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Warthog Looking to the future !!! (WHOG)     

SueHelen - 23 Dec 2003 17:29

http://www.warthog.co.uk
Daily Execution Price and Volume
big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=1&maval=10&ubig.chart?symb=uk%3Awhog&ma=1&maval=50&ubig.chart?symb=uk%3Awhog&ma=1&maval=200&
Major Shareholders
( 4 Nov 04) 367.48m 1p Ords - Evo Noms Ltd 9.12%, Broughton Ltd 8.16%, Chase Nominees Ltd 4.76%, Barclayshare Noms Ltd 4.71%, Goldman Sachs Secs (Noms) 4.18%, HSBC Global Cust Noms (UK) 3.81%, Gartmore Inv Ltd 3.09%, A J Hall 2.05%, Other Dirs 1.34%.
http://www.hemscott.com/internet/custom/whog/
Trades over 90,000 shares are delayed in reporting by 1 hour.

03 November 2004
WARTHOG PLC
DISPOSAL OF SUBSIDIARIES

The board of Warthog plc (the 'Company') announces that it has today completed
the sale of all of the Company's subsidiaries to Tiger Telematics, Inc ('TGTL')
together with the transfer to TGTL of certain intra-group indebtedness due to
the Company. The total consideration including assumed indebtedness is $8.11
million of which $1,113,000 will be paid in cash and $7 million satisfied by way
of an allotment of 497,866 shares of common stock in TGTL at $14.06 per share,
being the average mid market closing price of a TGTL common share over the 14
days preceding completion. These shares are restricted stock and as such can
only be traded on or after the first anniversary of completion (the
'Anniversary') in accordance with U.S. securities laws. Up to the Anniversary,
these shares will be held in escrow against any claim arising under certain
warranties, tax indemnities and completion account net asset value adjustments
set out in the sale and purchase agreement. 150,000 of the cash consideration
will also be held in escrow until the Anniversary, pending specific warranties.
The Company has waived the balance of all other amounts due to it by its former
subsidiaries.

Upon completion of the transaction, the executive directors Ashley Hall, Steven
Law and Simon Elms together with one other remaining employee of the Company
will transfer employment to TGTL leaving Ian Templeton FCA and David Robinson as
non-executive Directors of the Company. The Company has also undertaken to
change its name and will be calling an EGM to effect such a change in due course
and will at that time update shareholders further.

The board of Warthog plc has sought to complete this transaction as rapidly as
possible (and therefore did not elect to seek shareholder approval) because the
group has continued to face difficult trading conditions within the games
development industry, as reported in the Company's Final Results on 28 September
2004, which has put the group under ongoing financial pressure. In addition,
TGTL required the transaction to be consummated as expeditiously as possible, in
conjunction with the commencement of shipping of its Gizmondo product into the
UK. The transaction leaves the Company having discharged substantially all of
its liabilities and with a valuable shareholding in TGTL which will be capable
of realisation in a year's time. The realisable value of this shareholding
depends entirely upon the commercial success of TGTL and the performance of the
TGTL shares on the financial market.

The board considers, in conjunction with its advisers, that this transaction
represents the best available outcome for the Company and its shareholders.

Tiger Telematics, Inc is listed on the 'NASDAQ Other OTC Market' under symbol
'TGTL'. TGTL's publicly stated intention is to apply for a listing on the
'NASDAQ National Market' in December 2004. TGTL is a designer, developer and
marketer of mobile telematics systems and services that combine global GPS
functions and voice recognition technology to locate and track vehicles and
people down to street level in countries throughout the world. The systems are
designed to operate on GPS and are currently being marketed to GSM current and
potential subscribers, primarily by the company's United Kingdom based
subsidiary, Gizmondo Europe Limited ('GEL'). GEL is a wholly owned subsidiary of
TGTL and is the maker of the Gizmondo, a next-generation mobile entertainment
device which includes games, built-in music, video, messaging and picture
functions and GPS. On 29 October, TGTL began shipping its first generation
product as part of a strategic retail roll out in the UK.

The transaction gives GEL access to existing games content and porting
technology to enable the transfer of titles developed for use on other platforms
on to the Gizmondo handheld device. Warthog plc shareholders will therefore
benefit from continued investment in TGTL as it seeks to exploit the games
content and technical capabilities that the Company has developed over the past
few years.

As previously announced on 12 October 2004, GEL is interested in 8.62 per cent.
of the Company's current total issued ordinary share capital.

About the Gizmondo device
The Gizmondo is powered by a Microsoft Windows CE.net platform, boasts a
2.8-inch TFT colour screen with a Samsung ARM9 400Mhz processor and incorporates
the GoForce 3D 4500 Nvidia graphics accelerator. It provides cutting-edge
gaming, multimedia messaging, an MP3 music player, MPEG4 movie playing
capability, a digital camera and a GPRS network link to allow wide-area network
gaming. Additionally, it contains a GPS chip for location based services, is
equipped with Bluetooth for use in multi-player gaming and accepts MMC card
accessories.

The Gizmondo device and its games are due for launch in the UK in the fourth
quarter 2004 and in North American markets from the first quarter 2005.

Further information on TGTL, GEL and the Gizmondo device can be found at:
www.tigertelematics.com
www.gizmondo.com
Enquiries:
Ian Templeton
Chairman - Warthog plc
Tel: 0870 122 5420

6 November 2004.
Daily Mail Newspaper : Page 80.

DEALERS believe that Warthog, 0.11p dearer, could be a good recovery punt. More than 52m shares in the computer games developer changed hands on hopes that the worst is over. Tiger Telematics, a leading European games console maker grabbed it by the tusks in October when it bought its subsidaries, intellectual properties and assests. In return Warhog acquired a stake in TT which is now worth at least 3p per share.

m100 - 11 Jan 2005 10:07 - 444 of 1449

http://www.gizmondo.com/news/item.asp?id=172

for all you oldies and geekoids who remember TRON( MCP rules!)

http://www.gizmondo.com/news/item.asp?id=173
Jan 10, 2005
Tron 2.0 coming to Gizmondo

It's lightbikes ahoy, as Gizmondo has just signed a deal with Disney's Buena Vista Games to bring the Tron 2.0 game to the Gizmondo.

hampi_man - 11 Jan 2005 10:09 - 445 of 1449

well maybe the SP will bounce back nicely with this news

chad - 11 Jan 2005 11:24 - 446 of 1449

Whog looking cheap again. Good buying op.
Iturama - have you seen the news for MOI - all the board of directors have just bought shares. Tempted to take the plunge.

m100 - 11 Jan 2005 11:34 - 447 of 1449

Chad yes - pity I missed it - again! blink and you miss out

chad - 11 Jan 2005 11:45 - 448 of 1449

lol - I missed it too - got up too late!

iturama - 11 Jan 2005 11:49 - 449 of 1449

Yes, Chad. Might wait a bit longer before buying MOI. Decided instead to buy more Whog. More immediate action. Topped up at 1.44. So far so good!

chad - 11 Jan 2005 11:59 - 450 of 1449

Iturama. Just got myself some of MOI. Had some spare cash so thought might aswell. Still looking to buy back into whog tho.

chad - 11 Jan 2005 12:05 - 451 of 1449

Im back in at 1.69. Fingers crossed.

Chrispine - 11 Jan 2005 12:21 - 452 of 1449

Am I right in assuming that whatever happens to the TGTL price today this will have a direct impact on the WHOG price. My stop loss was triggered early this morning & am keen to re-enter but as I can't work out why the price dropped so sharply I am a tad nervous incase the same happens again.

Thanks

iturama - 11 Jan 2005 12:41 - 453 of 1449

Chad, good luck. I'm sure that MOI will make money.I think most of the movement will come starting mid March - before the finals.
Chris - yes, movement in the TGTL price will affect Whog. A few weeks ago, it would have passed virtually unnoticed but there is a lot more scrutiny these days (and the Whog price is more aligned). Par value at the TGTL closing price yesterday is around 1.80p.

Chrispine - 11 Jan 2005 12:48 - 454 of 1449

Thanks once again Iturama.

Chris

chad - 11 Jan 2005 12:54 - 455 of 1449

Where do we think TGTL will be heading today. Will people see the massive drop yesterday as a buying op.?

StarFrog - 11 Jan 2005 13:07 - 456 of 1449

With the RAM JV announcement and the signing of a game license deal with Buena Vista, I would hope that the TGTL price should see a big upswing this afternoon. Come on you Yanks. Get out of bed and start buying.

iturama - 11 Jan 2005 13:09 - 457 of 1449

No idea. My inclination is for a tick up but you never can tell. However, I reckon the share is good value as it stands. Doesn't have to sell many units to justify the current price - apart from the added value content from the software and other revenue streams.

iturama - 11 Jan 2005 14:38 - 458 of 1449

TGTL up on opening. I am told 4%.

iturama - 11 Jan 2005 14:45 - 459 of 1449

Latest: TGTL up $2.15

iturama - 11 Jan 2005 15:38 - 460 of 1449

TGTL now up 12%. Good day, recovering well.

iturama - 11 Jan 2005 15:43 - 461 of 1449

Now 15%. Hold on to your hats folks!

Chrispine - 11 Jan 2005 15:44 - 462 of 1449

Can anyone see any explanation for the fall yesterday?

hampi_man - 11 Jan 2005 16:19 - 463 of 1449

Can anyone explain why the SP is being held back
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