Stanley Gibbons Share Discussion Threads

[2magpies] 02/9/2004 09:17

RSI 21 now hittig 30.

Right on the border of oversold territory.

[jwe] 02/9/2004 09:17

The shares are trading on an historic pe of over 21 and a forward pe of about 14.5,to me that does not make them a `buy` more of a `hold`, even given their good results,and this seems to be factored into the price , the sentiment is definately down i`m afraid.

[shaunoneill] 02/9/2004 09:13

sub 70p and i am in there i think.

[nurdin] 02/9/2004 09:10

Cash ready to snap up these if they get to that level barnetpeter!

[barnetpeter] 02/9/2004 09:04

I sold out completely when it broke through the m.a. The trend is firmly down now. I see no support now until around 68 - 70p when the 200 day ma should help.

[2magpies] 02/9/2004 09:02

shaunoneill

They went xd (on the 9th I believe.) Some people may have sold immediately prior or after, depending on whether capital or income was more important to them.

Otherwise, its just profit taking.

At these levels the huge increase in SGI profits seems not to have been taken into account at all.

To me the fall seems utterly unwarranted on fundamentals (see IC write-up a few weeks back).

[shaunoneill] 02/9/2004 08:50

I have been watching this compnay for a few the rise was great but can anybody explain the big fall from late August?

At this price they look like a good buy.

[jwe] 02/9/2004 08:38

Yes i am one of those,however a trading statement is unlikley imo as it is too early,so as you say with no news due the price is liklely to drift.Waiting and watching.

[ukhawk] 01/9/2004 22:41

Basically because there's not any obvious news before the finals in february the MM's are moving it down on low volume. There's always the possibility of a trading statement, or director purchase, which would move it quickly back up again though. Certainly there's a lot of people waiting to get back in.

[singing the blues] 01/9/2004 19:44

Anybody got an idea why this is heading south fast?

[clocktower] 26/8/2004 12:48

Maybe directors unloading some of the options or reducing holdings in general.

[orange1] 26/8/2004 12:19

Maybe the minuets were not to everybody's taste.

[gregory0106] 26/8/2004 12:01

3p drop in a few minuets - whats happening??

[gregory0106] 23/8/2004 13:06

If they bring in someone with a background in investments (IFA) this could be start of them gearing up to tap into investment markets

[ukhawk] 23/8/2004 13:01

Be more interesting to see who he's replaced by.

[xdavid] 23/8/2004 12:57

Before anyone asks...

Stephen Feigen, aged 56, Non-executive director.
He was paid £7,000 total 'fees' in 2003. He holds 25,000 shares.

As well as being the Chairman of their Remuneration Committee, he is the managing director of Abacus Software Ltd and presumably has been advising on the online publishing aspect of things as well. I can't think that this resignation really 'means' anything in regard to their ongoing web development process. Russell Carleton, a director of Stanley Gibbons Ltd (as against Stanley Gibbons Group Ltd) is their Director of IT and Web Development.

[xdavid] 22/8/2004 00:41

"A further development on the horizon is the change from 2006 that will allow pension funds to invest in stamps, subject to Inland Revenue agreement, as an asset with potential for growth."



2 Page article (click link at bottom of first page).

[orange1] 19/8/2004 09:06

Well I think it was smart to say that they would get out as soon as the lock-in period ended - and then do it!

[ukhawk] 19/8/2004 09:02

Orange, not sure if they were smart or just lucky ! They sold up as soon as the lock-in period finished, just as they said they would.

[orange1] 18/8/2004 21:18

An hour after I posted the above the price spiked up some one and a half bucks following the release of fourth quarter results. Still smart of SG to get out when they did I reckon.

[orange1] 18/8/2004 19:57

Incidentally a canny bit of business by SG earlier this summer when they flogged off their holding in Provide Commerce at a time when the price was $20 or so. Tonight the price is $14.50 and the trend appears to be down.

[xdavid] 18/8/2004 12:06

LOL. I got woken up by the sound of something falling... Noise does that :-)

Kind of expected I guess but I think the MMs decided they would just get it over with in one day... Little substantive volume, IMO.
Nice 50K purchase at end of day yesterday. It will be interesting to see if any of the known fund managers increase their holdings at this level.

OK, back to my summer nap... hopefully to be woken by the 'ding' of an RNS at sometime...

[ukhawk] 18/8/2004 11:04

xdavid, good to see you have a computer in your cave !

Gregory, have another look at the chairman's statement in the interims and draw your own conclusions. IMO it's likely they'll have to put out a trading statement before the finals if the current progress continues.

[xdavid] 18/8/2004 10:34

Unless they put out an RNS statement, probably March for Dec 2004 Results.

[gregory0106] 18/8/2004 09:50

When are the next figures due out - have we long to wait before we know if hey are beating expectations?