Stanley Gibbons Share Discussion Threads

[clocktower] 15/6/2016 08:08

Do not forget the value of the data base they have either. Stamps are a bit like Bitcoins and can be used in a similar way for grey money to transfer legally across boarders.

With that in mind:-

"FSA/FCA: The value of your investment can go down as well as up and you may not get back what you put in. Stamps and certain other collectibles are not designated investments for the purposes of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 and as such are not subject to regulation by the Financial Conduct Authority (FCA) or otherwise."

"JFSC: Stamps and other collectibles are not “Investments” for the purposes of the Financial Services (Jersey) Law 1998 (as amended) and as such are not regulated by the Jersey Financial Services Commission"

But keep away from Guernsey if that is what you transfer stamps for because it is regulated there.

[gbh2] 15/6/2016 07:56

Begs the question why 2m is interested in the company if it's doomed to obscurity due to the lack of collectors?

[brando69] 14/6/2016 21:33

Do they own their flagship property on strand? If so they should sell it and decamp to a business park in Basingstoke

[2magpies] 14/6/2016 21:32

That the number of collectors is clearly declining (and must continue declining) is quite simply undeniable.

Collecting for pleasure is obviusly not the same as buying for investment.

SGI share price is now within touching distance of the placing price.

Here's something I posted earlier, soon after the placing, when the share price was 16p:

" 2magpies - 01 Apr 2016 - 15:12:16 - 2257 of 2380
Those who got them at 10p are now sitting on a 60% paper profit.

If bought today [at 'catalogue price' (Haha!)] how long would one have to wait to make that sort of a profit on a Penny Black?

Simply due to demographic facts, the vast majority of collections today would have to be sold at a loss, if offered for sale today. Hundreds of specimens would have no takers at all, and would be lumped together, and sold on the back of a handful of eye-catching 'rarities'. One has to feel for the collectors who spent years, decades, lovingly building collections.

Chart looks to be at very iteresting juncture at the moment. The share price could slip or it could start recovering, and imo, is unlikely to hang around here.

I doubt it will reach 10p (but I'm not sure one can count that out!). The closer it gets to 10p, however, the paper-profit lot are going to be tempted, methinks. Self-feeding."

..........................................................

The placees are now looking at a 27.5% paper profit, down form 60%

One wonders if SGI is any longer a viable business, since practically no one wants stamps, other than the rarest of the rare specimen - which ought more properly be in a museum anyway. Nowhere near enough volume to sustain a business.

I have seen prices on e-bay for specimens which are now less than half the price they were in 1999.

There will always be collectors, of course, as there always have been, both before and after the Tulip mania! How long before the word 'philately' becomes obsolete?

It is possible that SGI could get bought out, not for their stamps, but for the coins. A sharp plunge below 5p could help.

All IMO.

[gbh2] 14/6/2016 20:03

Post 2374 clearly written by a someone other than a collector.

[superiorshares] 14/6/2016 19:23

should the stock markets fall ?.. long overdue imho.. then I think Stanley will be available around the 6-7p mark .

[clocktower] 14/6/2016 17:42

2magpies, I guess you like the bird in question collect things that you can manage to collect regardless of value but for the pleasure of collecting what takes your fancy, and unlike the bird you I expect are only ready to collect the stock when you are of the view that it will have future value. No matter how many collections are on the market,the collector picks only the ones that shine out just like the magpies that has infinite choices, and this stock now shines out to me, hence the reason I have increased my small stake, and I expect many others will soon see how this shines out as a longer term investment.:-)

More likely to be taken over any day than go broke imo. DYOR.

This could like PLND today at anytime I guess.
CT.

[dlku] 14/6/2016 17:16

going bust imho, their dreweatts and bloomsbury auction house must be losing money with the sales peformacne slumping recently

[wskill] 13/6/2016 11:38

Seems a bit early to be investing more cash will wait and see an improvement before doing so myself ok may lose out on a few pence of the rise .

[clocktower] 13/6/2016 11:17

Sentiment changes quickly and opportunities do do present themselves that often, so I will have to look up what I can buy on E-Bay if collections are crazy cheap as you suggest mrx9000. I expect the sentiment will change rapidly if one or two Chinese investment companies start to take a serious look at the opportunities SGI present at this time. Over sold imo, hence I have just bought 10k at 13.25p

[mrx9000] 12/6/2016 22:35

Clock: Yes, I couldn't believe it either with my valuation. It was a number of years ago though, about 15 years and it was Gildings Auctioneers at the time. I literally have a massive collection. I will have to get it re valued, but when I had a glimpse on ebay the prices were crazy cheap. None selling at all.

[gbh2] 11/6/2016 09:12

Company directors only take the blame for what's going right, anything that goes wrong is someone else's fault these days!

Plus their greed re pay, expenses & bonuses is the main reason profits are down leaving little for Staff salaries & shareholder dividends.

[spooky] 11/6/2016 08:44

I am a bit late to the party on this one but can someone please explain to me how Montague has managed to keep his job after overseeing everything that has happened to the company over the last few years.

[whackford] 11/6/2016 07:31

Spob -
24 June 2016 – Announcement of Final Results for 12 months ended 31 March 2016.

Where did you find this announcement, please? I cannot find it on SG website.

[clocktower] 10/6/2016 20:51

With bonds and stocks suffering is it time to invest in stamps again, or in SGI as they are holding a huge amount of stock that buyers might view as a hedge, as stamps and coins of vintage quality cannot be replaced.

[spob] 03/6/2016 08:37

24 June 2016 – Announcement of Final Results for 12 months ended 31 March 2016.

[clocktower] 03/6/2016 08:29

Looking like it might get a little more exciting today after all, having looked at the market in these.

[gbh2] 03/6/2016 08:21

Beginning to look like auctions, someone getting rid of a load and the broker not wanting them on their books.

Maybe a fallen director ??

[clocktower] 03/6/2016 08:10

Clearly not bottomed out yet. Buy and sell on-line match at 13.25p today.

[gbh2] 02/6/2016 20:19

Perfectly understandable if you were trying the buy & sell?

At around 10 - 10.15am I noticed all the share prices were crossed looked a bit like a witching period but not on the usual day.

[silkywhite] 02/6/2016 10:34

so I can buy 20,000 shares at 13.78p

OK so far.

but I can sell the 20,000 shares I own at 13.79p!!!


what's going on??

[gbh2] 02/6/2016 09:16

Charts are useless when a company's shares are more or less illiquid, low volume buying / selling will be temperament driven, news is going to be the only big mover for the coming months imo.

[scrambled] 01/6/2016 19:05

My charts are suggesting that this has bottomed. I bought a tidy few yesterday and although no movement today, I am expecting upside soon.

[clocktower] 01/6/2016 10:25

With volume dropping off today, are we coming near to the end of the major sell off?