Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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

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.

explosive - 06 Sep 2005 17:40 - 140 of 276

1704 - Agree completely with your posts. Yes the aquisition is smaller than previous aquisitions, so yes another one would follow the trend. I have been looking at AMUs different sites both music and film. What puzzels me is that with the current drive to mp3 and mp4 AMU haven't captured the potential of possible electronic sales through download. Over the past year I have seen the drive of both mp3 and media players, the number of systems increases every month.

So far I have only found Going For A Song Ltd which is looking to be able to process online orders due early 2006.

Would you not agree that a electronic distribution aquisition, investment or out-sorcing deal is now required to maximise sales potential?

1704 - 07 Sep 2005 14:26 - 141 of 276


Explosive

Good points you raised in your last post. I've been having
problems with my computer which is why my response has
been delayed.

Like you I would like to see AMU moving into the digital age
to fight off potential future competition and exploit new markets.
Also with the different copyrights its own surely it makes sense
to do so.

All the Best

explosive - 07 Sep 2005 17:05 - 142 of 276

1704 Hi, been real busy today so not much time to check the markets, buys are at 45,149 sells 33,363 and an unknown total of 25,000 (lets hope thats a buy). Volumes not as good as yesterday, Selftrade has bid 5.75 / offer 6.25 / open 6.00.... The share is still 40% down in last 12 months from is position of 10, the company is however stronger and looking better than this time last year as you know.... The momentum must start building soon...

Hope you sort your PC problems out!!

explosive - 07 Sep 2005 18:01 - 143 of 276

1704 - My buy and sells figures were correct!... Just seen a 1.6m sell gone through at 5.25 bringing the price back down. Have no details of who has sold.

1704 - 07 Sep 2005 20:11 - 144 of 276


Explosive

Like you very busy week ontop of the PC problems.
Just looked at the 1.6M 'sell' well spoted. Have you
noticed that it is at the same price that Michael
Infante sold 5m last week. Things are becoming
very interesting.

I'm sure things may become clearer tommorrow.
Not sure I will have access to a PC until
Friday.

All the Best

explosive - 08 Sep 2005 10:32 - 145 of 276

1704 - Really didn't notice the price, well spotted, I'll continue to update the thread with all findings.... Whats the problem with your PC, I currently work for IBM well leave next Friday (start new job) may be able to offer some help.

explosive - 08 Sep 2005 14:09 - 146 of 276

1704 - The more I look at AMUs balance sheet the more I'm convinced that AMU isn't attracting attention and further investment due to the high proportion of debtors held. 11.28m, just over a third of nets assets, cash in hand and in the bank is 3.58m. Debtors in relation to '05 turnover is just over a whopping fifth, why?

wilbs - 08 Sep 2005 14:36 - 147 of 276

Hi all. Not sure if its been posted but there was some new broker research out on the 6th. Heres the link to it. Its in PDF. If you can't access it I will be happy to mail it to anyone.

Wilbs

http://www.hoodlessbrennan.com/CMS_FileCache/HOODLE004_234_1.pdf
Register now or login to post to this thread.