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...

Old release (july/july) from company indicated new product innovation with NU so it's very likely to be conected ?

We're already working with major organisations such as Norwich Union, Lex Vehicle Leasing and brs Truck Rental to provide them with the core telematics technology they need to add incremental value and innovation to their existing applications and solutions," he continued. "With Cybit OpenAPI, businesses can now introduce entirely new products and services based on our raw telematics data feeds."

Yes it was NU

http://moneyam.uk-wire.com/cgi-bin/articles/200408030700145321B.html

Thanks chaps - found this on the BBC website, all looks very promising.

http://news.bbc.co.uk/1/hi/magazine/3574010.stm

Have a look
http://www.iii.co.uk/investment/detail/?type=discussion&code=cotn%3ACYH.L&it=le&id=2586427&action=detail

rampage,

could see the article in question as it prompts for authentication!

skids

"pay as you drive" is nothing to do with cybit,its IBM controlled,
basically as i see it "pay as you drive" is for the average joe public i.e., cars
cybits contract with NU(still to be anounced) is for fleet veichles and small businesses and the potential is to tap into the 700k to 800k businesses that insure with NU.


About Norwich Union
Norwich Union is the UK's largest insurer. In general insurance it is more than 1.5 times the size of its nearest competitor, and has a 19 per cent share of the market.

It has a focus on insurance for individuals and small businesses. It insures:

one in five households
one in five motor vehicles
more than 700,000 to 800,000 businesses

this took some finding..no comment for a week nowt to say it's true

well I see blue!

This is just bloody annoying now ! I'm sticking this in my 'Come back in 2 years draw' !!!

ouch!!! I hope I live long enough to get out even ...!

disapointing end to a week when someone tried 3x to get price up 1.5 1.52 & 1.5p still no investor confidence it would seem
happy long weekend all maybe next week xfinger ;o\

mourning ... new bottom found?

Up and away--blue today!! smile Douggie!

Buy Cybit Holdings @1.4p argues AIM and OFEX newsletter, out today.

Bloody hell ,something positive

:))

The full tip write-up from the AIM and OFEX newsletter has been posted to the ADVFN board. A bit un-ethical, but there you go.

ironnick

Also got the same tip in my email this pm from UK-Analyst. Its free to subscribe and you get regular tips from them via email.http://www.uk-analyst.com

Have you picked yourself up of the floor yet Dougie ???

G12 ;))

I think he's still out !
;0)

Thanks Sutre