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.

Strong looking TA.



cheers GF.

Last weeks AGM.

Armour Group PLC
10 December 2003




ARMOUR GROUP PLC (THE 'GROUP')

Annual General Meeting

Armour Group plc, the UK market leader in the design and supply of electronic
interconnects and fitting solutions for in-car entertainment/communications and
home hi-fi and entertainment markets is holding its Annual General Meeting at
11.00 today. Bob Morton, Chairman, will make the following statement:-

'The Group has had an excellent 2003. Our trading performance in the year to 31
August 2003 has demonstrated the underlying strength within the Group, in our
brands, our products and also our ability to successfully grow the Group both
organically and by acquisition.

Audio Electronics Division

The Audio Electronics Division has started the new financial year well with
operating profits in the first quarter to 30 November 2003 comfortably ahead of
our expectations and well ahead of last year.

The Veba brand of in-car DVD's, screens and accessories is making good progress
in the professional fit market place offering solutions to customers such as
Fiat, the Hartwell Group, Scania and Halfords, who have now started selling the
Veba range in over 230 of their stores. The new business pipeline for Veba is
very promising and our expectation is for a much bigger contribution from Veba
in 2004.

As the UK market leader in the design, manufacture and supply of telemute leads
that link mobile phone hands free car kits to the in-car entertainment systems,
we have been preparing ourselves for some months for the introduction of the new
legislation banning the use of mobile phones in cars other than in a hands free
car kit. Our build programme has ensured that we have had sufficient stocks of
telemute leads to meet the increased demand for this range of products, which
since the 1 September 2003 has seen sales increase by in excess 30% over the
comparable period last year. This increase in sales is rising month by month,
with the sales figure for November 2003 being 50% up on last year and 50% higher
than October 2003.

The CTI antenna business continues to perform well and is exceeding our
expectations. Its prospects for the current financial year are encouraging with
the introduction of new products, overseas sourcing and the securing of new
customers. In addition, we currently have under test with one of the major
mobile phone network providers in the UK a number of CTI's GSM vehicle mounted
antennas. We are confident as to the outcome of these tests and the ensuing
potential business, which could be significant in terms of CTI's existing sales.

Home Electronics
The acquisitions on 31 October 2003 of Veda, QED, Goldring and IMI to create the
Home Electronics Division were a key step forward for the Group. It has almost
doubled the size of the Group both in terms of sales and operating profits and
we are confident that these acquisitions will be earnings enhancing in current
financial year.

The home hi-fi and entertainment market is set to grow with the continued demand
for home theatre products and development of the emerging home automation
market, where multi-room systems will be a key component. Having acquired some
of the leading UK companies and brands serving the niches of electronic
interconnects and multi-room systems in the home hi-fi and entertainment market,
the Group, through the Home Electronics Division, is well placed to benefit from
this anticipated growth.

In the month since their acquisition, the companies making up the newly formed
Home Electronics Division have all traded in line with our expectations and
ahead of the comparable figures for last year.

The Group remains financially strong, the new financial year has started well
and a good potential new business pipeline further underlines the Board's
confidence with regard to the prospects for the Group'

Further Details:
George Dexter Armour Group PLC Tel: 01892 502700
Trevor Bass Fleet Financial Tel: 020 70670743



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

cheers GF.

Up 4p already and looking good, hope you got a few.

Cheers GF.

A SCSW nap for 2004 in their January edition after making them the main write up in December.

Forecasts were upgraded three times in the last year and its suggested that current forecasts will have to be upgraded again soon.

Got myself a few Monday.

Good luck.

Dil

Well done Dill, will have to put Tenby in these aswell, nudge nudge, wink wink.

Good luck and cheers GF.

I left him a message :-)

Says shes got some. Wise person. think we will get a good week out of these.

cheers Gf.

Profit taking today,so should be up in the morning. Wishfull thinking.

cheers GF

good article in Dec and Jan scsw -
www.scsw.co.uk

anyone have a new forecast yet?

Havent seen one dorothy, but I beleive the company to be way undervalued, especially with the new legilation in force from xmas on driving and mobile phones.

cheers GF

Buys coming in now for this one. Fingers crossed for a good afternoon when it usualy takes off.

cheers GF.

TA looking strong.



Positive Candidate (Medium term) - Jan 20, 2004
Has risen 386% since the bottom on 2 Jul 2002 at 16.50. Is within a rising trend. Continued positive development within the trend channel is indicated. The volume balance is positive and strengthens the stock further in the short term. The stock has support at p 18.00.


Period Vol.bal. Volatility Liquidity +/- %
1 day - 1.32% 7.65 -1.19%
5 days 65.41 4.92% 24.76 +8.08%
22 days 33.80 15.38% 17.81 +22.20%
66 days 21.49 42.53% 23.04 +72.58%

cheers GF.

Still in positive territory despite the poor day for small caps.

cheers Gf.

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.