Stanley Gibbons Share Discussion Threads

[dashton42] 23/3/2012 15:21

Investors Chronicle rates SGI a "strong buy" on the back of these results, saying "...the momentum has further to run".

[woodcutter] 23/3/2012 09:12

Made another small purchase this morning on the back of these results. It seems a long time ago now from when i first started to build a stake in those 80p to 120p days but even now i feel there's still value in SGI and imv it's going to become a much stronger business. It's now a very significant part of my portfolio, perhaps too heavy but it's hard not to justify buying into figures like these.

I figure we've only just really scratched the surface and in a few years this niche business could well be double this price as stamps and other collectables become more,.......well collectable really. The only cautionary note is whether this becomes a bubble as has happened in the past in both stamps and art work so i guess it's important to be watchful and monitor accordingly.

Nothing to say on the figures or comment on the breakdown, just good solid results.

Woody

Footnote not normally prone to giving predictions but i would expect a rise to about 226p in the short term.

[battlebus2] 23/3/2012 08:14

Not a meteoric rise at the off but we will get there imv.

[riskblue] 23/3/2012 07:54

Very solid numbers that are starting to show the fruits of investment made when many businesses were cutting back.

[battlebus2] 23/3/2012 07:43

Excellent numbers,a brilliant all round performance.

[cambium] 23/3/2012 07:39

Subject:



DJ Stanley Gibbons Group 2011 Profits Up, Strong Start To 2012


LONDON (Dow Jones)--Stanley Gibbons Group PLC (SGI.LN), a stamp collection and stamp album company, recorded Friday an increase in 2011 profits and said it has started the financial year with a record high order book level for 2012.

MAIN FACTS:

-Revenue GBP35.7 million in the year ended Dec 31, 2011 (2010: GBP26.4 million) +35%

-Online sales GBP4.3 million (2010: GBP2.5 million) +72%

-Adjusted pretax profit GBP5.2 million (2010: GBP4.5 million)

-Pretax profit GBP5.1 million (2010: GBP4.30 million)

-Operating profit GBP5.10 million (2010: GBP4.29 million)

-EPS 18.30 pence (2010: 15.17 pence)

-Adjusted EPS 18.9 pence (2010: 15.7 pence)

-Final dividend of 3.5 pence per share (2010: 3.25 pence per share), up 8%, giving a total dividend for the year of 6 pence (2010: 5.5 pence)

-Cash GBP4.1 million (2010: GBP2.2 million)

-Stock levels GBP16.8 million (2010: GBP14.8 million)

-Plans to launch a rare stamp fund in order to generate new and recurrent profit streams for the long term.

-Plans to increase its online presence as the internet and other forms of electronic communication becomes its primary sales channel.

-Shares closed Thursday at 206 pence, valuing the company at GBP52 million.



-By Mark Shapland, Dow Jones Newswires

[jeanesy] 23/3/2012 07:30

Profit of 5.2 is a little below one forecast of 5.4m. Report is encouraging but we may see some profit taking imo as there was a run-up in price before resulks

[dashton42] 23/3/2012 07:10

I don't know what the expectations were, but at first glance the results look stonking to me...!!!

[tom.muir] 22/3/2012 20:07

Market Cap is now £52m - crossing the £50m threshold below which many insitutions won't buy. May now see some insti buying so long as it doesnt slip below £50m

[jeanesy] 22/3/2012 19:33

I'M a tad nervous myself. I fear we may see some profit taking here tmw, i hope that i'm wrong. A Broker forecast i've seen is expecting profit of 5.4m and eps of 18.9.Not long to wait now!

[battlebus2] 21/3/2012 18:36

Feeling very confident it will Jeanesy, i can see 220/230 easily in reach after results.

[jeanesy] 21/3/2012 18:34

£2 barrier broken. Let's hope it will now consolidate above.

[battlebus2] 21/3/2012 07:58

Looks like we are starting higher at the off :))

[davidosh] 20/3/2012 11:45

Stanley Gibbons will be appearing at this event in April..



Where and when
Barbican Conference Centre, London, EC2Y 8DS on Wednesday, April 25th.

Presentations begin at 10:00 a.m. Registration from 09:30.

[ygor705] 20/3/2012 08:20

Lets hope for good numbers then.........will be watching!

[jeanesy] 17/3/2012 10:51

Results out on friday . Hopefully we will see the £2 barrier broken then.

[ygor705] 14/3/2012 08:24

Anybody know when the results are out? The £2 barrier still seems to be a problem here.

[dashton42] 02/3/2012 14:24

I'm looking forward to the results later this month, especially after re-reading January's trading statement.

I wouldn't be surprised if the shares ticked up over that psychological £2 barrier in anticipation of the results, but we'll see.

(It would be good to see NBL and SGI neck-to-neck price-wise!)

[ygor705] 29/2/2012 17:10

Jeanesy.....I'm very surprised that the share price hasn't moved after that huge trade on Friday (listed as a buy on the system I see). I will be very surprised if we don't see some movement over the next week or so.

[jeanesy] 24/2/2012 20:33

A late reported trade of 1.4 million pounds. Buy or sell , either way that is some trade ! Great day for coins as well , nbl and avr had good rises . I believe something is afoot .

[ygor705] 24/2/2012 12:27

I think it might happen on this leg up.

[jeanesy] 22/2/2012 20:48

Well NBL it was then ! , looks like £2 for sgi is not going to happen for now.

[ygor705] 16/2/2012 15:44

£2 often seems to be a bridge too far for SGI ......but this time it may be different.

[jeanesy] 16/2/2012 14:56

Moving towards £2, who will get there first NBL or SGI ?