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...

Has anyone else seen the write up for CybIT in the Aim & Offex Newsletter (Page 8, Issue 104, Aug 2004)? Just got in and am about to digest it. There's also a buy recommendation for Billam!
IN

Briefly from page 1: The NAV for Billam has fallen 12.9p, over a year, they say due to the performance not being reflected in CybIT's share price. They reckon CybIT is due a re-rating. Billam is rated a buy.
From page 8 (The CybIT bit): There is a fairly comprehensive write up about the company and its products, as well as the financial bits and partners.
Briefly, company budgets are expanding again, so it's a good time to look at their (CybIT's) sector. CybIT's products will form significant revenue streams in the future.
KBC Peel Hunt forecasts revenues of 8.3m and a loss 0.7m because of a change in the revenue recognition policy, which will ultimately lead to greater underlying profitability and cash generation (long term). For 2006 sales expectations are 12.5m and profits of 0.1m (sounds a bit conservative to me).
That's about it, I think. For the full Monty try www.redskyresearch.com they have a free trial bit, as far as I can remember.

Sorry, I won't paste. It's a bit unethical and unfair to other subscribers.
IN

thanks ironnick ;o]

One to put away and not worry too much about. Get it out again next year.

3 odd million buys and not a bat of an eyelid on the price !!!
what`s that all about

Is anyone going to speak or is every that taken back at the rise!

:o|

Like i said above will be suprised about any big (35%) movement up or down for quite a while now. Most of us been following this thread for 6 to 12 months now and no better off, need to wait for better news then we'll be back.

;-\.......... /-;

I don't think I realy want to know the ans.
stockwatch has close 1.64p
charts say 1.54p ????????????? ;-/

Looks like we'll be kissing bottom again soon..Ugh!!!!!!!!!!!!!!!!!! ;-/

;-\/-;
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.
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15/08/04
Sunday paper write up,

The Business


VEHICLE telematics business Cybit Holdings creates systems for satellite navigation, fleet management and mobile workforce tracking. Last year it moved into the black and is slowly expanding into Europe, winning a first contract in Germany. Buying now at 1.52p could reap long-term rewards.

and one more from Independent

Private Investor: Sally White's short-term summer punts are CHACO
RESOURCES, GAMING INSIGHT, AURUM MINING, CYBIT, DESIRE PETROLEUM, RAGUSA
PETROLEUM, GALLAHER, STANDARD CHARTERED, LAND SECURITIES, GUS, BOC -
Company Spotlight

This is weird, loads buying and loads selling. I just do not understand why someone would want to sell while clearly at the bottom. Oh well your loss not ours (holders).

Kivver:

Firmly dug in here. I tend not to watch that much and agree with your comments 100% - Our turn will come, without a shadow of a doubt! - If only I could have been blue with my Minmet holding, I would of sold them and been buying more CYH at these prices.

Good luck to all holders.

NF

Is CyBit an interested party in the ongoing testing by Norwich Union on Volunteer drivers for the Pay as you drive Motor Insurance. Seems like a good idea and if it catches on CyBit products will be in demand.

Rumour has it that it is IBM that's involved

BBC news 24 this morning talked about Norwich Union running a trial with drivers willing to have a 'black box' installed in their car to monitor their driving and charge their insurance according to the miles covered and route taken in a monthly bill. Follow up interviews talked about this being the future for the way we are charged car insurance. Was it not NU that Cybit had linked up with - can't remember myself.