Gear4music (holdings) Share Discussion Threads

[young scott] 11/4/2023 11:59

If UK March retail sales were up 5.1% led by online sales why have G4M had a such a bad month?

Following the profits warning Progressive Research (their G4M research is on the G4M website) have reduced their pbt forecasts for FY24 and 25 by £4.6m (to £4.1m) in addition to the £1.4m for FY23. Suggests that there is no expectations of a bounce back anytime soon.

[saracen3] 11/4/2023 09:50

Shares look well bid today.

[saracen3] 11/4/2023 09:10

UK March retail sales were much stronger than expected up 5.1% led by online sales.

[onjohn] 11/4/2023 09:08

Gear4music's Chief Executive Officer, Andrew Wass, said:
"Whilst challenging economic conditions meant we were not able to grow revenues and profits as intended during FY23, we are pleased to have made good progress with our objective of paying our salaries and bonus lol

[onjohn] 11/4/2023 09:05

Possible placing at 45p

[jackson83] 07/4/2023 21:12

plenty of time for this to be sold down in the next 6 months




50p top up then

































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[jackson83] 07/4/2023 21:11

lets see if it drifts to 70p first

[saracen3] 06/4/2023 23:19

Profit warning and the shares only close down 3%, bad news was already in the price. The company is financially sound.

[saracen3] 06/4/2023 23:16

Profit warning and th

[jackson83] 06/4/2023 18:13

Opportunity to SELL / SHORT this mess














































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[jackson83] 06/4/2023 18:07

bankruptcy unfortunately seems to be on the rise for online only stores

[buffskins] 06/4/2023 18:04

what a shame .. I love these guys, bought loads of kit from them.. will they go under?

[jackson83] 06/4/2023 18:04

lets see how low it goes next month

[jackson83] 06/4/2023 18:03

yes I shorted it



await 50p

[saracen3] 06/4/2023 16:31

Guessing it was Desperate Jackson who sold 10k at 67.4p this morning.

Have a great break and sleep well.

[saracen3] 06/4/2023 16:25

Net debt £14.5m Admin Please ban this liar

[jackson83] 06/4/2023 16:14

£14.5 million in debt RED FLAGS
























































































































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[km18] 06/4/2023 15:52

The company faced challenging economic conditions in FY23and was not able to grow revenues and profits as intended, but they significantly reduced their net debt from the previous year. They invested in their European distribution infrastructure, but inflation impacted consumer spending across all markets and courier disruption in the UK affected trading during the busiest period. The company is confident of profitability recovering in FY24 with growth initiatives such as AV.com and continued focus on cost efficiencies. They recently launched their second hand-hand trade-in system which simplifies the process for consumers and they believe it will support a return to stronger growth in business. The company has taken decisive actions to ensure it is well-funded and positioned to return to profitable growth.....from WealthOracle

[saracen3] 06/4/2023 15:47

Someone just bought 10k a bit big for Jackson

[saracen3] 06/4/2023 15:23

6% spread makes shorting expensive.

Might see some Director buying.