Stanley Gibbons Share Discussion Threads

[stevepaulcarr] 09/3/2007 15:32

Personally, for what it's worth, selling any SGI shares of mine is the last thing I want to do after these results. For one, why lose the divi payment due? Growth is obviously still very good, future P/E is low (12.6 based on EPS of 14.60p) along with PEG (0.4) indicating a bargain.

Chart wise, it has recently bounced (twice) off it's 50 day moving average, with all three main averages (50, 100 & 200) moving upward nicely in the right durection and order, indicating that the bull phase of this stock is far from over.

Looking at the way the price has risen over the recent years can make you think that it's time to bank your profits, but looking at the facts, there is no reason to think SGI is overpriced so why sell?

Unfortunately (or fortunately, as I hope I've learnt from my mistakes) selling based on the share price instead of the value of a company, has (as far as I can remember) never been a good move for me.

S.

[wjccghcc] 09/3/2007 14:24

sold half mine too first thing. Felt the results were very solid but the outlook a bit less exciting than last time. Still, a rerating for the other half would be nice.

[bletherer] 09/3/2007 12:57

It's certainly a possibility that, despite SGI's absolute growth levels coming down slightly, its consistently good performance over a number of years now may start pushing up its P/E rating as more people become confident in the management. To declare my interest: I sold 25% of my holding today as in my view the results, while good, might not be enough to stave off some profit-taking, and I've had a terrific run with these. I'm happy to be proven wrong, though.

[abergele] 09/3/2007 11:30

2 of the early delayed trades above market size were sells imho.

total of 27K+ as blue, are sells.....

[gengulphus] 09/3/2007 11:25

Always worth remembering that big trades can and often do have their reporting delayed. For 6xNMS or above (i.e. 12000 shares or more for SGI) it can be delayed up to 2 hours, and there are some higher thesholds that allow longer delays. So what you see early in the morning on results day tends to be just the small trades - the more significant picture of what the big trades are doing only emerges later.

Gengulphus

[its the oxman] 09/3/2007 08:43

a few buys appearing now - reckon these could breach 200p in not too distant future.

[moneybags] 09/3/2007 08:36

bletherer....on results day SGI usually starts out blue,then turns red later on.
I have been in them for years and it's just what SGI does on a day like this.

Regards , Moneybags

[bletherer] 09/3/2007 08:32

Unless there's a big buy order being filled somewhere in the background I'm having trouble understanding why the price is still above the opening level when the ratio of sells to buys is 10:1 so far this morning.

[bookbroker] 09/3/2007 08:30

Pretty muuch as expected, gets more difficult to better expectations without an acquisition, organically this business relys pretty much on the wealth factor and consumer sentiment.

[its the oxman] 09/3/2007 08:18

decent enough results - bit of early morning profit taking no surprise here

[elmfield] 09/3/2007 08:03

I reckon we may be able to get in again cheaper, watching and good luck.

[cambium] 09/3/2007 08:00

I'm getting out this morning, thanks for the ride

[bletherer] 09/3/2007 07:59

Not as exciting as last year, when they nearly doubled eps, but of course that is not a sustainable growth rate. They have still raised both sales and profits by over 20% in the year, and sound very confident about 2007 prospects, though without any attempt at quantifying how well they think they might do. The forecast I saw for this year was 10.9 eps, so they are a little ahead there, but not enough to count as a significant "upside surprise". Always a possibility of profit-taking after such a good run, but if you drill down to the valuation level an historic p/e of 16 for a company with such a good recent record and such good prospects for further sales and profit growth does not look demanding.

[elmfield] 09/3/2007 07:54

With that type of growth it should be good then; but is it asking a lot to achieve that this year?

[penpont] 09/3/2007 07:51

More important to look forwards IMO. PE for this year 12.6., PEG 0.37, EPS growing by 33%. divi by 25% -all excellent numbers and hard to find elsewhere in the market.

2008 eps could be in region of 18p which on modest forward rating of 13x suggests target of 230p+ is poss. More realistic rating of 15x for such high growth suggests target of 270p+.

Quite happy to hold.

[elmfield] 09/3/2007 07:47

Looks like the market likes them?

[elmfield] 09/3/2007 07:28

11p eps at 184p a share = p/e of 16 or so. yield is 4p =2.5%,
could do better?

[gregory0106] 07/3/2007 08:54

Thanks tom.

[capimus] 07/3/2007 06:04

I'm predicting a happy week-end for all us stamp lickers.

[tom.muir] 06/3/2007 17:57

This Friday - 9th March

[gregory0106] 06/3/2007 17:53

Sorry if been asked before, but when are the results due out?

[robsy2] 06/3/2007 08:49

Fellas
I have found an interesting company called artnet quoted on the German Xetra exchange.Any idea where I might be able to go to find a billboard on a Xetra quoted company?

[stakeadder] 05/3/2007 18:21

Im holding out for a special divi too, and just had to buy some more today while the 'sale' continues.

[ygor705] 03/3/2007 18:22

The chart shows that the 15 month trend is still in place here and I anticipate that next weeks results will underpin the next bull phase. What chance a special divi with next weeks results? SGI are generating cash faster than the Bank of England printers.