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.

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.