Stanley Gibbons Share Discussion Threads

[popgun] 15/4/2004 12:47

Kael - I agree completely! I had 130 as a target in January but will have to get the calculator out again on this news. Some more detail on Q1 profit would have been nice rather than just "in line with expectations".

[kael] 15/4/2004 12:39

now all those that sold at 67p...WHAT WERE YOU THINKING :)

My year target remains 120p, but im pretty sure that will be beaten after such a positive start to the year.

[clocktower] 15/4/2004 12:32

What good news...if other companies would pay attention publishing good news.
I am going to raise my targets on this now.

[tom.muir] 15/4/2004 12:11

The 20% is for the 1st quarter and the first 4 months last year were not good so I was expecting that like 4 like would be something like this. The test will be if they can maintain 20%. I am pretty sure they will but I am not going overboard on 20% for that particular quarter. Having said that I am still very bullish on SGI and am looking for great things this year. l,m so pleased that I toppd up yesterday - that deal is in profit already. lol. Good luck to all holders Tom

[kael] 15/4/2004 12:01

the growth rate is extremely encouraging, the 20% turnover imo is absolutely fantastic given that last years was 6%! If they can maintain this throughout the whole year, then it will most definitely be rewarding for shareholders to say the least!

[shanklin] 15/4/2004 11:54

The 20% number looks interesting. Suggests to me, as other posters previously predicted (I forget who, sorry :-)), that we might get near to the forecast 05 EPS of 7.2p in the current year.

Bought another 7500 at 69.78 staright after the announcement but yet to show up on ADVFN.

[nurdin] 15/4/2004 11:36

Couldnt have wished for more....advertising revenues rising as well .Firing on all cylinders by looks of things!

[jwe] 15/4/2004 11:32

Glad i doubled up this am(still not showing),the price should now edge back up.

[kael] 15/4/2004 11:29

turnover up 20%!

[kael] 15/4/2004 11:28

looking Fanblooming tastic to me

[cockneyrebel] 15/4/2004 11:28

Nice AGM statement :-)

Carp market tho today :-(

CR

[kael] 15/4/2004 11:27

Stanley Gibbons Group Limited
15 April 2004



THE STANLEY GIBBONS GROUP LIMITED

'the Company'

AGM TRADING STATEMENT

All the Resolutions proposed at the Annual General Meeting of the Company held
in Jersey this morning were duly passed including the Special Resolution
authorising the Company to purchase up to 15% of its issued share capital in the
market for cancellation. Commenting on current trading, the Chairman issued the
following statement:

'Turnover (unaudited) for the first quarter of 2004 was more than 20% higher
than for the same period last year. Trading has been in line with the
expectations of sustained growth of the Company in both turnover and
profitability.

We have continued to enjoy strong market conditions in philatelic trading and
retail operations which have benefited both from the increased momentum and
interest in stamps as an alternative investment proposition, and the strength of
our stockholding built up towards the end of last year.

The performance of our publishing and philatelic accessories division, despite
being hampered by the late delivery of some catalogue titles, has held up well
through a significant increase in revenue from advertising, both online and in
our printed publications, together with an improved return from our direct
marketing activities.

We have re-launched our online magazine,
www.gibbonsstampmonthly.com,
with
enhanced features bringing the latest philatelic news as it breaks. We are
currently finalising the integration and standardisation of our web sites to
make the best use of our intellectual property going forward. Our internet sites
are now receiving close to 10 million hits on a monthly basis.

On 16 March 2004 we purchased 1,322,394 Ordinary shares for cancellation at a
price of 80p per share, in line with the commitment made in our 2003 Final
Results Announcement to return surplus cash to shareholders. We will be in a
position by the end of June to review further returns to shareholders, dependent
on the proceeds of our investment in Provide Commerce, Inc.

We welcome the considerable changes in our shareholder register this year with a
number of institutional holders coming on board who are supportive of our
strategy.

Overall, the successful implementation of our business strategy continues to
ensure that we deliver strong returns to our shareholders and we look forward to
the future with confidence.'

The Company's interim results will be announced on Friday 30 July 2004.

For further information, contact:

The Stanley Gibbons Group Limited
Paul Fraser, Chairman 020 7836 8444
Michael Hall, Chief Executive 01425 472363

Seymour Pierce Limited
Louise Carpenter, 020 7107 8000
Jonathan Wright

[ukhawk] 15/4/2004 10:41

Kael, sorry yep you're right ! I've actually got a copy of the report/accounts to check it.

[kael] 15/4/2004 10:33

should get RNS around 11:00am - thats when the AGM is.

"Annual General Meeting held at the Pomme d' Or Hotel, Liberation Square, St Helier, Jersey at 11 am plus Trading Statement"

[jwe] 15/4/2004 10:01

Just doubled my holding again after selling half a month or so ago.Bought 10k at 68.49,below mid so may show as a sell.I expect agm to be positive given that institutions have been persuaded to buy 15% of the company at 70p.A good time to top up imo.

[ukhawk] 15/4/2004 09:06

AGM was in the morning last year, it's in the afternoon today.

[orange1] 15/4/2004 08:24

I would expect it to be published mid to late morning.

[jwe] 15/4/2004 08:04

Thought there may be a statement out this am re the AGM any ideas anyone?

[xdavid] 14/4/2004 22:00

Thanks Tom. For some reason, it did not show up in the Advfn intraday chart (but listed in the Comdirect trade list) so I thought it was some sort of arranged trade.

Here's to tomorrow!

[kael] 14/4/2004 17:55

I thought this was interesting - especially now that known funds now hold almost 13% I wonder how much this table has changed (ie other funds getting on board but sub 3%)?


Shareholdings analysed by catagory

No. of holders Holding Percentage
PRIVATE SHAREHOLDERS 2,203 7,457,698 30.03%
DECEASED ACCOUNTS 4 1,449 0.005%
INVESTMENT TRUSTS 11 96,240 0.38%
NOMINEE COMPANIES 202 12,583,849 50.68%
LIMITED COMPANIES 32 2,949,550 11.88%
BANK & BANK NOMINEES 4 1,734,591 6.98%
OTHER INSTITUTIONS 2 3,359 0.01%
TOTAL 2,458 24,826,736

[tom.muir] 14/4/2004 17:19

xdavid - The 7,000 deal was me - and it was a buy. I suspect that several of the 'don't knows' were also buys. At sub 70p it looks excellnt value to me so I topped up. Tomorrow will tell if I was right. lol. Tom