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...

ajren
I sure hope you are right matey, i cant see them dropping further from here but then again i would have said that yesterday morning and the morning before as well.
The results and news of new contracts will hopefully trigger the up side but when will the news come.....how long is a piece of string
Cybit office are still remaining close lipped about either and refuse to confirm the rumours that prelims will be published in november

i aslo want to buy some more, but not sure is it now low enough?

Interesting replies i.e. they might go lower.
1p difference to me is HUGE both ways

After the early morning drop for the 2nd day in the row, they seem to be heading upwards?

ajren,

Why do you have a feeling that the price might go lower?

There are now almost equal amount of buy & sell.

As I can't read ajren mind ----- but the amounts of buy & sell you see are misleading. I think the bid price is rising because the MM want to buy more shares. Which is also why the spread is decreasing - as they want in the short term to keep us buying, so that when they have enough shares, they will increase the spread by raising the offer price and leaving or lower the bid price and make their profit. Off course I could have read what the MM are doing with the prices completely wrong.

Dont forget when the MM buy, we/brokers/other MM sell and when the MM sell, we/brokers/other MM buy.

can anyone confirm(100% sure) the result date?
thanks.

No one can be sure as this company has never announced the date in the past. You'll find out when they post the interim results!

See my post 51 of 77!

lol me thinks its time to start a new thread, entitled, how to read a thread.......at least i can always be assured of a good laugh around here even when my portfolio is heading down the swanny.

My eyes are playing tricks on me surely, i see blue !!!!!!!!

Maybe aj you should have gone with the gut feeling?

Thanks, LW

Looks like a 2% gain on the day, not so bad given the figures for the last two days..lets hope fri brings a further upturn

I hope the following information may help. According to Hemscott:

Next Interim Results are due on 14 November.

The relative strengths are as follows:

1 year + 357%
6 months + 639%
3 months + 374%
1 month + 105%

it seemed still looking good.

Cybit Holdings is a good well managed company with massive potential. Don't worry about the dips, no share goes straight up. If any of you are feeling nervous, just look at the YOO chart and it will make you feel much better.

Dalrymp I think was a little over optimistic, but all his points were valid i.e. massive potential, strong interims and of course CYH is attracting the attention of bigger companies in the telematics industry both here and in the U.S.A. so really anything is possible. I can't see it rising to 40p in the next 2 weeks but 2 to 4 months then who knows? In a years time the price could be much much higher. This company is winning contracts hand over fist. Take a look at Cybit's website particularly the case studies, their products are extremely cost saving.

It's not very often that a company like this comes along. I have looked around at other shares and I can't find anything as good as this.

I quite agree with prpared what you said. No share go stright and I also believe this company have massive potential. It really depend on TIME. I don`t think it will up to 40p in 2 weeks time. But if longer time, it maybe. I also glad that quite lots of different ppl write different comment in this company. Also I believe it rise quickly it also drop quickly. So what we can do is WAIT.

I also got a paragraph about CYH

CYBIT (CYH)
Recent results from a number of UK telematics providers clearly show who has the right business plan and who has not. And Cybit's impressive 2002-03 results indicate it's one of the winners, helped by the launch in May 2002 of its internet service, Fleetstar-Online, to add to its global-positioning tracking system. Cybit reports that it secured 1m of orders for Fleetstar-Online in the first six weeks and, by end-March 2003, more than a third of its customers had switched to the online service. Cybit can also claim one of the most conservative revenue recognition policies - income is only accounted for when a system is installed to a client's satisfaction.

In December, the company bought a Swedish software group for a nominal sum. It offers telematics for company car-sharing. According to Cybit, a car is parked for 94 per cent of its life, so there is massive potential to exploit that inefficiency. UK tax rules have hit the company-car market hard, but there are now growing concerns over letting employees use their own cars for business. So company car-sharing may be the way forward. At its AGM earlier in July, Cybit reported first-quarter sales up from 1m to 2.1m, coupled with a doubled order intake compared with 12 months ago. It believes that its target of breaking into profit this year "remains achievable", helped by recent news of a reselling deal.

ckmtang

Sounds great!

Where did you get your last post from???

IC.

This weeks?