Cybit Share Discussion Threads

[sdavis] 25/11/2009 12:22

This is v boring at the moment!!

[sll] 20/11/2009 16:48

Thanks phil, the key words above are - "Such an arrangement will more strategically align the interests of shareholders and directors in building long term shareholder value, whilst taking into account recent shareholder comment in relation to the payment of director bonuses in the form of cash."

Of course there will inevitably be bumps (and opportunities) along the way, but I have fewer longer term fears tonight than this time last month. Would the main director have accepted any form of priced equity reward, at present pricing, if he knew the price was most likely to tank post-interims? Now that's a hard one! signing off now ...'night all, steve

[philwill] 20/11/2009 16:32

SLL...last para...agree entirely

[philwill] 20/11/2009 16:31

SLL...last para...agree entirely

[sll] 20/11/2009 16:24

phil - a lot of people on here have missed the recent replacement RNS which shows that the remuneration concerns here have been duly noted: copy follows -

"In addition, on 3 September the Remuneration Committee decided to create a new Employee Benefit Trust and has accordingly granted the Trust an option to
subscribe for 405,405 new shares at nominal value. Although the distribution of this option will be at the sole discretion of the Trustees of the Trust, the Company will recommend to the Trustees that these options will be issued to a sub-trust for the benefit of Richard Horsman and that they will vest on the earlier of two years from 30 September 2008, leaving the Company on good leaver terms or a change of control occurring before 30 September 2010. Such an arrangement will more strategically align the interests of shareholders and
directors in building long term shareholder value, whilst taking into account
recent shareholder comment in relation to the payment of director bonuses in the form of cash."

If one takes a long cool look at this group and where/how it operates, and with what results over past periods, and then compares that to the present market capn etc (vis a vis others in/near the sector) then this stacks up as a serious medium term investment opportunity - at least in my book.

[philwill] 20/11/2009 16:08

so do and have done for a while........

[sll] 20/11/2009 16:05

phil - I do, and have just added 'a further 10k' at 39.43p.

[philwill] 20/11/2009 15:32

rest assured....do you hold cyh?

[sll] 20/11/2009 15:27

....make that 10k max online buy at 39.43p - just nabbed some.

[sll] 20/11/2009 15:20

....and the most you can get online from BSL is 18k at 39.45p. Now, they were offering up to 100k online first thing today, so that little overhang has quickly shrivelled.

[sll] 20/11/2009 15:16

....meanwhile, over on PLUS, its buys all the way.

[sll] 20/11/2009 14:52

....think I might have just chanced on a lesser-spotted de-ramper, not sure, but another 25 negative posts, or so, and I'll take a final view.

[restassured] 20/11/2009 14:41

Ahh but yes ,if you read what they said.

Customers are delaying purchasing orders.




That could hurt Cybit massively,especially when you all head for the exit the same time.

Someone dumped shares in CYH on the Plus market this am.

What do they know????

Very worrying

[cheshiremoggie] 20/11/2009 14:36

"The telematics industry is in meltdown."

LOL!

This is from the guy who, until a few days ag,o was ramping TFC for all he was worth (that's not much admittedly).

TFC announced fleet revenues 20% higher.

Is that meltdown?

Thats all from me for now - cant tease the disabled ALL day.

CM.

[restassured] 20/11/2009 14:21

The telematics industry is in meltdown.

Many have gone bust.Price wars have broken out.Customers are delaying purchasing decisions.Barriers to entry are low.

You are invested in a stock that has a near 20% spread.

Directors pay themselves as if they were running Goldman Sachs.

Now that is a good investment!!


ROFL

[cheshiremoggie] 20/11/2009 14:19

LOL!

restassured has certainly cornered the 'bull' market.

CM.

[restassured] 20/11/2009 14:15

No micro caps there and you would have made a fortune.



You can sell all of £1800 worth of CYH at the bid

You have to be insane to invest your life savings in such an illiquid share.


More money down the plug hole.

[restassured] 20/11/2009 14:07

Down she goes.

Hope there is not a profits warning.



Liquidity risk is the greatest threat to any investor..

Just a legalised game of three card monty until you try and get your money out..

[cheshiremoggie] 20/11/2009 11:20

I dont have time for trading so - personally I invest in small caps if i think the business case is there and the sector is the right one to be in and as long as the company stays basically sound and the fundamental reasons for investing are still there, I will hold.
If the company is shown to be floundering or the sector looks like being in a long term decline then I sell.

Its worked reasonably well so far and you know what they say - 95% of traders claim to be making profits and 95% of traders are actually making a loss.

Work that one out.

CM.

[davidosh] 20/11/2009 10:59

restassured....spot on there. You have to bed in long term with solid small caps and just wait for the good news further down the line to get a return and hopefully decent divis in this case....and reduced salary packages as percentage of profits maybe !

[restassured] 20/11/2009 08:47

The problem with highly illiquid smaller caps stocks,is they become untradeable very quickly.

You just have to hope they don't also mention that customers are taking longer to evaluate products.

The price is often nothing but illusion, if everyone wants to do the same thing at the same times,like heading for the exit.

[sdavis] 20/11/2009 08:13

Seems to be a little nervousness ahead of the results, whenever they will be!

[sll] 19/11/2009 17:51

hp - given that v tight spread, it is perhaps not surprising to see the bid price slip back a bit, tonight, on just a few sells and pretty much no buys that I can see. I sense that most major/solid holders here will hang on (and maybe add in dips) backing a steady continuation/resumption of the recently impressive upwards share price retrace, in the belief that this group has gained real substance, the hard way, through this past hellish 2 year period (for all its peers) and is now 'way undervalued' by comparison to its few real peers, going forwards. I looked at the broker note again today and (based on their full year 2009/10 forecast) I would urge no one to expect any fireworks (at all) from the coming interims. Even just a tad ahead of last year would be well 'in line'. Cenkos only see 7% top line growth for the year from £25.5m to £27.3m and circa 14% growth in PBT from £2.1m to £2.4m. In fact, I sense the risk here is to the downside rather than the upside, from these interims, but that is based on nothing more than caution and gut feel, given where the commercial markets have come from. In some ways, 'flat' to last year would be 'a result' (given the wider sentiment 'dive' we saw troughing in Feb/Mar 2009) and even a marginal improvement (and I mean just a few % points) would be quite significant, and again - all in my view. ready to be contradicted, steve