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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.

Paulo2 - 18 Feb 2005 15:34 - 667 of 1449

$30, iturama! You can say it now. We might not stay there, but at least we did it -- and without any real news!

iturama - 18 Feb 2005 21:06 - 668 of 1449

Nice finish at the days high. Up 4.5% and on a platform to advance next week, hopefully to an all time high. Exciting week ahead.

john50 - 18 Feb 2005 21:16 - 669 of 1449

iturama, and very good volume.

iturama - 20 Feb 2005 09:12 - 670 of 1449

The next two-three months should prove very interesting, John. Blue day Monday.

Paulo2 - 20 Feb 2005 19:11 - 671 of 1449

A review from Cannes in the Sunday Times business section!!

TOP TOYS:
Many were impressed by Gizmondo, a mobile gaming console that plays music, videos and can act as a satellite tracking system. It can apparently be set up to warn you if your child is playing truant from school. Gizmondo will cost 229 in the UK; it plans to open a Regent Street shop shortly.

iturama - 21 Feb 2005 08:19 - 672 of 1449

Its a great device and whog will benefit directly and significantly.

mtwallit - 21 Feb 2005 11:17 - 673 of 1449

Feb 21, 2005- Gizmondo gets worms!

Since it's debut in 1995, the Worms series has achieved global sales in excess of eight million units and is a regular sight in the videogame charts, having released nine different versions and a multitude of add-on and value-packs. Worms World Party continues the unrivalled mix of strategy and arcade elements in one of the world's most entertaining, humorous and addictive gaming experiences engineered for the Gizmondo.

http://www.gizmondo.com/news/item.asp?id=494

Paulo2 - 21 Feb 2005 11:40 - 674 of 1449

Some big sells going through but still in the blue. Crafty MMs.There must be a big buy or sell order to fill. S'pose we'll find out at the end of the day.

0057659 - 21 Feb 2005 11:50 - 675 of 1449

Does anybody know how long that a trade can be delayed for as i bought 300k on Friday and it still hasn't gone through on screen yet, I have definately got them and have checked previous trades perhaps there is a backlog!

iturama - 21 Feb 2005 15:02 - 676 of 1449

This was posted on a US TGTL BB.

I bumped into the Gizmondo party on the 7.15am flight from Gatwick to Marseille completely by accident and overheard them talking about it so i butted in and introduced myself as an investor.

I got to play with it for the flight and I am a real fan. The Stuff article is nonsense - it is cool to look at, understated and slightly retro but it has a tough, urban, sporty feel to it. The graphics are very good, the battery lasted the whole journeyand can be changed in and out unlike IPOD like internals and the memory slot is the same - just load the games and play.

Overall I think this thing really could become a cult item (so big upside) and I feel it must, at very least, find a niche following (so de-risking the downside)

Any other views?? - I know sparky has been handy as a financial guide (and has been around since i got in in Sept 03) but the truth is now that we are at launch the question is about how the market receives this and a 50 year old is probably not the one to ask

Paulo2 - 21 Feb 2005 15:37 - 677 of 1449

Would have expected a little more action given Tiger went throught the $30 barrier on Friday and the Giz goes on sale Monday.

ethel - 21 Feb 2005 16:31 - 678 of 1449

I thought Warthog would'nt get any income from Gizmomondo sales until a year has passed.If that is so,seems premature to buy the shares now.Ethel

Paulo2 - 21 Feb 2005 17:54 - 679 of 1449

http://newpaper.asia1.com.sg/top/story/0,4136,83516,00.html

Says the Giz is a great piece of technology but won't be able to compete with the PSP.

We'll see!!

deancroft - 21 Feb 2005 20:37 - 680 of 1449

I can't believe no-one has yet found these pics. Unfortunately one for the boys as female adornment sells products much better than the beefcake equivalent.index.php?lang=en

deancroft - 21 Feb 2005 20:39 - 681 of 1449

Re-posting because I used the wrong link for post 679.http://www.start-again.net/gizmondo/index.php?lang=en

iturama - 22 Feb 2005 07:22 - 682 of 1449

Paulo.
Some of these butterfly-type reviewers miss the point. Saying Tiger cannot compete with Sony is the same as saying Harley-Davidson cannot compete with Yamana. Or Dyson cannot compete with Hoover. In all these cases the products have basic similarities but they also have important differences, appeal to different consumer groups, and command different prices. Tiger will be ecstatic if it gets a 10% market, as more informed analysts have suggested. So will its shareholders. It cannot grow any faster than that without the financial backing of the likes of Microsoft - and we have still to hear what its plans are for this market segment.
I expect Tiger to advance further this week.

m100 - 22 Feb 2005 08:27 - 683 of 1449

deancroft - we did - see my posting m100 - 17 Feb'05 - 14:11 - 650 of 681
gizmondo's got some front..
0057 .. my trade took 4 hours to appear last friday
paulo/iturama - read the article - agree have to compare like with like - markets/products are different - personally I cant see why anyone would buy a harley at 12k - but they do???? ( mystyfying) so I would have lost out there
the sp? - lull before the storm, 2p would be nice in next few weeks

StarFrog - 22 Feb 2005 10:05 - 684 of 1449

Re: Playstation competition - see my post 560.

deancroft - 22 Feb 2005 14:27 - 685 of 1449

Anyone looking at that 1 million trade sitting right in the middle of the spread?? Which way will it fall? Buy or sell or do we really care, Friday's almost here!!
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