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.

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?

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!!

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....

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

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

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!!

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

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

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

Believe it when I see it.....

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!

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



COPYRIGHT



Copyright AFX News Limited 2006. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.



AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited

Excellent results.
No debt. cash flowing, p/e of 3.
Despire sector gloom, should reach 1 in short order.

stunning value, fill yer boots.

Profit of 4.7 million of turnover of 64 million. And Market cap of only 10 Million

blimey, how cheap are these????????!!!!!!!!!!

Just bought some but what a struggle the dealer said.

Think I need to update the header, rather out of date now, must admit I'd forgotten all about them :)

pth

"over on the junior market Air Music & Media put on 19.5p after reporting underlying profits of 4.7 million. Dealers noted the company had a value of just 13.5 million giving rise to the possiblity of a substantial re-rating."

Must say the sp has taken a swift nose dive in recent, interesting one.

"Air Music & Media Group may have moved from a small profit to a 1.5 million pretax loss in a year, but the business appears to have turned a corner. The company has repaid 5.7 million of borrowings early, eliminating its net debts, which last year stood at 6.4 million. Strong cash generation is coming from the core business. The shares jumped 19p to 78p, a rise of 33 per cent."

http://boards.fool.co.uk/Message.asp?mid=10618325