Stanley Gibbons Share Discussion Threads

[waldof] 22/6/2016 14:21

Would be grateful if someone could say when results are due...have they given a date >?

[clocktower] 22/6/2016 11:24

2m might have made a few points that have to be considered but the issue today is are the MM playing games with the share price or are we about to see the share price start to rise as the bid is now back to yesterdays close, and if the MM are not having another fun day with SGI there could be profit in it for those buying at current levels it seems.

[ltcm1] 22/6/2016 10:48

I think 2mags has a point myself.

My take is it all hinges on Baldwins as it could take time for stamps to return a profit. Baldwins is the only profit centre over the next couple of years.

Doubtless they will be looking at the Hornby placing to see if they can tap the jolly old shareholder yet again.

[2magpies] 22/6/2016 09:13

Ooh, there we are: a trapped bull. Got found out.

BTW: only a 'bluey' can filter another 'bluey'!

[gbh2] 22/6/2016 08:59

2m, As you've nothing new to offer you're posts are simply wasting my time:

2magpies 22 Jun'16 - 08:44 - 2475 of 2477 0 0 (Filtered)

[ltcm1] 22/6/2016 08:52

I've heard a rumour they are going to propose paying the dividend in stamps.

[clocktower] 22/6/2016 08:51

It seems to me that there is more that we agreed on here than divides us today but we could see those that have been short closing positions today on the first real sign of a conclusive surge upwards, which in itself will be a driver. We shall soon see regardless of our views.

[2magpies] 22/6/2016 08:44

The share price has collapsed from 380p to 11.5p bid.

If this goes into administration, the whole stock could be dumped onto the market.

Just think what that would do to the thousands of privately held collections! Will they become unsaleable, and close to worthless?

Just my opinion, but I won't be surprised if this goes below 5p.

I'm sure that others will disagree.

MMs seem to be doing it again: just moved the offer to 12.25, and panting punters think : 'ooh, a bounce .. must buy some more'. Alas the MMs could slap this down in a trice.

What fun they have!!

IMO, of course.

£50 notes or SGI shares: the choice, as always, in ours.

[gbh2] 22/6/2016 08:33

"Still, some trapped bull will persist with a ramp."

Only the simple folk believe in those tactics, the main price drivers are Hedge Funds and they don't read advfn threads for advice on what to do.

[gbh2] 22/6/2016 08:30

Problem is there are "Failed" directors with shares that cost them little to nothing, but to date I've not seen a Holdings rns.

[2magpies] 22/6/2016 08:30

That chart is starting to look precarious to me.

This lot seem to have been mounted, hinged, creased, faded and torn. (and there are far too many shares -- it's not like they are 'rare'!)

Still, some trapped bull will persist with a ramp.

MMs have had a great time,just nudging it up to get buyers, only to slap it down straight after.

Has market got wind of what's coming up?

We shall find out soon enough.

[clocktower] 22/6/2016 08:07

Clear the decks today it seems but how many more are there left to clear?

[gbh2] 22/6/2016 07:55

I think we're pretty much adrift until we see some updated figures CT, it's win or lose the lot for me with this one, ave price 13.24p.

GL

[clocktower] 22/6/2016 07:51

Spot on gbh2 and well done on TW. Looking at L2 it seems we might be in for an interesting start to the day.

[ltcm1] 21/6/2016 23:12

Understood - it wasn't meant to be an accusation, didn't realise you were referring to the RI 10p figure.

If the share is to revive, then how? I think the market is going to want to see some cold hard profits being made rather than some form of 'jam tomorrow' promise.

[gbh2] 21/6/2016 20:03

IF I were running a short I wouldn't bother wasting my time on advfn trying to get a couple of PI punters running scared.

I'm just here to pass a bit of time, make a few bob and enjoy investing.

[clocktower] 21/6/2016 20:02

Agreed gbh2, however once you have sold all the shares you purchased for 10p + profit at say anything up to 60%, would you not then prefer to see your original shares increase in value towards the price you paid for them, so to provide you with an even greater total return on your total investment?

[ltcm1] 21/6/2016 19:53

Maybe gbh2 is on the short side???

Perhaps SGI will do a Lonmin and announce a 1p rights issue. The two graphs look strangely similar, both having crashed from the 300p point.

[gbh2] 21/6/2016 19:39

I've had this discussion before CT

IF you were holding the shares prior to the share dump then yes the value has fallen Y% whilst the book value is the average value of both your old and new- I've absolutely no argument with that, in fact I use it every year for my tax form.

However IF your were holding shares and took all the 10p shares your holding qualified you to to take then you spent £X of new real cash now IF you sell the equivalent number of shares to those you purchased at 10p tomorrow then I'm pretty certain you'll be banking £X + 20% of £X in two days time.

Should you do that your remaining shares will still have a SA108 holding value based on today's total holding and the real value of your original shares will be no better or worse off than they would have been if you'd not purchased any of the 10p shares.

This game is all about the £ in my pocket to me.

[clocktower] 21/6/2016 18:28

gbh2, I grant you that but that is only a fact on the basis of only holding shares purchased at 10p. If you are also holding shares purchased well above that figure and expect to see them rise towards that once again will you reap the real rewards and show the true total percentage profit in total, which of course it is in your best interests to see occur in that case.

[gbh2] 21/6/2016 17:51

12p 20% profit for the 10pers ;))

[ltcm1] 21/6/2016 17:02

This could be the biggest buying opportunity since Next were a penny share in the early 80's.

[clocktower] 21/6/2016 16:17

More likely wants to at least add a few pence imo as sentiment changes and shorts close in fear of better than expected news on 23rd. Happy Days.

[albanyvillas] 21/6/2016 15:43

wants to go under 10p