Immedia Broadcasting plc (IME)

I have held this share for some time now. 17 Dec 2005. At long last it has started to show some upward trend. This last week alone the share price has moved up on the 27 by 8.89% the 28 by 20.41%. with some profit taking on the 29, holding the price on the 30. trading at 24.5p.

I will now start to track the company and find out more background information....As I see it a new contract has started the ball rolling......

Profile

Immedia Broadcasting plc was incorporated in October 2003 and achieved a listing on the AIM of the London Stock Exchange in December of the same year.

The main business activity of the Group is the design and operation of in store radio stations. The radio stations broadcast a selection of music with the intension of satisfying the demographic and anticipated mood of the relevant audiences, mixed with live presenters delivering humour, information, trivia and news specifically targeted at the consumer and the retailer.

At the close of the markets last night the shares closed at 28.5p with an up trend.

I borght Immedia Broadcasting shares at 114.63p they now stand at 23.5p so I am way out of pocket.

The only thing I can say is that I will have to hold on to the share for some time to even get my money back.

However my loss is someones gain as the price must give a buying opportunity,

Any one bought in of late? Has any one got any news on the company that they can report for others to view?

Happy Easter to you all.

Immedia Broadcasting plc

The prospects for the current year are good for Immedia, the Company is winning new business, and the profit margin is growing.

The shares closed last night at 21p showing an up trend.

Click onto www.shareclubuk.co.uk. the site has good news and share price updates on Immedia Brocasting plc