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MY HOME INTERNATIONAL PLC, Might Be Worth Getting In Before Move To Aim. (MYH)     

goldfinger - 01 Jul 2006 10:55

Worth doing a bit of research on this one. Growing like crazy and is still relatively cheap with a forward P/E of around 13 to the results this year and only 7 for next year.

Plenty of news flow to come and is moving up to the Aim market later this year.

Myhome is an international multi-product franchising company providing home
services such as residential cleaning, lawn care and kitchen and bathroom
resurfacing services. Originally developed by Unilever, the Company was
admitted to Ofex in January 2002. The following year the Company launched its
franchise programme and has identified as many as 300 potential franchise
territories within the UK. Myhome is a member of the British Franchise
Association.

The acquisition from Unilever provided the Company with extensive training
systems, bespoke scheduling and billing software and valuable marketing
materials. In addition it acquired Unilever's unique Tri-Colour Cleaning
system, an efficient home cleaning methodology that was the result of extensive
time-and-motion studies.

Nicenstripy is a South East-based franchise providing residential gardening
services throughout the year. Founded in 1996 Nicenstripy currently has 40
franchisees. Myhome acquired Nicenstripy in two tranches in December 2005 and
April 2006.

Surface Doctor provides a cost effective way to repair and refurbish kitchen
and bathroom surfaces as an alternative to the expense and disruption of
replacement. The system uses a proprietary bonding agent to restore and re-
colour kitchen cabinets, worktops, baths, sinks, tiles, and other surfaces.
Surface Doctor was acquired in February 2006.

Like Myhome, Nicenstripy and Surface Doctor are also associate members of the
British Franchise Association.

Ovenclean is a residential oven cleaning business with 167 franchisees. It
operates both in the UK and internationally. The Board believes that Ovenclean
will immediately benefit from the IT systems, group marketing efforts, and
cross-selling potential of Myhome.

Ovenclean has a database which exceeds 20,000 homes and presents a strong
opportunity to enhance customer spend with other Myhome service offerings. The
Ovenclean franchising business operates on a fixed management fee structure,
which guarantees income growth, irrespective of the underlying franchisees
performance.

www.myhomeplc.com
www.nicenstripy.com
www.surfacedoctor.com
www.ovenclean.com

DYOR.

Cheers GF.

Paulo2 - 12 Dec 2006 16:46 - 99 of 125

AIM
12 December 2006


ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:
Myhome International plc

COMPANY ADDRESS:
119 Richmond Road , Kingston Upon Thames, London

COMPANY POSTCODE:
KT2 5BX

COUNTRY OF INCORPORATION:
England And Wales

COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:


Myhome International plc is a multi-product multi-branded franchise operator, specialising in the provision of
premium residential services, with a franchisee network of over 250 outlets.



It currently provides four key residential services: cleaning, garden maintenance, kitchen/bathroom resurfacing,
specialist oven cleaning and car valeting services via the group's Myhome Clean, Nicenstripy, Surface Doctor,
Oven Clean and Autosheen options respectively.
DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which
it seeks admission and the number and type to be held as treasury shares):

46,240,853 Ordinary Shares of 5 pence each

CAPITAL TO BE RAISED ON ADMISSION:
NIL

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:

Russell O'Connell (Executive Chairman)
Simon Laird McNeill-Ritchie (Director)
George Robert Boot (Non-Executive Director)
Arif Badrudin Virani (Non-Executive Director)
Jonathan Maxwell Jenkins (Proposed Director)
Martin Gerard Ward (Proposed Director)


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:


Prior Admission Post Admission

Nigel William Wray - 14.87%
JM Finn Nominees 13.41% 10.04%
Russell O'Connell 12.66% 11.88%
Starvest plc 9.53% 7.14%
BNY (OCS) Nominees Limited 7.31% 5.48%
Stephen Glen Hemsley - 5.41%
Rathbone Nominees Limited 6.80% 5.09%
TD Waterhouse Nominees 5.34% 4.00%
HSBC Global Custody Nominee (UK) Limited 5.05% 3.78%
Franchise Investment Strategies plc 4.69% 3.51%
Sarah Meong Yee 4.33% 3.24%
Pershing Keen Nominees 4.02% 3.01%
Unilever UK Holdings Limited 3.18% 2.38%

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
N/A

ANTICIPATED ACCOUNTING REFERENCE DATE:
30 September 2006

EXPECTED ADMISSION DATE:
29 December 2006

NAME AND ADDRESS OF NOMINATED ADVISER:
Noble & Company Limited, 76 George Street, Edinburgh, EH2 3BU

NAME AND ADDRESS OF BROKER:
Noble & Company Limited, 120 Old Broad Street, London, EC2N 1AR

DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT
THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:
Noble & Company Limited, 120 Old Broad Street, London, EC2N 1AR

DATE OF NOTIFICATION:
12 December 2006

stockdog - 12 Dec 2006 16:57 - 100 of 125

79.83% held be major interests, leaves 20.17% free float. It won't be that easy to trade in and out of these which is good for us long term holders. Also volatility should be at a low level, since I don't see any of thes abpve trading on these. That just leaves a nice steady climb to 3 or thereabouts over the next 3-5 years, IMHO. Very nice.

Mind you. watch out for bailers when they reach their target. If fundamentals remain intact buy on the dip. If they have a valid reason follow them out.

goldfinger - 13 Dec 2006 09:37 - 101 of 125

20.17% free float, rather interesting. The price could head a lot higher than I originally thought.

Biscuit - 13 Dec 2006 10:45 - 102 of 125

Yes, large demand would cause sharp price movements, unless existing holders are willing to sell down.

goldfinger - 13 Dec 2006 10:55 - 103 of 125

Yup it works both ways when you have a small free float like that, good job its a brilliant business.

goldfinger - 13 Dec 2006 11:04 - 104 of 125

Nudging up again.

Biscuit - 13 Dec 2006 11:19 - 105 of 125

Yes, looking at the PEG for current year expectations, it still looks very good value.

goldfinger - 13 Dec 2006 11:48 - 106 of 125

Yup and a new high, just hit.

goldfinger - 13 Dec 2006 12:18 - 107 of 125

Everyman and his dog buying in now.

Iankn73 - 13 Dec 2006 21:22 - 108 of 125

I'm so glad I bought into this a few months ago. Who knows where this will go when it floats on AIM 29th Dec. Cant come soon enough for me. This is certainly a long termer IMO.

goldfinger - 13 Dec 2006 23:34 - 109 of 125

Certainly is.

goldfinger - 14 Dec 2006 10:43 - 110 of 125

On the move north again.

goldfinger - 18 Dec 2006 08:03 - 111 of 125

DAILY EXPRESS today...

Investment Extra: Looking back on 2006's respectable gains

AIM Market: The Media Buzz - MyHome International

Anybody have a copy?.

Iankn73 - 18 Dec 2006 20:48 - 112 of 125

For anyone who may have missed todays Daily Express:

silvermede - 19 Dec 2006 08:48 - 113 of 125

Positive write up & great publicity, story needs to be picked up by other national press now.

goldfinger - 19 Dec 2006 10:00 - 114 of 125

Many thanks Ian for the press clipping, spot on.

stockdog - 19 Dec 2006 10:02 - 115 of 125

The 33m on AIM versus 24m on Plus is a trick of the light - it's just the placing of the 10m with Wray/Hemsley and recent exercise of options by RO and others. Crap, cheap reporting to suggest it is BECAUSE of its move to AIM.

I remain very positive on this share and do not need lazy journalists over-egging the story.

goldfinger - 20 Dec 2006 08:42 - 116 of 125

Looks like from the MM action over the past few days that they are holding back a few for the aim launch LOL.

goldfinger - 28 Dec 2006 10:03 - 117 of 125

News
Myhome International plc - Withdrawal from PLUS


28 DECEMBER 2006


MYHOME INTERNATIONAL PLC
("MYHOME" OR THE "COMPANY")

WITHDRAWAL FROM PLUS

Further to the announcement made on 11 December 2006, the directors of the
Company confirm that Myhome is withdrawing from PLUS at the close of business
today, 28 December 2006. It is anticipated the ordinary shares of 5p each in
the capital of the Company will commence trading on AIM on 29 December 2006.


---ENDS---

The Directors of Myhome accept responsibility for this announcement


ENQUIRIES:

MYHOME INTERNATIONAL PLC 020 8404 6479
Russell O'Connell, Chief Executive 07801 064 905
Simon McNeill Ritchie, Chairman


goldfinger - 29 Dec 2006 02:42 - 118 of 125

From Growth Company Investor this evening.......

New home for Myhome
28/12/2006
As foreshadowed by Growth Company Investor in May, franchise group Myhome International joins AIM tomorrow after a 4 million funding. Myhome began life as the residential cleaning division of food-to-detergents conglomerate Unilever before Australian entrepreneur Russell O'Connell took it over. The company has expanded since then into other franchise areas, such as gardening maintenance and kitchen and bathroom surfaces refurbishment. Myhome launched its shares onto Ofex, now the PLUS share market, where its shares have risen from below 15p to a current 65.5p (with a 5p spread), well above the 32.5p at which Growth Company Investor highlighted the speculative potential in May. In the year to October, the acquisitive company lifted pre-tax profits 329 per cent to 734,000 on 400 per cent increase in franchise network turnover to 13 million. Two weeks before Christmas, a group of investors including Nigel Wray and Stephen Hemsley agreed to put 4 million of new money into the company at 40p representing a comfortable 30 per cent discount to the then market price of 58.5p. They also agreed to accept warrants to subscribe up to a further 3 million at the same 40p price. A move to AIM has often meant an immediate share price gain for companies exiting PLUS. Longer term, prospects depend on the Myhome's hitherto successful formula continuing to work.



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