Stanley Gibbons Share Discussion Threads

[its the oxman] 13/7/2005 10:00

don't disagree with you - good luck - I am hoping to buy again sub 90p - bit of selling again today.

[skyship] 12/7/2005 16:15

Its the Oxman - back in again with half @ 91p today - looking for the 200day MA to turn the stock around again; and in which case the 50day MA will once again move above the 200day.

[2janpieter2] 12/7/2005 13:16

May I refer to my posting no 2414 for a moment?

The Risk Grade was up 40% on or about 13 June and the share price has been dropping ever since.

Tick!

[addas99] 30/6/2005 20:07

Many thanks Pylewell for the article

[xdavid] 30/6/2005 16:51

"Not quite clear from the above why collectors should object to the fund."

it's similar to someone buying a great painting and then putting it into a bank vault - they are merely 'collecting' it for the value, not because they get any enjoyment out of the piece. Genuine 'collectors' do it for the pleasure, not for the value - and if anything, an increase in value puts those missing stamps in the collection even further from their reach.

[pylewell] 30/6/2005 14:36

FromShares Mag 30/6/05.
Gibbons to launch stamp fund.
Collectors wont like it but Stanley Gibbons is about to announce the launch of its long awaited stamp investment fund. A major International bank, possibly Morgan Stanley, has entered into a partnership with Gibbons.
The detailed legal and regulatory work needed to form the fund has taken a little longer than expected, which is why the launch might be early July rather than June as originally forecast.
Paul Fraser, Chairman of SG, expects the fund to be worth £25 mill within 3 years and have a major impact on Gibbons sales and profits generated from management and performance fees.
There will also be commission on buying and selling top class rare stamps.
The fund follows thesuccess of the firms SG100 Stamp Price Index, launched almost 3 years ago to attractinvestors. The index of the 100 most valuable and frequently traded stamps has risen by around a quarter since Oct 2002 and by 6% so far this year.
House broker Seymour Pierce forecasts profits rising £2mill to £7.1mill this year and to £8.5mill next year. These figures exclude any contribution from the fund, which might swell the 2006 tally by £250,000. by Timon Day.


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Not quite clear from the above why collectors should object to the fund. Perhaps its because it will take many good stamps out of circulation, but the stamps they already have will rise accordingly in value.

[addas99] 29/6/2005 16:47

Was the launch of the Stamp Investment Fund due to take place in June?
Anyone any idea if this is off and running yet?

[yf23_1] 20/6/2005 18:45

We are still above the 200, 50 and 21 day ma and all three now turning upwards.
Volatility is high in SGI as can be seen by the RSI where it appears to spend a lot of its time in either over-bought or over-sold territory.

[orange1] 20/6/2005 15:11

It's the MMs working out that the T + 10 ers who pushed the price up to the mid 90s 7 working days ago are today faced with the choice of paying up or selling out.

[gregory0106] 20/6/2005 14:49

Big drop out today with some large sells. Is this just profit taking before it goes higher or has the bubble burst??

All opinions welcomed.

[clocktower] 15/6/2005 11:34

Sorry you missed it Hector but you hesitated at the wrong moment. I see in the RNS they are speaking of the % increase in certain stamps over the years. I would say that by investing in SGI stock some 2/3 years ago the growth has been stronger than that of any of the stamps but can SGI keep growing at the same pace...I doubt it.

Hector, take a look at MLB right now and do not miss it right now @ 20.75p

[hectorp] 14/6/2005 18:53

agree, its risk in terms of the share price only.
No I failed to buy at my target 83-85p and I now pay the price of my hesitancy
I may get back in there in a few weeks if I'm lucky but I'll not chase it.

[mryesyes] 14/6/2005 18:46

What risk are they grading, this company has no debt and is the world market leader in the highest value stamp trading marketplace in the World. Risk of fall in share price I accept. Otherwise nil comprendo.

[2janpieter2] 14/6/2005 18:12

Regarding Hectorp's notification, although dated 13 June, it said that the Company was notified on the 10th June of a purchase by Morgan Stanley on the 7th of June. Coincidentally, it was on the 7th that the share price leaped 14% over 2 days. However, the Risk Grade leapt from 130 to 184 over the same period, which is 40%. Risk Grade movements is something I'm trying to come to terms with, as it hit me hard, recently.

[elmfield] 13/6/2005 18:16

Hectorp, Does that mean you are in or waiting?
Happy to hold.

[hectorp] 13/6/2005 17:42

I see today notification of a large Institutional Buyer increasing their holdings. I suppose that could account for the rally.
As for me, I'll bide me time!

[mryesyes] 13/6/2005 17:26

ok its risen for no good reason but when i bought the week before last at 84p it had fallen for absolutely no reason i think even 111p is still worth it
stamps may be a bore cars are a bore but the name of rolls royce still sells but stanley gibbons is the name for top philatelists around the world with billions to invest the top stamps are the thing not talking about standard collectors here

[clocktower] 13/6/2005 10:26

Hector, a profit is a profit and maybe its time to take it but it may go higher..

[abergele] 13/6/2005 10:07

I have bought and held stamps for pleasure, but in the last 15 years, my valuation has insreased 150-200%

[elmfield] 13/6/2005 10:01

As long as people see stamps as a good investment,

[orange1] 12/6/2005 21:27

It seems the price rise last week was due to a recommendation in A1m-Analyst.com, the self-styled top guide to AIM which told its subscribers to buy SGI at 95p pointing out that on March 14 the shares reached a five-year high of 111p since when they have retraced to the current 95p.
This has created a suitable opportunity for investors to get onboard what is a terrific growth story says A1m-Analyst.com. The shares are trading on a forecast 2005 PE of 12.7, falling to 10.5 in 2006. With a forecast yield of 3.4% in 2005, rising to 3.9% in 2006, the dividend is very attractive too, they add. Furthermore the market capitalisation of 23 million pounds is supported by cash of 1.93 million pounds. Their conclusion is that this is a company whose shares are very attractive indeed.

[clocktower] 10/6/2005 16:10

Hope your aboard hector?

[briggs1209] 10/6/2005 12:08

thanks yf23_1 that is interesting stuff.

[yf23_1] 10/6/2005 03:06

Anyone wanting further TA view on SGI, pop over to fingers xxd thread, post 2090.

[griptyte thinn] 09/6/2005 15:50

back to 83 hopefully! :-)