Stanley Gibbons Share Discussion Threads

[tipodochus] 22/4/2007 12:27

Well that's OK as long as the collectable stamp market is rising! Many people in the industry are concerned about the prices rising to levels last seen before the last crash in the 90's, if the same thing happens again, SG will be left with stock that can only be sold at giveaway prices or they hold onto it. I'm not suggesting it will happen soon but it's something to bear in mind.

Tipo

[jtcod] 20/4/2007 17:06

ITO
I agree.

SGI is different from most other business' in so many ways. The balance sheet for instance. Any other company has stock but where as stock sitting around in another firm could be a liability, for SGI it's as good as cash in the bank imo. Apart from the extremes of a financial crises, it should at all times be readily realisable. For a company like this I would class stock as liquid investments along with cash reserves.

[its the oxman] 20/4/2007 16:47

just out of interest if anyone has any thoughts - given management comments highlighting 'the consistency and longevity of our profit streams' and the business protection of an 'ever widening revenue base' surely the overall quality of the business is improving as well as the earnings and thus deserving of a high rating - not that i am sure what or how high that should be.

[potem] 20/4/2007 16:20

JTC : I didn`t mean you had to do it straight away!

[potem] 20/4/2007 16:06

JTC : Greetings. If that was you who pushed the share price up today could you become the proud owner of 200,000 on Monday?

[jtcod] 20/4/2007 16:02

Now the proud owner of 100,000 SGI shares.

[its the oxman] 20/4/2007 14:56

reckon 220p short term if market stays robust

[tom.muir] 18/4/2007 20:01

stakeadder - don't go overboard on the 15% buyback. This is just renewing the authority to buy back which they have had for a few years now but have only used sparingly.

It's looking good still and will hit 300p, but not sure when. All I know is that when it happens I will still be holding.

But the share price can be quirky and in previous years good news has been followed by share price reductions. However for those who stay in it always comes good. And the divis are very useful too.

[stakeadder] 18/4/2007 19:01

We cant get more bullish than that !!

Love the bit about share buybacks. Up to 15% WOW !!

Should see forecasts and target price seriously upgraded now.

[cambium] 18/4/2007 16:56

and I was just thinking this morning when this is going to burst through the £2

[its the oxman] 18/4/2007 16:47

with the tone of the statement i reckon its just a question of time before we get an upgrade - a rose tinted view, but i suspect we may get to 300p now more quickly than many suspect

[gregory0106] 18/4/2007 16:31

Been away from this one a while (typical)

Is Fraser going and start of search for a replacement news or has that been known for some time?

If its news, it could cause some doubt going forward.

[qs9] 18/4/2007 14:41

Be interesting to see if any upgrades following this, but current pre announcement TP I could see was £2.35, so would like to think the TP will be raised.....good strength so far, hopefully some good write ups will see another 10%+ added in short order......cracking value IMO.

[its the oxman] 18/4/2007 13:42

pretty bullish comments in the agm statement re continuing growth and internet , like ' we continue to raise our own expectations' - up and 200.5p mid as i write, personally reckon we'll see further rise as well now in weeks ahead

[robsy2] 12/4/2007 17:41

someone asked a while back when SGI would go through 200p . Looks like soon.
Come on you beauty!

[its the oxman] 11/4/2007 08:21

come on - lets see 200p

[moneybags] 11/4/2007 08:03

something up this morning.
Started up 4p and now climbing.

Regards , Moneybags

[stakeadder] 03/4/2007 18:12

Looks like the broker's note's been forgotten already !

[tole] 03/4/2007 10:02

A bit more on the new target price not mentioned..



Stanley Gibbons "buy"

Monday, April 02, 2007 7:25:28 AM ET
Seymour Pierce

LONDON, April 2 (newratings.com) - Analyst Andrew Wade of Seymour Pierce reiterates his "buy" rating on Stanley Gibbons (ticker: TB6). The target price is set to 235p.

In a research note published this morning, the analyst mentions that Stanley Gibbons is benefiting from approximately 10% underlying growth in its core stamp trading and collecting market. Stanley Gibbons' PBT and EPS are estimated to grow substantially going forward, given the entry of new customers, mainly high net worth individuals, and the growing demand for investment grade stamps, the analyst says.

[cambium] 03/4/2007 09:16

funky Gibbons

thats poor!

[hazelton] 03/4/2007 07:24

I had noticed that the directoral holdings were smallish now , any thoughts ?

[chester] 03/4/2007 07:14

Thanks Cambium, I've now found it.

Stanley Gibbons

Seymour Pierce is bullish on the stamp collector. Rates funky Gibbons a buy with a 235p a share price target. Broker adds: 'With the business now approaching the £50m market cap which should see it appearing on more investors' radars.