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.

A new low this is looking a bit sad.

I have this one in my SIPP and hopefully it will pay off in the long run. time will tell if they can manage all those acquisitions successfully.

Good luck all holders

MYH 14.50 / 15p

The spread is very narrow and the offer has not change yet, same as last week.
There is a good chance that the low has been reached last Friday.
Though there is a seller around the buying today is pretty good and the Level 2 is showing that too.

Bid side 3 Market Makers
Offer 1 Market Maker

online
price bid 14.56p
offer price 14.88p

The buying is mainly on the "plus market" ........... plusmarket

MYH 14.50 / 15p

No Pain, No Gain: Myhome looks sure to ride the Stagecoach route
By Derek Pain
Saturday, 10 May 2008

Has the stock market got its wires crossed over Myhome International? Judging by the way its shares have behaved the franchise group is deep in the doldrums. They have slumped spectacularly from 106p to a mere 15p in less than a year. Yet signals from the group's Esher (Surrey) headquarters indicate the shares could be among the most oversold in the smallcap community.

It is often foolish to bet against the market. So often it seems to get a whiff of disaster or, indeed, achievement long before any formal announcement. But it can also hopelessly misjudge a situation.

There are countless examples of shares being pushed to unjustified levels highs and lows. The madcap dot.com boom that sent many into the stratosphere and the resultant excessive burn-out are classic examples. And what happens across the entire investment spectrum can be repeated on an individual basis.

Remember Stagecoach? I do. After the shares were recruited to the No Pain, No Gain portfolio at 80p, they slumped to a miserable 10p as a succession of doom-and-gloom stories frightened investors. I am not suggesting the bus and train group had not encountered serious problems. It had over expanded in the United States and was experiencing difficulties elsewhere. The fall, however, was a dramatic over-reaction.

With its problems containable, it was not long before recovery was underway. This year the shares hit 294.5p. Share buybacks, producing 81p a share, complicate the gain calculation. Even so, not a bad display for what was once regarded as a busted flush.

Myhome's fall from grace is even more brutal. I realise the decline has occurred at a time when the stock market has fallen out of love with smallcaps. Yet, its slide is much steeper than its compatriots.

True, profits did not hit expectations. Against hopes of 1.9m, the company produced 1.5m. In the previous year it made 734,000. And researcher Equity Development has cut this year's forecasts from 5.9m to 3.6m.

The unfulfilled profit expectations occurred as the group gorged on acquisitions. It started life as a franchised residential cleaning operation, supported by a sophisticated, highly expensive computer system developed by the Unilever foods to soaps behemoth. Russell O'Connell, Myhome's creator, had the bright idea of putting other franchised operations through the Unilever system. So it ventured into such areas as gardening, car valeting, plumbing and window cleaning.

It, perhaps, could be argued that Myhome bit off more than it could chew. Shares were tossed around like confetti. Certainly its last and biggest takeover, the 16m acquisition of ChipsAway, carrying out minor car repairs, was largely responsible for ED reducing current year predictions. The deal took longer than anticipated, prompting management to take its eye off the existing businesses in the first quarter. So interim results, due this month, could be rather subdued.

But there is every chance Myhome will reach the reduced year's forecast. Trading is going well, franchisees are being recruited at an encouraging rate, there has, as yet, been no impact from consumer spending cuts, overheads have been reduced and cross-selling the franchise offerings is underway. Chairman Jon Pither even tried if unsuccessfully to spread a little cheer at March's yearly meeting.

At 15p the group is valued at less than 10m some 6m less than what it paid for the successful ChipsAway concern. And the shares, selling at not much more than three times this year's expected earnings, look as cheap as chips. Even if ED's forecast is not met one researcher has a 2.5m estimate the shares are still deep in the bargain basement.

Myhome's misfortune is a stark illustration of how brutal the market can be when one of its favourites disappoints. Issuing shares at 85p and 72p last year merely added to the disappointment of City followers.

O'Connell says the share price is a "blooming joke". He accepts responsibility. "I've got to take it on the chin; we were bad at communicating with the City," he said.

My guess is that Myhome will do a Stagecoach. The portfolio first climbed on board at 15.5p, selling at 50p. It returned at 27p. The subsequent performance has been as painful as catching a falling knife. Still, I am bloodied but unbowed. The portfolio is hanging on, hoping eventually for another profit.

Thanks Master. Decided to take the pluge when I saw these start to move.

Up 18% so far today.

Might have missed out on SOLA but at least this one is travelling.

Has been well on the up today, after MMs were playing with the share price since Monday, but today the buying has put a stop at their games and had to mark it up

strong at online as there is higher demand on the bid side

Price 17 / 18p

bid 75K at 17.25p

offer 50K at 17.75p

Chart starting to look very good and confirms a breakout from the recent downtrend.

Hey Master, you are my hero ...

thanks "dealerdear"

continuing with the move up as the chart is showing the breaking of past highs

Beware minuscule volume MMs working hard!

halifax

Maybe you are not aware that the shares are traded mainly on the Plus Market, and the volume is large OK, 824K + 334K from LSE = 1,15M
the shares are not moving UP for nothing for sure.


The buying is mainly on the "plus market" ........... plusmarket

Looks like the usual pump and dump to me!

It looks like you are let say BIG MOUTHY just because you can not beat it or being lecturer with the truth.

Hey Halifax. Tis difficult to make money in these markets and if a share that is hopelessly undervalued starts to rise and we make money, you shouldn't knock it. We all know the risks involved. DYOR

The truth will out!

Don't be a plonker all your life.

Give yourself a day off son.

Tks Delboy!

Just hope you've got them H.

Would hate to think of you missing out. lol