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 eyes are playing tricks on me surely, i see blue !!!!!!!!

Maybe aj you should have gone with the gut feeling?

Thanks, LW

Looks like a 2% gain on the day, not so bad given the figures for the last two days..lets hope fri brings a further upturn

I hope the following information may help. According to Hemscott:

Next Interim Results are due on 14 November.

The relative strengths are as follows:

1 year + 357%
6 months + 639%
3 months + 374%
1 month + 105%

it seemed still looking good.

Cybit Holdings is a good well managed company with massive potential. Don't worry about the dips, no share goes straight up. If any of you are feeling nervous, just look at the YOO chart and it will make you feel much better.

Dalrymp I think was a little over optimistic, but all his points were valid i.e. massive potential, strong interims and of course CYH is attracting the attention of bigger companies in the telematics industry both here and in the U.S.A. so really anything is possible. I can't see it rising to 40p in the next 2 weeks but 2 to 4 months then who knows? In a years time the price could be much much higher. This company is winning contracts hand over fist. Take a look at Cybit's website particularly the case studies, their products are extremely cost saving.

It's not very often that a company like this comes along. I have looked around at other shares and I can't find anything as good as this.

I quite agree with prpared what you said. No share go stright and I also believe this company have massive potential. It really depend on TIME. I don`t think it will up to 40p in 2 weeks time. But if longer time, it maybe. I also glad that quite lots of different ppl write different comment in this company. Also I believe it rise quickly it also drop quickly. So what we can do is WAIT.

I also got a paragraph about CYH

CYBIT (CYH)
Recent results from a number of UK telematics providers clearly show who has the right business plan and who has not. And Cybit's impressive 2002-03 results indicate it's one of the winners, helped by the launch in May 2002 of its internet service, Fleetstar-Online, to add to its global-positioning tracking system. Cybit reports that it secured 1m of orders for Fleetstar-Online in the first six weeks and, by end-March 2003, more than a third of its customers had switched to the online service. Cybit can also claim one of the most conservative revenue recognition policies - income is only accounted for when a system is installed to a client's satisfaction.

In December, the company bought a Swedish software group for a nominal sum. It offers telematics for company car-sharing. According to Cybit, a car is parked for 94 per cent of its life, so there is massive potential to exploit that inefficiency. UK tax rules have hit the company-car market hard, but there are now growing concerns over letting employees use their own cars for business. So company car-sharing may be the way forward. At its AGM earlier in July, Cybit reported first-quarter sales up from 1m to 2.1m, coupled with a doubled order intake compared with 12 months ago. It believes that its target of breaking into profit this year "remains achievable", helped by recent news of a reselling deal.

ckmtang

Sounds great!

Where did you get your last post from???

IC.

This weeks?

i can`t remmeber, i just typed it company name and getb it

Thanks ckmtang

Investors Chronicle 26thSeptember'03

ic... so it is a bid outdate sorry.

ckmtang

Not at all, I found it very interesting.

I hadn't actually seen it as I only bought into CYH a few weeks ago when my
broker recommended them.

Hopefully we should be back in the IC or Shares Mag soon, under the heading STRONG BUY!!!!!!!!!!!!

CybIT Holdings PLC
07 November 2003


Cybit Holdings PLC
('Cybit' or 'the Company')

Placing and Additional Listing, Change of Nominated Adviser and Broker

Cybit today announces that 166,666,667 new ordinary shares of 0.1p each have
been conditionally placed with institutional investors and one private investor
at a price of 3.0 pence per share. Once completed, this placing will raise
approximately 4.85 million net of expenses for the Company.

These 166,666,667 new ordinary shares of 0.1 pence each will rank pari passu
with all other ordinary shares now in issue. Application for these new shares to
be admitted to trading on AIM has been made and admission is expected to occur
on 12 November 2003.

The net proceeds of the placing, which was oversubscribed, will be used to
reduce the Company's reliance on factoring, increase its working capital
facilities and further expand the business.

The placing is conditional upon admission of the new shares becoming effective
on or before 12 November 2003 (or such later date as the Company and KBC Peel
Hunt Ltd may agree, being no later than 17 November 2003).

Following admission, the enlarged issued share capital of the Company will be
985,211,017 ordinary shares of 0.1p each.

The Company also announces that KBC Peel Hunt Ltd has been appointed as Cybit's
nominated adviser and broker with immediate effect.

Richard Horsman, chief executive of Cybit, said:

'We are delighted that the consistent progress we have made with the business
over the past 18 months has allowed us to attract a number of 'blue chip'
institutional investors to our shareholder base. The funds raised from this
placing will allow us to accelerate our growth plans in a number of areas and
assist us as we look to further develop our recurring revenue based business
model.'

malc

beat me too it malc
thanks for posting
N

Placing and Additional Listing, Change of Nominated Adviser and Broker

Cybit today announces that 166,666,667 new ordinary shares of 0.1p each have
been conditionally placed with institutional investors and one private investor
at a price of 3.0 pence per share. Once completed, this placing will raise
approximately 4.85 million net of expenses for the Company.

These 166,666,667 new ordinary shares of 0.1 pence each will rank pari passu
with all other ordinary shares now in issue. Application for these new shares to
be admitted to trading on AIM has been made and admission is expected to occur
on 12 November 2003.

The net proceeds of the placing, which was oversubscribed, will be used to
reduce the Company's reliance on factoring, increase its working capital
facilities and further expand the business.

The placing is conditional upon admission of the new shares becoming effective
on or before 12 November 2003 (or such later date as the Company and KBC Peel
Hunt Ltd may agree, being no later than 17 November 2003).

Following admission, the enlarged issued share capital of the Company will be
985,211,017 ordinary shares of 0.1p each.

The Company also announces that KBC Peel Hunt Ltd has been appointed as Cybit's
nominated adviser and broker with immediate effect.

Richard Horsman, chief executive of Cybit, said:

"We are delighted that the consistent progress we have made with the business
over the past 18 months has allowed us to attract a number of 'blue chip'
institutional investors to our shareholder base. The funds raised from this
placing will allow us to accelerate our growth plans in a number of areas and
assist us as we look to further develop our recurring revenue based business
model."

For more information please contact:

Bell Pottinger Financial
Jonathon Brill/Charlotte Kirkham 020 7861 3232

KBC Peel Hunt Ltd.
Oliver Scott 020 7418 8900

It's a pity they didn't offer it out to the shareholders - but I supppose that would have cost too much!