Stanley Gibbons Share Discussion Threads

[mo123] 22/1/2004 09:02

It would be nice if they did a QXL nurdin. Still on a forward P/E of less than 9 with 70%+ growth going forward.

[nurdin] 22/1/2004 09:00

what a great start....60p soon at this rate :o)

[nurdin] 22/1/2004 08:54

Chart says we are on another leg up...looks like some strong buying in the background..

[cockneyrebel] 21/1/2004 22:24

I think the implementation of the websites means more costs in H1, more payback in H2 alf.


Look, from the Dec 19 statement

"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."

They can't spell it out anymore, and if they did less than 1p in H1 and do over 3.3p for the year that's 2.3p+ in H2.

1p H1, 2.3p H2 this year - earnings increasing 1p+ on the rolling half years. So you could expect 3.3p in H1 next year and 4.3p in H2 = on that momentum. Not saying they'll do that but it illustrates how 5.7p could easily be met or beaten imo.

CR

[gengulphus] 21/1/2004 21:11

Gateside,

Afraid I disagree that it "is always worth trying to get the best possible price for your hard earned cash". It is always worth trying to do so *and succeeding*; whether it is worth trying depends on your chances of success and what you lose if you get it wrong. I'd personally want about 80-90% certainty that the price drop was going to happen, since the drop is only about a penny or two and the share could rise 10p very rapidly. I use charts, but I don't think I've ever been *that* certain about a chart prediction!

But no matter - we're all playing this on what we're most certain about and how we see the odds. And good luck!

Gengulphus

[nurdin] 21/1/2004 11:36

Swap them for some SGI shares from the company CR :o)

[cockneyrebel] 21/1/2004 11:14

Didn't have all those websites on my list - time to go and have a browse :-)

CR

[mo123] 21/1/2004 11:11

Morning nurdin - not only that but if SGI state at results time that the number of hits is up to the 10 million mark, I think that the company should benefit from the rise in ad spend.

Optimism sees companies investing more in internet ads
January 21, 2004 Jennifer Whitehead,

LONDON - Companies are increasing internet ad spend at a stronger rate than at any period since the height of the dotcom boom and the sector has outperformed every other medium, according to the latest Bellwether Report.

The research shows that in the last quarter of 2003 more companies were revising their internet marketing budgets upwards than since the second quarter of 2000. A quarter of companies reported a rise in internet spend while only 4% said they were cutting it. It also found that internet marketing had performed better than all other categories of marketing spend monitored by the Bellwether Report for seven consecutive quarters. However, it did reveal that 25% of companies still spend no money on internet-related marketing. John Owen, IPA digital marketing group chairman and planning director of Dare Digital, said: "Internet marketing's steady and consistent growth continues unabated. Clients from all sectors now consider it a staple part of their marketing mix and many continue to revise their online budgets upwards as they see further proof of the medium's effectiveness." The Bellwether Report painted a rosy picture for the advertising industry in 2004. It found that more than 50% of advertisers are preparing to spend more money and claimed that the market is the most optimistic it has been since the dotcom boom.

List of SGI sites

1.www.stanleygibbons.com
2.www.allworldstamps.com
3.www.stampsatauction.com
4.www.gibbonsstampmonthly.com
5.www.stampcafe.com
6.www.frasersautographs.com
7.www.collectorcafe.com

[nurdin] 21/1/2004 10:24

If ebay and qxl are doing well with on-line auctions you can imagine how sgi are doing with a great brand name,a rapidly expanding customer base and product lines which the faithfuls die for...04 forecasts will be upgraded I have no doubt!

[nurdin] 20/1/2004 22:14

Well buy qxl and you would be constantly on edge..not knowing what might happen tomorrow or the next day.A slight wobble on nasdaq and the price comes down as fast as they rise.These days i prefer buying stocks,techs or otherwise,with strong fundamentals...stress free investment!

[kael] 20/1/2004 22:07

What you mean and miss the bargain going at qxl..?

:)

edit - i was watching the action on lev 2 today, and all i could think was, any minute now its going to crash, any minute now, any minute....it didn't (unfortunately)

[nurdin] 20/1/2004 21:56

Makes it even more surprising that some recent holders have sold to chase tech stocks with sky high multiples or assets hardly worth mentioning!

Gateside..you doing the right thing..best to go in with your eyes wide open..that way you sleep easy :o)

[cockneyrebel] 20/1/2004 21:46

Net assets around £9m, market cap £11.3m.

Looks even cheaper when you add that to the earnings growth doesn't it?

CR

[gateside] 20/1/2004 21:42

Thanks Nurdin... still new to SGI and am trying to learn as much about the company as quickly as I can.... and i like what I see.

[nurdin] 20/1/2004 21:36

This statement makes shows the worth of their holding:

''The Board of the Company announces that on 17 December 2003, Provide Commerce
Inc, (previously Proflowers Inc), in which Stanley Gibbons has a shareholding,
was admitted to trading on NASDAQ. The mid-price of the ordinary shares in
Provide Commerce Inc (ticker symbol PRVD) at the close of trading on 17 December
2003 was $13, valuing Stanley Gibbons' interest at approximately #1.7 million.
The carrying value of this investment in the Company's most recent balance sheet
was #223,000.'
At $19 that stake would be worth circa £2.5m

[gateside] 20/1/2004 21:32

Does anyone know what percentage SGI hold in Provide?

Thanks

[daza70] 20/1/2004 21:17

provide testing its high again. Im sure $19 is on the cards soon. What does that value the stake at???

[nurdin] 20/1/2004 18:20

Wally..thanks for that independent input...I had forgotten about Frasers autographs ..its one of their their 'collectables' lines which I understand is doing very well too..

[gateside] 20/1/2004 18:14

I totally agree that it is worth combining fundamentals and charts. I fully agree that SGI is an excellent buy, but the charts are saying that it will drop a couple of pence more. It is always worth trying to get the best possible price for your hard earned cash.

[wally123] 20/1/2004 18:09

Hi all

I dont own the stock so have no position, to many other stock positions etc etc

Just wanted to say i dont know much about stamps either but i do use Frasers Autographs as im big on Autograph collecting and they are absolutely superb. Cant fault them.

I would go as far as to say the best in the industry. Quality, first class.

The market caps worth it for Frasers alone imo.

Good luck all on this i may come on board later. Regards

[kael] 20/1/2004 18:04

Well im not really "desperate" to get the price lower, in fact i have no doubt I will get on board. There is a reason to getting on board at a good price and you've stated it. I dont like seeing a loss on investments and I've learnt to look before I leap. I tend to use charts for timing my trades, doesnt work every time, but works often enough to make them worthwhile. I also trade on value occasionally...GLD is my current value play...but as you can see it doesnt always work out how you plan.

These shares would have been traded since the 40p breakout, technically they are due for a retracement to 44p, if it happens then it happens, if it doesnt it doesnt. But I will still look for an optimal entry point.

[gengulphus] 20/1/2004 17:50

Kael,

Sorry, but I don't see why you're so desperate to get the price "a teeny bit" lower before you get on board.

Either you think the share is very good value and really want to get on board, in which case I understand your desperation but don't see why you're risking not getting on board at all for the sake of a penny or two on the price. Yes, you'll sometimes improve your profit a few percent by waiting for the price you want - but if even 10% of the very good value shares you do this for never drop to that price, you will lose out overall.

Or you think the share is a borderline case, not worth buying at the current price but worth it if the price drops a penny or two. But in that case, why the agonising over it? - it's a borderline case, after all...

Gengulphus