Gear4music (holdings) Share Discussion Threads

[bigbigdave] 12/12/2016 10:57

Early January, so just over 3 weeks away. Expecting buying might pick up in anticipation of that statement.

[croasdalelfc] 12/12/2016 10:52

Last year was 10.5 million in Nov and Dec iirc so I would expect 12.5 million with 13 million exceeding expectations

[interceptor2] 12/12/2016 10:30

Thanks Lauders. I had forgotten that they had already said they would issue a trading update early January.

Good to have certainty.

[allstar4eva] 12/12/2016 10:28

Well placed to deliver and a actually delivering are two very different things. Obviously we all expect them to deliver but the share price does not suggest to me that it has been fully priced in therefore adding at these levels seems sensible enough to me..

[lauders] 12/12/2016 10:14

interceptor2 - They have more-or-less stated that already haven't they?

Commenting on the results, Andrew Wass, Chief Executive Officer said:

"I am extremely pleased that during the last six months we have combined strong trading with significant strategic progress, as we continue on our journey to be one of Europe's leading online retailers of musical instruments and equipment.

"Accelerating sales growth into Europe, which represented 40% of our total sales during the last two months of the period, has reinforced our decision to expand our distribution capacity in Europe and further enhance our customer proposition.
"To underpin our strong growth and physical geographic expansion, we are pleased to announce that our software development team will be brought in-house and, with further recruitment planned, expanded even faster to ensure we continue to build a market leading e-commerce platform.

"Whilst we continue to invest to grow the business it is pleasing to have generated significant profits during the last six months, when historically we've produced the majority of our profits during the second half of the year.

"Trading remains strong heading into our important Christmas period and the Board considers the Group well placed to deliver results for the full year that will be ahead of its previous expectations"

Gear4music will issue a trading statement in early January 2017.

[interceptor2] 12/12/2016 10:04

Added to my holdings in G4M this morning, the reason I have added now is because I wanted to to hold more going into the busy Christmas period, which is an important trading period for G4M. Last year they issued a trading update on 6th January and I would expect one early January this time.

FWIW, Expecting a rather positive trading update.

[croasdalelfc] 12/12/2016 05:34

No. 399 on Alexa now in the U.K. - that's up from 540 in 17 days.

[lauders] 08/12/2016 09:40

You are welcome cbootle! Happy to see the link was of benefit to you & also nice to learn of your experience. I joined you all in G4M a bit too late really. Had a chance at 300p area but did not take a position until recently at over 400p. Silly me! Anyway, I hope to do well here even though I joined late and may even top-up if we get an MM shake one of these days. Looks like you have done really well. What a nice little brother!

[taurusthebear] 08/12/2016 09:02

I agree. Passwords are often a recurring hassle on web sites I haven't used for a while.

One of the things that attracted me to G4M was the amount of time, and development, they had obviously put into their software platform before the IPO. The money since raised has served to speed up the commercial roll-out when much of the software infrastructure had already been put in place.

People who talk about limited barriers to entry for Internet retailers are not only overlooking brand recognition but a reliable, stable, multi-lingual, visually appealing platform, which doesn't materialise in days or months, but in years. :0)

[cbootle] 08/12/2016 08:53

Thanks for the link, Lauders (hxxp://www.sonicstate.com/news/2016/11/20/modal-craft-synth-a-super-affordable-diy-mono-listen/) - perfect for my little brother, a musician who introduced me to G4M, a little thank you to him! (27k up so far, so owe him more when I eventually cash in...)

Their website shows attention to detail and a trick I've not seen before. At the checkout, it first asked me for my email address, and then immediately recognized that I had an account with them and suggested entering the password, getting a new password, or just continuing as guest. That's neat - overcomes the problem with so many e-commerce sites where I can't remember if I have an account with them or not. After all, hadn't bought anything from G4M for about 2 years, when he asked me to get something for him.

[geheimnis2] 07/12/2016 08:11

I thoroughly enjoyed the pun?

[bigbigdave] 07/12/2016 08:04

Groan indeed........

[ayl30] 07/12/2016 07:59

Taurus, would be 'music to ones ears' if so (groan)

[taurusthebear] 07/12/2016 07:57

Does that mean it will have a similar market cap. to Amazon and Google by then? :0)

[croasdalelfc] 07/12/2016 07:38

G4M now 424 on Alexa. It moves up about 5 places a day so by March should be No 1 ;))

[thevaluehunter] 06/12/2016 19:23

In addition to alexa both semrush and spyfu are good free tools for tracking website traffic over time.

[lauders] 06/12/2016 11:25

The Craft Synth is so fresh you won't find it on their website yet, but you can see it on the Gear4Music.com site (for pre-order) in the UK. US retailer to announced shortly.

Craft is available for order in the UK at Gear4Music.com (expected to arrive 14th December) at the tempting price of £79.99

You can listen to a demo track of it on the link above. Seems okay and should help with the income over the Xmas period just in time for the "ahead" RNS in January ;-)

[melton john] 05/12/2016 14:48

Odopio filtered.

[martinthebrave] 05/12/2016 12:15

Opodio constant ramping on other threads = filtered

[bamboo2] 05/12/2016 11:23

opodio, added to filter list.
11, already on there.

[nurdin] 05/12/2016 11:02

Damn irritating.....please ramp them on the CAKE thread!