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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Stanley Gibbons Group Plc | SGI | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
1.60 | 1.60 |
Top Posts |
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Posted at 25/7/2022 19:34 by superiorshares Clock towerI don't think the latter events regarding SGI were due to being clueless ? I think phoenix knew exactly what they were doing . If you go back on my posts maybe a couple of years I thought that Phoenix would end up with the World's best stamp collection, for the equivalent of peanuts !. The earlier mess with the guaranteed investments , I think was the guvnors ego . Not a new thing in the stock market World. But again who bought the stamp collection of the recievers for a song ? That's right Phoenix |
Posted at 08/6/2022 06:22 by superiorshares Creme de menthePhoenix owns everything. If the stamp Isn't sold in 5 years , it is returned to Phoenix. If it is sold, then Sgi gets 50 per cent of the profit ...that doesn't include Capital, just 50 per cent of any profit . |
Posted at 03/6/2022 09:38 by creme de menthe No marketplace for the British Guano stamp. No surprise there as sellers would immediately devalue the remaining approx 65,000 unsold fractions and I am not entirely clear whether SGI or Phoenix owns those. |
Posted at 01/6/2022 21:30 by retriever1 Still clutching at straws Jasdan! SGI is now down 50% since February while the market generally is still going strong and in the right direction. What feeble excuses can you come up with this time? Never mind - the year end results will be out soon and then we can see where the company is heading. My money is on South. |
Posted at 30/5/2022 10:10 by ochs Thanks for all your comments, very helpful. SGI down again today, on another day of rising markets... I wonder if the below from the April statement could be the problem? Has there been any progress since? - I wonder how much the claim would be for?"Also as previously reported in the Interim Report and Accounts, in September 2021 a previous investor of Stanley Gibbons (Guernsey) Ltd (In Liquidation) has lodged a claim against The Stanley Gibbons Group plc in Guernsey. The Board has sought counsel opinion in both the UK and Guernsey and continues to believe that the Group is in a good position to successfully defend the claim." |
Posted at 27/5/2022 10:36 by retriever1 Jasdan, Are you on another planet? Between Feb 10th when the FTSE hit a high for this year and now when it is almost back to the same level there have been some ups and downs I will give you that BUT SGI has fallen from 2.5p to 1.5p over the same period. Personally, I don't need a calculator to work out that that is a fall of 40% over the same period. I am sure that some other shares have also fallen by the same amount but the overall market is still strong. Your comments are very wide of the mark I'm afraid. |
Posted at 02/4/2022 20:14 by creme de menthe Jasdan, you really are spouting complete rubbish again. SGI acquired the BG stamp with a $8.3m interest free loan from Phoenix. Kindly explain why they are not liable for this debt?Also SGI have sold 15.8% of the Shares on the BG stamp, or approximately 12,600 shares, most of those at the discounted price of £90. Remember SG are keeping 49% for themselves. By my reckoning, SGI have managed to get back roughly £1.2m so their liability is still in the region of £5m. They need to sell an awful lot more fractions to cover it. I think the jury is still out on this one but to say SG has no liability is nonsense. |
Posted at 17/2/2022 07:41 by creme de menthe Superiorshares is largely correct. Phoenix owns the SGI debt which it bought cheap and is making a decent return from the interest and subsequent loans of stock.Obviously it is in Phoenix interest to keep SGI as a going concern and promises of some sort of gross profit from the company are useful, but facts are facts, SGI is bankrupt, is being kept afloat by Phoenix, SGI owned stock has been run down, and shareholders won't be getting a dividend any time soon, if ever. |
Posted at 17/2/2022 06:47 by superiorshares BobexTake this advice if you are wise.? Do not listen to Jasdan . If you trawl back through these posts on here for about 5 years , you will see myself and Jasdan . The Luv has never been right about anything !!!! For example the latest waffle . Phoenix providing support to SGI , to buy the 1c. They didn't..Phoenix owns the 1c Phoenix put money into SGI to stop it going bankrupt. If you scroll back to those days. Jasdans post will maintain that Phoenix bought SGI debt of the banks for the full amount 10.5 million, I think it was ? The reality Phoenix provably paid the banks 5p in the pound for the debt. Which the banks had given up on SGI as a lost cause. Phoenix directly owns a lot of SGI high end stock. Check out the Jersey affair . Phoenix has a hold on everything that is left in SGI . So you should listen too ALS a bit more I reckon . Ps . From Jasdans past posts . You will note . The Luv has been buying in from about 20p all the way down !!. Telling everyone to follow 😀 Bobex beware JASDANA.. The Bernie Madoff of SGI |
Posted at 24/1/2022 00:12 by superiorshares ShreddingGreenI agree with you . Purchasing the 1c was a Fine piece of .....not management though , a hedge fund style gamble . Phoenix owns this stamp not SGI . Phoenix also owns a lot of the high end stock . If you remember they purchased it off the recievers...Jersey Gate affair. Should Sgi go bust ? .. all of these items will remain with Phoenix. Sgi is only trying to sell it all for Phoenix, they just get commission. Now does anyone want to comment on the fact SGI is not delivering customers orders from the publications and accessories department. That in the circumstances is an intriguing Concern . |
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