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 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.