Stanley Gibbons Share Discussion Threads

[cockneyrebel] 08/3/2004 15:17

I think it will - mut be plenty out there waiting to buy the first dip they see.

CR

[nurdin] 08/3/2004 15:01

Buyers still coming in....wouldnt surprise me if we hit £1 well before the AGM..

[cockneyrebel] 08/3/2004 10:16

'Plenty more to come', agreed nurdin.

The AGM is going to highlight in the financial press the value of PVRD, the cash that is coming back to investors and the strength of the business at which they have kicked of this year. This seems pretty obvious from the bullishness of the Chairman's report at the results.

I can't understand anyone selling prior to next months AGM - looking for bags more by then.

CR

[nurdin] 08/3/2004 10:13

yup...were this a US stock they would have been rated at 30-40 or even 50 times earnings! We tend to be far more conservative here...

[kael] 08/3/2004 09:27

90p offer, blimey by this rate we will be at one pound in 2 weeks!

edit - make that 90p bid...

[nurdin] 08/3/2004 09:26

''...plenty more to come..''as IC says!!

[clocktower] 08/3/2004 09:21

Looks like another strong performance again this week.

[kael] 08/3/2004 08:43

Aye ;)) up again today.

[nurdin] 08/3/2004 08:42

looks like quite a few are waking up to these after the IC article..:o). £1+ pre and post AGM is entirely possible..

[nurdin] 06/3/2004 10:03

Read the article today...and like the last paragraph

''The shares have had a good run but,with Seymore Pearce forecasting 2005 PE ratio of 11,combined with a rising dividend yield there is plenty more to come...''

and I agree...

[daza75] 06/3/2004 09:55

Holding 50,000 at an average of 75p + 15000 on t+20 from results day. I wish i kept the ones i bought at 40p. LOL

Good luck all, this will make us rich. (touch wood)

[daza75] 06/3/2004 09:52

L2 was strong all day yesterday, the MM's want our stock back.

[daza75] 06/3/2004 09:51

What a great week it has been. One of the best ive had. I believe the rise will continue on monday on the back of fridays tip and everyone buying their copy of the IC over the weekend will be in on monday. I actually think we may see 90p next week.

[cockneyrebel] 05/3/2004 20:31

Interestingly, because they have stated that the cash from the sale of PVRD is coming back to the shareholders the increase in the price od PVRD is all the more tangible. The way it is progressing it could easily be worth 50% more by June.

CR

[nurdin] 05/3/2004 20:06

..and to add to that PRVD is up 6% on nasdaq.Seems no one wants to let go of PRVD.At this rate PRVD could be become a bigger jewel in SGIs crown than anyone had hoped for....

[kael] 05/3/2004 19:42

Tbh that chart is looking like its due for a blow off (excuse the language). I would feel more happy if it just consolidated for a little while! I have a feeling that isnt going to happen and think £1.00+ by mid April is pessimistic indeed!

With all the exposure that SGI is getting £1.00 is possible by end of March. I would prefer a steadier rise, but as the past two months have shown - it isnt going to happen. Share prise is continuing to rise at an average 19p a month!

It has turned into a 1 bagger in 2 months, there hasn't been a massive sell off and in all likelyhood there wont be - if just for the dividend.

The future is most definitely rosy, but would like the chart to show some consolidation at some point!

[daza75] 05/3/2004 19:32

100p + by mid April.

[ll] 05/3/2004 18:29

I got a load of these for free when flying flowers split honestly how much further will these go someone please tell me.

[cockneyrebel] 05/3/2004 18:18

I'm beginning to think this is a classic Jim Slater Zulu Stock in the making.

His definitions:

1. Positive 5 year record: Well I can't get data back that far but the 4 years HemScot goes back shows very good positive growth.

2. Low PE relative to growth: Very low. Current forecast PE around 15 divided by 119% growth = PEG of 0.12. Slater called a PEG of 1 low and 0.6 a strong buy.

3. Optimistic Chairman's Statement: Yes

4. Strong Liquidity, Low Borrowin, High Cashflow. I'd say yes.

5. Competitive advantage: Yes

6. Something New: I'd say yes, the Internet sites selling stamps is new and showing great potential growth.

7. Small Market Cap: Yes.

8. High relative strength compared to the sector: Yes, look at that chart.

9. Dividend yield: About to get one.

10. A resonable asset position: Yes.

11. Management Shareholding: Yes.



Just the sort of stock Slater reckoned would re-rate significantly. I reckon you could quite easily see these trading on much higher forward multiples as these re-rate.

MBY, HRN, HYD, TEP, MJW, MER, TPT all fit pretty much fit the bulk of Slater's same criteria and look at all of those shares have performed.

CR

[nurdin] 05/3/2004 17:59

Yes barnetpeter..I do remember.I went in big in these after talking to the Directors and doing my own research.The key for me was the exploitation of the internet,the market size,the brand name and of course the brokers forecasts..which I still think are very conservative.Of course luck has a lot to do with it too but the CEO is a young and an astute guy and he was bubbling with ideas...I like that.Investors with patience will see their investment multiply manyfold imo...but thats just an opinion....

[barnetpeter] 05/3/2004 17:43

Nurdin; I was with you (at 32p at one top-up). But the results were far, far better than we had expected, even though we thought they would be good. Plus the statement was very positive. Then there is PRVD bonus of course.

All in all, I can understand why folks didnt buy. It is arguable that SGI is now cheaper than they were then. Now we KNOW this company is going places and fast. Then it was a little more hope.

[jwe] 05/3/2004 17:17

CR-i would now be surprised if the £1 figure is not breeched before the agm.i am currently finding it difficult to put a target price on these(my origanal one was 60p!!)it seems the skys the limit at the moment and these could easily be another hornby.The business seems to be growing at 70%pa but with by far the best name in the trade and only 1% of the international market this could be very conservative add in the periphery businesses,the divi etc etc and the share price possibilities are mind boggling.
ps nice to see bre and oys doing well.
.

[cockneyrebel] 05/3/2004 16:40

Well done guys - great week, great fortnight, great stock. May have to revise up my £1 by the AGM at this rate.

Small Company Share Watch next weekend I think - a tip in there too isn't out of the question, might be some good weekend press too - makes a great story, stamp collecting.

CR

[nurdin] 05/3/2004 16:28

somoens buying in the background...after hour trades should make intersting reading :o)