Stanley Gibbons Share Discussion Threads

[kael] 12/7/2004 17:07

Well, close to breakout today but didnt get there, atm the share price is as close as it can get, good to see close above 90p:

[kael] 12/7/2004 16:06

Im assuming size quotes are still the same? Also looks like repeat performance of breakout @40p

[elmfield] 12/7/2004 16:05

got there but thought it was a struggle!

[kael] 12/7/2004 13:58

wake from my seista to find pretty much the same. Looks like we wont have breakout today, Mm's restricting the amount you can buy, by quite a margin. Looking at the trade log and it seems to me that any largish sells quickly mopped up.

Full offer prices needed to get some stock, but mm's paying 1.5p over the odds for some, looks good.

2-1 on lev2.

[ukhawk] 12/7/2004 13:19

Spread now 89.52/92 with same buy/sell amounts.

[ukhawk] 12/7/2004 09:12

Comdirect will sell 1.5k @92p, and buy 37.5k @ 89.25p........think they're a wee bit short of stock, LOL

[kael] 12/7/2004 08:58

Just passed 89.5 mid... could definitely have breakout today.

[kael] 12/7/2004 08:28

Well there's still 8 hours left :)

[elmfield] 12/7/2004 08:25

thought this would have gone blue today?

[kael] 12/7/2004 08:22

Anyone available to give me some online price/size quotes? Unfortunately my online broker is useless in that respect. I attempted to do a dummy buy and it wouldnt go through with a limit - had to be @ best market.

[kael] 12/7/2004 07:59

Morning. Didnt see anything in the press of the weekend, but more of the same will be graciously appreciated, Mr. Stanley. ;)

[nurdin] 10/7/2004 10:09

I recently had a chat with Mr.Purkis and although he couldnt tell me anything outright,the undertones were very bullish.
Brokers are likely to upgrade full year expectation after interims imo

[ukhawk] 10/7/2004 09:58

Going back to the discussion y'day, it was only on the 15th june that the Independent wrote, "Word has it that Stanley Gibbons is benefiting greatly from a rise in prices of antique stamps". I think we'll all be very pleasantly surprised come the interims !

[nurdin] 09/7/2004 21:25

Shows all the signs of being a break out.Monday will tell :o)

[kael] 09/7/2004 21:08

Quick chart before the pub :)

[ukhawk] 09/7/2004 16:59

CT, no problem with taking profit, I was just surprised you got out just before the PRVD sale announcement, which was pretty common knowledge.

[clocktower] 09/7/2004 16:54

ukhawk...You asked why i got out on the GLD thread a short time ago of SGI, on the GLD thread.

I am always happy to leave a profit for someone else. I had a lot that I had held over a log period of time,so I just moved on. A mistake in some respects but I am am very happy with the amount of money I made over a long period. I hope you all do likewise.

Good luck.

[xdavid] 09/7/2004 16:46

Yep, even the sun's started shining. I think I'll go and water the pots...
As for the weekend, I think yesterday and today - a cumulative (compound?) 14% rise - will keep me smiling through to Monday... when it all starts again.
Have a good weekend, all.

[kael] 09/7/2004 16:42

Yes, agree. I understand the 20% ahead comment can be taken with a pinch, at least all indications point to a steady set of interims (oops there's that optimism again!)

Ears open, eyes on the press. Have a good weekend. :)

[don carter] 09/7/2004 16:39

Yes, let's keep our expectations moderate. It saves grief. Still, it closed at its previous high of 89.5. A couple more days closing there or above will be a very good indicator.

[xdavid] 09/7/2004 16:38

Regarding having to inform the market about beating or otherwise analysts expectations my understanding is that unless the company has made a statement of agreement or disagreement some time previously e.g. "we expect to meet market expectations", then they do not need to make any comment, even if they were going to double the estimate. They do not have any duty to correct other peoples statements about them, only their own statements. This is where the reading between the lines comes in - what's a statement?

[ukhawk] 09/7/2004 16:37

Well, I'm still buying so I must be optimistic. I also think there's a good chance shareholders will get back more than 10p at the interims. The cash is there if that's the way they want to go.

[xdavid] 09/7/2004 16:23

I have always tried to not get too excited about that "20% ahead of same time last year" quote. The period they referred to (beginning of 2003) was described in the 2003 report as : "Despite a challenging trading environment in the first 4 months of the year". (despite this they still achieved 79% growth, though). So, 20% up on a "challenging" period may not necessarily translate through as 20% up on the overall year. Maybe just me being cautious again...

[nurdin] 09/7/2004 16:13

Close at 90p mid would be nice...not asking much is it? :o)

[kael] 09/7/2004 16:04

LOL


Edit:

Well I guess its just the anticipation of interims, I know I shouldn't get my hopes up too much. But the newsflow that has been coming from SGI has been riddled with positivity albeit with the "we will meet expectations". I cant seem them doing anything but being ahead of expectations. 5% above expectations would put them on a foward PE of 16, and 14 discounting cash. Thats with a 50%+ growth rate!

The fact that they stated sales were ahead 20% for the same period last year is most encouraging, for expectation beating results!

Surely if they were sufficiently ahead of expectations - there would need to be a review of the broker report? Question is how much is sufficient? 5% wasnt enough last year to warrant a review.