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...

And the RNS from 9th.

Appointment to International Operations Team
Cybit Holdings plc ("Cybit" or the "Company") is pleased to announce the appointment of Colin Cartwright to its operational management team as Director, International, heading the company's International expansion. Initially, Sweden, Germany and Holland will be targeted, building on the company's earlier acquisition in late 2002 of Drive-IT Systems AB - one of Europe's leading players in the car sharing market.

Colin brings extensive senior management experience in the telematics, communications and electronics sectors to Cybit. He was previously Operations Director for Global Telematics, now part of Thales, where he gained knowledge in both the telematics sector and the particular demands of UK and international fleet management operations.

Prior to that Colin was an executive director at European Telecom plc, at the time one of the fastest-growing companies on the UK stock market, holding the positions of Group Operations Director and International Managing Director. In this latter role, he was responsible for growing the company's international operations from zero to a 100 million operation in just five years.

During the late 1980s and early 1990s, Colin was Managing Director for two leading consumer electronics brands - Bose UK and KEF Audio. At Bose he was instrumental in adding a consumer business to the company's professional audio operation, while at KEF he was responsible for restructuring the business and developing new international routes to market for KEF's loudspeaker products.

Commenting on the appointment, Richard Horsman, CEO of Cybit said:

"Our strong growth in the UK has given us an excellent platform and a strong model for expansion into Europe. Colin's proven experience in driving the growth of international operations, and his experience at European Telecom, will allow him to make a positive contribution towards the company's continued development.

"Our initial experience in key markets such as Sweden and Germany shows that there's an equally strong appreciation of our cost-effective telematics technology approach, and we're confident that under Colin's direction Cybit can now replicate its UK success in Europe."

Enquiries

Jonathon Brill/Charlotte Kirkham
Bell Pottinger Financial
020 7861 3232

chrissie thanks again, you,r good company nice to have you hold my hand, again blue chritmas, and a happy blue year to all. D. ;-))

Can anyone tell me what "RiskGrade: 622" means?

nematode

No bad feeling at all. I do understand and I'm as dissapointed as everyone else but I'm honestly not a bit worrid about the future.

All

I still haven't heard anyone say anything bad about CYH except that it may be overvalued because it has come too far too fast. But this company is winning contracts on a regular basis and could be re-valued at anytime. The placing was oversubscribed @3p. So who do I believe, analysts who's jobs are dependant on the correct advice and who are paid a huge amount to research the future potential of a company and then advise an investment of 5 million pounds or poxy Shares Magazine? Lets see what they have to say after year end results!

I'm going away tomorrow for a couple of weeks for Christmas (Plymouth not the Bahamas) and as I'll be a guest in someone's house I don't suppose I'll be able to post on here for a while.

Try and relax and have a good Christmas. I feel my money is safe at the very least and by March I will be dissapointed if I haven't at least doubled my original investment. All IMHO and always DYOR. CybIT is a great PROFIT MAKING company with a very strong management team that hasn't put a foot wrong and telematics is the future.

Right, that's it then, when the shareprice hits 10p lets all meet up for a drink.

Merry Christmas and a Happy New Year to all Cybiters.

Chrissie, your so positive its infectious!!! Have a cool Christmas in Plymouth :o)

very best wishes chrissie, you,l be much missed around here. oh yes the car.. will pass away chritmas playing eeny meeeny miny mo with a selection of luxury jobs only hade basic (mainly vans) c/o company so far, I dont dpubt I will have something very nice for spring ...and not on credit.

Merry Christmas Chrissie and a "prosperous" new year.

G12

Forgot something...

Re appointment of Colin Cartwright "He was responsible for growing the company's international operations from zero to a 100million operation in five years".

The two recent appointments are quality, aren't they? Just wait 'til they get to work!!!!

That's it! Good Luck All!!!!!!!!!!!!!!!

Well Trafficmaster is having a good day today, Can only be good for cybit?

I have started reading this thread. Bought Cybit back in 1999 or so, at about 4p, after a suggestion by Michael Walters. Also bought Billam, who owned 25% of Cybit's shares I think. Added more Cybit when they went to almost 4p recently, and now of course nursing a loss. But the very fact that they have survived the tech crash makes me think they may have a future. Lots of good info about the company on this thread; thanks, guys and gals - especially the gals.

As the share issue was 'oversubscribed', this means that the institutions that wanted some CYH at 3p (but couldn't),.... will now have to buy them on the open market !
Its VERY reassuring to know that 'blue chip' institutions are ready to pay 3p despite the fact that it has only recently just reached/passed this price.
This why I reckon these have pulled back hopefully, for the institutions to jump aboard.

Nice 1,500,000 buy 16.39 @2.70

1.5ml buy nice:o) only me averaging down;;!!

The view is backed by Richard Hordman, chief executive of telematics firm Cybit, which develops commercial GPS services. "The telematics industry needs standardisation and access to congestion data so we can develop commercial services like traffic management and in-car navigation systems. If this isn't done there is a danger that we end up with up to three separate devices in vehicles for navigation, charging, and fleet management." He believes the GPS solution will fail if there are not enough added features, such as navigation and reporting features.

sorry here is the whole article,

Navigating road charges

Research suggests the public is warming to the idea of congestion charging nationwide and locally, but what is the best technology for the task? Ken Young reports

Thursday December 4, 2003
The Guardian

London's mayor Ken Livingstone may have reduced traffic congestion with his congestion charge, but what does it mean for the rest of the country?
According to research commissioned by IBM and conducted by Mori, the public is more positive about congestion charging than many believe. The report found that 61% supported the idea for large towns where there is major congestion, and 51% supported a national road pricing scheme - if introduced in tandem with lower car tax and fuel duties.

The government is committed to reducing congestion through what it calls road pricing, but remains undecided about how to achieve it. Alistair Darling, the transport minister, is said to be looking at all options, including a nationwide system tracking all 22m road users.

The chairman for the Commission for Integrated Transport (CfIT), Professor David Begg, kicked off a heated debate in February last year, when he delivered a report to the Department of Transport that proposed a nationwide GPS (global positioning system) satellite tracking system working in conjunction with GPRS (general packet radio service), the digital mobile phone network. A GPS is able to track vehicles wherever they go and doesn't need to use roadside masts .

The system would charge users based on the miles travelled on congested sections, using variable pricing designed to make congested periods most costly. But it only works if all vehicles are fitted with tracking devices, adding considerable costs.

To make it more acceptable to the public, CfIT, an independent body set up by the government to advise on transport policy, proposed that road tax and fuel duty be dumped in favour of nationwide congestion charging - a "revenue-neutral" option.

Since the report, the Department of Transport has set up a steering group to look at the feasibility of road pricing options, which will report next summer. But the debate has an urgency now that Customs and Excise (working closely with the department) has completed consultations for the nationwide lorry road user charging (LRUC) system, which it plans to implement for 500,000 lorries by 2006. It is looking closely at the GPS satellite option and the land-based system known as directional short range communications (DSRC). This uses in-car radio tags that signal driver movements to roadside beacons or overhead gantrys.

The GPS option has received a further shot in the arm with the publication of a report last month by the Institute for Public Policy Research (IPPR), which focused on the government's targets for reducing carbon dioxide emissions. It concluded that a GPS satellite system was the most likely option for a national road charging system. But contrary to CfIT, it believes a new scheme should raise 16bn if it is to have a significant impact on reducing congestion.

Meanwhile, London's congestion charging system is approaching the end of its first year of operation. Run by IT services firm Capita, it has attracted supporters and detractors equally. In its first six months, it reduced congestion by 30%, and 60,000 fewer cars enter the inner zone each day. But it is predicted to be 60m short of its yearly targets while 85,000 fines (20% of those billed) have been sent in error. London's relatively simple scheme uses cameras to check the number plates of cars entering its congestion zone.

GPS has gained a foothold with a number of trial projects: Zingo, a taxi hailing system in London; Yorkshire bus operators' 9m system to provide centralised travel information; and Norwich Union's pay-as-you-drive insurance system. But proponents of GPS have been dealt a blow with the news that a nationwide system for truckers set up in Germany this summer has been postponed because it did not work, despite costing over 450m. Problems included faulty on-board GPS units, inaccurate charging or simply no charges where they were due. Internet payments for foreign truckers without GPS units also failed to work properly.

John Dawson, a partner of IBM Business Consulting services, says this experience highlights the need for action. "The government must focus on defining standards for a national approach to road pricing and look towards developing a common national infrastructure that will allow different technology to interoperate."

The view is backed by Richard Hordman, chief executive of telematics firm Cybit, which develops commercial GPS services. "The telematics industry needs standardisation and access to congestion data so we can develop commercial services like traffic management and in-car navigation systems. If this isn't done there is a danger that we end up with up to three separate devices in vehicles for navigation, charging, and fleet management." He believes the GPS solution will fail if there are not enough added features, such as navigation and reporting features.

Which technology will the department favour, if a nationwide approach is taken? Professor Begg admits concerns remain over reliability, privacy and inequalities of those in the country paying less than urban users. "I think the government will want to heed the need for a standard approach and one that fits into European initiatives on road pricing technology."

"GPS is very much alive," says Phil Jeanes, a senior consultant with PA Consulting Group. "Even Transport for London is looking at GPS as a possible option to extend the charging zone and make it more targeted. The department of transport is producing plans to safeguard data. Over time I think it will be seen less as a 'spy in the sky' system as benefits become more apparent."

The department has said that any technology for charging will not be available at least until 2010. Consequently, a patchwork of solutions is perhaps most likely in the short term.

should post 662 be good news for us?.... got blue stater for .10 :-))...going to be a great week for all imho...except Sadam hooray !!!

yes - it is good news.

It means that people (& companies) will need lots of technology in their vehicles to cope with all this - technology build by CYH

thanks little woman :-))