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Air Music and Media (AMU)     

ptholden - 24 Aug 2004 21:52

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.




graph.php?enableBollinger=true&showVolum

1704 - 02 Sep 2005 19:37 - 120 of 276


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.

1704 - 02 Sep 2005 20:39 - 121 of 276


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.

goal - 05 Sep 2005 09:45 - 122 of 276

Ex-dividend date: 7 sept. Regards goal.

explosive - 05 Sep 2005 11:06 - 123 of 276

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.

1704 - 05 Sep 2005 11:55 - 124 of 276


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'.

1704 - 05 Sep 2005 11:58 - 125 of 276


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?

explosive - 05 Sep 2005 13:11 - 126 of 276

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!!

1704 - 05 Sep 2005 14:17 - 127 of 276


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.

explosive - 05 Sep 2005 16:47 - 128 of 276

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....

1704 - 05 Sep 2005 17:01 - 129 of 276


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.

explosive - 05 Sep 2005 18:04 - 130 of 276

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....

1704 - 05 Sep 2005 19:44 - 131 of 276


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

1704 - 06 Sep 2005 11:50 - 132 of 276


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.

explosive - 06 Sep 2005 12:09 - 133 of 276

Well done 1704.......

Air Music & Media Group PLC
06 September 2005


Air Music & Media Group plc
("Air Music" or "the Company")

Acquisition

Air Music has today agreed to acquire the entire issued share capital of Maximum
Entertainment Limited ("Maximum"), which owns the exclusive licence to duplicate
and distribute certain Jetix titles, which include such well know children's
brands as Transformers, Care Bears, Ninja Turtles and Action Man, by way of VHS
and DVD in the UK, Channel Irelands and Eire.

The aggregate consideration to be paid for Maximum is 379,000, consisting of
75,800 in cash consideration and 3,790,000 new ordinary shares of the Company
at a price of 8p per share. In certain circumstances, the vendors of Maximum may
be entitled to receive additional consideration in the form of new ordinary
shares, based on the difference between the average closing mid-market price of
ordinary shares of Air Music for the 5 business days ending on 28 February 2006
and 8p per share.

Other than the licence described above, Maximum does not have any other
significant assets.

John French, Chairman of Air Music commented:

"This acquisition and its additional products will serve to further enhance our
recently expanded distribution and product offer to our customer base, via our
strengthen routes to market."

1704 - 06 Sep 2005 12:27 - 134 of 276


Cheers Explosive

Maximum Entertainment could prove to be an astute
buy considering recent research has suggested that
kids seem to prefer old characters such as Rupert
Bear, Post Man Pat etc. Good timing if you ask me
with the run up to Xmas.

I reckon the AGM will be worth attending anyone
else agree?

explosive - 06 Sep 2005 14:15 - 135 of 276

Hi 1704.

I've just been looking through Maximum Entertainments catelogue of childrens films and I totaly agree that these films will be an extreamly good asset to AMUs portfolio. Also these titles I believe will give AMU increased market share within the childrens film distribution market.

Just browsing through the catelogue brought back memories of cartoons I used to watch as a child which I thought were long lost, its abit like Star Wars where the following is more adult......

The Marvel section should prove a great asset as over the years many of the old cartoons have been turned into films.... Look at all the Spiderman DVD cartoons released with the film!! An excellent play by AMUs board and great timing too!!

The AGM will also be very much worth attending, this latest acquistion is very nice to see and backs their 29th July RNS regarding board change stratergy. Mark Frey must be feeling very pleased with himself and this acquisition, no doubt further growth will follow in AMU and the sp...

explosive - 06 Sep 2005 14:17 - 136 of 276

Air Music & Media buys Maximum Entertainment in deal worth 379,000 stg
AFX


LONDON (AFX) - Air Music & Media Group PLC said it has bought Maximum Entertainment Ltd for 379,000 stg.

It said the deal will consist of 75,800 stg cash and 3.79 mln new shares at a price of 8 pence per share.

Air Music said in certain circumstances, the vendors of Maximum may be entitled to receive further payment in the form of new shares, based on the difference between the average closing mid-market price of Air Music shares for the five business days ending Feb 28 2006 and 8 pence per share.

Maximum owns the exclusive licence to duplicate and distribute certain Jetix titles which include children's brands such as Transformers, Care Bears, Ninja Turtles and Action Man, by way of VHS and DVD in the UK, Channel Islands and Eire.

explosive - 06 Sep 2005 16:19 - 137 of 276

1704 - The deadlock has been broken, I've see around 300K shares today traded at over 6p, highest price so far 6.25 (transaction size 50K). Also SelfTrade show the price as bid 5.75 / offer 6.25 / open 6.00.... Progress at last!!

1704 - 06 Sep 2005 16:31 - 138 of 276


Explosive-Thanks for your posts.

Agree with the points you raised about the Maximum Entertainment
acquisition today. AMU should be able to increase their future
profitability with children's brands such as the Transformers,
Care Bears, Ninja Turtles and Action Man. Sooner or later the
'City' will give this company the rating it deserves and we just
have to remain patient (easier said than done for me at times).

Pleased to that the buying has continued today and shares are
now being bought for over 6p. Hopefully, AMU may get some
coverage in the financial press over the next few days and some
more investors/punters may come on aboard.

1704 - 06 Sep 2005 16:41 - 139 of 276


I'm of the opinion that AMU will be making another
announcement of an acquisition before Xmas. The
acquisition today looks good value when you take
into account what the company paid for the exclusive
liscense rights for all those well known children's brands.
The last acquisition for Redworth Ltd was for 37m and
which makes today's acquisition very small in comparison.
I'm pleased I have decided to hold onto these shares
they could be worth a lot more within the next two years
if profit forecasts are met and the 'City' gives it a fairer
rating of the company's true worth.
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