Stanley Gibbons Share Discussion Threads

[wilmdav] 26/8/2008 20:00

Thanks Tom,

I might pop over from Brighton but depends what else is going on at the time.

[tom.muir] 26/8/2008 16:50

Don't know Wilmdav as we didn't find out about it last year until after the event. I would think that Richard Purkis will be there as he is based at Ringwood but I don't know if any others will be there.

The attraction for me is that I am only 15 minutes drive away so it's no trouble for me to get there. Tom.

[wilmdav] 26/8/2008 12:37

Tom/Cambium

What happens at Rignwood on open days? Are any directors present? If so, who are the most likely?

[cambium] 26/8/2008 10:36

cheers Tom

[tom.muir] 26/8/2008 09:58

For Cambium: I heard from the Company this morning that their next open day at Ringwood will be Sat 18th Oct 9am-1pm

[bookworm1] 21/8/2008 11:51

Saw this today:
"The Brazilian real is very strong right now. According to Bloomberg, the currency has gone up 83% against the dollar in four years.

[cockneyrebel] 20/8/2008 12:30

on the up - mm's trying to fill a larger buy imo - having to move up on buys of 1K or less.

CR

[cockneyrebel] 19/8/2008 19:24

Well done. This actually broke the down trend resistance yesterday and broke out which is very bullish. I see someone picked up 10K right at the close too.

CR

[battlebus] 19/8/2008 16:00

So did i, and closed a sell i made yesterday.

[cockneyrebel] 19/8/2008 15:39

All those sells been sucked up, moving back up.

Not all the buys showing, I've added.

CR

[cockneyrebel] 19/8/2008 08:32

Hmm. the chinese stocks are not for me as a serious hold, more a trade if I got involved.

I agree re the record of SGI - I know at least two people who have been waiting to buy on a dip, there must be lots more out there. I think when it starts moving up again it will be pretty sharp.

CR

[jtcod] 18/8/2008 11:56

I know what you mean CR. Though wouldn't RCG and TAIH fit the bill?

What I liked when I first researched SGI was that during 1973-1975 when the S&P500 dropped 50% and the FTSE dropped 60% the SG30 still continued to rise regardless.

[cockneyrebel] 18/8/2008 10:55

Yes, the interesting fact I read over the past week was that stamps had out performed all other investment classes including equities and property.

To be able to buy a co with a 150 year old record (so well tried and tested), on a forward PE of 7 and 5 years of continuous earnings growth looks compelling imo.

Actually look around and see how hard it is to find a stock with 5 years earnings growth on a single digit PE. Very few and far between.

CR

[cambium] 18/8/2008 09:19

Marlboro must be feeling a little sick now

[jtcod] 18/8/2008 09:14

lol
Go and look back at the last 50 years of the SG30. Through bear markets, the quadrupling of oil, 3 day week, Banking crises after crises, recessions. Not a single down year. ;-)

[mike24] 18/8/2008 09:10

time to cash in on this rise
the real winners are dealers
how can stamps be an investment with no yield
the real value of assetts are plummeting
£1 now will be worth 50p in 5yrs, 15p in 20yrs
inflation is erodeing debt at 10% a yr

[jtcod] 18/8/2008 09:03

It has Buffett/Charlie Munger stock written all over it. 150 year brand, World leader in sector, less than 1% of world market. As Charlie says "Find the biggest hill to roll your snowball down". ;-)

If it gets beyond £250m one day, Berkshire may even buy it imo.

[cockneyrebel] 18/8/2008 08:17

looked at these again over the weekend. The eps this year (normalised) will be the 5th consecutive rise, qualifying the stock for a genuine PEG rating as devised by Jim Slater. May even qualify as a Zulu stock I suspect.

CR

[battlebus] 16/8/2008 14:21

On channel 4 analogue business teletext service weekend analysis section page 507 they have a six page writeup on Stanley Gibbons and the Gb30 and the benefits of alternative investments.

[wilmdav] 16/8/2008 13:02

Thanks to Shiek Yerbouti and penpoint for the mag write-up alerts.

The 2-page IC article on stamp collecting is informative and looks well researched. I am particularly interested in what is said about price performance during the period of high inflation from 1975 - 1979 and the subsequent 'slump' in the 1980s. I think we need to get this quantified to check against the chart linked in the above header comparing the SG30 index with S&P 500.



Anyone wishing to access these articles later can do so by going the SGI page on my website - easier than groping through back-posts.

[penpont] 16/8/2008 08:46

Lots of space given to SGI in yesterdays IC. Mentioned a few times in 2 page feature article on stamps as an alternative investment - 'How Stamps lick the Competition' Also have a full page advert, and recent results are reviewed with following conclusion:

'With the GB30 Rarities Stamp Price Index rising 39 per cent over the last year, alternative investments are looking attractive. These results, coupled with management's bullish outlook underscore that. Trading on just 8 times forward earnings, the shares continue to rate a buy.'

[bookworm1] 15/8/2008 18:41

Thanks for the article wilmdav. The Rarities Stamp Price index does lend weight to the strategy of investing heavily in this area and growing support in stamps as a hedge against a recession. Nice recovery from 138p to 183p thats a 33% gain over one month! No wonder this share is getting some attention now.

[wilmdav] 15/8/2008 18:23

Here's the article:



We have all rather skated round one item in the results:

"The latest annual update in the GB30 Rarities Stamp Price index showed an increase of 39%"

Seemed too good to be true perhaps. I hope to get a bit more information about this from the company in due course.

Anyway, Shares Mag has weighed straight in with it.

[westcountryboy] 15/8/2008 18:14

No, forecasts for 2009 have always been for 24.1p. Forecasts for 2008 were adjusted from 19.1p to 18.3p a short time ago. I imagine the lower tax rate was one reason they were always so confident about big eps rises for consecutive years.