongst us, the 14 day RSI is at its lowest level for at least 3 months. Gradient suggests we are near the bottom, providing a springboard for an even greater price rise.

Whether the Sunderland contract will be the trigger it needs, not sure. I'm holding for the medium/long term.