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Warthog Looking to the future !!! (WHOG)     

SueHelen - 23 Dec 2003 17:29

http://www.warthog.co.uk
Daily Execution Price and Volume
big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=1&maval=10&ubig.chart?symb=uk%3Awhog&ma=1&maval=50&ubig.chart?symb=uk%3Awhog&ma=1&maval=200&
Major Shareholders
( 4 Nov 04) 367.48m 1p Ords - Evo Noms Ltd 9.12%, Broughton Ltd 8.16%, Chase Nominees Ltd 4.76%, Barclayshare Noms Ltd 4.71%, Goldman Sachs Secs (Noms) 4.18%, HSBC Global Cust Noms (UK) 3.81%, Gartmore Inv Ltd 3.09%, A J Hall 2.05%, Other Dirs 1.34%.
http://www.hemscott.com/internet/custom/whog/
Trades over 90,000 shares are delayed in reporting by 1 hour.

03 November 2004
WARTHOG PLC
DISPOSAL OF SUBSIDIARIES

The board of Warthog plc (the 'Company') announces that it has today completed
the sale of all of the Company's subsidiaries to Tiger Telematics, Inc ('TGTL')
together with the transfer to TGTL of certain intra-group indebtedness due to
the Company. The total consideration including assumed indebtedness is $8.11
million of which $1,113,000 will be paid in cash and $7 million satisfied by way
of an allotment of 497,866 shares of common stock in TGTL at $14.06 per share,
being the average mid market closing price of a TGTL common share over the 14
days preceding completion. These shares are restricted stock and as such can
only be traded on or after the first anniversary of completion (the
'Anniversary') in accordance with U.S. securities laws. Up to the Anniversary,
these shares will be held in escrow against any claim arising under certain
warranties, tax indemnities and completion account net asset value adjustments
set out in the sale and purchase agreement. 150,000 of the cash consideration
will also be held in escrow until the Anniversary, pending specific warranties.
The Company has waived the balance of all other amounts due to it by its former
subsidiaries.

Upon completion of the transaction, the executive directors Ashley Hall, Steven
Law and Simon Elms together with one other remaining employee of the Company
will transfer employment to TGTL leaving Ian Templeton FCA and David Robinson as
non-executive Directors of the Company. The Company has also undertaken to
change its name and will be calling an EGM to effect such a change in due course
and will at that time update shareholders further.

The board of Warthog plc has sought to complete this transaction as rapidly as
possible (and therefore did not elect to seek shareholder approval) because the
group has continued to face difficult trading conditions within the games
development industry, as reported in the Company's Final Results on 28 September
2004, which has put the group under ongoing financial pressure. In addition,
TGTL required the transaction to be consummated as expeditiously as possible, in
conjunction with the commencement of shipping of its Gizmondo product into the
UK. The transaction leaves the Company having discharged substantially all of
its liabilities and with a valuable shareholding in TGTL which will be capable
of realisation in a year's time. The realisable value of this shareholding
depends entirely upon the commercial success of TGTL and the performance of the
TGTL shares on the financial market.

The board considers, in conjunction with its advisers, that this transaction
represents the best available outcome for the Company and its shareholders.

Tiger Telematics, Inc is listed on the 'NASDAQ Other OTC Market' under symbol
'TGTL'. TGTL's publicly stated intention is to apply for a listing on the
'NASDAQ National Market' in December 2004. TGTL is a designer, developer and
marketer of mobile telematics systems and services that combine global GPS
functions and voice recognition technology to locate and track vehicles and
people down to street level in countries throughout the world. The systems are
designed to operate on GPS and are currently being marketed to GSM current and
potential subscribers, primarily by the company's United Kingdom based
subsidiary, Gizmondo Europe Limited ('GEL'). GEL is a wholly owned subsidiary of
TGTL and is the maker of the Gizmondo, a next-generation mobile entertainment
device which includes games, built-in music, video, messaging and picture
functions and GPS. On 29 October, TGTL began shipping its first generation
product as part of a strategic retail roll out in the UK.

The transaction gives GEL access to existing games content and porting
technology to enable the transfer of titles developed for use on other platforms
on to the Gizmondo handheld device. Warthog plc shareholders will therefore
benefit from continued investment in TGTL as it seeks to exploit the games
content and technical capabilities that the Company has developed over the past
few years.

As previously announced on 12 October 2004, GEL is interested in 8.62 per cent.
of the Company's current total issued ordinary share capital.

About the Gizmondo device
The Gizmondo is powered by a Microsoft Windows CE.net platform, boasts a
2.8-inch TFT colour screen with a Samsung ARM9 400Mhz processor and incorporates
the GoForce 3D 4500 Nvidia graphics accelerator. It provides cutting-edge
gaming, multimedia messaging, an MP3 music player, MPEG4 movie playing
capability, a digital camera and a GPRS network link to allow wide-area network
gaming. Additionally, it contains a GPS chip for location based services, is
equipped with Bluetooth for use in multi-player gaming and accepts MMC card
accessories.

The Gizmondo device and its games are due for launch in the UK in the fourth
quarter 2004 and in North American markets from the first quarter 2005.

Further information on TGTL, GEL and the Gizmondo device can be found at:
www.tigertelematics.com
www.gizmondo.com
Enquiries:
Ian Templeton
Chairman - Warthog plc
Tel: 0870 122 5420

6 November 2004.
Daily Mail Newspaper : Page 80.

DEALERS believe that Warthog, 0.11p dearer, could be a good recovery punt. More than 52m shares in the computer games developer changed hands on hopes that the worst is over. Tiger Telematics, a leading European games console maker grabbed it by the tusks in October when it bought its subsidaries, intellectual properties and assests. In return Warhog acquired a stake in TT which is now worth at least 3p per share.

deancroft - 23 May 2005 16:24 - 1056 of 1449

m100
I found this article on the net but as ever we never get much exciting news other than RNS or equivalent. It would be nice to know how the product is selling then we could judge how well it is received. At the moment its all the other way round which doesn't translate into SP.

http://www.techdigest.tv/2005/05/e3_gizmondo_bac.html

willfagg - 23 May 2005 17:18 - 1057 of 1449

the TGTL price is taking a hammering. It has reached a worrying low today. WHOG price probably not now unrealistic compared with $12 TGTL price

m100 - 23 May 2005 18:17 - 1058 of 1449

is it being forced down? if so, why? or is it an opportunity to stock up again?

thesaurus - 23 May 2005 19:13 - 1059 of 1449

Its a hammering

mtwallit - 23 May 2005 23:42 - 1060 of 1449

tgtl close -0.25% recovering from $11.7 to $13.5 - good recovery to me? so whog 1.1 tomorrow then?

tburns - 24 May 2005 07:56 - 1061 of 1449

m100

I believe the TGTL price is being forced down to allow institutions to take a slice of ADR's prior to a confirmed NASDAQ listing. With Morgan Stanley backing this they will have a lot of credibility and as the uropean Launch happened last week and sales figs will start to come from a large number of countries over the next month or so, it should be time to fill your boots again.

m100 - 24 May 2005 08:50 - 1062 of 1449

tb - thanks for this, does seem artificial given current climate

m100 - 24 May 2005 08:50 - 1063 of 1449

tb - thanks for this, does seem artificial given current climate

akel44 - 24 May 2005 15:21 - 1064 of 1449

so how does this company work, is it entirely dependant
on tiger telematics,i will have to do a bit of research
we are approaching the quiet period for games,but the price
looks a little inviting and the spread is very comfortable,

akel44 - 24 May 2005 15:25 - 1065 of 1449

what is this tigers symbol on the american market?

iturama - 24 May 2005 15:26 - 1066 of 1449

tgtl

akel44 - 24 May 2005 16:06 - 1067 of 1449

not in the main markets, must be in some small volatile market

wayne300808 - 24 May 2005 16:30 - 1068 of 1449

akel44 - 24 May 2005 16:42 - 1069 of 1449

theres a recent news release minutes ago
http://www.prnewswire.com/

m100 - 24 May 2005 16:54 - 1070 of 1449

its on www.nasdaq.com
Tiger Telematics' Gizmondo(TM) Inundated at E3

LONDON, May 24 /PRNewswire-FirstCall/ --
- Premier Industry Trade Event Heralded as Outstanding Success for Next
Generation Multi-Entertainment Handheld and Exclusive Software Gizmondo Europe Ltd subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (OTC: TGTL, OTC: TIGL.PK) is delighted to confirm that the recent Electronic Entertainment Expo (E3) in Los Angeles, known globally as a calendar event for the gaming industry, has shown to be an enormous successfor the company.
A staggering 70,000 industry professionals and analysts attended the three-day show, inundating the Gizmondo booth where six new titles (Agaju,Sticky Balls, Johnny Whatever, Hit and Myth, Chicane, and Supernaturals) were unveiled exclusively for the Gizmondo, alongside much publicised Augmented Reality and Gyroscopic Camera Technology demonstrations. Media and trade responses to the Electronic Arts announcement and US street date were extremely positive, and announcements regarding new content and strategic partnerships will be forthcoming as a result of meetings held of the show.
Mike Morgan, VP of Global Sales for Gizmondo, says: "The show was extremely successful in terms of channel relationships and strategic partnerships. The new game titles have been very well received and being able to announce EA's backing at such a time when all the industry's eyes were upon us was hugely important."
Carl Freer, co-founder and Chairman, Tiger Telematics, says: "This was our biggest and best exhibition to date. The stand attracted gigantic crowds of media, analysts and retail buyers, and there is little doubt that the US market appetite for the Gizmondo will be very significant. He continued, "With Microsoft showcasing the XBox 360, it was hardly surprising that this year's show focussed heavily on hardware, particularly mobile and convergence devices - an arena within which the Gizmondo is positioned as a leading player."
full story:-

http://www.prnewswire.com/news/index_mail.shtml?ACCT=104&STORY=/www/story/05-24-2005/0003685631&EDATE=

tburns - 24 May 2005 16:55 - 1071 of 1449

That late transaction of 1.5Million is a buy at 0.77, expecting a reversal in the Tiger share price, convinced it is being artificially walked down so the institutrions can get in

m100 - 24 May 2005 17:00 - 1072 of 1449

my thoughts for some time, but maybe am just cynical...:-)

iturama - 24 May 2005 17:58 - 1073 of 1449

akel44
TGTL (OTC)

john50 - 24 May 2005 19:01 - 1074 of 1449

I make it 2,656,500 buys to 1,476,753 sells.

hampi_man - 24 May 2005 19:59 - 1075 of 1449

akel44
the tiger symbol is tgtl.pk, check it on yahoo.com
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