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 just don't understand Shares Magazine. I think they've got their facts all wrong re tax, statements from brokers etc. and they make no mention of new mobile phone laws. Plus directors buy at 3p, the placing was at 3p and Shares say sell at below 3p. I know who I think has the better insight. They also make no allowances for further contract wins. Yes there is a lot of competition in the telematics industry but there is also a lot of business, especially now. Also CyBIT has won a number of contracts so is clearly keeping up with that competition. They were recently chosen by Lex for another three years AT LEAST after exceeding expectations! I have heard that the Management Team at CyBIT are furious with Shares and rightly so in my opinion.

The thing that gets me is that if Shares Magazine had got their facts straight and posted a BUY, which it undoubtedly is, then we would be flying today. Sorry to go on but....

Personally I have never followed recommendations that you find in the press - in fact on many occasions have done exactly the opposite as when I've done my research I have not found their reasoning that sound and done really well! (I could tell you many stories about shares I've bought at rock bottom after the anlysis & the press have slated a company - only for me to make huge profit later!

The investment club I'm a treasurer has had the value of a few shares wiped out - and every one has been from a member who has a newspaper article in their hand! Fortunately the other members are starting to realise that this is not the best way to find shares to invest in!

I agree with you but the trouble is a lot of people follow these tips and it can make a difference to the share price....though only in the short term I suppose. Ah well, time will tell...

Thought I would just add this thought on the shares article.

When cybit were last in shares the magazine had an accumalate recommendation on a very low price (.30 i think). However today there appears no explanation as to why that advice has now changed.

I donts agree that the shares recommendations are that bad (pursuit dynamics and celtic resources prove otherwise) but in this case the logic of the advice seems to have eluded everyone.

A lot of people follow shares recommendations and the shares move in the short term in the direction recommended.

But if the recommendations are not that sound, because they have missed something important which would have effected their reasoning, the same shares will then move in the opposite direction of the recommendation later on, because people like me will take the opportunity to take advantage of the price movement. I've been doing this for more than 20 years, and have loads of stories about shares on the SELL recommendation lists, which promptly dropped in price and then I have bought at rock bottom, only to watch them take off soon afterwards!

I think we just need to wait a little longer. I personally think 3.14p is the current value/fair mid price. But the next biggesh deal will push the price higher. Its unlikely to come before christmas though (IMHO).

Have noticed the spread increase towards the offer side today tho....

The thing is I have never heard a bad word said about Cybit on any of the BBs. Even the derampers just say "I'm not buying in until it falls to ...." I have never heard an arguement on why to avoid this share. Sorry I'm going on again.

little woman

You obviously know your stuff. I haven't been doing this long and have never bought in at the bottom or even bottomish. This share was recommended to me by a friend, who works in telematics industry, @ 01.50p and I took ages to go for it and subsequently got in much higher. If you know of any sub 1p shares then would you please let us all know on here? Don't mind tucking them in a drawer for a couple of years!!!

I tend to go for FTSE100 & 350 shares, but "dabble" in shares like CYH from time to time when I think I see an opportunity to make substancial amounts of money.

As long as the directors don't do anything stupid, this one has a great future.

chrisse,

I know you asked about sub 1p shares, but if you can manage 8/8.5p PXC is a very good bet (IMHO), it has good cash reserve and fixed costs agreed with Fibernet (who supply the cable/pipe) for the next 23 years!!! That is quite unique I think. PXC will never go up by 50% in a day, but it'll be a gradual move upwards for definite - take a look at the charts for GXN (its previous epic).

skids

Chrissie
ID Data (IDD) also worth a look at 7-8p Involved in the new chip and pin credit cards we are all soon to have. Interims due in a couple of weeks

Also BLLM (who own a large chunk of CYH) which is currently sub 1p, but this will change soon as they are intending to exchange 1 share for 100 soon - but be carefully of the price & make sure you the number you buy have two 0's at the end (ie 00) or could lose the fraction of shares! You also want to try get it at 0.0035 or less at the moment it is possible.

Thanks everyone...food for thought!!!!!

Someone on another bb has e mailed Shares Magazine with full true facts about CyBIT.

chrissie what happened to expect to hear good news soon!!!You seem to have evaded my earlier post of when??and how do you know??or where you just ramping then all your posts will lose creditibility.

also this from another bb;

Like I have said in the past, shares do not go up in straight line. I am probably one of the biggest holders on this bb, and I will not be looking at chipping in until March or later.
One thing I do not have to do any more is research on this company, because I have backed a winner.
Remember half the d*ckheads on the bb only turned up late in the game.
Walk away from your screen and come back in a month or two.

I predict 4 contract rns from now until March and more after, wait and see.

But what do I know?

Again sounds somebody like Chrissie!!!!!!!!!!!

Whatever, we did well to close BLUE on todays trades. It is natural to want a quick BIG profit that is why we are here.

I suspect reality is that will not be so,from what I read this is a good investment that WILL reward the patient in due time, so keep posting its nice to know others are interested lets be positive in this situation I want to be 'blue' better things tomorrow....xfinger :-)) D>

nematode,

If you are suggesting that I am the person that wrote that on advfn then sadly you are wrong. I wish I was him/her they say they own 17million shares and claim to be involved in CyBIT. Who knows they might be.

My "information" comes from a friend who works in the telematics industry (NOT CyBIT). I wish I could tell you all I know but I can't. You're right I probably shouldn't have said anything about things I can't prove and I can only prove it by releasing names of contracts. I'm sorry I was naive, meant no harm. I just wanted to say we have nothing to worry about.

To nematode, little woman and everyone else:
_
One thing to think about. What do you think the chances are of CyBIT being taken over during the first half of 2004???? I would particularly like to hear little woman's views on this as she is both trusted and respected.

Cybit reports 79 per cent increase in turnover for six months ended 30 September 2003; Further developments to Fleetstar-Online and cybitfleet.com technology solutions; Strong growth in indirect business through major partnerships and new reseller initiative


Published in M2 PressWIRE on Thursday, 4 December 2003 at 15:33 GMT



Cybit has confirmed its position as the UK's fastest growing provider of fleet management and telematics solutions with the announcement of its interim results for the six months ended 30 September 2003. During its first six months trading Cybit achieved a 79 per cent increase in turnover over the same period last year, generating a profit and building a strong financial base for the company's continued growth - both organically and through potential acquisitions.

Cybit now has around 450 customers in the UK and supports more than 8,000 fixed and mobile assets with its Fleetstar-Online and cybitfleet.com solutions. The company's volume of business has doubled since the same period last year, with the Internet-based Fleetstar-Online service, in particular, generating substantial revenues for Cybit. With increasing cost reductions now available to customers, the last six months have seen an increasing number of large fleets adopting Cybit technology, and the average number of vehicles implemented per customer growing from eight in 2002 to 24 by the end of September 2003.

"During the first six months of our financial year we've made strong progress, growing business volumes, launching major upgrades to our Fleetstar-Online and cybitfleet.com solutions, and significantly developing our indirect channel and reseller business," commented Richard Horsman, Cybit's CEO. "We've also succeeded in growing our business profitably despite challenging market conditions - and that's largely due to the market's positive response to the improved ROI and competitive advantage that can result from the continued evolution of our telematics technology platforms. Another key development has been the growth in the non-hardware side of our business, with key consultancy contracts from organisations such as AWG, fountains and Ryder, and we'll be looking to build on this growth during the second half of our financial year."

Growth in indirect business Cybit has also increased its focus on the development of new channels to market that will allow the company to accelerate growth and increase market share. The existing partnerships with Lex Vehicle Leasing and Norwich Union have continued to evolve, and the company's initial success with Lex has resulted in a new three year agreement which includes the proposed integration of Cybit's Fleetstar-Online technology into Lex's Interactive Fleet Manager offering. Cybit has also signed a major agreement with one of its key customers, brs Truck Rental, and is now developing a 'white label' version of the Fleetstar-Online solution as an integral element of a brs-branded telematics solution. This integrated solution will be offered as a premium service to both new and existing brs customers.

Cybit has also launched a major drive to recruit telematics and fleet management solutions resellers. Significant reseller contracts have been signed with Vanguard Plc and Signature Industries together with agreements with a number of smaller specialist companies.

Market's most scalable telematics solution In addition to integration with SmartNav off-board satellite navigation, Fleetstar-Online has now been further enhanced to support RAC Trackstar stolen vehicle tracking. The Internet-based solution has also received a number of performance and reporting enhancements, helping to confirm the Fleetstar-Online platform as one of the most scalable solutions of its type available in the market today. In addition, the cybitfleet.com platform has been upgraded with a new reporting suite based on similar capabilities offered with Fleetstar-Online. Cybit has also enhanced the General Packet Radio Service (GPRS) solution within cybitfleet to include two-way messaging. Interest in the GPRS offering is increasing as it allows for the development of cost-effective, real-time tracking applications and the transmission of volume data between vehicle and base over the GSM network.

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.

Thanks for the compliment chrissie. Excellent article nematode.

I can see the directors (with their huge share options) & the larger shareholders (some investment companies) recommending a take over in time. The feeling I get from these two groups are they have plans for the company - whether thats to get it big enough to list on the main FTSE instead of AIM market or as a take over targtet, I don't think they care as long as it's one or the other!

Personally I don't like takeovers. Shareholders are the ones who always come out worse. Yes in the short term you can make a lot of money - but long term you lose all the future benefits and the company doing the takeover usually comes off worse. The only winners are the advisors!

Any guesses for yet another drop today?