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MYHOME INTERNATIONAL PLC - The AA Of The Home - Now Appearing On AIM. (MYH)     

goldfinger - 31 Dec 2006 09:35

Listed on the AIM market on Friday the 29th of December.

Picture1.jpgheader_r1_c6.gifsplash2_01.jpgmyhome_new8.jpglogo_black.jpgp.php?pid=legacydaily&epic=MYH&type=1&sip.php?pid=staticchart&s=OF^MYH&p=0&t=1&c 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.

p.php?pid=staticchart&s=OF^MYH&p=5&t=1&c

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.

goldfinger - 18 May 2007 11:39 - 339 of 459

Heres one already...

http://www.equitydevelopment.co.uk/downloader/414

goldfinger - 18 May 2007 11:45 - 340 of 459

For the TA bufffs heres Zak Mirs take on the company....

"I have to say that there is not a lot I know about the fundamentals of residential homes services provider MyHome, apart from the fact that its H1 results on Wednesday were apparently very good indeed. Good enough to trigger a very chunky rise in the share price and good enough to alter the technicals of the daily chart in a very positive way as well. This can be seen from the way there has been a break through the April resistance area of 82p, something which implies that above this zone would could be treated to an eventual target as high as the late January resistance line projection at 130p plus. Any dips towards the 80p mark to unwind the overbought RSI are buying opportunities, with only an end of day close below the April support line at 79p delaying the upside scenario"

chad - 21 May 2007 11:15 - 341 of 459

Think the tip from T1ps is behind the big rise today. Tom has a buy recommendation and an 18 month price target of 180p.

Iankn73 - 21 May 2007 11:23 - 342 of 459

Just woke up with an almighty hangover and I feel better already!!

goldfinger - 21 May 2007 12:05 - 343 of 459

I thought Winnie would tip it at sometime. Didnt realise his site carried so much womp though.

Cracking rise so far.

Now a ten and a half bagger for me.............. NICE.

chad - 21 May 2007 12:12 - 344 of 459

How did you dig this one up so long ago GF? U must be well-pleased with this one, as it looks like there's plenty more to come too.

Iankn73 - 21 May 2007 12:14 - 345 of 459

Crickey I though I was doing well with a 128% paper profit! plenty still to come on this one. And well bloody done gf!! On average gf how long do you tend to keep your stocks for?

Thanks,

Ian

goldfinger - 21 May 2007 12:47 - 346 of 459

Got it at 8p on the old ofex market about 2 years ago.

Usually hold them between 2 and 5 years, but also do some short term trades.

Could be amother Domminos or even a lot bigger.

goldfinger - 22 May 2007 00:32 - 347 of 459

Lost a few percentage points going on through the day but that was expected after the initial rise this morning.

Watch out thursday and friday for more gains.............. NICE.

chad - 22 May 2007 10:29 - 348 of 459

Another rally again today; looks like the market has really woken up to this one.

goldfinger - 22 May 2007 11:16 - 349 of 459

Yes things looking very positive.

mitzy - 27 May 2007 12:51 - 350 of 459

Gf :

Derek Pain has a write up in the Independent....positive for further gains.

goldfinger - 28 May 2007 23:06 - 351 of 459

Cheers Mitzy Ill try and get a copy.

goldfinger - 04 Jun 2007 10:35 - 352 of 459

Up over the quid mark now.

Im told Winnie is making a company visit this lunch time so watch out for news coming out.

goldfinger - 05 Jun 2007 23:21 - 353 of 459

Winnies visit was very positive Im told.

Aggresive cross selling prog to go on later this year.

Mark Slater building a position.

Winnie says hes more than likely to raise his SP target through the year.

goldfinger - 25 Jun 2007 10:51 - 354 of 459

Myhome International says Slater Investments holds 5.36 pct stake
AFX


LONDON (Thomson Financial) - Myhome International PLC said Slater Investments, on behalf of its clients, holds about 2.71 mln shares or 5.36 pct in the company.

It also said executive chairman Russel O'Connell has about 5.49 mln shares or about 10.89 pct in the company.





TFN.newsdesk@thomson.com

jjo/pmi/vs

goldfinger - 26 Jun 2007 11:44 - 355 of 459

Another bolt on....

Myhome buys Stainbusters for up to 415,000 stg
AFX


LONDON (Thomson Financial) - Franchised residential cleaning company Myhome International PLC said it has acquired Stainbusters Ltd, a fabric cleaning company, for up to 415,000 stg.

The company will pay an initial 165,000 stg, followed by a milestone cash payment of 50,000 stg in Sept 2008, and a final milestone payment of 200,000 stg in Sept 2009, based on performance criteria.

Russell O'Connell, executive chairman of Myhome said: 'The Myhome strategy to become the one-stop shop for premium residential services takes another significant step forwards today with the acquisition of Stainbusters.'

TFN.newsdesk@thomson.com

ukn/bsd

goldfinger - 01 Jul 2007 12:23 - 356 of 459

New Broker note....

http://www.equitydevelopment.co.uk/downloader/414

goldfinger - 02 Jul 2007 10:33 - 357 of 459

Winnie says Derek pain in the Independant gave this one a good write up this weekend.

stockdog - 02 Jul 2007 12:07 - 358 of 459

What date is that note, GF? It refers to SP of 75p and fair value if 100p. Not exactly up with events.
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