Gear4music (holdings) Share Discussion Threads

[saracen3] 21/11/2024 07:55

I believe G4M are actively trying to compete again in Europe now that some local price wars are over. Gross margin is very important to them

[saracen3] 22/10/2024 09:10

hxxps://www.gear4musicplc.com/media/1381/g4m-gently-growing-into-the-new-growth-strategy-22-oct-2024.pdf

Progressive Note is upbeat

[saracen3] 22/10/2024 07:44

Pretty decent update ahead of key Xmas season. Good to see budget fears not hit UK sales as some had feared.

[saracen3] 07/10/2024 18:06

Market makers setting the price around buyers limit

[thaiger] 07/10/2024 17:26

Ronit Capital LLP increased holding by nearly 2% yet share price is down?!?

[saracen3] 13/9/2024 08:03

Freight rates easing.

Signs of freight headwinds easing
You may recall us, earlier in the summer months of 2024, flagging a notable upward trend in world freight prices, which had seen spot prices rise to c.$7k/40-ft container in a couple of months. Prices did move on further from there, with suppliers within the UK consumer goods arena talking of prices as high as $9k being quoted for August. However, rates have moved on again in more recent weeks, falling back to $6.5k and we even hear of an in-month rate of $4k being offered. Summer cost headwinds appear to be materially easing, as much of the industry anticipated, with the potential for the benefits of a stronger GBP/USD to come.

[basem1] 06/9/2024 08:46

Bought a few more see if that helps the price Call me impatient

[basem1] 06/9/2024 08:09

Tighten that spread and I will be first in 176.4 to buy at present

[saracen3] 06/9/2024 07:28

Just a few small traders moving on to the next mover.

Have just spoken to a very happy Institutional holder.

[basem1] 06/9/2024 07:17

Well I thought the statement read ok In for a few more today

[saracen3] 06/9/2024 06:33

Singers Gear4music (G4M LN)

Follow to Open Report

Retail | Corporate Client

Mkt cap: £39.3m | CP: 187.5p | TP: 245p
In line update and on track to revert to growth in H2


Trading so far in H1 has been in line with expectations, and G4M remains confident in the delivery of its medium and longer-term profitable growth strategy. Today’s AGM update indicates that results from this renewed focus on growth are expected to start in H2. We outlined the potential from the growth strategy in our last research note, confidence in which led us to upgrade our target price for a second time in quick succession. We re-iterate Buy.

[glavey] 31/8/2024 08:30

Illiquidity Close is rather narrow but remains a two way street...

[saracen3] 29/8/2024 15:25

Over 75% held by founder and Institutions so few shares available.

[basem1] 29/8/2024 15:16

Three year chart Pretty large gap up to around 400p The mind boggles if you can believe that chart

[saracen3] 23/8/2024 06:59

At my last meeting with the company after the results they stressed that they were not expecting much, if any growth in UK sales.

Emphasis was Europe , especially areas where there is less competition and own brand goods have not been marketed.

[glavey] 23/8/2024 05:53

Could be a significant amount of recovery optomism within the s/p. Plus side might be Chinese exported deflation but are there now buyers for such (previously pandemic supported) budget product? Academic budgets may be tight. Trading marketplace for used budget product is typically rather limited and the whole arena well served by other platforms at markedly lower cost.

[laughton] 22/8/2024 09:53

That's one way of looking at it. Now look at the 3 year chart.

Before you accuse me of de-ramping. I'm a long term holder here.

[saracen3] 22/8/2024 09:34

Now trading at 2 year highs ahead of AGM on 6th September.

A classic recovery stock with pedal down for growth in sales in Europe, especially of higher margin own brand.

Costs likely to fall as platform development costs falling.

[blusteradjuster] 06/8/2024 09:46

Walked down Lendal in York city centre recently and saw that Banks music store (that closed down a while back) is about to open as a Thai restaurant.

York perhaps not typical - but it shows how traditional bricks & mortar retail is struggling.

People view town/city centres as destinations for experiences - they shop increasingly online.

[saracen3] 05/8/2024 12:04

Button pressed on European sales growth in areas where there is least competition.

New second hand platform seeing huge growth potential for all those guitars,

amplifiers and drums bought during Covid. Little competition here also,

[actscap] 05/8/2024 09:41

Ultimately can't see the growth drivers overcoming the fact that most people purchased guitars etc. during the pandemic. Bit like bicycle purchases. Will stick this on the watchlist though to see how it plays out. Best of luck to holders

[glavey] 05/8/2024 07:36

" ...saw a vacancy for a sous chef? "

Perhaps the head chef is busy cooking the books?

[basem1] 04/8/2024 16:32

Is it tipped in Augusts edition please Hope for a lift tomorrow if so ?