Stanley Gibbons Share Discussion Threads

[ygor705] 31/8/2005 11:24

Agree Gregory..............but I'm not sure that even I can accuse the Directors of keeping the price down because of a potential bid! Not sure that I buy off on the logic of that.

No, it is more likely that they are just "clod footed" in their approach to market management (hence my original comment) or they are aware of something that could impact the share price shorter term (eg an acquisition or the announcement of a negative bit of news). Either way, the latest announcement looks to have dampened enthusiasm....................for the near term at least.
Pity.............with a little more finesse they could have achieved a better price imo.

[gregory0106] 31/8/2005 09:24

ygor705 - I share your concerns about Director sales. Its always explained as being to meet institutional demand.

Well, don't we all effectively sell to meet demand, in that the demand outweighs supply so price goes up to a point where we decide to take a profit (meet the demand) and once demand met price falls back.

If directors keep selling every time the MM's want some stock where is the motive for the market price to rise beyond its current levels.

It almost looks as though the directors want to hold the price around the £1 level - but why? - could they be looking to take it back private and want the price held low??

[abergele] 31/8/2005 08:39

250K shares traded at so-say middle price ,but makes me think its a buy.

What is a "K" trade?

[abergele] 29/8/2005 14:37

I stand to be corrected on this, but certain directors have been cashing in options granted, perhaps Mr Frazier has been granted more freebies at the last AGM, resolutions were all passed. I myself do not know what they were?
More options perhaps, so it would make sense if he needed funds for his personal needs, to offload, and then get future options in the pipe-line.

Only guessing, and as stated ,I do not know!

What happened to the shares buy-back, and how is it progressing??

[ygor705] 29/8/2005 12:23

The odd sale yes but helping out MMs to cope with demand. Come on...be serious chaps. Will the Directors be buying stock at a higher level if the MMs are too long on stock? Will they be using some of the cash in the balance sheet for share buybacks? SGI is undervalued on fundamentals imo but if the Directors carry on selling like this they are going to remain that way. The Directors job is to protect the interests of their own shareholders not to interfere in the market every time a greedy MM is short of stock. You don't need to do any homework to work that one out. Directors dealings is/will be/should be one of the most sensitive areas for any investor because time and again it has proved to be one of the most accurate guides to future share price performance. This latest announcement has certainly made me nervous but I'm happy to listen to the other side of the argument.

[getscenic] 28/8/2005 19:44

ygor705.
Suggest you do a bit more homework on SGI. You will then understand the reason for the sale.
Not all Director sales mean bad news.

[kael] 28/8/2005 13:14

This same question has been brought up time and time again. The answer has always been in the reports.

[ygor705] 28/8/2005 12:10

Not if the Directors keep selling shares they won't. If the Directors have no faith in the prospects for their company why should shareholders continue to hold?

[kael] 27/8/2005 19:35

They already run a very successful growth business on the laws of supply and demand. I dont think they need to brush up on anything. They now have an exceptional record and have done an outstanding job with SGI. Long termers have been rewarded well and no doubt this will continue with the creation of the stamp fund.

[ygor705] 27/8/2005 19:08

Somebody needs to have a quiet word with the Directors. If they are going to run a successful stamp fund then I hope that they are going to brush up on the law of supply and demand.

[abergele] 26/8/2005 19:52

A small retrace has always been to its advantage on its upwards trend. and I feel that its in that position at the moment.

The feeling I have been given by a few dealers, is that there are many numbers of over 50's now rekindling their youth ,as I supose I myself have been doing for the last 15 years or more.

Stamp prices are being kept up by the constant interest, worldwide.A new found wealth for many is also fueling the stamp enthusiasm..

[pylewell] 24/8/2005 22:31

Price is creeping up now. The launch of the stamp investment fund is expected this autumn and investors are getting in early before the announcement. It has to be good news for the shareprice.
When the fund has been announced we still have the start of pensions being filled with rare stamps, starting in April, to come.

[abergele] 24/8/2005 18:27

Looks to me as though we are mirroring February's pattern of events..

In my opinion charts only follow what has deemed to have happened, and we are now in the up trend, hence the chart is following the share price, it looks good, and tastes good, even the gum on the stamps....IMHO

[siskinbird] 24/8/2005 12:19

good call abergele

[abergele] 23/8/2005 17:50

Ahhhhhhhhch,nearly fell asleep then, wheres these stamps then, Hectorp.

Still going up......more tomorrow me thinks...

[abergele] 22/8/2005 12:28

Send them round to me Hectorp, I'll give them the once over.

Interest started again today ,small tick up, as I was hoping earlier, this time up to 110p perhaps this week.

[yf23_1] 16/8/2005 19:51

"....I cant find time to mount them never mind value them"

tch, women and stamps eh, they have a lot in common.

you pay a premium for unmounted mint in both cases

although I dont think theres a condition category for stamps titled lard-ass !

[hectorp] 16/8/2005 17:30

I found today I have 3 Victoria penny stamps two of which I identified and are worth £15 each (used). I can't identify the other one yet. Sadly the Hungarian Olympic stamps from 1956 are not worth more than 40p, but I have some nice Ceylonese stamps Edward V11 and George V included. My biggest set is over 80 war and pre-war German stamps many with the 10-millionen mark labels, no doubt valueless ( weimar stamps). I reckon my childhood album is probably only worth around £400.00
I suspect my hundreds of large denomination overseas stamps I gathered in thw 1990's will have a few decent surprises, but I cant find time to mount them never mind value them.

[abergele] 16/8/2005 17:21

I wouldn't think it will drop much more, there is always this small dip and then back up 10p.

This time I feel we will hit the 110p area again, or even further.IMHO

I am amazed how much the Stanley Gibbons cat. prices have risen these past 2 years or more, as an avid collector they have more than doubled in the last 10 years.

I use Ebay a great deal and the prices are creeping up through demand..bolstered by the Gibbons catologues.

[yf23_1] 16/8/2005 17:11

..well I did buy it at an auction and it may be a possible forgery !

Maybe one day Ill pay to find out if its genuine !

[gregory0106] 16/8/2005 16:36

yf23_1 - If I was you I would get in touch with Gibbons about your stamp - you could be sitting on the best investment of your life.

Hectorp - It sounds to me like you should try and value your stamps befor passing them on (unless you won't be sad to find you have made your nephew wealthy)

SGI has faild to hold on to the £1 bid price yet again - I wonder if its starting to show some weakness?

[yf23_1] 16/8/2005 14:29

I have a stamp that SG doesnt have, and in their catalogue they say one might exist but they dont have one with both types of error.
The stamp has an overprint with an F not an E in PENCE and it also has a double overprint.

[darwar] 16/8/2005 10:04

lt is happening as l read,afluent adults going back to childhood hobbies,with the where with all to now invest rather than just collect the pretty ones.
My wife and l have both dug out our childhood albums (and now adding from SG and ebay)
l have a part of a sheet of world cup winners 1966,which l bought as a boy,sensing the historic occasion then as a 14 year old.

When this investment fund is announced l feel sub £1 will be unlikely.
Could be any day now,who knows!

[hectorp] 16/8/2005 09:48

I've got the George V half crown Jubilee, is it worth anything,
and a full set of Hungarian Olympics from 1956, the triangular ones . I should value my stamp collection I collected around 3000 stamps before 1970.

Also in my last business, people sent me hundreds of packages of high denomination in the 1990's from all over the world. I've got bags of the stamps but I've never put them in an album yet. I thought that as they were recent they'd not be worth much for a long time. I think I'll give them to a Nephew.

[hectorp] 16/8/2005 09:48

I've got the George V half crown Jubilee, is it worth anything,
and a full set of Hungarian Olympics from 1956, the triangular ones . I should value my stamp collection I collected around 3000 stamps before 1970.

Also in my last business, people sent me hundreds of packages of high denomination in the 1990's from all over the world. I've got bags of the stamps but I've never put them in an album yet. I thought that as they were recent they'd not be worth much for a long time. I think I'll give them to a Nephew.