Stanley Gibbons Share Discussion Threads

[riskblue] 07/8/2009 08:36

Fantastic results I think. I particularly like

* Sales achieved in the first half of 2009 do not include the crystallisation of deferred revenue from the prior year of GBP3.4m, as the terms of those transactions do not expire until December 2009.

Martin Bralsford, Non-Executive Chairman commented:
"The Company's performance in the first six months of the financial year is
remarkable in the prevailing market conditions. The business has delivered
strong profit growth in a period where our primary focus was on building the
necessary team of a quality to take forward our longer term growth objectives.

Looking for a slow steady climb towards the full year figures.

[supreme mo] 07/8/2009 08:09

131-134... trade just showed up

[supreme mo] 07/8/2009 08:05

added another 5a

[don carter] 07/8/2009 08:01

Solid...safe....and a divi

[trigger45] 07/8/2009 07:46

supreme mo - I agree.

This is the last share I worry about in my portfolio.

[supreme mo] 07/8/2009 07:28

Very good numbers given the climate and nice little divi too!!

[cambium] 06/8/2009 08:46

worsds out

[supreme mo] 06/8/2009 08:14

bought 6k at 1.22 - that was a struggle

[supreme mo] 06/8/2009 08:11

bought some!!!

[riskblue] 03/8/2009 08:32

looking forward to Friday as I think the interims will be strong. Time for the next break up I hope.

[njb67] 12/7/2009 20:34

chairman2

EK portfolio on Tips.com always used to have an even mix of long and short positions.

[chairman2] 12/7/2009 16:23

Michael Jackson stuff including 2009 items like the ill-stared London O2 comeback that never happened are trading at fantastic prices on EBay.

SGI quietly are big players on eBay as sellers using it to offload non-prime quality items. This provides real liquidity but the re is much greater transparency in pricing.

Evil K is surely the all time short seller? If he was running a slide
rule over SGI it would be to short it. One of the advantages of SGI to
a dedicated short-position taker is is susceptibility to rumour.

[cambium] 12/7/2009 11:02

I wonder if they have made much from the jacko memorbelia (spelling!) recently?

[bookworm1] 10/7/2009 13:25

SM thanks for that. I met Evil Knievel some years ago via a mutual friend. I wonder if he is thinking about going long on SGI? It would make sense.

The directors were probably reeling from the fact that their stock of high priced items seems to be growing at 40% and they see it as their mission to try and get that message out to investors.

However I take Chairmans point about the difficulty of getting a stamp investment fund set up being fraught with regulatory problems. If they just focus on growing their market they will be doing well if they can achieve a 5% market share over the next few years.

[strollingmolby] 10/7/2009 13:01

Gents,

I went along to this meet - Stanley Gibbons' management seemed to wish to present stamps as an investment, rather than SGI. The basic argument was that stamps had increased in value for the last 30? years and would therefore continue to do so, based upon demand from Chinese collectors and those in other emerging economies.

SGI were pushing a 5 year investment in stamps that guaranteed a minimum 20% return, or more if the stamps increased by a greater value. Evil Knievel was there and asked what SGI's exposure was to these products - I can't recall the answer but it was either a max £5m or £20m. Perhaps the company have confirmed in recent announcements?

It's not for me given the potential for a bubble building in stamp prices - I was only there to hear from Lo-Q again, which IMO offers greater growth potential.

SM

[bookworm1] 10/7/2009 12:50

Chairman - its seems not.

Had a look at my notes yesterday. Interims due 7th August.
At AGM board announced that Q1 sales were up 25% against previous year.
Will be interesting to see how Q2 fares as this will set the tone for the rest of the year. However if things continue to run according to plan then the cash generation from this forecast results will be impressive.

[chairman2] 03/7/2009 19:32

so how was the PI presentation then?

Anyone on here who actually went??

[andy] 23/6/2009 16:41

All,

Don't forget, LOQ are in town on Thursday, and these presentations are well worth attending, in a superb setting, and a rare opportunity to chat with management informally after the event.

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Proactive Investors One2One Forums

The directors of Stanley Gibbons (AIM: SGI), Lo-Q (AIM: LOQ), and Sinclair Pharma plc (AIM: sph) will be presenting:

Thursday the 25th June 2009
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception. Details on the presenting companies can be found below.

Register Here.

These really are superb evenings set in a wonderful location, in the heart of Mayfair.

The evening is entirely FREE, and you can take the opportunity to chat and network with the presenting CEO's, industry professionals, and fellow private investors in a friendly networking event after the presentations.

If you have any problems registering or queries please email [e-mail]


Please note the nearest tube stations are either Green Park (5 minutes walk), or Bond Street, (7 mins).

[chairman2] 21/6/2009 20:44

Thanks Orange

but I remain concerned...

In the current climate, where huge investment firms face
a seismic shift in regulation I see SG as highly ignorant
minows - if they are trying to project stamps as an investment,
if they are trying to persuade retail investors that returns are
somehow 'guaranteed', then they will get sqished big time and
their Channel Islands taz-haven base will not protect them. They
have no legal expertise, and its my belief they simply do not know
what they are doing..

If stamps are collectibles - that's and entirely different kettle
of fish - like Old Master paintings there will no question of regulation.

If stamps are investments like hedge funds, commodities, ETF, oil,
currencies, unit trusts etc etc then SG will need to beware regulatory
and legal pitfalls...

[ceohunter] 19/6/2009 12:10

The directors of Lo-Q (AIM: LOQ), Stanley Gibbons (AIM: SGI) and Sinclair Pharma plc (AIM: SPH) will be presenting:

Thursday the 25th June 2009
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

[chairman2] 15/6/2009 22:55

The article read like rubbish to me

frightening if the CEO actually let it out.

It reads as if it was written a long time ago..

basically there has beenm a completely shift away from

guarantees more than 12 months - unless I misread the

annual results statement

[what is a login ?] 14/6/2009 19:17

I read the article quickly Andy.
The bit that surprised me was this:

"The company offers its high net worth investors in stamps three investment routes. Guaranteed minimum return contracts offer investors a minimum 20% gain over five years and unlimited upside potential. These contracts are very popular with investors, especially in the current low interest rate environment. Stanley Gibbons limits sales each year to 20% of the total of the company's net assets."

It would appear that SGI take money from rich people and promise them a minimum of 20 per cent gain at the end of five years. They can do this because the stamps they buy with the money go up in value by ten per cent a year. Sorry to sound like Robert Peston. How can they guarantee deposits ? What would happen if the value of stamps and memorabilia stopped rising?

[andy] 02/6/2009 18:06

Upbeat article!

[orange1] 15/5/2009 11:53

>Masurenguy

Blue lines are very important, as the following article reveals: