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AMR Armour Grp

3.25
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Armour Group Investors - AMR

Armour Group Investors - AMR

Share Name Share Symbol Market Stock Type
Armour Grp AMR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 3.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
3.25 3.25
more quote information »

Top Investor Posts

Top Posts
Posted at 23/2/2016 12:25 by djgrantb
Not sure if there any many private investors here, but is Virtualstock the takeover in question, time will tell..
Posted at 19/11/2014 12:37 by loverat
BM has been generally woeful for investors imo
Posted at 19/11/2014 12:34 by envirovision
I grant ye that Bob Morton has done very well for himself by woeful I'm talking about investors. That said I see there's more more buying in the background still for what is normally a virtually sleeping pup I just get the impression there is something interesting going on in the background. I should not be surprised to wake up to an RNS one day and find the shareprice opening at 7-10 pence.
Posted at 28/7/2014 10:27 by envirovision
Have not seen these so well bid for quite a while. Clearly either someone is in the know of what deals afoot or investors are starting to get rather excited about the developments on the table here.

Either way can sell 100K at a premium right now. I should not be surprised to be seeing fresh multi year highs at this rate.
Posted at 18/7/2014 09:40 by loverat
I believe it was Bob Morton and colleagues who ripped off investors in RIIG some time back. Still, this may be completely different once the facts are digested.
Posted at 23/5/2014 11:52 by chrisdgb
Let us hope the results give investors a clear steer for the future strategy...
Posted at 12/5/2014 13:29 by chrisdgb
A market/trading update would be nice here, to remind investors of the great position the company is in..
Posted at 23/2/2013 14:23 by loverat
This is the full statement from Armour Group. Still risks as the company is affected by the wider economic climate - but very encouraging nevertheless.

I think this company presents an attractive opportunity for investors and traders alike and it will be interesting to see if the share price moves as it did last year. If so, it will then be fascinating to see whether the share price can sustain the uplift.


22 February 2013

Armour Group plc ("Armour" or the "Group")

AGM Statement

Armour Group plc, the UK's leading consumer electronics group focused on in-car communication and entertainment and home entertainment markets is holding its Annual General Meeting at 12.00 today. George Dexter, Chief Executive, will make the following statement:-

"The new financial year has started encouragingly, with the Group returning to profit at an operating level with gross profit margins improving by over two percentage points and operating costs down a further 15% on a like for like basis. Both the core divisions of Armour Automotive and Armour Home have traded profitably and in line with expectations, with Armour Home delivering a significant improvement on the prior year. In terms of funding, the Group is operating comfortably within its available facilities.

Armour Automotive has made a steady start to the new financial year, with profits broadly in line with last year. A combination of new products and good operational control has positioned the business for a strong second half of the year. In the commercial vehicle market, the new radio platform for agricultural vehicles and our driver monitoring system, which is designed to improve driver safety and fuel economy, are both generating exciting sales prospects. In addition, the recent launch of our second generation of iO branded in-vehicle music streaming and hands free solutions has created opportunities across all our sales channels, both domestically and internationally. Armour Automotive continues to be a strong business and our expectation remains for year on year growth in its operating profits in 2013.

Armour Home has made the single biggest improvement in the Group, returning to profit with a turnaround of over GBP450,000 in its operating performance after the first five months of the year. The business has continued to focus on improving gross profit margins and lowering operating costs, whilst maintaining a steady programme of new products launches. This strategy is working well and the programme of new products scheduled for launch over the coming six months is expected to further consolidate Armour Home's recovery and maintain its return to profitably.

The Group has made good progress over the past year. The return of Armour Home to profit coupled with the continued strong profitability of Armour Automotive, provide firm evidence that the actions taken by the management team to turn the Group around are working. There remains a considerable amount of work to be done in re-establishing the Group's financial performance and whilst the retail facing markets served by the Group remain fragile, there is now some positive economic forecasting for the sector that provides grounds for cautious optimism. The Board believes the Group will continue on its path of recovery and, with its much reduced cost base and improving margins, is well positioned to benefit from any wider upturn in the economic environment.

Further Details:

George Dexter Armour Group PLC Tel: 01892 502700

John Harris

Geoff Nash finnCap Tel: 020 7220 0500

Ben Thompson

Stephen Norcross (broking)

22 February 2013
Posted at 23/2/2013 14:17 by loverat
After some years of mixed fortunes and a declining share price, Armour Group has issued a statement indicating that a recovery is underway in both its Home and Automotive businesses. Costs seem to be under control and a return to profitability on the cards.

A well known company which produces high end entertainment, audio and communications products.

The company is launching new products and receving significant orders for its impressive range.

This thread is for discussion of this company which has been under the radar for a number of years. With improving sentiment and indications of an improvement in trading, investors and traders may see this as a recovery play for 2013 and possibly beyond.
Posted at 26/7/2011 12:08 by callumross
What about the poor investors who took part in the placing at 7p earlier this year!

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