Stanley Gibbons Share Discussion Threads

[cockneyrebel] 03/4/2006 12:51

Next leg up starting - should motor when it goes through that previous high.

CR

[orange1] 30/3/2006 18:07

It was announced today that our friends at Forum have picked up a further 220k shares since the results.

[cockneyrebel] 30/3/2006 17:30

Somebody has been hoovering up the sells that's for sure, no dip when it went ex divi either - reckon their buy price is at this level and they'll take all the sells they get.

Bid looks a great possibility imo, but very cheap in it's own right which means a bid will need a fat premium imo.

CR

[ygor705] 30/3/2006 17:17

Interesting share price performance since the results. The Directors have obviously helped out the MMs (again) but the numbers that they have to sell to achieve what they regard as stability is material. The Morgan Stanley (MS) sale is also interesting. As has been pointed out elsewhere, all these shares are being mopped up by somebody or other - possibly even an MS client. The fundamentals here are unchanged and very, very positive plus the Stamp Fund is still likely to result in good news imo. Finger's chart view was that the share price would be driven by physcology once the £1 level was finally broken. We are now entering another flat-looking period for the share price but agree with CR's view re a possible private equity bid and any hint of this will make the share price rocket imo.

[chester] 29/3/2006 08:45

Bought some of these for the first time this morning at 129.5p.

[cockneyrebel] 25/3/2006 11:20

rrr - yep sorry, misread that - must have been distracted while reading that, sorry.


Kidney - SGI has only been a public co 4 years hasn't it? If you look back through the chart it's had a number of flat periods like this - I think it's just a larger buyer taking any sells that have occured or a larger seller feeding the buys and the trading in balance. Give it a few days and things will change I expect.

CR

[fred123] 25/3/2006 09:51

If it stays like this much longer then it's a re-rating.

[kidney] 22/3/2006 20:25

Being a long term holder of SGI,who sold TOO soon after the results....I am flabbergasted as to why the share price has held SO firm.It is almost as if momentum has become static.Is everyone waiting for an rns re the stamp fund?This is really weird.In five years of dealing in SGI I have never seen anything like it.Talk about control.The mms could have had a field day on this one....but they did'nt.
Is it because SGI is in such a niche position:is it because of Chinese/Indian(?) interest that we wait,WHAT is going on?

[getscenic] 22/3/2006 15:02

But the share price stays firm. Someone is soaking them up.

[scumdog] 22/3/2006 14:40

So we have directors and now a fund manager selling.

[getscenic] 22/3/2006 11:53

rrr,
you are correct ms last reported a holding of 12.25% back in june 2005.
following thier disposal it has now come down to 10.77%

[rrr] 22/3/2006 11:38

CR: are you sure that's what it means? Or could it mean that MSSL now, after a disposal, hold 2,700,000 shares?

"on 17 March 2006 Morgan Stanley Securities Limited (MSSL) disposed of an interest in the Ordinary Shares of Stanley Gibbons that resulted in MSSL holding a total of 2,700,000 shares, representing approximately 10.77 per cent. of the issued share capital of the Company."

rrr

[cockneyrebel] 22/3/2006 11:00

Morgan Stanley sell 10% holding - who's bought that lot?

Private equity bid coming?

CR

[cockneyrebel] 22/3/2006 10:30

Ex divi today and no tick down, that's nice!

Must mean there's a big buy order in there at 132p imo.

CR

[cockneyrebel] 22/3/2006 07:45

Ex-divi today - might see a penny or two of the price to allow for it - which means the price looks more attractive to buyers while we holders are no worse off! :-)

CR

[siskinbird] 17/3/2006 09:39

Thanks CR, that's useful info. It looks as if you are right - no move in the share price today. Obviously directors will sell to make some money from time to time - that's what we're all in it for, isn't it?, but the timing of the annoucement bothered me a bit - almost as if they are guilty about it!

[cockneyrebel] 16/3/2006 18:21

Last March a director sold 1m, never did the share price any harm.

I think if you look back directors have regularly sold, it's managed selling imo. When they hold millions of the things I think they recognise that they can't all decide to sell together at a top. I even find that my small holdings can't be sold in one hit at the top, better to sell bit by bit into strength.

Someone has bought these shares remember - a buyer wants more assurance than you or I, I would think.

If you have a closer look the guy selling is Paul Fraser, he's the guy that sold last March and September too - his sales are no guide to share price performance other than after he has sold the price has risen.

CR

[siskinbird] 16/3/2006 17:19

Directors selling.....
RNS issued 5 minutes after the market closed. Could produce a fall tomorrow:-----

Stanley Gibbons Group Limited
16 March 2006


The Stanley Gibbons Group Limited
('Stanley Gibbons' or 'the Company')

Director's Dealings, Holding in Company and Grant of Options

The Company announces that on 15 March 2006, Paul Fraser sold 300,000 Ordinary
1p shares at 129.5p each, ex-dividend and 200,000 Ordinary 1p shares at 133.125p
each, cum-dividend. This takes Mr Fraser's shareholding to 1,226,719 Ordinary
shares, which represents 4.89 per cent. of the issued share capital of the
Company. The shares were sold to cover demand in the market.

The Company was informed today that on 15 March 2006 Timothy Dunningham disposed
of 500,000 Ordinary shares, reducing his holding to 1,669,500 shares,
representing 6.66 per cent. of the issued share capital of the Company.

Stanley Gibbons additionally announces that the following options were granted
for nil consideration under the Company's unapproved Share Option Scheme over
Ordinary shares of 1p in the Company. The options, which were granted at the
closing mid market price on 3 March 2006, are exercisable subject to the
satisfaction of a performance condition.

Director Options Granted Exercise Price (per share) Exercise Period
Paul Fraser 40,000 119.75p 3/3/2009 - 2/3/2016
Michael Hall 40,000 119.75p 3/3/2009 - 2/3/2016
Richard Purkis 40,000 119.75p 3/3/2009 - 2/3/2016

For further information, contact:

The Stanley Gibbons Group Limited
Paul Fraser, Chairman 020 7836 8444
Michael Hall, Chief Executive 01425 472363

Seymour Pierce Limited
Jonathan Wright 020 7107 8000




This information is provided by RNS
The company news service from the London Stock Exchange

[hectorp] 15/3/2006 10:17

no CR, been away from the stock for ages.

[gengulphus] 15/3/2006 09:27

No, the results say that the dividend will be paid to all shareholders on the register on March 17th. That's the "record date", not the ex-dividend date (which is when the market starts trading the shares without the right to the dividend). The ex-dividend date is always two trading days before the record date - normally with the ex-dividend date on a Wednesday and the record date on a Friday, though bank holidays can alter that schedule. (When they do, they normally move the record date into the next week. The ex-dividend date can only fail to be a Wednesday if a bank holiday falls on a Wednesday, which can only happen in the Christmas / New Year period.)

The connection between the two dates is the standard 3-trading-day settlement period: assuming no bank holidays, a trade on the Tuesday settles on the Friday, putting the new shareholder on the register in time to be sent the dividend; a trade on the Wednesday settles the following Monday, ao that the old shareholder is on the register on the Friday and is sent the dividend. This makes all the administration run smoothly if the standard settlement period is used. (If non-standard settlement periods are used, you can get discrepancies where one shareholder is entitled to the dividend because of the day that the shares were traded, but another gets sent the dividend. When this happens, the brokers have to step in, claim the dividend off the person who was sent it and forward it to the person who is entitled to it.)

Gengulphus

[orange1] 15/3/2006 08:52

advfn is correct. Since any trade carried out today will not settle before 17 March (ie it is impossible by buying today to get yourself on the share register on or before 17 March) the share is effectively trading today ex-divi.

[hippy] 15/3/2006 08:28

Check the Divi date before selling!
The accounts say ex-divi on the 17th March and not as ADVFN flag?
Which is correct?

[cockneyrebel] 15/3/2006 07:57

ex divi today - the divi is yours if you herld last night.

CR

[hectorp] 14/3/2006 18:54

abergele is right..

[ygor705] 14/3/2006 18:48

Fingers has got this one dead right since I asked him for an opinion in January. There is currently more upside than downside according to him .................... that's good enough for me!