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Air Music & Media - Growing like Topsy

November 2003

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in  Air Music & Media 8.5p - which distributes value entertainment products such as CDs, DVDs and cassettes have been slow to take off since joining AIM in July 2002 despite completing three very promising acquisitions. Part of the current low rating is explained by the fact that selling budget CDs is perceived as a grubby business; meanwhile, some investors will have memories of Tring, which went into liquidation in 1995, and was also run by chief executive, Mark Frey. But we believe investors are being unduly cautious. Historically, Air Music’s business has been the production and sale of budget priced audio compact discs and cassettes under its Going For a Song budget label. These are typically compilation ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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