AMU quite rightly appears to be developing a small following, hence I have updated the header with a 'carrot' and the charts.

PTH

UK smallcap opening - Air Music & Media gains on Investors Chronicle tip
AFX


LONDON (AFX) - Buyers came for Air Music & Media, 1.13 ahead at 7.75 pence, after the Investors Chronicle advised readers to 'buy'.

With trading looking strong at the music distributor, and a share price target of 13 pence from broker Seymour Pierce, the shares look oversold, the IC concluded.

I'm unsure whether or not AMU are in negotations with
Rank Group for Deluxe Films but I reckon something must
have triggered the 'buying' spree today.

Correct me if I'm wrong but AMU have made at least one
acquisition to its business every year. I think the last
acquisition they made was in October 2004 when they
bought Redworth Ltd. About time they added another
one methinks. I'm hoping for a share consolidation
to take place after the next major acquisition as we
have too many shares issued at present and I reckon
it is having a hegative impact on the SP.

Explosive

Thanks for showing the 'buys' and 'sells' today they look
great don't they?

Definetly cheered me up and now looking even more
foward to the weekend. Have a good one. I know I will.

All the Best

1704 - Found this on Bloomberg.

Sept. 2 (Bloomberg) -- Rank Group Plc, the owner of Grosvenor Casinos and Mecca Bingo, abandoned a plan to spin off its Deluxe Film business and said it may keep the unit a year after announcing plans to exit DVD distribution and movie processing.

The plan to distribute stock in the movie-processing company to Rank investors was cast aside amid concerns that the business may not be strong enough on its own to fulfill long-term contracts with film companies, Chief Executive Mike Smith said today in an interview. London-based Rank still aims to sell the unit and is in negotiations with at least 10 potential buyers, he said.

``We put a lot of work into a demerger which we were hoping was the simplest way of separation,'' Smith said today. ``We have not made that work on a satisfactory basis and we're now looking to see if that business can be sold. It not a business we would let go for any price and we're keeping the option to retain that business if we can't find a satisfactory outcome.''

Rank, which has distributed movies for more than 50 years, wants to focus on its gambling business as the U.K. government plans to relax legislation governing the country's $3.8 billion gaming industry. The company has still to find a way of exiting the movie industry a year after it said it was seeking to do so.

Loss of Contract

Plans to sell the unprofitable Deluxe Media unit, a maker and distributor of DVDs, have reached an ``advanced'' stage and a transaction should be concluded by the end of this year, Smith said. More than one buyer is interested in the unit, whose loss widened in the fiscal first half after the ending of a contract that accounted for almost half its DVD production, he said.

Definatly looks intresting and you are correct with the timing of past mergers...

1704 - Have a great weekend too!!

The company, founded by J Arthur Rank and strongly associated with the British film industry, making hundreds of films including the Carry On series, will end its 60-year association with movies by selling its Deluxe Media business before the end of the year.

Deluxe Media manufactures about 200 million DVDs and videos a year, and distributes many more. It is estimated to be worth around 700 million.

"The sale process is progressing but, as we have said previously, it is a complex transaction and will only be completed on terms that the board consider to be in the best interest of shareholders," Mike Smith, Rank's chief executive, said.

"The people interested in that business fall into two categories. There is a category that are already big players in that industry and who would look to buy our business and get synergies and so on," Mr Smith said.

"And the other parties are those who are on the edge of the industry and see our business as a way of getting much bigger and of getting much closer to important customers."

Source http://business.timesonline.co.uk/article/0,,9071-1762125,00.html

Estimated to be worth 700mil...... Says it all AMU Market Cap 22.84mill.., so can't see an AMU aquisition here..

Anyone know what Deluxe Films estimated worth is?

Explosive

Thanks for the info about Rank Group. There was an interesting
article about the same company a couple of weeks ago in the
Mail on Sunday which highlighted the problems about Deluxe
Media. It has been trying to sell this part of the group for I year.
A year ago it was rumoured to be willing to sell Deluxe for 50m
if my memory is right but now is expecting around half that
figure because of the poor performance.

Anyone read the RNS Statement today 5M shares sold in
AMU by an ex Director. Could explain the large volume of
buying today.

All the Best

2,028,500 number of 'buys' today.

343,679 number of 'sells'.

It makes lovely reading doesn't it? Despite the
large volume sold by Michael Infante there
appears to be a large investor/s ready to
scoop them up. Next week should be interesting
in fact I reckon the next few weeks could be
interesting.

Wooops! Explosive I take back some of the things
I stated earlier about Deluxe Media.

Just been reading an article about Rank Group on the
Hemscott Website regarding the results and the Deluxe
Media part of the company. An analyst for Seymour
Pierce puts a much larger valuation on the business
than what I thought. But having said that are many
parts to the division of Deluxe Media which I feel could
still see AMU taking an interest unless another buyer
with more cash buys the whole of Deluxe Media.

Ex-dividend date: 7 sept. Regards goal.

Air Music & Media Group PLC
02 September 2005


Air Music & Media Group plc

("Air Music" or "the Company")

Holding in Company

Air Music was advised today that Michael Infante sold 5,000,000 ordinary shares
of the Company on 31 August 2005.

Following the above sale, Michael Infante now holds a total of 26,840,000
ordinary shares in the Company, which represent 5.33 per cent. of the issued
share capital of the Company.



This information is provided by RNS
The company news service from the London Stock Exchange

Five mil may have been sold however Michael Infante still has a considerable holding in AMU.

Goals-Thanks for the info about the X-Dividend date.

Explosive-Agree with your comments about the Michael
Infante sell. However, although 2M plus shares were quickly
bought on the day of the announcement. I was hoping we
would see another day of large buying today.

There may just be a slight chance that AMU maybe interested
in parts of Rank Group after all?

The Times Newspaper (3/09/05) Business Section/Page 53

Article 'Rank leaves Deluxe demerger idea on the cutting-room
floor'

'Rank Group, the Mecca bingo to Hard Rock Cafe operator, has
abandoned plans to demerge its 600 million Deluxe Film business
and has instead decided to seek a buyer'.
...'To attract investors, Rank split off the less successful Deluxe
Media arm, which makes and distributes videos and DVDs. It
confirmed yesterday that it expected to sell the business,
estimated to be worth 50 million by Xmas'.

Explosive

My faith in mankind has been restored. Over 800k
of buys have gone through. I wonder if we will soon
have RNS Statement confirming whether or not a
large investor/s has been purchasing the shares?

1704 - Although over 1.1m trades have gone through the biggest examples are 150K & 200K. The are no more than 9-12K transactions which doesn't appear to be big institutions. RHPS have the shares on hold, we need the city big wigs to change their status to buy.... 372.82mil shares in issue trading on average @ 5.92p = Market Cap of 22.1m. AMU turnover should be over the 50m this year and a company buy back is needed to firm up sp stability. Having said this AMUs risk grade has fallen from 05/08 - 310 to 02/09 - 256 proving some degree of confidence in the sp within the market!!

Explosive

Since the RNS informing us that Michael Infante has
decided to sell 5M. There has been consistent buying
of the shares. Mainly in multiples of 50k and 100K since
the RNS nearly 4M have been bought. If you have got
a spare 9-12k please lend it to me so I can also top-up
and enjoy the fun. Just because the multiples are in
series of 50k and 100k buys it does not mean that a
large investor/s is not behind the buying.

1704 - I see your point however as commission is paid on the buy transaction wouldn't a large investor buy in one chunck rather than many smaller deals costing more on commission. Also a large investor in my mind would be ploughing in +20K as an individual and +100K for an institution....

Explosive

The NMS of AMU is 100k (or even smaller?) which
makes it very difficult to buya large amount of the
shares in one swoop. Therefore, 'buy' limit orders
can often made with brokers to buy the shares
at a certain price.
What interests me about this is that on Fiday
2m shares were bought and today over 2.75m
since M. Infante sold 5M last week.
None of the shares that have been bought are
over 6p and despite the large volume of buying
the SP has not moved an inch.

1704 - You've prompted me to now analyse the days trading which I've done from data on every trade from 10am to close. I have noted 11 buy transactions where 100K shares or more purchased at an average price of 5.94p. Also and very promising of the 41 buys made since 10am today the average buy was for 60,364 shares...... I agree that it very intresting that the sp hasn't moved an inch, surely the proportion on buys to sells today would have increased the sp. Not sure if the spread changed today, anyone got the figures?

Buys 2,752,468 - Sells 255,500 (bid 5.75 / offer 6.00 / mid 5.88). Now I would have thought if tomorrow brings simalar trading to today the bid and offer should increase by .25.... Lets wait and see....

The AMU and iii websites are showing the last 3 trades
today as 'sells' at 5.94p. The same price as many of the
'buys' today. Confused? Join the club.

Even more confusing is that they are both showing
a whopping 1p price spread. Ouch!

Bid 5.75p Ask 6.75p

Didn't someone on here last week suggest that
there could be news about a acquisition taking
place? Bearing in mind that AMU had made at
least one per year and the last was made in
October 2004. Cannot remember who it was
who suggested it but they have been proved
right with the RNS announcement released
today.

I reckon there could be a larger acquisition
being made before Xmas.