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...

So no-ones really expecting a rise of 4p+ then?

A late trade went through at 17.33 at mid price 2.7 1.750,000

I guess we'll find out whether it was a buy or sell tomorrow morning. I reckon a buy. Any ideas anyone?

I'd be very interested to know, Level 2 anybody?

blakester,

I do think this share will be above 4p by next results. But my point is it won't take a huge order to get the price up again. Obviously another ?3m deal will send the price even higher. Time will tell how many deals Cybit can grab in the next 6mth+. In short I'm in until at least March'04 because thats when the real benefits will be seen.

cheers
skids

Does anyone know if the following news will aid Cybit? Does Cybit produce or supply services for Trafficmaster and or the Trackstar product?

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Nissan and Mazda sign up for Trafficmaster product
AFX
Trafficmaster to supply its Trackstar stolen vehicle tracking product to the carmakers


Trafficmaster PLC, which supplies digital traffic information and telematics services, said it signed agreements with Nissan Motor Co and Mazda Motor Corp for its Trackstar stolen vehicle-tracking product.

The product, which is marketed as RAC Trackstar, provides 24-hour protection and enables motorists to track the location of their vehicle, if stolen.

Nissan Motors (GB) has selected RAC Trackstar as the only approved stolen vehicle tracking system for the Nissan 350Z, Trafficmaster said.

Trackstar has also been nominated as Mazda's only approved tracking system for the recently launched RX-8 model and will be rolled out as an approved optional accessory across the entire Mazda range in early 2004.

Last chance to buy at under 3p?

Why do you say that OB?

Significant appointment today for Cybits move into Europe. This stock has been a constant faller lately as u may have noticed! Surely this has been overdone.
The news today + even a small contract win should see us hold well over 3p level

Agreed OB. Hopefully your right that today may be the start of the push up. Albeit I'm not in a hurry to take profit. Next year will bring bigger contracts (IMHO) and higher profits.

Hi Orange Blob,
I stopped posting on this thread.However,I read the entire news item and
it appears to me to be Exceptionally Good News.rgds aj

Strange!

What is?

Last chance to buy under 3p was mentioned today and we are back to where we kicked off this morning "with in reason".

G12 :)

G12,

There is definitely something going on here. Perhaps their a take-over target?

Who knows?? I am in for the med/ long haul anyway ,so i dont know why i sit here looking at them daily!!
Me still thinks 3.5 / 4 before christmas (This year)

G12 :)

Looks like we will finish in the blue for the first time in a while!
Fingersx for tomorrow.

:)G12

g12,any news from the company????

For anyone who hasn't seen it...read the new appoinment news on CybIT website. It goes into quite a bit of detail and makes interesting reading....we have no worries!!!!!!!!!!!!

I know and you know but will the city agree?????