Stanley Gibbons Share Discussion Threads

[arthur_lame_stocks] 21/12/2021 20:25

You don't 'alf post some nonsense jasdan.

[jasdan] 21/12/2021 20:14

This will attract a wall of buyers once the profits start coming through, this will lift the shares mid way through the year.
No point in missing out now, everything is set up for a superb rally in due course

[jasdan] 21/12/2021 20:12

Castelnau and Phoenix are now both behind this company so once the company returns to profit there’s no way that the shares will be this price.

Which other stock offers the level of return this share potentially offers? By next Xmas it could be 25p+ for example.

[deniro33] 21/12/2021 19:39

But certainly there are other stocks to explore… AS WELL- this is what I meant. Maybe I’m too sensitive but somehow I didn’t like that ending…

[deniro33] 21/12/2021 19:11

Yes Jasdan, and I agree with you and I don’t think I can add anything to it. In my opinion it’s very much now whether or not you want to be be buying more… That in turn depends how much you have to spare on shares. But certainly there are other stocks to explore…

[jasdan] 21/12/2021 18:32

I agree Deniro.
I would also comment that now that the CEO has made his comment, it is also clear that we are not yet in 2022, and that by the time SG is in profit, it will not be announced before September next year - meaning we have time to get in and buy more.

If anything, I think the share price is going to be radically increased over the next year, the question is: when is the best time to get in?
It's falling currently on very low volume, and many of us will not be materially buying until after January when our tax declarations have to be made.
It is therefore a question of timing and opportunity cost. Is it worth buying now, or worth waiting for the price to drift lower, and picking up a load once the new tax year begins? A look at the historic share graph shows we are likely to be on borrowed time currently in this regard. The share rarely drifts down like this without a strong upward reaction suddenly hitting. And this time, at long last we have a recovery and potentially profitable trading period coming through.
No, this is a short term price aberation, and it is now a matter of time before the price recovers.
Speaking personally, I'll be buying more soon, in 2022.
But there's clearly no hurry at the moment.

[deniro33] 21/12/2021 16:52

Maybe your right Creme de Menthe but ultimately that remains to be seen… I argue that anyone who bought the fractions is not gonna lose their money. Apart from that, the management say that the company will be profitable next year.

[creme de menthe] 21/12/2021 16:13

Share price continues to fall yet some on here continue to talk up this share and its prospects.
I offer three words of advice.
Avoid, avoid, avoid.

[creme de menthe] 21/12/2021 16:13

Share price continues to fall yet some on here continue to talk up this share and its prospects.
I offer three words of advice.
Avoid, avoid, avoid.

[ternian] 18/12/2021 00:05

Showpiece has only be able to move 14% of total fractions in nearly 7 weeks. Absolute disaster.

They are now trying to discount them for those who want to buy in bulk as a car boot sale.

Then we have the horrendous return this stamp hopes to achieve in the future. 50% of any profit first goes to Phoenix. The rest of the 50% is divided up amongst the bunnies less 2.5% commission to Showpiece.

You can't sell your shares, so you have basically invested into a dud for the next 10-20 years...

[magpie52] 15/12/2021 20:22

Creme de Menthe that advertising may well explain why they've managed to sell 120 fractions since yesterday, a very sudden increase in the rate. They'll always be someone who'll respond. But there's still 29,231 available so no need to rush in.

A reasonable penny black has always been a good investment even in the bad days of Gibbons manipulating the philatelic market. There are too many of them for anyone to be able to rig the price, so provided you accept there is a buyer / seller margin and you don't try to sell immediately after buying, then you'd never lose money in the longer term.

Of course, there is another difference in that you can always sell a penny black, because there has been a market place for them, for at least the last 160 years.

[creme de menthe] 15/12/2021 19:46

Sales of the fractions have ticked up, so has the costly advertising. I note a full page in moneyweek (UK) at a cost of 40 fractions. Maybe Showpiece got a discount....

I wouldn't touch these fractions with a 10ft bargepole, but I would be happy to buy a reasonable penny black for a hundred quid.

[jasdan] 15/12/2021 15:25

Nevertheless Clock, it would appear that the rate of sales per day of the fractions is picking up nicely. It used to be around 15 per day, we must be well over double that.

Am now waiting for Showpiece's next offering......could be very soon.

[clocktower] 15/12/2021 15:15

Still over 29k fractions for sale - this has been badly handled which seems to be by folks that have little knowledge of NFT's and how to make them a viable commodity.

[twixy] 14/12/2021 14:04

MT - SG have not sold any NFTs. Fractional ownership is entirely different. Most new NFT contracts between IP owner and licensee do have royalties payable on secondary sales: Dependent upon the NFT, these sales can be much higher, even though secondary sales percentage royalties are much lower than those achieved for the first sale. If SG can get into this category with the right player, they could do very well.

[manco tuco] 14/12/2021 12:48

This is my first post on these boards.

I have followed SG for a good number of years now, and made a few quid along the ways, I believe that this company will go cash positive and will be back to dividends the only question is when.

Look across the markets it has been a wild roller coaster ride for around a decade now, band was starting to come together again, when bang COVID comes a long and the ups and downs since then have been insane, right now every single share I have is down, is is red across the board since Omicron came along, but as I do not rely on them for income they can sit there until the come back up, which could be another year now with the current messing around with the variant nonsense, so the SG will not go bust or will it crash, becasue it is nonsense, because everything is like that, SG is in the same game as all other shares and like most will survive IMHO.

With regards to stamps - I stopped collecting for sometime, life just gets in the way sometimes, but I did not stop buying them and I put them in boxes until I have time for it all again, now the price of stamps never shot up in COVID in fact during the first year it barely moved and then it started to move and over the following 6 months the prices went up about 30% from the sources I buy from, but more interestingly was the number of items becoming available to buy, that started to rise and over the same period increased by around 75%, now in the last 3 or 4 months it has been a whole new ball game. The number of items becoming available has increased by around 200% the prices are up at least 300% and if you are going for Indian or chinese then you can possible put another 200% on top for good items. So I see the market growing as people look for better investments than the 0.1% to 0.5% from the bank, they are also looking for places to hide money from the Government who with the way they are wasting it will becoming to a pocket near you very soon for more, I am in the UK we have over £2 trillion of debt and someone has got to pay it back and prices are on the rise generally and by a lot. So I see stamps becoming more of an invetsment option for more people in the future, over a pure colectable item.

The other thing is about the NFT's SG has sold, now from my understanding and I am no expert, but very few are right now. When you create an NFT and sell it, you get paid, but NFT are strange in that the creator, like the movie star or the song writter will be getting royalties in the future, and for ever. every single time the NFT is sold the creator gets a % of the sale price so SG will get a payout every single time an NFT for the 1C is traded/bought and sold, forever. If I am wrong please do say so and explain where I have miss understaood, but from the information I was getting from Binance - Coinbase - Ledn - fiatleak and a multitude of other web sites and analysts on Cryptocurrencies and NFTs and the future of Blockchain, what I have said is the fact. So when people say they are selling at a discount, maybe but SG as the creator of the NFT will always get a % of the sale of the NFT and they will retain the stamp to show off costing them nothing and making them money forever. I can see museums following SG's route in time, because it is a way to spread the ownership of a rare item whilst maintianing custody of the item and it will raise large amount of money for museums to spend on new art works or rare items to display. without haivng to find the cash to do it and receiving royalties from the NFTs for each item.

As I say this is IMHO based on what I see across all markets and the emerging Cryptocurrencies and NFT's and its future, so please DYOR and lets help each other understand things and not just and not just make a pump or dump post every 5 minutes.

[twixy] 11/12/2021 21:51

Business Strategy: Shows how a company concentrates its resources to capitalise on the attractive markets of the future. What is hard to understand about that?

[ternian] 11/12/2021 11:07

Most dealers globally saw an up-swing in stamp sales due to the lockdowns. COVID actually spurned sales - not decreased them. As countries re-open, this spike is going to reverse.

In addition to this, many sellers won't consign stock to a business that has going concern issues.

SG is being financially propped up by Phoenix but is no longer a viable business. Phoenix know this and are trying to expand the business into other collectibles (send in the fractional ownership and hope for the best) to offset the inevitable...

[clocktower] 10/12/2021 16:17

They need to sort out a proper business trading the NFT's - they did themselves no favours the way they approached selling the 1c.

Overall I was disappointed but many thanks for your in depth analysis jasdan.

[deniro33] 10/12/2021 15:50

It'd be absolutely spot-on, wouldn't it.

[jasdan] 10/12/2021 15:40

Perhaps it will be a very rare clock?

[deniro33] 10/12/2021 15:02

I think that it shouldn't be too long before they put something again on Showpiece. Time is money...

[jasdan] 10/12/2021 12:07

Twiny, when I read that comment by the CEO I had to re-read the RNS!

You are exactly right. Phoenix have been crawling over SG's accounts and operations with a microscope, they know exactly what is going on per hour, never mind per half year.
If the boss says they are now looking at becoming cash positive over the next half year, then I believe him. More relevantly, Phoenix have shown their support in real terms by paying £19.45m upfront, then providing the £16m banking facility, then buying the £6.5m 1c stamp. You can't ask much more of them. Therefore from my own point of view this becomes a lot more investable. I am buying more shares now as I can see this is suddenly going to jolt upwards and don't want to be left behind.
At the end of the day, people on here have to appreciate Phoenix are not supporting SG because they are running a charity but because they see the profit potential in due course. As the shares rise [and Phoenix acquired theirs at 2.5p each], there will be a considerable rise in equity value to come. This in turn will benefit Castelnau as well so there is even more to play for, and reasons for Phoenix to carry on supporting things now. The shares will not be 2.7p when they are trading profitably!