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...

An excellent set of results, contact wins, director buying and over hyping on this BB and yet down she goes. What gives?

our patience!!!!!!!!!!!!!!!!!!!!! :-((

I'm a holder so I have a good reason to worry here so if good results, contact wins, director buying and over hyping don't send this stellar, what will? Can anybody advise? If the MMs continue to drive the price down further we're going to be at a penny soon, aren't we?

All

Have contacted the company via email ,Will have to see what they say.

Golfclub12

I think that's a good idea.

Not that I think we have anything to worry about with the placement being at 3p and the directors buying at the same price, they must know there are good things to come.

Plus as we have said before the new law re mobile phones in cars, now allows fleet managers to install units without problems from unions etc.

Good luck all

Two directors have purchased shares. Looks like strong support at ~3p

but still down!
Patients

11111111111111111111...

!!!!!!!!!!!!!!!!!!!!!!!!!!!! .

sinking slowly but surely...

This thread seems less and less bullish every day...

its goina go up, its goina go up, its goina go up TODAY!

Douggie

How sure are you?

We need fundamentals rather than guess work here.

to be honest I,ve absolutly no idea, wishfull thinking and trying to take a little gloom out of the thread, bad form probably....sorry D.

I think this share is a good medium to long term investment, naturally in the short term you are going to get profit taking.

Have you all not noticed that every time the bid price hits 3p there is a lot of selling going on. (Especially as they can get a better price) There are lots of people out there who bought at lower than 3p and are making substancial profits already.

But having said that - take a look at this link(!) https://secure.comdirect.co.uk/login/fs_login.jsp

You will see details of the highest traded buys & sells through this broker!

Its not the first day Cybit has hit the Comdirect most Buys list either. Cybit has been on the top buys list consistantly for a week or so.

So we shall sit and wait?

Does this mean that once the early profit takers are out of the way the price should rise!???