Stanley Gibbons Share Discussion Threads

[shanklin] 02/4/2004 13:21

If its just buy-backs, implying a demand for the shares, I'm surprised that they've been undertaken below mid-price and led to a price drop.

[kael] 02/4/2004 13:15

well done a bit of calculating and and after the first buybacks they had around £800K left in the bank, which gives them the ability to cancel around another million shares. Time will tell no doubt.

[kael] 02/4/2004 13:08

mmm...this is getting interesting, there was also a trade for 375000, was that the buyback going through - and MH provided the liquidity to do it? Thoughts?

[shanklin] 02/4/2004 13:05

Kael,

Well we do have one RNS now, although its a director exercising and selling an option. As you state there may well be more RNS's.

[kael] 02/4/2004 13:02

Everyone is going on about CGT this year (well who can blame them!) but am curious to how much an effect this is happenning - any thoughts anyone?

[smow1] 02/4/2004 12:54

Shame can't put these in an ISA as would be an ideal stock for long term growth.

[kael] 02/4/2004 12:53

mmm...looks like these buy sell figures are blurred then - I'm sure we willget an RNS those 2 largish trades yesterday were almost 3% I think

[daza75] 02/4/2004 12:50

that 10k sell is actuall a rollover from me, just bought them back just above what i sold them at. Not sure if that will show though.

[kael] 02/4/2004 12:44

Im fairly confident they do have something to do with the buybacks. One of the directors would have to sell due to takeover rules - the fact that they are willing to take on almost 1 million of what *appears* like sells and only move the price a few pence shows something must be up - that kind of selling pressure should drop the price by more than a few pence but it hasnt hence I suspect buybacks.

[shanklin] 02/4/2004 12:42

Anybody, any idea what these large trades over the last couple of days relate to? Hopefully they're just being down for tax reasons, whether institutional or private, but they don't look to me like anything to do with share buybacks.

Insights much appreciated... ...these still seem good value to me and I'm happy to stay with these until the AGM at an absolute minimum, although hopefully for at least a couple of years.

Cheers, Martin

[kael] 01/4/2004 11:47

must be another buyback, good stuff, once these are out the way (convieniently before the AGM :) ) things will turn I'm sure.

[clocktower] 01/4/2004 11:46

Time to join the party again I see.

[kael] 27/3/2004 11:43

you may find it worthwhile reading the report:

[kael] 27/3/2004 11:42

15th April

[daza75] 27/3/2004 10:17

Can someone remind me exactly when the AGM is again!

[daza75] 26/3/2004 14:17

L2 2V2 MOVED FROM 2V3. MAY TICK UP AGAIN BEFORE THE CLOSE TODAY.

[daza75] 26/3/2004 12:42

Looking good, a few more buys and i see this moving back to 80p next week.

[shanklin] 26/3/2004 11:27

Having been away for the results :-(, have finally bought in today, 10,000 & 6750, both yet to show up. Hoping for some upbeat comments at the AGM.

[daza75] 26/3/2004 11:13

hi guys, got tempted again today 10k which should show soon.

[smow1] 26/3/2004 10:50

Nice to see it bounce upwards off the support level.

[clocktower] 25/3/2004 12:52

Tempted to buy more back again, looks like support level.

[popgun] 25/3/2004 12:43

Kael - you've gone over your bandwidth limit on geocities. This is what I get when I go to the address of your chart graphic direct:

Sorry, this site is temporarily unavailable!
The web site you are trying to access has exceeded its allocated data transfer

Have you got a lot of popular things on kaelterskelter? You could try creating a second account and splitting pages/files between them to lessen the load a bit.

I haven't got level 2 so can't help there I'm afraid.

[kael] 25/3/2004 12:15

mmm.. well think CS should have a buy order and as I suspected support seems to be in at around 75p - nice 25K went through.

edit ignore above - my lev2 is playing up! or is it? does anyone else see CS alone on offer at 73p? quote I get is 72p bid though.