Stanley Gibbons Share Discussion Threads

[clocktower] 05/8/2021 15:25

A sign of life today and nice to see a little tick up on so little volume.

[jasdan] 04/8/2021 08:42

These are going to be the results heralding the turnaround in SG’s fortunes and they’ll be accompanied by a very bullish update and forecast for the future. Am expecting very positive soundings about electronic initiatives and the 1c magenta as well as about recent revival of trading and great auction results. With so much going on it’s not a surprise the update is delayed - many companies are reporting delayed RNSs because of staff / COVID etc. The wait will be worth it

[jasdan] 27/7/2021 16:12

If this doesn't help SG increase their sales then I don't know what they have to do! Added to this, people are now returning to London and the big shows such as Stampex are on again, in person.

This is going to be one major recovery story, I reckon SG's turnover is going to explode this year. In fact their biggest problem is likely to be acquiring enough stock to satisfy the extra demand.

There also seem to be a lot of new collectors getting into the hobby. I suppose during lockdown people took up new hobbies or looked again at childhood hobbies. Either way, the auctions are now regularly sell outs, there are multiple bids per lot, and clearly a lot of interest in the hobby.
For us as shareholders, I hope this translates into a meaningful rise in the share price. At some stage the penny is going to drop in the investment community, when it does the share price could rise by multiples of the current price.
I think SG is in reality probably a £100m company, it is not apparent from the current share price, but it clearly has that sort of backing from its main investor, and embarks on a style of operation you would expect from a much larger company. In due course reality will catch up, and it will then be priced more correctly. As ever the market tends to overdo pricing, and when things were bad, it oversold and underpriced the shares. The current price frankly assumes SG will be going bust, which is not the case.
Expect the share price to explode upwards in due course.

[wapit] 27/7/2021 15:51

10 weeks to go before we can view the 1c stamp.SG reporting huge interest in the digital bit. Give me a piece of it.

[jasdan] 22/7/2021 11:53

I don't think there will be a drop this time around Clock. Let's face it, the weaker half was the first half, that has already been stated publicly, and SG have had some really excellent auction results this year. Obviously the COVID situation meant the shop was closed for part of the reporting period, but I doubt the market is going to unduly knock them over that.

Indeed I think they will report a small annual loss for 2020 overall, but attention will very much be focused on how they see the future, and their plans for NFT's, the use of the 1c Magenta, plans for rebuilding the business now that shows and exhibitions are resuming. 2020 was clearly a unique year and trading through such a crisis does not compare to trading post crisis. Stampex in Islington for example is on again in September, and these sorts of shows allow them to buy stock and start trading again. I'm also interested in how Baldwins is doing - it's often forgotten about, but this is a decent operation and a market leader in its own field.
I reckon SG is about to really rise, anyone selling now does so without realising how SG is now positioning itself in the grand reopening of London and as trading normalises; and as they manage to collaterise the 1c magenta.
Before they branched out years ago into investment backed products, they were for decade after decade a stamp dealer, and more relevantly, a profitable stamp dealer. I believe that is about to be the case again, they have gone back to their roots, and are now making money out of dealing, auctions etc. The following months should be very interesting........

[clocktower] 22/7/2021 11:27

jasdan, do not be surprised if we see the share price drop on results but buy on any weakness as the future is the jewel and star in making.

A quick turnaround I expect and when it comes the scramble for shares will commence and I doubt if you will be able to pick up any volume from the MM's.

Good Luck and Good Trading.

[superiorshares] 15/7/2021 21:32

To you sleepy people .
Some years ago a chap going by the name of Glazier took control of Man with their own money.
The finals are coming out .
I sense Déjà Vu

[jasdan] 15/7/2021 17:03

Wapit, at 3p a share, it is surely a one way bet on the shares? Am amazed they're not jumping a bit. They have even held a succession of sell out auctions lately, so I would have thought things were turning round now at a rate of knots.

Annual results are due at the end of July.

[wapit] 15/7/2021 16:52

I'm seeing loads of news about this 1c Magenta on BBC news etc.I cannot wait to buy a digital bit of this, much better than Bitcoin as there will be an underlying asset.The share price must go up if they pull this off.

[jasdan] 15/7/2021 12:07

Just a question of waiting now, I cannot see how the share price will not respond positively to all of this.

[clocktower] 15/7/2021 11:44

"On arriving at Heathrow Airport, it will be met by an armoured truck and will go on display at Stanley Gibbons' shop in London in a specially commissioned, zero-oxygen frame."

Pulling power.

[jasdan] 15/7/2021 08:03

SG publicity machine about to go into overdrive!

[clocktower] 15/7/2021 06:44

Armoured truck collecting THE Stamp from the airport — so expect a lot of good news from now onwards about this wonderful addition to well and truly show that SG is very much alive and kicking.

[jasdan] 13/7/2021 13:26

Clock, watch the live auction - it’s on all today and tomorrow. Heavy bidding per lot, must be making very good money from these auctions

[clocktower] 13/7/2021 13:11

Just a few bored holders selling today I guess and until we receive more news it is unlikely there will be many buyers around - so you just have to sit around and wait.

Stanley's turn will come.

[jasdan] 12/7/2021 08:11

A good auction this week at SG which seems to be getting a lot of support

[superiorshares] 08/7/2021 21:45

Oh Jasdana.
The auction of the stamp was widely publicised.
I think you will might find Phoenix bought it because it only made 8 million against an estimate of 12 ,,- 15 million .
Acting a bit like a hedge fund . A large gamble on a stamp they hope to profit on by selling it fractional .
It was the lure of the 4 to 6 million discount .
Wake up Luv

[jasdan] 07/7/2021 09:28

I believe the SG publicity engine is gearing up for a few announcements. This is definitely going to electrify things once they get going. Phoenix presumably see it as a way to improve the share price, but I wonder if they would have been better off cutting the debt instead?
On the other hand, the way the stamp was purchased and its oddly low price, suggest a private deal was struck. There was no publicity that the stamp was even on sale beforehand, not like when it was on sale before, a few years ago, and was on show in Sotheby's for a while, advertised around the world.
There is a lot more to this than meets the eye and combined with a half decent RNS later this month could easily see the shares double or triple in price in the near future.

[clocktower] 07/7/2021 09:06

Anybody aware when the $8 million stamp goes on display in SG's London Shop?

Hopefully more good news is just around the corner now.

[jasdan] 14/6/2021 15:29

Cheers Clock.

For the record, I am not Clocktower, I only write here as Jasdan.

[clocktower] 14/6/2021 15:03

LOL Super dope, that's another thing your wrong about also - your really are thicker than a plank of wood, suggesting J and myself are one and the same. Get a grip plonker and DYOR.

I guess your wishing you had acted on my suggestion that you put your savings into SGI's shares when you could buy them at under 3p rather than a new stamp, when you have saved up sufficient funds to do so, as you stated you needed too.

Nice to see a few more posters joining the thread again J, as I guess they can see the longer term potential.

Even if they buy 25k of shares now, investing less than 1k now, they could I expect be sitting on ten times that or more within a year or two.

No good trying top ramp this just keep posting your research on SGI J and your bound to attract some clued up long term investors to join you on the journey.

Good Luck.

[jasdan] 14/6/2021 12:01

Well said gbh2