Stanley Gibbons Share Discussion Threads

[abergele] 27/5/2005 09:48

interesting article,mgpp.

my point on the issue of Lloyds syndication of the insured stamps.in the article is..

I myself have insurance on my stamps, as I feel the premium paid and taken by the insurers, is a contract , for say £25- for a insured sum of £5000..

If I have to claim, I should be paid out the £5K, not having to prove their worth in a catalogue,(only the loss), as I took out a contract, and its (their)obligation to pay out, I certainly wont get more than the sum assured, so why I should be paid less ,This would be no more than theft of my money..

The insuranace companies will have to raise their premiums if they are not happy, then we know the score, or shop about for a premium we can pay with satisfaction.

I have not heard of any fraud bandied about from malicious claims of stamps, but have heard constantly of ,house , car etc premiums advancing as fraudulant claims are pushing up costs.

The Lloyds syndicate know the score when they take on the liability, and collect the said premium in advance, if they (stamps) go down, are Lloyds going to offer money back on the renewals, I hardly think so!!.


Slightly off topic, but an interst that can equate to the detriment of serious stamp collecting..

[mgpp] 27/5/2005 09:05

Barron's Online - Sticky Situation*

[nurdin] 26/5/2005 21:00

I am seriously tempted to get back in again...story seems to be getting beter by the month.

[kael] 26/5/2005 20:04

"This sounds like a company which is starting to lose the plot!"

mgpp - 26 May'05 - 19:19 - 2368 of 2370 (Filtered)

Next one please.

____________________________

[hectorp] 26/5/2005 19:28

For the record I am long stock 237,540 common stock in SEY average 15.78p so everyone knows where I stand.

[mgpp] 26/5/2005 19:19

I am a keen stamp collector and many of my friends use Stanley Gibbons products.

The problem at the moment is that the products are not available.

The production of this year's catalogues is delayed and the supplemental album sheets for 2004 are also delayed. No one can tell me when they will become available.

This sounds like a company which is starting to lose the plot!

[mryesyes] 24/5/2005 17:11

Thank you and well done; I last paid 101p but over half my holding was bought at 15p when it was communitie.com part luck part judgement.....the shares has repaid its cost in dividends!
I shall look to buy at your price now; I can hardly think of many a better buy

[gregory0106] 24/5/2005 11:57

Westcountryboy - you should be a detective - spot on date & time. Have order set to take some more if price dips below 85p.

Anyone have details on when we can expect the next news from Co?

What sort of prices are people looking for over next 6 months to a year?

[westcountryboy] 09/5/2005 22:58

29 April at 8:15:13?

[mryesyes] 09/5/2005 22:45

83.75 buy price Gregory thats cool, date & time? The chart missed that moment!
Well done you then

[hectorp] 06/5/2005 08:14

Even if you have to wait till next January for your 110p, its still a very good return on capital.

[gregory0106] 06/5/2005 08:07

Got back on board last week at 83.75 and plan to hold back up to 110p+ which I feel sure will be seen again by late summer.

[hectorp] 03/5/2005 08:39

Taking a one year view at a time, I sold around results time and it could be time now to buy them back.

[skyship] 29/4/2005 15:57

Price back up to 85-88 and a 100,000 trade @ 86p reported as a sale. A massive trade for this stock - could it perhaps indicate the first buyback!?

[skyship] 29/4/2005 08:36

Bt 5000 back @ 84.5p - somewhat quicker than anticipated!!

[yf23_1] 28/4/2005 15:49

Just drifting in a negative market. Medium/smaller stocks are now weak against the big caps. The small investor is prone to shake outs.
Retailers are weak.
The question is, should SGI be wiewed as a retailer.
I guess not, but then some may view it as a specialist retailer of sorts.

[addas99] 28/4/2005 15:18

Used to sudden surges up and down but this seems a rather savage pullback.
Perhaps a large delayed sell will appear later

[skyship] 20/4/2005 17:38

I too reluctantly parted with half my holding last week; but will be sorely tempted to take it back on board if we drop back to 90p.

If they manage to complete the legal processes for the stamp fund as soon as June, that will prove a massive bull point IMO. There are already c.125,000 SIPPS apparently; but that figure is expected to increase massively over the next few years. Since my post of 4th March (see below) when I estimated a £30m stamp fund; I have had cause to reconsider my stats and am now of the view that £50m+ will be readily achievable within the first three years – ie DOUBLE the official AGM estimate.

I suspect the big question for SGI will be accessing that stamp stock; as buying of that order is bound to effect the prices of the most popular stamp issues. Logic suggests that the best way to play this is perhaps to allocate some cash to buying the physical stock from SGI NOW, ahead of the arrival of the stamp fund.



As for SGI, they appear to be falling through the support of a Reverse Head & Shoulders; but with support levels evident all over the place; my best guess is that the ultimate downside might be to the Jun/Nov '04 upward trendline now passing through 84p.

I shall certainly be taking more on board if we fall back to that level.....

[gregory0106] 18/4/2005 08:34

Market heading south so have sold my holding of 14854 at 96p - comdirect had to work hard to get that so I feel this stock may not be imune from the market declines - will buy back once it settles lower.

[tom.muir] 14/4/2005 17:03

Well if they follow last year and buy from Directors then some of them have a vested interest in the price rising. Tom

[elmfield] 14/4/2005 10:16

Suppose if SG want to buy 15% of their shares no point in talking the price up just now!

[addas99] 14/4/2005 07:22

No spectacular news, everything on course. Rather think they're being a little modest in their target for their stamp investment fund..£25M value in 3 years time? Would take a bet more like double this figure by June 08.
Good to see their committment to buy back up to 15% of their shares by mopping up as and when, another 1p on the EPS very welcome.