Gear4music (holdings) Share Discussion Threads

[toffeeman] 14/2/2019 17:46

Well - wouldn't you if you could?!

[rambutan2] 13/2/2019 20:03

Noted comment in THRG (managed by Blackrock) monthly fact sheet:

The largest stock specific detractors during the month were Gear4Music and Hiscox. Gear4music is the UK’s leading online retailer of musical instruments, a company that has consistently demonstrated very strong profitable sales growth. The update in January revealed further impressive sales growth, but at the expense of gross margin due to irrational competitor pricing and Gear4music’s desire to maintain share with the strategic view that their scale will enable them to recover gross margins in the future. This was a disappointing update, especially as we had a very encouraging meeting with the Management recently and discussed the gross margin profile at length, and the shares reacted accordingly, falling c.65%. Insurer Hiscox fell during the month despite no stock specific newsflow. The shares were a relative outperformer during the fourth quarter, therefore we would attribute some of the fall to more of a style reversal, while strengthening sterling is also a headwind to the business which is heavily US focused.

[toffeeman] 07/2/2019 16:36

Merian got another 20m to dump?

[luckymouse] 06/2/2019 18:30

Still shouting at passing cars Rugby lol?

[niggle] 28/1/2019 16:30

Tiny number of shares sold and this company drops 7½% - such is the lack of belief.

22.7% margin and the toughest retail market we have seen in a generation.

[toffeeman] 24/1/2019 16:20

Oh no Buywell has appeared (I have this poster on filter and suggest you do too)

[buywell3] 24/1/2019 15:51

The story so far



Will it have a happy ending ? or will it

[yump] 24/1/2019 12:04

niggle

o/t sorry guys - do you remember the name of the other popular bb ? its doing my head in trying to recall it !

Unfortunately I decided in 2000 that the hyped up shares couldn't possibly fall more than 40-50% so because of CGT only cashed about half in. V. good profits, but not impressed by watching them carry on down !

Lesson learnt. Now anything hyped up gets sold. I think the chances of picking a long term multibagger are pretty remote, purely because of global competition, margin pressures, rapid change etc. although everyone quotes the usual ones as examples.

[tsmith2] 24/1/2019 12:00

If Blackrock were selling, cant see how they are, they would promptly notify market as thresholds crossedlack of volume and share price responding to buys tells you no overhang..

[niggle] 23/1/2019 17:21

Collapsed into the close.

DCB etc

[luckymouse] 23/1/2019 16:43

I would happily show you how it works - simple set of 10 trading rules that work only when combined - but some special darwin cases really do deserve to lose lol

[niggle] 23/1/2019 10:16

yump

I remember IBG - I made £120k in less than a year on that share! long time no see. Those were the days! Well, 1999-2000 were the best - then that! lol

Yes, I have been here for 20 years this year - Dec 1999