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...

money grabbers in again!!

From the cybit web

Cybit Extends GPRS Telematics Platform with Two-Way Messaging and Management Reporting Tools
Enables cost-effective two way communication between mobile workers and fleet managers
Incorporates real-time location-based tracking and reporting tools
Cybit, the UK's leading supplier of online fleet management and telematics solutions, has launched a major upgrade to its cybitfleet.com open platform solution to enable fleet managers to communicate with their mobile workers at a fixed cost using GPRS (General Packet Radio Service) technology. The new solution includes an in-vehicle terminal that enables drivers to send and receive data messages, such as consignment details, directions or job information without incurring the additional costs or limitations normally associated with SMS messaging. The upgraded platform will also offer improved visibility of vehicles, employees and deliveries with live updates to the customers' web browser every few minutes.

In addition to real-time location-based tracking functionality, cybitfleet.com now has enhanced reporting tools to enable managers to run detailed journey and status reports. This enables managers to generate a range of reports including those for timesheets, detailed historical journeys and exceptions, based on predetermined events such as vehicles leaving a defined 'geo-fenced' area or whether the power has been operated for the vehicle's crane, refrigeration unit or road sweeper brushes.

"The launch of our GPRS-based solution with two-way messaging is a clear demonstration of Cybit's leadership in providing scalable telematics solutions that deliver real business benefits to organisations with mobile workforces," said John Wisdom, Cybit's Sales and Marketing Director. "Currently most systems rely on SMS messaging for two-way text communication with drivers. This can be costly and restrictive. Now we're combining real-time tracking with two-way messaging so companies can exchange larger pieces of information with their employees effectively."

Cybit's GPRS-based solutions are targeted at companies that need regular updates on the position and activity of their workforce in real time, such as transport and logistics companies, couriers and time critical service companies.

Enquiries

Philip Szomszor
IBA - PR for Cybit
01780 721 433
pszomszor@iba-europe.com Sophie Geering
Marketing Manager, Cybit
01480 389100
sgeering@cybit.co.uk


Regards G12

GaryK never look forward to good news! good news post at ID Data confirming positive rumor has sent share price into free fall down 2.6p =15% in 15 mins.!!!:-(((((( D.

Yes but Douggie, who doing the buying? The MM's, thats who!

While they're shaking the tree, all the loose "Nuts" (hey, thats a good word!) are falling off and the MM's are bagging their shares.

Read the company not the trading.

Thats my opinion :)

A nice 4,000,000 late buy just gone thru.

what does the "T" stand for on the trades and how can you buy shares after the stock market closes at 4.30pm, please educate me, thanks cashcaptain!!

I hope the 4,000,000 was a buy but I think it may have been a delayed sell, hence the dip before the end. The short term problem we have is that one large investor, (ebomber on the advfn bb 20,000,000 shares) who has already made a fortune, has declared that he is selling out. I'm not sure if it's games or not, but if not, then it could be him that's holding us back. Having said all that if we get news then nothing will hold us back. Plenty of buyers waiting to jump in.

Also, a lot of chartists out there did say yesterday, that it would dip again before shooting up! Let's hope today was the dip!!!!!!!!

T is used for when reporting a protected transaction trade.

protected transaction = large trade going through the market declaration is delayed until the order is complete (buy or sell) to minimise volitility of underlying share price

Another crap start to the day

hi,prepared,
refer to your post about the guy who say he/she had 20 millions to sell and out of position, he/she is not a trader any way,(if so,the guy is a C-- grade trader,doesnot worth following)but why on earth he/she has
to sell out at 3 pence(reasonable base level) as an investor ??? IT IS ABSOLUTELY RUBBISH TALKING! Don`T believe any word of it. rgds SBR.

my reading/interpreting of the chart IS "calm before the storm",any one agree?
any way,i just top up my holding in this company, total holding approaching 500K shares very soon. rdgs SBR.

You're probably right where ebomber is concerned.

Re charts... would that be a good storm or a bad storm? Someone mentioned a cup and saucer on the other side...is that good?

Those charts are for CMS Webview, this thread is for Cybit, but i agree it would be silly to sell now.

Sorry,guys ,i `ve been watching the two companies at the same times ,so got the chart mixed up, but my comment is for the CYH only at the time being. SBR

And I agree with you snowballroller. Cybit is worth hanging onto.

Anyone seen our miss "i know for a fact there will an RNS next week".

God it's been a long time waiting for this contract, I hope its worth it.

Trying to keep my finger off the sell button.

SW

I was hoping you (Still Waiting) would have had to change your 'Nick Name' by now, seems like you get to keep it a little longer! :O(

The telematics conference/exibition is on 28th January and I am hopeful we will have some news before then.