Myhome Share Discussion Threads

[gsands] 05/8/2008 18:39

Turnover is £1m.

Royalty is 12%.

[jaypea] 05/8/2008 18:20

GS...is that £1m sales for franchisees and what % Royalty is due to the plc or is the £1m the Royalty fee?
Where was that article published?

Cheers
jaypea

[nonno] 04/8/2008 13:28

WWW.AIMZINE.CO.UK

[nonno] 04/8/2008 13:27

INTERESTING READ ON WWW.AIMZINE.CO.COM

[gsands] 04/8/2008 09:17

First Million for Myhome Window Cleaning
Something in the Water as Excitement Washes Through Myhome's Offices!

We are delighted to report that here at Myhome Esher we are in a state of anticipation, thrilled as Myhome Window Cleaning nears its first million pound turnover as a group! The Myhome pilot operation, based in Farnham, Surrey is fast approaching the milestone mark, and the team couldn't be more excited!

[mackdaddy] 28/7/2008 10:09

GROSSSSSSSSSSSLY UNDERVALUED....

[slapdash] 28/7/2008 09:44

before the rights issue/placing expect lots of suspicous buy trades and promotion of the stock.... always the way...... so this could bounce a fair amount as market manipulators get to work.... ur sorry I meant to say brokers looking to raise the money and get huge fees with no risk from doing so... thus we will get bullish reports out.... etc etc... slap

[dorkus maximus] 28/7/2008 07:32

will they clean ma balls?

[mr hangman] 25/7/2008 17:03

£3600 for Myhome, yes that sounds about right

[pictureframe] 25/7/2008 15:52

lol

The Ideal ChipsAway Franchisee – ambitious, tenacious, hardworking with a determination to succeed.

Your investment – Packages from £22,500. 'Custom Built' with up to 4 additional modules allowing you to build your business as your needs dictate.

No royalty payments – franchisees only pay a fixed management charge of £60 per week!

[pictureframe] 25/7/2008 15:47

lol - 3 x£150 a day yeah right !

[slapdash] 24/7/2008 12:54

why Myhome will never be able to compete with its fat overheads:

far less expensive and do a better job.. slap

[mr hangman] 24/7/2008 10:47

This Student was it Brando, probley trying to buy 2 MYH shares

[gsands] 24/7/2008 09:48

Lloy gone a bit debt adverse?

Student charged £800 for going 8p into the red
Lloyds TSB criticised for threatening 20-year-old with legal action as FSA extends unfair charges waiver

[mr hangman] 24/7/2008 09:09

Brando buy some more...

[dorkus maximus] 24/7/2008 09:03

very succinct old hamid.

[mikey_b] 24/7/2008 08:13

nude cleaning services for young executives may catch on.

[oldhamkid] 23/7/2008 20:03

Bust by Xmas mark my words.

[mikey_b] 23/7/2008 15:20

From what I can see SM/RO and the other directors hold 33.2% of the shares worth £1.65m. RO/SM have options over I think 1.9m shares between them. MYH raised money and bought 27.42% of FIS. FIS has a market cap of £1.9m so you could say MYH paid £100k for £512k of equity in FIS.Looking at the FIS shareholders SM/RO have 4m shares each,equivalent to 22% of FIS so they used MYH money to buy shares in their own company. In the companies I've worked for this would be potentialy in conflict with corporate governance. The investment was to "allow MYH access to franchise opportunities". FIS have recently bought 50% of DTT an HGV driver training company in which again SM/RO are directors. I'm not sure how DTT fits with the MYH main strategy in home services?
If I look on the upside MYH paid £100k for £512k of FIS shares and own 27.42% of DTT worth £548k. So MYH have used £100k of its shares to buy £1069k of FIS/DTT shares. Mind you DTT made a loss in their latest accounts and FIS are just starting up in investment so to be worth their M.Cap (MYH investment) they have to deliver in the future as they are not generating profit today.

Not my words. Copied. DYOR.

[brando69] 23/7/2008 12:49

i think that is sth they might consider as shareholder freebies for the next agm:

free bottles of branded dettol and babywipes.