Stanley Gibbons Share Discussion Threads

[jasdan] 06/5/2022 04:43

What do you mean by the sleepy whites?

[superiorshares] 06/5/2022 01:10

With the inflation factor finally sinking in. The sleepy Whites will see SGI hit the 5 million mkt cap .
Both company woes and market momentum will ensure that .

[superiorshares] 25/4/2022 21:11

Jasdan
Creeping toward that 5 million .

[superiorshares] 23/4/2022 08:12

Jasdan .
You sound like you should be buying more shares 😉.. Pile in quick before they fall a bit further .

[arthur_lame_stocks] 22/4/2022 18:16

I bet they're not trading in the black.

[jasdan] 22/4/2022 17:30

retriever, I think you will find they are now trading in the black again.

This should be confirmed when the annual results are issued in June

[retriever1] 22/4/2022 17:13

Jasdan, even if you remove all of the exceptional items from the P & L account, unless the sales have increased by an annualised amount of £4/5 million - which I very much doubt - this company will still be losing money when the next set of accounts is published. I have raised this point several times before but each time you tell me that NFTs will ride to the rescue. Currently, that is not happening so they need to generate extra sales from their core business. So now you will tell we that the auction business is going really well but how many sales do they hold each year? Not enough to generate the extra revenue required to stave off yet further losses. They need to increase sales and margins and further reduce overheads in order to make a viable business out of what they have got i.e. the trading name.

[jasdan] 22/4/2022 09:55

Clohn, you're right about point 1, but I think point 2 is being dealt with by the recent £1.3m mentioned in the RNS. However, as regards your third point, I believe the company is no longer loss making. That is a material change, reflecting the strong management decisions that have been made in recent years as the business has been transformed - this should be confirmed when they publish the full year results in June / July.
This is a complex business going through a fundamental transformation and it is worth your while, as a potential new investor, in studying the RNS statements issued by the Company since 2016, especially those related to Phoenix coming in and buying 58% of the company, putting the Guernsey side into administration, and putting the Manhattan operation into administration.

Whilst it is heavily indebted, its cost base is small compared to a few years ago - in due course this will lead to a dramatic turnaround in their debt.

The company was trading at over £3 a share a few years ago before it crashed. The share price now is under 2p which seems impossible, indeed any other company would no longer be trading in such circumstances, but that is exactly the point here. The situation here is unique, the company has been able to trade through an unbelievably tough period, and the future should be rosier. The share price however has not caught up with the situation - indeed it is as though the company still has financial problems. However, ask yourself - what financial issues does the company really have when its main shareholder provides such soft banking facilities?

[cjohn] 22/4/2022 09:30

This came up on a contrarian screen I use.

But it's too risky for me.


1. Very heavily indebted and dependent on the good will of its controlling shareholder to continue in business.

2. A serious pension deficit.

3. Loss-making.

[superiorshares] 20/4/2022 19:52

Jasdana .
Let's do nonsense
I tried to buy some shares today but my broker had none available.

Then the share price went down:-)

[superiorshares] 20/4/2022 19:48

Oh jasdana .
I collect Lizzie errors
Postal union congress,
India ,
THEMATIC. Shipping errors mainly .
Rarish, postal used . Commonwealth and Great Britain .
Oh and if anyone spouts rubbish it's you Luv . It is pure cobblers , in fact if you go back a year or so. I asked you in a post if you was about 15 ? . Some of the nonsense you write :-) .
The only institution that holds shares is Phoenix isn't it ? . I admit I haven't looked , I have never known instutions to
Hold illiquid , basically bankrupt companies .
You couldn't short this ???. Are you having a laugh ?.
I can't short it now , Igindex no longer offers it .

[jasdan] 20/4/2022 19:26

Superior, you do make me laugh. Your comments are constantly inept. It was not possible to short this share, even ten years ago. Your comments are ridiculous and so anti the company that you can only be an ex staff member. I suppose it wasn’t nice being sacked but do we have to hear this constant rubbish from you?
Let’s face it, you know so little about the company that you do not even know the main institutional shareholders!

And why on earth do you keep on making out that you even collect stamps?

[superiorshares] 20/4/2022 18:53

Gbh2
I have been on this thread for years . I'm
A philatelist you see .
Unlike yourself , who along with Jasdan , pumped your 2 bit wealth in and caught the falling knife :-) .
If you go back on my posts . You will see I shorted this at £2.97 . Wasting my time :-)
No I don't think so Luvvie !
Now Jasdana . If you go back over our posts , about 4 years isn't it ?
You will note every single opinion you offered on Sgi was wrong !
And every single opinion I offered was right .
You are the epitome of a Europhile wrong
About everything, although they do excel at fiddling expenses paid for by their mugg taxpayer supporters.
OK investors here is the latest opinion
From Superior .
A 5 million makes cap imminently.

Don't fight the fed
Don't fight SS

[gbh2] 20/4/2022 08:25

LOL, this "super" doilum must have lost a fortune on SGI judging by the number of hours he's wasted posting on this thread :)

[superiorshares] 19/4/2022 21:53

Jasdan.
I didn't think SGI had any instutional investors ?

[jasdan] 19/4/2022 19:42

Clearly that is the case. There do not appear to be any institutions trading the shares so today’s movements arise from private investors buying and selling only.

[superiorshares] 19/4/2022 19:37

Jasdana .
So why does the share price go down ?
Perhaps, the traders and market makers don't understand the situation as you do .

[jasdan] 19/4/2022 07:21

Good trading update

[jasdan] 17/4/2022 22:07

We’ll see who has a laugh, soon, when they do give us an update

[superiorshares] 17/4/2022 21:53

Jasdan
The official receiver is giving an update shortly .

[jasdan] 14/4/2022 15:42

It's about time SG gave us an update on things. They normally do at this time of year, in fact it is some time since we last got any sort of comment from them.

[creme de menthe] 14/4/2022 15:24

Still 84% fractions unsold...no great last minute rush.