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Yaw - Fri, 23 Dec 05 :

Grant Mac

Cheers for that realistic and well put together summary.
Fully agree with most of your thoughts but am hoping that
the Xmas trading does not dissapoint and they are able to
achieve the full turnover figures of £64m which has been
forecast by Seymour Pierce. It is the £64m sales forecast
where I am a bit confused because it does not tally with
the cautious statement regarding Xmas trading statement.
I'm not sure why Seymour Pierce did not make a lesser
forecast after the Interims if AMU were not sure how trading
would go after Xmas? With regards to future strategic
acquisitions I agree with you that they should be looking
at buying more businesses along the lines of Maximum
Entertainment to exploit the growing Kids DVD market.
Have a great time in the sun (Grrrrr!)

Well that's me away from my Desk until the 3/01/06 and
looking foward to touching base with all the other posters
on here in the New Year.
Have a good one.

All the Best


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