Gear4music (holdings) Share Discussion Threads

[gerryjames] 04/1/2019 08:41

I agree with the Eagle. It had a nice run up from a pound on future growth. But is there room for it to grow profitably. To 11.

Seems a brutal market reaction mind.

[pictureframe] 04/1/2019 08:29

Avoid - falling margins, increase production costs, loss making and high amounts of debt. You might get a DCB but long term this is going down

[tsmith2] 04/1/2019 08:26

at today's price

[tsmith2] 04/1/2019 08:26

Being valued at £120mn that's a fairly toppy multiple.

[discojames] 04/1/2019 08:24

Not invested here, but have bought form them and saw the RNS today, I am surprised by the drop. Especially as there is proven demand above the current capacity; a "problem" most companies would like to have. Hope this turns around for the holders, I'm sure a decent bounce is on the cards today

[horndean eagle] 04/1/2019 08:19

30% reduction in ebitda forecasts for the year. Its just very low margin stuff which is in a very competitive space. Always going to struggle.

[jozo] 04/1/2019 08:18

Agree, margins must have taken a hammering for such sales growth to have been negated.Market looking to punish anything in retail just now - half I got at out at 560 some months back, but certainly tempted at these levels - main concern is that trading statement too vague on margin detail and also cost implications for sorting out logistics for next year. Clearly volume of sales seems to be focus but at what cost over margins?jozo

[tomgreg] 04/1/2019 08:18

What is happening here? I've bought about £3000 worth of instruments, amplifiers and equipment from G4M over Xmas and was thinking of topping up but this reaction is brutal. Is there more to it?

[crystball] 04/1/2019 08:14

I am surprised the reaction has been so severe to today's update. I have had G4M on my watch list for a while. The outlook for EBITDA needs some explanation. Growth in revenue looks great, but margins expectations must be much reduced going forwards.

[ali47fish] 04/1/2019 08:13

i am not- staggered at the deep fall just because the damned margins being slightly down

[johnyee 7] 04/1/2019 08:11

Everyone sleeping

[taurusthebear] 02/1/2019 11:55

Brexit is the elephant in the room..

[ali47fish] 22/12/2018 12:55

i ve got 5 jan for update from last year- no date on website -does anybbody know and do you think gross margins have improved enough to avoid a nasty surprise

[rathlindri] 17/12/2018 18:03

Dragged down by ASOS news today?

[taurusthebear] 30/11/2018 07:31

Looking at that chart anyone would think the shares have been suspended. :0)

[rp19] 13/11/2018 22:43

Some stretching share price targets in the long term investment plan.

[martywidget] 28/10/2018 08:56

MIDAS SHARE TIPS: It's a hit! How Gear4Music is becoming a big noise in world's £12bn music market
Published: 22:30, 27 October 2018 | Updated: 23:14, 27 October 2018

[cheshire pete] 17/10/2018 11:45

Interims looked good, topped up this morning.

[rathlindri] 16/10/2018 18:07

sigh of relief......

[aimingupward2] 16/10/2018 15:54

With Equity Development's very positive and encouraging write-up (above) and Peel Hunt saying that this "is an opportunity not to be missed", the share price seems set fair for a good long rise, given fair market conditions.

[saracen3] 16/10/2018 09:18

PEEL HUNT today Gear4Music# (Buy, TP 1000p) - Good Interims, "very strong" current trading
G4M has delivered steady H1 numbers (EBITDA of £0.7m) but the key here is the upbeat language in the current trading statement. Sales are reported to be “very strong”so far in H2, and the gross margin is up which is good news following the travails of H1 (down 210 bps). Industry competitive forces seem to be quietening (a bit) and management has committed to a strong inventory buy, so we don’t see a repeat of the margin downside of H1, but we do see a strong top line showing ahead. Which overall means an unchanged forecast, and that is not what the shares were expecting. They now trade on the sort of growth multiples (20X FY21 PE) we expect for bricks and mortar stocks, not for a rapidly expanding on line player: that is an opportunity not to be missed
Analyst: [e-mail] ([phone]) , Analyst: [e-mail] ([phone])

[edmonda] 16/10/2018 08:32

after today's interim results and positive outlook, updated ED research note is now out. Unchanged forecasts leave shares on undemanding EV/sales ratio of just 1x

Note freely accessible here:

[vilage_idoit] 09/10/2018 12:50

Have posted some thoughts on G4M on the following link.

hxxps://cube.investments/gear4music-g4m-candidate-for-short-selling-after-worrying-september-update/

@vilage_idoit