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Will be £10 in 6 months.
LTHs, its not a day trade though
Current and forward trading looks v impressive with significant margin improvement.
Looks like the turnaround is well underway.
day traded, spread too wide
Exceptional demand in April and May that has continued through to June!!
No reason why not!
Not long to wait
For a re-rate if results are good tomorrow and current trading is positive!
Exactly! If G4M can start making some good margins and maintain them as well as maintaining Top line growth it should get back up to previous highs comfortably
But can't get any stock. Lowered to £3.5k and still couldn't get any :/
Must be a shortage of stock
A couple of £7.5k's @ circa £2.89.
Wouldn't let me buy £15k in one go? weird
Into G4M just before results on 24th.
I think reading the Y/E trading update from April it seems like they're doing some good things now and getting the business back on track to profitable growth.
Seems like people here are of a similar opinion.
The margin increase is a solid achievement from management who have risen to the challenges. Having overcome some pretty big growing pains, G4M look stronger and hopefully poised to resume their interrupted trajectory with enhanced distribution and logistics capability.
Being new to this share, I'm very happy with this mornings RNS, looks great for the future when many companies are struggling.
Yes and very little chance of picking up bad debts which is an issue for so many
Turnover up 9%!
Profit up 26%!
Trading even further increased during March as a result of more people being home and want musical instruments during these dark times, this share could be a very safe haven as an investment during the coronavirus.
Great to see G4M back in super profit with more cash in the bank.
saturday all asleep.
NO SHARE TRADES SHOWING FOR 18/4/2020 ( SCREEN INDICATES 17 TRADES ) ?????
I suspect it's not just boredom: what on earth do you do with fractious kids stuck inside all day long? If you play, surely you think of using this time to start them off?
Creativity is really on the rise.
Another encouraging update, and it sounds like MrCHIPS was in harmony with management thinking, they have adapted well to the funeral march: New Orleans style rather than Chopin.
I think with people stuck on lockdown that we will see quite a few people using music to relieve the boredom.
G4M being online I think are ideally placed to increase their customer base and sales
A bit of clever marketing to get people to use music to lift spirits could work wonders on the share price
I bought these shares at £3.20 around 2 years ago and within 12 months they went to £8 based on a growth projectory which never quite happened - lots of sales but not a lot of profit. Shares then dropped accordingly and I was lucky to get out at around £5 so made a bit of cash. I have since bought back in at £2.20 as their profits are ramping up where they were projected to be and can see this stock quickly recovering north of £5. Over the past 6 months they have started to hike their prices and increase profits. This will ultimately reduce costs and help drive a better ROCE which will be great for the share price.
Disappointing news this morning after strong share price gains, hence the collapse towards the 200 mark again. Revenue down prediction for next trading year has to be a worry going forward. Much now rests on strong post Xmas trading figures for any chance of reaching that target price of 300 anything beyond that now looks un- achievable in the next 18 months.
No stopping until 500p...ok.
what do you sorros as expected!
much as expected....