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Myhome International (MYH:AIM) – Finals PTP: £1.46m (£0.7m) Divi: n/a (n/a)

While turnover rose 90% last year much of this was down to acquisitions, including its latest for ChipsAway in November, a mobile car repairs service. This means Myhome has its fingers in all sorts of pies, from carpet cleaning and ironing, to plumbing and electrical repairs, but the focus must now fall on extracting real value from this collection of businesses. The signs are not terribly encouraging and the company is already warning that 2008 could be worse than originally hoped. Analysts took the hint and slashed forecasts, cutting EPS from 6.6p to just 4p, although there is an outside chance of a dividend this year. The shares fell about 15% as investors took flight, to 26p, putting the stock on a 2008 PE of 6.5.

Shares says: Rating is not demanding but wait to see if the company can bounce back from this difficult start.

by: John Marshall

The writer holds shares in this company