Listed on the AIM market on Friday the 29th of December.

MARKET CAP 31 Million, Opened up on Aim at 68p mid price. Large investors include Unilever and Nigel Wray consortium. 4 million will be used by Myhome as working capital in order to further build its franchise. The company is CEOs O'Connell's creation. He merged his own residential cleaning business with a carefully researched and computerised rival developed by Unilever. The detergent behemoth lost interest after spending, in small company terms, a fortune developing an IT franchising operation. It still has shares in Myhome, issued when it sold out. There is no doubt that Unilever's sophisticated computerised system has provided Myhome with invaluable infrastructure.
It has allowed it to expand its home-cleaning operations and buy other franchise businesses. Besides residential cleaning, the group undertakes grass cutting, oven and car cleaning, and kitchen and bathroom refurbishment. It has about 300 franchisees; in three years it expects the number to top 700.



Myhome International PLC
29 December 2006



29 December 2006



MYHOME INTERNATIONAL PLC



Admission to AIM



Myhome International Plc ('Myhome' or the 'Company') today announces that its
ordinary shares have been admitted to trading on the AIM market of London Stock
Exchange plc ('AIM') and that unconditional dealings in its ordinary shares will
commence today ('Admission'). The ticker symbol remains unchanged and is 'MYH'.
The Company's shares will continue to be capable of being traded on PLUS.



Highlights



Significant presence in the home services franchise sector with over
290 franchisees;

Board with experience of operating franchise companies as well as
expertise in the retail and corporate environments;

Brands provide a variety of premium local services, supported by a
central infrastructure providing sales and administrative support;

Targeting further acquisitions including business to business as well
as business to consumer brands; and

4 million investment by Nigel Wray, Stephen Hemsley and certain other
investors (the 'Investors') completed today.



On 15 November 2006 the Company announced that the Investors had agreed to
subscribe 4 million for 10,000,000 new ordinary shares of 5p each in the
Company (the 'Subscription Shares') at a price of 40p per Subscription Share
conditional, inter alia, upon Admission becoming effective. In addition, the
Investors would be granted warrants (the 'Warrants') to subscribe for up to
7,500,000 new ordinary shares at 40p per share. All of the conditions under this
conditional investment agreement have now been satisfied and the Subscription
Shares and Warrants have today been issued to the Investors.



Further to the Company's second announcement on 11 December 2006, 500,000 new
ordinary shares have been issued to Robert Boot and 1,114,584 new ordinary
shares have been issued to Russell O'Connell pursuant to the exercise of options
and warrants respectively.



The AIM admission document is available at the offices of Myhome, 119 Richmond
Road, Kingston Upon Thames, Surrey, KT2 5BX or from the Company's nominated
adviser, Noble & Company, 5th Floor, 120 Old Broad Street, London, EC2N 1AR for
a period of one month after Admission.



Russell O'Connell, Executive Chairman, made the following comments: 'Myhome has
had an extremely successful period and we look forward to pursuing our buy and
build brand expansion strategy. We believe this move to AIM will allow us to
take advantage of the increased profile a listing on London's junior market
affords. The Group will benefit from better access to capital which will enable
Myhome to increase its rate of growth.'
---ENDS---

Company website..

http://www.myhomeplc.com/home_fs.htm

Old Historic thread with plenty of usefull contributions and information....

http://www.moneyam.com/InvestorsRoom/posts.php?tid=10149#lastread

Latest analyst forecasts ...

Our highly conservative estimates put September 2007 earnings at 6.8p rising to 13.5p in 2008. At 68.5p, Myhome trades on a 2007 earnings multiple of 10.4 falling 5.3 in 2008. That does not discount the explosive growth we have learnt to expect from the group, including the newly incorporated revenue of Ovenclean and Autosheen plus future earnings enhancing acquisitions.

Our forecasts and recommendation are suspended pending the publication of a detailed note next month.


DYOR.

I hope contributors here dont mind about the change over. The heading was out of date and so were the charts and some headers, heres to a bright future.nb, I have posted a link above to the old thread.

As detailed above latest analyst forecasts (open to debate)....

Our highly conservative estimates put September 2007 earnings at 6.8p rising to 13.5p in 2008. At 68.5p, Myhome trades on a 2007 earnings multiple of 10.4 falling 5.3 in 2008. That does not discount the explosive growth we have learnt to expect from the group, including the newly incorporated revenue of Ovenclean and Autosheen plus future earnings enhancing acquisitions.

Our forecasts and recommendation are suspended pending the publication of a detailed note next month.

tipped in the Guardian on saturday...

Keep an eye on Myhome International , which supplies household services such as cleaning and gardening. It made a successful Aim debut yesterday after moving from Plus Markets (formerly Ofex). It raised 4m by placing shares at 40p each with investors including entrepreneurs Nigel Wray and Stephen Hemsley. The shares closed at 68p , valuing the business at 31m . The Myhome brand was started as a cleaning service by Unilever , before being bought by current chairman Russell O'Connell in 2001. It runs as a franchised operation and has added services including a gardening business and a kitchen repair division. It intends to expand organically and also by buying other companies. Its Aim flotation will give it access to the necessary funds.

Thanks for new thread gf, I'm in as of 2 weeks ago. Been watching for a while. The business model looks robust, will it do a DOM??? Here's hoping so! Happy New Year. :-)

Im hoping it will do a DOM and a lot more silvermede.

I would just love them to be able to offer plumbing and electrician services, thats were the big margins are.

Could be a very interesting start to 2007 with the management armed with the cash for takeovers.

Good start to the year. I hope investors on AIM will now start to research this one and see the excelent opportunity for growth here.

Forward P/E of just 10, looks way too cheap.

Ticking up again this afternoon.

Positive start to the day again.

Looks like PIs now starting to take notice.

the wife likes this one - that's good enough for me - she just put her inheritance into it this am - agree with you GF regarding plumbing and electrical - have waited for 4 plumbers in last 2 weeks - none turned up!!!!! - given the amount of 'new' plumbers alledegy on the market there should be a ready supply if this idea can be expanded - interesting business potential imho.

AM

intersting just looked at volumes on money am - our two buys at 9.45am not showing up - broker confirmed through - any one know why this could be??

Thanks AM

AUGUSTMAN,

They were probably dealt through Plus Markets, we only carry a feed for the LSE at this moment, and not plus.

Ian

Yup AM, they are intending to carry on the service of dealing through plus for the forseeable future. 2 markets cant be bad.

Here we are.............http://www.plusmarketsgroup.com/details.shtml?ISIN=GB0031249856

Thanks guys found them now - appreciate the help

AM

Back positive again and trading on a forward P/E of just over 10.

Good morning GF,


Thanks for pointing this one out on the SID thread.

I have to agree that MYH's business model looks very compelling and I certainly understand and agree with the argument that there is a need for its services. I already have a cleaning lady here in Frankfurt and if I had a car and a garden and the resources to pay somebody to do the hard work, I would be looking for a company like MYH to take care of it.

With that thought in mind I guess the opportunities for cross-selling must be outstanding.

Am also impressed with the vision for global growth (Ireland, Oz, etc).

Am kicking my self for not taking a look while this was on Plus, as I now see from the chart that this has ten-bagged over two years, so had I read your earlier thread, GF, I might have been better informed sooner!

Still, things look good, so will continue to keep an eye on the co.

Thanks for the tip!

ST great to have you looking in here.

The company is still cheap on a forward P/E of just 10.

I agree the Interbnational prospects look very interesting.

The company as also a cash pile so watch out for acquisitions very soon.

Added a few on this mornings pull back.

a bit of good news up a couple of pence

Myhome International PLC
16 January 2007

16 January 2007



MYHOME INTERNATIONAL PLC

('Myhome' or the 'Company')



Autosheen subsidiary wins Lloyds TSB contract win /ISO accreditation





Myhome is pleased to announce that its Autosheen division - one of the UK's
leading national mobile valeting organisations - has been awarded a contract
with one of the UK's largest fleet management and funding specialists. Autosheen
is a market leader in mobile vehicle valeting, servicing the needs of major
leasing, fleet, insurance companies and also the motoring public across the UK.



Lloyds TSB autolease manages over 130,000 vehicles within the UK and have
awarded Autosheen an ongoing contract. Autosheen are able to deliver a
first-class, nation-wide professional mobile valeting service for each and every
vehicle within the fleet across the UK from its centrally controlled HQ based in
Oxfordshire .



Joe Bhamra, ServiceTrak Manager for Lloyds TBS autolease said: 'It was crucial
that we found the right strategic business partner that would be able to
comfortably service the 130,000 vehicles we currently manage. In Autosheen we
found an organisation that provides a professional nation-wide valeting service,
that is large enough to cope with our fleet and that works to set business and
customer standards.'



Myhome is also pleased to report that Autosheen has been accredited the highly
coveted Quality Management System ('QMS') 9001/2000 ISO 14001 ISO 9001:200
award.



ISO 9001:2000 is the most commonly used international standard of quality
assurance that provides a framework for an effective QMS. The system will ensure
continued consistency and improvement of working practices, which in turn will
provide products and services that meet customer's requirements.



The driver for seeking ISO 9001:2000 registration was to continue to attract
potential national contracts, specifically lease and fleet management companies.



Bhamra continued: 'We take our environmental responsibility very seriously so
were very pleased to discover that Autosheen use environmentally-friendly
products, which are in-line with all current and future EC legislation. Their
ISO 14001 environmental accreditation was a significant factor in our final
decision.'



Russell O'Connell, Executive Chairman of Myhome, commented: 'The quality of the
service provided by the Autosheen team is reflected in its ISO accreditation,
and this will help to secure and maintain key relationships with organisations
such as Lloyds TBS autolease.'

Quality news from a quality company.

From todays UK analyst.......

Myhome International*

Key Data
EPIC MYH
Share price 69p
Spread 67p - 71p
Market cap. 23.72 million pounds
12 month range 66p - 72.5p
Market AIM
Website www.myhomeplc.com
Sector Support Services
Contact Russell O' Connell
08450 668 866


Myhome topped off a successful year by completing its promotion from PLUS Markets to AIM on 29th December. The move came shortly after the companys full-year results which showed tremendous profit growth [+329%], although earnings were flat due to the dilutive effect of business-building share placings during 2006. It started 2007 with news in January 16th that its Autosheen subsidiary had won a car valet contract with LloydsTSB Autolease which has a fleet of 130,000 cars. The value of the contract was not specified but is significant.

The company is well placed to demonstrate further growth with the expansion of its premium local services, covering house cleaning, car care and garden maintenance. Over the past 12 months it has grown its franchisee network from 62 to 290, with the addition of a further 10 franchisees so far in the current financial year.

Organic growth has been a main driver of the business, but there has also been a fair amount of acquisition activity, too. Indeed, the company intends to target further acquisitions covering both business-to-business and business-to-consumer brands. With earnings set to grow rapidly to at least 13p in the current year the rating remains undemanding.

Our forecasts and recommendation are suspended pending the publication of a detailed note next month

13p earnings at least.......................... blimey these are cheap.

Looking forward to the new note.

That means a PER of just over 5 at current sp. That is cheap gf! Happy to hold.:-)

SM cheaper than chips even LOL.

I cant wait to see the next note.

The porential here is amazing.

Agreed - it's all making very nice reading. Am going to stare at my portfolio until I get a headache to see if I can make a decision about shifting into this one.

A P/E of 5 is very cheap ST.

Is your finger twitching over the buy button? LOL.

And then theres the war chest put in by Wray and his buddies.

Mouth watering stuff.

GF, I am certainly getting a bit trigger-happy here.

Do you happen to have access to a breakdown of major shareholders? Could be interesting, but I can't find one via my online broker.

Will try and dig it out for you ST.

Unfortunately Plus have wiped all data away so its a case of digging deep.

Heres the new investors after the move to Aim, I will now hopefuly get the position of major holders before the move up...........

On 15 November 2006 the Company announced that the Investors had agreed to
subscribe 4 million for 10,000,000 new ordinary shares of 5p each in the
Company (the 'Subscription Shares') at a price of 40p per Subscription Share
conditional, inter alia, upon Admission becoming effective. In addition, the
Investors would be granted warrants (the 'Warrants') to subscribe for up to
7,500,000 new ordinary shares at 40p per share. All of the conditions under this
conditional investment agreement have now been satisfied and the Subscription
Shares and Warrants have today been issued to the Investors.



Further to the Company's second announcement on 11 December 2006, 500,000 new
ordinary shares have been issued to Robert Boot and 1,114,584 new ordinary
shares have been issued to Russell O'Connell pursuant to the exercise of options
and warrants respectively.

Here we are ST the full shibang.......

PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:


Prior Admission Post Admission

Nigel William Wray - 14.87%
JM Finn Nominees 13.41% 10.04%
Russell O'Connell 12.66% 11.88%
Starvest plc 9.53% 7.14%
BNY (OCS) Nominees Limited 7.31% 5.48%
Stephen Glen Hemsley - 5.41%
Rathbone Nominees Limited 6.80% 5.09%
TD Waterhouse Nominees 5.34% 4.00%
HSBC Global Custody Nominee (UK) Limited 5.05% 3.78%
Franchise Investment Strategies plc 4.69% 3.51%
Sarah Meong Yee 4.33% 3.24%
Pershing Keen Nominees 4.02% 3.01%
Unilever UK Holdings Limited 3.18% 2.38%

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
N/A

Therefore just over 20% in free float.

Are you sure they haven't got next years expected earnings mistaken for this years earnings? Seems like a huge increase in forecasts based on little news?

Biscuit

Thanks GF.

Biscuit, yes it certainly does look like one heck of an upgrade but the article does say "to 13p at least in the current year".

I take that to be the companys financial year.

Must admit on a few sites posters have been taken aback by the figure.

Lets not forget though this from the statement......

"Over the past 12 months it has grown its franchisee network from 62 to 290, with the addition of a further 10 franchisees so far in the current financial year".


I suppose everything will be revealed come February when the new note comes out.

Yes true Goldfinger, the Lloyds Autolease contract may be pretty lucrative. I suppose a couple of earnings enhancing acquisitions and EPS could be boosted significantly, with little dilution too, given their cash position.

Biscuit

Nice move up this late afternoon aswell.

You in ST?.

Hi GF,

Thanks for the tip on this one. Came in on the recent little dip

Got rather disillusioned with posting myself, hence the recent silence, but always like to read your threads. At last VML seems to be putting in a bit of effort!

All the best,

Madison

Hi madders,

nice to hear from you again glad to see you in here.

please remember though patience is the key.

MYH is for me the best stock find for myself for a number of years......... fingers crossed.

Not going to over do it, as this can back fire, lets get monday out of the way.

Vane will come good.

Nice to see this positive again and good for the new holders.

Yeah, I topped up some more this morning. I see they're at G-MEX at the end of this week for an exhibition.

Hopefully will boost the SP.

I've just been looking for any visible progress since financial year end Sept 06. Taking the Franchisee figures from the AIM admission release on 29th December and comparing those figures to those given under the relevent company here : http://www.thefranchisemagazine.net/franchising/Franchise-Opportunities/4?ck=1&
If the figures given on these pages from January 2007, there appears to be some impressive growth going on, especially at Autosheen and Ovenclean, 2 added to Surface Doctor which is promising. As i say, the problem is knowing if the figures given in The Franchise Magazine are correct, but we have to assume that they are.

Cheers

Biscuit

Yes there looks to be explosive growth goiing on here.

Excelent info post biscuit.

Further research...

http://www.myhomeplc.com/images/papers/headers/AIM_OFEX/Jan2007.pdf

Been keeping an eye on this since Guardian mentioned it with a view to getting in - looks like I'd be in esteemed company. Might have to dip my toe in.

R8 everyone. Been away from the investment scene for a while and I'm trying to decide whether to dip into this one or silverdell with the capital I've just freed-up. Both are cheap with strong growth prospects and track records. Tough one.

Chad if you havent yet made your mind up Id personally go for MYH as I think we will get a great deal of news flow at some point I reckon in the very near future.

Hi Goldfinger, Yes, I doubt it will be too long before we get some sort of update on what's happening, I'm sure there's plenty going on. They seem to have been looking for acquisitions for quite a while now, so maybe something on that front. Time will tell!

Biscuit

chad - also look at (in no particular order) AVG, TAN, TEG, WNG, RCG, MSR, ASC, EBTM, COH, DGT (maybe not this one for toes!), KMR, PGI - wish I was in all of them, instead of just the worst 7!

A bit of SP weakness over the last few days, provides an excelent opportunity for entry.

Got to remember some of the holders from the offex days are sitting on a multiple bagger (me included) and are obviously tempted to sell now and again for a bit of pocket money etc.

That said I believe when we get the new analyst report out due any day now I believe this one will be one of the cheapest and best managed companys on the whole Aim market.

I'm already in now and looking to see some good developments here

Im in on the dip today.

Certainly looks cheap on expected earnings.

Give it some pasty,lads.

Myhome International PLC
01 February 2007

01 FEBRUARY 2007



MYHOME INTERNATIONAL PLC
('Myhome' or the 'Company')

BUSINESS UPDATE

AND

CHANGE OF ADDRESS


Brand strengthening and consolidation at Myhome


Myhome, one of the UK's leading franchisors of residential services, is pleased
to provide the market with a business update following its move onto AIM in
December 2006.



It is actively pursuing over 100 applications from potential new franchisees
following the British Franchise Exhibition in Manchester last week, further
increasing its brand awareness in the franchising industry.



The exhibition provided another useful opportunity for Myhome to meet potential
investors and franchisees as it continues to grow its network, which includes
international operations and five brands; Myhome Clean, Nicenstripy, Surface
Doctor, Oven Clean and Autosheen. Further franchise exhibitions are scheduled
for London (23/24 March) and Birmingham (6/7 October).



Following its move onto AIM, Myhome has been actively consolidating its
operations. To this end the Company expects to move offices during Q2 2007. This
will enable complete consolidation of certain functions: IT, accounts, marketing
and franchise support under one roof, streamlining core infrastructure systems
and costs. The new offices will also house a new call centre that will allow
cross selling across all of Myhome's brands, driving new business to
franchisees, which the Directors believe will boost the network turnover of the
Myhome group. Myhome has purchased the 4,000 sq ft 1.25m freehold building
which is located in Esher, Surrey and the consideration was satisfied in full in
cash.



Russell O'Connell, CEO of Myhome, says: 'We are delighted that the Myhome brand
is continuing to grow. The move to the new office will not only create core
savings, but should simultaneously improve our productivity. For example, the
call centre will enable us to market our services across the Myhome group, which
should have an immediate impact on the day-to-day business of our franchisees,
increasing our group 'network' turnover and therefore enhancing our underlying
royalty income stream. The move to AIM has come at just the right time for the
Company, and we are determined to make the most of the profile and resources it
offers us.'



The Company is also pleased to announce that it will be hosting, in conjunction
with Bishopsgate Communications Ltd, a private client broker lunch on Tuesday
13 February 2007 at Perc%nto, 26 Ludgate Hill, EC4M 7DR.


---ENDS---

I like the consolidation into new offices and cross-selling. Reduction of costs and increasing revenues. With 100 potential new franchisees we should have fast and efficient growth ahead.

Appears tp be a constant seller at the moment, still, gives us a bargain!

Watch out for the new analyst reports.....

The Company is also pleased to announce that it will be hosting, in conjunction
with Bishopsgate Communications Ltd, a private client broker lunch on Tuesday
13 February 2007 at Perc%nto, 26 Ludgate Hill, EC4M 7DR.

gf - worth a punt on the new report being positive wouldn't you say? lend us some dosh!

SD especially if its from Monisha.

Dosh.......... you must be joking poor as a crow, Gordon Brown sees to that LOL.

Tight b*st*rd!

LOL.

Stockdog, didn't anyone tell you that Goldfinger's gold finger is actually only 9 carat?

We all know why his finger isn't that shiny, but I don't want to be removed from this thread for saying so!

discretion is the better part of valour, or so I'm told :o)

LOL.

From The Independant This Saturday, Derek Pain Portfolio.

MyHome, the franchise group that moved from Plus to Aim now enjoys top spot in the portfolio. Since its shares arrived on Aim at the turn of the year , they have shaded from 73p to 66p. Such a performances runs contrary to the widely held beleief that Aims higher profile would encourage further headway.

But these are early days and I dont find some short term hesitancy SO suprising.

My Home is still a BUY. The rating remains exceedingly modest and the portfolio has no present intention of selling.

Does Derek Pain write for the Gaurdian as well as the Independent GF?

OOPs, slight mistake there, now edited.

No probs GF. I'm stocking up before the wider market cottons onto this one!

66p has to be a good top up level IMHO - lend us a tenner - oh sorry - back where we started. I'll call me bank in the morning.

Up in the blue this morning.

looks like Derek Pain as led to the gain.

Starting to gather some more interest now...

Lunch time buyers.

Aye.....Me ....Thee....and Nora Batty!!!!

Nice to see the bid price lift back up though

AM

Looking perky - be nice to break out above 72p ATH this week.

EXCELENT NEWS......

From Alders on ShareCrazy this morning...

"Well, well, the new series of TW's internet TV show kicked off this morning and MYH is the program's first tip. The company's CEO put across a pretty convincing presentation IMHO, underlining the growth and modest P/E". ENDS.

Im certain Winnie is going to tip this one pretty soon.

Looks like SD as made a timely add on if he went to his bank manager and bought earlier today.

Sadly all mouth and trousers as we used to say (nothing in 'em!). But quite happy with my little pile. Due some more funds in a month or so - if the market would kindly care to wait for me.

SD are you a frequenter of advfn?.

If positive would you please kindly bring the SHOW epic up there and bring to the attention of the board that MYH is the first tip in the new series.

I would do it myself but I have canceled my subs there and a little jobsworth now deletes me every time I return.

Your help or anyones would be much appreciated.

We must spread the gospel of MYH........ LOL.

I'm in today-looks very promising. cheers GF

Have copied your post to ADVFN (sans mention of me and my banker!)

What's the link for it?

SHOW = epic code.

Many thanks SD, your a real good on line freind. Not only that but a top notch investor.

You know this business better than most having mingled with the top knobs at the last AGM.

No better contact than personal contact and I dont mean the phone.

A little profit taking today.

good but, I am afraid, dumb - just noticed I posted your post on the SHOW thread in stead of the MYH thread - duhhh! However, someone else has now put much the same in the right place.

A single sell of 10k on AIM - have not looked on PLUS - so not a mad rush for the exits. Relaxed whilst waiting for a trading update end of March (but will noto object to news of further acquisitions or similar before then!).

Many thanks SD, very much appreciated.

I just need a different ISP and Ill be back there.

Hi gf, Or you could use Proxy servers to mask your ip address and carry on posting after you set up another account on ADVFN.

http://www.privoxy.org/
http://tor.eff.org/

Many thanks for that Ian I didnt know you could do that I thought you had to get a new ISP provider.

Will take action.
Cheers.

Anytime gf, Just glad I could help out a fellow investor!

Hi gf,

I also meant to include this link:

http://vidalia-project.net/index.php

as this icorporates both Privoxy and Tor applications and has the latest updated builds.

Good luck,

Ian

Thanks again Ian.

I think thats a newe high, if not it cant be far off. Not long now before an upgrade in earnings.

Well it's a new high now

Yep just bought a few more - i believe there is a closed investors meeting tommorrow at which some of the financials going forward are to be outlined. Hopefully there might be some news re: an acquisition or two, but this is purely speculation on my part. The timing looks right for the company to start communicating its plans for the next year. This is why the recent trading update said very little financially imho - correct communication and all that. dyor

AM

I bet Winnie tips this one on his main t1ps.com site.

Getting marked higher on miniscule volume.

Brokers meeting tommorow.

Hopefully we will have more news and some figures to work with.

Winnie says he is working on 2 new tips due out on Thursday

Could be one of them as long as it doesnt boom over the next few days.

Thinking of adding a new tranche.

Something in the air?.

Hopefully we should get Broker upgrades very soon and perhaphs a little more.

Nothing today but tommorow?, speculative but I think broker upgrades are very near.

Ive added a new tranche.

Early 'agreed' sales - share price moved back by MM's overnight. Looks like there may be some agreed purchasing to follow. Keep your eye on this one throughout the day.

AM

Yes just noticed the sales on the aim market link. (rather than plus platform)

AM, do you think this could be the company Insiders and co making stock available to the market, ie, increasing liquidity?.

Ive noticed some large sales over the last few days.

It appears Winnie was refering to Luke Heron on whats Hot.com with 2 tips today (anyone a member?) so the inteligence report we received was probably flawed, good job nobody got shot........ LOL.

Taken from t1ps.com Login Front Page:

WatsHot and t1ps will be serving up 2 RED HOT TIPS EACH on 15th February 2007 - It is 4 tip day!

So that is 2 tips from Luke H & 2 tips from Tom W: watching & waiting as nothing seen yet from Tom W. Will report back once published.

Tip 1: AST - see AST thread.

GF - convinced about it - just got back from all day meeting with one of my 'educated' and 'well positioned' financier contacts. Apparently there are a lot of eyes on this stock at present from institutional investors within his circle, there is a question of timing though. I believe the board are being fairly cautious, because of this interest, and are keen that the SP growth is kept firmly in line with company development. Who are the house brokers - save me researching, as I'm typing this on the go. I personally believe that there may well be some organised dumping of stock to see what the initial demand is like post transfer. Interested in any one elses thoughts. Regards to all. DYOR.

AM.

Tip No.2 is CTU so not MYH.

Cheers SM my appologies, it appears my inteligence report was flawed. Winnie as changed since the days I used to exchange banter with him. 2 stocks in one day, hmm he must be doing well now.

AM thanks for sharing that knowledge with us.

As far as I know these are the only ones which covered it on Ofex....

http://www.equitygrowth.co.uk/home

and

http://www.equitydevelopment.co.uk/research

Free to sign up I believe.

Im not sure what the new teams are after this meeting on tuesday, but Rivington Street is part of Winnies empire.

Stiill looking for the new projections and we were promised them this month in an earlier post up above.

Sorry to all about the shortness of the post but I have succumed to the flu virus in the last few days, and feel like Ive been dragged through a hedge backwards.

Sent out Friday evening by e-mail from Growth Equities And Company Research...

Myhome International*

Key Data
EPIC MYH
Share price 73.5p
Spread 72p - 75p
Market cap. 33.9 million pounds
12 month range 64.5p - 75p
Market AIM
Website www.myhomeplc.com
Sector Support Services
Contact Russell O' Connell
08450 668 866


Myhome continues to please its investors with further positive trading updates. On 1st February it stated that it is actively pursuing over 100 new applications from new franchisees which have developed from the recent British Franchise Exhibition in Manchester. Myhome also announced that it has purchased a 4000 sq ft freehold building in Esher, Surrey to include not only its IT, accounts, marketing, and franchise support operations but also a new call centre that will allow the group to cross sell across all of Myhomes operations further enhancing the companys complete offering.

Myhomes business model has already delivered stunning growth, with the core areas of house cleaning, car care and garden maintenance performing well according to budgets. Over the l 12 months to 31st December, the franchisee network has expanded hugely to around 300.

While organic growth has been the bedrock to the companys success, Myhome has not been afraid to make strategic acquisitions, and it is likely that there will be more corporate activity in the future. Earnings per share are expected to increase sharply this year yet the shares trade on a single digit current year multiple.

Our forecasts and recommendation are suspended pending the publication of a detailed note next month

Trading Places have a Target of 110p for MYH.

http://demand.global-mix.net/?o=gmuk-stockmarket-vod/trading_places-190207.wmv&.wvx

Thanks Driver - enjoyed watching that on the train back north.

Interesting that Reed pitches at 1.20 for MYH over twelve months - that will leave it trading off a p/e of 10....mmm.

Word today is that this could be a very big share indeed, and is like a thoroughbred racehorse.....what do you mean AM??.

OK

A well bred idea.....proven stable (handlers).....considered progress, in line with physical development....brought along gradually through the classes, until group 1 is in sight...!!!

Whether that can be achieved depends on luck, and the stable remaining in good form.

Sorry chaps, I'm repeating an analogy that took place in my club late on - there's some considered support for this one, and some money ready to go in imho, but no real news as yet, but with this much interest and rumour (smoke no fire etc) the odds seem to be shortening.

DYOR.

AM.

Many thanks Driver, very exciting.

AM, I like your deep analysis theory.

What's everyone think to the Galleon tip in trading places?

I liked it - results were out end of Jan, and shares have slipped back since then. Thought MD Stephen Green represented himself well. They have an important year ahead ad IMHO have 12 months cash onboard, some good brands, but need to make it happen now.

AM

Goldfinger , I have read most of your MYH threads with some interest. I wondered if you had any idea of the proportions that the brands each contributed to the profitability ?

Hi madelin, you should find your answer on the old thread.

Here..

http://www.moneyam.com/InvestorsRoom/posts.php?tid=10149#lastread

Ive had a look on plus markets but when MYH moved from Ofex to AIM they have removed all the old news track history.

I would start at the last but one results. I think you will find your answer there.

Large Broker trade just gone through.

...and a cross-trade. I wonder if we'll get an RNS, those quantities are over 3% of the share capital, unless they're going to different people!

Interesting....

Thanks Goldfinger , I have been reading the old thread. There is so much to take in. I was a little sceptical about this one because I thought that the barrier to entry would be low and thus margins low due to local competition competing on price therefore. The more that I read of this thread the more I like. Can I run my view of MYH by you , I would just like to clarify where I think this one could go ?

Short term target price Id say 110p - 120p (year) and that could be very conservative.

We will be in a far better position to judge the growth prospects here when we get the first of I believe of 3 broker views on it.

They are due any time now.

As for competition, no I cant see anyone being able to muscle in on MYHs patch. Ok we may have a few local operators but competitors no I cant see that hapenning as the company have an excelent low cost IT system supporting it and each francise as the ability to cross sell other services.

The CEO here as boasted of customers willing to hand over their credit cards before an ounce of work is completed.

Cash is king and by golly this one will be earning a lot of it.

Myhome International PLC
22 February 2007

For immediate release
22 February 2007



Myhome International plc

('Myhome' or the 'Company')



Notification of interest in shares



The Board of Myhome announces that formal notification has been received on 22
February 2007 that following a placing of 1,500,002 ordinary shares at a price
of 68 pence on 21 February 2007, Sara Leong Meng Yee no longer has a notifiable
interest in the Company. These shares were placed by the Company's broker, Noble
& Company Limited with a number of institutional investors.



As at 22 February 2007 the Company had a total of 46,240,853 ordinary shares in
issue.



ENQUIRIES:

So does this mean a stock overhang removed and we can make further progress, or is this a new negative to take into account?

The 1.5m is showing in yesterday;s volume I assuem, with no movement inthe SP. Today we're down 0.50p on low volume.

The meaning of life has to be more than 42.

Sudden increase in volume, has a note been released on this?

GF, Ref Posts 103 to 106: have solved the Tom W tip MYH mystery!

Tom has sold DOM and bought MYH in his SIPP and has also said that he can't tip MYH because Myhome is a client of t1ps' sister company Bishopsgate, so his hands are tied but of course actions speak louder than words!

I see Nigel Wray and CEO Hemsley and the Chairman of DOM each sold a fair old chunk of DOM yesterday - as reported in todays Times. Wonder where they'll put their dosh next?

Cheers Silvers I thought it was strange Winnie hadnt gone in and recommended MYH.

SD a positive. Big seller out of the way.

Just found this on another B/Board giving the full winnie take on MYH...

I have sold my units and Domino's Pizza (DOM) at 664p realising a cash pot of 26.9 units. I have reinvested 8.2 units in MyHome International* (MYH) at 73.75p. Myhome is a client of our sister company Bishopsgate so I cannot write about it on tips but I like the stock and its management very much indeed. It is in many ways an earlier stage Domino's in that it is now delivering superb growth via franchising.
I reckon earnings could hit 15p within 2 years and on a half decent multiple that would see the stock doubling or trebling. ENDS.

Can one of you chaps please post it across the road on advfn, Im not welcome there at the moment, cheers in anticipation.

By the way it sounds rather good.

I am interested in the contribution made by each of the brands and how it will pan out. I think that a lot of this shares progress will depend upon the quality and interests of the directors/creators. I see the basic material of the business as not that great (unlike say electric vehicles at present) but the right team could make this go really well.

GF I was interested in your point about plumbing or electrical services , a higher margin business. The cross selling centre could make that go well. The auto cleaning is interesting as there is some element of accreditation (ISO something)and larger contracts that in effect give us a barrier to entry against competitors. I note that Baronsmead have Autoclenz in their VCTs , contracts like the lloyds contract could be why.

The more that I think about this the more I like.

Morning all....some movement today I feel, and not just in the Augustman water. Just think we may see an initial rise today - hope so.

AM

There did seem to be a sudden increase in volume yesterday, late on. Will be interesting to see if that continues today.

It certainly as continued ie, the volume add both the trading platforms together and we have some serious figures.

Madelin, yep id love them to get in and announce a deal on plumbing or electricians. That would be seriously high margin business. In the last results I think they do give a figure for each franchise business but Im not sure wether they give a % for each, as a percentage of the whole cake. Perhaphs a phone call to the ceo would sort that out.

Anyone been able to post the winnie link on advfn please?.

Thought we might get a move today - stock looks like it is in fairly short supply at present so a few buys nudges it up - looks like a new high this am.

AM

GF

Someones already posted it for you.

MS

Cheers Mickey.

Are you in these ??????????.

Its good of winnie to give it a boot up the jacksy.

I think with broker upgrades imminent we will get a lot of future newsflow which will push the price upwards.

Not yet GF fully invested but I'm going to off load a couple of dogs in the next few days and I'll be joining you.

LOL
MS

Well done Mickey, you know it makes sense.

GF

Winnie metioned Worthinghton today. Flagged them up as a hold. Yet another good call by you, well done.

MS

Cheers mate. Its nice to get some right.

I think MYH is a far better company than Worthington Nichols though (and WNG is a 2 bagger in 8 months).

I see the potential at MYH as amazing. Some are put off by thinking they just mow grass and clean houses but by golly theres some money to be had in these mundane tasks, and then add on the likes of future plumbing and electricians and the opportunity to cross sell etc, etc etc.

Cash, cash , cash.

I see this as a top 250 company and not many years down the road either.

Just ticked up aswell, you must be lucky mickey for MYH.............. NICE.

Just bought some more - had to pay 79p per share, but now ready to reach for stars. Good luck to all holders.

AM

I've just added another lot too.

Yep just had a look at Plus trading platform and these are flying off the shelves at 79p a time.

I'm in. Had to pay 79. Just a small investment to get on board. I'll top up as we go.

LOL
MS

I've just topped up at 79. Bought in a low as 65 originally and happy to stick with this one. Good luck to all MYH holders

Desperate to get in, but can't do it for about four weeks.

50000 Just been sold.....80p buy now.

AM

Exciting stuff, welcome aboard to the new holders.

Just been looking through my archive of clipings for this one and found this note from some Franchise Mag late last year......

Russell (CEO) assured me that customers are prepared to hand over a set of keys and they give their credit card details in advance enabling MYH to simply deduct its fee. What is more these these wealthy and house proud customers are the sort 'to tidy up before we arrive'. And to ensure that MYH gets any and all feed back, he insists on communicating with customers over the telephone rather than e-mail.

Next large franchise show is London in March i believe. Could well be some PR prior to that as a basis for attracting new franchisees. Confident of a steady run over next four weeks. Grass cutting season just about upon us!!!. A good weekend to all.

AM

400K worth of shares released late on - looks like maybe broker trades - any views??

Not sure what to make of them, but theres not going to be any problems with liquidity.

Good finish to the week and hoping for more next week.

Derek Pain of the independant might have something to say tomorrow.

Taking a couple weeks hols but checking how things are going, nice to see the rises of late - this is just the beginning.

With the right managment it could indeed motor along very well as it can only have a tiny slice of the potential market at present. With attention to the regional variations in its brand thrust it has a very large market that I doubt anyone has tried to consolidate.

Nice little mention in the Independent this morning, says about expecting rapid earnings upgrades.

Biscuit was it the Derek Pain column?.

Rapid earning upgrades................. NICE. Looks like we could be in for an eventful 10 days or more.

No, nothing in Derek Pain's column GF. Under "Market Report".

Cheers Biscuit.

Good to hear of the Inde comment, I suspect we can expect more short term rises.

I hear Winnie as given MYH a good plug in his weekly editorial this evening over on t1ps.com.

Any news for us Mickey Skint?.

A nice early rise - up a couple of pence this am

And even more now.

The volume is higher than Ive ever seen it before.

Mickey, you out there?, any details on Winnies editorial yesterday?.

Just ticked up again.......... NICE.

Another few pennies on this superb rise and I'll have my third bagger this year (TAN & COH already)!

Rumour has it that the management team have signed an agreement with Worthington Nichols to cross sell air-con to homeowners. (I wish!!)

Adios chaps

What are peoples thoughts and targets for this one, been on my radar since listing on AIM and pretty annoyed with myself for not getting in before... Appreciate any rational thoughts on possible sp target in six, twelve months...

Ian now that would be a nice thought re- wng.

Adie I refer you to this post from Tom Winnifrith...

Just found this on another B/Board giving the full winnie take on MYH...

I have sold my units and Domino's Pizza (DOM) at 664p realising a cash pot of 26.9 units. I have reinvested 8.2 units in MyHome International* (MYH) at 73.75p. Myhome is a client of our sister company Bishopsgate so I cannot write about it on tips but I like the stock and its management very much indeed. It is in many ways an earlier stage Domino's in that it is now delivering superb growth via franchising.
I reckon earnings could hit 15p within 2 years and on a half decent multiple that would see the stock doubling or trebling.ENDS.

I agree with him and am looking for imminent upbeat broker growth forecasts.

GF

He's bought some for his SIPP and is taking them on to clean his business. He really rates them. It's a good read but because of copyright I can't post the whole thing. I don't want to piss Tom off as I find his site really good.

EPS of c15p within 2 years. He's very comfortable.

MS

When's the latest trading places show out?

I thought it was every morning at 11am chad.

goldfinger
I'm in but didn't catch the early bird, had to go to work never mind in for the long haul.

anyone got into T1ps latest offering CTU ?

Glad to have you aboard Driver.

Looks like a bad day all round today. Down on all but two of mine.

Tis a bad day alround but at least it provides some with an opportunity to get in cheaper than yesterday.

Broker bullish forecasts imminent.

They are that near I can taste them.

GF, have you heard something will be released?

Yep. Early March.

Its on a post higher up.

Typical though isnt it. These have been on the march for the last two days and then as usual theres always a pillock or an event that comes along to halt it.

Frustration, frustration.

At least its given me a chance to get some serious research in this morning and I think ive found a corker.

Cheers GF

GF, just let us know when you'll be starting the new thread please, mate. LOL

GF, just let us know when you'll be starting the new thread please, mate. LOL

Dont know how to take that comment.?.

Always been honest so I cant understand the meaning of it ??????????????.

It was meant as a compliment as u seem to pick a lot more winners than dogs!

LOL

Cheers Paulo, I do my best and spend hours and hours trying to get it right on research.

In fact i have worked it out at at least 20 hours per week involved in stock picking.

Sometimes it becomes very boring especially when you find nobodys immediatly interested. Strange biut these stocks seem to be the best eg. WNG, MYH, SID.

All started with nobody interested.

Ive got one hell of a cracker I belive sorted out this morning.

Ill send you a PM, and very very sorry for misunderstanding your post. My appoligies again, its been a very hard day.

cheers GF.

GF, just set up the messaging thingy. I really would appreciate if u could drop us a line with the next BIG one. Had to sit on the sidelines with MYH and WNG as I'm fully commited elsewhere, although that should be changing in the next couple of weeks.

Cheers

GF , may I reiterate Paulo2s comment. I became interested in certain shares usually because of chart action or some other reason and have often found your threads on them. I now take your threads seriously. (Dont let it go to your head) The following that it creates is useful to us all.

YUK, what an awfull day, mind when the dust settles there will be some fine opportunities.

Must turn a negative into a positive.

Looks like another crap day today. Taking a right hammering again all-round.

GF

One you should take a real look at is EMED. A good buy today with top management. Winnis got it in his SIPP and EK is also in. A 2 year play. Sorry for the hijack.

MS

Cheeers Mickey Ill have a look.

I see some shrewdies are hovering MYH up, including myself.

Time for a day off me thinks, cant do anything about these conditions in general.

goldfinger aka hedgehunter aka treebark aka yellowconifer.This guy could seriously damage your wealth.

Plenty of buying going ahead on Plus.

aka treesurgeon

Was watching for the late seller who usually turns up, but no sign yet.

I have been watching this since since you started the origional thread GF ,,when it was 40 something pence ,but was invested in others at the time ,,maybe this will be a good entry price after the last couple of days.

jimmy b
Jim lad I got in at the top as you do, yes I agree get on board when these move they seem to go up sharpish.

Hi driver ,hows tricks ? ,your probably not in at the top ,these look good ,,as i said above goldfinger started a thread when they were half the price ,but i was invested elsewhere ,,,still iv'e had a good last few months with a couple so can't complain ,i think i'll join you all on this one.

jim
The other one you should have a look at is VML, off to bed up at 4.

Glad to have you on board Jimmy.

Just added a few more of these at 80.9

Able to buy within the spread today.

Broker upgrades imminent.

me too, couldn't resist with the recent pull-back. Lets see these fly over the next few months.

Far more buys than sells today.

Back to winning ways.

I reckon if there hadnt been the market sell off we would be looking at these banging on the door of 100p per share by now, as buys have been well above sells over the last three or four days.

Buyers coming into the stock this lunchtime.

Hi GF.
Finally finished with SOLA for a fair old profit, but this share is now looking rocky.
Been watching this share, and your research GF so bought myself a small stake yesterday for 80.16.
No modern households today care for doing their own housework, and with money to burn this company would appear to have the right solutions.
All the best.
Cheers.
P.S. you were a bit hard on SOLA GF.LOL.

ADVFN showing no shares traded at all today?????????

Porky, these shares also trade on Plus (Ofex).

Ahhh silvermede I did not realize this, many thanks.

Welcome aboard Porky.

Fallen back 1/2p but Im hoping we get at least one Broker upgrade next week.

Had another bite at these today.

May prove to be premature but Im holding for the long term.

gf
Well that's made me feel a bit better I'm down 10.9% on these and it's only been about ten days, also holding long term so it should come good in the end.

Fingers crossed driver, I know that one broker as pulled its new note because of the general market conditions.

Beginning to think we may get them a little later down the line.

gf
Cheers.

MYH gets another mention on todays show of trading places

http://www.stockmarket-channel.tv/default.asp?eid=85

The trading places link is in the header or Drivers Tips.

http://www.moneyam.com/InvestorsRoom/posts.php?tid=9585#lastread

Well done Driver.

Just turned positive, now come on higher, higher, higher.

GF, are we expecting results sometime soon?

soul
You fishing?

I think soul traders, is wondering why gf is getting so excited in post 216! LOL

Fishing for info. Like the look of the stock tho. Am not in yet but could be persuaded.

No results, just hoping for promised upgraded broker reports ST.

New Analyst report just out, 27 page document from Equity Development well worth a read.

http://www.equitydevelopment.co.uk/research/MyHome-International-plc/document/Now-established-on-AIM-with-further-scope-to-grow-/394

Click on the PDF symbol

If you cant access it sign up free.

Main detail..

Key points

The leading multi-brand
franchise operator
Successful step up to AIM
Significant new strategic
investors on board
Strong management team
further bolstered
100p/share achievable in
near term vs 77p current

From the report..

"With the distractions of the AIM listing now in the past, we would expect results
for the first half to be sufficiently indicative of the companys growth momentum
to justify a near-term price target of 100p".

When are the companys results for the first half?.

Must say Equity Development are being very conservative in their analysis, I wonder if the recent market sell off as swayed them a touch.

Will be interesting to see what the othe 2 main broker camps think.

Again from the report..

STRATEGY

Myhomes strategy is for growth through building a multi-branded multi-franchise
group.
Myhome has demonstrated its appetite for suitable acquisitions, and more can be
expected in the future. We expect Myhome to build up to about 10 brands,
comprising business to business (B2B) and business to consumer (B2C) brands.
Following the acquisition of Autosheen, logical target acquisitions would include:
Carpet cleaning
Plumbing
Security
Painting and decorating
Electrical services
Window Cleaning.
Carpet cleaning, for example, would tie-in strongly with the Myhome Clean
franchise, with excellent cross-selling opportunities.
Similarly, a home security operation could be purchased and a Myhome system
and infrastructure added, leading to another major opportunity for cross-selling.
The move into the new office building (see page 12) will help significantly to
implement centralisation of the businesses, which are currently based in five
different premises, and the funds now available will allow more marketing and
support for the franchises.
Myhomes strategy is thus for growth through building a multi-branded multifranchise
group.

At last and its taken some finding when the year half results are due, from last year..

PROFITS DOUBLE AS RAPID EXPANSION CONTINUES

Myhome, one of the UK's leading franchisors of residential services, is pleased
to announce its interim results for the six month period to 31 March 2006.ENDS.

So in effect today Equity Development see an increase in SP to 100p by the end of March.

Thatl do me fine.

off topic..

gf;
If your interested take a look at Rift oil has ben going up very well on a daily basis and has recovered from 3p to nearly 8p at present.. I hold.

Will do Mitzy, cheers mate. Missing a oily in my present Portfolio.

Had a further read of the Analyst report this lunch time and I think they are being extremely cautious on their forecasts, mind sometimes that can be a good thing and doesnt lead to over hype.

But then again when I think of it there 100p SP target as only 23 days to go before the end of the month March.......... NICE.

I'm trying to move my portfolio around to release more funds to invest here. The only one I can reduce is MMG and I'm a bit reluctant to do it. GF take a look at VDS the technology is amazing.

MS

Well your already in here Mickey. Id leave MMG to be . I think theres news flow in abundance with that one later this year.

Mind I havent liked a company more than MYH for a long time.

Ill take a butchers at VDS mickey, cheers mate.

I think i'll be in tomorrow, hoping that's the market wobble over with..

I think it could be a good time to buy this one with the new note out today and possibly one next week aswell but be carefull of the general market conditions.

Hello GF,

Many thanks for your PM - much appreciated. Have bought some MYH today and also took a position in CHCP as the argument for getting involved seemed to me to be fairly compelling.

Wellcome aboard ST.... twice that is.

Glad to have you onboard ST. MYH Business Case is compelling. How's Bournemouth?

Ticked up I see.

Thanks, GF.

Thanks, Silvermede. Bournemouth is okay. not quite as exciting as Frankfurt, but it's early days . . .

Looking forward to some action on this stock, though!! :o)

soul
Yes welcome aboard you got a good price I paid top dollar 87p, no worries in for the long haul, as it has been said before lets hope it turns into another DOM.

Just started reading the report, it makes good reading it looks like we are at the birth of a very fast an expanding company with a long term view the sp could be any where in a couple of years. Up that is.

Well according to Winnie 15p per share EPS within 2 years.

Thank god im having a week at Cheltenham next week.

I NEED IT.

I'm going to have to sit down with a glass of wine to wade through this 27 page report from Equity Development but liking what I see on a quick skim.

GH, I think they have been very conservative in their analysis leaving the door open for upgrades as and when acquisitions take place.

GF, sure you're right with rapid growth ahead, this could easily be a multi-bagger

Race week is a nightmare if you live there , I dont need it.

Don't want to spoil the party but if there's ever an economic downturn, surely MYH would be among the first stocks in the firing line. Someone to do your chores for you? Nice 'n' stripy lawnmowing? At-home valet car cleaning? If a home-owner's budget ever became stretched, the I fear the "luxuries" MYH offers would be the first things to go. Great idea in a benign economic climate... let's hope it stays that way.

The customers tend to be very affluent.

I dont think a downturn in the economy would affect the company greatly.

If ever there is a down turn in the economy does that mean the grass will stop growing or the cars will stay clean. I think not. If you can afford to have someone come in and cut your grass the economy won't make any difference to you. Am I repeating what GF has just posted? Oh well great minds and all that.
GF I did'nt know you were a racing man. Good luck at Cheltenham.

Yes, grass will always grow and cars will always need washing but those who can currently afford not get their hands dirty will still be hit by an economic downturn and may have to adjust their outgoings accordingly. I doubt MYH is dealing solely with millionaires. My point is that in less ideal conditions there are bound to be fewer people who can afford such services - and therefore profits (and margins) will be hit. Or are you saying MYH is immune to economic downturn. In which case it may well be the "perfect share".

When is the ecnomic down turn going to happen? In 2/3 years time, who knows, longer perhaps. But untill it happens ride the increase in share value and if things go tits up sell at a profit. If Wray feels comfortable investing a few million I don't have a problem with my couple of grand.
Worry about tomorrow if and when it arrives.

LOL
MS

Just as I thought.

What do you mean by that?

MS

MS, I mean that this looks like one of those classic "fair weather" firms we've probably all been bitten by at one time or another. And your argument - worry about it when it happens - isn't exactly a ringing endorsement. Not, I hasten to add, that you or GF are under any obligation to "sell" MYH to me! Maybe after the events of the past fortnight I'm just feeling more defensive-minded at the mo. But WDIK?!

I would be more inclined to say that if the economy goes tits-up then we'll all be working even longer hours to make ends meet and I'd be making damn sure my cleaner is working harder too! But understand your thinking.

We've all got burnt in the last couple of weeks paul. I really don't think this is one of those "fair weather" firms as Wray is a serious player. But you just don't know.
I feel very confident that the share price in a couple of years time will be well above what it is now and the company does have good management. I have two criteria before I'll even thinking about investing, good management and are the directors substantial shareholders. In both cases the boxes are ticked. I did some research and felt this is a good investment, but I must admit Nigel Wray and co taking such a big stake was the final reason for me to invest. But I take your point, you can't be certain. Have a good week-end.

MS

paulj
I take your point on the down turn this did occur to me when I bought in, but as it has been said I think MYH will be shielded to some extent with what they do and also the future acquisitions that is expected of the company all this new stuff will still have to be down, most of it people can't do so they will pay for it.

􀁺 Carpet cleaning
􀁺 Plumbing
􀁺 Security
􀁺 Painting and decorating
􀁺 Electrical services
􀁺 Window Cleaning.

I think Paul also misses the fact that if the economy goes tits up every company and every investor will be affected.

Do you then stick with MYH or do you go gropping for another????.

Pissing in the wind so to speak.

He as a good point but so does everyone posting on this subject on any one thread..........

Mickey I just love Chelters.

Black Jack Ketchum if the ground is right.

Heres one for you gf..

http://money.independent.co.uk/personal_finance/invest_save/article2364708.ece

Cant seem to get the article Mitzy.

Anything special?

cheers GF.

It was by Derek Pain gf confirming he has decided to hold the shares for a while longer now that Nigel Wray has increased his holding during the last placing...usually Derek is a clever investor..

Off topic Nigel Wray also holds Rift oil. cheers,

mitzy
Reposted for you.

I have decided to stick with Myhome, following an intriguing piece of research on the company.

Equity Development suggests pre-tax profits in the 12 months to the end of September should nudge 1.9m, against 734,000 last time. For next year a figure approaching 4m is predicted. The shares are, therefore, selling at 25.5 times this year's projected earnings and 12.5 times next. Quite a high rating but one, I feel, that does not fully reflect the explosive growth Myhome is expected to generate. Equity's analyst Andy Edmond reckons the shares should hit 100p.

http://money.independent.co.uk/personal_finance/invest_save/article2364708.ece

Cheers Mitzy, Driver.

Those figures as Ive posted before are very conservative to say the least.

Expect a lot more.

OK the effects of dilution by Wray and his side kicks will be felt, but unfortunatelly ED analysts are being very skinny on the other side, ie, the effects of proposed bolt ons etc, with the cash pile..

If you read the ED note again its been left wide open for upgrades and they will come.

In fact new analyst report due any time now, keep your eyes open here.

RSI looking well for future buyers...

Could be a good time to buy,

Independant newspaper singing its praises this weekend and looks like a new analyst tip any day now plus TA (RSI) going its way.

New analyst note out this morning.

Growth Equities And Company Research report..

Myhome International

Key Data
Myhome International

EPIC
MYH

Share Price
77p

Spread
75p 79p

Shares issued
46,240,853 million shares

Market Cap.
35.6 million pounds

12 month range
64.5p 84.5p

Market
AIM

Website
www.myhomeplc.com

Sector
Support Services

Contact
Jonathan Jenkins
0845 066 8866



Myhome is a multi-branded franchise operator, specialising in the provision of premium residential services, with a franchisee network of just over 300 outlets. Myhome currently provides key residential services: cleaning, garden maintenance, kitchen/bathroom maintenance, resurfacing specialist, oven cleaning and car valeting. These services are provided through the groups Myhome Clean, Nicenstripy, Surface Doctor, Oven Clean and Autosheen brands respectively. Myhome also operates franchise education seminars via the Franchise Alliance subsidiary.

The business originated out of an amalgamation of the Chores group combined with a subsidiary of the Unilever group. The resulting group launched Myhome Clean in 2003 with the Nicenstripy business being acquired between December 2005 and April 2006 and the rest of the business being assembled around this time as well.

The recently published financial results for the twelve months to September 30 2006 were outstanding, with profit before tax up 329% at 733,787 pounds compared to 171,043 pounds for the previous period. Although the earnings line was static at 1., this was due to timing differences for the sale of the Australian Master Licence and would have resulted in an earnings figure of 3p per share, had it been included in the reporting period. Network turnover increased by 400% to 13 million pounds compared with 3.2 million pounds in the previous year.

With the present growth trends in place, the business model for Myhome International is expected to grow on a steep and rising curve with likely earnings growth doubling each year over the next two years. Should that be achieved by the groups overall strategy, even at 80p, the PE multiple drops rapidly.

Both Tom Winnifrith and Master Investor Keynote speaker Nigel Wray own these shares. Find out why at www.t1ps.com

Year to 30th September
Sales
(Million pounds)
Pre-tax Profits (Million pounds)
Earnings per share (p)

2006A
2.6
0.737
1.77

2007E
4.6
1.865
3.01

2008E
7.5
3.97
6.01

A small tick up to greet the new forecasts above.

Great numbers - good falling PE from 44, to 26 to 13, and falling PEG from 0.37 to 0.13, operating margin growing from 28% to 40% to 53%, ROCE rising from 3% to 7% to 15%. Clear market advantage - first mover and marlet share. Energetic management who have proved good so far.

Are we vulnerable to this being in the area of discretionary consumer spending? Not really in the salary bracket we are talking about are we - more like essential, just a question of which service. Besides fleet cars have to be valeted whateverthe economy is doing.

Must buy some more during this lull in the market!

You seem very upbeat SD.

Yep just look at those operating margins.

I quite agree, in the coming weeks/months we should see a re-rating here and a move into higher territory. Still very early days.

Upbeat enough to double my holding (modest as it is) today, in spite of the general market outlook.

Also hoping to top up when fund allow.

Doesnt matter how modest it is when guys like you are investing further.

Thats one heck of a BULL sign.

The first sign of acquisition into other areas and I reckon we are AWAY for good.

Plus

20/03/2007 13:12:02 78.00 6,368 O 4,967.04
20/03/2007 12:04:37 76.00 20,000 O 15,200.00
20/03/2007 12:33:27 78.00 3,954 O 3,084.12
20/03/2007 08:55:49 78.50 25,000 O 19,625.00
20/03/2007 08:39:28 78.00 15,000 O 11,700.00

MYH Bid: 78p Offer: 80p Change: 1 not bad - only 2,000 traded so far!!

Cant be long before we get some bullish news from the management.

I hear they have a stand at Winnies Master Investor, I think its this weekend. N Wrays got a slot speaking, so there might be a slither of news and speculation after Sunday.

Theres also another trade show coming up aswell, London I believe.

Hi gf,

I think given the right news this one will be another TAN/WNG over time! I'm quite excited about MYH (2007 and beyond) e.g. their existing products, potential future acquisitions, management and their backers. I'm seriously considering selling my LEAD (Leadcom) holding and topping it up with MYH, as I have had one frustrating 9 months holding this one.

Good luck all!

Hi Ian,

I rate the company very highly probably the best one Ive held in the last 10 years and ive been investing for 25 years.

I think the prospects are superb.

As for leadcom sorry I cant help you there but I know PP rates it highly and I respect him very much.

Best of luck whatever you choose to do.

Cheers Gf.

Myhome are at an exhibition at London Olympia, today and tomorrow.

Anyone planning to go? Do report back if so. TIA

So its today. That ties in with Winnies Master Investor then.

http://www.investegate.co.uk/article.aspx?id=200703231246066116T

Addworth also rate Myhome highly.

As per above link activated...

http://www.investegate.co.uk/article.aspx?id=200703231246066116T

Some very early buying on a monday morning.

Wonder if any good news came up at Master Investor and also the London Franchise Fair this weekend.

Interesting very interesting report back from one of those who attended Winnies Master Class this saturday. Here are his scribbled notes refering to MYH which were discussed at the show on the SIPP BREAKFAST.....

MYHOME MYH Simon McNeil Ritchie

Don't forget it is now Myhome International. In US the domestic franchise market is worht $billions, and MYH hopes to crack it as part of its growing internation effort. This involves teaming with experienced franchisors abroad.
The UK business is going v well. A new bespoke HQ in Esher with a call centre opens in April 2007 and core support (Ads, IT, Finance, Training, CallCentre) is about to be switched on to facilitate even better support and cross-selling. There are now 350 businesses in UK alone. Exhibiting at Brum Franchise Exhib and currently at Olympia are providing many leads.
MYH gives predictable revenues in a boring business which is liked by Wray and Hemsley, who have invested 4m. There are little upfront costs, as the franchisee pays a fee upfront, and then we receive 10% of turnover. The failure rate of new independent businesses is 50-90% whereas franchise failure is less than 1%. Applicants are strongly screened to include on the better ones.
MYH had a great start when it took it from Unilever, as the people, services, training and IT was already set up. It was a small boring business which was not part of Unilever's plans for the future.

This point looks paticulary interesting...

Don't forget it is now Myhome International. In US the domestic franchise market is worht $billions, and MYH hopes to crack it as part of its growing internation effort. This involves teaming with experienced franchisors abroad.

Always wary of a small UK co trying to crack US market. But I guess now the US housing market is dead, people will need their homes cleaned instead of sold!

Goldfinger my concern is market size

In UK above mentioned they have 350 businesses in UK

If say t/o per business is 400/week -- here I assume single person businesses
with that person working v.hard

So assuming 50 weeks of work per year --- 20,000 t'o giving MYH 2,000 per business. So with 350 businesses thats ongoing rev of 700,000 p.a.

Assume now my figs are to low and say each business will turn 30,000 pa. - not sure how but there you go

So to get to say 6m of t/o they need 2,000 businesses

Assume 20m households in UK and 10% have a cleaner (high but what the heck) ---that's 2m households using a cleaner say on ave 5 hours a week (high again)

That's 10m hours of cleaning using say 10/hour cleaning rate (high again) gives a mkt size of 100m. Now if they get 2,000 MYH franchisees that achieve 30,000 turnover --- they are cleaning for 6m hours --- that's 60% market share !! To get the company to trade at 6x sales

Now I know that they have other franchises and are apparently branching out internationally but its not a monopoly situation, let alone the one person cleaning, gardening businesses. Sure they get one off payments that I'm not counting just looks like a single figure PE business too me

I've probably got all the figures wrong (not the first time) but I just can't see the market size for this justifying the company's market cap at this stage

GF

Are you getting nervous with this?

MS

No certainly not Mickey.

Confidant puts up his case and its nice to see a differing view just to keep us all on our toes.

What he seems to forget is the cross selling opportunities and the fact that this is a business that is sold and marketed to a very snobby upper class elite. More of them by the day by the way.

Especially in the USA.

If interest rates were to rise I dont think it would hurt this business one jot, and thats the beauty of it, the customers need the service just to swank to their freinds and neighbours.

Theyd rather get rid of the dogs than the cleaning and ancillary service.

I do appreciate the posters who can look at this business and give an alternative view.

Many thanks confidant.

I think that the recent sale of ServiceMaster in the US was aprox 4.5 Billion$. Given the difference in sizes of the economies a market cap of 100M for Myhome seems plausible. I had similar concerns but cross selling , aquisitions , higher value services... I have a some faith in that the major shareholders here will help me to fund my old age. But you are correct confidant to be wary and an alternative view is always a good reminder that shares do go down.

Hopefully the figures I've put forward are all wrong -- I was looking to buy these but decided against but have no interest in them

I will point out though the point you make, Madelin, regarding Servicemaster

From what I've got from the internet these guys make most of sales in gardening stuff, then pest control and "only" sales of around $560m in home maintenance

That's 280m in an economy say 6x bigger (guess) . So divide 280m by 6 gives us target turnover of c45m. That's not too bad but is likely to be some way off for MYH --- Servicemaster was taken out at 1.5x ev/sales so assuming MYH gets to same mkt share in UK as SMaster in US then could say cleaning business could be worth say 65m mkt cap. That's a big IF though, also we should ask WHEN too. Current market cap is more than half this 65m already. Note also SM does contract work I think

The big one for ServiceMaster seems to be gardens but given all the differences betw' US and UK the size of the market here in the Uk will be many times smaller. What's the average garden size here vs in US? How quick does the grass grow vs grass in California? etc

Overall on this quick summary then there could be a big enough market out there for MYH but how long will it take them to get there?

Also could mean nice'n'stripy might be better than had thought as not looked at that at all.

So overall I'm coming round a bit more to the stock but will probably wait for a market set back, also upside is not 10, more 150p if things go very well.

Plus one point re economic sensitivity. Goldfinger, correct me if I'm wrong, you think MYH is not sensitive to economy. I think it's hugely sensitive to the economy. Alot of work will be done for dual income families. If one of the 2 loses their job what will be the first to go ........ the cleaner OR the gardener ? And second ?

Well if we take that analogy confidant we might aswell look at every business in Britain with a thumbs down. (glad to see you interested in the stock)

This was taken from a Franchise magazine...

The business sounds almost too good to be true. But Russell assured me that customers are prepared to hand over a set of keys, and they give their credit card details in advance enabling My Home to simply deduct its fee. What is more, these wealthy and house proud customers are the sort " to tidy up before we arrive".

Nigel Wray (major share holder) said at Master Investor 2007 that he was looking at a SP of 150p in 1 to 2 years. He is a significant shareholder.

Thanks for that, Silver. Shares Mag pointed out some while back that Wray's is an act often worth following.

Thumbs up then.

:o)

Well we have a nudge up.

A short but sweet trading update this morning!

Indeed! Nice period of consolidation with a floor at 77.5p building a useful base from which to mount the next assualt on higher ground.

And should start to hit a few radars soon all being well.

Does that mean we're to expect the half year results out, on or before 23rd April? That would be fast!

RNS in full...

Myhome International PLC
30 March 2007



Myhome International ('Myhome' or the 'Company')



Pre-close trading update and posting of report and accounts



The Board of Myhome, one of the UK's leading franchisers of residential
services, announces that ahead of the end of the six months to 31 March 2007 the
Company's trading for this period has been in the line with its expectations.
During this period the Company successfully moved from Plus Markets to AIM and
raised 4 million from Nigel Wray, Stephen Hemsley and certain other
individuals. The Board continue to view the future prospects for the Company
with confidence.



In addition, the Company has today posted its report and accounts for the year
ended 30 September 2006 to its shareholders. Included in these report and
accounts is a notice convening an annual general meeting ('AGM') of the Company
to be held at 11:00 a.m. on 23 April 2007. The AGM of the Company will be held
at the offices of Noble & Company Limited, 120 Old Broad Street, London EC2N
1AR.



Copies of the report and accounts will be available for a period of one month
from the date of this announcement, free of charge, from the Company's offices
at 119 Richmond Road, Kingston, Surrey, KT2 5BX.



ENQUIRIES:



Myhome International Plc 020 8404 6479

Hello chaps,

Been working in Canada so have been fairly quiet on the board over the last few weeks, but got a phone call this afternoon from my bank colleague who I have discussed (at length!) MYH with. He rang to tell me about a programme that was on tv at the time called 'get your life in order' evidently it was produced by the team behind the money programme and featured MYH in some detail - did anyone see it???? - if so any comments. I have just been on the web here and pulled off this

Get Your Life in Order!

Fri 30 Mar, 7:00 pm - 7:30 pm 30mins

Website: http://www.bbc.co.uk/moneyprogramme

Servants are no longer the privilege of the super rich. As we all become busier, The Money Programme's Libby Potter investigates the boom in businesses that aim to take the strain. For many of us it's no longer simply a case of having somebody in to help with the cleaning, now there are companies that offer to organise every aspect of your private life from getting a plumber to finding somewhere to live.

Major companies like Cadburys and Microsoft are now offering their staff lifestyle managers as part of their employment packages. And at the top end there's the millionaire's version that panders to your every whim at any time all over the world. So is it worth it? Can you really get your life in order? [S]

Sounds very interesting - pity I missed it.

Will dig a bit more, but interested in any ones comments - this could give us a little nudge up on monday if shown in a positive light.

Howdy to all

Augustman

Just found this about the prog....looks like good promotion for MYH

BBC NEWS
Get your life in order
By Ben Limberg
BBC Money Programme

Long working hours. Tiring commutes. Cheap migrant labour. More mothers returning to work.

All these have led to a society where many of us are too tired - or too lazy - to do the cleaning.

A society of cash-rich but time poor workers has fuelled the rising demand for domestic help within the home, and is the reason behind the rise of lifestyle management companies that not only cater for the high-flying executives and millionaires among us but also for the "ordinary" people.

This social trend of outsourcing our private lives to "domestic professionals" has created an industry estimated to be worth 4bn a year.

Outsourcing

Lawyers Richard Perris and Tanya Biegler are among those who realised their hectic work schedules left them little time for socialising.

So spending their few remaining hours at the weekend cleaning their flat in North London was the last thing they wanted to do.

After they had tried various local cleaners with little success, they decided to pay a little extra and call Myhome, a professional cleaning company.

Lifestyle managers require a degree of personalisation not present in many of today's service offerings

Myhome, a franchise cleaning business, is typical of the new companies that have sprung up hoping to capitalise on the growing demand for home help.

One franchisee is Niall Power, who gave up a job in the City to buy the North London operation. He employs many staff from the new member states of the EU from Eastern Europe and has seen his business grow rapidly.

Guilty conscience?

The surge in demand for cleaning services is holding up a mirror to some rather unusual trends in British society.

For one thing, it appears that - for Myhome at least - Monday is the busiest day of the week. Its chief executive, Russell O'Connell, believes that is down to demand from couples who have had a domestic squabble over the weekend - and have resolved to do something about it.

For another, we are no longer a society which is entirely comfortable with the idea of help around the home. A survey done in 2006 for Gumtree.com - a website for local community adverts - suggested that almost one in four people felt guilty about employing someone to do their dirty work.

Still, the same website has seen a growth of 265% in people advertising for domestic staff. The other 76% clearly have no such hang-ups.

Lifestyle management

And it's not just cleaning: time-consuming tasks such as walking the dog or de-cluttering the garage seem to be too much like hard work for many of us as well.

As a result, lifestyle management is becoming something for ordinary people, not just high-flying executives and pampered celebrities.

TenUK is the largest lifestyle management company within the UK. With 5,000 private clients who pay at least 100 a month, as well as some 75,000 corporate clients, its anticipated turnover for this year is 10m.

Major employers such as Microsoft and Cadbury Schweppes are now including lifestyle management services as part of their benefits packages for some staff.

Specialist services

Even if lifestyle management has gone mainstream, though, there are still companies whose services are tailored solely to the more archetypal client: that is, the very well-heeled.

One such is Quintessentially, which says that if it can't do it, nobody can.

Previous successfully-completed requests from members include organising six albino deer for a wedding, and organising Egypt's top historian to open up a pyramid for a private viewing.

But service like that comes at price: 24,000 a year.

The Money Programme: Get your Life in Order, Friday 30 March at 1900 on BBC Two.

Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/1/hi/business/6507127.stm

Published: 2007/03/29 18:12:08 GMT

BBC MMVII

Excelent post AM wish Id seen it earlier.

Agreed; thanks Augustman.

And I still say, if I had a family and was cash-rich but time-poor the first thing I think of doing would be to outsource the cleaning.

AUGUSTMAN
Yes a good find cheers.

Augustman, thanks for the post - looks like a bit of good free publicity.

Are we to expect the interim results before 23rd April and the AGM, does anyone know? Would seem a bit soon, although the interims were released on May 23rd last year.

Biscuit not sure myself.

Plus site seems to have wiped off all historical data.

Myhome International PLC
18 April 2007

For immediate release
18 April 2007



Myhome International plc

('Myhome' or the 'Company')



Holdings in the Company



In accordance with Chapter 5 of the Financial Services Authority's Disclosure
and Transparency Rules, the Company was informed on 18 April 2007 by certain
major shareholders of the following beneficial interests in the ordinary share
capital of the Company:


Shareholder Number of shares Percentage of issued
voting share capital


Nigel Wray 6,875,000 14.87 %

Russell O'Connell 5,494,052 11.88 %

(Chairman of Myhome)

Starvest plc 3,300,000 7.14 %

Stephen Hemsley 2,500,000 5.41 %

Franchise Investment Strategies plc 1,625,000 3.51 %





For further information please contact:



Myhome International plc 07767 772177
Jonathan Jenkins


Noble & Company Limited 020 7763 2200
Nick Naylor



Bishopsgate Communications Ltd 020 7562 3350
Nick Rome
Maxine Barnes








This information is provided by RNS
The company news service from the London Stock Exchange

42.81% "tightly" held. Unilever's share now does not figure - so below 3%?

The above seems to give them effective control of the company - although not sure where Starvest's alliegences lie.

Interesting.

Does look like they are commited.

A few over the road had concerns when Wray and chums went in.

Is anybody going to the AGM on Monday? Are we to expect the interim results Monday too?

Biscuit

Would like to but shall be in sunny Budapest for the week. All first hand reports welcome.

Jammy so and so.

GF, if you only knew. A Russian banker I'm supposed to g'tee performance against a loan from (should I get my legs insured?) on Tuesday and a psychotically challenged client on Wednesday who just yesterday had to be physically restrained from attacking one of her staff!

I was using "sunny" in a loose and jesting manner!

Myhome International PLC
23 April 2007

For immediate release
23 April 2007



Myhome International plc
('Myhome' or the 'Company')


Result of AGM



The Board of Myhome announces that at the Company's Annual General Meeting held
earlier today, all resolutions were duly passed.



ENQUIRIES:



Myhome International Plc 020 8404 6479
Russell O'Connell, Chairman


Noble & Company Limited 020 7763 2200
Nick Naylor
Alastair Maclachlan

Bishopsgate Communications Ltd 020 7562 3350
Nick Rome
Maxine Barnes

All gone a bit quiet here, hopefully a bit up upward momentum soon...

Yes was thinking the same myself.

Results arent that far off are they?.

Wonder if they have some goodies for us then.

new board appt - anyone know of this chap?



Myhome International PLC
09 May 2007

Embargoed for release at 7.00 a.m. 09 May 2007

Myhome International plc
('Myhome' or the 'Company')

Key management appointment


The Board of Directors of the Company is pleased to announce that Clive Smith
has joined the Myhome senior management team as group franchise operations
director.

Clive joins the Company from his previous role at Dyno Group ('Dyno'), where he
spent over 15 years in a number of roles including Marketing & Operations
Director. Following Dyno's acquisition by Centrica in 2004, Clive was appointed
Head of Business, where he was responsible for devising and delivering
operational, marketing and sales strategy for each Dyno business unit.

Russell O'Connell, Chairman, said: 'Clive's experience at Dyno, overseeing both
the creation and continued growth of a successful multi-brand franchise
operation, is second to none. His expertise will be a welcome addition to the
Myhome management team, as the Company continues to grow both organically and by
acquisition.'

Clive Smith, noted: 'It is certainly an exciting time to join the Company, as
Russell's vision of a multi-service franchise network fast becomes a reality. I
look forward to helping the Company consolidate and accelerate its growth
strategy.'


Enquiries:

Myhome International plc 01372 471 573
Russell O'Connell

Noble & Company Limited 020 7763 2200
Nick Naylor
Alastair Maclachlan

Bishopsgate Communications Ltd 020 7562 3350
Nick Rome
Maxine Barnes



This information is provided by RNS
The company news service from the London Stock Exchange FKQABKDAPK

Another appointment.

Im hoping somethings going on behind the scenes.............

Myhome International PLC
09 May 2007

Embargoed for release at 7.00 a.m. 09 May 2007

Myhome International plc
('Myhome' or the 'Company')

Key management appointment


The Board of Directors of the Company is pleased to announce that Clive Smith
has joined the Myhome senior management team as group franchise operations
director.

Clive joins the Company from his previous role at Dyno Group ('Dyno'), where he
spent over 15 years in a number of roles including Marketing & Operations
Director. Following Dyno's acquisition by Centrica in 2004, Clive was appointed
Head of Business, where he was responsible for devising and delivering
operational, marketing and sales strategy for each Dyno business unit.

Russell O'Connell, Chairman, said: 'Clive's experience at Dyno, overseeing both
the creation and continued growth of a successful multi-brand franchise
operation, is second to none. His expertise will be a welcome addition to the
Myhome management team, as the Company continues to grow both organically and by
acquisition.'

Clive Smith, noted: 'It is certainly an exciting time to join the Company, as
Russell's vision of a multi-service franchise network fast becomes a reality. I
look forward to helping the Company consolidate and accelerate its growth
strategy.'


Enquiries:

Myhome International plc 01372 471 573
Russell O'Connell

Noble & Company Limited 020 7763 2200
Nick Naylor
Alastair Maclachlan

Bishopsgate Communications Ltd 020 7562 3350
Nick Rome
Maxine Barnes

A bit of summer drift coming into play here, happened last year aswell.

Results soon should perk it up again.

Myhome International PLC
16 May 2007

Embargoed until 7.00 a.m.

16 May 2007



Myhome International plc

('Myhome' or the 'Company')



Unaudited interim results for the six months ended 31 March 2007

Interim Profits double in maiden AIM results



Myhome, one of the UK's leading franchisors of residential services, is pleased
to announce its interim results for the six month period to 31 March 2007.



HIGHLIGHTS



Profit before taxation for the six months increased by 166% to GBP 742,379
(compared to GBP278,663 for six months to 31 March 2006 and GBP 733,787 for
year ended 30 September 2006)



Basic earnings per share increased by 45% to 1.48p (6 months to 31 March
2006: 1.02p; year ended 30 September 2006 1.77p)



Network turnover up 439% to GBP17m from GBP3.15m (31 March 2006)



Share price increased by over 70% since the start of the current financial
year (1 October 2006)



Shareholder base strengthened by a number of institutional investors and
4m investment headed by Nigel Wray and Stephen Hemsley



Number of franchise territories now operating totals: 363 (30 September
2006: 295)



Northern Ireland Master Licence for Ovenclean awarded



Admission to AIM completed on 29 December 2006



POST BALANCE SHEET HIGHLIGHTS



Move to purpose built headquarters in Esher completed in April 2007



Launch of additional window cleaning service in May 2007



Clive Smith, former Head of Business at Dyno Group joined the senior
management team as Franchise Operations Director in early May 2007



Russell O'Connell, Executive Chairman, Myhome International plc, commented:



'This has been a dynamic six months for the Company - not only has the momentum
of growth continued across our franchise operations but also we have also
completed the transition to AIM and the move to a new corporate HQ, both on time
and on budget. The Myhome vision of becoming the international multi-brand
franchise network for premium residential services is clearly on track as we
today report our maiden AIM results.



'We look forward to the second half with our expanded management team, a strong
pipeline of potential franchisees, a maturing royalty stream and excellent
support from our shareholder base. We are confident we are on track to meet
market expectations.'



Enquiries



Myhome International plc 01372 471 573
Russell O'Connell



Noble & Company Limited 020 7763 2200
Nick Naylor/Alastair Maclachlan



Bishopsgate Communications Limited 020 7562 3350
Nick Rome / Maxine Barnes


Myhome International plc
Unaudited Interim Results
for the six months ended 31 March 2007



Executive Chairman's Statement



It gives me great pleasure to report the interim results of Myhome International
for the six month period to 31 March 2007.





Financial Results



Our profit before taxation for the six months of GBP 742,379 is a 166% increase
on the comparable six month period 31 March 2006. It also exceeds our previous
results for the full year to 30 September 2006.



The rise in turnover and a tight control over cost of sales has led to an
increase in gross profit of 83%. Further cost efficiencies and control of
administrative expenses has led to an increase in profit after tax of 143%,
compared to the period to 31 March 2006.



Our basic earnings per share is up by 45% to 1.48p per share, as we continue to
improve shareholder value by continued growth - both organically and by
acquisition.



All our businesses remain on track, with interest from potential franchisees,
customers and investors still very strong.





Strong Franchise Recruitment



Our franchise network now comprises 363 operations, with all our domestic
services brands - Myhome, Nicenstripy, Ovenclean, Autosheen and Surface Doctor
continuing to expand their coverage in the UK. Myhome's presence at all
prominent franchising events has ensured a strong pipeline for all brands. This
has been supported by a innovative marketing campaign across all media,
including a 10 minute profile on the BBC Money Programme's 'Get Your Life in
Order' broadcast in March.



Our existing international master franchises in Ireland and Australia all
continue to progress in line with expectations. Also during the period under
review, Ovenclean awarded a master licence for Northern Ireland. We expect to
announce the award of further master franchises in the future.





New business launched



The Company announces the launch of its window cleaning franchising business, a
natural addition to the existing Myhome product range and customer base. With a
pilot operation already in place, the franchise programme is already in
development, and will look to launch its franchise network during the coming
financial year.





Corporate activity



After almost five years on Plus Markets, the Company's shares were admitted to
trading on AIM on 29 December 2006. The move to AIM has already had a
considerable impact on the profile of the Company, with an increasing number of
institutional shareholders on the register, as well as an increased level of
support from retail investors. Concurrent with the move to AIM, the Company
secured an investment of 4m from a group of investors, led by Nigel Wray and
Stephen Hemsley.



Our commitment to investor relations has ensured that the Myhome story continues
to be heard by a wider audience, both in the investment community and financial
media.



In April, the Company moved to its new purpose-built headquarters, following the
acquisition and refit of 4,000sq ft of offices in Esher, Surrey. This move
enables the Company to centralise further core functions, such as marketing,
accounts and IT, specifically incorporating an upgraded call centre facility to
service Group franchisees, customers, and to kick-start cross-selling programmes
across our range of premium residential services.



Management Team



The management team was strengthened by the appointment of Jonathan Jenkins and
Martin Ward to the plc Board upon Admission of Myhome shares to trading on AIM
as Chief Operating Officer and Finance Director respectively.



Jonathan brings with him over 14 years of City experience, most recently being
the MD of Plus Markets Group. His input on investor relations, funding,
acquisitions and corporate governance has already proved invaluable, not least
in managing the move to AIM.



Having trained at Baker Tilly as a Chartered Accountant, Martin has worked with
a number of companies in financial control functions over the past decade,
including Rentokill, Budweiser, and Technicolor Inc.



As the Company has recently announced, Clive Smith has joined the senior
management team as group franchise operations director. Clive previously spent
over 15 years at the Dyno Group in a number of roles including Marketing &
Operations Director. Following Dyno's acquisition by Centrica in 2004, Clive was
appointed Head of Business, where he was responsible for devising and delivering
operational, marketing and sales strategy for each Dyno business unit.





Dividends



No interim dividend is being proposed. As described in the Company's admission
document dated 29 December 2006, it is the Board's policy that, subject to the
availability of distributable reserves, dividends will be paid to shareholders
when the Directors believe it is appropriate and prudent to do so. However, the
main focus of the Company will be in delivering capital growth for shareholders.





Future prospects



We look forward to the second half with our expanded management team, a strong
pipeline of potential franchisees, a maturing royalty stream and excellent
support from our shareholder base.



Our organic growth will continue to be enhanced by our acquisition policy, with
franchises such as dry cleaning, carpet cleaning, security, electrical and
plumbing being of particular interest. These would fit seamlessly into the
Myhome infrastructure and customer base.



I would like to thank our shareholders, customers and our staff for their
continued commitment to the Company in these exciting times.



We look forward to the second half with our expanded management team, a strong
pipeline of potential franchisees, a maturing royalty stream and excellent
support from our shareholder base. We are confident we are on track to meet
market expectations.



Russell O'Connell
Executive Chairman
16 May 2007




Myhome International plc

Unaudited consolidated profit and loss account for the six months ended 31 March
2007


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Notes Unaudited Unaudited Audited
'000 '000 '000



NETWORK TURNOVER 17,000 3,150 13,000

Turnover 2 1,843 1,202 2,664

Cost of sales (276) (345) (529)



GROSS PROFIT 1,567 857 2,135

Other operating income - - 23
Administrative expenses (825) (579) (1,417)



OPERATING PROFIT 742 278 741

Finance costs (43) (3) (13)
Finance income 43 3 5



PROFIT BEFORE TAXATION 742 278 733

Taxation 3 (141) (30) (212)



PROFIT AFTER TAXATION 601 248 521


Attributable to:
Equity holders of the parent 5 601 248 521


Earnings per share

Basic 4 1.48p 1.02p 1.77p
Diluted 4 1.10p 0.80p 1.59p




Myhome International plc
Unaudited consolidated balance sheet as at 31 March 2007


As at As at As at
31 March 2007 31 March 30 September
2006 2006
Notes Unaudited Unaudited Audited
'000 '000 '000
ASSETS
NON-CURRENT ASSETS
Goodwill 4,378 615 4,375
Intangible assets 417 - 252
Property, plant & equipment 1,942 418 386
Investments 100 100 100

6,837 1,133 5,113
CURRENT ASSETS
Inventories 26 3 12
Trade and other receivables 2,426 1,381 1,861
Tax receivable - 213 -
Cash and cash equivalents 3,268 70 808

5,720 1,667 2,681
CURRENT LIABILITIES
Trade and other payables (925) (419) (1,518)
Financial liabilities
Interest bearing loans and borrowings (42) (131) (119)
Bank loan and overdraft - (143) -
Tax payable (160) (4) (4)

(1,127) (697) (1,641)


NET CURRENT ASSETS 4,593 970 1,040

NON-CURRENT LIABILITIES
Trade and other payables (375) - (375)
Financial liabilities
Interest bearing loans and borrowings (1,688) (33) (627)

(2,063) (33) (1,002)


NET ASSETS 9,367 2,070 5,151


SHAREHOLDERS' EQUITY


Called up share capital 2,312 1,214 1,731
Share premium 6,503 1,177 3,468
Profit and loss account 552 (321) (48)

Total shareholder's equity 5 9,367 2,070 5,151

TOTAL EQUITY 9,367 2,070 5,151





Myhome International plc
Unaudited consolidated cash flow statement for the six months
ended 31 March 2007


6 months 6 months Year
ended ended ended
31 March 2007 31 March 30 September
2006 2006
Notes Unaudited Unaudited Audited
'000 '000 '000

Cash flows from operating activities
Cash generated from operations 6 (56) (259) 1,289
Interest paid (43) - (14)
Interest received 43 - 5

Taxation received/(paid) 16 - 4

Net cash (outflow) / inflow from operating (40) (259) 1,284
activities


Cash flows from investing activities
Purchase of goodwill (5) (311) (4,070)
Deferred payment on acquisition of (375) - -
investment
Purchase of intangible fixed assets (165) - (252)
Purchase of tangible fixed assets (1,556) (253) (330)
Sale of tangible fixed assets - - 35

Net cash (outflow) from investing (2,101) (564) (4,617)
activities


Cash flows from financing activities
New loans in period 1,062 76 500
Loan repayments in year - - 2
Capital repayments in period (77) - 157
Share issue 4,156 306 3,114
AIM listing fees & related expenses (540) - -

Net cash inflow from financing activities 4,601 382 3,773


Increase/(decrease) in cash and cash 2,460 (441) 440
equivalents

Cash and cash equivalents at beginning of 808 368 368
period

Cash and cash equivalents at end of period 3,268 (73) 808





Myhome International plc
Notes to the unaudited interim results for the six months ended 31 March 2007



1. Basis of preparation



The above financial information does not constitute statutory accounts within
the meaning of section 240 of the Companies Act 1985. The figures for the year
30 September 2006 are based upon the latest statutory accounts, which have been
delivered to the Registrar of Companies; the report of the auditors on those
accounts was unqualified and did not contain a statement under Section 237(2) or
(3) of the Companies Act 1985. The six months figures use the same accounting
policies as for the year ended 30 September 2006. The six months figures have
not been audited or subject to review by the company's auditors.



2. Turnover



The turnover and profit for the period are attributable to the principal
activities of the group, which are carried on entirely within the United
Kingdom.



3. Taxation


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Unaudited Unaudited Audited

'000 '000 '000
Based on the result for the period:
UK Corporation tax at 30% (141) (30) -
(2005: 30%)

Total current tax (141) (30) -

Deferred taxation:
Origination and reversal of timing - - (212)
difference

Taxation payable (141) (30) (212)



4. Earnings per share


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Unaudited Unaudited Audited
'000 '000 '000

Profit after taxation 601 248 521


Weighted average number of shares in 40,497,373 24,281,680 29,453,970
issue

Weighted average number of shares in
issue after allowing for dilutive
potential ordinary shares 54,432,789 30,831,680 32,753,970



Earnings per share:

Basic 1.48p 1.02p 1.77p

Diluted 1.10p 0.80p 1.59p




5. Reconciliation of movements in equity shareholders' funds


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Unaudited Unaudited Audited
'000 '000 '000

Shares issued (net of issue costs) 3,615 307 3,115
Profit for the period 601 248 521

Total movements during the period 4,216 555 3,636
Opening equity shareholders' funds 5,151 1,515 1,515

Closing equity shareholders' funds 9,367 2,070 5,151







6. Notes to the consolidated cash flow statement



Reconciliation of operating profit to net cash inflow from operating activities


Six months Six months Year
ended ended ended
31 March 31 March 30 September
2007 2006 2006
Unaudited Unaudited Audited
'000 '000 '000

Operating profit 742 278 741
Depreciation 35 55 126
Loss on disposal of fixed assets - - 1
Increase in stocks (14) (3) (11)
Increase in debtors (565) (865) (1,345)
Increase in creditors (254) 276 1,777

Net cash inflow from operating activities (56) (259) 1,289





7. Post balance sheet events



The Company has acquired the entire share capital of Clean Team (Windows)
Limited. The total consideration, dependent on minimum performance criteria, is
GBP1.67m. The payment schedule for consideration is as follows: GBP170,000 cash
paid upon completion in April 2007, to be followed by deferred payments over a
period of three years, in cash or shares, of GBP1.5m dependant on contributing
minimum EBITDA of GBP1.25m.




NOTES TO EDITORS:

Myhome International plc is a multi-product multi-branded franchise operator,
specialising in the provision of premium residential services, with its
franchisee network fast approaching 400 outlets. Myhome currently provides five
key residential services: cleaning, garden maintenance, kitchen/bathroom
resurfacing, specialist oven cleaning and car valeting via the group's Myhome
Clean, Nicenstripy, Surface Doctor, Oven Clean and Autosheen brands
respectively. It also operates franchise education seminars via the Franchise
Alliance subsidiary.

Myhome Clean

After the acquisition of Unilever's residential cleaning division in 2001, the
Company accelerated the development of the business so that it could commence
franchising. In October 2003 the Company launched its franchise programme,
having targeted over 250 potential franchise areas. The Myhome service operates
a unique Tri-Colour System to ensure a predictable high quality service to its
customers. With over 60 franchisees, Myhome Clean is the flagship brand of the
Group. Myhome is a member of the British Franchise Association


www.myhomeplc.com


Nicenstripy

Myhome acquired Nicenstripy, a company which carries on a garden services
franchise operation, in two stages in November/December 2005 and April 2006. Now
based in Crawley, the lawn maintenance business carried out under the
Nicenstripy brand was originally formed in 1996. Currently, Nicenstripy's
franchise partners can offer a range of services to customers for all seasons
including grass cutting, lawn care, turfing, hedge cutting, maintenance, garden
tidyups and leaf clearance. Nicenstripy has created a strong corporate image,
including distinctive vehicle markings, uniforms, marketing approach,
advertising and stationery. Nicenstripy is now eligible for commercial contracts
as a result of it being awarded ISO9001 status in June 2006.


www.nicenstripy.com


Surface Doctor

Myhome purchased the master franchise rights for Surface Doctor in the UK and
Ireland from Miracle Method, Inc in February 2006. The business of Miracle
Method, Inc., which has developed the Surface Doctor brand, is established in
the US. The Surface Doctor system provides the franchisee with a process to
repair and refurbish kitchen surfaces and cabinets, bathrooms, tiles and other
surfaces, utilising a proprietary bonding agent to restore and re-colour
cabinets, worktops, baths, sinks and tiles. The process applies a highly durable
new surface to the old surface. For the end customer, the Surface Doctor
provides a durable refurbishment with a high quality appearance for
approximately one third of the cost of replacement and usually in only two days.


www.surfacedoctor.com


Ovenclean

Ovenclean operates a Buckinghamshire-based franchise business that was
established in 1994 to clean ovens, hobs, ranges, microwave ovens, barbeques and
AGAs in residential homes. Since then Ovenclean has built a large customer base
across its network. Ovenclean was acquired in June 2006, and has grown to
provide a network over 200 operatives, with a large customer database.


www.ovenclean.com


Autosheen

Autosheen was acquired in August 2006 and operates an established franchise
brand providing a national car valeting network. Autosheen is considered by the
Directors to be a leading car valeting service provider, with 16 operatives in
the. The car valeting provided involves a number of Autosheen branded products
to treat paintwork, leather, vinyl, glass and upholstery. The specialist
products are used to protect the interior, protect the paint, give the vehicle a
'showroom' freshness, and provide an eco-friendly waterless valet solution. In
addition to the franchisees' own marketing efforts, Autosheen has also secured
contracts to provide valeting solutions to some of the UK's major vehicle
fleets, helped by its own recent ISO recognition.



Franchise Alliance

Franchise Alliance Limited is an educational organisation sponsored by Natwest,
which provides informational seminars for potential franchisees. Together with
speakers from the legal and banking sectors, a select group of franchisors are
able to present to the audience, providing access to potential franchise
recruits.


www.myfranchise.net





This information is provided by RNS
The company news service from the London Stock Exchange BE





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2006 MoneyAM

What's your thoughts on the results GF? More or less what u expected?

Yep chad steady away, strong results.

I notice at first glance theres something to do with Window cleaning.

Market likes the figures, sps moved up.

Steaming at the moment.

I admit to having to sell out of this on Monday as I needed more funds for HAIK. Anyway feel vindicated for the moment as HAIK is up soms 35%+ on week, but will be back here because I like this story too.

Also out at the moment.

Still in and a long term hold. Looking good thus far.

Monishas just tipped it....

16th May 2007 Contact: Monisha Varadan
monisha@t1ps.com
0207 562 3370


My Home International*: Buy at 80p Price Target 120p

Key Data

EPIC MYH
Share Price 78.5p
Spread 77p - 80p
Total
no of shares 46.24 million shares
Market Cap. 36.30 million pounds
12 month range 64.50p-84.50p
Market AIM
Website www.myhomeplc.com
Sector Support Services
Contact Russell O'Connell
01372 471 573


AIM listed multiple franchise operator Myhome International has today reported a sharp increase in profits for the half year to March 31st 2007. The numbers reported and a confident statement about prospects leave us confident that the company can maintain its impressive rate of earnings growth and we are maintaining our stance at buy and have set a 12 month price target for the shares of 120p.

Sales in the six months to March 31st increased by 53% to 1,843,000. Profit before taxation for the half year increased by 166% to 742,379 from 278,663. To fully appreciate the speed of profits growth it is worth noting that in the full year to September 30th 2006 pre-tax profits were only 733,787. In the first half of this year earnings per share increased by 45% to 1.48p. The difference between the rate of earnings growth and profits growth is partly due to the issue of 4 million of new shares in December to Nigel Wray and Stephen Hemsley, the CEO of Dominos Pizza, and partly due to an increase in the tax charge from 10.9% to 19%.

Myhomes entire operation is already starting to benefit from the recent company move to new, 4,000 square foot offices in Esher, Surrey. The new premises enable the company to increase returns by increasingly cross-selling services across its various subsidiaries. Myhomes management team and company board was strengthened in December by the appointment of Jonathan Jenkins, as Chief Operating Officer, and Martin Ward as Finance Director.

As an indicator of Myhomes capacity to scale up, it has announced, with todays figures, that it is launching a brand new franchise business in window cleaning. A pilot operation is now running and the group plans to launch a full service later on in the current financial year. Todays move into window cleaning, and the strong organic growth being delivered across the group from the four acquisitions made over the last two years ( Nicenstripy, Surface Doctor, Ovenclean, and Autosheen) will drive strong top and bottom line growth over the coming year. With 3.2 million of cash available at the period end, Myhome is well placed to accelerate its growth with further bolt-on acquisitions although our forecasts do not account for any new transactions.

We forecast that pre-tax profits for the full year to September 30th 2007 will reach 1.87 million rising to 3.97 million next year. That equates to earnings per share of 3.02p this year and 6.01p next. On that basis the shares now trade on a September 2008 price earnings ratio of just 13.3 which fails to discount the track record of delivery and promise of future earnings growth as well as the strong balance sheet. Our recommendation is buy and our 12 month target price is 120p.

I'm with you sivermede in long term also. I thought the results were excellent especially interesting were the master franchises in Australia and Ireland which reports continued in-line performance. The UK is a huge market but... its comforting to know that the franchise is developing overseas for even further expansion.

I'm surprised that they havent set-up a dog walking franchise as they seem to have everything else sewn up for home owners. lol

Here's hoping their maiden AIM results will now push the price upwards and place MYH in the radar of more investors.

Good luck all holders!

I didnt expect the market to respond to this extent. Not that I'm complaining. This looks like a new high 85p.

My SIPP has just received a nice boost with this one.

luvely jubbly!!

I hear Russell is investigating a Stock Picking service for all you cash-rich time-poor peeps out there - MyStock. This is one stock I picked for myself and am not letting go for 2-3 years.

Good results and nice to get Monisha's positive views (however driven)

Nice one stockdog!

And its getting stronger, up 2p now.

Iankn73, never work with animals & children!

Im expecting a couple of new broker reports at any time here.

Heres one already...

http://www.equitydevelopment.co.uk/downloader/414

For the TA bufffs heres Zak Mirs take on the company....

"I have to say that there is not a lot I know about the fundamentals of residential homes services provider MyHome, apart from the fact that its H1 results on Wednesday were apparently very good indeed. Good enough to trigger a very chunky rise in the share price and good enough to alter the technicals of the daily chart in a very positive way as well. This can be seen from the way there has been a break through the April resistance area of 82p, something which implies that above this zone would could be treated to an eventual target as high as the late January resistance line projection at 130p plus. Any dips towards the 80p mark to unwind the overbought RSI are buying opportunities, with only an end of day close below the April support line at 79p delaying the upside scenario"

Think the tip from T1ps is behind the big rise today. Tom has a buy recommendation and an 18 month price target of 180p.

Just woke up with an almighty hangover and I feel better already!!

I thought Winnie would tip it at sometime. Didnt realise his site carried so much womp though.

Cracking rise so far.

Now a ten and a half bagger for me.............. NICE.

How did you dig this one up so long ago GF? U must be well-pleased with this one, as it looks like there's plenty more to come too.

Crickey I though I was doing well with a 128% paper profit! plenty still to come on this one. And well bloody done gf!! On average gf how long do you tend to keep your stocks for?

Thanks,

Ian

Got it at 8p on the old ofex market about 2 years ago.

Usually hold them between 2 and 5 years, but also do some short term trades.

Could be amother Domminos or even a lot bigger.

Lost a few percentage points going on through the day but that was expected after the initial rise this morning.

Watch out thursday and friday for more gains.............. NICE.

Another rally again today; looks like the market has really woken up to this one.

Yes things looking very positive.

Gf :

Derek Pain has a write up in the Independent....positive for further gains.

Cheers Mitzy Ill try and get a copy.

Up over the quid mark now.

Im told Winnie is making a company visit this lunch time so watch out for news coming out.

Winnies visit was very positive Im told.

Aggresive cross selling prog to go on later this year.

Mark Slater building a position.

Winnie says hes more than likely to raise his SP target through the year.

Myhome International says Slater Investments holds 5.36 pct stake
AFX


LONDON (Thomson Financial) - Myhome International PLC said Slater Investments, on behalf of its clients, holds about 2.71 mln shares or 5.36 pct in the company.

It also said executive chairman Russel O'Connell has about 5.49 mln shares or about 10.89 pct in the company.





TFN.newsdesk@thomson.com

jjo/pmi/vs

Another bolt on....

Myhome buys Stainbusters for up to 415,000 stg
AFX


LONDON (Thomson Financial) - Franchised residential cleaning company Myhome International PLC said it has acquired Stainbusters Ltd, a fabric cleaning company, for up to 415,000 stg.

The company will pay an initial 165,000 stg, followed by a milestone cash payment of 50,000 stg in Sept 2008, and a final milestone payment of 200,000 stg in Sept 2009, based on performance criteria.

Russell O'Connell, executive chairman of Myhome said: 'The Myhome strategy to become the one-stop shop for premium residential services takes another significant step forwards today with the acquisition of Stainbusters.'

TFN.newsdesk@thomson.com

ukn/bsd

New Broker note....

http://www.equitydevelopment.co.uk/downloader/414

Winnie says Derek pain in the Independant gave this one a good write up this weekend.

What date is that note, GF? It refers to SP of 75p and fair value if 100p. Not exactly up with events.

17th of May SD, so yep should have said recent missed Broker note. Been busy setting up a new PC and software for the last couple of weeks
That lot are a conservative bunch anyway.

Anyway heres what Winnie as had to say, now hes bought the B/B hes posting there...

I am biased (I own the shares) but having visited the company recently am very happy. Suspect current forecasts discount neither:

a) cross selling - that is now starting at the revamped MYH HQ and early trials suggest huge potential

b) further acquisitions. To date MYH has a good record in this regard.

So risks to estimates are IMHO on the upside.

I do wish management would be a bit firmer on price with placings but that is my only caveat


Tom Winnifrith

Maybe we will get a new note sometime.

MYH is on Winnies Tv today.

Myhome International buys Ferrum UK
MoneyAM
Franchised residential cleaning company Myhome International PLC said it has acquired Ferrum UK Group Ltd and its subsidiaries for up to 4.8 mln stg.

The company said it will work with Ferrum to accelerate the franchise roll-out programme providing a complementary service to Myhome's other premium residential services brands.

Ferrum operates an ironing, dry cleaning and laundry franchise business, currently branded 'Increase-Decrease'.

GREAT MARKET ITS ENDLESS AS WE GET MORE LIESURE TIME AND DISPOSBALE INCOME---THE DAILY CHORES BECOME SO BORING MOST PEOPLE WOUL DRATHER BE OUT AND ABOUT------
Date : 09/07/2007 @ 07:00
Source : UK Regulatory (RNS and others)
Stock : Myhome International (MYH)
Quote : 102.0 2.0 (2.00%) @ 08:03
<< Back Quote Chart Trades Level2

Free Myhome International Annual Company Report

We should soon get analysts upgrades.

Will be interesting to see just how muchEPS forecasts are raised.

Good deal in my eyes.

Zak Mirs TA take...

For what it is worth as well, my technical target on Myhome is 120p = a January resistance line projection going forward 3 months. Only below the 50 day moving average at 95p even begins to hurt such a scenario.

great company great buy at these prices.

Barclays becomes a major shareholder.......

Myhome International PLC
12 July 2007

For immediate release
12 July 2007



Myhome International plc

('Myhome' or the 'Company')







Major interest in shares



The Board of Myhome announces that, pursuant to Chapter 5 of the Financial
Services Authority's Disclosure and Transparency Rules, they received formal
notification on 11 July 2007 that following the acquisition of 1,850,341
ordinary shares Barclays plc had an indirect interest in 2,520,341 ordinary
shares in the Company as at 5 July 2007. This represents 4.99% of the current
voting rights of the Company.



The ordinary shares referred to above are the ordinary shares of 5 pence each in
the Company.







Myhome International plc
01372 471 573

Russell O'Connell

Jonathan Jenkins

GCI comment this evening...

Barclays takes Myhome stake
Companies: MYH
12/07/2007
Residential service franchiser Myhome International says divisions of banking giant Barclays have emerged with a 4.99 per cent stake.

Barclays Stockbrokers and Gerrard Investment Managers between them hold the stake in AIM-quoted Myhome, which recently lifted interim profits nearly 170 per cent to 748,000. Last month, acquisitive Myhome, steered by Russell OConnell, bought the Stainbusters network for up to 415,000, having raised 3.57 million at 85p to buy companies in the domestic services market.

Back in December, serial investors Nigel Wray and Stephen Hemsley put 4 million of new money into Kingston-Upon-Thames-based Myhome at 40p, with warrants for another 3 million at the same price. Today, the shares, highlighted by Growth Company Investor last year at 37.25p, are 0.5p up at 99p, valuing the company at 50 million.

Hold on.

Great company a lot more to come.

As goldfinger says--hang on

David, I didnt say that GCI did.

Clipped the top over the last 7 days or so and reduced my holding by circa 20%.

No problems that I see just prudent portfolio management.

If we get analyst upgrades and I was expecting them after the last acquisition, that 20% could easily regenerate itself within my holding.

Myhome International PLC
30 July 2007


30 JULY 2007

Myhome International plc
('Myhome' or the 'Company')


RECORD 20 BILLION A YEAR SPENT BY HOMEOWNERS
Myhome cleans up as growing number of household chores outsourced


Research released this week highlights that Britain's growing cash rich, time
poor demographic are increasingly turning to third parties for domestic help for
household chores. This is a clear endorsement of the strategy of Myhome, one of
the UK's leading providers of franchised service operations.

Research from www.gumtree.com says UK consumers are spending 20 billion a year
on domestic help for household chores rather than facing it themselves. The
research adds that almost one in two (48%) people now employ an average of three
outside helpers.

The findings, released as part of Gumtree's annual 'Domestic Staff Index'
revealed that almost a fifth more households are now hiring outside help than
last year.

The three most popular domestic staff positions are window cleaners, gardeners
and house cleaners - all services that Myhome provides as part of its growing
multi-product multi-branded franchise offering. Myhome also provides
kitchen/bathroom resurfacing, specialist oven cleaning, ironing, dry cleaning
and laundry, and fabric cleaning as well as car valeting services.

Russell O'Connell, Executive Chairman of Myhome International plc, said: 'This
research just goes to show that, even in an environment of higher interest rates
and wider economic uncertainty, that the target market for the Company's
services is expanding. Myhome looks forward to further growing the number of
franchises and offerings available with the focus remaining firmly on providing
a complete portfolio of premium residential franchised services.'



For further information please contact:



Myhome International plc 01372 471 573
Russell O'Connell
Simon McNeill Ritchie
Jonathan Jenkins

This is the biggy Ive been waiting for. Plumbing should increase margins and boost volumes, cross selling opportunities.....

Myhome International acquires plumbing, drainage franchise co DSH Services
AFX


LONDON (Thomson Financial) - Myhome International PLC said it has acquired DSH Services Ltd, a plumbing and drainage franchise business and said it will pay up to 5.65 mln stg in cash and deferred share payments for the buy subject to performance criteria.

The provider of franchised operations in the UK said it will pay an initial of 200,000 stg and that the deferred consideration will be split into three tranches over three years.





TFN.newsdesk@thomson.com

ukn/ejp

A BUY recommendation from tipsters GCI..

Myhome International - BUY
Companies: MYH
03/08/2007

Deal hungry domestic chores franchise Myhome, guided by energetic chairman Russell OConnell and with ambitions to become the AA of the home, has completed its third acquisition in a matter of weeks.

For up to 5.65m, the group has acquired DSH, which runs 24-hour emergency and regular maintenance plumbing and drainage operations through a network of subcontractors and has just launched franchise recruitment drive Plumbxpress in order to build a premium national plumbing and drainage network.

Significantly, DSH is also plotting the launch of an electrical franchise operation within the next 18 months. Myhome plans to accelerate these programmes (the group is an expert in franchise recruitment, systems and customer service). Following this deal, the company operates nine brands ranging from house cleaning to oven, car and window cleaning as well as gardening, all of which can be cross sold into a growing database of cash-rich, time-poor consumers. This burgeoning demographic is increasingly outsourcing domestic chores and spends 20bn in the UK alone on such services.

We have 410 franchises in total now and were operating in a huge market, says OConnell, adding that were barely scratching the surface in the UK and our growth prospects are colossal. He sees opportunities to introduce extra services such as insurance, finance and security to customers through alliances. Myhome moved from PLUS to AIM in December alongside a 4m funding led by Nigel Wray and Dominos Pizza chief executive Stephen Hemsley.

Earlier this year, OConnell announced a 166% surge in PBT to over 742,000 for the half to March on network turnover driven 440% higher at 17m. Given its emphatic growth rates and prospects, the shares more than merit their premium rating and further upside looks assured.

James Crux
Market cap: 50m
PE Forecast: 33
Share price: 99p


NB, that P/E multiple is obviously being upgraded due to bolt ons.

Telegraph article from a couple of days ago...


http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/05/ccreal105.xml


Myhome International provides domestic services such as oven cleaning and lawn mowing to the time-poor and money-rich.

Jonathan Jenkins, the chief operating officer, looks tired, as if he has spent the whole night spring cleaning and tidying up. He has, but it relates to the documents for the group's third acquisition in six weeks, which has just been announced.

"That's it for a bit now," he says. "It is all about bedding down the companies we have and delivering on what we have promised." His comments may be the stock market equivalent of taking one match at a time, but there is nothing banal about the underlying businesses.

Myhome began life as a bright spark's idea at Unilever in the late 1990s. The Anglo-Dutch giant invested 6.5m with a vision to develop new avenues to promote its brands, such as a residential cleaning service.

But Unilever wrote off the money in 2001 when it sold part of the business - following a strategic U-turn - to Chores Group for 300,000 and some shares.

Russell O'Connor was the opportunistic entrepreneur who had launched Chores in 1999. He floated the company on Ofex in 2002 and the focus has shifted to running a franchise operation across Britain. Today the business is on Aim and has 410 franchisees, split across nine businesses.

These include Stainbusters, Ovenclean and Nicenstripy to cut lawns. The average cost of becoming a Myhome franchisee is 25,000 plus a 10pc tax on your revenue thereafter. The economics are excellent. Myhome is forecasting revenues of 4.65m and pre-tax profits of 1.86m in the year to September 2007.

The numbers are expected to rise to 8m and 4m in 2008, justifying the current share price, 99p, which values the business at 50 m. "It depends whether you look at today's numbers or next year's to decide if we are expensive or cheap," says Jenkins, before telling his PR man and me that he curses the day he sold his first tranche of shares at 25p. Do not shed too many tears for Jenkins - he bought them at 5p.

Myhome's growth prospects remain huge. "The potential number of UK franchise territories across all the businesses is 2,100," says Jenkins. "We want to become the AA of the home and the people who are called for every possible domestic chore."

The "Domestic Staff Index" from Gumtree, the online jobs board, came out last week and valued the British market for household chores at 20bn per year. It said one in two people employ an average of three outside helpers.

If Myhome International is to succeed in realising its potential and become the AA of the home, it needs to start consolidating its own brands and develop Myhome as a single point of contact for potential customers

Brent Hoberman, an icon of the dotcom world as the co-founder of Lastminute.com, approached Myhome about buying its domain name for a new business venture.

Myhome said no but struck up a rapport with Hoberman, gaining access to his contacts book to find the online experts who will help turn its existing website - rather a sprawling and flat experience - into one that acts as a conduit for all the different services under the Myhome brand.

As long as management stay focused, Myhome should develop into a 100m business. This will please serial small-cap investors Nigel Wray and Stephen Hemsley, the franchise guru, who built up Domino's Pizza in Britain, who own more than 20pc of the company between them.

When Myhome reaches the 100m valuation it may become a tidy acquisition opportunity for a major company looking to diversify. Maybe Unilever, maybe not, but you get the idea.

Richard Rivlin is managing director of Bladonmore
www.bladonmore.com

Another excellent acquisition by MYH this story just gets better and better!!

Good luck all


Myhome International to buy Edwin Investments for up to 20 mln stg UPDATE
AFX


(Adds details on financing)

LONDON (Thomson Financial) - Myhome International PLC said it has conditionally agreed to acquire Edwin Investments Ltd, known as ChipsAway Group, for an initial 16.0 mln stg, adding that the purchase is expected to add to earnings immediately.

The company, which provides franchised service operations, said the initial payment will be via cash and loan notes, adding that it will also make further payments of up to 4.0 mln stg dependent on future performance.

The acquisition will be funded through a 6.7 mln stg placing, a new bank facility of 8.0 mln stg with Lloyds TSB Bank PLC and exercise of warrants by veteran heavy-hitting investor Nigel Wray and Stephen Hemsley, chief executive of Domino's Pizza UK & IRL PLC.

Myhome plans to raise 6.7 mln stg, before expenses, by conditionally placing about 9.36 mln shares at 72 pence each with institutional and other investors.

Wray and Hemsley will exercise warrants to subscribe for 3.5 mln shares at 40 pence each, raising 1.4 mln stg.

Following the acquisition, Wray will hold a 14.75 pct interest in the company or about 9.38 mln shares, while Hemsley will hold 5.51 pct or about 3.50 mln shares.

Executive Chairman Russell O'Connell said the acquisition is expected to give the enlarged group a turnover in excess of 80.0 mln stg with over 800 franchisees.

ChipsAway is a mobile service delivered to customers' homes and offices, repairing scratches and other minor damage to car paintwork using proprietary technology.

About time this baby started to recover, me thinks.

Doesnt look like it FD has just resigned.

Well- it seems clear from the RNS he's gone to another job, after overseeing the flotation etc. No suggestion he left because a) he disagreed with RO's leadership, or accounting policies, or b) because he was no good.

Im totaly out now. Did buy them at 8p initially though.

Have reduced exposure to a lot of my other long stocks aswell. Not closed them entirely.

Looks like a bear to me come jan.

Results due now any ideas?

Where are the results promised by mid January?

Suggest send e-mail to company and ask.

Halifax, my Sharescope software is showing prelim results now due 1 Feb 08, however, that's the third change this month!

Tks Silvermede not long to wait then.

A new low this is looking a bit sad.

I have this one in my SIPP and hopefully it will pay off in the long run. time will tell if they can manage all those acquisitions successfully.

Good luck all holders

MYH 14.50 / 15p

The spread is very narrow and the offer has not change yet, same as last week.
There is a good chance that the low has been reached last Friday.
Though there is a seller around the buying today is pretty good and the Level 2 is showing that too.

Bid side 3 Market Makers
Offer 1 Market Maker

online
price bid 14.56p
offer price 14.88p

The buying is mainly on the "plus market" ........... plusmarket

MYH 14.50 / 15p

No Pain, No Gain: Myhome looks sure to ride the Stagecoach route
By Derek Pain
Saturday, 10 May 2008

Has the stock market got its wires crossed over Myhome International? Judging by the way its shares have behaved the franchise group is deep in the doldrums. They have slumped spectacularly from 106p to a mere 15p in less than a year. Yet signals from the group's Esher (Surrey) headquarters indicate the shares could be among the most oversold in the smallcap community.

It is often foolish to bet against the market. So often it seems to get a whiff of disaster or, indeed, achievement long before any formal announcement. But it can also hopelessly misjudge a situation.

There are countless examples of shares being pushed to unjustified levels highs and lows. The madcap dot.com boom that sent many into the stratosphere and the resultant excessive burn-out are classic examples. And what happens across the entire investment spectrum can be repeated on an individual basis.

Remember Stagecoach? I do. After the shares were recruited to the No Pain, No Gain portfolio at 80p, they slumped to a miserable 10p as a succession of doom-and-gloom stories frightened investors. I am not suggesting the bus and train group had not encountered serious problems. It had over expanded in the United States and was experiencing difficulties elsewhere. The fall, however, was a dramatic over-reaction.

With its problems containable, it was not long before recovery was underway. This year the shares hit 294.5p. Share buybacks, producing 81p a share, complicate the gain calculation. Even so, not a bad display for what was once regarded as a busted flush.

Myhome's fall from grace is even more brutal. I realise the decline has occurred at a time when the stock market has fallen out of love with smallcaps. Yet, its slide is much steeper than its compatriots.

True, profits did not hit expectations. Against hopes of 1.9m, the company produced 1.5m. In the previous year it made 734,000. And researcher Equity Development has cut this year's forecasts from 5.9m to 3.6m.

The unfulfilled profit expectations occurred as the group gorged on acquisitions. It started life as a franchised residential cleaning operation, supported by a sophisticated, highly expensive computer system developed by the Unilever foods to soaps behemoth. Russell O'Connell, Myhome's creator, had the bright idea of putting other franchised operations through the Unilever system. So it ventured into such areas as gardening, car valeting, plumbing and window cleaning.

It, perhaps, could be argued that Myhome bit off more than it could chew. Shares were tossed around like confetti. Certainly its last and biggest takeover, the 16m acquisition of ChipsAway, carrying out minor car repairs, was largely responsible for ED reducing current year predictions. The deal took longer than anticipated, prompting management to take its eye off the existing businesses in the first quarter. So interim results, due this month, could be rather subdued.

But there is every chance Myhome will reach the reduced year's forecast. Trading is going well, franchisees are being recruited at an encouraging rate, there has, as yet, been no impact from consumer spending cuts, overheads have been reduced and cross-selling the franchise offerings is underway. Chairman Jon Pither even tried if unsuccessfully to spread a little cheer at March's yearly meeting.

At 15p the group is valued at less than 10m some 6m less than what it paid for the successful ChipsAway concern. And the shares, selling at not much more than three times this year's expected earnings, look as cheap as chips. Even if ED's forecast is not met one researcher has a 2.5m estimate the shares are still deep in the bargain basement.

Myhome's misfortune is a stark illustration of how brutal the market can be when one of its favourites disappoints. Issuing shares at 85p and 72p last year merely added to the disappointment of City followers.

O'Connell says the share price is a "blooming joke". He accepts responsibility. "I've got to take it on the chin; we were bad at communicating with the City," he said.

My guess is that Myhome will do a Stagecoach. The portfolio first climbed on board at 15.5p, selling at 50p. It returned at 27p. The subsequent performance has been as painful as catching a falling knife. Still, I am bloodied but unbowed. The portfolio is hanging on, hoping eventually for another profit.

Thanks Master. Decided to take the pluge when I saw these start to move.

Up 18% so far today.

Might have missed out on SOLA but at least this one is travelling.

Has been well on the up today, after MMs were playing with the share price since Monday, but today the buying has put a stop at their games and had to mark it up

strong at online as there is higher demand on the bid side

Price 17 / 18p

bid 75K at 17.25p

offer 50K at 17.75p

Chart starting to look very good and confirms a breakout from the recent downtrend.

Hey Master, you are my hero ...

thanks "dealerdear"

continuing with the move up as the chart is showing the breaking of past highs

Beware minuscule volume MMs working hard!

halifax

Maybe you are not aware that the shares are traded mainly on the Plus Market, and the volume is large OK, 824K + 334K from LSE = 1,15M
the shares are not moving UP for nothing for sure.


The buying is mainly on the "plus market" ........... plusmarket

Looks like the usual pump and dump to me!

It looks like you are let say BIG MOUTHY just because you can not beat it or being lecturer with the truth.

Hey Halifax. Tis difficult to make money in these markets and if a share that is hopelessly undervalued starts to rise and we make money, you shouldn't knock it. We all know the risks involved. DYOR

The truth will out!

Don't be a plonker all your life.

Give yourself a day off son.

Tks Delboy!

Just hope you've got them H.

Would hate to think of you missing out. lol

halifax

re - The truth will out!

the truth is out since you come out with nonsence

Now lets here the truth :
SOUR GRAPES?
Sold at a big loss?
Missed the rise?

The stock market is to make money, some hold the shares for ages others a few weeks an even others for the day, is up to to any individual to make that step.

Nothing goes into a strait line UP or down, so after the big mark down and seeing the bottom leveling, it was due to the bounce that is now happening if YOU had any idea of Charting.

Bought last Monday for the firts time in this stock at 14.88p and shares tading at 22p and rising so a 48% profit on a few days, I can tell you it was not luck, but a carefull look at charting profit forecast and balance sheet

good day

Yes I too saw the buy signal given by British Bulls, decided to take profit when they pulled back yesterday. Suggest you read the AGM statement not too promising in these slowing economic times, it remains to be seen how many new francisees they are signing up.

Still undervalued though.

Any idea where it is going to Master?

re - Any idea where it is going to Master?

There is some resistance at 44p and next 51p, but still a long way to reach those points.

Before we reach there, they are going to be the Indicators cycle to consider were profit taking will take place, as nothing goes into a strait line.

Keep going higher this morning much the same pattern as yesterday 24.50p to buy now +3.25p

Cheers

This will be going much higher than this guys! First target is 59p!!!

My nerve aint that strong.

Got to think of the old ticker you know

halifax
re -Yes I too saw the buy signal given by British Bulls

I just look at british bulls and their " buy signal "was given on Monday evening 12th, once the market was close and the candlestick was present.

I am my own man, and selected the shares on the Morning Monday the 12th.....

"UPS "(Added by Master RSI on Mon 12 May 10:26 am)

MYH - Mid 14.75p
Reason - Has fallen from 100p to the now the lows fo market cap 10M and yet a pretax of 3M
is expected soon with the results resulting in a PE of 3, too low though the small cap have been
not the favourites shares just now

I still think you are BIG MOUTHY and the Pumb and dump you mention yesterday is "YOURSELF" looking at the mirrror, as soon as you said "sold" come out on this thread trying to talk down the shares.

The only thing I can say to you is "GET LOST"

Nice one "oh master" we certainly know where you are coming from!

Trouble is Halifax, it's true and you know it.

halifax

Not from the "SHIT HOUSE" like YOU

I like to advertise it, you got caught with the trousers down, and nothing to show.

Come on girls grow up!

Who is growing up is the price 26 / 27p and rising

Unbelievable!

Just sold Master. Money is too tight for me to lose this sort of profit.

Many thanks and will buy back in on a dip.

halifax
You cant knock 100% increase in a week but I would be looking to take profit soon SER is a good bet.

Tks driver am already in at 5.5p long term.

dealerdear

re -Just sold Master.

Good for you, at the moment alreary there is some profit taking as you are not alone it seems on cashing in, but buyers are already back and the online prices are positive paying premium for selling on larger size 37.5K than buying just 10K

I am expecting to get a bit more as the chart looks pretty good on the upside and ahead of figures and have plenty of time.

My other one selected on Tuesday NPE, is on the move up also, worth a punt

Yes I've noticed NPE moving

Further move up today, and as usual the MMs are playing games, marking the price up fast and then marked down, giving signs of profit taking so they can get stock from panicky holders.

The trades are mainly on the "plus market" ........... plusmarket

I did close my position also as the Level 2 is weakening now with a steady sells and the Indicators look like reaching top

Dear oh dear. Just visited MAM after a lengthy absence to see MYH slinking along in the doldrums. Why am I not surprised? This was one of GF's great "discoveries", wasn't it? But, as I told him many moons ago, it's also a classic "good times" share - which you'd have to be in for a very long time in order to make worthwhile. I also notice that, true to type, after hyping the hell out of it, GF did his usual, abrupt disappearing act. Another lesson to investors - don't believe ANY of the relentless hype on here (particularly if it's generated by someone with such an ignominious history of it) and never follow in GF's footsteps, no matter how good a prospect it sounds. But you all knew that anyway, didn't you?!?

Is ready for the move UP again after the retracement, buying is going on and the Level 2 is improving.

I selected on the "UPS" thread earlier at 20.50p.

What's your current thoughts on the MDX chart Master ?

re - What's your current thoughts on the MDX chart Master ?

short term the Indicators are positive, but invertors are a bit feed up of the stock behaviour, like yesterday.
MMs have a lot to answer on their way are introducing stock on the order book in order for that to happen.

Back to MYH is on the move 23 / 24p +2.25p

online prices shows the level of MMs being short of stock
One can sell up to 25K on premium, but only buy 2.5K at full price.

Conclution call the broker, and you are assure of 10K on T+3 or with luck T+10


online prices

Bid Price BPC 23.50
Maximum Size* 25,000


Offer Price BPC 24
Maximum Size* 2,500

Not following you yet on this one Master.

Feel the MM's are playing games with the rise in sp.

Will buy when I feel more confident.

Cheers Master re MDX comment but I don't subscribe to MM conspiracy theories but thanks anyway.

Just because I'm paranoid doesn't mean they're not out to get me..

Very Odd shareprice movement - IMHO - abt 40k worth of buys, against a few grand of Sales - and the MM's put up the sp 50%.
-Are they MAD?-

Short of stock, and end of retracement that is all
I selected the share this morning for the "UPS" as there was a retracement of 2/3 or 63% and buyers were buying again after a 50K late yesterday

Today news of results by 30th June 08

So master we have a sell confirmed signal from british bulls. what do you recommend?

Bad news all round. I was hoping for an increase in profits but that may be a couple of years away.

Myhome International plc, the AIM listed franchise company, announces its unaudited interim results for the six months ended 31st March 2008.

Highlights

Turnover increased by 151.4 per cent to 4.63 million from 1.84 million for the comparable period.

Adjusted operating profit of 479,000 compared to 742,000 for the same period last year.

Accounts suggest they are in need of a substantial cash injection.Steer clear imho.

Today rather confirms the sp movement mid-June08 was wrong...as I posted.
Oh dear.

On the Good side, here is a business that is well motivated. Let's hope the franchisees see it that way and continue to deliver, etc.
I saw them at Growth Co Show... and the sp wasn't good then...was tempted, but I resisted.

Ooop's clad I got out at 100p down 51% today 4p mid.

UK smallcap opening - Myhome slides on breach of covenants; equity issue fears
AFX


LONDON (Thomson Financial) - Myhome International shares were on the back foot, sliding 2.375 pence to 5.50 pence as the domestic cleaning franchise warned it is in breach of some of its banking facility covenants due to a weak economic climate and reduced trading expectations.

However, it is in 'constructive' talks with Lloyds TSB to restructure its 8 million-pound bank line.

A number of options are being explored to reduce the facility, including an equity issue at 'a realistic discount' to the current share price. The board is in preliminary discussions with some of its larger shareholders about the possibility of participating in such an equity fundraising.

Meanwhile, Myhome's Q3 results were in line with the board expectations.



tf.TFN-Europe_newsdesk@thomsonreuters.com

fjb/nes

made money on this when it flew north a few mnths ago then banked it.

When you've made yer profit you have to sell in these markets otherwise you pay the penalty.

dealerdear
I lost a bit on these bought at 108p out at 100p its so easy to stick with it then lose the lot we have all done it.

Yes "take the money and run" certainly is the phlosophy at the moment. Hope lloyds will continue to support MYH otherwise having cashflow problems in this market could mean the end.

You're telling me!
I'm making masses of paper losses on a variety of companies.
Because of that and this market in particular I'll only buy now short term, make a profit and sell.

I have no confidence in this market at all and the MM's in particular.
Much better to day trade atm IMO.

My guess is that they will continue to have the support of Lloyds, without their foreign interests I think MYH may have struggled but as things are and with the restructuring undertaken, I feel that in time, the company will recover.

LOL - is that a ramp I see flying in the sky ???????


Master RSI - 13 Jun 2008 13:35 - 436 of 447

Short of stock, and end of retracement that is all
I selected the share this morning for the "UPS" as there was a retracement of 2/3 or 63% and buyers were buying again after a 50K late yesterday

Today news of results by 30th June 08

Haha! No just my own thoughts. Master's may have been though ;o)

and on the basis of Master RSI I made loads of money thank you very much.

As I said you make your money and get out.
Master also got out with a big profit.

Yep, tis the way to do it!

What a bombshell! TW has called for the resignation of the CEO Russell O'Connell as it is alledged he is running a franchise from the MYH carpark(you couldn't make this up!) which is making 350k pa. Shareholders and others close to the company were apparently unaware that the CEO owned this business but perhaps Lloyds found out.

Halifax, - - - - It will be in the Auditors' Notes somewhere, suggest you re-read the Accounts. Otherwise it would be inside-trading, or at least not at "arms length" etc.
-This Business needs cash to supply the "loan" that gets franchises on-board.....that's where the money/debt comes from.(unless anyone knows different...)
You might argue that the "fee" then becomes a debt (until repaid), but that's not the issue IMHO. There seem to be too few profits being made by Franchisees....Maybe they aren't suffieiecntly profitable to make a go of things in the early-years, This means MYH has less cash-flow than their recent expansion plans demand.....

Whatever it is, I suspect LLOY will offer support at the "going-rate", etc.
+Don't expect a rapid rise in SP, but it ain't broke, yet.
I don't hold this.

LLOY have called the loan in and the shares are suspended.

Don't hold but it does look like it could be the end of the road.

Lloyds are soooo mean!

Seems odd, or are LLOY just being a bit mean -? My post 28July is in "tatters" - Oh dear!

On the other hand I doubt LLOY would do this lightly....for, by doing it, the "worth" of [MYH] is in further doubt - and any (alternative), refinancing might be shot - or at a greater burden. Seems rather odd, or has LLOY got wind the Refinancing is doomed?

Greif, this isn't good for shareholders. . . . . this was over 20p only days after their appearance at the Investor-Exhibition, mid-08 . . . . . yesterday we're looking at 4/5p - that's 25% down in just weeks . . . . . . . was this "Alternative Reinancing" part of their story? I must have missed it...

...20p down to 5p is 75% down - not 25%.

Down and out for good then.

Have they gone for good then