Gear4music (holdings) Share Discussion Threads

[ksharlandjiev] 08/1/2017 11:01

I have top sliced on Friday and I'm now running only part of the profit as a freeroll :) I guess there will be a slight retreat as people are taking their profits, but in long term this is the next Boohoo imho.

[flyposter] 08/1/2017 05:03

Nah, enough press after close on Friday to keep momentum.

[11_percent] 07/1/2017 23:53

Locking too high now....will be a top slice for me.

[bamboo2] 07/1/2017 23:39

This fell short of my H&T Flag target of 541 by a few pence. Will wait for dust to settle now. Good luck all.

[thevaluehunter] 06/1/2017 16:26

Yep looks like they are going to outperform on earnings vs the analyst estimates with the strong gross margins comment.

[croasdalelfc] 06/1/2017 14:09

One point I'd like to make if my maths are correct:

Own brand sales in FY15 were 26% and drifted down to 20% in H1 as they increased the product range from about 25000 to 30000+. Its takes a while to source Quality Own Brand products from China or wherever.

Now take the 4 months to Dec....Own brand sales up 63% from last year when own brand products were already performing well at about 26% of the total.

This suggests that own brand products in the last 4 months are up to 26.7% of the total revenue. This is how they are achieving 'strong gross margins'

Note the emphasis in the same line of the trading update:

63% growth in sales of Own-brand products supported strong gross margins.

Now going forward they should have better comparatives for the next 6 months - remember own brand products were only 20% in H1 this year.

[panic investor] 06/1/2017 13:24

good honest report by PP, mine are in the SIPP and will stay there similar to BOO and FEVR

[franki8] 06/1/2017 12:23

not too late to get in on the action before end of the year

[franki8] 06/1/2017 12:21

che7win, like it was in October when you started to slag off this share because director sold some of his holding and the share price was bound to crash according to you? circa 90% growth since, perhaps you should have invested

[che7win] 06/1/2017 12:03

It's very high, isn't it?

[luckymouse] 06/1/2017 11:31

LOL - most these boards are rofl

Bones 5 Jan '17 - 21:17 - 695 of 730
What is this, a meeting of Clairvoyants Anonymous?

[allstar4eva] 06/1/2017 10:36

+100m cap now. More insti's may be able to take a position?

[ksharlandjiev] 06/1/2017 09:45

From the same link from 728:

"While the share price has risen by a factor of four since we initiated in May 2016, it still stands at a discount to larger UK pure-play e-tail peers."

G4M’s share price has risen by a factor of four since we initiated in May 2016. Yet it still stands at a significant discount to larger, pure-play online peers: in fact a discount level of 20% would indicate a share price of 536p. This puts G4M on much higher multiples than UK small-cap peers, but we see this as justified by its higher growth characteristics. Indeed, taking into account relative growth, reflected by the PEG ratio, the shares could be priced at 651p, a calendar 2017 P/E of 58.6x.

[bestace] 06/1/2017 09:34

Edison update:



"we upgrade our FY17 EPS forecast by 20%... we are not upgrading our forecasts for FY18 and FY19 materially at this stage"

[mikeroot5] 06/1/2017 09:34

Good review of the update here, seems people are beginning to notice the value here.

[alphabeta4] 06/1/2017 09:02

Can see new Panmure price target 600p just out. Anyone got the link?

[croasdalelfc] 06/1/2017 09:00

Edison forecast was £55m revenue with I think £1.3m profit eps 3.1. Profits were conservative in my opinionI guess revenue will be unchanged with profits upped to 2.5-3m eps 10p?

[shanklin] 06/1/2017 08:33

Adam

There are two months to go in the current financial year so, presumably, any broker forecast increases today will be slightly on the conservative side albeit above previous forecasts.

Cheers, Martin

[ali47fish] 06/1/2017 08:13

a surge and back down- is there some profit taking

[adamb1978] 06/1/2017 08:11

Pleased with that. The market can now start to look at FY18 from a valuation perspective given that FY17 is in the bag and the share price looks very fair.

They're also on course to hit £100m turnover in FY19 and quite feasible to see how the share price could get to 1000p in 3-4 years.

Continue to hold

[dgbell7] 06/1/2017 08:02

Great opening after excellent interim . It will be interesting to see where we finish the day at , as that will start to give a feel for the new level. I would be delighted with 525.