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...

Does anyone know if any other contracts are likley to be announced in the near furture? I heard mention of rentokill somewhere

A lot of the prospective contracts are only known about because someone knows someone at the company where it has been discuss with staff.

I know a some of senior staff at NTL so am aware of whats being discussed there.

The company turned over just under 4M in the first 6 months of this year:

This is the important contract: This came out the same day at the interim - 25 Nov 03

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.

thisone is goin to be another biiiig one boys,,buy now before too late,
i just top up mine another 38000 ,we looking probably 7p to8p soon wooooofff
vaiii di brutto

I think cobras is being very optimistic. Certainly the price will rise overall in the future but probably a lot more gradual rather than a huge spike. However that is not so say such a price rise would be unwelcome!

my prediction is 4.5p by xmas, maybe 10p by March'04

And then?who knows.........

If cyh can sigh contracts with Sunderland housing and not put a RNS out then that shows the confidence the management has got(see cyh's website).Also where will this lead to,more housing associations signing up and the new law on Dec !st where you can't drive and use your mobile phone,well this all bodes very well for the future and today might be the day when Cyh shows the upward trend!!!All very rosy for the future.You've got to be in it to win!!!

here is the bit on sunderland housing

One of the UK's largest social housing groups selects Cybit to manage mobile workforce
Sunderland Housing Group selects Fleetstar-Online to manage its mobile workers in real-time, plan routes and report on performance to maintain high customer service levels
Sunderland Housing Group, the UK's third largest social housing landlord, has selected a fleet management and telematics solution from Cybit to help manage its mobile workforce. Cybit has won a 300,000 order to install its Fleetstar-Online units to Sunderland Housing's 210 light commercial vehicles, used by employees who maintain the Group's 34,000 properties. The new solution will enable fleet managers to track the vehicles' location in real-time and use historical reporting tools to resolve customer enquiries, improve driver efficiency and provide duty of care to its mobile workforce.

The order follows a raft of recent orders for Fleetstar-Online including Aberdeenshire Council, Wyre Forest Community Housing Association and Superior Plumbing Installations (SPI) Limited. The Cybit solution will enable Sunderland Housing Group to fulfil its duty of care responsibility to its mobile workforce - which includes electricians, plumbers, gas fitters, joiners, glaziers and fencers. By using Fleetstar-Online, Sunderland Housing will have 'anytime, anywhere' visibility of its fleet to provide location fixes on employees, giving tenants accurate ETAs, confirming proof of call to a property and giving drivers SMS or voice directions should they become lost.

Good point about housing associations nematode - I am sure you are right. NB also the same applies to local authorities (see website). At the moment institutions like that have got loads of money from us taxpayers courtesy of the government. SO CYH is an each way bet - both the public sector and private sector.

Have you seen the latest RNS?

In addition to the Director Kevin Lawrence buying some shares, a two other directors Richard Horsman & Neil Johnson has just be given a "few" share options @ 3p excerisable in the next 10 years. - Must think the companys share price is at bottom to put them in place now!

Well spotted Little Woman - clearly the folk in the know realise it is a great time to buy - wish I had some more cash...

I actually work in local authorities and the big problem for something like this is the unions. However as noted on this board before if employers can utilise this product from a safety point of view it will negate a lot of those arguments of big brother (more like concerned parents.

There is already a legal duty for employers to take care of their workers. However the new phone laws in december will also mean some employers could be held liable for actions of their employees using mobile phones. This is not a prospect that loacl authorites with an eye on council tax increases will be savouring.

Yep the unions won't like it but the big employers can play the employee protection card and as Pumacat says also employes will now be liable legally if their employees mow down a bus queue while chatting on their mobiles (I know I am a lawyer!). So I think the telematics wave will soon wash away the unions' defences (so to speak).

What system do a huge company like Eddie Stobart or Lynx couriers use anyone?

You must likely find they don't use anyone at all - thats why theres a big market out there!

I couldn't encourage everyone to have a go at the FTSE competition for Dec? Deadline is when the market opens Monday.

It's Owls last month (unless we can convince him to keep going) and moneyam, very kindly donate a Oddbins voucher to the monthly winner.

Even if you don't have a clue - make up a number - or get your partner/child give you a number! (Very scientific!) The more people the more interesting/fun it is!

A nice write up in Business Weekly 28thNovember (saw the article on advfn BB, sorry unable to cut and paste onto this site at the moment).

here it is;

Acquisitions eyed after Cybit surge
By Business Weekly, 28 November 2003


Cybit Holdings in Bedford, one of the UKs fastest growing telematics service providers, has moved into profit for the first time in some style.



Cybit Holdings in Bedford, one of the UKs fastest growing telematics service providers, has moved into profit for the first time in some style.

Turnover has increased 79 per cent to just under 4m for the six months to the end of September. Cybit generated a maiden profit before tax of 38,000 for the period and said a threefold increase in average customer fleet size was now being supported by Cybits solution portfolio.

Chairman Neil Johnson also reported significant progress on indirect channels to market through strategic partnerships with Lex Vehicle Leasing and brs Truck Rentals. The company recently raised 4.85 million in a placing.

Johnson said that from a strong financial base, Cybit intended to build the business through both organic and potential acquisition-led growth.

Cybit now has around 450 customers in the UK with more than 8,000 fixed and mobile assets supported by its services.

The volume of business has doubled since the same period last year. The company has completed a number of consulting engagements and contracts with enterprises such as AWG Plc, Fountains Plc and Ryder Plc and aims to further develop these services

Mobile rule already set up so it seemed good for CYH