Myhome Share Discussion Threads

[brando69] 12/6/2008 17:17

"You are conditioned like a dog is conditioned when it's owner beats it everytime the clock strikes one. "


LOL

Love it

Mary you old hound... how's your FRR short?

[gsands] 12/6/2008 17:07

We don't know the numbers will be bad. You think they will because the share price has fallen. Therefore you are not thinking clearly anymore - you are making an emotional judgement.

You are conditioned like a dog is conditioned when it's owner beats it everytime the clock strikes one. Every time the clock strike ones, the dog begins to cower.

Everytime the share price drops, you convince yourself the end is nigh.

[marycurer] 12/6/2008 17:04

Well we all know numbers will be very bad so what will happen then?

[gsands] 12/6/2008 17:02

The drop in share price is meaningless really on a small illiquid cap like this.

The stock could easily treble in three days.

I am sure large holders are not unduly worried. It's really about how the numbers look when they are released.

With a market cap of £10m the company would have to be on the verge of failure for this valuation to be correct.

Don't forget that the company have been buying exisiting businesses with established franchisees and recurring royalty revenues. This is not a 'from scratch' business.


If you think about the millions of pounds which have been invested and we can now buy into a share of that for a fraction of the price - you will realise what a wonderful opportunuity this is.

[love it] 12/6/2008 16:54

MYH posts please. Lets not get into arguments.

[brando69] 12/6/2008 16:53

think you are stalking each other in a two-man daisychain

[brando69] 12/6/2008 16:52

marycurer - 12 Jun'08 - 16:46 - 90 of 92


do i get a prize for calling this 100% correctly


yep - you win a year's subscription to GSands TipTop Tipsheet - the best contrarian indicator for your investmetns on the market

[marycurer] 12/6/2008 16:50

no i think you are stalking me

[gsands] 12/6/2008 16:48

Are you following me from thread to thread?

[marycurer] 12/6/2008 16:46

do i get a prize for calling this 100% correctly

[gsands] 12/6/2008 16:46

Brando,

Let's see when the results come out.

I have seen many a small cap languishing in the mud of negative sentiment, only to rocket 60 - 100% on one good update of the company.

I'll stick to my forecast for now. This company is undervalued on virtually every measure.

[brando69] 12/6/2008 16:43

GSands - 12 Jun'08 - 16:42 - 87 of 87


Anytime between now and end of July. My guess is that they want to come to the market with a comprehensive post aquisition update in order to get the share price moving north again.

The longer they leave it, the more meat they can put on the bones in terms of how the blending of the businesses is going.

In addition, there are some key franchising shows early summer. With any luck we'll see how the recruitment of new franchisees is going.

The problem for the share price is that I think the delay is being construed as a sign of problems - given the sick mental state of health of the market at the moment.


You called this one badly wrong GSands... time to hold your hand up and eat humble pie

[gsands] 12/6/2008 16:42

Anytime between now and end of July. My guess is that they want to come to the market with a comprehensive post aquisition update in order to get the share price moving north again.

The longer they leave it, the more meat they can put on the bones in terms of how the blending of the businesses is going.

In addition, there are some key franchising shows early summer. With any luck we'll see how the recruitment of new franchisees is going.

The problem for the share price is that I think the delay is being construed as a sign of problems - given the sick mental state of health of the market at the moment.

[love it] 12/6/2008 16:38

We all await the results. Know doubt what ever they are people will see them two ways. LOL


Good luck all.


Still sat on the fence and it is sstarting to hurt lol

[mikey_b] 12/6/2008 16:38

I meant, when are the results?

[mikey_b] 12/6/2008 16:38

can i rub it better?

[love it] 12/6/2008 16:37

We all await the results. Know doubt what ever they are people will see them two ways. LOL


Good luck all.


Still sat on the fence and it is sstarting to hurt lol

[gsands] 12/6/2008 16:32

JRVS is a long term hold for me. So have held 100% of my shares.

TAN short going well. Just a trading position though. Thinking of taking profits soon and putting them into JRVS.

My core portfolio is very small. Just a handful of carefully researched stocks.

In size order:

JRVS
MAY
PRTY
MYH
PVCS

[dailos] 12/6/2008 16:30

GSands
Hows your long in JRVS going?
I guess you either reversed it at the top or sold, took huge profits and shorted TAN with the money....?

[gsands] 12/6/2008 16:24

The MYH brand does not really mean much now - they are still establishing it.

But in time it will be as well known as Dominoes Pizzas.

[knowsleyman] 12/6/2008 15:37

GSands

Have you forgotten just how the market, usually, has an uncanny way of getting the share price right?

[mikey_b] 12/6/2008 14:43

I agree with your figures, I just don't like the business model from a potential franchisee angle. Which impacts on my thoughts as an investor.
I don't actually think the brand is worth much. Branded window cleaners? branded home cleaners?

One advantage they have is the offer of financing (by NatWest) so you only need £5k to start.


I'm off. Good luck, I am sure it will do well but there are other fish to fry...probably in oil ;-)

[gsands] 12/6/2008 14:34

The company signed up 77 franchisees at the start of the year.

At an average of £25k a pop, that's £1.925m

Quite a lot of revenue for a company which the market is valuing at only £10m.

This is WAY undervalued. But this market is sick, so it is not unusual.

[mikey_b] 12/6/2008 13:12

"I think you are underestimating the value of the 'hand holding' and business support."
Possibly as I sit here contemplating future things to do.....like offering support and hand holding....