Stanley Gibbons Share Discussion Threads

[simon templar qc] 15/3/2016 14:18

Ricky,

Why indeed! However some theories.

The company runs at a loss and continues to burn cash is one theory.

[rickyvader] 15/3/2016 12:49

Why would this drop under 10p a share if the new share placing is at 10p ?

[carbon man] 15/3/2016 12:37

strange there are a few buyers around, including 500t @ 17, I doubt that is a short closing, price currently 16/17

[fillipe] 15/3/2016 12:13

Now into the 15/16p's

f

[deanroberthunt] 15/3/2016 10:59

just a stay of execution.

[bonio10000] 15/3/2016 10:54

Well, the price certainly isn't monkeying around.

[clocktower] 15/3/2016 10:51

Better to have taken a shorter earlier than waiting for 10p or less karmastuarta.

[karmastuartra] 15/3/2016 10:32

How many of you are waiting like vultures with your giros to jump in when these are minus 10p?

[tsmith2] 15/3/2016 10:27

When do these go ex-rights?

[blueball] 14/3/2016 16:38

About £5mill..?

[islam1] 14/3/2016 16:25

how much is their stock worth....must be a lot more than the £9m mv

[gbh2] 14/3/2016 16:06

Record Date and time for entitlements under the Open Offer 5.00 p.m. on 9 March.

[simon templar qc] 14/3/2016 14:00

2magpies,

Yes I remember the Tulip fiasco and I also remember Ostrich farming as well along with Ostrich eggs!

Quite a lot of antiques gone out of fashion, no one wants "brown furniture" anymore apart from selected pieces, fashions come and they go.

[elmfield] 14/3/2016 13:46

Diabolical.
Biggest b@lls up.

[dlku] 14/3/2016 11:54

when is the ex-open offer - tomorrow?

[carbon man] 14/3/2016 11:54

Hooley,

I had an impulse purchase on Friday, but also had a gut feeling over the weekend that I'd done a wrong-un and sold first thing this morning.
Like you I sold my 1840 1p blacks and 2d blues and the collection all at the wrong price, but still have a feeling that some overseas company might be interested in this piece of heritage. Pro-tem will wait for the price to get near the placing price.

[clocktower] 14/3/2016 11:44

Slow drip feed downwards towards 10p as PI`s get stuffed again.

[2magpies] 14/3/2016 11:27

Once upon a time people 'invested' in tulips.

We now wonder:" No -- did people really value tulip bulbs? Why? But that's crazy!"

In the time to come, will people say they same about stamps?

As well as a massive overhang of SGI shares, there is also a huge 'overhang' of stamps, and many, many, lovingly/laboriously populated albums just waiting to be offered in the market. It's only a matter of time.

IMO

[hooley] 14/3/2016 11:05

Share price will trend to placing price of 10p. Might then be worth a punt in the hope of a bid/management buyout. Boys today have their tablets etc and hardly know what a postage stamp is. Who writes letters these days? I sold my 1840 2d Blues years ago. Their prices haven't changed much in 25 years!

[the ghost who walks] 14/3/2016 10:14

Also I note the board members get the chance to increase their shareholdings far more than shareholders do. That's just wrong.

[the ghost who walks] 14/3/2016 10:07

I see now it's based on other shareholders not taking up their basic rights. That's incredibly misleading.

[the ghost who walks] 14/3/2016 10:03

I don't understand the point about current shareholders not being diluted. The placing is not open to current shareholders so how can they not be diluted? What do I miss here?