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...

They can't hold this price down forever, WITHIN a couple of months it will be a different story. Cybit did very well at the telematics conference and there will be many more contracts to come. The link up with Trafficmaster, imho, is a good thing, they fit perfectly together. If you look at the trafficmaster rns it mentions cybit.

There is a big seller, selling into any rise (apparently ebomber on advfn). If he is to be believed then he should be through selling in the next week or so. I might just add that he has made a big profit on cybit but wants to invest elsewhere for quicker profits. He is still bullish on cyh long term. Personally I think he'll be sorry he sold.

I don't know why the price is being held down but it won't be held down forever, one day (later this year) it will explode! SIT TIGHT!

Still say at least 10p by year end results. But later on in the year, it will be much higher. I can't explain why but we all THINK (because of things I have explained before) that this will be a big year for Cybit.

Bye all, see you after the next RNS......quite soon then...

Bye,Chrissie,as always you're very informative.

Chrissie,

I am here now! By the way I agree they will not hold this down forever. When this does go it will be big time. I hold 19M + LITTLE CYBITS.
Trouble is at the moment this stock is being manipulated, Some one building up a nice big holding?

Bit puzzled about the football. It should be B*C/EE FC under 11s & 12s. uNDER 12S in the Final.

If you have patience then your rewards will come eventually.

Good Luck All.

PS. Dont get personel with Chrissie, everyone is entitled to their own opinions.

I've added another 250k today at 2.965
Keep the faith everyone. . . and keep buying with any spare cash!

We are seeing Blue at last!

Shabba

Before I go why don't you post 190763s recent post on advfn 2871 regarding Norwich Union and Cybit. As a holder you should be pleased.

Chrissie why are the shares languyising despite all these new contracts,surely they should be 10p by now!By the way,do you work for mps????

nematode,

I agree the shares are worth at least 10p on contracts already won and future potential. I don't really understand why we've been hanging around 3p for weeks but I do know it can't go on for much longer. Some say the price is being held down but I don't know why or how this can happen. This is a great company, doing everything right...the shareprice will move northbound very soon.

Can't really say where I work.

Good Luck

Sorry Phil,

I got a bit confused then. I knew it was ***/** not sure why I put the other team. Good Luck anyway.

Of `cos price `ve been held down !! I just put Cyh on my OBV test,and found out that Cyh had been under pros`s distribution pressure for 15 days including
today! unless the accumulation pattern appears again,do`nt expect any big price change.:-)

Snowballroller--could you please explain what you mean? I don't hold the large amounts of the other posters but I'm hoping my small number do well -I will add when I can spare some more dosh! Thanks Chrissie for keeping us posted.

MP,
I think short term price movement depend on supply & demand rules,at the time being,sells group are in control,they keep selling shares of the company,only
sound fundamental of the company pervent its price`s crashing from selling pressure . rgds SBR.

There was a 5m 3p per share issue last year which may trigger quite a few profit takers. So I think it'll take an acquisition to hike the price above that short term. Having re-read last years full year results I think perhaps that is the only thing holding back Cybit - an acquisition/growth news.

Any thoughts?

skids

skids,
Only take a few more big contracts signed,to confirm the company is in growth mode,hence instit. big boy join in the play,then share price should go up with events. rgds SBR.

PS. Even a fastest growing baby can`t turn into a child in a short period of time,people can compare it the same way as/while they invest in a company!

sbr,
agreed. every opportunity to add below 3p is worth it IMHO.
regards
skids

Skids,
I think value is important than price, at this state,3p is a fair value to me,
i rather pay 4.5p@ if signed contracts pile in! than 2p now!! Why? If price suddenly drop that much ,there`re underwater current we don`t know or see,very
bad indeed for the company,like a sick baby,needs attention and take care of!
If the company priced + in 10+ years time,3p,5p...doesn`t matter,does it? rdgs SBR.

Well the reason for the low share price could be that Cybit are about to make an aquisition. And that aquisition could be Yeoman. Although the price has dropped today, this would be a brilliant move by Cybit and explains a lot. Was this the main reason for the placing?