Stanley Gibbons Share Discussion Threads

[clocktower] 11/3/2016 10:17

I bet the recent buyers of those large stakes obtained the lions share and will now hold even more cards to play.

[bookbroker] 11/3/2016 10:17

Anyone here lost money on this one, lost a few K. spring last year when they warned in March 2015, the management here are simply not fit to run a listed co., Braisford bought a load of stock last year year, he clearly is either overpaid or has more money than sense, that what comes from residing in the C.I.!

[qs99] 11/3/2016 10:14

wow, obviously nailed by city, surely BoD should all be replaced as part of the fund raising? thankfully out of this, but writing was on the wall....who is to say these punters won't spend the fund raise money? also what about vendors who have taken paper on previous deals they won't be happy.....DYOR but blimey

[cestnous] 11/3/2016 10:13

If I was a holder here, I would be voting to stamp out the board. Comiserations.

[bookbroker] 11/3/2016 10:12

Last chance saloon, they clearly had great difficulty raising this capital!

[clocktower] 11/3/2016 10:11

At 10p it seems they will make a very quick and profitable turn.

[debbie_does_dallas_twice] 11/3/2016 10:06

And there it is .....10p. the bod should be ashamed of themselves.

[shroder] 11/3/2016 10:02

..my inkjet is running out, anyone with spare red cartridges for..

[snape] 11/3/2016 10:01

Shroder
If you have a sheet (24) of those you cover the mkt cap!

[debbie_does_dallas_twice] 11/3/2016 10:00

MM's quoting to sell shares at bid, always a red warning light.
The delay only spells one thing, annihilation of existing shareholder value in a massive diluted huge discount placing.
The price was circa 78p when they first RNS news on fundraising.
The discount will be something like 75 % on that, appalling management shockingly orchestrated fundraising!
What do they care they still get paid each month.
The trick is to get it away fast after you announce plans for it otherwise the price just depreciates day by day.
Botched job by the bod again, well tell us another one.
fell for any holders here. The management clearly need removing.

[clocktower] 11/3/2016 09:58

Looks deceive, maybe oversold?

[pugugly] 11/3/2016 09:26

dddt:- Looks as though some thing is certainly leaking - Brokers have been working on the placing for too long (imo) for it to be at anything other than a significant discount - not like VTU where it was done and dusted in a few days at a minimal discount

"The Placing Price represents: (i) a discount of approximately 8.8 per cent. to the closing price of Vertu's existing ordinary shares of 10 pence each ("Existing Ordinary Shares") of 68.5 pence on 8 March 2016, being the last practicable date before this announcement; and (ii) a discount of approximately 5.9 per cent. to the average of the closing price of Existing Ordinary Shares for the 30 days ended 8 March 2016, being 66.4 pence."


It looks to me as though the potential placees have/are discounting the value of the stock to "fire sale" price makedowns in the region of 50%-75% so any advances on dddt's guess - Unless he/she is inside !!

Edited_ Having looked at level 2 trades might be (again imo) closer to 25p and stock being unloaded in advance of placing news -or am I being too cynical !!

[tsmith2] 11/3/2016 09:23

@20-25p. I would have thought

[debbie_does_dallas_twice] 11/3/2016 09:17

This looks horrid, huge placing at 15p-20p?

[jonwig] 10/3/2016 16:09

Eastbourne: "... the collectibles industry has stayed "remarkably resilient".

Probably is - LiveEx Fine Wines is up nearly 4% ytd calendar. And it's easy to see why. (Gold, no?) But when a company talks the market, you'd expect it to show some extra acumen.

I did look hard, but I think the only people who will make money from this (as a share) will be those with knowledge of the market, and whether SGI are showing equal nous.

[cockerhoop] 10/3/2016 15:25

Excellent news.....SGI have actually sold a stamp!

[rickyvader] 08/3/2016 12:18

Anyone heard updates on the asset revaluation and loan agreements ?

[11_percent] 07/3/2016 11:50

Yield, 12.9%

PE, 2.9


What is going on.

[gbh2] 06/3/2016 19:15

Not worth selling at the moment so even though my trust in this lot is low I'll be here until it's resolved one way or another!