Stanley Gibbons Share Discussion Threads

[a0002577] 20/1/2004 17:40

Mo123 - how do you peddle fresh fruit ON-LINE? Or is this a definition of FRESH that is different? Do I have to use my mouse to stretch out its tiny paw to pick the fruit? As the web covers the world can I pick Mangoes in India and drop them on to my Mouse Mat? Or is there some new technology from the Star Ship Enterprise? Reminds me of the dot com boom when I persuaded some very gullible investors that my techies had actually worked out a way to get liquids down the pipes connecting the Internet. Had to stop them giving me cheques by the way for the new site LiquidsOnLine.org.asm

[nurdin] 20/1/2004 17:39

A penny or two is neither here or there Kael..not really worth waiting for.Once they get tipped, and I feel they are very likely to,the current price will be history.

[kael] 20/1/2004 17:34

Please oh pretty please drop the price a teeny bit further :)

Need to get on board at a better price damnit!

[nurdin] 20/1/2004 17:31

lol yup..it is indeed.I can see PRVD growing fast as US citizens tend to buy everything on line these days..avoids being shot at in the supermarkets :o).
SGIs stake will no doubt be worth far more even a year down stream than it is now....may even overtake its current market cap as I have said before.

[mo123] 20/1/2004 17:22

Thought you guys might like to know what PRVD does and aims to do:

The e-tailer which currently operates Proflowers.com, ships asters, bonsais, lilies, orchids, and wreaths directly from growers to residential and corporate clients. The firm also offers chocolate, popcorn, teddy bears, fruit and cheese baskets. Provide Commerce has plans to roll out web sites to peddle fresh fruits and premium meats. The online storefronts will offer hand-picked fruits and will compete in the premium meats market.

Its a growing market. chuckle

[nurdin] 19/1/2004 18:05

Well they have risen strongly over last two months so some profit taking is inevitable.But with the results less than two months away,company saying they will meet expectations and all the evidence suggesting that SGI are firing on all cylinders now,it would be a truly short sighted punter who would sell now.So while TA suggests retrenchment to 43-44p level,I would be vey surprised!(I am ready with my cheque book if they do though!)

Nice plots Kael

[kael] 19/1/2004 15:51

well the reason i think 43-44 is because it will be sitting on the 29MA or thereabouts, there is also a gap to fill at that level (although it is only a volume gap, so may not get filled at all):

[tonyx] 19/1/2004 15:49

Was hoping for a dip to 45p but 47p will look like a bargain soon anyway. If it does go to 45p or less.........I'll get some more!

[kael] 19/1/2004 15:47

Nice to see you here CT, I was just thinking of ploughing into SGI...hoping to get sub 45...pref 43-44

[clocktower] 19/1/2004 15:32

I think it will sink back more first until we get near to traders being able to T+ trade before seeing any decent rise again.

[cockneyrebel] 19/1/2004 14:40

Well done Tony - most of the chasers like to buy as it moves up so fast that they miss 5% or pay a premium.

Waiting for the punters to gallop in on the first rise.

CR

[nurdin] 19/1/2004 14:13

Thats the way to play it tony :o)

[tonyx] 19/1/2004 14:12

Lots of sells so decided to buy more!

[cockneyrebel] 18/1/2004 19:22

Yep, it's the internet side that's going to drive a lot of the future earnings growth imo. With the website getting such a growth (100%) in visits in such a short time then that's where the greater margins are going to come from too.

No need to persuade me nurdin :-)

CR

[gateside] 18/1/2004 16:26

thanks... am hoping to add on any weakness between now and then

[nurdin] 18/1/2004 16:24

Blieve first week March as last year but dont know the precise date...

[gateside] 18/1/2004 16:23

nurdin...

Do you know exactly when results are due? Thanks

[nurdin] 18/1/2004 16:20

Hi folks..have been away since Friday pm so couldnt comment on the slight pull back.Its not a bad thing though..means fewer seller come the results time ;o)Any further pull back from here and I will be adding more...added a few on Friday...

[cockneyrebel] 17/1/2004 16:40

if you look at current earnings growth:

2000 = (0.6p)
2001 = (0.24p)
2002 = (1.94p)
2003 = 3.3p estimate
2004 = 5.7p estimate

They seem to be growing nicely over 50% pa and with them posting a 2p a share earnings gain for the year gone and with the company saying they will meet the 3.3p eps estimate for this year then another 2p eps for the year ahead and 2p more the year after looks easily achievable, especially now the new websites are up in action.

I'd expect any company growing earnings at this rate consistently over 5 years to be trading on a forward PE of 15 or more perhaps.

5.7p eps on a PE of 15 = 85p a share and looks on the cards if SGI hit 3.3p eps this year imo. I wouldn't be surprise tho if with the publicity this stock is going to get from the results, and if they beat 3.3p by a tad, then 6p looks on the card earnings wise next year and probably deserves a pe in the high teens, even 20 perhaps for all that growth an a 1p div coming next year on broker expectations - 120p perhaps?

Look very lowly priced however you look at them imo.

CR

[mo123] 17/1/2004 14:44

CR I certainly wouldn't complain if it reached that figure. Think it all depends on the company's stated outlook at results time and SP's forecast for 2005 due around end of march. If the forecast EPS is 7.5p or above then 100p does look achievable.

[daza70] 16/1/2004 19:43

gateside good to see you over here from the ffy board!!

[cockneyrebel] 16/1/2004 17:12

I think nurdin spoke to the co and they confirmed they will meet expectations but couldn't say any more due to the closed period alf.

Here's the last sentence from the announcement on Dec 19 - tucked away at the emd so many may have missed it - like me :-(

"
With the year end only weeks away, the Board can report that good progress has
continued throughout the year and that the Directors are confident that the
results for the year end will meet market expectations."

I think they could 120p in a year too.

CR

[alfwilson] 16/1/2004 16:34

CR

Any comments on these interim eps? Do not suggest earnings are growing at the rate required to meet full year forecast of 3.3p? Other than that the story suggests to me that a price of 120p is very possible during the next 12 months?

Alf