Updates

Gear4Music

May 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

A main profile at 245p in Jan’ 20, in the January 22 issue at 680p I said to lock in profits as, “This one has been accident prone in the past so I would be inclined to lock in some profit if not already done so, to leave a free carry.” Before that, I had suggested locking in profits at 800p in Feb’21. So not a total surprise to see the shares hammered after G4M said FY22 financial performance has been impacted by weaker consumer demand during February and March. It expects the trend to continue and said, “short term inflation-linked overhead cost pressures and weaker consumer confidence” means it is guiding expectations for FY23 lower. Very useful profits have been had. I am dropping update cover. ...

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Solid State

UP Global Sourcing - Salter acquisition helps take margins to new record

Gear4music - Net debt falls £3.6m in 6 months (November 2024)

Gear4music - Time for a second bite at the cherry (August 2024)

Gear4music (January 2022)

Gear4Music (February 2021)

Gear4Music - Earnings forecast upgraded by 138% (August 2020)

Gear4Music (May 2020)

Gear4music (February 2020)

Gear4music - European rival falls into administration (January 2020)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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