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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.

SueHelen - 08 Oct 2004 11:28 - 177 of 1449

150,000 BUY comes through at 0.39 pence from an hour ago...other buys that will be coming will also go in the sell column like the 150,000 trade as the price has moved since the trade was put through one hour ago.

SueHelen - 08 Oct 2004 11:50 - 178 of 1449

2 Million BUY comes through at 0.40 pence from an hour ago...

xmortal - 08 Oct 2004 13:02 - 179 of 1449

did not get my act together this morning... never mind, there will be others.
Thanks Sue, keep posting in all your threads.

SueHelen - 08 Oct 2004 14:35 - 180 of 1449

I think the 10 million buy yesterday and 25.75 million buy at 0.35 pence this morning has provided the spark.

I'd say that the price is going to be bounced quite alot over the next two weeks. Still have my eye on a 1.00p short-term target.

SueHelen - 08 Oct 2004 16:39 - 181 of 1449

20 Million BUY reported as a T trade at 0.40 pence just after close.
20 million trade is a definite buy, filled during the day at 0.40 pence. Was most likely put through this morning after the 25.75 million buy at 0.35 pence and this 20 million need filling at 0.40 pence.

20 million buy at 0.40 pence
25.75 million buy at 0.35 pence
10.00 million buy at 0.35 pence.

I think someone has acquired 55.75 million shares over yesterday and today.

SueHelen - 08 Oct 2004 16:49 - 182 of 1449

Another T buy for 2 million shares at 0.50 pence has just come through.

59.75 million shares acquired now by someone.

SueHelen - 08 Oct 2004 17:24 - 183 of 1449

59.75 million shares bought a mystery buyer - that is a 18.22% stake...Only need another 11.78% stake to launch a bid. 11.78% stake - only need to buy another 36 million shares.

SueHelen - 11 Oct 2004 08:13 - 184 of 1449

Up again at 0.40-0.50 pence, up 5.88%....

Trades over 90,000 shares are delayed in reporting by 1 hour.

SueHelen - 11 Oct 2004 08:26 - 185 of 1449

Up 17.65% already today now at 0.45-0.55 pence.....Trades over 90,000 shares will start coming through at 9.00am from 8.00am onwards....will appear in the sell column (most of them).

SueHelen - 11 Oct 2004 08:35 - 186 of 1449

Another tick up on the offer to 0.60 pence....up 23.53% now

SueHelen - 11 Oct 2004 15:23 - 187 of 1449

Up 29.41% today at 0.50-0.60 pence, very good buying reported today.

SueHelen - 11 Oct 2004 15:40 - 188 of 1449

5 Million T BUY comes through at 0.55 pence, someone had an order in to purchase 5 million shares at 0.55 pence.

So the sums again :

10 Million BUY at 0.35 pence
25.75 Million Buy at 0.35 pence
20 Million T BUY at 0.40 pence
2 Million T BUY at 0.50 pence
5 Million T BUY at 0.55 pence

If all the above belongs to just one holder then they only need another 31 million shares to get to the threshold (30%) of launching a bid for WHOG.

goal - 11 Oct 2004 15:59 - 189 of 1449

Just popped in on this thread, what do you think or hope the share price will reach Sue?goal.

SueHelen - 11 Oct 2004 16:35 - 190 of 1449

The Large buyer has snapped up 15 Million shares today, 2 * 5 Million T buys and one 5 Million parcel from the broker to broker trade.

Only need another 21 Million shares at close....could see those being snapped up tomorrow and a bid come soon thereafter.

SueHelen - 11 Oct 2004 16:36 - 191 of 1449

I have a 1 pence minimum short term price target goal.

SueHelen - 11 Oct 2004 17:47 - 192 of 1449

Press Mention : Will appear in tomorrow's Daily Mail Newspaper :

Elsewhere, news of the clearance of a stock overhang gave a lift to Warthog shares, 0.12p firmer at 0.54p.

http://www.thisismoney.com/20041011/nm83403.html

thesaurus - 11 Oct 2004 18:40 - 193 of 1449

is there any comment on cfp prospects sue helen

goal - 11 Oct 2004 19:17 - 194 of 1449

Sounds reasonable,thank you Sue.goal.

SueHelen - 11 Oct 2004 22:24 - 195 of 1449

Investtech Analysis after today's close, positive signal gained from the price climbing out of the falling trend, we'll be officially in a rising trend soon. :

Neutral (Short term) - Oct 11, 2004
Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. The stock has support at p 0.38 and resistance at p 1.60. The poor liquidity of the stock (traded 95% of the days, mean 4.60 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the short term.

SueHelen - 11 Oct 2004 23:00 - 196 of 1449

Major Shareholders:
Updated on Warthog's Website on Friday last week :

Major Shareholders
( 8 Oct 04) 319.79m 1p Ords - Evo Noms Ltd 10.48%, Chase Nominees Ltd 5.47%, Barclayshare Noms Ltd 5.42%, Goldman Sachs Secs (Noms) 4.80%, HSBC Global Cust Noms (UK) 4.38%, Gartmore Inv Ltd 3.46%, A J Hall 2.35%, I Templeton 1.03%, Other Dirs 0.65%.

http://www.hemscott.com/internet/custom/whog/
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