Stanley Gibbons Share Discussion Threads

[gregory0106] 29/7/2005 08:26

I topped up yesterday and whilst there has been no uplift (yet) today, I am very comfortable that now is about the last chance to get in to this stock at these levels ahead of what will be a very major uplift once the fund comes on line.

Not only will income rise but will also raise company profile as an investment provider & so will attract more broker coverage as they place clients funds into stamps.

Also once the fund is in situ, it must open the door for a takeover approach by another investment provider wanting to get te action under their own control.

[jwe] 29/7/2005 08:22

As somebody that follows this stock but not currently a holder,an eps of 7.1 looks very optimistic,6-6.5p looks far more realistic making it fair value only at the moment,decent set of results though.

[don carter] 29/7/2005 08:17

xdavid....well that's right, and with the A-Day pension rule changes in April 2006 that Stamp Fund could get very very busy next year....

[xdavid] 29/7/2005 08:08

Remember also that the full year estimates (from Seymour Pierce) do not include any uplift from the Investment Fund - anything in this year from that will be a bonus.

[don carter] 29/7/2005 07:47

On target for FY. Good steady growth. Increased divi. Site hits increasing rapidly. Delay to creation of the [world's first] Stamp Investment Fund but it will be huge for SGI when it comes in H2. H2 is SGI's stronger half so a lot to look forward to. I hope to see steady rises from here onwards over the next few months. The present share price is too low for a company growing this quickly: forecast is 7.1 eps for FY so at pe of 15 fair value would be 105p.

[xdavid] 29/7/2005 07:42

Looks like SGI just keep on pushing the envelope. This should get us a lift...



Highlights:

• Profit before tax up 23% at £710,000 (2004: £579,000)

• Earnings per share up 31% to 2.20p (2004: 1.68p). Excluding exceptional operating costs, earnings per share were up 46% to 2.45p

• Sales up 15% to £5,278,000 (2004: £4,607,000)

• Cash balances of £1,517,000 (2004: £788,000)

• Interim dividend declared of 1p net per Ordinary Share (2004: 0.5p net per Ordinary Share) payable on 12 September 2005 to all holders on the register at the close of business on 12 August 2005. Ordinary Shares will go ex-dividend on 10 August 2005.

• Hits to our Internet sites now approaching 30 million per month (2004: 10 million)

• Investment department has over £3 million of rare stamp portfolios under management

On the Stamp Investment Fund:

the launch of our Stamp Investment Fund will further strengthen the demand and reduce the supply of the top level investment-grade material. We did expect the Fund to launch in the first half of this financial year but, because to our knowledge this is the very first stamp fund, everyone has had a steep learning curve. This, though, will increase the barrier of entry to others and, with our brand name, the backing of a major international bank and support of other financial institutions wishing to break this new ground with us; we should be the prime vehicle for this section of the investment market.

[darwar] 28/7/2005 12:50

Chances are the stock will rise 2morrow,cant see it going backwards.

[gregory0106] 28/7/2005 12:32

It is very quiet both here & on the market for SGI. I get the feeling the no-one is expecting very much from the news out tomorrow.

Perhaps a time to take a profit now in that case.

[gregory0106] 27/7/2005 09:26

Anyone have a view on what the figures on friday may tell us?

Are we going to see a return to 120p area again soon - no sign of movement yet.

[yf23_1] 24/7/2005 20:03

This pennant is due for a bounce off the 200 ma.
Exactly like the pennant mid Nov to end Dec, also 6week period

[xdavid] 20/7/2005 14:05

Forgeries are the reason why anyone buying high price stamps should only buy from established specialists - like Stanley Gibbons. The more rip-off stories, the more business for SGI !

[skyship] 20/7/2005 12:14

Has anyone heard any more about those stamp scam/rip-off stories from Spain? A couple of months ago they represented the only reason not to be heavily back into SGI.....Thanx

[xdavid] 19/7/2005 16:44

It was very small volume today - about 16,000. Compare that to yesterday's 215,000 (incl 75k T Trade).

[yf23_1] 19/7/2005 15:14

Must be a hidden sell soaking these buys up.
should shift once its out of the way.

[pylewell] 19/7/2005 13:52

I am an investor in high value stamps and buy from Gibbons. I also hold SGI shares and am trying to decide which is the best investment. Would appreciate any comments on this problem. With stamps being included in pension funds from next April I would expect both stamps and the shares to perform extra well.

I was at a well known stamp dealers a few monthe ago and I commented I was worried that SGI was languishing at around 82p. He told me not to worry, he happened to know SG were doing VERY WELL.

[2janpieter2] 19/7/2005 13:35

Over time SGI has done very well, but that applies to lots of shares and is history.

Volatility is it's current hallmark, which means trading in and out to ride the waves. This can be very profitable but demands your contant attention. For those of a nervous disposition, deciding when to sell each time remains the problem.

[xdavid] 18/7/2005 23:42

The LAST 12 months are the only time it has been as erratic as you describe. The last 12 months also includes the special divi of 8p (+ordinary) so you can actually add nearly another 10% to your first 10% (for those actually holding for full year).

The 12 month calendar period you are choosing also commenced with SGI at it's highest PE (at the time) after the price was driven up by the excitement over the special divi - and finishes (now) with it at one of it's lowest PE. In between, I suspect that there has been a mixture of bored new people leaving and old holders coming back in (after selling at the PE=18 heights).
Picking arbitrary start and finish points to a 'year' demonstate nothing IMO. Give it another 2 weeks and I suspect the 'year' picture will change completely. Another 8 weeks and it will change again. But none of them will be relevant.

SGI has well rewarded long term growth holders (I first bought at 30p) and will probably do so for some years to come.

[2janpieter2] 18/7/2005 20:33

SGI is an eratic share and is all over the place from week to week.
Have a look at the last 18 months.

With self control you can make a turn between the highs and the lows.

But over time it's a waste of effort. Up 10% over the last 12 months.

[yf23_1] 18/7/2005 16:33

looks like SGI got mentioned/tipped somewhere judging by all the buy trades
lift off ?

[getscenic] 14/7/2005 10:41

good luck darwar, looks like the party is over for ALK for the moment. alot of latecomers there now, but all the pretty girls are taken!
I have a feeling that morgan stanley are going to be involved in this fund.
they have been adding recently.
anybody any views or info on the fund?

[darwar] 14/7/2005 10:12

Orange1
Thx

getscenic
Looks good 2 me here
Hope the ALK crazzies dont follow

[getscenic] 14/7/2005 10:05

darwar,
just the place for some of your ALK profits!
get in before the news on the stamp fund.

[orange1] 14/7/2005 09:43

No longer.

[darwar] 14/7/2005 09:38

Hi all,
Does SGI have a holding in 'Provide Commerce Inc'
Getting interested in SGI, been watching.

[don carter] 14/7/2005 08:29

Oxman...good luck to you if you can get under 90p....it's a strong resistance level on this stock in my experience... looking at the tightening bollinger bands and last year's price action at this time, this one's ready to blow cap'n!