Morning all!

Gear4Music ( £G4M ) – 187p – £39m – PER 25.5

Trading Update – Trading in-line with FY expectations.

This is encouraging and means I will have a greater interest in seeing those actuals now.

Shoe Zone ( £SHOE ) – 192p – £96m – PER 11

Trading Update And Board Changes – Chief Exec resigns and FY will be below expectations with no Special Dividend this year.

EPS was already forecast to be down on last year here so this is definitely not for me at present.

As always, all comment most welcome!

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