Stanley Gibbons Share Discussion Threads

[2020hindsight] 26/8/2014 11:25

EggsBacon - are you including me on this ?

If so, no, I'm not trying to talk them down (as if this board could possibly have that level of influence anyway). I used to hold SG, don't hold it now but have a substantial investment in stamps so I keep an eye on this site just to monitor what SG are doing. My comments on their IT infrastructure are my honest (and also professional) opinion from first hand experience. If I want to find anything out, I have to ring my investment advisor; if I want an updated portfolio I have to ring them; if I find out whether they've turned over any stamps in my "Frequent Trader Portfolio" I have to ring them (and incidentally as an investor, they're turning over stamps less and less frequently these days so I'm actually getting a far less personalised service that 3 years ago).

Like I said, my honest opinion as an investor.

Here's a real example of a summary I see of one of my portfolios :


Date of invoice:xx XXXXXX 20xx

Purchase price:£xx,xxx
Latest price:£xx,xxx
Growth: 29.17%
Growth: 29.17%
Growth: 77.61%
Growth: 48.01%
Growth: 48.01%
Growth: -0.43%
Growth: -0.43%
Growth: 0%
Growth: 0%

It shows year by year the portfolio growth. It doesn't tell you the year, it doesn't provide any explanation of variances (for example the drop from 77% to 29% was as a result of sales and moving cash to another portfolio) nor does it actually show the correct current value ... the last item in that portfolio was sold well over a year ago, the cash transferred to another portfolio and reinvested. Despite chasing they still haven't updated it.

Incredibly manually intensive - and never up to date.

[eggbaconandbubble] 26/8/2014 09:59

Are you guys trying to talk the share price down by any chance???

[jeanesy2] 26/8/2014 09:13

not many days left in august.Are we going to get an rns about sales?

[abergele] 23/8/2014 19:23

2020,
also a philatelist,
just bought their magazine and access to catalogue stamp prices pages,for a year online,but not overly impressed, does,nt find prices that easy,and takes up a lot of your time,It lets you make up an immaginary album collection.mint and used,builds up a constant valuation....may get used to it during the wintermonths.....at least I can look back on old SGM magazines,and the future ones....

[2020hindsight] 21/8/2014 14:01

You should see the Portfolio page for investors on the main website. Archaic doesn't even begin to describe it. Unclear, only maintained if you nag them and basically a stand alone system that isn't linked to anything else. For example, if they sell one of your investments and buy something else, it has to be manually added ...

As an investor in stamps, their lack of attention to clients in terms of portfolio
management is very frustrating.

[jeffcranbounre] 19/8/2014 16:30

Hi

I've just kicked off the first ADVFN podcast - would love to know what you think and what you'd like to hear in future podcasts.

The first one can be heard here:



If you'd like to submit a tip for the podcast just click here to fill out a quick form:



Justin

[gustavfenk] 14/8/2014 21:31

Never before has a website made me consider selling one of my investments. How much money have they spent on this so far? Epic fail.

[robinnicolson] 12/8/2014 20:25

A beta of the new Stanley Gibbons "collectibles marketplace" is up:

hxxp://beta.bidstart.com

[robinnicolson] 08/8/2014 18:38

"The sales definitely has gone through which was verified by the RNS."

I do not believe that Gibbons have confirmed that the 'large sales to key clients' referred to in the IMS of 30 July have actually gone through.

The statement from Gibbons yesterday just confirmed the sale of Noble's property at Adelphi Terrace.

[bingaxu] 08/8/2014 17:52

The sales definitely has gone through which was verified by the RNS. The lower price is because the whole market is down at the moment. Nothing to worry about. We should get a dividend this month, too.

[jeanesy2] 08/8/2014 15:54

Right so far but does this mean that the sales are likely not to go through?

[jeanesy2] 04/8/2014 10:44

I expect more weakness here until we hear if expected sales go through this month.

[eggbaconandbubble] 29/7/2014 11:24

I guess you could try phoning them.

[bingaxu] 29/7/2014 10:07

Thought the AGM would be on 28/07/14. Anyone has an idea when it may be? Thanks.

[superiorshares] 11/7/2014 12:15

will stick with my sub-2.50 near term

[robinnicolson] 08/7/2014 12:19

Yes, the expected IC tip update. Simon Thompson sees the current share price 'as yet another great buying opportunity'.

SGI currently green in an ocean of red.

[captainhindsight] 08/7/2014 12:10

Investors Chronicle online just re-tipped; 'I continue to rate Stanley Gibbons' shares a buy at 323p and still believe my fair value target price of 400p is both reasonable and achievable'

[cheekydollar] 08/7/2014 10:09

Can anyone tell me when the next set of results will be published? The year ends were a bit funny as they covered 15 months.

Thanks

[ygor706] 08/7/2014 09:57

I've reopened a position here as the Noble acquisition looks to be very earnings enhancing. Slightly surprised that the share price has been so volatile but note that the big institutional holders have been mopping up the cheap stock.

[bingaxu] 04/7/2014 07:48

It's an upbeat article from FT- china and indian market is getting bigger:http://www.ft.com/cms/s/0/9748b72a-fdc4-11e3-bd0e-00144feab7de.html#axzz36Tl0HjE1

[robinnicolson] 03/7/2014 10:04

Let's see what happens after IC provide an update. They lasted tipped SGI back in April, after which the share price moved from 310 - 355p in four trading days.

[eggbaconandbubble] 03/7/2014 09:31

"Well that's all folks!".
Volume ground to a halt, share price rise ground to a halt.
Most likely a downhill run from here until they can demonstrate aquistions and on-line concept are working, and that will be sometime.

[qs9] 02/7/2014 13:38

Continuing nicely northwards....hoping Shares and IC will also provide some useful positive steers to take this beyond £3.30+

[qs9] 30/6/2014 22:52

hopefully see some more blue tomorrow and ahead of any tip sheet mentions which with tightly held share may help demand push them further IMO...

[qs99] 30/6/2014 10:25

Either way market likes its progress. Without the detail of what they were trying actually to achieve at each iteration it is difficult to comment sanely! But if they don't deliver this year then yes I will then agree with you!
Cheers