Stanley Gibbons Share Discussion Threads

[cambium] 11/5/2007 14:16

Great news, brodening the horizons,

Warren Buffet may be on the prowl soon!

[hywel] 04/5/2007 14:37

The Stanley Gibbons Group Limited
4 May 2007

The Stanley Gibbons Group Limited

('Stanley Gibbons' or 'the Company')

Appointment of Director

Stanley Gibbons, the stamp dealers and publishers, is pleased to announce that
Dr Stephen David Sjuggerud has been appointed to the Board of the Company today
as an Executive Director.

Steve Sjuggerud, 35, graduated from the University of Florida in 1992 with a
degree in Finance. He went on to complete an MBA at the University of Central
Florida and then obtained a Ph.D in Business at the University of Orlando (now
Barry University).

Since 1996 Steve has worked for Agora, Inc, a major international publishing
house based in the US, as an investment analyst publishing independent
investment research. His investment letter is one of the world's largest, with
approximately 77,000 paid subscribers. In addition, he has also worked as an
investment analyst for a New York based hedge fund with over US$900 million
under management.

Steve has conducted considerable research into the performance of 'alternative
assets,' including rare stamps and coins, against traditional asset classes,
and has written extensively and lectured on the subject. He is an avid
collector, and owns rare stamps, coins, and autographs, amongst other
collectibles.

Paul Fraser, Chairman of Stanley Gibbons, said,

'We are delighted that Steve Sjuggerud has joined Stanley Gibbons. With his
extensive background in investing, publishing, and collectibles, he provides an
exceptional fit to our executive team. Steve is based in the U.S., which
provides us with key representation in the important North American market in
line with our strategy to expand geographically. We believe that his wealth of
knowledge will assist the Company in developing the business to achieve
new levels of profitability. This makes him an ideal addition to our Board.'

Note:

The following details to be disclosed under Schedule 2(g) of the AIM Rules.

SD Sjuggerud has a beneficial interest in 20,000 Ordinary 1p Shares in Stanley
Gibbons, representing approximately 0.08 per cent. of the issued share capital
of the Company.

There are no other matters required to be disclosed pursuant to paragraph (g)
of schedule 2 of the AIM Rules.

For more information, please contact:

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

Seymour Pierce Limited
Jonathan Wright T: 020 7107 8000
Liam O'Donoghue

This announcement is also available on the Stanley Gibbons website:
www.stanleygibbons.com

[gregory0106] 02/5/2007 12:45

Sorry to go off topic, but does anyone know if SGI offer stamp collection insurance policies?

Or, anyone know of a reliable insurer as I want to insure the small collection I have seperately from the home insurance.

Thanks in advance.

[westcountryboy] 30/4/2007 21:12

Hi DoY

Yes, you're right. Excuse the late Sat night posting - not entirely my prudent rational self!

[capimus] 30/4/2007 20:30

Wilmdav

What's that about mixing business with pleasure. Who the hell cares - this stock is finger lickin good!

[wilmdav] 30/4/2007 14:40

Hi WCB

You might be right about the speculation but Fraser is chairman not CEO. That post is held by Michael Hall, who was with Fraser at Flying Flowers.

Might be wishful thinking on my part, but I'm more inclined to think the sharp rise is a somewhat delayed reaction to the very bullish agm statement, in conjuncion with current valuations.

Next year, if things continue to go well, I might quite like the idea of attending an agm in Jersey.

DoY

[westcountryboy] 28/4/2007 23:44

I presume the reason for this week's strength - driving the stock above the rising channel on the chart - is precisely the assumption that with Fraser retiring the business is up for grabs. Is there a young CEO being groomed or not?

[jtcod] 28/4/2007 20:41

If I were the management I would keep driving the business toward £170m and then pick up the phone to Berkshire Hatherway and offer it for £250m. Deal would be done in under 2 days imo provided it was within 20x earnings net of cash and investments. The management would have a job for life after that and massive funding potential for further expansion. Buffett wouldn't need asking twice once SGI had suffient scale to make it worth his while imo.

[capimus] 27/4/2007 19:23

Wouldn't a private equity outfit just love to snaffle this up for small change, load it with debt and double/treble their rotten money!

[hywel] 27/4/2007 14:06

I'm sure we'll see 300p in due course, probably not for a while yet, but i think it's entirely possible it could happen later this year. A nice bit of consolidation around this are would be nice. I'd rather see it go up at a 2 o'clock angle than a 1 o'clock angle - but i'm not complaining :-)

[robsy2] 27/4/2007 13:50

Omman
I Dunno!
I remember the debate about when we would see 200p.My view on 300p is the same as it was on 200p .I am sure we will see 300p, but I don't know when.THis company has so many things in its favour , great franchise , market leader , massive market gains to be made , expanding area, huge barriers to entry etc etc etc that it will go up & up over the years .You'll know as well as I do that it's not every company you can say that about.

[its the oxman] 27/4/2007 12:50

15 x 2008 probable c.20p eps (current 18.8p forecast)for 300p pretty soon imho - not too strong a rating for fast growing improving business with the best name in the trade - or am i getiing carried away?

[ollie6] 27/4/2007 10:23

up 7p so far today,just bought more.am i right in thinking that great city fund manager l.licht has a big holding

[gregory0106] 27/4/2007 10:06

120K sale at 216p and the price stayed steady. That has to a strong posative sign imho

[its the oxman] 26/4/2007 14:52

roll on 250p

[jtcod] 26/4/2007 13:48

Sorry no chester. I've been buying more GNG today. One new contract worth 80 % of last years turnover.;-

[chester] 26/4/2007 13:31

JT Cod - You been buying again today ? Your 50K ?

[abergele] 25/4/2007 10:11

I should think if momentum of selling keeps up ,they could buy some at £2-07p

[stakeadder] 23/4/2007 18:39

I reckon share buy-backs have re-commenced.

[its the oxman] 23/4/2007 14:33

pretty positive reversal from its lows today - now 212.5p mid

[abergele] 23/4/2007 11:17

This share is so predictable

[cambium] 23/4/2007 08:14

STANLEY GIBBONS

Last year's annual dividend payout of 3p will be raised by a third to 4p for this year and by a further 25% to 5p next year. At 141.5p, that puts the shares on forward price earnings multiples of 13 for this year, falling to 10 for next year, with forward estimated dividend payouts worth 2.8% for this year, rising to 3.6% in 2007. For a company with a healthy balance sheet and strong cashflow, the rating is far from demanding.

Stamp of approval

Stanley Gibbons, if the name means anything to investors, is usually associated with stamp collecting. But these days the company is also a dealer in other memorabilia such as rare records and autographs, and has also set up a website allowing collectors to catalogue and manage their possessions online. Seymour Pierce analysts believe the shares have been unfairly overlooked since the company's half year results in July, and point out that the company's increased internet presence boosted new customer recruitment by 15% during the first six months. With profits of £3.75m expected this year, Seymour Pierce reckon the shares, down 0.5p to 149.5p yesterday, look attractive. The broker has a price target of 196p and a buy recommendation.


Stanley Gibbons Group Limited is principally engaged in the business of dealing and selling stamps, autographs, rare records and related memorabilia. The Company also engages in the development and operation of collectible Websites, philatelic publishing, auctioneering, retailing and manufacturing of philatelic accessories. A major part of Stanley Gibbons' business is the management and sale of rare stamp portfolios as an alternative investment. During the year ended December 31, 2005, the Company launched a new online service, My Collection signing up over 1,000 new subscribers in the first three months. My Collection is a new tool, which enables collectors to manage, view and value their collections online.
For the six months ended 30 June 2006, Stanley Gibbons Group Limited's revenues increased 44% to £7.6M. Net income increased 82% to £992K. Revenues reflect sales growth driven primarily by development of the investment department and strong growth from the sale of specialist stamps to collectors. Net income also reflects improved operating margins, the absence of exceptional operating costs and higher interest receivable & similar income.

[jtcod] 22/4/2007 17:36

Woody
For some reason, I have missed it until now. Looking back to find out why, there have been many times it just missed my search. That's the way it goes. I just love the strength of Brand it has and I am sure you are right, Buffett would as well.

[woodcutter] 22/4/2007 14:25

JT

Good to see you on board. This is my quiet time from now till sept, too much golf to play, so little posting, buying or selling but couldn't help noticing your purchase. Regardless of the numbers which speak for themselves this is an A1 business, it fits all my criteria, strong balance sheet, good cashflow and profits and more than anything else it's a recognised brand a real niche company, in my view a real buffet type stock, so i'm not surprised your in. My only surprise is someone with your expertise wasn't here a lot earlier.

i'd like to buy more myself but it would throw me way overweight and i'm already highly invested from a couple of years so lets just enjoy the ride

Woody