Stanley Gibbons Share Discussion Threads

[spectoacc] 12/6/2017 07:20

Strategic review & formal sale process - getting more interesting.

[sikhthetech] 11/6/2017 20:34

Edi Truell, former adviser to Boris Johnson, bids for Stanley Gibbons

Boris Johnson's former advisor... :-)

[spob] 10/6/2017 13:51

Disruptive Capital LOL :)

[richie666] 10/6/2017 08:03

Our stance early last wk was very prescient -

[napoleon 14th] 10/6/2017 01:38

20p as well....

[moneybags] 09/6/2017 14:10

dins1249.............I don't think you will be far away with a 20p to 23p offer.I am thinking around the same.
I would prefer no offer to be honest.

Regards , Moneybags

[dins1249] 09/6/2017 11:31

I believe it is Disruptive Capital which is £250m private fund so there may not be much public info about them.

[sikhthetech] 09/6/2017 10:58

is it Disruptive Capital Ltd or one of the others, DC Finance, DC Ventures???

[dins1249] 09/6/2017 10:47

BOD must hold out for at least 20p

[jim digriz] 09/6/2017 10:16

One of the risks of holding shares in recovering companies is of someone else coming along and buying the entire company on the cheap before it can recover far. At least this is the version in which the Board don't just immediately hand them the company. I hope the Board take the interest of Disruptive Capital (who have a very good track record) as a vote of confidence in their recovery strategy and tell them to get knotted.

DYOR BYOB

Jim

[sikhthetech] 09/6/2017 10:10

nice read richie, thanks...
if the BoD can demonstrate that the business has turned around then I would hope for more than book value...
we have until 7th July...

[richie666] 09/6/2017 09:57

UPDATE RE BID APPROACH – 9 JUN 17 – Our Spec Buy call on SGI earlier this week appears particularly prescient as the company has this morning announced an approach from Disruptive Capital per HERE. Bearing in mind management’s recent comments re turning the business around only weeks ago per here – “There will undoubtedly be further challenges ahead but following the Sale and taking into account the cost reduction measures that we have already taken the Group can finally start to look to the future and focus on its core businesses. Despite the upheaval of the last 15 months, the resilient and inherent value of our brands has continued to be recognised across the industry and we look forward to ensuring that this is reflected in shareholder value” and the debt profile moving the right way we would expect the Board to hold out for a price towards the 20p level – around the company’s book value as we detail below. Accordingly at a current price of 13p we remain buyers.

[sikhthetech] 09/6/2017 09:42

Disruptive capital...

[spectoacc] 09/6/2017 09:42

All about enterprise value, ie including debt. But fair to say they wouldn't have been approached if the (potential) bidder didn't see value.

[chrisgail] 09/6/2017 09:39

Anyone have a clue what a reasonable takeout price would be?

[spectoacc] 09/6/2017 09:29

Yes fair point:

"The Stanley Gibbons Group plc notes the recent share price movement and confirms that it has received an unsolicited approach from Disruptive Capital ("Disruptive") regarding a possible offer by Disruptive for Stanley Gibbons."


Sold half of mine on the rise, happy to sit on the rest.

[sikhthetech] 09/6/2017 09:23

possible bid...
The fy results should be announced soon and given they are turning around the business I would have preferred no bidder at this stage...

[spectoacc] 09/6/2017 09:14

Potential bid approach.

[kemche] 09/6/2017 08:57

Bubbling along nicely.

[fillipe] 09/6/2017 08:53

+ almost 15%.... been tipped??

f

[richie666] 06/6/2017 08:04

We have put out a new Buy call this morn on SGI -

[sikhthetech] 05/6/2017 14:35

Hopefully, the BoD will announce results soon....
good outlook and further confirmation the turnaround is progressing well will be great...

There will always be collectors of rare items, whether it be stamps or anything else... The recent sale of the 77 plate provides some reassurance...

[moneybags] 05/6/2017 12:10

And it's not because the price of stamps has collapsed. The stamp market is very strong these days.