Stanley Gibbons Share Discussion Threads

[gbh2] 23/9/2016 08:40

I can buy these at 13.75p this morning.

[gbh2] 22/9/2016 08:13

I expected an announcement today, makes one wonder !

[graham1ty] 22/9/2016 07:50

They are really taking this to the wire. It is six months since the period end, three months since they announced delayed results. It is two weeks since the date they had arranged meetings for. Audit Committee non Exec resigned. There must be one hell of an argument over the audit

[gbh2] 20/9/2016 20:33

So if njw is holding why get so excited about selling?

If njw isn't holding why get so excited about selling?

In fact if njw isn't interested in either buying or selling why bother with this thread at all?

[value king] 20/9/2016 19:42

njw2, do you think so? I've been holding for a few months now and trying to decide whether to stick or twist.

[njw2] 20/9/2016 19:05

This stock has been pumped round the city more times than a Brazilian brass during the Olympics . It's a blatant pump and dump . Get out now while you can ..

[gbh2] 19/9/2016 13:34

Similar pattern to last week they're selling off the Bid price !

[gbh2] 15/9/2016 21:10

RNS tomorrow??

[gbh2] 15/9/2016 13:25

Retests are not for me, at least not on stock outside of the major index.

[brando69] 15/9/2016 13:18

looks to me like retest of 10p

[brando69] 15/9/2016 13:18

looks to me like retest of 10p

[gbh2] 15/9/2016 13:17

Looks to me as if there's been some horse trading going on and they've agreed a price at last ?

[sikhthetech] 15/9/2016 10:25

V Mixed views...
Currently exceeding their cost savings...

Outlook could be good, if all goes well but still a long way to go for them to settle...

Several snr exec changes...

Need figures to provide some clarity - but they are very late.. is it within 6months of yr end that they need to announce the results???...

[gbh2] 15/9/2016 09:31

Buying off the bid atm.

[gbh2] 15/9/2016 08:33

Can anyone get an on line selling price, problem with the Halifax Dealing Platform is that once the Buy at best order is active one doesn't have the choice to accept or reject the price !

[gbh2] 15/9/2016 08:06

And there;s still no price for selling on line, other than a negotiated, at best !

[graham1ty] 15/9/2016 07:25

So, the Senior non Exec, member of the Audit Committee leaves, when the results are already months late, and delayed a further week from the intended release day last Wednesday.

Sacked as cannot justify previous figures, and part of the Jersey great and good ?
Or resigned as cannot support the figures proposed for the next few days ?
Or resigned as cannot support the level of write off proposed ?

Who knows ?

[gbh2] 14/9/2016 19:19

Cheap, is ok as long as the profit follows !

[11_percent] 14/9/2016 18:29

The stock (stamps) are worth billions, FACT, and they are shipping them out the back door.

Brilliant, can add to my collection cheep.

[gbh2] 14/9/2016 17:17

The last trade looks very ominous !

[gbh2] 14/9/2016 14:52

Looks like the broker's got enough of these, I can't sell on line without leaving an order to sell at best !!

[gbh2] 14/9/2016 10:07

Can't help but wonder who's off loading, we've not seen any Holdings RNSs yet but I don't think they need to post until the whole sell is complete, which can take several days.

As for the results, imo they should have published a date by now, difficult to know if the new lot can be trusted any more than the lot that's been "let go"

[gbh2] 12/9/2016 07:46

Recent statements indicate they're going to adjust (lower) figures from previous years, guess that'll be to make this last year's figure look more In Line.

I think "stock" is all they have left after this last year of rationalization, so will it be valued on what they'd like for it or what the current customer base is willing to pay.

[graham1ty] 12/9/2016 07:37

Sikhthetech

"Share price will take care of itself". The trouble is, there are now 180m shares in issue. So even if you think SG is worth say £40m, that is only just over 20p. And I think they will write off more than that.

The more this is kitchen sinked now, the more profitable in the future ( and the more credit the new management can take). If they write stock down to negligible level, every future sale will be very profitable !! And there is so much bad news already in the share price that they could write the stock down from £55m to, say, £20m and there would be no share price reaction ( apart from a shout of I told you so). And, as they realise the value from the stock in the future, would suddenly appear very profitable