Gear4music (holdings) Share Discussion Threads

[bigbigdave] 26/10/2016 07:45

George O'Dowd eh? :o)

[battlebus2] 26/10/2016 07:36

I thought time was the clock of the heart :))

[che7win] 26/10/2016 07:12

What makes you think time is continuous? Isn't it discrete?

[taurusthebear] 26/10/2016 04:29

"Time will ultimately decide who is right."

Interesting statement, but it does tend to lead to the rather natural corollary: What exactly is "time"?

Without getting Eisteinian, time, as we know it, is continuous. Therefore it cannot be declared to be "ultimate". With regard to G4M, crystallisation of assets is only possible NOW, whether for profit or loss. NOW, being an instant of time, is of course continuous.

In terms of what you think you meant, I would call anyone who bought below 350p "right", as of NOW, they can sell at a profit. Therefore your version of "time" is meaningless.


Moving on, I notice Edmond Jackson wrote: "Mind, though, if profits take off there are no barriers to entry except rivals needing capital to get established."

How often did I hear the "no barriers to entry" mantra whilst ASOS was quietly thousand-bagging. It's laughable, really. It's as if such people completely ignore building a brand, customer service, complex website development (in different languages and currencies) and efficient logistics. They seem to imply that anyone can get up and running at the drop of a hat. I'm often cynical, but that is simply delusional.

:0)

[kcr69] 25/10/2016 19:55

Paulypilot

Would love to hear your thoughts on earnings. As a starter for 10 I see £3.0m full year 2016/17 and £4.5m (slightly finger in the air) for 2017/18.

Best wishes.

[allstar4eva] 25/10/2016 18:49

Agreed. Added today too...

[paulypilot] 25/10/2016 18:46

This is the first meaningful pullback we've had since 100p.

It's to be expected - at some point some people will want to take profits.

It's just background noise for long-term holders such as myself. Shares can't go up in a straight line forever.

I think the fundamentals here are fantastic, and the valuation still reasonable(about 20-30 times next year's likely earnings, by my calculations).

There's only one Director who matters - the CEO, and he still holds 39% of the company. The other sales were small, or the PE backer exiting (who happened to have a NED on the Board, so was classified as technically a Director sell, even though it wasn't).

Patience is a virtue with this type of stock, in my view.

Regards, Paul.

P.S. Will the person above who hinted that I might have sold please stop telling lies. I actually bought more today, and have no intention of selling any for the foreseeable future. Shares like this pay out big for people who are prepared to be patient, as we've learned from Asos, BOO, and others.

[mr.elbee] 25/10/2016 17:40

Since when did fundamentals determine anything in this market?. Take your well earned profit and dont be stupid.

[martinthebrave] 25/10/2016 16:31

Bought 7 times from 235p to 313p. Today I bought a few more. I will ignore the "noise" and sell if the fundamentals change. Currently they point to north of 500p IMO. I fully expect to "up" that target in January.

[taurusthebear] 25/10/2016 16:10

Not a constructive idea to tell people what to do with their money!

As for 5 years, I prefer to monitor company performance in real time rather than wear blinkers.

But in that realistic time span, G4M has got 6 quid written all over it, IMO, in the next 6 months.

DYOR :0)

[kpwf] 25/10/2016 15:59

I don't know why everybody is getting so excited on this board. G4M has good long term potential. Just sit tight and see where you are in 5 years. If you want to gamble, go to the casino and have a go on the roulette wheel.

[taurusthebear] 25/10/2016 15:58

Inevitable blip. Onwards and upwards. :0)

[larva] 25/10/2016 15:35

prob PS lobbing

[ksharlandjiev] 25/10/2016 15:29

Clearly emotions are playing part here, which is understandable especially for newcomers.

No matter how good the business is... If all NEDs, EDs and the Chairman of the company is selling, the price will inevitably go down! If your expectations was different, perhaps you were living in a dream world and it's time to wake up.

Always remember, whats goes UP, goes also down and nothing is moving in a straight line.

PS: I'm not holding any position in this company... I'm just giving my thoughts.

[joharris] 25/10/2016 15:22

Are you all children on here ?

[kcr69] 25/10/2016 14:49

Che7win

I am not the one who is making assertions about others thought process, 'board status' (highly amusing), stock holding, portfolio make up, emotional well being....need I go on.

For the record I do listen to facts, but only if I am actually presented with them.

Best wishes.

[dibbs] 25/10/2016 14:31

Che7win, are these lessons you learned from your IOF love affair?

[allstar4eva] 25/10/2016 14:25

Seems to be bouncing on the trend line here. Overbought but not overvalued imho. We'll see what happens next...

[che7win] 25/10/2016 14:17

Not facts, that's judgemental prejudice.

You have decided to elect yourself to be the group think spokesperson on this board.

You don't want to listen to the facts, the business will ultimately decide the share price, not you or I. Just because I think G4M is overvalued doesn't mean it is, neither does your bullish stance mean you are right. Time will ultimately decide who is right.

You seem very emotionally attached and protective, lighten up a bit.

A little word of advice, don't have all your eggs in a few companies, it's dangerous.

I happen to think G4M is a great business, just got ahead of itself hence the +40p fall today - FACT.

[kcr69] 25/10/2016 14:14

On a completely separate note, surely a rather large sell trade has to be reported at some point today or even tomorrow. Just doesn't seem like enough volume today to have created the scale of retrace witnessed so far? I know I am being repetitive on this, but I would really like to know where 5.5m shares went last week in what was clearly 'off open market' trades.

[kcr69] 25/10/2016 14:09

Che7win

Fact. Your understanding of the English language is clearly very different to mine.
Fact. Your interpretation of market events is very different to mine.
Fact. The directors exchanged 6% of their holding for profit, an ideology that I believe is appropriate when an individual buys and holds shares.
Fact. The directors, as of last week, clearly did not want to 'dump' 94% of the stock that they hold in the company.
Not a Fact. I can only assume the directors view the 94% of stock that they retained, as not worthless, or something that needed to be disposed of in a quick or hurried fashion.

Facts are fun don't you think?

[che7win] 25/10/2016 12:45

Directors were dumping below this price last week. ...fact

[kcr69] 25/10/2016 12:09

mr.elbee, while your previous post made me smile, I think you are now tip toeing into a fantasy world where reality seems of little consequence. Profit taking and retraces on stellar growth stocks is absolutely inevitable. No issue there. But even at £4.25 G4M was never in a bubble, and there isn't a great deal of mileage for 'shorters' given 33% of the company has just exchanged hands at £3.00 to £3.60 and at least 65% of the equity is in the hands of the CEO and 4 institutions. I say at least as we are still to find out who bought 5.5m last week, but it unfortunately wasn't me. Genuinely good luck to you though if you are going to give it a go.