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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.

willfagg - 28 Jan 2005 14:55 - 542 of 1449

been away in hong kong for week. assumed tgtl price must have been static around 26 , surprised to see $31 and rising. WHOG were at 2.35p last time around at this sort of TGTL price. seems a very understated whog price to me?News has all been positive as well

iturama - 28 Jan 2005 15:58 - 543 of 1449

John,
Bought more myself this morning. Nervousness about because of some minor profit taking in TGTL. Hard to understand why. There is plenty of discount in the Whog price for that to be a concern.
Once the Gizmondo starts selling I expect TGTL to rise rapidly. The US works on much higher PE ratios than is typical in the UK and look how ASC was/is accomodated.

StarFrog - 31 Jan 2005 14:24 - 544 of 1449

For those of you who have recently invested in WHOG, you might find this link encouraging. This is a report on TGTL and its financial potential with regards to the Gizmondo. I know its been quite frustrating recently waiting for the share price to rise, but this report will hopefully give you some re-assurance. It's quite a bit to read (so I didn't post it here in its entirety). It's quite comprehensive.

In summary, this report attempts to calculate the future share price of TGTL shares based on likely sales numbers and estimated PE ratios. The worst case scenario predicts a first-year TGTL share price range of $ 36 to $ 96 and for the best case this range rises to $ 50 to $ 133.50!

On current pound/dollar exchange rates, this equates to a fair value for WHOG of:

Worst case - 2.78p to 7.34p
Best case - 3.85p to 10.20p

http://www.allstocks.com/stockpicks/Sparky's_Picks.html

iturama - 01 Feb 2005 15:59 - 545 of 1449

You won't find this on the Nintendo. The potential this offers is really enormous for the Gizmondo and Bizmondo. Take it on holiday with you and forget the maps!


Troy, NYJanuary 25, 2005MapInfo Corporation (Nasdaq: MAPS) today announced that Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc, has selected MapInfo Envinsa location services platform to provide core functionality for a range of location services for Gizmondo, the much anticipated and award-winning mobile, multi-entertainment device for 2005.

Currently launching in the United Kingdom and due for launch in Spring 2005 across Europe and the U.S., Gizmondo will offer an extensive range of location-based services, powered by MapInfo Envinsa, which provides mapping, routing and geocoding capabilities. These capabilities enable Gizmondo to offer critical mapping and location functionality to the end user.

The initial services offer will fall into two categories: added value services for the end user - such as where am I? and find the nearest and services that enhance personal safety, such as tracking and panic button features.

Gizmondo is the most powerful handheld multi-entertainment device available today. One of the key differentiators for Gizmondo is the broad range of location-based services that we will be able to offer customers in Europe and globally thanks to the MapInfo Envinsa platform. We are launching the product in the U.S. and continental Europe in the spring, with other markets to follow, and our partnership with MapInfo is central to our success, said Steve Carroll, CTO, Gizmondo Europe.


Gizmondo has really hit the spot in the gaming market and has already secured pre-release orders of more than 500,000 units, said Mark Cattini, CEO and president, MapInfo. MapInfo is providing the location-based services technology, which offers many of the added services that will help make Gizmondo so compelling. Envinsa is a single consistent location-based infrastructure implemented in-house for Gizmondo, enabling them to deliver critical location functionality where it is needed without having to become experts in MapInfo technology. We are providing the consultancy, customization and training for a platform that will support hundreds of new applications limited only by imagination.

Initially, Gizmondo Europe will offer the following services to Gizmondo mobile device users based on MapInfo capabilitiesfind location, map delivery, find and navigate points of interest, tracking, and personal alarm. These will be supplemented in time by location-based gaming and other services. Gizmondo services roll out will initially be in the UK, Germany, France, Spain and Italy with US and other markets to follow.

About Tiger Telematics and Gizmondo
Gizmondo Europe Ltd. is an owned subsidiary of Tiger Telematics Inc (Nasdaq: TGTL) and is the maker of Gizmondo, a next-generation mobile entertainment device. Launched in 2004, the gaming device includes built-in music, video, messaging and picture functions and GPS.

Tiger Telematics 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 companys United Kingdom based subsidiaries.

About MapInfo
MapInfo Corporation is a global company that integrates software, data and services to help organizations realize greater value from location-based information and drive more insightful decisions. MapInfo solutions are available in 20 languages through a network of strategic partners and distribution channels in 60 countries. Headquartered in Troy, NY, MapInfo Corporation is on the World Wide Web at www.mapinfo.com.
###
MapInfo and Envinsa are trademarks of MapInfo Corporation and/or its subsidiaries and affiliates.

eggbert - 01 Feb 2005 18:44 - 546 of 1449

The latest issue of EDGE magazine has a special Gizmondo suplement.This mag is highly reguarded within the industry.Is the Giz about to be launced ?????

paul30661 - 02 Feb 2005 16:58 - 547 of 1449

Eggbert,

I briefly saw a copy of this at the weekend. It gives a lot more info about the Giz. though I was surprised that the camera resolution is only 0.3 Megapixels - it's not really going to make it a selling point is it!?

As for launch - this seems to be a moveable thing, so can;t help I'm afraid, but there does seem to be more in the normal press lately.

hampi_man - 02 Feb 2005 17:02 - 548 of 1449

tgtl up a few ticks today

iturama - 04 Feb 2005 08:32 - 549 of 1449

Whog is now oversold and trading 35% below book value. The Gizmondo will hit the UK shops this month and the Tiger Nasdaq listing could happen anytime. Reach your own conclusion.

m100 - 04 Feb 2005 11:49 - 550 of 1449

2.6p fairly soon if not better?

deancroft - 04 Feb 2005 11:57 - 551 of 1449

Iturama, FYI I rang Gizmondo Europe early this morning for a slant on the Gizmondo launch. I asked for Nick Messer or Peter Lilley (Marketing). One was not available, the other was not answering his phone. I left my number but as yet no reply (11.45 GMT). TGTL is currently trading sideways so nothing inspiring there. I don't understand the need for keeping the launch date of the Gizmondo so quiet, Sony will launch their new mobile offering in March and everyone knows it. Fortunately, I don't have much to lose on WHOG but no news is not necessarily good news.

iturama - 04 Feb 2005 12:40 - 552 of 1449

Deancroft. TGTL informed me over a week ago that they will be launching throughout the UK in February. I think the US investors are now waiting for the sound of tills ringing. Please let us know if you get an answer.

hlyeo98 - 04 Feb 2005 13:26 - 553 of 1449

When TGTL comes on the shelf this month, this will rise to the occasion

deancroft - 04 Feb 2005 14:20 - 554 of 1449

Iturama. I rang again at lunchtime and asked to speak to Joe Marten, Investor relations manager. The receptionist told me it was bad timing as they had a lot of visitors all enjoying an extended lunch engagement with various employees. Hope they were buyers!! I imposed on the lady to ask someone to give me a call if only out of courtesy and even if to tell me there was no news. If no answer by 4.00pm, I'll be a nuisance once more. The launch of the Gizmondo really has to upstage the Sony portable offering in March, Sony were unable to firm up a March date for that when I rang this afternoon. Curiously, when I rang and asked the question, the guy who answered directed me to a message answering service!!

iturama - 04 Feb 2005 14:32 - 555 of 1449

Already on the extended lunches! Hope they were buyers and not lawyers. Keep at them DC.

deancroft - 04 Feb 2005 15:41 - 556 of 1449

Iturama. Got a (very polite)courtesy reply back from Gizmondo(about 15:20) to tell me that my message has been put on someone's desk to deal with and if I do not receive a further reply later today then I should definitely have one on Monday. In addition, Sony UK revealed to me that the portable playstation will be released in USA about March 24th and UK would get this anywhere up to two months later. IMO this is all relevant to the possible success of Gizmondo in the market place and hence any investments in the relative companies.

iturama - 04 Feb 2005 15:57 - 557 of 1449

This is a copy of an e-mail posted today on a US TGTL BB.


Dear Sir,

I am very sorry you feel you have been ignored in the past, I checked with the Investment Group where your previous email was forwarded to and a reply was actually sent. I can only presume there was some kind of error.

Anyway, we are always interested in hearing from our investors and keeping them informed of our progress. The street launch of the Gizmondo in the UK is very very close now. We are currently mass producing in China so it is looking like being around the 28th of February.

In two weeks we are opening a large Gizmondo store in a very prestigious position in Regent Street, opposite Hamleys, the largest toy store in the UK.

Please feel free to keep in touch with me and I will inform you of our progress. I can ensure you that the Gizmondo is an amazing device and will be worth the wait!

Kind Regards,

Tamela Sainsbury
Office Manager
Gizmondo Europe Ltd

iturama - 06 Feb 2005 08:30 - 558 of 1449

Gizmondo Central can exclusively report this evening, the first shipment to retailer date and the date the Regent Street shop in London opens it's doors!..

We have been informed this reliable information by an unnamed retailer, that they will receive their first shipment on the 26th February 2005.

Not only this but the date of the first Gizmondo shop in Regent's Street in London opens on Monday 28th February.

Finally, it's not known if all retailers will receive their shipment on the 26th and are/will be able to sell units until the 28th February is unknown.

Today also had some more good news for Gizmondo, as it has been heard the Sony PSP won't hit European shores until at least June 2005, with production still slow and the US launch taking prioity.

Friday 4th February 2005 - 19:12 PM GMT

hlyeo98 - 06 Feb 2005 18:03 - 559 of 1449

Great news, iturama, and hope deancroft get a phonecall tomorrow. Gizmondo will be 2 steps in front of Sony if it hit the shelf first. WHOG looks cheap at 1.6p now. BUY!

Chrispine - 07 Feb 2005 12:48 - 560 of 1449

Hello All,

I cant work out what the story is with WHOG today. Big sells going on with very few buys (95/5). I know that last month these were massively oversold but I thought things might have settled down by now. Anyone got a slant on how things are going to look on the run up to the UK launch?

Thanks
Chris

StarFrog - 07 Feb 2005 13:14 - 561 of 1449

IBM, Sony and (I think) Toshiba announced the release of a new microprocessor today to rival AMD/INTEL. So impressed are they with the chip that Sony will now hold back the launch of their new PlayStation (PS3) until late 2006 so that it may incorporate said device.

That's one less rival for Gizmondo in the short term. Good(ish) news, imo.
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