peeyam
- 05 Dec 2005 14:29
Air Music & Media Group plc
('Air Group')
NOTICE OF INTERIM RESULTS
The Board of Air Group, the UK distributor of home entertainment products,
announces that it will be releasing its Interim Results for the six months ended
30 September 2005, on Monday 12 December 2005.
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Any ideas on this share?
1704
- 09 Dec 2005 18:07
- 8 of 8
Evening All
Expecting to see some good interim figures on Monday
taking into the account the tough conditions in the retail
sector. I'm expecting the figures to come more-or-less
in line with broker forecasts.
I have read on various other discussion forums that AMU
is in financial trouble and about to go bust. Don't make me
laugth. I visted the Distribution Centre in October 2005 with
another shareholder and spent a few hours talking with the
Redworth Directors.
It is not the business I am worried about it is the shares. Today
between 8am-4pm there were a series of 'buys' (albeit not really
large volumes) however, the share price did not move. However,
we have seen for months that a few 'sells' of even 20k will send
the share price down. At the end of today as usual the price spread
widened. I stated earlier this week that I would not be buying anymore
of these shares because of the behaviour of the MMs and I mean it.
Ordinary small investors do not stand a chance of making a profit
from these shares because of their behaviour. It was only when
the price spread was narrowed to .25p that we saw any decent
volume of buying this week. The consistent wide price spread is
the main reason we have not seen the share price move upwards
this week ahead of the results.
All the Best