Stanley Gibbons Share Discussion Threads

[clocktower] 11/4/2003 11:20

Elmfield be careful not to over value them in the current climate. leave a profit for someone else..You have a great % gain for a short term investment. They will no doubt be worth holding though.

[elmfield] 10/4/2003 23:06

did you skim clocktower?
not me, i'm in for a lot higher ground.

[simonevans] 10/4/2003 21:52

At last, this share is starting to come good. Great little company this one, with lots of potential imo.

[clocktower] 10/4/2003 15:53

Maybe time to skim the tops folks!

[elmfield] 10/4/2003 11:02

up a wee bit more, looking interesting.
something up, or just good value??

[huntie2] 10/4/2003 09:06

hmm......up again a smidgeon, and as per yesterday's a.m. rise, no indication of shares traded. nice to see the momentum being maintained.

[clocktower] 09/4/2003 15:12

Just tighter market following recent news no doubt, plus could be adding to it to drive the pricebon smaller volumes.

In my view, at this stage the directors are unlikely to start selling to make it more liquid. A lot higher yet in my view before they do this.

[huntie2] 09/4/2003 10:26

good morning, new to this board, any suggestions for reasons for the price rise? After all, the 3% stakeholding news dates from a couple of days back...or could it be just followthrough from that?

[elmfield] 09/4/2003 09:59

yep, always when you least expect it,
still good value in mho
anything to do with recent 3% stake??

[clocktower] 09/4/2003 09:29

Being pushed up again, could soon reach new highs.

[clocktower] 28/3/2003 11:23

early selling after results seems to have dried up, so this could push up a bit yet imo.

[currypata kai] 28/3/2003 09:23

look at this share move....

[elmfield] 27/3/2003 10:02

a guess... buying back own shares???
larger trade yesterday, price firming..
or just a mark up for a good value share?

[elmfield] 21/3/2003 10:36

well, i still say maybe not that longer term.
these things move when you least expect it!
picked up a few when they fell back to 19p,
has to be value here, imov..

[clocktower] 21/3/2003 10:12

MM must have been reading the same article having pushed it up!!!
As I said one for the long term but has been totally undervalued.

[elmfield] 19/3/2003 10:43

the chairman forcasts £3.5 million in
the bank by year end.
market cap of £4.5million.
once dividend tax sorted....
work it out!!
see Times article today.

[clocktower] 14/3/2003 10:42

In the current climate it just looks like they will be dead in the water until they sort out the payment of a div.

[elmfield] 06/3/2003 15:13

may not be that longer.... surprised they have not moved up more than 0.5p but sometimes it takes a day or two to sink in. i see value at 20p.

[clocktower] 06/3/2003 09:23

Elmfield, this is only for longer term investment imo. On this one i am fully invested but still think is has a lot more upside and when they sort out the divi issues will bring capitol growth and income.

However, I think you will agree the growth is impressive, with a growning cash balance.

Also what maybe of interest to you is that the former company that they were part of, reported yesterday(Flying Brands,also good results & has also gone up considerabley having been placed on a buy list from Collins Stewart.

[elmfield] 06/3/2003 08:26

seem o.k, are you adding??

[clocktower] 06/3/2003 08:09

What a good set of results posted today, not only an increase in assets to 26p a share but they intend paying a dividend as soon as tax problems sorted out. This with the strong statement from the chairman should soon refect in the price.

[clocktower] 19/2/2003 13:01

mgpp, As a follow up, interesting trades today.

[clocktower] 19/2/2003 10:56

mgpp, Thanks for your informative post.

One of the directors seemed to have faith in them having added a considerable amount last year, so heres hoping that when the figures come things will look better having purchased myself at 16.5p

[mgpp] 18/2/2003 14:14

As a stamp collector of many years standing I have a good knowledge of what is available on the market. Stanley Gibbons charges far more than most other dealers for their stamps, but they do have a reputation for excellent quality. They produce excellent catalogues, but the issue of so many new stamps throughout the world has led them to the conclusion that it is no longer practical to issue a new catalogue which covers the whole world or the whole of the British Empire each year. They are now moving towards the issue of country catalogues which may or may not be a sensible move.

Catalogues are heavy and expensive to post - a complete contrast to postage stamps.

The other main part of their business is albums and accessories which probably make much more money for them than stamps. Again these are heavy items to post, but they are not cheap to buy and orders under £30 are subject to a charge for postage.

As far as competition is concerned there is no other publisher of catalogues in the UK to approach them, but there are catalogue publishers in Germany (Michel) and the USA (Scotts) who are international competitors for them.

Since their split with Flying Flowers they have been seeking to cut costs by making some of their more experienced and thus more expensive staff redundant and one has to question the expertise of some of the inexperienced staff who are being employed in their shop in London. Their ideas on pricing are to say the least imaginative and anyone who is knowledgeable will not buy from them at the prices they are asking for stamps and postal history unless the items are rare and difficult ot obtain elsewhere.

They have also improved their cash flow by selling part of their warehouse facility at Ringwood.

I have followed the fortunes of this company for many years and have seen the effects of some the poor decisions they have made in the past. I believe that their future lies in the publications and accessories businesses where they have a fund of goodwill. The sale of stamps and postal history is really a means of ensuring that customers continue to visit them and purchase their other products. The jury has to be out on their decision to diversify into other area of collectables such as autographs - similar moves in the past have ended in tears!

The website is certainly a much cheaper way of selling to customers than a poorly staffed shop in the Strand.