What Does It Do.

Basically has three main sales Divisions, but its main business is supplying electronic and fitting solutions for the in car entertainment market, this division dominated by autoleads, which provides a range of cellular leads.

The second division is the Audio Electronics Division, and is dominated by VEBA which is developing a range of in car flat panel monitors and DVD players.

The third sales division is the home hi- fi market, the company produces top of the range interconnects as well as in multi-room systems.

Management

The current CEO George Dexter has put together a fairly new and ambitious management team which includes Bob Morton as non- executive chairman.

Acquisitions

In October the company bought 4 companies involved in the design, manufacture and supply of products to the specialist hi-fi, home theatre and entertainment markets.

The businesse were, Veda, Imi, Goldring and Qed, bought for around 12.5 milion and which should significantly increase growth within the company added to the existing brands.

Veba, is the jewel amongst these and focuses on the in-car audiovisual market and produces plug in and play equipment.

New Legislation.

From the 1st of December last year. it became an offence to use a hand held mobile phone while driving. The autoleads division supply cellular smart leads for linking hands free kits to the audio system, and enables the phone to be powered by the radio thus not invalidating a vehicle warranty and has safety benefits like muting the the radio when the phone rings.

It should all add up to extra sales for the division.

Broker Forecasts.

Forecasts from broker Peel hunt are as follows.

end8/2003 EPS/PER
2.7 20.3 Actual

end8/2004 3.8 14.5 Estimated

end8/2005 4.4 12.5 Estimated.

I really think these figures for 2004 are very conservative indeed, and should be beaten.

Shares in issue 52.6 million.

Medium to long term Buy.

cheers GF.

Please DYOR and you are responsible for the timing and selling of your shares.

Come on armour we want a good day out of you.

cheers Gf.

A small rise today but nothing much yet. Cant understand it. People just not aware of the potential of this one.

cheers GF.

Patience GF! Tends to pause for breath every 20p or so! 20p 40p 60p 80p! A week or two and 100p+ I hope!

Well that means its up for 100p in the morning Hawick, good stuff.

cheers GF.

Well it didnt rise that much Hawick but it did go north, plenty wednesday.

cheers GF.

Nice to see it on the Institutions map..................

Armour Group PLC
12 February 2004


SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company - Armour Group plc


2) Name of shareholder having a major interest - Fleming Mercantile Investment
Trust Plc (Chase Nominees Limited)

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18 - as in 2 above


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them - Chase Nominees Limited


5) Number of shares/amount of stock acquired - 1,500,000


6) Percentage of issued class - 2.85%


7) Number of shares/amount of stock disposed


8) Percentage of issued class


9) Class of security - ordinary shares


10) Date of transaction - not known


11) Date company informed - 9 February 2004


12) Total holding following this notification - 3,001,832 shares


13) Total percentage holding of issued class following this notification - 5.7%


14) Any additional information

15) Name of contact and telephone number for queries - David Wright 01892 502700


16) Name and signature of authorised company official responsible for
making this notification - David Wright, Company Secretary

Date of notification 12 February 2004


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

cheers GF.

Patience is a virtue ... whatever that means.

New high ?

Lovely!
Armour Group plc's ('Armour') Auto Electronics Division has secured its largest
ever order following an agreement with Hyundai Car (UK) Limited ('Hyundai') to
supply its VEBA in-car entertainment equipment for four Hyundai models, the
Terracan, the Matrix, the Santa Fe and the Trajet. The integrated solutions have
been designed on a model specific basis for the United Kingdom market and
include DVD players, infra-red headphones and TFT screens which are either
headrest or roof mounted. The new systems will be launched by Hyundai at the
beginning of May 2004 and will be on display at the Birmingham Motor Show. The
initial order received from Hyundai is in excess of 400,000 and it is expected
that it will be fully delivered in the current financial year.

George Dexter, Armour's Chief Executive, commented:

'This is a significant order for the Group and our Auto Electronics Division. It
follows five months of working closely with Hyundai in developing the right
product solutions and represents another important step forward in consolidating
the position of the Group's VEBA brand as one of the market leaders in the
professional fit end of the in-car entertainment market.'

Fantastic deal, I expect Broker updates now and financial press coversge.

cheers GF.

Keep this one on the radar.

cheers GF.

Started positively this morning.

cheers GF.

Armour Group are the featured Stockwatch share in Saturday's Times."well placed to take advantage of the ban on using mobile phones while driving....the shares have been rising steadily since June of last year, when it put out a trading statement predicting takings well ahead of expectations". Good bit of coverage for a good share.

Is this a competitor for CUC? They are slipping back and I was tempted until I saw this thread---is AMR a better bet?

At the moment I would say yes moneyplus. Not that Centurion is a really a bad one, ist just that the financial press seem to be giving centurion an hard time since the unfortunate death of the ceo.

Armour have a few more specialist areas aswell. I may go back into centurion but armour is the one I favour at the moment.

cheers GF.

Well these didnt get hammered today like most so I suppose you can say thats a positive even though they didnt go up in price.

cheers Gf.

Watch out for upgrades on this one.

cheers Gf.

Right on cue...... dont ask.

Armour Group PLC
04 March 2004


Armour Group plc ('Armour')

Trading Statement

Armour is pleased to report that the Group has traded comfortably above
expectations in the six months to 29 February 2004. The trading performance in
the first six months benefited from improved gross margins through better
product mix, strong sales growth from in-car cellular products and lower than
expected operating costs.

On a divisional basis, the Auto Electronics Division has continued to outperform
its targets and the new Home Electronics Division has made a significant
contribution in its first four months in the Group.

The Board anticipates securing further significant new business and looks
forward to the second half of the year with confidence.


04 March 2004

Further Details:

George Dexter Armour Group PLC Tel: 01892 502700
John Harris

Trevor Bass WSSM Tel: 020 7067 0743


cheers GF.

ps, starting to move north nicely.

And further speculation...........

Armour rumours


MEANWHILE, Bob Morton can also look forward to some increasing benefits from another of his investment vehicles, Armour Group, the car and home audio equipment provider.


In a trading statement, chief executive George Dexter says the company has 'traded comfortably above expectations in the six months to February 29 and the board anticipates securing further significant new business and looks forward to the second half of the year with confidence.'


Word has it that the group has nailed a major contract with a major German vehicle maker, believed to be BMW, although nobody from the company will confirm this.

cheers GF.

And some more news today.......

Times today :-
'Armour, which is listed on the Alternative Investment Market, eased 2p to 81.5p, despite word that strong trading at its auto electronics division may prompt KBC Peel Hunt, house broker, to raise forecasts. It expects 3.5p of earnings for the year to August 31. However, after last month's 400,000 Hyundai contract win, Armour is said to have secured large orders from BMW and Bentley.'

cheers GF.

If and when these contracts are reported we could see this one really well marked up.