Stanley Gibbons Share Discussion Threads

[garbil] 26/3/2011 16:39

Also positive article - China boost for Stanley Gibbons -
in FT.





And this gem from the Express:


http://www.express.co.uk/money/view/236827/Boomers-lift-GibbonsBoomers-lift-Gibbons#ixzz1Hhm3PrWU


And yet further positive coverage by the Guardian:

[garbil] 26/3/2011 16:20

Thanks for pointing out Mail mention, battlebus.

Here is link:

[battlebus2] 26/3/2011 16:12

Jeanesy didn't you see the way the mm's took on nearly 70k of sells on Friday knowing full well they would shake out those expecting a rise after results. Watch this rise next week with a few mentions in the newspapers like the nice write up in the Mail today.

[jeanesy] 25/3/2011 20:10

Poor response to results imo.

[ygor705] 25/3/2011 12:38

Results bang on consensus but 2011 looks to be offering shareholders rather more than 2010. Increase in stock levels looks interesting but then again there is a Royal Wedding, new sales space and an upgraded website capability to support. With a 4.0 % grosss yield not far off 3 times covered this looks a pretty solid proposition at these levels.

[battlebus2] 25/3/2011 08:46

CASH GENERATION

[don carter] 25/3/2011 08:44

Decent divi too, with a good increase - always a good sign.

[garbil] 25/3/2011 08:43

Stanley Gibbons predicts Royal Wedding boost
Fri 25 Mar 2011

LONDON (SHARECAST) - Stamp and collectibles trader Stanley Gibbons grew underlying profit by 8% in 2010 and expects to make good money on Royal Wedding memorabilia this year.

Adjusted profit before exceptional items increased to £4.5m and statutory profit before tax was up 5% to £4.3m from £4.1m in 2009. Sales rose 13% to £26.4m.

The marriage of Prince William and Kate Middleton in April is expected to cause a rush for first day covers and other commemorative collectible products.

Next year's London Olympics should generate similar interest, the company hopes.

It beefed up its stock levels from £9.3m to £14.8m in 2010, mostly exceptional and rare collectibles and top quality rare stamps.

"Such assets generally appreciate in value over time, although remain prudently stated in our balance sheet at historic cost, not market value," it said.

There's a final dividend of 3.25p a share, up 8% on last year.

[don carter] 25/3/2011 08:07

Excellent results and most exciting outlook for years for this very traditional company. Beat expectations [Sharescope]. Cash generation goes from 2.4m to 6.9m. The prospects of online trading and website launch; the investment fund possibility; new offices and new markets in US and China. No doubt it will all go at an SGI pace but EPS 15.69 should give a fair value of at least 180p, and as battlebus says the share price should stay higher this time. Especially if there's a few good write-ups over the next 2 weeks.

[wilmdav] 25/3/2011 08:02

In line with forecasts

[battlebus2] 25/3/2011 07:47

Yep order already left with broker.

[curlly] 25/3/2011 07:46

battlebus2

Looks good to me to. Must be top up time at this level

[battlebus2] 25/3/2011 07:43

Excellent results imv in all areas surely these are going higher to stay there this time.

[jeanesy] 24/3/2011 19:57

Expectations for tmw anyone?

[mikeja] 18/3/2011 09:16

Agreed Don

[don carter] 18/3/2011 08:39

Results next Friday - I'm in for a little trading punt at 148p.

[chairman2] 17/3/2011 09:56

dont forget brokers make money in sideways markets by getting
more illiquid shares to move plus minus 10% to 'flush' out buyers
and sellers and so earn their commissions.

[don carter] 16/3/2011 08:58

I don't think there's any reason to think it would be company- or industry-specific when the whole market fell. My experience with SGI tells me there is never much buying to hold it up just before results, and this time even some selling....I expect it to rise well after results.

[curlly] 15/3/2011 21:59

well we will find out on the 25th march
and i say we will be heading north again and at this price i am buying more.

[hywel] 15/3/2011 21:51

I don't, i think its market sentiment, some stocks dropped more than SGI today, some less, it's an illiquid share.

[jeanesy] 15/3/2011 21:00

The drop is too severe for fears in the market. I believe something is wrong here imo.

[battlebus2] 14/3/2011 20:14

Could it be the aquistion?

[bargainbob] 14/3/2011 20:01

Getting a bit scary with their offers to stamp and autograph investors.

Someone in need of money IMHO.