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...

Douggie - it was doing fine until you showed up again :)

:-|

ptholden

Didn't get much help in reply to my post 2375. For a company which is making clear progress, particular in partnerships such as Lex and Norwich Union, has moved into profit and has conservative accounting policies, it is difficult to see why the price has ramped down for nearly a year. Why did it get so over-cooked a year ago? Is there a fear that the change in accounting policies (which delays taking profits on contracts) will hit the figures this year? But this means steadily growing profits in future years as any new business adds onto brought forward rentals. I can understand people losing patience but they appear to have leading-edge technology, operate in a sector which is moving into its main growth phase, have a good customer base including initial European customers, plus sound management. What do you expect from the interims? Seems a reasonable expectation that these should move the p/e expectation up (although last year helped by tax rebate) and thus the price.

Eric, somewhat puzzled, but sensing an opportunity!

Eric,

This one has been on my back burner for a while and I've lost a bit of interest, but I believe the falling SP was more to do with lack of news and progress over the last six months or so. As I am sure you are aware, no news, particularly with small caps usually means a drift in the SP. They were probably oversold at the peak and were, as is often the case the subject of an immense amount of posts on various BBs helping to ramp them up. However, whilst the SP has drifted the management have clearly been beavering away and we are now beginning to see the fruits of their labours in new contract wins. Personally, I think we will see a steady increase in the SP now, but probably no explosion. Unless, of course they can come up with some real mega deals, but that would be the same for any company.

Regards

PTH

Interesting job ads on the website!

Norwich union site update.

http://www.norwichunion.com/ebroking/products/commercial/commercial_motor_fleet

http://www.norwichunion.com/ebroking/products/commercial/commercial_motor_fleet_telematics_benefits.htm

http://www.norwichunion.com/ebroking/products/commercial/commercial_motor_telematics_literature.htm

Mourning all here we go again RED RED RED in freefall ?????????????? !!

:o[[

another buying opportunity

Why all the morons feel the need to sell out this morning at such a low price is beyond me...

Jeez, hold on to them for more than 5 seconds and we might just break 2p!

So !! whats the bad news that trigered todays sells ???????????????????????

;o[[[[

At face value, looks like selling volume outweighed buys by 2,500,000. I bought 100K as an exploratory tranche at 1.575p at 15:27; this, of course, is shown as a 'sell'. So the sells from 14.33 should include 6 buys of 660,000. The 2.5m 'sell' at 16:41 could be a buy (1.552, about midway between adjacent buys and sells). It seems that the actual spread from 14.30 was 1.51 to 1.58, less than 5%. OK, that means the mid-price was lower at the close, but there seems to be a good two-way traffic. I can understand that readers are feeling frustrated at the lack of effective news. I suspect people do not know what the impact is of their conservative approach, which delays the financial impact of new sales. However, once the sales value is known, analysts will be able to project a revenue flow so I would expect there to be an imapct on share price.
It would be helpful if a reader with access to volume and signal history could post it on the bb. What triggered the jump last October? The interims were in late Novemebr last year - is this year's date known? That may be the key date for the price to get moving and will allow time to top up.

Eric

Eric

Eric,

I believe the jump last year was triggered by positive news flow, deals signed with Vanguard and Lex Vehicle Leasing; City Equities also disclosed a holding. My best guess is that CYH will rise on further contracts, but you don't need to be a rocket scientist to work that one out!! Good luck with your latest investment.

Regards

PTH

;-|..........

Not a good start to the day. If only it was WHOG!

RED again ?????????????????????? !!! ;o\

Reading Material: Posted by Quinan on BB competitor.

Managing occupational road risks using 'telematics'
Insurer launches fleet package incorporating in-car technology
In-car wireless technology is set to revolutionise the way occupational road risks are managed, the UK's leading insurer said today.
Norwich Union announced it was launching Britain's only fleet insurance product based on telematics systems. Telematics is a generic term describing wireless technology capable of logging and transmitting vehicle data, including its location, by using a global positioning system (GPS) and computer networks.

Telematics systems are already familiar to most vehicle users in the form of satellite navigation or security tracking devices, however for fleet managers the technology is capable of offering streams of useful data to manage both efficiency and safety.

Data identifying poor driver behaviour or fleet inefficiencies can be gathered, and further analysis can identify risks such as the most dangerous routes or times of day. Telematics systems can also help with post accident investigation.

Norwich Union's 'Fleet Telematics' insurance product - available via intermediaries from October 4 - is designed for fleets that currently have, or are planning to have, telematics devices installed. The idea is to use a combination of telematics data and insurance claims information to help fleets manage their occupational road risks and to potentially reduce premiums.

Unique product
Risk experts from Norwich Union Risk Services will work with fleet managers to analyse telematics records, as well as their claims history, in order to agree a set of 'key performance indicators' (KPIs), which if achieved would result in a premium rebate.

Fixed price insurance cover over two or three years, as well as "best practice guidance" on running a fleet of vehicles including compliance with safety and legal issues, will also form part of the Fleet Telematics package.

Mark Keavney, Norwich Union's commercial motor product manager, said: "As the largest fleet insurer in the UK, we have used our experience and understanding of the fleet market to design this market-leading product."

He explained how the launch followed a year-long pilot study in partnership with Cybit, one of the UK's leading telematics providers, involving several of Norwich Union's current fleet customers.

"The key objective was to better understand how telematics data could be used to improve fleet management and to help us define this unique product."

He added: "What makes this product unique is its combination of vehicle usage data and a fleet's individual claims information. This means that we will be able to offer truly bespoke and relevant risk management advice, specific to the fleet in question to help them manage their occupational road risks."

Dramatic impact
Norwich Union Risk Services fleet risk specialist Bill Pownall, told us: "Telematics systems have already provided many fleet managers with a quick win by helping them control driving time and fuel efficiency.

"But these systems are also extremely useful in identifying high risk drivers, unauthorised behaviour and situations where accidents are more likely to occur. Used effectively, telematics can have a dramatic impact on fleet safety."

Initially, the full benefits of 'Fleet Telematics' will be available to those fleets using Cybit telematics systems. Norwich Union said it would be considering additional fleet telematics providers over time, but added that any future approver supplier technologies would need to meet the "required high standards".

The insurer is keen to utilise emerging vehicle technologies for the benefit of its customers. It is also currently running a two-year pilot with 5,000 of its private car customers using telematics devices to look at when, where and how often they drive, with a view to providing Pay As You DriveTM* insurance premiums.

At today's launch of 'Fleet Telematics' Mark Keavney said: "This is simply the latest development from Norwich Union that uses the application of telematics information, and we expect that in the future we will be able to offer an even more extensive range of telematics-related services to the fleet market."


* Norwich Union Insurance is licensed under European patent application no.s 97904096.1 and 01303501.9 by Progressive Casualty Insurance Company, USA and is proprietor of European Patent (UK) no 0700009

thought everyone had defected from here, why would'nt they ???

still holding and hopeing.....


with so much good info. comming from Cybit why is the price here again,looked good for 2p last week

I'm still in on this one as well Douggie. The list of resellers on th Cybit site is increasing.... I think the potential in Europe is quite exciting for CYH too. Afterall they only have about 58 employee's and are starting to recruit more already. I still believe this minnow could be worth much more than its current MCAP.

skids

I have bought CYH four times and every time the trade has shown as a sell. Whilst this does not effect the underlying poor state of the share price it is just a little confusing when trying to assess trading levels

I agree willfagg. I mostly ignore the sell/buy indicator now as it is pretty useless as an indicator. Its going to take time for little CYH I think, but its a good sound company with very good prospects. Not one to watch day-by-day I feel.

skids