Stanley Gibbons Share Discussion Threads

[nick54] 10/6/2008 09:45

Bought in here three months ago thinking this would be a good play in these market conditions. Chart looks horrible!

[robsy2] 05/6/2008 15:37

This is looking weak. Maybe stamp collecting is discretionary expenditure?

[bookworm1] 02/6/2008 18:43

Saw this new book in Waterstone over the weekend and had a look at the chapter on investing in stamps. It was great advert for Stanley Gibbons.



A beginner's guide to putting your money in alternative areas

What is 'superhobby investing'?

Superhobby Investing is at the intersection of investing, collecting and other serious hobbies. It's about examining how you can ratchet up a hobby or a collecting passion into an investment option.

In each case the book explains how the markets operate, what the risks are, what returns can be expected, and what knowledge and skills are required. Each asset profile includes:

- The history of investment in the asset
- The basic characteristics and features of the market
- The examination of long term returns, with detailed figures
- The tax angles (if applicable)
- The major issues
- How to buy and sell, including major dealers and auctioneers
- Sources of information

[bookworm1] 22/5/2008 12:40

hywel not a chartist but there is nothing to suggest that the share has broken out of its 12 month downtrend. Although everything seems to suggests that this could start to move up again quite soon.

Since Feb we havn't really had a series of higher highs and higher lows.
Support is probably 180p and resistance is probably 210p so the share is trading sideways somewhere in the middle.
However the price remains below the 200 SMA for the first time in five years which is a clear buy signal as far as I am concerned.
The daily coppock has almost reached the same level as Jan 06 when the share price jumped from 93p to 167p.
The point and figure graph is getting very bunched up and looks as if it is about to break out one way or another. But I know nothing about P&F graphs.

The fundamentals seem to suggest that if the business model remains sound and P/Es are not rated down then the current price of 189.5p on historic earnings of 13.41p will give a projected valuation of 270p on forecated earnings for this year of 19.1p.

As far as I am concerned this is a sound well run business growing at 20% p.a.
BlackRock seem to like it enought to include it in their small company fund.

[wilmdav] 22/5/2008 11:53

Personally much more interested in and happy with fundamentals, hywel.

FWIW BlackRock was chosen by the Fed to evaluate the Bear Stearns liabilities taken on its books.

[hywel] 22/5/2008 10:25

Since its deathly quiet here i thought i'd post this:

www.investegate.co.uk/Article.aspx?id=200805221011540567V

BlackRock UK Smaller Companies Fund (formerly Merrill Lynch UK Smaller CompaniesFund) has uppped its holding from 4.67% (25th April) to 5.03%.

Any chartists here? Have we broken out of the downtrend yet?

[chairman2] 13/5/2008 12:35

well that was an exciting two weeks!

[chairman2] 28/4/2008 09:53

Anyone visit the SG stand at the tips1 Master Investor show
this past weekend?

And learnt anything new??

[wilmdav] 25/4/2008 23:03

Apologies for neglecting this board. I posted on TMF first because questions asked at the agm were prompted by a recent discussion there of SGI's business model. The lack of a follow up post here was entirely due the fact that I've only just got back after 10 days in the Channel Islands and had a lot of 'things to do'.

Thanks to bookworm for providing the link.

On the face of it, Seymour Pierce forecasts for 2008 look rather demanding in relation to Q1 turnover improvement of 10%. PTP of £5.7m is up 26.4% up on 2007 and eps of 19.1p is up 42.4%. The difference in percentage between PTP and eps is explained by the change in Guernsey corporation tax from 20% to zero. But the broker was involved in placing the European Smaller Companies shares to institutions so they must have a good idea of prospects and costs. I just hope it's not a case of an old forecast being left in place that they have not got round to adjusting.

The company website does now show interest free credit to be limited to 12 months - down from 36 months. A sensible move in my view.

[bookworm1] 25/4/2008 14:57

An excellent write up of the AGM on TMF by 'our man in Jersey' the Board master himself.

[romi2nikki1] 25/4/2008 09:16

re HarryKewell

I brought up the subject of forecasts on Barclays site a few posts ago. I am confident that the Seymour Pierce note is authorative. Wont be the first time complete nonsense viz broker forecasts on Barclays.

[bookworm1] 24/4/2008 19:01

Solves the problem of the 19% stock sold by European Smallcaps at 176p

"Only four things really count when making an investment - a business you understand, favourable long-term economics, able and trustworthy management, and a sensible price tag. That's investment, everything else is speculation." Warren Buffet

[battlebus] 24/4/2008 18:41

Well Standard life and Artemis think this co is going places as they have both added. Surely a vote of confidence.

[harrykewell] 24/4/2008 18:30

As I said, DGO, up 4% today. Nice close and good forum posters.

HK

[ygor705] 24/4/2008 18:29

Noticed the same thing HK but all the evidence points to further progress this year and next. This must be one of the best shares to hold in what looks likely to be a very inflationary environment over the next couple of years.

[harrykewell] 24/4/2008 09:54

That's what worries me as the Barclays site shows 19.1 as being the estimated figure previous to the revised figure of 13.8 which is slightly down on last year.

I have sold but will keep an eye on SGI.

They have gone at bit stale in last 8 mths ot so. Bought at 188p high of 250p+ sold at 191p.

There are more exciting opportunities such as DGO.

HK

[bookworm1] 24/4/2008 09:29

Levr Digital Look figures are wrong. Tipsheets are pushing SGI at 193p as a buy upto 262p being highly cash generative, with market sentiment on its side and trading on a single digit earnings multiple next year.

[harrykewell] 23/4/2008 23:38

Hi, I bought these a year ago based on the low PEGs. Looking at Barclays Stockbroker site research, the earnings for year end 31 Dec 2008 are projected at slightly lower than 2007. Does anyone know when they were downgraded from 19.10p to the current 13.80p and what has caused the downgrade?

I wonder whether these are still worth holding.

HK

[chairman2] 23/4/2008 16:29

major shareholder out and lots of demand elsewhere

once the market gets over the indigestion this will be seen
as a good entry point

[ygor705] 23/4/2008 16:10

Am still in here and been tracking recent developments. Fundamentals still look 1st class but I fear that the next move may be down unless the recent placement generates M&A activity (which is not impossible although unlikely in my view). Looking to pick up more stock closer to the 170p mark and close off a couple of sales I've made during the past year.

[cockneyrebel] 23/4/2008 14:46

there's your RNS

Glad I only had a small few. I'll add if these go lower. @ 176p that they are getting the shares at they can sell straight into the mkt at 192p and make an instant profit - those 20K and 40K sells might be just that I suspect. Happy to hold a small few, will add more if these happen to get near that 176p.

CR

[bookworm1] 23/4/2008 10:32

Hopefully we will get an answer from 'the golden apple' at 11.30am

[masurenguy] 23/4/2008 10:25

Well both the 4.79m and the 2.5m sells yesterday will warrant an RNS as soon as the applicable shareholder(s) inform SGI of their transactions since they are qualifying holdings/trades. This is supposed to occur within 48 hours but sometimes there is laxity in adhering to these timeframes.

If they are offshore shareholders then of course compliance with this rule is only voluntary since it cannot be enforced !