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...

Bid 2.65 M/M taking the yellow water!!

and the spread is now a tad bigger too.

just a thought but with the OFFER not dropping below 2.75p could it be that Billam are selling a chunk at an agreed price...it has been a while now and they would not have to report it to the market until the whole order is complete?

re- today`s Bull Vs Bear fight, we now announce the winner----- MR.Bear! He won by a 0.5 point!!

Does anyone know when the full year results will be out approximately?

whatever is going on a lot of people dont want this share today!!!....:-((

i don`t agree,MMs want our shares,as many & cheapest as they can get,but they can`t get it! :-))

That's very true,despite all the selling the mm's won't reduce the ask price,still 2.9 - 3.0p region simply because they know how much they can make probably by filling some buying order for an institution.Even in today's society,there is alot of underhand dealing going on.

nematurd.... "Even in today's society,there is alot of underhand dealing going on".

What are you going on about. If you know report it, if not, dont be silly.

There are strong rumours in the industry of a "merger" between Trafficmaster and Cybit. I first mentioned this a couple of days ago, Phil do you have any comment on this? Have you heard anything at all? These rumours have always been around but I have to say they are very strong at the moment.

I think I hope its true Traficmaster going great guns at mo.seen this a.m. that Rover ofering factory fit as option.

Yes and on every RNS, Trafficmaster now mention their partnership with Cybit.

hmmm very interesting. Time to raid the piggy bank again! :)

I,d rather like to see Cybit at 10p first though!!! here,s me in wonderland again, ...... :-((

All

How would this effect current shares held??


G12

AT todays prices I think it would cost us 35 Cybit for one Trafficmaster I dont know its a guess fishing better info like you G12 D.

Whatever this news done nowt for our share price I fear further falls sells near 3ml buys 0.5k!!!! :-((

sory not make it worse than it is 0.25k

All
Not quite sure if you have read this?

Cybit appoints Colin Cartwright to drive major international expansion
Former European Telecom PLC Operations Director and International Managing Director to drive Cybit's next major growth phase
Cybit to initially target fast-growing telematics markets in Sweden, Germany and Holland
Cybit, the UK's fastest growing provider of fleet management and telematics solutions, has appointed Colin Cartwright to head the company's expansion into new international markets. Colin brings extensive senior management experience in the telematics, communications and electronics sectors to Cybit. He was previously Group Operations Director and International Managing Director for European Telecom plc - at the time, one of the fastest-growing companies on the UK stock market - where he was responsible for growing the company's international operations from zero to a 100 million operation in just five years.

Cybit has just announced interim figures for the first six months ended 30 September 2003 showing the company growing UK turnover by 79 per cent over the same period last year. Colin Cartwright will be responsible for leveraging this success and developing the company's telematics business internationally, particularly with Cybit's Internet-based Fleetstar-Online service, launched last year, which is already generating substantial revenues for the company. Cybit's international operations will initially target Sweden, Germany and Holland, and will build on the company's earlier acquisition in late 2002 of Drive-IT Systems AB - one of Europe's leading players in the car pool market.

"Our strong growth in the UK has given us an excellent platform and a strong model for expansion into Europe. Colin Cartwright's proven experience in driving the growth of international operations, and his main board experience at European Telecom, will allow him to make a positive contribution towards the company's continued development," commented Richard Horsman, Cybit's CEO. "Our initial experience in key markets such as Sweden and Germany shows that there's an equally strong appreciation of our cost-effective telematics technology approach, and we're confident that under Colin's direction Cybit can now replicate its UK success in Europe."

"I'm delighted to be joining Cybit at such an important stage in its development," added Colin Cartwright. "Cybit is one of the few vendors to look beyond the technology and really understand how telematics can work as an enabler to help major fleet organisations streamline their processes while also ensuring full duty of care support for their employees. "Telematics is clearly a major growth sector at the moment and I'm looking forward to the challenge of building the company's business across Europe."

Before taking up his new role at Cybit, Colin Cartwright worked as Operations Director for Global Telematics, now part of Thales, where he gained significant experience in both the telematics sector and the particular demands of UK and international fleet management operations. He joined Global Telematics after six years with European Telecom plc, the major distributor of mobile communications products. Colin joined the company in 1995 as a Regional Manager for Europe, and spent five years developing the company's business in key countries such as France, Spain, Holland, Austria and South Africa, growing European Telecom to a major 100 million turnover international operation.

During the late 1980s and early 1990s Colin Cartwright was Managing Director for two leading consumer electronics brands - Bose UK and KEF Audio. At Bose he was instrumental in adding a consumer business to the company's professional audio operation, while at KEF he was responsible for restructuring the business and developing new international routes to market for KEF's loudspeaker products. He started his business career working in sales for Beecham Research Labs, helping develop the company's business in the Middle East, before moving to BTR where he was director of its subsidiary operations.

Enquiries

Philip Szomszor
IBA - PR for Cybit
01780 721 433
pszomszor@iba-europe.com

Theres a shit load of shares being sold today, but the price seems to of held fairly constant, although down on the day over the last month they have been in the region of 2.7 and 3 "wow"