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G4M Gear4music (holdings) Plc

160.00
0.00 (0.00%)
Last Updated: 08:00:01
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gear4music (holdings) Plc LSE:G4M London Ordinary Share GB00BW9PJQ87 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 160.00 0.00 08:00:01
Bid Price Offer Price High Price Low Price Open Price
155.00 165.00 160.00 160.00 160.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Musical Instrument Stores 144.38M 651k 0.0310 51.61 33.56M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 160.00 GBX

Gear4music (holdings) (G4M) Latest News

Gear4music (holdings) (G4M) Discussions and Chat

Gear4music (holdings) Forums and Chat

Date Time Title Posts
21/11/202407:55GEAR4MUSIC3,858
25/11/202211:55Recovery Stock5
10/1/201913:54gear4music-
29/7/201802:05Gear4music (G4M) One to Watch on Monday -
09/8/201520:27Games 4 Music5

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Gear4music (holdings) (G4M) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-11-20 16:23:48156.757,50011,756.33O
2024-11-20 16:08:00165.001219.80O
2024-11-20 16:02:40165.003659.40O
2024-11-20 14:25:35164.005,0008,200.00O
2024-11-20 14:10:22164.001,8373,012.68O

Gear4music (holdings) (G4M) Top Chat Posts

Top Posts
Posted at 21/11/2024 07:55 by saracen3
I believe G4M are actively trying to compete again in Europe now that some local price wars are over. Gross margin is very important to them
Posted at 22/10/2024 09:10 by saracen3
hxxps://www.gear4musicplc.com/media/1381/g4m-gently-growing-into-the-new-growth-strategy-22-oct-2024.pdf

Progressive Note is upbeat
Posted at 07/10/2024 18:06 by saracen3
Market makers setting the price around buyers limit
Posted at 07/10/2024 17:26 by thaiger
Ronit Capital LLP increased holding by nearly 2% yet share price is down?!?
Posted at 06/9/2024 08:46 by basem1
Bought a few more see if that helps the price Call me impatient
Posted at 06/9/2024 06:33 by saracen3
Singers Gear4music (G4M LN)

Follow to Open Report

Retail | Corporate Client

Mkt cap: £39.3m | CP: 187.5p | TP: 245p
In line update and on track to revert to growth in H2


Trading so far in H1 has been in line with expectations, and G4M remains confident in the delivery of its medium and longer-term profitable growth strategy. Today’s AGM update indicates that results from this renewed focus on growth are expected to start in H2. We outlined the potential from the growth strategy in our last research note, confidence in which led us to upgrade our target price for a second time in quick succession. We re-iterate Buy.
Posted at 25/6/2024 07:15 by saracen3
More detail from Singers

Gear4music (Corporate). Has issued prelims and a positive growth strategy. On sales that declined 5%, adj EBITDA increased 34% to £9.9m or £7.8m pre-IFRS16, a 190bps margin uplift to 5.4%. Adj PBT improved £1.5m YoY to £1.1m (vs £0.4m loss LY) including a £0.2m non-cash FX charge. Given further progress was also made optimising w/c, with stock down £9m (25%), G4M delivered a £4.5m cashflow beat versus expectations prior to the pre-close. ND reduced £7.2m YoY to £7.3m, and by £17m over 2 years. A great performance and it still retains >£7m freehold property. Enhancements to its tech platform and distribution network in the last couple of years have increased the group’s competitive advantage. Following decisive actions to also improve margin and efficiency, G4M is therefore well-placed for profitable growth, and has refreshed its growth plans. These are built around 1) Transforming its platform, with AI at its core, 2) Enhancing its product offerings, 3) diversifying its channels to market, and 4) Expanding its sales verticals. With a lot of the investment and changes having already been implemented, this gives G4M a clear and profitable growth runway. G4M is confident in delivering further improvements in performance. We make no change to Mar’25 forecasts, which assume >150% EPS growth underpinned by improved margins and cost initiatives, which only delivered a part-year effect last year. On balance we see potential risk to the upside. We have introduced Mar’26 forecasts, assuming 55% EPS growth driven by <4% sales growth and a 30bps EBITDA margin uplift to 6.4%. We expect G4M to have nil ND. We also give an illustration for Mar’27, outlining scope for 20p EPS (70% 3-year CAGR) and inflect to net cash (£5m). G4M trades on 3.3x EV/EBITDA reducing to just 2.7x next year, helped by the substantial ND reduction. After rolling forward a year, and using an unchanged multiple of 5.0x EV/EBITDA, our 12 month target price has been upgraded by 23% to 245p. This is the second upgrade in 2 months and still leaves plenty of room for future rating expansion as confidence in profitability, leverage and growth builds
Download Gear4music (G4M LN) - Turning up the volume – add to playlist - Buy
Posted at 25/6/2024 06:28 by saracen3
Gear4music (G4M LN)

Follow to open report

Retail | Corporate Client

Mkt cap:

£27.3m | CP: 130p | TP: 245p
Turning up the volume – add to playlist


G4M has successfully improved margins, profitability and FCF. Alongside w/c optimisation, there has been a significant reduction in ND, which we now expect to reduce to nil in 2 years, addressing a pivotal issue for many investors. Enhancements to its tech platform and customer proposition have been made, and strategic initiatives are now starting to bear fruit. This gives management the confidence to refresh its growth strategy, which points to a 3-year EPS CAGR of c70%. Trading on 3x EV/EBITDA and with a PEG <0.2x now is the time buy, with a near 90% TSR on offer compared to our target price which has been raised for a 2nd time to 245p.



Analysts:


Matthew McEachran: Direct: +44 20 7496 3076 | Email: Matthew.McEachran@singercm.com
Posted at 08/9/2023 08:07 by darrin1471
"we are prioritising increasing gross margins and cost base reduction to improve profitability, ahead of revenue growth"

There does not appear to be anything company specific to move the price up over the next few quarters.
Online only retailers do appear to have a capacity to reduce costs in times of reduced growth.
I still feel G4M has the opportunity to grow when the time is right. Now feels like a time to cut costs and preserve cash.
We may need a change in sentiment in UK online retail to kickstart the G4M share price.
I have reduced my G4M holding to a small "keep an eye on stake"
Posted at 27/6/2023 14:19 by darrin1471
the G4M 200ma is currently 103p.
G4M has not been above the 200ma since 11/2021 (900p)
G4M has remained above the 100ma since 02/05/23
50/100/200ma are all currently between 95 & 103p
The G4m share price appears well supported within this range.
L2 looks becalmed. Buy orders 90-95. Sell orders 100-105.
I tried a test buy today but could not get a price for £500 of stock. I was offered 97.75p for all the stock I had.
Could be the calm before a storm.
Gear4music (holdings) share price data is direct from the London Stock Exchange

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