Stanley Gibbons Share Discussion Threads

[gregory0106] 04/6/2007 13:30

5% rise already today. Is there a takeover building here?

[jtcod] 04/6/2007 13:02

zp
Thanks for that.

Like you, I am so confident in this brand that I do not feel the need to check on it too regularly and like to think I will still hold in 20 yrs time. It's the only true Buffett style stock I hold.

I am particularly interested in how the company approach expansion in the US. An acquisition should prove interesting if they choose that route.

[its the oxman] 04/6/2007 13:01

might see 250p today maybe, but its the long term here that is so attractive - still looks very cheap to me considering their market position and the business potential over the years ahead - so roll on 1000p

[zetland post] 04/6/2007 12:53

JT
Worldwide brand perception probably has a lot to do with what catalogue collectors use. The US market uses Scott as its first choice whilst European collectors use Yvert and Facit among others. There are also many specialised listings/single country offerings about.

The main catalogue challenge to SG comes from Scott which possibly has the edge overall, being used widely worldwide and in particular for their US catalogue which is very detailed. Historically SG is the catalogue of choice for British and Commonwealth collectors and here they are far ahead of the opposition although the also have a very good European offering.

SG also has the advantage however of being the only catalogue which is accessible online (as far as I know) and also being the only company to be strong in every market segment (publications, album/accessories retail and stamp sales)
As a quoted company with access to funding they also have the ability to pick off suitable targets in what is an extremely fragmented market.

I have been in SGI since below £1 and it is the one AIM stock that I dont worry about day to day. Capimus may well be right with his long term forecast.

[tom.muir] 03/6/2007 12:03

I hope so Capimus. If this one becomes a ten-bagger from this point I will become a millionaire. Fingers and all else crossed. Tom

[jtcod] 03/6/2007 10:00

Capimus
Do you have any contact with other stamp lickers across the world?

I just wondered if their perception of the brand is as strong as ours.

[capimus] 02/6/2007 17:34

The chart is merely confirmation of what we stamp lickers have known for a good while, that is in the most unusual postion of unassailable market dominance yet having a tiny market share. It has been a finger-licking good investment for us, but remember it's where it's going that matters. Arguments against it quintupling its profits or indeed in 5 years time being a 10 bagger?

[diogenesj] 01/6/2007 10:54

Still very good value imo.

[its the oxman] 01/6/2007 10:49

250p anyday hopefully

[chester] 01/6/2007 09:19

New Highs....lovely.

[paxton208] 30/5/2007 18:12

still only worth 57million

[gregory0106] 30/5/2007 17:37

Nice jump up again today. Anyone know of any news that may have caused it or isit just the continued uptrend with SGI?

[hywel] 17/5/2007 18:28

Is that a new high i see before me :-)

[40plus] 17/5/2007 15:53

For all the T1ps.com members there is an interview with Mike Hall CEO which to me reconfirms the investement I made in Sept 2003. Worth a listen if SGI's been on your watch list.

[wilmdav] 14/5/2007 11:46

Older Stamps in general have been appreciating at a rate of 100% at least in the last 12-15 years in my estimation.

abergerle

Is that 100% p.a. or over 12-15 years?

From what you say about Channel Island catalogue prices it seems that SGI have been carefully selective in their choice of period for quoting the SGI 100 index. They also compare it favourably to share prices over the same period from 2000, right at the top of the tech boom.

Thanks for the reply.

It will be interesting to see what JT comes up with on a broader front.

[abergele] 14/5/2007 10:29

Wilmdav,

Older Stamps in general have been appreciating at a rate of 100% at least in the last 12-15 years in my estimation.

but , between 1996-2001 catalogue prices had dropped 35% at least from Guernsey and all Channel Islands prices....but then reversed by 2006 to being 50% above 2001 cat, prices in general....

so its a funny game collecting stamps.
A bit like shares if you think about it, buy some more while they are cheap and they are worth more now.
but as a collector, and other serious collectors, we never seem to sell I suppose...but thats me.

Ebay has been going from strength to strength selling stamps...Even SGI has a selling site /shop there ,with bargains to be had...

Gibbons makes the price of stamps up from concensus I suppose, but being fair to them they have dropped and come back. so its not a fraudulant scenario from them by any means...IMHO....if they wanted they could keep going up, and up and up with their cat. prices...supply and demand....

Stamps are never a short term issue, unless like at a boot sale someone picked up a rareity. and then you are onto a winner...

[jtcod] 14/5/2007 10:14

Cheers guys, not leaving till the early hours.

[wilmdav] 14/5/2007 10:10

JT

Just what I'm looking for - very happy to wait. Thanks for the prompt reply

[cambium] 14/5/2007 10:06

Have a good break, you deserve it JT

[jtcod] 14/5/2007 09:59

Wilmdav
I have stuff going back to 1954 and I'm putting together a comparison with all other investment classes. Problem is that it is incomplete and I am leaving for Switzerland, so have to wait till next week some time. Sorry. However I will say it looks very favourable for this asset class. Incredible stability even in the face of serious financial crisis. Not one down year in over 50 years for the 30 most rare stamps as a portfolio. Extraordinary imo.

[wilmdav] 14/5/2007 09:40

A factor that disuades many serious private investors from taking a postion in SGI is an assumption that the share price is closely correlated with the used stamp market, coupled with a fear that that market suffers extreme swings over the years, like classic cars.

The SGI Index suggests that this is not the case but it only goes back to year 2000 (on the website anyway). Rate of appreciation 2000-2006 is a steady 7.3%, nowhere near the performance of SGI share price.



Can any of you serious stamp collectors give an indication of used stamp values over a longer period and whether is does experience significant variations of movement?

[abergele] 13/5/2007 01:14

Gregory ,
sorry picking up your request re. stamp insurance a bit late.
I insure with.
Stamp Insurance Services.
in Exeter,
Tel...[phone]
mine works out £22, per annum,
for £5k worth of unspecified..
give them a ring

[stakeadder] 12/5/2007 17:36

Yes, we may see some kind of acquisition in the american market soon.

[darthniner] 12/5/2007 10:11

lets hope so