Stanley Gibbons Share Discussion Threads

[bookworm1] 20/2/2008 14:04

There have been no announcements but it may be that the market does not believe that the company will achieve its targets this year but I would have thought that we would have had an announcement by now if that was the cause. Because there are more sellers than buyers it may just be that investors are getting out of the market and moving to cash with all the worries about the 'credit crunch' and fears that this share might be affected if the economy goes into recession. Or it could just be that the price is being forced down prior to prelim results which are due 14th March. Finally it could just be that the share price has fallen below the 200 SMA which it hasn't done for 5 years suggesting that the price is falling and will continue to fall. Who knows? Take your pick or come up with some other reasons.

[liarspoker] 20/2/2008 13:54

Same thing that's with almost every other downtrend - bad market conditions, lack of news etc etc.

Full year results on 14th March should give us a better picture though.

[nuttynige] 20/2/2008 13:48

As a curious one time investor who's too lazy to find out why for himself, what's with this downtrend?

[bookworm1] 06/2/2008 13:44

It would be nice to have an announcement about developing an outlet either in the US or the Far East however the current economic climate may be putting those plans on hold for a bit. Development of the website into foreign language versions should generate some favourable news.

[liarspoker] 06/2/2008 13:22

I was thinking slightly ahead but I will be happy if consensus forecasts are met.

My main focus will be the outlook statement and how operations are going.

[bookworm1] 06/2/2008 13:19

Thanks Liarspoker my date was a system estimate based on last year. I notice that the company have the 14th of March on their web site but did not see the RNS about it. I would assume that the company already knows what its results now are for the year ended 31st Dec so in the absence of any announcements we can assume that they are likely to be on target. Any thoughts?

[liarspoker] 06/2/2008 12:22

Results will be released on 14th March.

The company has noted my mention regarding lack of trading statements so it will be interesting to see if we will receive a half yearly T/S from them in the future.

[stegrego] 05/2/2008 20:32

I notice that adverts in magazines that offered a Guaranteed 7% return, now only offer a Guarenteed 4 to 6% return...

[bookworm1] 05/2/2008 20:29

The interim results were good and there has been nothing to indicate that the company will not achieve broker targets of £20m turnover and profits of £4.6m for the year ended 31st Dec. Results are due to be announced 10th March. But price has been on a downward trajectory since Aug last year and no sign of easing up.

[romi2nikki1] 05/2/2008 19:42

Any ideas as to why the share price has contd to drift down? A trading statement would be good, but SGI always sparing with trading statements. None prior to last years finals, and at that time share price climbed sharply right up to results, which had not been upgraded for a long time. Has anyone any estimates dated after March 07.

[dixies] 26/1/2008 19:35

Sorry to intrude, although I am a holder. Is anyone else having difficulty logging on to their selftrade account? Since Friday the link to log on does not work along with a number of other websites eg. Halifax.co.uk and FT.com. It is apparently only affecting those of us who have Orange as their service provider. Having contacted Orange throughout yesterday and today, they seem to be doing little to rectify the problem.

[robsy2] 25/1/2008 10:10

The great thing about stamps is that they keep producing them, yet they are all different and sometimes emotive like the collection above , not surprising generations of people have collected them and will probably continue to do so.
Also nice to see Stanley Gibbons so centre stage , at the launches , getting the stamp index named after them. Very good for business.

[robsy2] 17/1/2008 18:22

Looks set for a bounce when the results come out and the divi is raised again and they announce something predictable like their market share has gone up from 0.5% to 0.75 of 1% of global stamp trading on turnover up 20% a year etc etc.This is a good one to hold. I'm with JT Cod on this one when he spoke about the Charlie Munger theory of finding the largest hill to roll your snowball down then just starting it off and enjoying watching it accumulate.
Obviously he said it all a bit more eloquently than that... Anyway where is the Codman to tell it like it is ?

[bookworm1] 16/1/2008 18:05

I liked the bit

"The board is now well balanced [for]...our ambitious expansion plans."

[andyderbys] 16/1/2008 12:24

Well the price has come down nicely for him

[liarspoker] 16/1/2008 12:13

Sir Michael Wilkes does not own any shares in Stanley Gibbons.

He'd best get his interests in line then. ;O)

[don carter] 20/12/2007 11:48

chap1889

'wary' - understandable in this market
'trend' - it went down for a few months last year too, round about the same time, and then came up again in December up to results

Nice chart, but you could infer it's time to buy from it as well as any other conclusion..........I've been in SGI for 5 years now and so far it's been pretty regular in its patterns.

Up 2.5% today so far...

[chap1889] 19/12/2007 10:09

Fundamentals look great, but I remain very wary of the share price movement. It has broken both support trent lines, shown no signs of reasserting them and now shows the start of a downward trend.


free stock charts from www.advfn.com

[liarspoker] 16/12/2007 09:56

I wonder if the Indian part of this auction will attract big interest from India ? Last auction for 2007 I'd say:

[liarspoker] 16/12/2007 09:55

Interesting article about stamp collectors - mentions SGI at the bottom:

[liarspoker] 16/12/2007 09:52

Again the papers have it wrong - it should not be 6% over 10 years but 6% per annum over the next 10 years:



For a guaranteed return on your alternative investment, you could buy someone a rare stamp or authentic autographs of George Washington, Beethoven or Einstein from Stanley Gibbons, the auctioneer. It promises 6 per cent growth in the value of your item over ten years.

[liarspoker] 09/12/2007 17:27

Framed Penny Blacks from Stanley Gibbons:

[liarspoker] 09/12/2007 17:26

Stanley Gibbons 'Buy':