Gear4music (holdings) Share Discussion Threads

[tsmith2] 04/1/2019 15:42

Normal daily volume is 10k and with so many so a position being liquidated is what I'm thinking.

[staverly] 04/1/2019 15:09

If 6p looks a reasonable EPS stab for the 13 month period that puts the forward PE around 40. Ridiculous in light of the gossamer thin margins.

[shanklin] 04/1/2019 15:07

The company's sales growth aspirations seem very reasonable and used perhaps to justify the much higher share price pre-today. However, when the company do stuff that is patently nonsensical like reduce prices to achieve sales that they cannot deliver, it is next to impossible to remain a believer. IMHO.

[toffeeman] 04/1/2019 14:28

kenche - I think you have it in a nutshell.

Surely the conclusion is that size matters and if they are going to grow they need two things

More capital
More capable managers

1 for 2 rights at £2?

[onjohn] 04/1/2019 14:18

profit warnings come in 3s

[onjohn] 04/1/2019 14:18

100p is coming

[kemche] 04/1/2019 14:16

Feels very fund-raisy here. Probably wrong no doubt.
:)

[tsmith2] 04/1/2019 14:15

Don't be hasty, once the seller is cleared this will move up swiftly. Look at normal trading volume. A position is being liquidated me thinks

[tsmith2] 04/1/2019 14:13

Can only assume large sell order being worked

[tsmith2] 04/1/2019 14:06

mad over reaction, added at 240. Decent amount now

[babbler] 04/1/2019 13:58

Crazy... But glad I sold now... Watching for entry.

[taurusthebear] 04/1/2019 13:14

Brexit effects the big unknown, but also a big opportunity. Looking forward to (e.g.) buying EZJ below £9. :0)

[pireric] 04/1/2019 13:10

The way I look at it is this.

Say G4M was a new listing, and today was the first day of dealing and it listed at 250p. If on the first day of dealing they released today's update, would you think the current valuation would be too low and see 10-15% upside needed to make this a buy?

To continue growing at this rate, the balance sheet position isn't the best, as they'll likely tie up more cash in capex and working capital, which they don't necessarily have. I certainly wouldn't buy it if today was the first day of dealing.

Anyway, as always, time will tell. Last post from me. GL all, best of luck, genuinely hope they can turn it around for holders.

[barnetpeter] 04/1/2019 13:05

bought some at below 2.50 and will double up if it falls below 2.00....which it might well. Dangerous mkts and to knock 265p off the price on a fair update...not great but hardly going broke.....wow.

[cooltools] 04/1/2019 12:53

Being hoovered up at 250, I count 70,000 shares ie £175,000 which suggests to me the bottom has been reached and II/directors are stepping in.

I thought the Fool article was well balanced. The headline, being a question, should have the usual answer - "no". So the headline was click-bait, but the article was fair enough.

[tsmith2] 04/1/2019 12:52

Would expect large sells to be reported. Looking good for good move up

[tsmith2] 04/1/2019 12:41

Ive noticed 3 sets of 4 identical buys - speculate directors buys

[crystball] 04/1/2019 12:30

Some thoughts from the Motley Fool....

[tsmith2] 04/1/2019 12:30

added more