Gear4music (holdings) Share Discussion Threads

[hazl] 10/9/2020 08:35

Masurenguy.You have PM.
You've done well here!
Unfortunately I do not hold.

[gnome3] 06/9/2020 02:39

Masurenguy,
I’m not sure Dawsons is G4Ms biggest competitor. They went into administration earlier this year and were bought out by a Manchester firm. This article gives some useful details.
hxxps://www.thebusinessdesk.com/northwest/news/2062820-750k-deal-for-specialist-retailer-aims-to-hit-the-right-note
I hope G4M are taking steps to muscle in on the educational music business. Seems like their own brand range would be a perfect fit.
I would say Andertons is G4Ms biggest domestic competition. They have a great internet presence through their “AndertonsTV” YouTube channel but focus mostly on guitars. It would be good to see G4M make a similar push on YouTube and social media. They have the studio set up to really build this side of the business.

[aimingupward2] 05/9/2020 19:23

Announced dates to look forward to are Oct’ 22nd for a trading statement and Nov’ 17th
For the interim results.

[masurenguy] 05/9/2020 13:33

I agree. They have an excellent online business model which has been enhanced by the lockdown. This should continue beyond the COVID crisis since competitive high street retail competitors can only stock and display a fraction of the product range that G4M maintain. Their software development over many years also provides them with an effective moat against new online competition in the $5.8bn European market. Their main UK competitor is northern based Dawsons, who are smaller with a more limited product range and Thomann, a German based operation who are the largest online supplier in Europe. Plenty of opportunity to increase their 3% European market share and scope for further consolidation in this very fragmented market.

[hastings] 05/9/2020 13:08

Well worth holding onto

[aimingupward2] 01/9/2020 09:38

From Progressive Equity Research:

“A unique business: Gear4music (G4M) is the only UK listed online retailer of musical instruments and music equipment. With just over an estimated 7% of the UK market and around 1.5% of the European market, it has significant growth potential from market share expansion in a highly fragmented product market seeing a structural shift from traditional bricks and mortar retailers into the online channel.
Barriers to entry: G4M benefits from several barriers to entry. The most significant of these - and a source of sustainable competitive advantage - is its proprietary and bespoke e-commerce platform, developed over a 14-year period. An expanding product offer, now over 55,000 lines, particularly its highly profitable own brand ranges, long-term relationships with suppliers and its European distribution infrastructure also constitute notable barriers to entry.”

[saracen3] 01/9/2020 09:04

See new research note hxxp://www.gear4musicplc.com/media/1240/g4m-analyst-note-01sep2020.pdf

[hastings] 01/9/2020 08:53

Great update this morning, looking good for another upgrade in due course.

[aimingupward2] 01/9/2020 08:23

- and more to look forward to on October 22nd and November 17th when a trading statement and interims, respectively, are published.

The share price rose 8 fold between mid ‘16 and mid ‘17. If it repeats that this time we could be looking at that same highpoint of around 850p.

[saracen3] 01/9/2020 07:54

2 more months of strong trading at increased margin. Moving up again.

[saracen3] 28/8/2020 10:09

AGM on Tuesday

[masurenguy] 28/8/2020 09:49

Nothing odd really. After almost a 400% rise over the past 6 months some profit taking by small retail holders is inevitable. Average daily volume here is circa only 55,000 and the price has risen and fallen by around 10% some days on less than that.

There are only 21m shares is issue. The founder & CEO Andrew Wass retains 34% and the top 10 institutional shareholders also hold around 50% between them. Therefore, the free float is quite small which can result in daily volatility on fairly modest trading volumes.

[aledt123] 28/8/2020 09:26

Odd. No RNS, very little volume.

[rizler] 28/8/2020 09:13

What's going on here?

[glavey] 25/8/2020 06:19

Sell signal?

[saracen3] 24/8/2020 19:07

AGM Tuesday week should be upbeat on July and August trading.

[rathlindri] 24/8/2020 16:57

Great to see this heading back to these levels

[masurenguy] 24/8/2020 14:50

Buys have just hit 600p - highest price in the past 21 months !

[glavey] 21/8/2020 04:02

One can change the record, but sooner or later the music stops again.

[gnome3] 20/8/2020 03:36

Maybe you should change the record. I think you're about 18 months late!

[glavey] 20/8/2020 03:06

What happens when the music stops?

[masurenguy] 18/8/2020 13:07

Seems to be some problem with the registration of posts !

[masurenguy] 18/8/2020 13:07

A 6% rise in the shareprice this morning on a meagre volume of circa 27,000.