ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

SGI Stanley Gibbons Group Plc

1.60
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Stanley Gibbons Investors - SGI

Stanley Gibbons Investors - SGI

Share Name Share Symbol Market Stock Type
Stanley Gibbons Group Plc SGI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.60 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.60 1.60
more quote information »

Top Investor Posts

Top Posts
Posted at 22/7/2022 16:36 by sikhthetech
Not surprising Phoenix have decided to take this private.. They were always pulling the strings and probably think now's a good time to restructure it before selling it on.



sikhthetech - 03 Jan 2022 - 16:47:45 - 4663 of 4884 Stanley Gibbons -
Lots of discussion on the 1c and the fractional ownership.

I decided not to buy into the share (Fractional ownership) of the 1c BG stamp because of the lack of market place. They should have created the marketplace before offering the share.
I was tempted as I could say I own a piece of the "world's rarest stamp" but I thought it better to own stamps which can be easily sold later.

If they do create a functioning marketplace then I'll look at buying, even if the price is higher.

The positive I saw was that it gets more collectors and investors (ex and new) looking at buying or collecting from SG shop/website. Increasing footfall to their shop or increasing internet sales can't be a bad thing. That in turn should lead to higher sales and hopefully higher revenues/profits.
Once they have a functioning market place they could offer many other rare collectable items aside from stamps.

The problem SG face is Phoenix are running the show.

So there's some positives but still many challenges. It's still a gamble as to which way the company goes and entirely dependent on Phoenix.
Posted at 22/7/2022 10:22 by adrian j boris
PROACTIVE


Jai Singh

10:05 Fri 22 Jul 2022
Stanley Gibbons jumps as it plans to de-list

A look at the major share moves on the London market on Friday
Stanley Gibbons -

Stanley Gibbons (AIM:SGI) Group PLC jumped 3% to 1.5p after telling investors it plans to delist from the AIM list.

It has been asked to do so by Phoenix Asset Management Partners, on behalf of the company’s biggest investor, Phoenix SG, which owns 58% of the philatelic, coins and medals specialist.

It is seen as cost-effective to exit the market, a move it hopes will also help stem the “negative operational influences on the business”.

A process will be put in place that allows investors who do not want to hold unlisted stock in Stanlet Gibbons to sell their shares.

Mirriad Advertising nosedived 37% to 9.1p after announcing it expects to generate £2mln in revenue in 2022 as it moves away from the Chinese market.

The digital advertising company plans to double down on the US market, where turnover grew 57% in the first half of the year, and away from China following the country's stringent Covid-19 lockdowns.

"Mirriad is extending its lead in the in-content advertising market with an augmented focus and position in North America," said Stephan Beringer, chief executive of Mirriad.
Posted at 30/5/2022 11:10 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 10:39 by jasdan
I think you will find that the fall in the shares matches a very rocky period in the more general stock market and many shares have also fallen by a similar amount over the last few months.

There's in fact very little trading day to day in the shares, but many appear to be watching on the sidelines. If a big buyer emerges for example, others quickly put through a buy order.

I also think the increasing fractional sales must lead to increased investor interest in these shares. Seems logical enough but has yet to happen.

Phoenix have repeatedly said they are in this for the long term, and I believe them. Given they spent £19.45m buying their original 58% stake, I'd say they had a lot to lose from delisting the company.
Posted at 20/4/2022 18:53 by superiorshares
Gbh2
I have been on this thread for years . I'm
A philatelist you see .
Unlike yourself , who along with Jasdan , pumped your 2 bit wealth in and caught the falling knife :-) .
If you go back on my posts . You will see I shorted this at £2.97 . Wasting my time :-)
No I don't think so Luvvie !
Now Jasdana . If you go back over our posts , about 4 years isn't it ?
You will note every single opinion you offered on Sgi was wrong !
And every single opinion I offered was right .
You are the epitome of a Europhile wrong
About everything, although they do excel at fiddling expenses paid for by their mugg taxpayer supporters.
OK investors here is the latest opinion
From Superior .
A 5 million makes cap imminently.

Don't fight the fed
Don't fight SS
Posted at 19/4/2022 21:53 by superiorshares
Jasdan.
I didn't think SGI had any instutional investors ?
Posted at 19/4/2022 19:42 by jasdan
Clearly that is the case. There do not appear to be any institutions trading the shares so today’s movements arise from private investors buying and selling only.
Posted at 11/11/2021 11:57 by ternian
Jasdan - why do you keep saying ownership? You do not own ANY part of this stamp and NEVER will. Only lemmings who believed Showpiece's misleading advertising and never bothered to read the woeful PDS believe they own this stamp.

Since there is no blockchain, its unregulated, and there is no title deed, this is dodgy as. After 6months of advertising, you think 1000's of people held off just to pay a higher amount? And Showpiece NEVER mentioned these figures as much as they like to brag.

So lets assume they sell ALL pieces. You know what the investors get? ZILCH. Phoenix get back their money and the stamp passes to SG legally so they can try and sell it. A £6.2m liability on the SG books. Phoenix are the only ones laughing here. Investors will just need to wait "indefinitely" until SG decides to sell.

I have no doubt Phoenix has whipped up a few investors in their pools to offload this dud once they changed the terms of the loan due to fractional ownership which is...58%. Think about that.
Posted at 09/11/2021 15:07 by magpie52
Sikhthetech you make some interesting points. You're right that the NFT gives the opportunity to purchase part of the rarest stamp, but I'm not convinced that this would be of interest to collectors (who, as you suggest would like the best whole stamp that they could afford), even if it is attractive to investors.

The problem with previous attempts to get investors involved in the philatelic market has always been that without a base of actual collectors wanting (and able to afford) the stamp, it's always fallen apart when the investors want to sell. At best there was a huge spread between the selling and buying price, at worst the market plummeted. That hopefully won't be the case for NFTs.

I don't think that the Queen is likely to part with any of her collection so I think you'll be disappointed there!
Posted at 09/11/2021 14:24 by sikhthetech
I think there's different ways of looking at this.

Type of collector:
Collectors often buy a stamp or other collectable just so they own it. So many would buy a low grade Penny Black just to have it in their collection and be able to say that they own a Penny Black.
Serious collectors will buy the higher grade stamps etc, eg mint.

Investors will only buy the rare perfect stamps which they believe will appreciate in value. The ones to own.

I remember I received a facsimile of the 1d G stamp when I visited the Postal museum when I was a kid. I was really happy to own a piece of history, even if it was copy.

The nft gives all collectors/investors an opportunity to purchase a piece of the rarest stamp in the world.

Will it be a good investment? I'm not too sure. The seller lost money from the price he/she paid years ago. By having it available for viewing and as nft, it may increase interest.

The more interesting points are:
1) will it increase footfall to the Shop and therefore sales.
2) will it increase interest in physical stamps by investors who currently don't consider it as an investment.
3) The publicity around nfts might just re-ignite interest in stamps and coins by youngsters.


I hope it leads to more nfts of investment grade very rare stamps and coins. I'd like to be an owner of some.

Maybe some of the Queens collection will be next???

It's early days but interesting times.

Your Recent History

Delayed Upgrade Clock