Stanley Gibbons Share Discussion Threads

[barnetpeter] 06/1/2004 13:35

Nurdin - bang right. Well done! Added to my holding just in time on your urgings.

[clocktower] 06/1/2004 13:27

No nurdin..i was a bit early but making up for it now. Nice to see the MM get a few shares back before the next push as volumes do not make this a very good day/week traders share but a first class investment that will bring very big rewards to those that wait.

One other out of this stable is Flying Brands but only worth buying on weakness as the flower trade has problems but the great side for growth there is Listen to Books.

[nurdin] 06/1/2004 12:58

you have done well clocktower!They caught my eye a bit late in the day but I am looking for the share price to double from here once the market gives them a proper rating based on their earnings growth prospects

[clocktower] 06/1/2004 12:53

When I look back at the price when I started a thread on this stock in May 02.the price then and now..the wait was worth it and a lot more to come. I may even add.

[nurdin] 06/1/2004 12:41

This made my mouth water....

''The Board is committed to realising the potential associated with being the only
recognised brand name in an estimated $10 billion per annum market and to
continued growth in revenues and earnings over the second half of the year and
beyond."

[daza65] 06/1/2004 12:36

(A COPY OF MY POST FROM NOVEMBER 9TH 2003)


Medium Term Target 70p


Stanley Gibbons recruited over 4000 new customers in the first 6 months of 2003. Keeping pace with changing times, today's new stamp collectors are likely to be looking for an alternative investment opportunity as well as a hobby.

As any collector will tell you, the prices being asked and paid for specialist stamps and covers provides plenty of evidence that the financial future for stamps is very good indeed

With over 30 million stamp collectors worldwide the hobby has a very solid collector base and a liquidity of market that no other alternative investment can offer. Consider this point, as people use this market and therefore Stanley Gibbons for investments.

Simple laws of supply and demand dictate the value of stamps.
All this said it comes down to collectors and what they are willing to pay but an interesting quide of value would be the index produced.

[clocktower] 06/1/2004 12:35

I agree nurdin we should hit 50p with ease and longer term they could well go over the £1 when you consider the value of the international data base etc:

[cockneyrebel] 06/1/2004 12:35

Glad I got me Rs in gear in the end :-)

Cheers nurdin.

CR

[nurdin] 06/1/2004 12:28

Up over 9% now....50p short term I reckon..more after the results.

[cockneyrebel] 06/1/2004 11:56

Cheers nurdin - missed that when I was raking trough all the stuff over xmas - too much to go through having started that one bagger thread.

If they meet expectations of 3.3p a share eps that's over 70% eps growth and they will be on a forward PE below 8 even at 44p.

Agree 0 they are cheap, should have got my Rs in gear over Christmas but just bought a second wadge :-)

Has to trade on a forward PE in double digits for this continued growth I'd say. Internet seems right up their street too - always thought the companies that would do best from technology would be those that embrace it like HRN and perhaps SGI rather than those that compete to make the technology.

CR

[clocktower] 06/1/2004 11:52

Because the news will be so good, do you think they may provide results a little early this time?

[mo123] 06/1/2004 11:44

If you believe share price forecast;
The EPS growth to Dec 04 will be in excess of 60%.
The forward P/E to Dec 04 is still only 8 at 44p and we can look forward to a divi.
I'm looking for the shares to get to 66p by end of this year and 80p early 2005.

[nurdin] 06/1/2004 11:25

''..With the year end only weeks away, the Board can report that good progress has
continued throughout the year and that the Directors are confident that the
results for the year end will meet market expectations...''

Thats one of the factors which made me buy!

[cockneyrebel] 06/1/2004 11:15

Where has the company said that nurdin?

CR

[nurdin] 06/1/2004 11:06

CR..the company have already said they will meet this years expectations...the brokers may even revise 04 forecasts upwards after the 03 results given that earnings momentum is just underway..

[clocktower] 06/1/2004 11:03

MM must be in short supply of these to jump price on such small volume imo.

It just needs to break the 43p bid and it should be up and away to next level.

[cockneyrebel] 06/1/2004 10:50

I remembr you mentioning these ages ago clocktower - I never acted :-(

Was forced to look at them again after nurdin mentioned them - the forward PE is going to look pretty cheap if they meet this year's expectations.

Breakout got my juices going tho - hope iit performs like WHI over the past 2 days.

CR

[clocktower] 06/1/2004 10:45

Up and away..good to have you on board CR. Will breakout take us to 50p this time or above?

[nurdin] 06/1/2004 10:41

good man...looks like we have a lift off!

[cockneyrebel] 06/1/2004 10:33

Okay nurdin, I've bought a few - looks like its about to breakout on the chart.

CR

[nurdin] 05/1/2004 14:20

And to add cream at the top...

''The Directors are also pleased to announce that, further to the announcement of
their intention to investigate a method of returning surplus cash to
shareholders, the Channel Island authorities have now granted permission for the
Company to pay dividends from 2004. The Board is continuing to explore the
specific means by which this will be paid and will confirm this as soon as
possible...''

[nurdin] 04/1/2004 20:11

Just another snippet from their recent announcements:

Strong Market.....

The market in the stamps of Great Britain has been particularly strong in the
last 12 months, with demand exceeding supply for classic material in top quality
condition. Prices for scarce Commonwealth material have not risen so quickly,
but look set for a significant increase in the coming months as market activity
has been the highest experienced by Stanley Gibbons in recent times. Auctions
held during October in London and New York included a number of rare
Commonwealth items which achieved realisations substantially in excess of
current Stanley Gibbons catalogue values, and this will be reflected in the
Index next year as buying activity is sustained .

[nurdin] 04/1/2004 13:53

That PVRD stake is worth about £2m now..and will go up first quarter as Nasdaq bubbles!

[skyship] 04/1/2004 13:45

Aimtrader - I agree that to buy on the break through the 41p resistance level might be viewed as the traditional chartist's way to play this stock; however, to my mind this is one of those cases where you will add meaningfully to your profits by anticipating the break.

Bear with me and follow this pricing analysis:

If they go 40-42, the next price on the break will likely be 41-44 with a possible offer @ 43.5. As the current offer is 40.75p you will end up paying an extra 2.75p ie 6.7%. As the Fundamentals seem to predicate that the 50-day MA line @ 37.5p (37-38) will hold, you are risking 2.75p to save 2.75p.

The Risk/Reward analysis suggests you buy now; and it was on this analysis that I increased my holding last week.

[aimtradercom] 03/1/2004 22:57

Nurdin,

I agree this is one to watch, a nice well run company with no real competition in a niche market.


i would like to see it break 41p first, but SGI look to be about to grow.