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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Air Music&Media | AMU | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 52.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 52.50 |
| Top Posts |
|---|
Posted at 17/10/2008 11:29 by goonertone Sort of AMU sorry MUBL related.Has anyone else noticed the phenomenon of the missing MM's. A couple seemed to have got lost on the way between AMU and MUBL and on another stock I follow ASE one of the MM's went missing around the same time. Is it just coincidence or is it happening on other stocks? GT |
Posted at 16/9/2008 22:57 by davidosh 8Trader....If you attend then you will have the chance to assess management, see the company sites and HQ and also get a better feel for the company and the business itsel. More importantly though it is the opportunity to show support and question strategy or simply try to find out why the market has valued AMU so lowly for the last two years.I would suggest a number of investors have stayed clear because the business did not appear to have growth potential or do not like the very large director remuneration compared to the market cap and other ratios. It may also be the lack of dividend for shareholders so that they can share in this return from profits. I intend to find out more and ensure that shareholders see a return from here. That will also encourage future potential buyers and holders and so increase the share price and capital returns from this low base. I think all shareholders should try to show their support by attending as II do not want another year of low share price, no dividends and 60% increase in director remuneration. It is not always the markets...there can be an underlying reason. |
Posted at 16/9/2008 22:20 by 8trader I would like to attend but then it's a long way away and there's others who can post what happened here so why make the effort as i dont have any real issues with Amu, it's the markets that have made Amu's price so low in recent years and not the managements efforts. |
Posted at 10/9/2008 16:58 by 8trader I'm still here David, while the price is unchanged and inbetweenresults there's not much more we can add at the moment, i can exhaust the fact that Amu is probably the cheapest or best value stock out there at the moment...well actually i already have several times so now is the crucial patient time where we find out if Amu transforms to a cash cow now that debt has been eliminated. In this dire market i feel these type of stocks are the only ones to invest in, they have to be profitable, debt free, cash generative and on low multiples, i'm sure there quite a list that have cropped up since the bear Aim market but for me the best value i currently see is Amu, Tnd, Fts,Hdt and Netd, all 5 seem to fit the bill well, whilst they may not be hitting new highs at least they are not falling either and that is half the battle in this market along with avoiding a delisting which seems to be the new Aim fashion for cash strapped loss making stocks. ps...anymore like them ? |
Posted at 29/7/2008 18:53 by 8trader David.Never used Motley Fool, i do find that website a bit of a minefield although the quality of posts when pasted over here do seem a lot better and there's nothing i can add that the poster would not already know. We have our own accounts expert here who holds a lot of Amu and that's tanners but he's a busy chap but he pops in now and again, i think he was like me and friends in what is the point of holding everything else when Amu is so cheap but the simple of logic of not putting all your eggs in one basket stops us from going 100% in Amu just in case. Goonertone. From memory and a quick glimpse on the chart support is around 55-57p and resistance is around 70p, been a while since it broke 80p apart from the brief spike on results last year, going to be difficult but a slow and steady rise will be better than spikes on results because they never sustain. I'm sure Amu will have something lined up for the end of the year in way of a acquisition or a nice dividend payout, just a little bit of patience is required. |
Posted at 26/7/2008 14:01 by davidosh A dividend around 40% of earnings as most companies give to their shareholders would be fine. That would equate to 8p initially and a mega dividend yield. However if they want progressive it would probably be better to start slightly lower at say 6p and add a penny every year. If eps goes up then a % divi payment has to automatically be higher. Progressive suggests a bigger % each year though I guess. Lets face it though a near 10% yield would make investment here an interesting proposition for income funds and investors |
Posted at 24/7/2008 11:24 by 8trader I'm sure one day that same herd will be chasing up Amu when it breaks100p and 150p ! All Amu has to do is maintain the turnover and margins and with the strong cashflow all it will need is another 18 months to reach the market cap in cash, 18 months is a long time of course but Amu seem to doing everything fine while others struggle and for every smaller retailer that closes due to the credit crunch etc it leaves more for those who survive. |
Posted at 09/7/2008 14:15 by edmundshaw Well, an interim dividend of around 1.5p to 2p should be achievable from cash quite easily, assuming the restructuring can be voted on in good time; the next final dividend would not need to be announced till next year, with payment in, perhaps, September. So plenty of time to look at 2008 Xmas trading and subsequent share price, decide on the level of dividend. From that point of view, the reply by Alex Sorrell does not conflict with the chairman's statement...Personally, I'd like to see a special dividend to current holders, but that may conflict with cash requirements unless the insurance situation improves. But, given continued good trading, a 5p or 6p full year dividend would be easily affordable and might be a good level to start with (and with some kind of share price rerating, that would represent a sensible yield that would reward shareholders and support the sp). |
Posted at 09/7/2008 08:04 by goonertone Edmundi'm not sure that its thats complicated. Dividends can only be paid out of retained profits therefore due to the write off's AMU's retained profits are -£7m. However they have a share premium account of £21m which they can't use therefore they can apply to the court to have the share premium account cancelled and transferred to distributable reserves this would cancel the negative reteined profit/loss account and allow future earnings to be paid out as dividends. This would require an EGM and the consent of shareholders and they would need to show the court that the balance sheet structure currently is not a true reflection of the companies current position and that the company could pay dividends if the restructuring took place ie they cant just do it if they are loss making in order to continue paying dividends. They could enhance this by doing a complete write off of the share premium account transfer say £16m to reserves and allocate £5 mill to a special dividend of approx 30p cashflow permitting. |
Posted at 02/6/2008 22:34 by 8trader The strange thing is these bid talks have actually stopped the pricefrom trading higher, nobody wants to buy Amu for fear that bid talks will fail and the price drop, again the shareprice might actually close higher or get higher very quickly if they terminate the bid talks as then all the usual traders of Amu will pile back in, the mm's would drop the price on the news but i doubt anybody will actually sell any stock so the price would rebound sharply to unchanged or maybe higher as results are just over 1 month away and Amu usually does extremely well on results day when everybody sees all those fancy profits and eps next to a low market cap. I wont be alone in watching this just in case it dips to pick up a bargain that will last maybe 5-10 mins. Of course trading has to hold up but i'm confident that Amu are delivering still but please do your own research. |
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