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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.

Master RSI - 14 May 2008 16:11 - 393 of 459

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

moneyman - 15 May 2008 10:02 - 394 of 459

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

dealerdear - 15 May 2008 10:54 - 395 of 459

Hey Master, you are my hero ...

Master RSI - 15 May 2008 14:42 - 396 of 459

thanks "dealerdear"

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

p.php?pid=chartscreenshot&u=rR1tCyy1iL3I

halifax - 15 May 2008 15:12 - 397 of 459

Beware minuscule volume MMs working hard!

Master RSI - 15 May 2008 20:20 - 398 of 459

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

halifax - 15 May 2008 21:53 - 399 of 459

Looks like the usual pump and dump to me!

Master RSI - 15 May 2008 22:26 - 400 of 459

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

dealerdear - 16 May 2008 07:39 - 401 of 459

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

halifax - 16 May 2008 07:53 - 402 of 459

The truth will out!

dealerdear - 16 May 2008 07:55 - 403 of 459

Don't be a plonker all your life.

Give yourself a day off son.

halifax - 16 May 2008 08:26 - 404 of 459

Tks Delboy!

dealerdear - 16 May 2008 08:49 - 405 of 459

Just hope you've got them H.

Would hate to think of you missing out. lol

Master RSI - 16 May 2008 08:53 - 406 of 459

halifax

re - The truth will out!

the truth is out since you come out with nonsence

Now lets here the truth :
SOUR GRAPES?
Sold at a big loss?
Missed the rise?

The stock market is to make money, some hold the shares for ages others a few weeks an even others for the day, is up to to any individual to make that step.

Nothing goes into a strait line UP or down, so after the big mark down and seeing the bottom leveling, it was due to the bounce that is now happening if YOU had any idea of Charting.

Bought last Monday for the firts time in this stock at 14.88p and shares tading at 22p and rising so a 48% profit on a few days, I can tell you it was not luck, but a carefull look at charting profit forecast and balance sheet

good day

halifax - 16 May 2008 09:02 - 407 of 459

Yes I too saw the buy signal given by British Bulls, decided to take profit when they pulled back yesterday. Suggest you read the AGM statement not too promising in these slowing economic times, it remains to be seen how many new francisees they are signing up.

dealerdear - 16 May 2008 09:09 - 408 of 459

Still undervalued though.

Any idea where it is going to Master?

Master RSI - 16 May 2008 09:35 - 409 of 459

re - Any idea where it is going to Master?

There is some resistance at 44p and next 51p, but still a long way to reach those points.

Before we reach there, they are going to be the Indicators cycle to consider were profit taking will take place, as nothing goes into a strait line.

Keep going higher this morning much the same pattern as yesterday 24.50p to buy now +3.25p

dealerdear - 16 May 2008 09:43 - 410 of 459

Cheers

12MONEYMAN - 16 May 2008 09:45 - 411 of 459

This will be going much higher than this guys! First target is 59p!!!

dealerdear - 16 May 2008 09:51 - 412 of 459

My nerve aint that strong.

Got to think of the old ticker you know
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