Find Your Broker
Share Name Share Symbol Market Type Share ISIN Share Description
Gear4Music LSE:G4M London Ordinary Share GB00BW9PJQ87 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -9.00p -4.31% 200.00p 80,188 09:27:26
Bid Price Offer Price High Price Low Price Open Price
195.00p 205.00p 205.00p 200.00p 202.50p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 80.10 1.50 6.70 29.9 41.7

Gear4Music (G4M) Latest News

More Gear4Music News
Gear4Music Takeover Rumours

Gear4Music (G4M) Share Charts

1 Year Gear4Music Chart

1 Year Gear4Music Chart

1 Month Gear4Music Chart

1 Month Gear4Music Chart

Intraday Gear4Music Chart

Intraday Gear4Music Chart

Gear4Music (G4M) Discussions and Chat

Gear4Music Forums and Chat

Date Time Title Posts
23/1/201910:16GEAR4MUSIC2,178
10/1/201913:54gear4music-
29/7/201802:05Gear4music (G4M) One to Watch on Monday -
09/8/201520:27Games 4 Music5

Add a New Thread

Gear4Music (G4M) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
12:58:35202.001,0002,020.00O
12:54:39202.001,1162,254.32O
12:47:33198.602,0003,972.00O
12:16:11198.551,0322,049.04O
12:02:43202.005,00010,100.00O
View all Gear4Music trades in real-time

Gear4Music (G4M) Top Chat Posts

DateSubject
23/1/2019
08:20
Gear4Music Daily Update: Gear4Music is listed in the General Retailers sector of the London Stock Exchange with ticker G4M. The last closing price for Gear4Music was 209p.
Gear4Music has a 4 week average price of 157.50p and a 12 week average price of 157.50p.
The 1 year high share price is 742p while the 1 year low share price is currently 157.50p.
There are currently 20,867,121 shares in issue and the average daily traded volume is 977,610 shares. The market capitalisation of Gear4Music is £41,734,242.
19/1/2019
10:51
niggle: It won't be the first time a director buy has propped up the share price of a worthless company.
15/1/2019
18:35
s1zematters: Smith with his 'Mandy Rice-Davies' "Well he would say that, wouldn't he?" post above. I am almost certain to a very high degree Smith is not in contact with Blackrock, Old Mutual,Octopus Investment, AXA, Cannaccord and Jupiter. What does 'tidying up' even mean in the context of of a shareholding? Incredibly transparent post made by not an investor in G4M , but a mug punter that thought because the G4M share price fell from £6 to £2.40 that it was all of sudden a great aim growth company! What i don't understand is this, if Smith had this wanderlust Zeal and belief in G4M why did his first post on here not appear until the share price collapse on the profits warning couple of week back? Edmonda . Regarding the paid for report ; Thank you for highlighting this, i will give it a read and respond when i get a spare few mins.
14/1/2019
19:24
tsmith2: Lol.So you will base your comments on short term share price movement. I guess you would have been a big bull at £6!
07/1/2019
07:48
tsmith2: The next year end is 31 March 2019 - NB this is a 13 month period, as the accounting year end was recently extended by a month, for operational convenience.Key points;Continued strong organic revenue growth at +41% (up from 36% in H1)Europe & RoW sales growth higher than UK (+47% and +36% respectively) - overseas sales are now close to overtaking UK sales - important, as a global sales opportunity deserves a higher rating for the share than just a UK businessCapacity constraints reached in York distribution centre - implies sales growth could have been higher. Plans to increase capacity in 2019FY2019 EBITDA to be slightly below FY2018 - this is not likely to go down well in current stock market conditionsSwedish distribution centre expanded - now have good spare capacity headroom at both European centresOutlook - strong sales expected for the rest of this financial year.Competitive pressures on margins are mentioned;Our focus has been on gaining market share in what has been a highly competitive environment, and in support of this target and following a period of planned investment, margins during the Period began to return towards historical levels. We are confident of further improvements as we progress through FY20.That sounds as if margins should improve going forwards.My opinion - I see the share price has fallen 30% in early trading, which looks a ridiculous over-reaction.The business model at G4M is to grow as fast as possible. Then the profit taps can be turned on later, because marketing spend as a percentage of revenues can be reduced. The market probably doesn't understand, or isn't even interested in this point right now.Long-term this share is a winner, in my view. However, at the moment, growth stocks get clobbered so badly if they put a foot even slightly wrong.Update: since writing the above, the share price has fallen by 50% on the day, on very heavy two-way volume. That is pretty astonishing, for an update that probably would have trimmed the share price by about 10%, in more normal markets.To reiterate, the key point to understand is that G4M's marketing spending being 8.4% of revenues last year, and that this is discretionary, and is being used to drive growth. The point is that when the business is, say 5 times its current size, then marketing will drop to a much lower % of revenues. That fall will drop straight through to profits. Hence it's nonsensical to try to value the business at this rapid growth stage, on a multiple of current earnings. We need to look forwards, and value it on a multiple of future earnings, once the net margin has gone up to something more like 5-10% of revenues.If you get that point, and are prepared to hold for the long-term, then I am pretty sure that today's price plunge to 255p makes a very nice entry point. Time will tell.Paul Scott
06/1/2019
15:10
s1zematters: "We have seen high levels of consumer demand alongside positive margin momentum," "This capacity limitation means that sales growth during the Period has not fully compensated for the lower product margins as we hoped" Quite a contradiction there! I think most people can see through this, if 'high levels of demand' is so, why didn't they lift the margins on those low margin products or concentrate on selling the higher margin goods over the peak periods? (because they could not, no extra demand for higher margin goods all sales growth was low margin ?) I think the share price tells the story here, Turnover is vanity, profit is sanity but cash is reality. They are struggling to sell goods at a decent margin, however to keep the show on the road are selling goods at extremely low margin or even at a loss after plc and admin costs! A profits warning, first of many i would envisage. May have a suckers rally before probably halving again and adjusting to a more reasonable p/e now it's clearly not a high growth stock.. With a p/e of 35 a hell of a lot of profits growth is factored in here and clearly it isn't materialising!
06/1/2019
14:59
tsmith2: This is Paul Scott's view of the update, I happen to agree with it. There must have been a large position being liquidated on Friday. Expecting a very strong bounce next week.The next year end is 31 March 2019 - NB this is a 13 month period, as the accounting year end was recently extended by a month, for operational convenience.Key points;Continued strong organic revenue growth at +41% (up from 36% in H1)Europe & RoW sales growth higher than UK (+47% and +36% respectively) - overseas sales are now close to overtaking UK sales - important, as a global sales opportunity deserves a higher rating for the share than just a UK businessCapacity constraints reached in York distribution centre - implies sales growth could have been higher. Plans to increase capacity in 2019FY2019 EBITDA to be slightly below FY2018 - this is not likely to go down well in current stock market conditionsSwedish distribution centre expanded - now have good spare capacity headroom at both European centresOutlook - strong sales expected for the rest of this financial year.Competitive pressures on margins are mentioned;Our focus has been on gaining market share in what has been a highly competitive environment, and in support of this target and following a period of planned investment, margins during the Period began to return towards historical levels. We are confident of further improvements as we progress through FY20.That sounds as if margins should improve going forwards.My opinion - I see the share price has fallen 30% in early trading, which looks a ridiculous over-reaction.The business model at G4M is to grow as fast as possible. Then the profit taps can be turned on later, because marketing spend as a percentage of revenues can be reduced. The market probably doesn't understand, or isn't even interested in this point right now.Long-term this share is a winner, in my view. However, at the moment, growth stocks get clobbered so badly if they put a foot even slightly wrong.Update: since writing the above, the share price has fallen by 50% on the day, on very heavy two-way volume. That is pretty astonishing, for an update that probably would have trimmed the share price by about 10%, in more normal markets.To reiterate, the key point to understand is that G4M's marketing spending being 8.4% of revenues last year, and that this is discretionary, and is being used to drive growth. The point is that when the business is, say 5 times its current size, then marketing will drop to a much lower % of revenues. That fall will drop straight through to profits. Hence it's nonsensical to try to value the business at this rapid growth stage, on a multiple of current earnings. We need to look forwards, and value it on a multiple of future earnings, once the net margin has gone up to something more like 5-10% of revenues.If you get that point, and are prepared to hold for the long-term, then I am pretty sure that today's price plunge to 255p makes a very nice entry point. Time will tell.
04/1/2019
21:37
buywell3: I wonder if Octopus will be buyers or sellers after the latest news ? New Long-Term Incentive Plan NOVEMBER 13, 2018Source: RNS The Board of Gear4music (Holdings) plc ('Gear4music, the 'Company', or the 'Group'), the largest UK based online retailer of musical instruments and music equipment, today announces a new long-term management incentive plan (the 'Plan') to incentivise senior employees in a manner that aligns with the interests of the Company's shareholders. The Plan involves the issue of 210,000 'B' Ordinary shares in Gear4music Limited, a subsidiary of the Company. These 'B' shares vest from 2021-26 and can be exchanged on a one-for-one basis for new ordinary Company shares subject to meeting specified criteria, including reaching a specified target share price for 75% of the award, and pre-determined revenue and profitability targets for 25%. Financial year ending: Share Price hurdle (being the average closing mid-price in the 30-day period following announcement of preliminary results) Maximum nos. of shares vesting (including 25% performance related shares) 31 March 2021 £13 27,300 31 March 2022 £16 29,400 31 March 2023 £20 33,600 31 March 2024 £24 35,700 31 March 2025 £29 39,900 31 March 2026 £35 44,100 Certain of the Company's directors are participating in the Plan as detailed below, along with members of the Group's senior management team. Name Position Number of shares Andrew Wass Chief Executive Officer 45,000 Gareth Bevan Chief Commercial Officer 52,500 Chris Scott Chief Financial Officer 45,000 Ken Ford, The Company's Non-Executive Chairman and Remuneration Committee Chairman, commented "We wish to retain and incentivise key employees and to ensure that the interests of those individuals are closely aligned to the interests of our shareholders. The Company has enjoyed great success since coming to market, and has ambitions for long-term, sustained growth and this scheme reflects this by encouraging management to invest in future growth. The Company has introduced the Plan to play a central role in the achievement of these aims and demonstrates Andrew, Gareth, Chris and the other senior management's commitment to and belief in the long-term success of the Group."
04/10/2018
18:44
taurusthebear: ali47fish: Because the last three days is a blip in terms of the last two months. What is there for long-term holders to say that has not been said? The next test will come with the results. Margins and outlook will no doubt be key. I cannot foresee a problem in terms of the share price over the next couple of years, notwithstanding Brexit uncertainties and that a small cap. can drift 20 to 30 per cent with lack of interest. I would be surprised if G4M has not doubled from here by Christmas next year.
12/4/2017
19:50
pj 1: Roofer212 Apr '17 - 20:15 - 1149 of 1149 0 1 Great to see G4M share price doing so well, I didn't know they was a listed company only just seen this thread on advfn. gla R2 ================================================================================= They still 'are' a listed Company, not 'was'. As I'm sure you are fully well aware....
12/4/2017
19:15
roofer2: Great to see G4M share price doing so well, I didn't know G4M was a listed company, only just seen this thread on advfn. gla ( critics, it's a lot easier on a laptop, not so on an iPhone with my eyes !! Gla ) R2
Gear4Music share price data is direct from the London Stock Exchange
Your Recent History
LSE
G4M
Gear4Music
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190123 13:24:49