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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.

paul30661 - 07 Mar 2005 21:21 - 738 of 1449

Thanks for that Guys.

Any idea why the drop in Tiger. Is it sudden profit taking or worries over supply, competition ????

willfagg - 08 Mar 2005 08:49 - 739 of 1449

TGTL are about to launch a new and exciting product .However there is some negative comment coming through - as well as positive!There is strong competition , but GIZ appear to be in entering the game first. There arre also comment about its ability/ performance as a games console (limited games / functionality)"better as a PDA" says one paper!
The share price is not so strong, perhaps peolpe adverse to risk are sitting it out until the launch.
I still believe this will either be verything the market wants and go into orbit or it will be seen as ok but lets wait for the "real" products from the professionals to be launched soon. I think being first into the market and peoples apetite for new "whizzy" pieces of "techno"kit will get the product off the shelves and before the others launch the "GIZ" could be a fad thats taken over the world.Alternatively if the market holds back from thre product ....it could bomb!Well lets just hope its my former suggestion and if that is the case, then, yes It will be me splashing you as i drive past in my roller!Come on GIZ!!!!

m100 - 08 Mar 2005 09:17 - 740 of 1449

well journos are notorious at missing the point - at these prices c 1.4(viz 2.4 last year) its still a good bet and a product its a good all rounder - the giz is a "player" in this market - excuse the pun - surprised theres not more large buys. (cf - The Blackberry wasnt too well received initially, but look at it now)

Paulo2 - 08 Mar 2005 09:26 - 741 of 1449

People will be waiting to see how low Tiger goes before the bounce!!! I hope!

willfagg - 08 Mar 2005 14:17 - 742 of 1449

Well this price is just too good.Had to buy some more,keeping everything crossed.unless TGTL announce something disastrous today 1.45p is a silly price.IMHO. If ive got it right i willhave to buy second roller ................now what colour do i get?

iturama - 08 Mar 2005 14:45 - 743 of 1449

Willfagg. Lesson to be learnt here when you buy your roller....

A man from Texas, driving a Volkswagen Beetle, pulls up next to a guy in a Rolls-Royce at a stop sign. Their windows are open and he yells at the guy in the Rolls, "Hey, you got a telephone in that Rolls?"

The guy in the Rolls says, "Yes, of course I do."

"I got one too... see?" the Texan says.

"Uh, huh, yes, that's very nice."

"You got a fax machine?" asks the Texan.

"Why, actually, yes, I do."

"I do too! See? It's right here!" brags the Texan.

The light is just about to turn green and the guy in the Volkswagen says,
"So, do you have a double bed in back there?"

The guy in the Rolls replies, "NO! Do you?"

"Yep, got my double bed right in back here," the Texan replies.

The light turns and the man in the Volkswagen takes off. Well, the guy in the Rolls is not about to be one-upped, so he immediately goes to a customizing shop and orders them to put a double bed in back of his car.

About two weeks later, the job is finally done. He picks up his car and drives all over town looking for the Volkswagen beetle with the Texas plates. Finally, he finds it parked alongside the road, so he pulls his Rolls up next to it. The windows on the Volkswagen are all fogged up and he feels somewhat awkward about it, but he gets out of his newly modified Rolls and taps on the foggy window of the Volkswagen.

The man in the Volkswagen finally opens the window a crack and peeks out.

The guy with the Rolls says, "Hey, remember me?"

"Yeah, yeah, I remember you," replies the Texan, "What's up?" "Check this out...I got a double bed installed in my Rolls."

The Texan exclaims, "YOU GOT ME OUT OF THE SHOWER TO TELL ME THAT?"

willfagg - 08 Mar 2005 14:54 - 744 of 1449

LOL........Iturama

You must forgive me my moment of euphoria, probably never happen, but its what keeps me going.Thanks for the laugh.

hlyeo98 - 08 Mar 2005 19:41 - 745 of 1449

When WHOG rises, then I will buy myself such a Volkswagen Beetle, iturama

TheMaster - 09 Mar 2005 09:08 - 746 of 1449

Top up now at this level before the launch of the 'GIZ' next week, then reap the rewards.

willfagg - 09 Mar 2005 10:53 - 747 of 1449

Hers hoping , I really did not think we would get shares for 1.35p again. The launch next week will be nerve jangling, but still feel no reson to be pessimistic.Run out of cash so hope the price does not drop anymore as i will not be able to cash in.I would sell my body but I would have to pay them!

iturama - 09 Mar 2005 11:19 - 748 of 1449

LONDON, March 9 /PRNewswire-FirstCall/ -- - HDL Confirmed as Gizmondo Logistics Partner for UK

Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. , has signed an agreement with the HDL Group, based in Glasgow, Scotland, for the delivery of logistical services surrounding the retailing and customer support of the new Gizmondo handheld multi-entertainment device in the UK.

Finished goods delivered from the Flextronics assembly line in China will be configured and tested in Holland before being picked, packed and shipped to their final UK destination by HDL. HDL will also manage dissemination of marketing materials and point of sale to retailers as well as product distribution.

The Gizmondo's 1-year product warranty will also offer a 'no quibble' service agreement to replace faulty units, if any hardware problem arises. HDL will manage this, alongside a customer service helpline, to ensure customer's satisfaction for their Gizmondo.

Donald McCorquodale, Director, HDL, says: "we are delighted to be involved with this innovative and exciting new project and we look forward to playing our part in the establishment of Gizmondo as a household name."

Steve Carroll, Director, Gizmondo, says: "HDL have a proven track record in providing cost effective and reliable logistic solutions. Their experience and commitment to delivering excellence will prove invaluable going forward."

The Gizmondo is powered by Microsoft Windows CE advanced real-time operating system, boasting 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 SD and MMC card accessories.

The Gizmondo device and its games are in retail stores from 19th March 2005 in the UK, and in North American and Continental Europe markets from Spring 2005.

accord - 09 Mar 2005 11:22 - 749 of 1449

So Monday 21st March will be interesting after the first weekends trading.

iturama - 09 Mar 2005 11:27 - 750 of 1449

A note from Sparky Santos posted on a US BB:

Most Americans born after 1970 remember the Wendy's ad wherein octogenarian Clara Peller glanced at a hamburger, then looked squarely into the camera and asked, "Where's the beef?"

That was early in 1984, when a then-lesser-known Wendy's, despite its superior burger, was lacking awareness, and was experiencing lagging sales growth; growth that was sadly trailing Burger King and McDonalds.

While poor old Clara was only paid $ 500,000 for the ad, and although she was shit-canned just a few months later for claiming [in a Prego Spaghetti ad] to have "found the beef;" her popular "Where's the beef?" ad was run through the end of 1986 and during that two-year period Wendy's sales soared 31%.

Despite his hatred of refined carbohydrates, Sparky sees a very interesting analogy here between the hamburger industry in the mid-1980s and the portable console industry today.

For starters, twenty years ago McDonalds was to hamburgers what Sony is to consoles today; Burger King was clearly number two in the hamburger world, just as Nintendo is in consoles today; and Wendy's was then a distant third in hamburgers, just as Gizmondo is today in consoles.

And look what's happened since - McDonalds was a well-run company back then and still is today, it had a huge and growing base of loyal customers back then and still does, and it was clearly the industry leader then and today with over 31,000 outlets it still is. Burger King also stuck to a good plan that's worked, it too has established a huge and loyal customer base, and with over 11,000 restaurants it's clearly still number two.

But even though the same two industry leaders still lead, Wendy's is still clearly and not-so-distantly number three, and it now operates over 8,000 restaurants worldwide.

A final similarity Sparky sees between the burger wars of the mid 1980s and the console markets of today concerns the quality of the competitors' respective products. Specifically, back then the single awareness concept that put Wendy's permanently on the map was simply pointing out that their product was not only as good as what the big boys were serving, but that it was better.

Sparky sees a similar awareness campaign on Gizmondo's near-term marketing horizon. For after all, Tiger's Gizmondo performs all the functions that Sony's PSP and Nintendo's DS do, and then some, and does many of them better.

With these thoughts in mind, Sparky urges TGTL shareholders to stay focused on Gizmondo's long-term potential and to keep recent trading, which appears to be exaggerated by sizable leveraged transactions, in its proper prospective.

And as a final note, as of Tuesday's close, TGTL shares sported a Relative Strength Index (RSI) of 23, which is clearly beginning to signal an oversold condition. Only three times during the past year has TGTL's RSI dropped below 25: For three days in early August of 2004, for two days at the very start of September 2004, and for one day on November 8th of 2004. And as a glance a one-year TGTL chart reveals, each of those instances was immediately followed by significant share price appreciation.

This all leads Sparky to conclude that we TGTL shareholders should not only stay long, but we should also think long.

Sincerely,

Sparky

m100 - 09 Mar 2005 11:51 - 751 of 1449

great run out of cash buying in at ever lower prices and it drops even lower!
guess there will be lots of sell/buys on the way back up to 2++ then

accord - 09 Mar 2005 13:03 - 752 of 1449

hey, something has happened around 12 noon. Nice little bounce up.

graph.php?startDate=09%2F03%2F05&period=

PS nice thread their iturama

m100 - 09 Mar 2005 15:10 - 753 of 1449

could do with a few more bounces - liked the roller joke, very droll

willfagg - 09 Mar 2005 15:49 - 754 of 1449

TGTL price is still languishing. You would think that with a week to go to launch there would be some hype to bounce it!

m100 - 09 Mar 2005 16:02 - 755 of 1449

shall we create some? Have found a lot of the tekky companies dont always get their marketing quite right

willfagg - 09 Mar 2005 16:24 - 756 of 1449

Have you guys noticed TGTL down 11% to $21 now!!!!! Dont panic Captain Mainwairing

iturama - 10 Mar 2005 11:13 - 757 of 1449

2005-03-10 05:06 ET - News Release

Also News Release (U-TGTL.PK)



LONDON, March 10 /PRNewswire-FirstCall/ -- - More functionality unveiled at premiere European trade show

Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. , today announced it will be profiling a satellite navigation software application on the Gizmondo stand at the CeBIT European consumer electronics and videogames show, which starts today in Hannover, Germany.

The Gizmondo lists an arsenal of functionality including gaming, MP3 and MPEG 4 music and movie playback, email, SMS, and picture messaging. In addition, the subscription-free GPS hardware embedded on the device enables many other day-to-day practical applications and uses - satellite navigation being just one of those.

CeBIT, which runs from 10th - 16th March 2005, has been chosen for Gizmondo to demonstrate the latest mapping and route-finding software from Tom Tom. The Gizmondo, its games, and GPS applications will be on show in Hall 25, stand F36, as well as being featured on the NVIDA booth in Hall 23, B43.

Carl Freer, managing director, Gizmondo, says: "CeBIT will be the first event we've shown the GPS functionality of the device, and the satellite navigation demo from Tom Tom will undoubtedly draw a great deal of interest." He added. "How we proceed with navigation software will depend largely on responses we get at the show."

The Gizmondo is powered by Microsoft Windows CE advanced real-time operating system, boasting 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 SD and MMC card accessories.

The Gizmondo device and its games are in retail stores from 19th March 2005 in the UK, and in North American and Continental Europe markets from Spring 2005.

About Tiger Telematics and Gizmondo

Gizmondo Europe Ltd. is an owned subsidiary of Tiger Telematics Inc (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 company's United Kingdom based subsidiaries.

http://www.gizmondo.com/http://www.tigertelematics.com/
About TomTom

TomTom BV is a global provider of personal navigation solutions for mobile people. TomTom provides innovative, easy to use navigation products built on world leading hardware and software platforms. TomTom BV was founded in 1991 in Amsterdam and has offices in The Netherlands, United Kingdom, France and USA. The company's products are sold through a distribution network of top retailers in more than 15 countries. To learn more about TomTom, visit: http://www.tomtom.com/

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