Stanley Gibbons Share Discussion Threads

[nurdin] 15/3/2004 14:33

Delighted to see SGI bouncing up again...some profit taking was inevitable at 90pish..but as smow says quality always shines through.AGM not far off and I expect a very positive statement...

[smow1] 15/3/2004 14:08

All the quality shares are up today even in a generally down day in the markets - VCP, MBY, SGI and CKN. Quality always rises to the top. Plenty of upside to all of them.

[cockneyrebel] 15/3/2004 12:31

Nice larger delayd buys going through, one 23K at a 1p premium too.

CR

[clocktower] 15/3/2004 12:27

kael are you watching GLD..about to blow right out the water imo.

[dwnash] 15/3/2004 12:04

Yes it was Tipped,
On the AHT thread by meeeeeeee.

edit...
PS. "stupid boy" I hear Mainwarring cry out?

[daza75] 15/3/2004 11:59

PICKED UP ANOTHER 7,500 TODAY. YET TO SHOW. LOOKING VERY GOOD FOR THIS WEEK IMO.

GOOD LUCK ALL

[cockneyrebel] 15/3/2004 10:29

Cheers - sooner than I thought then. I'd expect to see plenty of buying kick in ahead of the AGM on the usual 2-3 weeks in advance so probably only a week or so to wait before buying picks up imo.

CR

[kael] 15/3/2004 10:07

no it is the 15th

[kael] 15/3/2004 10:06

Not a tip...there is just plenty of value left in SGI.

[clocktower] 15/3/2004 08:26

Should pass its former highs imo. Onwards and upwards it runs.

Good trading.

[daza75] 15/3/2004 08:04

Good open, lets hope it improves all day!!

[smow1] 13/3/2004 14:59

If I was them I would concentrate on a Ebay sort of set-up on the Internet. Low overheads, yet world wide reach and hence large sales and profits. Can then be run from any country where labour is cheap (e.g. India or maybe even China itself).

[kael] 12/3/2004 23:10

Im wondering...will SGI open up specialist shops in cities other than London?

What I should say is outside of Britain.

[smow1] 12/3/2004 22:48

Asian countries are avid stamp collections, especially China. So as more of them come online with the Internet and start to buy stamps the world supply will start to dry up and prices will move up fast. There are only so many old stamps out there - you can't print more. SGI have done well to build up stock levels and improve the online web site.

[dwnash] 12/3/2004 18:02

I've gone through and checked in my own way, and come up with the conclusion of about 140K more buys than sells, thats equating the ? also, for the week, so the markets set the trend for the drop from 90p monday to the lows of today, perhaps a nice climb back to 80p and more in the near future.
Trends more than charts seem to dominate this beauty,as continious buying as we have seen over the past month has pushed this to the peak,yes, continious selling can reverse it. This happened with Durlacher a while back.supply and demand.
By the way. the price of stamp buying and selling has'nt fluctuated all this week as the footsie ,and other markets have..you can't buy the stamps you wanted before Xmas at pre Xmas prices anymore,all on the up on Ebay..IMHO

[cambium] 12/3/2004 16:13

Sorry, I dont know if this has been posted - it was sent to me.

Stanley Gibbons (LSE: SGI), the famous stamp dealer, provides a good example of what to look for in a growth company. Its shares were highlighted in July last year at 26.75p. Today they're trading at 78p -- they've almost tripled.


Eight months ago, brokers were expecting Stanley Gibbons to increase its earnings by 70% in both 2003 and 2004 -- rosy by anybody's standards. However, supporting the projections were upbeat boardroom comments and a booming stamp market. At the time, the prospective price to earnings (P/E) ratio was low (just 8) and importantly, the shares were also backed by the balance sheet. Net tangible assets then amounted to 26p per share, which included a net cash balance, to give an attractive price to book of 1. The share price thus left the Stanley Gibbons brand and reputation -- probably the most famous in philately -- essentially in for free.


Today's annual figures from Stanley Gibbons go a long way to explain the share price leap. Earnings were up an astounding 84% in 2003, aided somewhat by stamp prices improving 15%. Positive talk concerning foreign collectors, new catalogues and Internet dealing support the prospect of another sizeable profit increase for 2004


Though Stanley Gibbon shares no longer offer the blindingly obvious value they once did, there's still plenty of scope for further momentum. Strip out the 17.5p per share of net cash and investments, and the P/E for 2004 comes to just 10. For what appears to be a fledgling growth stock at the dawn of a new bull run, that rating still looks too cheap

[smow1] 12/3/2004 15:55

Looks like we may see blue before the end of the day, buyers coming back in droves so price must tick-up again soon.

[smow1] 12/3/2004 15:44

Think all those who topped up on SGI, MBY, CKN, VCP and NRG will be very happy Easter bunnies. Last chance to do so as all starting to turn blue as buyers return and the sellers have been flushed out.

Probably find sellers now returning and wondering why they sold in the first place. Obviously really - it was so we could all buy cheaper and make more money. Very generous of them.

[kael] 12/3/2004 15:34

Make sure you are all in for the intercast on wednesday! It's gonna be fun! And we can ask the pertinent questions concerning buybacks and/or divi too!

[nurdin] 12/3/2004 15:33

one of the cheapest growth stock on the market and people are selling? Well the AGM isnt far off..expect punters to pile back in again pre and post AGM!

[cockneyrebel] 12/3/2004 15:32

Positive by the close? Looks like it, and who can blame people buying at this discount?

Topped up obver three days now and looks like I'm going to be a very happy bunny :-)

CR

[smow1] 12/3/2004 15:18

As PRVD rises so does the size of the share buy backs and hence the price of SGI. Nice.

See large 25K M trade just gone through - stock running out fast as buyers return and sellers dry up.

[daza75] 12/3/2004 15:09

prvd UP TO $26

[smow1] 12/3/2004 15:01

Just topped up for second time today for another 10K - though noticable that it hasn't shown up after 30 mins and that bid ticked down 1p afterwards even while the online limit dropped from 7K down to 5K. Running out of stock by the look of it or online limit would be going up. Obviously trying to flush out some sellers by dropping bid but will have to tick up soon.

And up it goes even as I type. Easy 20%+ to be made here even before the share buy backs start. Best couple of days in weeks picking up bargain shares.