Stanley Gibbons Share Discussion Threads

[jwe] 08/1/2004 16:03

I think that is highly unlikly- but i hope you are right.

[cockneyrebel] 08/1/2004 16:01

This feels very much like 50p or more in short order now its broken out.

A little Penny Black of a discovery - cheers nurdin.

CR

[clocktower] 08/1/2004 15:45

Agreed a couple more buys like last one..and bump up again. If this reaches 60p before results we may see £1 imo within weeks after results.

[skyship] 08/1/2004 15:18

Yes, still no sales. Volume still small, but agree that the mms are likely to be short, so after the next 20/- buy we should see 44-46, perhaps 44-47.

[clocktower] 08/1/2004 14:54

The slight tick-up but MM must be short and just wishing to get hold of stock without having to pay over the odds and run up the flag.

[clocktower] 08/1/2004 14:05

Agreed CR..way to low. Tim Dunningham is the man to watch.

[cockneyrebel] 08/1/2004 13:34

Nice to see it on the up again - having had a real good look at these again yesterday there's a good chance the estimates are way low.

Could be interesting imo.

CR

[nurdin] 08/1/2004 13:04

you probably right ..think I will refrain from posting till they hit 50p :o)

[clocktower] 08/1/2004 12:58

Folks will start to think you are ramping this nurdin...patience needed the profits will just keep growing and every return will bring good news. Results then..northwards at speed. Chairmans statement bound to be very positive.

[nurdin] 08/1/2004 12:49

This statement from the CEO sets the scene for the stamp indusrt going forward:



'It is an exciting time for the stamp industry. The growing demand continues to
outweigh a diminishing supply and this activity is reflected in significant
price increases for classic GB and Commonwealth items in top condition. The
development of rare stamps as a serious alternative to stock market based
investments is now being appreciated by an increasing number of private
investors and institutions'.

Roll on results time...

[nurdin] 07/1/2004 15:52

some good buying though....need a couple of fresh ones to push them ahead

[skyship] 07/1/2004 15:47

Agreed volume isn't that great, just 124/- @ 3.45pm. Still, Buys outweigh Sales by 81/- to 43/-; so mms haven't replenished their positions. A few more buys could see another jump forward. Surely any retracement would be just to the 40p breakline; a line further supported by the steeply rising 50day MA. IMO only be an overall market shakeout threatens further short-term gains.

[popgun] 07/1/2004 13:06

Oops, was editing my post to include the TA stuff while you were both posting yours. Agree things are looking good!

[nurdin] 07/1/2004 13:02

Expect a strong move forward in the run upto the results.As you say a solid company,earnings expected to grow by 70% this year and the next and on a forward pe of just 8!

[clocktower] 07/1/2004 13:01

No chance..fundamentals are so strong..bar normal ups and downs the only way this is going is well north till well after results.

[popgun] 07/1/2004 12:59

I'm in, probably too late :) Everything about the company looks good; the only possible niggle might be yesterday's movement on the chart - with low volume and no movement today, could it be a bull trap? Even if it is, SGI seems easily solid enough on fundamentals and the chart to override that possibility. Looking forward to the rest of 2004!

On the chart, what I see is 32 being a major level - resistance turned to support, with a failed double top during August/September followed by a continuation of the uptrend. Two classic flags, one in end-Nov/early-Dec and the other at the end of December, indicate further continuation of the uptrend. I've got a trendline going from the last low at 32 (Octpber 1st) that connects the recent lows and suggests trendline support at around 39p as of today. If the price does pull back in the next few days, the trendline should stop it at 39-40p.

[nurdin] 06/1/2004 20:59

Some info on Provide Commerce:

Provide Commerce operates an e-commerce marketplace of websites for perishable goods that consistently delivers fresh, high-quality products direct from the supplier to the customer at competitive prices. The company's platform combines an online storefront, proprietary supply chain management technology, established supplier relationships and an integrated logistical relationship with FedEx Corporation(NYSE:FDX) to create a market platform that bypasses traditional supply chains of wholesalers, distributors and retailers. Provide Commerce launched its marketplace in 1998 to sell and deliver flowers, one of the most difficult perishable products to ship, under the Proflowers brand, through its website, www.proflowers.com. For more information, please visit www.providecommerce.com

Interesting...current price $15

[cockneyrebel] 06/1/2004 15:33

Mine's the 8K and 7K - should have gone for 25K and been done with it :-(

Horrible hoping for a dip in a stock you've just bought isn't it.

CR

[nurdin] 06/1/2004 15:16

Cant recall these being tipped anywhere yet...SCSW type stock so wouldnt be surprised if SGI pops up in their future issues.Well done jwe!

[clocktower] 06/1/2004 15:01

Good investment jwe..shows how short of stock they are even tough they are now getting a few selling that nodoubt set a sell price some time ago and are not fully aware of the quality of this stock long term.

[jwe] 06/1/2004 14:47

Just bought another 10000 to double my holding in sgi having bought in last week.Interestingly the broker had to go to the mm`s for any quantity over 3000, got them at 45p in the end though.

[clocktower] 06/1/2004 14:11

I doubt if any of the bigger holders will sell till at least weeks after the results and divi or other method found to give us the cash pile that is growing. Internet costs very little to scale up..that is the prize with SGI

[skyship] 06/1/2004 13:54

WOW - been out all morning & come home to find the breakout has well and truly launched. Do hope Aimtrader got in before the rise - See Post No.10!! Pretty small volume, so we may get a pullback for the late starters; though who would sell at this stage?

[nurdin] 06/1/2004 13:48

Good on yer barnetpeter..with the company expected to meet current year forecasts downside is limited imo...and the upside could be massive.I see some profit taking in progress but the shares should resume their upward march once the profit takers are out..