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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Myhome | LSE:MYH | London | Ordinary Share | GB0031249856 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.00 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
30/6/2008 12:19 | Another T1ps.con fek up here.... How can they say no reason for share price decline a month ago when clearly there was???!! Bunch of con merchants IMO, including the whole T1ps brigade (maybe ;)) Bust within a year without a shadow... | stegrego | |
30/6/2008 12:18 | "cheap as chips" !!?? | littlemadam | |
30/6/2008 12:15 | Sandbank... Gsands sticking to his guns? Are you referring to this assertion? GSands - 29 Jun'08 - 21:52 - 106 of 158 30p ++ by close of business Monday. | brando69 | |
30/6/2008 12:10 | BALLS: Well I have to say I am heartened this morning by the fact that GSANDS - who has long been a proponent of MYH - has stuck to his guns and has pitched up here to field any flack coming his way. As none other than Ken Livingstone has said ( yesterday on Tv) - that there isn't going to be a recession, and Bloomberg say there isn't one in the USA either, then this may be a buying opportunity for the brave and the ballsy. | sandbank | |
30/6/2008 10:58 | A few large buys there this morning. | c0nn0r | |
30/6/2008 10:55 | I can't see the need for one unless: 1. Restructuring costs continue (and are actual cash costs rather than accounting writedowns etc.); 2. The flow of cash from new franchisees dries up; or 3. (Unlikely) They want to make further acquisitions. They've only recently agreed their banking facilities with LloydsTSB, so IMHO it is unlikely that they will need to renegotiate these in the near future. | happygolucky | |
30/6/2008 10:29 | is a cash call a dead cert here? | whiterussians | |
30/6/2008 09:47 | Gsands, Well you can see from the results, and it looks tight to me. I'd be cautious in a slowdown. | techmark | |
30/6/2008 09:45 | Techmark, I cannot say too much, other than they certainly have no cash problems. This is one company which I have researched very carefully and I am (despite the share price action) very confident about their future prospects. | gsands | |
30/6/2008 09:41 | Gsands, How much cash do they have left? | techmark | |
30/6/2008 09:32 | Sandbank, Yes - it is a risk I suppose. But one thing about MYH which impressed me greatly was the robustness of their business systems. They have a procedure for EVERYTHING. Nothing is left to chance. They have thought through every minute aspect of the business model and fine tuned everything for optimum performance. I have no doubt that over the years they have tried all sorts of different strategies on the phone, in terms of new customer recruitment. Obviously they have settled on this one because it works the best. | gsands | |
30/6/2008 09:29 | GSANDS: Thanks for that info. The "no quotes on the phone" policy is understandable enough - but in many customers' minds it will raise the fear that they are going to have some foot-in-the-door double-glazing type salesman calling around to spend the entire evening with them and that they'll have to sign up to an expensive agreement just to get rid of him. I appreciate that's not the reality - but that's what customers fear. They don't like having to let salespeople into their homes and might therefore choose to go elsewhere. | sandbank | |
30/6/2008 09:12 | Sandbank, I queried them on this and the reason why they do not quote over the phone is that they do not want to attract price sensitive customers. What they want is cash rich, time poor customers who will pay a premium cost for a premium service. Another reason why they do not quote over the phone is that they want the franchisee to meet the customer to build the relationship. A quote over the telephone is no substitute for a one on one visit where the franchisee can properly assess the needs of the client. Actually, what they charge for cleaning is very competive and they win a lot of business through referrals. | gsands | |
30/6/2008 09:12 | I wonder if master rsi is man enough to apologise for pushing this dog on the worst thread on this site non stop (ups) ? | 8trader | |
30/6/2008 09:12 | "As previously reported the Group sold 77 franchises in the first half of the financial year, a number materially below management expectations. This, coupled with the consumer slowdown and tightening of credit availability for franchisees has had a significant impact on the business." | someuwin | |
30/6/2008 09:09 | Another clue to the improving underlying business: The second half of the year has started well with over 50 new franchisees recruited between April and June 2008 compared with 77 in the first six months of the year. The company don't seem to be having problems recruiting franchisees. April, May and June = 50 July, August, Sept = 50+ ?? So the number for the full year could be 177+? This is of course well below expectations. BUT...at £25k a go, that is £4.4m just in franchise sales. | gsands | |
30/6/2008 09:00 | Yep - I confess that my timing was bad here. I thought the market would not react this adversely and that all the downside was already priced in. I should have realised the MM's would yank this down this morning. Never mind. The important thing here is the success of the company. The share price will follow. | gsands | |
30/6/2008 08:59 | I am confident this one will bounce back upto 20p in the short term, looks a very strong business model. Profit forecasts will still be strong for future years. Also we could see managment buy shares today:) | lgpixels | |
30/6/2008 08:57 | GSands - 30 Jun'08 - 08:43 - 138 of 139 Connor, This is a kitchen sink job. And with a little help from the MM's, all the private investors will be flushed out at the bottom. IN six months time the company figures will look far more robust. Debt will be paid down and one off restructuring costs will be behind the company. Going into 2009 the figures will look much better. If you knew this, why buy now, and continue talking it up when it was 20, 22, 25p? why not wait til after these poor results, in the knowledge that "going into 2009, the figures will look much better." Doh!!!!!!!!!!! | brando69 | |
30/6/2008 08:50 | Cost reductions will save over £500,000 in future years. ???? How do they rack up 500k of costs to reduce? This is a business that can be run on substantially less. Substantially. | mikey_b |
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