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...

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.

Looks like chrissie was right! Deals do take a while to complete.

WAKEY WAKEY EVERYONE.......WE HAVE NEWS!!!!!!!!!!!!

Company CybIT Holdings PLC
TIDM CYH
Headline Contracts
Released 07:00 23 Jan 2004
Number 5536U



RNS Number:5536U
CybIT Holdings PLC
23 January 2004

23 January 2004

CYBIT HOLDINGS PLC ("CYBIT")

CYBIT ANNOUNCES NEW CONTRACTS



Cybit Holdings PLC ("Cybit") is pleased to announce new contracts worth at least
325,000 with an expected expansion value of a further 500,000 in revenues over
the lifetime of the deals.

Cybit has secured a contract with Marshalls plc, ("Marshalls"), the UK's leading
manufacturer of landscape materials for the construction and home improvement
industries. Under the agreement, Cybit will supply and install its GPRS-based
telematics solution into Marshalls' 150 strong fleet and its primary
subcontractors, with ongoing technical support being provided for 5 years.
Cybit's technology provides Marshalls with the capability to significantly
improve the efficiency of its 35 million distribution business.

Cybit has also signed contracts with Associated British Nutrition &
Agri-products Limited (ABNA), the Agriculture Group of Associated British Foods,
marking its move into the lone worker solution market. Initially the deal will
equip 50 of ABNA's mobile workers with Cybit's HiPer portable telematics
devices, with the intent for a further 150 units. Cybit's telematic based
solutions will help ABNA provide a duty of care to its mobile employees when
working in remote areas.

Richard Horsman, Chief Executive of Cybit Holdings PLC, said:

"These groundbreaking deals further strengthen our market leading position
within the telematics industry. Marshalls is representative of a number of
projects where we are delivering enhanced customer value through integration of
telematics information with back office applications. The ABNA contract combines
Cybit's expertise as a Telematics Service Provider with specialist 24-7
emergency response services delivering duty of care compliance for field based
lone workers.

"These new contracts demonstrate the versatility of Cybit's telematics portfolio
and our ability to assist our customers in the implementation of cost management
and corporate governance solutions within an increasingly complex business
environment."



For more information please contact:

Bell Pottinger Financial

Jonathon Brill/Charlotte Kirkham Tel: 020 7861 3232

beat me to it

G12

I think Cybit has a lot further to go. The first snippet of RNS is not a reason to off load. Remember March - Full Year Results.

Nice to see a bit of action

a big fight between Bull & Bear today,very interesting.

Good news from the company today! have a good weekend all.

If only chrissie was here.She knew it all along.Wait for weekend coverage and then away we go on Monday.Idiots who sold today will regret it!!!

nematode... Get a life, you shouldn't need Chrissie. Only thing she knew is theres plenty of gullable idiots like you.

does anyone think that cybit will go up anymore next week? or is it time to sell, sell, sell!

Sounds like somebody sold out !