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Share Name Share Symbol Market Type Share ISIN Share Description
Stanley Gibbons Group Plc LSE:SGI London Ordinary Share GB0009628438 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.25 3.00 3.50 3.25 3.25 3.25 101,958 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 13.2 2.5 -0.6 - 6

Stanley Gibbons Share Discussion Threads

Showing 7851 to 7873 of 7875 messages
Chat Pages: 315  314  313  312  311  310  309  308  307  306  305  304  Older
DateSubjectAuthorDiscuss
23/1/2021
15:08
Jasdan and dgjaanb an a b . I agree with you for once . People who think Stamps are history , are people who believe their world is every bodies . The thing with Stamps at the moment , I can buy very good quality stamps and negotiate a discount of around 10-15 per cent . Stamps up too about the £200 pond mark , Stanley sells mega stuff . most of it I cant afford. I will stick to my observations though, that higher end stamps have been very slow to sell for a long time . Retail prices that is . The Problem for SGI is enormous debt , overheads to cover and Corona . Eg The new investment in the shop may not bear fruit for several years ?.. Also the Auction system has to be re-jigged to accommadate. Corona . I think its still debatable if it will continue as a going concern. Regards All
superiorshares
20/1/2021
16:58
Ebay hs often around 7m items on sale, I think you would find it hard to say the hobby was unpopular! Many items are bid sharply higher, there's clearly always demand for decent stuff. As people get further into the hobby, they have to use a proper dealer for really decent items, and this is where Stanley Gibbons comes into its own as everything is guaranteed. You would not want to buy a £1000 item afterall without wanting proper assurance it was genuine. In the lockdown there has been a widespread increase in this sort of collecting style hobby and it has been documented in the press so I cannot see what the mystery is all about. Stanley Gibbons only sell the finer items so there should always be a market for these, nowadays with increased internet use there are increasing wealthy Indian buyers around for example, a very much changing demographic compared to even a few years ago.
jasdan
20/1/2021
16:37
I have spoken to more people than I expected who have club collections. The last one was in Germany where I was working and a colleague mentioned it at lunch. Obviously I gave him the shrapnel in my pocket and he was chuffed as anything. So I think the idea stamps and collecting are not fashionable isn't quite as true as good think. The colleague in question was in his 20s, most of the others were similarly young. Yump's son might be astonished, but I'd be careful to check it's still there been time antiques roadshow comes to town :)
gbjbaanb
18/1/2021
20:36
Jasdan The suspending of the next auction. That 16p level you need to break even is looking evermore a distant wish .
superiorshares
17/1/2021
18:15
Trump I would not take advice off Jasdan on anything :-) To your comments with regard to demographics and stamp collecting, coins and I will include collectibles. To believe everybody will have two thumbs stuck to their smart phone imminently :-).. Is not very smart ! Sorry I can't get the great man of my mind. It is a message for yump .
superiorshares
16/1/2021
17:20
I see what you mean now about assets. I suppose like all assets it would depend on the credibility behind the asset - as in belief, rather than intrinsic value. Do you happen to know whether the price of eg. rare stamps has been more stable than currencies or gold over say 3 decades. If BTC is very volatile, but the miners don't like the look of fiat currencies, then other assets might be attractive to store value. The risk might be something as simple as the stamp-collecting fraternity with money, just gradually dying and not being replaced by new collectors, as its not fashionable any more. I've not read anything about demographics, but its possible the writing is on the wall. I presume there have been endless debates about the longevity of stamps and coins as an asset as the stamp becomes less interesting to each new generation. "You've got a what ?" said my son in astonishment some time ago, when I said the attic contained a stamp collection.
yump
16/1/2021
14:41
Restrictions to be eased in mid February - just announced on radio!
jasdan
16/1/2021
14:38
Yump, I think you’ll find stamp buying and selling is stable on the internet, but for many dealers such as SG, their shops are also important, and these are closed at the moment. I suspect there will be a very rapid turnover increase once the shop at 399 Strand reopens, for example. The bitcoin discussion was a debate on how SG could perhaps grow its turnover by providing quality assets to companies like ARB for them to hold supporting the value of their assets. Currently a number of these types of companies hold a percentage of their assets in bitcoin, but there’s logically nothing to stop them also from holding reserves of rare stamps and coins. It would boost turnover considerably.
jasdan
16/1/2021
14:17
ARB do not have a blockchain - they are a bitcoin miner. I suggest you read up a bit. Just dropped in as I have a stamp collection - seems to have gone a bit wrong here, I'll have to read more. I thought stamp buying/selling might be quite stable for experts.
yump
15/1/2021
23:20
I think SG is missing a trick here. They should be offering tranches of stamps and coins to these bitcoin outfits for use as collateral to the bitcoin chain. Outfits such as ARB are looking for quality collateral to back their blockchain. What better assets than quality stamps or coins?
jasdan
15/1/2021
20:43
Jasdan I seen something about British Banks are to bar bitcoin profits being deposited in their banks . Maybe that was where the Stamps and coin story developed from ?
superiorshares
13/1/2021
09:42
Interesting discussion on LSE about stamps and coins being used as a possible underlying investment to back Bitcoins and to link stamps and coins to Bitcoin. That would fire up the share price! Perhaps someone should discuss it with SG and see what is possible? Of course, any Bitcoin related scheme should not give any unlimited liability issues like the old investment guarantee scheme which became a noose around SG's neck. Still, if lessons have not been learnt from that debacle I'd be very surprised. That was a flawed model that perhaps can be drawn on and amended, with the liability implications amended so that SG is protected this time round?
jasdan
05/1/2021
07:46
Jasdan Now that the shop is closed again :-)
superiorshares
07/12/2020
12:49
The consequences of that is that SGI will simply have alot more Chinese focus to their sales (China seems unaffected by the economic impact of the virus, strange that :) I'm not even sure children build train sets anymore, virtual ones perhaps, but the physical models are more an adult thing - in the shed, by people with money to spend on models and suddenly time to waste on such hobbies.
gbjbaanb
06/12/2020
09:57
Jasdan Hornby. I think benefited because children were happy to build Rail layouts during lockdown . If you asked them to collect stamps might be a different matter ? My own opinion of the Global Stock markets is they are silly over valued ! . Should they correct and I think they will ?.. That`s where I think the mkt Cap will fall back to about 5 million . It was nearly there during lockdown , I think it will re-visit that . I am with you on the shop , very nice . I also think the Stamp offering is awesome !.. But they are very very pricey . Free movement of people gave you Coronavirus and it is going to cost Trillions and Trillions !.. I think sleepy people have yet to understand the consequences of that .
superiorshares
03/12/2020
11:23
On the contrary, now the vaccine's out, one can expect older collectors to start going out again, fairs and exhibitions to restart and SG's shop to get more footfall. That is in addition to the heightened exposure their website has had during the lockdown with all the new collectors / younger collectors collecting on line.... Phoenix is a red herring in all this. They have stated publicly that they are 100% behind SG long term so do not expect any issue in March with the covenant testing, if anything they will probably agree to additional liquidity. The shame is that if COVID hadn't arisen this year, by now we'd probably be seeing SG starting to trade in the black again. This has delayed this, but as things reopen and life starts going back to normal I would expect SG's turnover to rally substantially. This should start rallying further once investors get wise to things. If it becomes anything like Hornby - Phoenix's other big investment, we should be expecting big things in the near future.
jasdan
02/12/2020
21:37
I see it falling to around 5 million mkt cap , if we get a global stock market sell off ?. Don't forget the borrowing of money to dump into the markets can't go on forever.
superiorshares
02/12/2020
21:14
Falling? It's up from 2.8p,
gbjbaanb
02/12/2020
20:35
Jasdan after all these years you are still going on. All this debt SGI owes phoenix . How much did they pay the bank for it ???.. Ten per cent of the total value max !
superiorshares
02/12/2020
12:18
The falling share price seems to suggest investors agree with my view.
creme de menthe
28/11/2020
12:23
A more balanced write up of the results can be read on the Armchair Investor site.
jasdan
28/11/2020
12:04
I expected the half year report to be bad and it was. The company was in breach of its covenants and managed to obtain a waiver from Phoenix. The company is also going to draw down another £2m, the last of its remaining facility. Sales were down in nearly all areas but particularly in Philatelic sales were I note only £100,000 of the £5m new stock on consignment was sold. I also see that SG is making much of an increase in its online sales. It hasn't put figures out on these but I can. They managed to increase online sales by £290,000. Not great when overall sales are £5m. Jasdan mentions good auctions. The SG auctions are truly awful imo. Look at Feldman or Corinphila or Grosvenor or Spinks. All of these produce great catalogues, Named collections and multi million dollar a year turnovers. SG auctions is a faded shadow of these. Investors have treated this share with the contempt it deserves and sold on News. I can see it falling back to the 2.5p level again. 2023 is a key year. Phoenix needs to be paid back £14.5m. I wonder if they extend the deadline.....
creme de menthe
27/11/2020
18:07
Nice to see that SG have a couple of good auctions going on currently with a varied choice of material
jasdan
Chat Pages: 315  314  313  312  311  310  309  308  307  306  305  304  Older
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