Stanley Gibbons Share Discussion Threads

[killieboy] 11/3/2016 19:31

Still too expensive....

[wigwammer] 11/3/2016 19:29

It is unbelievable that the management are still there.They have walked this business into the wall by buying businesses and leveraging it up, destroying a business that has been built over decades and decades. I usually err on the side of backing management, but this bunch need to go.

[arthur_lame_stocks] 11/3/2016 17:55

I can't see anyone who paid more than 50p for their shares ever getting their money back and that's being optimistic.

[patviera] 11/3/2016 17:02

WskillThey will be placedU write nonsense mateYes was done at wrong price but institutions lost fortunes so they call the shots!!

[wskill] 11/3/2016 16:23

The only steal has been from SGI shareholders but with the same incompetent management in control this cash will dissappear like all before it . For this reason alone the bucket shops who have the 10p shares will be dumping them unless of course this shower of nit wits get their marching orders.Unbelievable that this company has been destroyed and they are still employed if they had done the decent thing and resigned before they could have had a rights issue at a sensible price. New management is a must for SGI to survive.

[keya5000] 11/3/2016 15:37

Wskill.

You are a bell end.

I believe it was scaled back to 18% of your allocation and obviously over subscribed.

[patviera] 11/3/2016 15:06

WskillU r funnyU couldn't be wider from the markAt 10p I reckon they could've sold them 50 times over!!It's a steal

[wskill] 11/3/2016 15:04

The bucket shops who got the 10p shares have not pre sold them all so there is still lots for them to dump will wait a while before averaging down. Of course if they get rid of this poor management I would be a buyer now.

[kulsan] 11/3/2016 13:26

OK..its only my point of view..it may be 10p or 30p ..who knows in reality..I just took a small position so not all that bothered

[castleford tiger] 11/3/2016 13:22

well it seem to have bottomed and I have just taken a position ..it has taken a huge battering and the finance seems to be in place..and it can only go up in the medium term

DISAGREE ..............it can only go up.......

Kulsan

[tsmith2] 11/3/2016 12:51

PI ain't glib to hold on..will drift lower..Royally screwed..Better opps elsewhere

[kulsan] 11/3/2016 12:14

well it seem to have bottomed and I have just taken a position ..it has taken a huge battering and the finance seems to be in place..and it can only go up in the medium term

[keya5000] 11/3/2016 12:13

mach the book is closed so I am told.

[2magpies] 11/3/2016 12:10

As far as I can see, there were 535,862 shares traded today prior to the placing RNS, including one trade for 75,000 @ 37p

[mach100] 11/3/2016 12:10

When it comes to screw-ups this lot surely are a collector's item. If they allow buyer's today to partake they could sell the shares and buy back at 10p and then sell the 10p shares when they get them. A death spiral? They should bring out a stamp with Mike Hall's face on it so investors get to spit on both sides. Beyond terrible!

[clocktower] 11/3/2016 11:48

I think you will find that they F it up trying to be investment advisor's. LOL

All the failed Channel Island Bankers I expect.

hxxp://investment.stanleygibbons.com/direct/invest-in-stamps?utm_source=PPC-Brand&utm_medium=ppc&utm_campaign=PPCBrand102015

[2magpies] 11/3/2016 11:47

yes, a complete shocker.

They should have stuck to stamps, and not chased after coins + this and that.

[hywel] 11/3/2016 11:42

Seriously if you're the management of Stanley Gibbons the biggest brand in stamp collecting how can you fu ck up so badly? Surely the large institutional holders will want this shower of sh ite board removed?!

(No longer a holder, took my pain at 80p)

[kulsan] 11/3/2016 11:26

placing at 10p is bad bad news.. surely they could have given more clarity...

[11_percent] 11/3/2016 11:20

This whole thing stinks.

It will be a placing, and not a rights issue.

[1fox1] 11/3/2016 11:16

Hmmmmmmm.........What does the FSA stand for in this country? The whole thing stinks to me. Along with several other dubious companies nothing ever seems to happen. I feel sorry for any poor investors who have been victims of any deceit that may have occured. Is anyone ever brought to book?

[bookbroker] 11/3/2016 11:12

This money was required to prevent administration, it wipes out a fair bit of debt and provides some working capital, but in effect it is a debt for equity swap, and is purely a stay of execution. It is only a matter of time before they are wiped out, sadly, best thing is to find a Chinaman who will buy the brand, after all I hear stamp collecting massive in China!

[debbie_does_dallas_twice] 11/3/2016 11:07

YEH ok magpie...