Stanley Gibbons Share Discussion Threads

[hywel] 31/1/2014 19:33

Like buses! You wait ages for an acquisition then 2 come along at the same time! :)

[dashton42] 31/1/2014 18:31

Erm, not in so many words, no. But that sounds sensible to me.

An interesting acquisition today; I hadn't even heard of Murray Payne before, but the website seems professional. They say they're KGVI specialists, but there's a lot else besides.

If SGI goes on at this rate, there aren't going to be many independent stamp dealers left.

[jadeticl3] 22/1/2014 17:10

Cant read the article, but does it warn us that it could be a bumpy ride to 400p, and that falls of 10p in an hour should not discourage us firm holders?

[dashton42] 20/1/2014 12:53

Also, Simon Thompson has updated in Investors Chronicle today; he (and Peel Hunt) now have a price target of 400p on SGI.

Thanks for the Mail tip btw.

[robinnicolson] 20/1/2014 08:28

Rise this morning maybe due to being tipped in Mail on Sunday:

[blondviking] 20/1/2014 08:04

Up 3%, good start to the week

[dashton42] 17/1/2014 07:31

Michael Hall gives a brief update on BRR:

[dashton42] 16/1/2014 07:39

An interesting statement in this morning's trading update:

"Our online technical development projects, which are focused on launching a global collectibles trading platform, are progressing broadly in line with plan, with launch of the Stanley Gibbons branded online marketplace expected in the second half of 2014."

I take "broadly in line" as indicating that the implementation is proving slightly problematic, for whatever reason...?

I thought the bit about "Stanley Gibbons branded online marketplace" was significant - sounds like the Bidstart name may soon be no more.

[deuchar] 28/11/2013 14:27

There seems to be a tap in this stock-should be higher

[dashton42] 28/11/2013 14:08

I seem to be the only person on this bb now!

Anyway, just noticed a tasteful ad in the Life & Arts section of the Weekend FT for a couple of forthcoming Dreweatts/Bloomsbury auctions, with discrete Baldwins and Apex logos displayed below the main picture.

At the bottom of the page, it says "Part of The Stanley Gibbons Group PLC". Nice!

[dashton42] 21/10/2013 14:48

Another Simon Thompson update on the SGI/NBL tie-up, for those with access to Investors Chronicle, suggesting that NBL shareholders accept the offer, and also that SGI is still worth buying:

[dashton42] 18/10/2013 11:25

SGI gets a positive mention in this IC article on building the ideal AIM portfolio (..."the icing on the cake of this growth story could be the recently announced acquisition of rival Noble Investments (NBL), which adds excellence in the rare coins field as well as stamps and other collectibles"):

[dashton42] 17/10/2013 15:08

Hi gbh2,

This is what they said in the finals:

"Despite substantial opportunities to reinvest profits in future growth, the Board maintains its progressive dividend policy. "



I didn't notice any change to this in the interims:



...and I also don't recall seeing anything concerning a change to the policy in the newsflow concerning the trading update or the takeover of NBL; happy to be corrected if this is wrong though.

If you have access to Investors Chronicle, here's a good recent update from Simon Thompson:



DYOR, and good luck if you do choose to invest.

[gbh2] 11/10/2013 14:46

Hi just wondering whether to purchase a few SG shares and wondered if there's been any indication of where the dividends may end up during the next two years??

[dashton42] 30/9/2013 09:02

In a recent article on the tie-up, Simon Thompson reckoned that the merged company would make pre-tax profits of £10.3m in 2014, net profits of £8.4m, have an adjusted EPS of around 19 - 20p, and a cash pile of 38p per share:

[graham1ty] 30/9/2013 08:01

Whole share price reaction amazing......do not forget that forecast were for flat eps for two years. will this be earnings enhancing immediately ?

[ygor706] 27/9/2013 16:17

Surprised that the share price is running ahead so quickly here. The institutions will be getting stock at 295p providing a big temptation to take a quick profit at the current price.

[dashton42] 26/9/2013 18:35

Thanks G1TY. They must have really sold the logic of the tie-up to their institutional investors to have pulled this off.

Here's where it gets exciting, so I just hope the execution matches the strategic vision.

[graham1ty] 26/9/2013 15:21

Unbelievable. Well done dash keeping the faith. Stunning placing price, stunning reception. Amazed.

[hywel] 26/9/2013 11:12

The placing's at a good price, only 2.8% off yesterday's closing price.

[dashton42] 26/9/2013 07:47

The offer's here, folks...

[dashton42] 23/9/2013 15:50

Excellent article thanks, and an obvious vindication of SGI's presence and focus in Asia. I found the following comment interesting:

"China's high-net-worth individuals put 17 percent of their wealth in these type of investments, compared to 9 percent of America's rich and only 7 percent of the British wealthy."

[robinnicolson] 23/9/2013 11:43

"China Goes Postal for Stamp Collecting

Out of nowhere, Asian stamp collectors are turning a dying hobby into a high-end investment".

[dashton42] 16/9/2013 17:26

Simon Thompson reckons there's an arbitrage opportunity of some 16% buying SGI at these prices, although it'd take someone better at maths than me to work out how.

Never mind all that, I just want to see an RNS firming up the offer.