Gear4music (holdings) Share Discussion Threads

[flyposter] 18/10/2016 11:31

Piled into this earlier this morning, what a wonderful day!

[johnyee 7] 18/10/2016 10:52

paying over the odds now,blast off soon.

[johnyee 7] 18/10/2016 10:43

panmure raises target price to £4

[shauney2] 18/10/2016 10:42

If Key Capital were the sellers,well done to them for selling into very strong results.
Its given some new buyers a chance and holders to top up.A win win win.

[fruitninja84] 18/10/2016 10:38

That rise!! 'Twas an inevitability all imo. Merry Xmas folks look forward to that January update ...

[alphabeta4] 18/10/2016 10:36

Thanks KCR - unfortunately it doesn't extend to lottery numbers!

Over 4m volume so far, 20m shares in issue. Either there's some double counting in there (I'm assuming this is possible off worked trades?) or that's over 20% of the company!

[allstar4eva] 18/10/2016 10:25

Thanks seller:-)

[someuwin] 18/10/2016 10:25

Here we go!

[zho] 18/10/2016 10:23

Some huge late trades now showing. One for 2m shares - that's 10% of the Company, right? - and three of half a million shares.

[bigbigdave] 18/10/2016 10:22

Monster trades, seller done.

[little minx] 18/10/2016 10:16

And they do it to get the price dropped to buy

[kcr69] 18/10/2016 10:09

Many thanks for that flyposter.

Each to their own, but for me the latest Edison note, while being an upgrade, is ridiculously conservative, bordering on predicting a disaster in the UK or a huge fall off in running rate in Europe, which post the referendum is apparently running at 240%.

For a full year revenue of only £55.9m, and if Europe delivered in line with its first half of 170%, it would mean the UK delivering a second half of just 1.1% growth. If Europe continued at its current rate of 240% in H2 it would mean the UK would need to deliver a 27% decrease in H2 to get back to £55.9m. Finally if Europe only delivered a 100% increase in H2 (less than half current running rate), it would mean the UK delivering 28.5% off a 44% running rate in H1.

As I say each to their own, however whichever way you spin it, the latest update from Edison is in line with previous updates, overly conservative, and to my thinking slightly worthless as investment advice, particularly given the outlook momentum stated by the management team in the interims. Just my opinion obviously.

[little minx] 18/10/2016 09:51

Struggling to buy suggests they are working a buy orderIt's so confusing

[imranawan] 18/10/2016 09:47

Was an Edison note issued this am for G4M? I've just visited their website and could only see a note they issued in May.

[cbootle] 18/10/2016 09:43

Guess this is called "selling into a rising market". If you've got a lot of shares to sell, it can be difficult to do so into an illiquid market without depressing the price. So they've waited for good news, when there's plenty of buyers. If there's still buyers when the large block of shares runs out, the price will rise.

I couldn't get 100 shares on the immediate market but topped up 3k with a limit-order.

[kcr69] 18/10/2016 09:41

Alphabeta4

Made me chuckle. On Hargreaves Lansdowne they are offering £3.10 for anything up to 1100 shares and then marginally lower prices down to £3.08 for 7500. Haven't been able to get an online quote to buy anything over 100 all morning. Definitely a day for patience.

[alphabeta4] 18/10/2016 09:26

I predict the next trade will be at £3.10 ;)

[ali47fish] 18/10/2016 09:24

thank you very much fruit- mystery solved i wish all shares that report ahead are similar allowing us to buy at a lower price-great!

[larva] 18/10/2016 09:16

big big has sold after ramping

[little minx] 18/10/2016 09:05

But why can you sell and buy at same priceThat doesn't really say overhang or does it?

[allstar4eva] 18/10/2016 09:00

Stock overhang is great new foe those wanting to buy/add ;-)

[kcr69] 18/10/2016 08:57

jpsmithson

Fully agree with your thoughts. My guess is that Key Capital partners are offloading more and have been for the past few weeks. No issue with that, at the end of the day they are a private equity company with their own targets and requirements. Just a little frustrating to have to wait a little longer for reality to emerge.