Gear4music (holdings) Share Discussion Threads

[lufc5] 20/10/2016 00:26

Anybody still in from sub £1.40, as I am? Bought in on 31st July....after extensive research. The bb was dead then. You lot just buy on the rise. GL though. It's best to buy before. Happy days.

My next one looks primed for a substantial re-rate within the coming Weeks/months. Pre Xmas are when the next results will be announced. My prediction?......a certain 1-2 bagger over the next few months. Any guesses so far?

Better than putting ya hard earned in the vault,.....earning less than 0.2% gross.

[bamboo2] 19/10/2016 22:01

kc, chart patterns are formed by trendlines. We often see recurring patterns and where these can be identified, they can be subject to interpretation based upon previous statistical experience with their outcomes. It's been noted by the likes of Frost and Prechter [Elliot Wave etc] that Triangle apexes are associated with turns in share price Bulkowski has backtested the theory and suggests that this phenomenon has an approx 60% chance. Bulkowski's article explains...



This is the G4M chart, the apexes are marked in red. It'll be interesting to see if they have any effect. btw I am positive about this stock and have a chart target around 390.

[saucepan] 19/10/2016 19:16

Paul: thanks from me for your excellent analysis of G4M; much appreciated.

[paulypilot] 19/10/2016 19:13

Hi,

Sorry I seem to have inadvertently caused some confusion.

To clarify, I'm meeting G4M management tomorrow, at Panmures offices. Happy to give some feedback here afterwards.

As a separate thing, I'm trying to organise a telephone interview with G4M for my website QualitySmallCaps.co.uk - but this has not been arranged yet, as I'm still waiting for a reply from the company's advisers.


Regards, Paul. (long G4M)

[bigbigdave] 19/10/2016 19:00

Know where you are coming from Saucy, anyway we are holding G4M and KWS and they are not at the moment!! (no subscription atm here either)

[saucepan] 19/10/2016 18:50

Subscription monthly newsletter (tip sheet) Small Company Sharewatch. I personally do not subscribe (as I am underwhelmed by its track record) but it has a big following.

[kcr69] 19/10/2016 18:49

bigbigdave - what's SCSW...and on Guy Fawks night of all things?

[saucepan] 19/10/2016 18:47

You have more faith than me then, bbd; they have not even caught up yet with comparable gem KWS.

[bigbigdave] 19/10/2016 18:42

SCSW on Nov 5th. Unlikely for them to miss such stellar growth.

[battlebus2] 19/10/2016 18:34

Should get a mention in a few mags.

[kcr69] 19/10/2016 18:31

Most certainly interested Bamboo2, but it will need to be accompanied by "triangles and wedges" for dummies if I am to make any sense of it. I am a simple person, numbers, facts and and an abacus along with all the soft touchy stuff for me, but genuinely interested.

Fruitninja84. I think you raise a genuine possibility and I have never tried to understand the vagaries of certain movements of day to day trading. Three things that give me confidence that you are 100% correct re speed of buy back if any sharp retrace does occur are;

1. The story is genuinely getting better and better, at least for now and based on the RNS.

2. The forward valuations are genuinely so modest it is becoming silly, given the stellar business performance and strength of the sector.

3. With nearly 33% of shares changing hands over the last two days (and virtually certainly into institutional funds), that is one huge amount of support suddenly on board, particularly given a further 45% - 50% is (to our knowledge) still in the CEO's, directors and other institutions hands (although there has to be a chance the CEO offloaded a few more today).

As you say, the level of support is probably, in my opinion also, rather high right now, to say the least. I would probably still offer better odds on a sharp gain rather than retrace given limited available shares, but who knows.

Best wishes.

[bamboo2] 19/10/2016 17:52

kc, just trying out a few different ideas, using triangle and wedge apexes to time price turns. Not talking about trend changes!
Quite a bit of effort involved, along with increased trading costs, compared with buy and hold. Will post a chart later if interested.

[fruitninja84] 19/10/2016 17:46

Consider this: How much support do you think the share price here really has? I mean how many people have this on a watch-list just waiting for a dip (even a small one) to pounce? A-lot Imo and i would even buy more if i got the right price. Just an educated guess but i foresee between now and January (next statement) we will get a nasty shakeout/alarming drop at some point. Weak holders and traders will bail but I'm betting that that dip will be bought up so fast that if you blink or are afk you will miss it.. All imo.

[kcr69] 19/10/2016 17:24

Cheers Panic Investor and best of luck to you Bamboo (hope you got a decent price this morning), albeit obviously hope you have got your trading strategy wrong!!

[bamboo2] 19/10/2016 17:06

kc Voted yr post up for balance! I sold out today, expecting another price turn. Hope I got the right day this time! :-/

[panic investor] 19/10/2016 16:54

With you on that KC - churn is always good especially when the price holds too !

[kcr69] 19/10/2016 16:45

Really would love to know why someone deems me reporting 1.6m shares being sold in a humorous way as negative, particularly as the share price hasn't moved, another 8% of the company has changed hands (great news), I am ridiculously bullish and holding 30,000 shares which I paid the best part of £90k for. Someone needs to get a life!

[kcr69] 19/10/2016 16:28

That'll be a few more sells then!!!!!

[zho] 19/10/2016 15:24

Hi Shanklin,

Apologies if I've got the wrong end of the stick but in today's report Paul says "As regards other companies, the key one I'm trying to get lined up for an interview is Gear4Music (G4M) ... "

[shanklin] 19/10/2016 15:03

My understanding FWLIW is that Paul has a meeting with management on Thursday (as stated in yesterday's report on Stockopedia) and is hoping to arrange a recorded interview with the CE for some future date

[zho] 19/10/2016 14:59

I think Paul said he was TRYING to organise a meeting - see

[alphabeta4] 19/10/2016 14:54

On a different point does anyone have a link to Paul Scott's meeting with management yesterday? I assume he's written something post meeting?

[glaws2] 19/10/2016 11:48

Fruit - just filter them

[franki8] 19/10/2016 09:14

Disagree re competitors - German's Thomann are pretty massive. But no reason why G4M won't be able to take market share from them.

Updated: nvm, you posted exactly same the same thing/target on Keywords Studios...