Stanley Gibbons Share Discussion Threads

[getscenic] 13/3/2006 22:20

thank you rrr,
I have alot of respect for fingers, having followed some of his coverage on various stocks. I have to say (not being a chart follower myself) his calls are pretty accurate.
I would agree that 150 is the next target.
But I would also expect the mid april to mid july drift, the news on the stamp fund could push it either way. AGM on the 12th april maybe get some news then.

[rrr] 13/3/2006 19:37

fingersxxd has very kindly provided his view on the SGI chart which can be found at



then click on the link to SGI in the Recently Completed Analysis list.

[Abuse team] 13/3/2006 13:38

Post removed by ADVFN

[abergele] 13/3/2006 13:36

I thought forward from buying at 50p over two years ago, but it did'nt stop troughs and peaks forming.

This is a tip of the sword scenario again, been there ,done that, got the tea shirt, selling will send it back down a shade eventually..imho,

can't se it flat-planning for months at £1-33p ish

still a holder and believer, and avid collector........

[tole] 13/3/2006 12:58

Absolutely.
Following on from post 208 - nice article on stamp collecting.



"News reports say Stanley Gibbons, the London-based firm specialising in rare stamps, is struggling to find enough stock to meet the increasing demand from investors in India and China."

[cockneyrebel] 13/3/2006 12:42

these will be trading on 15x 2007 eps by year end imo = 219p on current forecasts. Reckon 2007 could be upgraded further too.

think about it - a 12 month hold for 60% and there's a yield on top of that. Sounds good enough toi be buying here let alone holding imo. But can you think forward 12 months?

CR

[cockneyrebel] 13/3/2006 12:37

yeah - wait for 50p imo :-) lol!

CR

[abergele] 13/3/2006 12:28

I agree with Gregory.

Beware the Ides of March,
directors ,and others will probably sell again. the chart tells the tale.
buy back £1.10p or thereabouts......imho

[cockneyrebel] 10/3/2006 18:01

I can't see 110p here again Gregory - I'd kill for more at below 120p.

Orange1 yep, perhaps they are from some distant line of my ancestors! :-)

CR

[gregory0106] 10/3/2006 17:38

Strong finish to the week closing with a bid of 128. I think that if this holds around 125 next week after the ex-div we are in a good position to see 140+ by end may and perhaps £2 in a years time.

I sold half my holding at 127 but will hold the rest long term. Also will look to buy back those sold at any dip below 110.

[xumii] 10/3/2006 10:51

note the day.

[getscenic] 10/3/2006 10:18

Thanks Orange.

[cockneyrebel] 10/3/2006 10:13

I see they hold IDS and MSN too, and avoid telecoms - seem to have my investment philosophy!

CR

[bletherer] 10/3/2006 10:08

Thanks Organge1. Very encouraging stuff.

[orange1] 10/3/2006 10:01

Tipped in the IC.

An announcement too:

The day before the results (!) funds managed by Forum Family Office GmbH (Forum) acquired an interest in the Ordinary Shares of Stanley Gibbons that resulted in Forum increasing its holding to a total of 2,875,000 shares, representing approximately 11.58 per cent. of the issued share capital of the Company.

And who are Forum? See here:



"FORUM Family Office ("FFO") has managed the assets of two families and a handful of business friends since 1997.

Our mission is to invest these assets in companies that combine an outstanding business model with strong competitive advantages into a business franchise. When we find such companies we like to stay invested long-term, preferably for the next generation of the family.
We make only direct investments and only in Europe:
FORUM European Smallcaps ("FES") in publicly quoted companies
FORUM Private Equity ("FPE") in privately held companies.
We are determined value investors: we do relatively few investments as we
require a high margin of safety always perform an in-depth Due Diligence. "

Their topping up is a big vote of confidence therefore.

[getscenic] 10/3/2006 08:11

Tipped anywhere?

[tole] 09/3/2006 11:57

Mention in the results round-up of Shares today..

Obvious commentary on the excellent results, and prospects of Stamp Fund etc, etc..
Mention of Seymour Pierce being optomistic about immediate prospects, forecasting 2006 eps of 10.9p rising to 14.6 for 2007.

"Strong run should continue. A PE of 11 falling to 8.2 is too low"

[ygor705] 08/3/2006 20:59

Market cap c.£30m. NTA a short £10m with the brand name in for nothing. Cash in the balance sheet (even after a big special divi last year) c£2.5m. Prospects.... excellent. Stamp Fund....all upside potential. Director Quality.......????? Excellent candidate for a leveraged fund buyout imo.

[abergele] 08/3/2006 14:41

Xumii,
Similar to what was posted by myself 2 or 3 days ago,

also the fact I mentioned the Far East as future collectors.

Stanley Gibbons web site sells on ebay, but it will at least be genuine material regarding expensive items.

Years ago ,1990, they were particular what they bought in mainly mint and unmounted mint,
rejecting most of the stuff that changes hands on Ebay now.

So what they sell at top prices is guaranteed perfect, but dearer.

I myself have ordered .viewed and paid fo stamps from London, excellent service, but really the best quality.

[xumii] 08/3/2006 14:26

Agree re comparison w/ Hornby.

On the ebay v sg debate I would add that there is no way I would buy high value items like this, value being highly dependent on authenticity and condition, off ebay - it is safer to buy from SG which is a specialist in its field and has goodwill to protect.

The share price clearly makes much more sense at 200p than at current levels. I'm sure of that becuase I cannot get hold of a good line of stock at the mo, and I still wouldn't sell at 200p!

[tole] 08/3/2006 08:33

Looks like MM are trying to fill a decent sized buy in the background. Bidding way above touch price for stock and at a decent size too. Can't get anywhere within the spread for a buy though....

Would have though we should see plenty of strength up to next weeks ex-div date too.

[cockneyrebel] 07/3/2006 19:00

don't think so hec, there was a ton of buying yesterday and no movement in the price - would have been higher without a big seller. Reckon these are in for a tip from Shares, IC or weekend press at the very least after these results.

One point I think people mis with stamps is that for many investors it isn't about maximising returns with stamps. For many it's the pleasure collecting gives, the thrill of finding something rare by chance, the enjoyment of looking at something of history with a value.

The investment return is often secondary and if they make 10% on top of enjoying the collecting it's a bonus.

A lot of baby boomers were heaviliy into collecting stamps and like Hornby benefitted from the excess cash that maturing baby boomers have then so stamp collecting should too.

A lot of similarities with Hornby really in the good earnings record, collectibility of product, baby boomer appeal etc.

CR