Gear4music (holdings) Share Discussion Threads

[masurenguy] 21/4/2022 07:58

EBITDA slightly - circa 10% - below expectations for the year but general trend is upwards compared to pre-COVID Y/E March 2020. However European sales have been impacted by Brexit/COVID while UK sales continue to grow. This could possibly become a bid target from their major German competitor at this price, which would give them a dominant position in the UK market. We shall have to wait and see. Meanwhile a bit of a profit warning in the commentary, which might punish the shareprice at the open.

"Short term inflation-linked overhead cost pressures and weaker consumer confidence across the broader retail landscape will mean the best opportunities for stronger growth during FY23 are likely to be in H2. We are, accordingly, moderating our overall growth expectations for the new financial year, which we believe is the prudent approach in the current environment. During what may be a more challenging FY23 H1 retail environment, sales and margins will be supported with good levels of inventory across our distribution centres, continuing expansion of our European operations to drive European website conversion, and sufficient working capital to continue investing where appropriate."

[basem1] 21/4/2022 07:41

Seems like a well run business with some potential growth opportunities 3 gbp would look a decent entry point

[saracen3] 21/4/2022 07:37

Expect the competitors to be struggling even more.

[hastings] 21/4/2022 07:23

Not surprising given consumer confidence etc. Still, here for the longer term and growth prospects which remain attractive, so possibly add at levels nearer my original entry point!

[basem1] 21/4/2022 07:20

When you look at the market cap you could say that a lot of the fall is in the price already. But it wilk not stop it from tanking at the open

[basem1] 21/4/2022 07:18

Tragic update Big fall today

[gnome3] 06/4/2022 05:41

I think Glavey knows something.

[glavey] 06/4/2022 05:16

But is it temptingly cheap... Time will tell.

[aimingupward2] 05/4/2022 19:46

I doubt if Liontrust have any special knowledge of G4M’s trading. Like others, they probably just see it as having become very temptingly cheap.

Whatever, it’s encouraging that they have added to an already substantial holding.

[ali47fish] 05/4/2022 17:06

liontrust adds form c11 to 12pc- if they do they must know something give the poosr showing of the sp

[glavey] 30/3/2022 08:26

28th March: "On balance, I’d be prepared to start buying today."

"Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro."

"Paul Summers [that is "the writer", the chap in the shades pictured at the head] has no position in any of the shares mentioned."


One might form one's own conclusions.

[saracen3] 30/3/2022 07:11

Tipped by Motley Fool

[alphabeta4] 03/3/2022 14:13

Price just stupid now - forward pe 10 for an Internet retailer on c0.33 peg

[dros1] 03/3/2022 12:47

I am trying to find any other musical instrument company to compare with G4M. is this the only company listed?

[saracen3] 03/3/2022 12:05

Agree market worried about squeezed consumer spending but new products and reopening Europe will more than offset.

[dros1] 03/3/2022 11:46

i thing its time to load up now, became very cheap now

[km18] 18/2/2022 13:18

...from last year...

Gear4Music published its AGM statement and a trading and acquisitions update this morning. UK revenue returned to growth in July and August. Two new distribution centres in Ireland and Spain are on track to open in September 2021. Trading remains generally in line with management expectations. Details of the acquisition of AV Distribution Ltd. were provided. The company has been growing robustly over the past 5 years, both organically and via acquisition and looks set to continue this trend in coming years. Main risk is the scope for some post-Covid payback – as an online retailer G4M undoubtedly benefitted from COVID shutdowns. Other than this COVID-related near-term uncertainty, the company is a BUY....from WealthOracleAM

[dros1] 16/2/2022 10:24

"Very unlikely as the Management sees lots of growth opportunities and they will beef up European sales soon."
question this, as Andrew Paul Wass sold £12M of shares last December

[rathlindri] 16/2/2022 09:41

Free fall 😕

[saracen3] 16/2/2022 09:16

Very unlikely as the Management sees lots of growth opportunities and they will beef up European sales soon.

[ali47fish] 16/2/2022 09:11

saracen why will that do?

[saracen3] 16/2/2022 09:03

The Management could sell the company with one phone call to Amazon or Thormann

[ali47fish] 16/2/2022 08:43

its up and down within minutes- I don't understand- does anyone

[hastings] 15/2/2022 07:02

But still up 9% on a two year view!