donna blitzen
19 May 2017
Placing of new shares. Wow, that was quick. Intention to place announced one day and all done and dusted the next - and oversubscribed too. Furthermore the sp has risen this morning in response, so it seems that recent discussion as to whether it was 'high enough' was a little premature. There seems to be plenty of confidence that this company has good future growth ahead of it.
donna blitzen
18 May 2017
Re: High enough? Again, perhaps not if institutions are happy to subscribe 690p to take up the shares proposed to be offered in a forthcoming placing - which seems to be the case - and the company uses the proceeds to pursue further expansion rather more rapidly than would otherwise have occurred.
pharmaspecialist
16 May 2017
Re: High enough? I would suggest that on today's p/e of over 60 it's probably high enough but with commentators such as Edmond Jackson and Paul Scott enamoured with the shares it may well go higher. For myself, I prefer another music company, Focusrite, which has a lower profile than Gear4music and much lower p/e and, in my opinion, a more sustainable competitive advantage.
donna blitzen
15 May 2017
Re: High enough? Perhaps not. Just nudging an all time high. Blue sky above if it has another good day or two.
LoveMusic
14 May 2017
Re: High enough? If he had held them until today and sold them at 6.70, he would have made around 107k instead of around 65k, which works out at about £219 per day since the day he sold them.So evidently a director sale does not necessarily mean that everyone else should throw in the towel and run for the exit...Love Music
winningstreak
13 Mar 2017
Wobbly ship This ship somehow feels too wobbly for me. I bailed out.ws
