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.

Could be a good time to buy,

Independant newspaper singing its praises this weekend and looks like a new analyst tip any day now plus TA (RSI) going its way.

New analyst note out this morning.

Growth Equities And Company Research report..

Myhome International

Key Data
Myhome International

EPIC
MYH

Share Price
77p

Spread
75p 79p

Shares issued
46,240,853 million shares

Market Cap.
35.6 million pounds

12 month range
64.5p 84.5p

Market
AIM

Website
www.myhomeplc.com

Sector
Support Services

Contact
Jonathan Jenkins
0845 066 8866



Myhome is a multi-branded franchise operator, specialising in the provision of premium residential services, with a franchisee network of just over 300 outlets. Myhome currently provides key residential services: cleaning, garden maintenance, kitchen/bathroom maintenance, resurfacing specialist, oven cleaning and car valeting. These services are provided through the groups Myhome Clean, Nicenstripy, Surface Doctor, Oven Clean and Autosheen brands respectively. Myhome also operates franchise education seminars via the Franchise Alliance subsidiary.

The business originated out of an amalgamation of the Chores group combined with a subsidiary of the Unilever group. The resulting group launched Myhome Clean in 2003 with the Nicenstripy business being acquired between December 2005 and April 2006 and the rest of the business being assembled around this time as well.

The recently published financial results for the twelve months to September 30 2006 were outstanding, with profit before tax up 329% at 733,787 pounds compared to 171,043 pounds for the previous period. Although the earnings line was static at 1., this was due to timing differences for the sale of the Australian Master Licence and would have resulted in an earnings figure of 3p per share, had it been included in the reporting period. Network turnover increased by 400% to 13 million pounds compared with 3.2 million pounds in the previous year.

With the present growth trends in place, the business model for Myhome International is expected to grow on a steep and rising curve with likely earnings growth doubling each year over the next two years. Should that be achieved by the groups overall strategy, even at 80p, the PE multiple drops rapidly.

Both Tom Winnifrith and Master Investor Keynote speaker Nigel Wray own these shares. Find out why at www.t1ps.com

Year to 30th September
Sales
(Million pounds)
Pre-tax Profits (Million pounds)
Earnings per share (p)

2006A
2.6
0.737
1.77

2007E
4.6
1.865
3.01

2008E
7.5
3.97
6.01

A small tick up to greet the new forecasts above.

Great numbers - good falling PE from 44, to 26 to 13, and falling PEG from 0.37 to 0.13, operating margin growing from 28% to 40% to 53%, ROCE rising from 3% to 7% to 15%. Clear market advantage - first mover and marlet share. Energetic management who have proved good so far.

Are we vulnerable to this being in the area of discretionary consumer spending? Not really in the salary bracket we are talking about are we - more like essential, just a question of which service. Besides fleet cars have to be valeted whateverthe economy is doing.

Must buy some more during this lull in the market!

You seem very upbeat SD.

Yep just look at those operating margins.

I quite agree, in the coming weeks/months we should see a re-rating here and a move into higher territory. Still very early days.

Upbeat enough to double my holding (modest as it is) today, in spite of the general market outlook.

Also hoping to top up when fund allow.

Doesnt matter how modest it is when guys like you are investing further.

Thats one heck of a BULL sign.

The first sign of acquisition into other areas and I reckon we are AWAY for good.

Plus

20/03/2007 13:12:02 78.00 6,368 O 4,967.04
20/03/2007 12:04:37 76.00 20,000 O 15,200.00
20/03/2007 12:33:27 78.00 3,954 O 3,084.12
20/03/2007 08:55:49 78.50 25,000 O 19,625.00
20/03/2007 08:39:28 78.00 15,000 O 11,700.00

MYH Bid: 78p Offer: 80p Change: 1 not bad - only 2,000 traded so far!!

Cant be long before we get some bullish news from the management.

I hear they have a stand at Winnies Master Investor, I think its this weekend. N Wrays got a slot speaking, so there might be a slither of news and speculation after Sunday.

Theres also another trade show coming up aswell, London I believe.

Hi gf,

I think given the right news this one will be another TAN/WNG over time! I'm quite excited about MYH (2007 and beyond) e.g. their existing products, potential future acquisitions, management and their backers. I'm seriously considering selling my LEAD (Leadcom) holding and topping it up with MYH, as I have had one frustrating 9 months holding this one.

Good luck all!

Hi Ian,

I rate the company very highly probably the best one Ive held in the last 10 years and ive been investing for 25 years.

I think the prospects are superb.

As for leadcom sorry I cant help you there but I know PP rates it highly and I respect him very much.

Best of luck whatever you choose to do.

Cheers Gf.

Myhome are at an exhibition at London Olympia, today and tomorrow.

Anyone planning to go? Do report back if so. TIA

So its today. That ties in with Winnies Master Investor then.

http://www.investegate.co.uk/article.aspx?id=200703231246066116T

Addworth also rate Myhome highly.

As per above link activated...

http://www.investegate.co.uk/article.aspx?id=200703231246066116T

Some very early buying on a monday morning.

Wonder if any good news came up at Master Investor and also the London Franchise Fair this weekend.