But plenty of repeat profitable orders and ongoing product development.

Mastermailer Holdings plc

Mastermailer Holdings is a specialist supplier of secure stationery, providing
A4-laser printer-compatible mailers, primarily for use in the UK pay advice
market. The Company has developed and patented a unique glue which enables its
mailers to be permanently sealed without the use of high-pressure sealing
machines, thus making the Mastermailer attractive to small and medium-sized
businesses having relatively small, though regular, print runs.

Founded by directors Stephen and Claudia Black, the Company has recorded
profits in the last two financial years (to 30 June) and the current year is
progressing ahead of expectations. With the proceeds of the GBP850k placing,
the Company expects to reduce debt and expand sales, with the intention of
expanding into Europe, and ultimately North America and Asia.

Mastermailer is also currently exploring new uses for the Mastermailer and
developing new products; of the latter, the Company expects to have positive
news before the end of the current financial year.

Dawnay, Day Corporate Finance is Mastermailer's corporate advisor and Dawnay,
Day Corporate Broking is Mastermailer's corporate broker.

Placing Document

http://www.plusmarketsgroup.com/cgi-bin/reports.cgi?action=DisplayReport&report=mastermaileroffer.pdf

Web Site

http://www.mastermailer.co.uk/

Plus Market Link

http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B1CLZ357

Video Showing The Product

http://www.mastermailer.co.uk/video.asp

Customers

SAGE compatible shouldnt be overlooked Im sure its one of the biggest plus points the salesmen of the company use.

Im sure theres hundreds perhaphs thousands of potential new customers......

Customers

Carval
Cintra
Merit
Intuit
Pegasus
Tas
Rutherford Webb
Star
Sage (Compatible)
Cybis
Intex
Iris
Pyramid
Opera
Mitrefinch
Superpay
Paperworks
Safe Comp
Topaz
Pascal
Isys

Plus

Print Management Companies
General Printers
Stationery Buyers
Payroll Bureau's

NB, 60 Million Mailers already sold. Glued paper sheets for wage packets mail shots etc, provide repetitive revenues.

DYOR.

I reckon these are trading on a prospective P/E of around 11 to the year end.

2nd half seems to be stronger.

Looking very cheap and we may get an update on product development.

Top notch news for an Ofex company this. Close brotheres increasing their stake and I dont blame them on a stock with a forward P/E of just over 11, way too cheap.....

Mastermailer Holdings PLC - Holding(s) in Company


MASTERMAILER HOLDINGS PLC

NOTIFICATION OF MAJOR INTERESTS IN SHARES


Mastermailer Holdings plc (the "Company") received a notification from Close
Investments Limited in the form set out below regarding the holding of ordinary
shares in the Company.

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Mastermailer Holdings Plc

2. Reason for the notification

Required notification that holding is more than 5%

3. Full name of person(s) subject to the notification obligation:

Close Investments Limited

4. Full name of shareholder(s):

As above

5. Date of the transaction:

N/A

6. Date on which issuer notified:

5 March 2007

7. Threshold(s) that is/are crossed or reached:

5%

8. Notified details:

A: Voting rights attached to shares

Class/type Situation previous Resulting situation after the triggering
of shares to the triggering transaction
transaction

Number Number Number Number Number % of % of
of of of of voting of voting voting voting
SharesVoting Shares rights rights rights rights
rights Direct Direct Indirect direct indirect

Ordinary
Shares N/A N/A 208,000 208,000 6.50%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument N/A

Expiration date N/A

Exercise/ Conversion Period/ Date N/A

Number of voting rights that may be acquired if the instrument is exercised/
converted. N/A

% of voting rights N/A

Total (A+B)

Number of voting rights 208,000

% of voting rights 6.50%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Close Investments Limited

Proxy Voting:

10. Name of the proxy holder: N/A

11. Number of voting rights proxy holder will cease to hold: N/A

12. Date on which proxy holder will cease to hold voting rights: N/A

13. Additional information:

Percentage based on shares in issue figure of 3,200,000 as at 5 March 2007

This is the required notification that the holding is more than 5% of the
shares in issue

14. Contact name: Chris Sandison

15. Contact telephone number: 01684 593926
Notes to the Forms

Thanks for the post, GF.

O/T have you seen WGB - doing very nicely at present!

ST, will have a look, many thanks.

Phone call last week to the company by poster eyecatcher on another board...


I tried to have a word with Chris Sandison this morning, but no joy, however the lady I spoke to, who I took to be his secretary, I asked if she was busy, not expecting a response.
'I'm only the accountant' she explained, 'but busy isn't the word; ---, sales are going very (a decided emphasis on the 'very', I noted) well'.

Then deciding she had better be careful, very politely ended my call.

Not a lot to go on, but better than nothing.

I might have to go shopping.

SP up 2p today.

Results out by end of month.

Fingers crossed, should get a good write up if they are good and we get news on product development.