Stanley Gibbons Share Discussion Threads

[gregory0106] 05/8/2005 08:08

Anyone seen a copy of the IC yet? - any coverage? (I can't seem to get into their web site - it only gives headlines)

[mykai] 04/8/2005 16:39

thru 100 like a hot knife thru butter

[ygor705] 04/8/2005 16:37

Sounds like a lot of book squaring going on between the MMs (and they do help each other out) which suggests stock shortage to me. The chart shows that the share price had been dropping almost continuously for 3 months on lowish volume.......and then the sudden turn round in June which petered out and then recovery driven by the results. Not easy to manage! The June recovery started with the largest volume day (around 600k of shares) since the share price topped out and that improved the price by 16p from a base of 82p.

[wiganer] 04/8/2005 16:28

Up 2% in the blink of an eye at 4pm. maybe those "sells" weren't sells.

[gregory0106] 04/8/2005 15:37

Volume is up, but there is mainly just a couple of very large sale - one I think is just broker to broker (400K) but not sure about the other.

[ygor705] 04/8/2005 15:06

Trading volume is up today..................which should help.

[wiganer] 04/8/2005 09:44

bid at 99.55, that's funny- have a feeling sub-100p bid won't last much longer

[gregory0106] 04/8/2005 08:10

Squaregain only able to offer to sell me 2500 shares at 103 with bid at 99.55.

[gregory0106] 04/8/2005 08:07

I am looking forward to Friday as I think once the IC hits the news stands with (hopefully) a favorable review & coment on the latest figures we could see further buying.

[ynotna] 04/8/2005 07:32

ok ygor705 ...... see what you mean ...... both trades are broker to broker ..... i.e. willing buyer for a willing seller .... don't think it matters 1 jot but let's move on eh?

[ygor705] 03/8/2005 17:22

ynotna......................see yesterday's RNS................company sold 100k on behalf of a director at 96p. Thats a fair chunk for this stock

[skyship] 03/8/2005 16:45

ynotna - the director sale was:

41,200 @ 96

&

58,800 @ 97

[its the oxman] 03/8/2005 14:12

steady climb toward 110p hopefully

[wiganer] 03/8/2005 14:00

Really testing that 100p resistance now- 99.5p mid price!

[ynotna] 03/8/2005 12:33

when might the mm have done that? i see no evidence of 100,000 shares at 96p. there has only been 1 trade at 96p this week and that was in 41,200 shares and was a broker to broker. so in all likelyhood it has gone from a willing seller to a willing buyer

[ygor705] 03/8/2005 12:18

ynotna............the MM who took 100k on board at 96p won't want to mark prices down if he had a level book when he bought them!

[ynotna] 03/8/2005 11:38

Share price now trying reslly hard to get through the magic £1 level. suspect the market maker on the offer still has no stock & is trying to hold the price down.

[xdavid] 02/8/2005 18:32

SGI "incentivises" its staff with share options rather than straight bonuses. It's good in principal but I can understand that if you are looking at options every two or three years (not sure what the formula is) then you will just cash them in as soon as you get them - treat them as a bonus. At some point everybody on this board will "take profit" (hopefully) - it's just unfortunate for the directors that they have to tell the world ! It's also probably better that the sale is associated directly at the same time as a share option grant rather than being sold at an 'arbitrary' date in the future. He still holds a core 50,000 so not bad.

We always want our directors to buy shares but we damn them to hell when they sell them - they can't win !

[ygor705] 02/8/2005 17:40

XDavid/Tole................good posts. Not a bad day considering that a Director dumped 100k of shares into the market yesterday. I know that it was in respect of the exercise of share options but it was still unhelpful.

[tole] 02/8/2005 17:31

Stanley Gibbons gets stamp of approval

[gregory0106] 02/8/2005 13:40

Taken a small step back today. Offer was at 101 but hasn't held & now back at 100p. So long as we hold at or abobe 100p I fell the uptrend will hold.

Personally, I am looking for around 120p before it drifts back again.

[xdavid] 02/8/2005 00:49

For any new people who may be interested, all historical Seymour Pierce (house broker) estimates are available here (click Financial Research)...


NB. In April '05 AGM statement they have the wrong years in the earnings forecasts - the 2005 Actual should be 2004 Actual!

Also some interesting investor presentation slides here...

[ygor705] 01/8/2005 20:09

Personally, I will be very surprised if this stock does not now breach the 100p level. There is a reverse head and shoulders formation on the chart, the 200 day moving average price is over 90p and the stock has spent most of the last year above its 200 day moving average price. It looks to me as if the period of consolidation is over - but time will tell!!! A 130p target does not look unreasonable to me if you join up the peaks on the chart.

[skyship] 01/8/2005 17:38

That 100p is a critical resistance level - both actual & psychological. It has already proved too tough a nut to crack on no less than 5 occasions this year; and on the one occasion we did get through, back in March.....it was only for 3 weeks!

We may not yet have the legs to punch through; but when we do (sometime soon), I expect this to run quite quickly through the old highs and straight to the top of the Aug'04/Mar'03 uptrend @ 120p.

If/when we break 120p, then we could see a serious parabolic rise - mirroring that of Qtr1'04. Do I hear 200p?????????????