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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 - 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.

goldfinger - 02 Jul 2007 13:36 - 359 of 459

17th of May SD, so yep should have said recent missed Broker note. Been busy setting up a new PC and software for the last couple of weeks
That lot are a conservative bunch anyway.

Anyway heres what Winnie as had to say, now hes bought the B/B hes posting there...

I am biased (I own the shares) but having visited the company recently am very happy. Suspect current forecasts discount neither:

a) cross selling - that is now starting at the revamped MYH HQ and early trials suggest huge potential

b) further acquisitions. To date MYH has a good record in this regard.

So risks to estimates are IMHO on the upside.

I do wish management would be a bit firmer on price with placings but that is my only caveat


Tom Winnifrith


goldfinger - 02 Jul 2007 13:39 - 360 of 459

Maybe we will get a new note sometime.

goldfinger - 03 Jul 2007 12:57 - 361 of 459

MYH is on Winnies Tv today.

Iankn73 - 09 Jul 2007 08:09 - 362 of 459

Myhome International buys Ferrum UK
MoneyAM
Franchised residential cleaning company Myhome International PLC said it has acquired Ferrum UK Group Ltd and its subsidiaries for up to 4.8 mln stg.

The company said it will work with Ferrum to accelerate the franchise roll-out programme providing a complementary service to Myhome's other premium residential services brands.

Ferrum operates an ironing, dry cleaning and laundry franchise business, currently branded 'Increase-Decrease'.

David10B - 09 Jul 2007 09:30 - 363 of 459

GREAT MARKET ITS ENDLESS AS WE GET MORE LIESURE TIME AND DISPOSBALE INCOME---THE DAILY CHORES BECOME SO BORING MOST PEOPLE WOUL DRATHER BE OUT AND ABOUT------
Date : 09/07/2007 @ 07:00
Source : UK Regulatory (RNS and others)
Stock : Myhome International (MYH)
Quote : 102.0 2.0 (2.00%) @ 08:03
<< Back Quote Chart Trades Level2

Free Myhome International Annual Company Report

goldfinger - 09 Jul 2007 10:26 - 364 of 459

We should soon get analysts upgrades.

Will be interesting to see just how muchEPS forecasts are raised.

Good deal in my eyes.

goldfinger - 11 Jul 2007 17:20 - 365 of 459

Zak Mirs TA take...

For what it is worth as well, my technical target on Myhome is 120p = a January resistance line projection going forward 3 months. Only below the 50 day moving average at 95p even begins to hurt such a scenario.

David10B - 11 Jul 2007 17:37 - 366 of 459

great company great buy at these prices.

goldfinger - 12 Jul 2007 08:09 - 367 of 459

Barclays becomes a major shareholder.......

Myhome International PLC
12 July 2007

For immediate release
12 July 2007



Myhome International plc

('Myhome' or the 'Company')







Major interest in shares



The Board of Myhome announces that, pursuant to Chapter 5 of the Financial
Services Authority's Disclosure and Transparency Rules, they received formal
notification on 11 July 2007 that following the acquisition of 1,850,341
ordinary shares Barclays plc had an indirect interest in 2,520,341 ordinary
shares in the Company as at 5 July 2007. This represents 4.99% of the current
voting rights of the Company.



The ordinary shares referred to above are the ordinary shares of 5 pence each in
the Company.







Myhome International plc
01372 471 573

Russell O'Connell

Jonathan Jenkins



goldfinger - 12 Jul 2007 21:21 - 368 of 459

GCI comment this evening...

Barclays takes Myhome stake
Companies: MYH
12/07/2007
Residential service franchiser Myhome International says divisions of banking giant Barclays have emerged with a 4.99 per cent stake.

Barclays Stockbrokers and Gerrard Investment Managers between them hold the stake in AIM-quoted Myhome, which recently lifted interim profits nearly 170 per cent to 748,000. Last month, acquisitive Myhome, steered by Russell OConnell, bought the Stainbusters network for up to 415,000, having raised 3.57 million at 85p to buy companies in the domestic services market.

Back in December, serial investors Nigel Wray and Stephen Hemsley put 4 million of new money into Kingston-Upon-Thames-based Myhome at 40p, with warrants for another 3 million at the same price. Today, the shares, highlighted by Growth Company Investor last year at 37.25p, are 0.5p up at 99p, valuing the company at 50 million.

Hold on.

David10B - 12 Jul 2007 22:56 - 369 of 459

Great company a lot more to come.

As goldfinger says--hang on

goldfinger - 13 Jul 2007 01:19 - 370 of 459

David, I didnt say that GCI did.

goldfinger - 25 Jul 2007 11:48 - 371 of 459

Clipped the top over the last 7 days or so and reduced my holding by circa 20%.

No problems that I see just prudent portfolio management.

If we get analyst upgrades and I was expecting them after the last acquisition, that 20% could easily regenerate itself within my holding.

goldfinger - 31 Jul 2007 02:43 - 372 of 459

Myhome International PLC
30 July 2007


30 JULY 2007

Myhome International plc
('Myhome' or the 'Company')


RECORD 20 BILLION A YEAR SPENT BY HOMEOWNERS
Myhome cleans up as growing number of household chores outsourced


Research released this week highlights that Britain's growing cash rich, time
poor demographic are increasingly turning to third parties for domestic help for
household chores. This is a clear endorsement of the strategy of Myhome, one of
the UK's leading providers of franchised service operations.

Research from www.gumtree.com says UK consumers are spending 20 billion a year
on domestic help for household chores rather than facing it themselves. The
research adds that almost one in two (48%) people now employ an average of three
outside helpers.

The findings, released as part of Gumtree's annual 'Domestic Staff Index'
revealed that almost a fifth more households are now hiring outside help than
last year.

The three most popular domestic staff positions are window cleaners, gardeners
and house cleaners - all services that Myhome provides as part of its growing
multi-product multi-branded franchise offering. Myhome also provides
kitchen/bathroom resurfacing, specialist oven cleaning, ironing, dry cleaning
and laundry, and fabric cleaning as well as car valeting services.

Russell O'Connell, Executive Chairman of Myhome International plc, said: 'This
research just goes to show that, even in an environment of higher interest rates
and wider economic uncertainty, that the target market for the Company's
services is expanding. Myhome looks forward to further growing the number of
franchises and offerings available with the focus remaining firmly on providing
a complete portfolio of premium residential franchised services.'



For further information please contact:



Myhome International plc 01372 471 573
Russell O'Connell
Simon McNeill Ritchie
Jonathan Jenkins
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