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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

explosive - 17 Jan 2006 22:50 - 244 of 276

Anyone going to the EGM?

explosive - 25 Jan 2006 21:20 - 245 of 276

SP rose 35% today with the below news, will it continue to do so??? Price is very cheap at the moment but I expect this to change..


Air Music & Media Group PLC
25 January 2006

FOR IMMEDIATE RELEASE 25 JANUARY 2006


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

TRADING UPDATE
Trading in line with expectations

The Board of Air Group, the UK distributor of home entertainment products,
provides shareholders today with a Trading Update.

HIGHLIGHTS:

Christmas sales in line with management expectations;
Confidence in full year results meeting market expectations;
Successful centralisation of UK distribution - anticipated to generate
future overhead savings;
Pilot scheme of retail outlets for Air Group's product range;
Exclusive supply arrangement with Universal Music for selected products;
Group remained comfortably within its banking facilities; and
EGM called for 27 January 2006.

Sales in the critical Christmas trading period were in line with management
expectations. Trading performance in January 2006 has also performed well and,
accordingly, the Directors remain confident that the full year results will meet
market expectations.

The caution the Board expressed in mid-December, regarding the performance of
retail activity, proved relatively unfounded. Sales for the Group were 26.4
million in the quarter to 31 December 2005, compared to 26.1 million on a
comparable basis in the quarter to 31 December 2004. The activity in the
Christmas trading period gives the Board confidence in achieving sales of
between 68-70 million for the year ending 31 March 2006.

The Group completed the successful centralisation of UK distribution through its
100,000 square foot facility in Leyland, during the busiest period of the year
with no disruption to operations. This is anticipated to generate overhead
savings in the next financial year. In addition, in November the Group commenced
a pilot scheme of introducing retail outlets on a discount/value theme selling
from the Group's existing product range. The Group operated six stores in the
North East of England which generated 0.9 million in sales to 31 December 2005.

The Group has recently entered into an exclusive supply arrangement giving it
access to selected Universal Music budget releases which are produced by
Universal exclusively for the Group. These releases, which appear under the
Group's own-label 'United', raise the overall quality of the Group's own-label
products which previously were restricted to superbudget repertoire.

The Group remained comfortably within its banking facilities during the peak
working capital period, and continued to meet scheduled borrowing repayments.
The Directors acknowledge the low market valuation currently placed on the Group
and in the current situation are not pursuing new acquisition opportunities that
would involve the further issue of shares. The Directors are considering
accelerating the repayment of debt during 2006.

The Company has called an EGM for 27 January 2006 at which time the Board will
seek consent for amongst other things a share consolidation and the authority to
buy back Company shares.

--ENDS--

Enquiries:

AIR MUSIC & MEDIA GROUP PLC
John French, Chairman Tel: 078 3672 2482
Alex Sorrell, Finance Director Tel: 01772 455 000

BISHOPSGATE COMMUNICATIONS LIMITED Tel: 020 7430 1600
Dominic Barretto
Maxine Barnes

skyhigh - 25 Jan 2006 21:44 - 246 of 276

Cool ! wished I'd topped up these a few days ago when I went into something else..I thought these were going to stay bombed out... still, at least it's good news at last... onwards and upwards !

explosive - 25 Jan 2006 21:58 - 247 of 276

Skyhigh - Yeah, I bought a few last week and debated over the weekend buying more at the current crazy price.... Always had this will AMU go bust in the back of my head though. The RNS above clearly indicates the company isn't in any difficulty and loooking forward to a move back into happier days!!

explosive - 27 Jan 2006 15:30 - 248 of 276

Air Music & Media Group PLC
27 January 2006

FOR IMMEDIATE RELEASE 27 JANUARY 2006

Air Music & Media Group plc
("Air Group")

RESULT OF EGM


The Board of Air Group announces that at the Company's Extraordinary General
Meeting held earlier today, all the resolutions were duly passed.

Following the EGM, the Company's ordinary shares of 2.5p each will be
consolidated on a 1 for 30 basis into ordinary shares with a nominal value of
75p each, which are expected to commence trading on AIM on Monday 30 January
2006.

John French, Chairman of Air Group, commented: "We are pleased that all
resolutions have been passed and we hope to maintain the faith of our
shareholders with full year results that will meet market expectations. Despite
the caution we expressed in mid-December, sales in the critical Christmas
trading period were in line with management expectations, and trading in January
2006 has also performed well.

"The Group has successfully centralised UK distribution and as a result expects
to generate future overhead savings. It has also entered into an exclusive
supply arrangement giving it access to selected Universal Music budget releases
which are produced by Universal exclusively for the Group.

"These factors give the Board confidence in achieving sales of between
68million and 70million for the year ending 31 March 2006."

--ENDS--

Enquiries:

AIR MUSIC&MEDIA GROUP PLC
John French, Chairman Tel: 078 3672 2482

BISHOPSGATE COMMUNICATIONS LIMITED Tel: 020 7430 1600
Dominic Barretto
Nick Rome

skyhigh - 27 Jan 2006 15:52 - 249 of 276

Good stuff... expected to see another rise in the SP.... maybe have to wait a bit..

explosive - 27 Jan 2006 16:28 - 250 of 276

Yeah I expect so, the 1 for 30 shares should help with a decrease in supply.... Anyway bought a very small number of shares today to round off with the 1 for 30 happening in a few days..

explosive - 07 Feb 2006 18:36 - 251 of 276

SP fall yet again, I wonder if this is a tactic being used by AMU for its buy back? If so at what price, anyone, any ideas?

explosive - 17 Feb 2006 20:54 - 252 of 276

And after a long snooze the share begins to awake!!! Last Saturday when I was shopping for a playstation game for my nephew I noticed that Transformers The Movie was being sold in "UDI" format (the little dvd disc for the psp). I wondered do these disc sales generate AMU profit?

explosive - 23 Feb 2006 19:57 - 253 of 276

Down 54% now, everybody seams to have left the thread and sold out. :-((

I am sticking with this though, turnover is good, profit could be better but at least not a loss.... No reason for the sp to be so low!!

explosive - 04 Apr 2006 19:15 - 254 of 276

Air Music & Media Group PLC
31 March 2006

31 MARCH 2006


Air Music & Media Group plc

("Air Group" or "the Group")

BOARD REORGANISATION

Air Group, the UK distributor of home entertainment products, announces today a
reorganisation of the Group's Board structure, to create a more focused
approach, which will come into effect on 3 April 2006.

The Board is pleased to announce the appointment of Mark Frey as Non-Executive
Chairman (formerly Joint CEO), Trevor Allan as CEO (formerly Joint CEO) and John
French as Non-Executive Director (formerly Non-Executive Chairman) of Air Group,
effective from 3 April 2006.

Mark Frey, will become Non-Executive Chairman, having held the position of Joint
CEO. Mark is a founding director of Air Group, where he has focused on
acquisitions and product development, and brings with him a demonstrable 20 year
track record in the sector. Mark will communicate the Group's strategy
differentials and investment strengths to both current and future investors.

Trevor Allan will take up the sole role of CEO. Trevor has held the role of
Joint Chief Executive since July 2005. He has more than 20 years of experience
in the business of selling music and DVD products.

Alex Sorrell's position remains unchanged and will continue as Finance Director.

Roger Putnam has notified the Board that he will be stepping down from his role
as Non-Executive Director on 30 June 2006. The Board would like to thank Roger
for his support and efforts to date, wish him well in the future, and will be
seeking a replacement Non-Executive Director in due course.

At the time of the Group's December Interims, the Company announced that it had
been advised by John French of his intention to step down as Non-Executive
Chairman. This will become effective from 3 April 2006. John French has agreed
to continue as a Non-Executive Director until 30 June 2006.

John French was appointed Non-Executive Chairman in November 2001 and was
responsible for leading the Group into the quoted company sector, including an
introduction to Ofex and subsequently to AIM. The Board has expressed their
appreciation of his contribution.

At the time of the Group's January Trading update, the Board announced that
Sales in the critical Christmas trading period were in line with management
expectations. Trading performance since January 2006 has continued in line with
management expectations and, accordingly, the Directors remain confident that
the full year results will meet market expectations.

--ENDS--

Bishopgate communications, what a laugh have yet to see anything from them....

goal - 06 Jul 2006 17:06 - 255 of 276

Air Music & Media Group PLC
06 July 2006

6 JULY 2006


Air Music & Media Group plc
('Air Group')

Update re: Results Date


Following the recent appointment of Mr. Peter Cowgill, as Non Executive
Chairman, Air Group will be announcing its Final Results for the year ended 31
March 2006 on Thursday 10 August 2006.


--ENDS

skyhigh - 06 Jul 2006 18:03 - 256 of 276

Hope the results are worth waiting for... and... that if the results are good that the sp goes up and not down!

explosive - 07 Jul 2006 19:27 - 257 of 276

Ended up selling my shares, this company seams behind the times in everything its doing, no new contracts and technology is falling behind. Only one way the sp is going!!

goal - 10 Aug 2006 13:19 - 258 of 276

Air Music & Media FY pretax pre-ex 4.8 mln stg vs 3.9 mln
AFX


LONDON (AFX) - Air Music & Media Group PLC reported profit before tax, exceptional items and goodwill of 4.8 mln stg for the full year to March 31, from 3.9 mln stg last time.

Sales rose to 72.3 mln stg, from 49.8 mln.

The company said the current financial year is on course to match that sales performance, based on first-quarter numbers, despite 'difficult' retail conditions.

Chairman Peter Cowgill said: 'The board believes that Air Group's core business is well placed to enhance profitability by expanding its customer base and product offering.'

Pretax earnings after goodwill and exceptionals came to 0.9 mln stg, against 0.8 mln a year before.

newsdesk@afxnews.com

abr

goal - 11 Aug 2006 09:36 - 259 of 276

UK smallcap opening - Air Music & Media better in wake of yesterday's FY results
AFX


LONDON (AFX) - Buyers belatedly piled into Air Music & Media, 8-1/2 pence better at 81, in the wake of yesterday's solid full-year numbers and an upgrade by Seymour Pierce to 'outperform' from 'hold'.

Elsewhere, Granby Oil and Gas picked up 4-1/2, at 87-1/2 following news that the company is raising 9.0 mln stg before expenses in a placing to accelerate development and exploration programmes.

The oil and gas exploration and production company, with interests in the UK North Sea and the Philippines, is placing 10.7 mln ordinary shares at 84 pence per share with certain institutional and other investors, including directors.

newsdesk@afxnews.com

fjb/vjt



COPYRIGHT

someuwin - 03 Sep 2006 21:14 - 260 of 276

Due a re-rating. Should move up soon. Very low P/E!

explosive - 05 Sep 2006 22:15 - 261 of 276

Believe it when I see it.....

someuwin - 17 Oct 2006 22:41 - 262 of 276

2006 Annual Report on the website now (makes a good read)
http://www.airmusicandmedia.com/
click on 'investors'.

AGM tomorrow might help to ignite this share. Still way undervalued with EPS estimated at 30p and SP of only 94p!

goal - 18 Oct 2006 16:09 - 263 of 276

Air Music & Media says trading satisfactory, in line with expectations
AFX


LONDON (AFX) - Air Music & Media Group PLC, a distributor of home entertainment products, said its trading in the year to date has been satisfactory and in line with expectations.

Chairman Peter Cowgill said at the annual general meeting today: 'The board recognises the significance of the Christmas trading period to the full year results and expects to provide a further trading update at the end of January 2007.'

newsdesk@afxnews.com

gp



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