Flip and mirror.

On this forum there are only a few with real experience with FontForge and they are not by definition English speaking ... thus, maybe better to ask on a FontForge forum?

Slightly condensed, it seems.

I thought it was designed, or rather drawn, for fun, by one or two Harper's Bazaar employees. Anyway, that is what I remember reading somewhere a year or so ago.

Now I remember, Manuscript Capitals / Daisy Rimmed is based on a typeface drawn for Harper's Bazaar, the Harper. In 2009 Nick Curtis published Weekly Bazaar NF, based on the Harper without the rim: http://myfonts.us/td-pZJl7F

The version available here on dafont is completely unusable - to say the least. I have a version on the drawing board since late 2007 which never seems to finish as new shapes turn up all the time as here in this thread. Maybe I should make it a family ... but when ... dunno.

For the fun of it

It so seems that both Letraset and Dan X. Solo only used a limited number from all available characters. Like in this thread, every once in a while a character that I have never seen pops-up. The H and E are easy as they are in Dan X. Solo Daisy Rimmed. The M, as said, can be made easily. Be it that the letter-shape will be different to this sample to keep it congruent with the other characters with such a tail.

HELM seems to be a variation on an old typeface that Letraset once called Manuscript Capitals and Dan X. Solo called Daisy Rimmed. I have never seen that M but that one can be made with ease with an n and a fancy n. See http://www.dafont.com/forum/read/96483/help-please-what-font-is-the-word-ashbourne

What? DEMI lovato ARGENTINA I - and many with me - can read myself.

Italic, a system font.

If this were once a font - which is possible as two of the Es show some similarities - it has been manipulated to such an extent that finding a match may take more time than I want to spend on it.

Handwritten, as you said.