Gear4music (holdings) Share Discussion Threads

[aimingupward2] 07/6/2021 11:44

Perking up this morning. Results due on the 22nd June, and they are sure to be very good. The company is still on quite a modest rating, so further rises to come.

[tomps2] 03/6/2021 09:43

Paul Scott mentions Gear4Music (G4M) at 28m32s in the latest piworld Interview.

Watch the video here:

Or listen to the podcast here:

[hawfinch] 20/5/2021 21:05

Seems a few people our experiencing more delays with their orders. Check twitter > gear4music acct > latest tweets and replies

[hawfinch] 12/5/2021 18:53

@saracens I guess they're trying to replicate Thomanns "Bargains & Remnants" site - hxxps://www.thomann.de/gb/blowouts.html.

However, with Thomanns is seems as if you can only 'trade in' your musical equipment if you've visited their store in in Treppendorf. Could be the same catch with G4M and their York store? hxxps://www.thomann.de/gb/faq_question_will_you_trade_in_my_old_equipment.html.

@Aimingupward, I might. I guess it couldn't hurt to ask whether c-suites find it more advantageous to create a 2nd hand platform as opposed to increasing marketing expenditure. But I suspect they will come back with "our marketing cost were 7.7% for FY, the lowest it's been for past 6 years and we've seen double digit revenue growth" etc...

[aimingupward2] 12/5/2021 17:59

Yes,indeed. Almost 15% added to their holding taking it to over 10% of the shares in issue.

You don't do that on a whim. Very encouraging.

[saracen3] 12/5/2021 17:03

Aberdeen buys more stock. Very confident.

[aimingupward2] 12/5/2021 10:27

Thanks, saracen. Something to look forward to early next year.

[saracen3] 12/5/2021 10:24

Fact from last conference call with company.

[aimingupward2] 12/5/2021 10:19

“A lot of concentration is on developing the new second hand platform.”

Do you know that as a fact.saracen, or are you just surmising?

[saracen3] 12/5/2021 10:08

A lot of concentration is on developing the new second hand platform.

With live music returning and amateur and professional music groups meeting again demand will stay firm.

[aimingupward2] 12/5/2021 09:53

I suggest you put that to the company, Hawfinch. It’s an interesting and valid point.

G4M will still be benefiting from the fact that most of Europe still in lockdown and should be making as much as possible from that situation.

[hawfinch] 12/5/2021 09:47

I've got to say, Thommans marketing is exceptional. They really are leveraging their social media platforms. They have regular Youtube hosts (who are musicians) that engage in reviews of products, conduct interviews with other musicians, and occasionally perform the odd cheesy comic skit.

Whereas G4M, I see that their last post on Youtube (which is arguably their biggest SM platform) was 3 months ago. Given most of their clients are beginners, I wonder why they do not market more on youtube. Are resources being directed elsewhere?

Personally, I see marketing to be crucial for a pure play merchant player to expand. Social media being at the forefront coupled with boisterous content creators.

[epicsurf] 11/5/2021 17:22

Seven ‘buy and forget’ shares for investors with time on their side
Gear4music (LSE:G4M)

Gear4music is an online supplier of musical instruments and accessories, disrupting a cottage industry previously confined to small high street shops. It may have an added resonance for any parent who feels that having spent a small fortune on their child’s flute/violin/tuba, they should really be getting something back. Gear4music has done well out of the pandemic, as people have sought to explore their musical talents, but Jourdan believes it can continue to do well as the economy revives.

He says: “We like companies that are still being run by their founders. Gear4Music was set up by Andrew Wass, who is still in charge today. It got a great boost from the pandemic, but already had a history of outperforming expectations. It has built an incredible track record in an industry that is going online in a big way.

“It is growing faster than its nearest rival, a German group called Thomman and has even managed to benefit from Brexit. It prudently set up distribution facilities in Europe ahead of the deadline. Its ability to export to Europe has improved, while its rivals are struggling to distribute in the UK.”

[az4hr] 11/5/2021 15:20

OH no edging back down was hoping we could break £10 which would be good psychological level

[aimingupward2] 29/4/2021 10:10

I suggest you google it. You’ll get a fuller answer that way.

[hawfinch] 29/4/2021 10:00

Sounds like a crypto site

[ali47fish] 29/4/2021 09:31

who or what is wallet investor please!

[cooltools] 29/4/2021 00:24

uses "artificial intelligence" which I take to be automated predictions from charts. Like Chartists, it can't possibly take into account director behaviour/stupidity/genius, emergence of competitors, acts of God, major shareholders deciding to buy a new toy or whatever... and for microcaps/AIM with low liquidity, predicting from charts is all the more meaningless.

Best known for crypto, but applies to stocks etc too - anything they can get a history for, basically.

AIMO of course, many will disagree ;-)

[largemerlot] 27/4/2021 22:28

Every 79p helps
Onward and upward
💪💪👍👍

[aimingupward2] 27/4/2021 22:09

Actually 1395.79! What daft precision. They say, too, that their predictions are updated (I presume they mean reviewed) every 5 minutes by smart technical analysis. How absurd!

Unless you know in input assumptions, (and you don’t), the figures might as well be a ‘finger in the air’ guesswork.

[saracen3] 27/4/2021 21:28

Walletinvestor raises 12 month target to 1396p

[hawfinch] 27/4/2021 20:12

Stock screening should make this company a huge catch given net debt is about half of what it was before. Could see new players pumping this up to above £10. Gear up peeps.

[rathlindri] 27/4/2021 15:34

Looking good. So glad now that I held on after the big fall in early 2019

[jimmygee2] 27/4/2021 15:15

breakout to new all-time high

[aimingupward2] 23/4/2021 18:04

It's perhaps worth noting, too, that the share price now, for all that it has risen strongly over the past 12 months, is still only marginally above where it was at the peak in 2017 - a year in which it made an eps of 11.5p. We're looking at nearly 5 times that for the year just ended.

I don't think there is any prospect of the share price rising pro rata to that, but it certainly does suggest that there could be quite a way go to before it starts to look 'toppy'.