http://www.mblgroup.co.uk/Business Financial Newswire
MBL, the AIM listed distributor of home entertainment products, has increased profit before tax by 42.1% to 8.1m in the year ended 31 March 2009.

Revenue powered ahead to 143.6m, a 77.5% jump on the previous year.

EPS increased to 34.3p a share and there is a proposed dividend of 6p per share.

The company remains debt free with cash balances of 2.6m at 31 March 2009.

MBL has benefited from the demise of one of their key competitors in November 2008.

Peter Cowgill, Non-Executive Chairman, added: 'We have recently signed an exclusive three year contract with Morrisons plc, further strengthening our market position.

We remain cautious in the current climate, but are optimistic we will be able to report positive interim results.'



Story provided by Business Financial Newswire

Interesting little company (Previously known as Air Music & Media):
Market Cap 27m
Revenue to Mar '09 143m
Pre tax prof 8.1m
EPS 34.3p
P/E 2.4
Div 6p
Yield 7.2%


Key Personnel
CEO: Trevor Allan
Chairman: F John French
Group Finance Director: Lisa Clarke
Non-Executive Dir: Nicholas Fisher
Contact Details
Address: Unit 9; Enterprise Court, Lancashire Enterprise Business Park, Centurion Way, Leyland, Lancashire PR26 6TZ
Website: http://www.mblgroup.co.uk/
Listings
Sector: Leisure Goods(LSE)
Index: FTSE AIM All-Share
ISIN: GB00B0W48T45

Currently a buy rating from seymour Pierce.

MBL Group to outperform market expectation
Business Financial Newswire
Distributor of home entertainment products, MBL Group reports that sales for the current financial year are signficantly ahead of the level achieved for the same period last year.

The Board says that it is is optimistic about the performance of the Group as it heads into its most significant trading period of the year. The expectation is that the Group will outperform market forcasts.

Chairman Peter Cowgill says:'I am also delighted to announce that following a retention payment the Group has secured the services of Trevor Allan for a period of three years.

'In view of the fact that we are unable to incentivise Trevor with a share option scheme because his existing shareholding could mean that this would trigger a bid for the company, the Group has also entered into a challenging performance related three year bonus agreement with Trevor.'
looking good to me.

One could argue the "Trevor" situation over and over again but the fact is this guys delivers and delivers well, he has turned this company from a 5 mil a year profits with 15 mil debt 5 years ago into a company with no debt, with cash in the bank, making 8 mil on last reports, with sales surging even with the usual low margins profits should now be no less than 10 million, this is a 30 mil company and it's going to make around 10 mil profit and has no debt, it should be re-rated at some point, it will never have a fancy rating but would 60 mil be expensive valuation of a company making 10 mil, hardly yet that would give over a 300p shareprice, current price 173p to buy dyor.

This was posted on another bulletin board that's worth reading. http://boards.fool.co.uk/Message.asp?mid=11703453

MBL Group plc

("MBL" or "the Group")
MBL Group signs contract to supply best buy's uk stores
ply best buy's uk stores
The Board of MBL Group plc, the UK distributor of home entertainment products, is pleased to announce that it has signed a new contract with Best Buy for the exclusive supply of its DVDs, BluRays and CDs. The contract is for an initial period of 12 months with the potential to extend for a further 12 months.

Best Buy is set to open its first UK store in Spring 2010 with further store openings to follow later in the year.

Best Buy's reputation and passion for retailing music and movies make its imminent arrival in the UK a particularly exciting prospect for the industry.

MBL has responded positively to the changes in the market place this year and the demise of Entertainment UK. MBL is growing its business fast and Best Buy is the latest partner in its expanding portfolio of customers.

Trevor Allan, MBL's CEO said:
"We are delighted to be working closely with Best Buy. Over the coming months, Best Buy and MBL will be working with the industry to share plans and explore future opportunities."

Interims are due on 10 December.
Prospective P/E of around 4 for the full year.
Look very cheap (am I missing something ?)

MBL Group first-half PBT rises 39% to 3.2m
http://www.investegate.co.uk/Article.aspx?id=200912100700358803D

Shares in MBL Group (MUBL.L) gain 7.7 percent after the distributor of home entertainment products posts results which Seymour Pierce says are again very strong, with the broker lifting its forecasts for the company.
MBL unveils a 39 percent increase in pretax profit to 3.2 million pounds for the six months to end-September, which compares to Seymour Pierce's forecast of 3 million, on sales up by 124 percent to 78.2 million pounds. [ID:nRSJ8803Da]

The broker raises its 2009/10 pretax profit forecast to 8.8 million pounds from 8.1 million, taking EPS to 36.4 pence from 33.5, and makes similar revisions to its subsequent year forecasts.

"The stock has been trading at current levels over the last six months despite two recent upgrades to projections and is now looking significantly undervalued," Seymour Pierce says in a note, repeating its "buy" rating on the company.

Reuters Messaging rm://tricia.wright1.reuters.com@reuters.net

One of the best value stocks on the market.

This is valued at the same price as advfn, one will make 10million profits, the other will make 1 million, one will issue new shares like confetti, the other has no debt.

Take your pick.

Home entertainment distributor MBL Group says sales were up 30.1% to 84.8m for the three months to 31 December.

In its Q3 trading update, the company said its Distribution division, which services general retailers, experienced a comparative increase in sales due to the annualising of new business acquired in late 2008.

Distribution sales rose 28.5% to 79.8m, consistent with the first-half performance.

Wholesale sales of 5.0m showed an increase of 61.3%. Windsong International, acquired early in 2009, delivered an acceptable sales performance while ESD Wholesale was marginally ahead.

Gross margins levels were maintained and were consistent with the half-year.

During the period the group announced a contract to supply Best Buy and the acquisition of Global Media Vault.

The company said that it was confident that the outcome for the full year to 31 March would meet market expectations.


Story provided by Business Financial Newswire

2 February 2010
MBL Group plc
("MBL" or "the Group")
MBL Group signs contract to supply WH SMITH stores
The Board of MBL Group plc, the UK distributor of home entertainment products, is pleased to announce that it has signed a new contract with WH Smith for the supply of DVD and BluRay formats to its high street stores. WH Smith currently retails DVD and BluRay in 448 of these stores. The contract runs through to 2012.

Today's free share tip is a small cap growth stock but not a penny share. Here is the non technical analysis of why the share price will go up! MBL is consolidating the electronic entertainment distribution market in the wake of the tsunami dealt out to the sector following the collapse of Woolworths et al that sent many of MBL's competitors down the pan. The firm continues to win major contracts with retailers, prompting regular earnings upgrades; its balance sheet is in tip top condition, with forecast net cash of c.GBP5 million; and it is expanding into new mediums, most recently through the acquisition of Global Media Vault. The shares remain too cheap, trading on a PE of under 5.
...I am confident that the company's expertise in helping its customers market their electronic entertainment products is a key differentiator for MBL, and I'm sure we'll see the firm win more contracts throughout 2010, prompting further earnings upgrades. The shares remain a buy, at 178p

www.uk-analyst.com

Terrible chart and loss of Morrison business today.