Stanley Gibbons Share Discussion Threads

[daza70] 12/1/2004 19:50

prvd @ 18.24 now

[nurdin] 12/1/2004 15:17

oops..head still fuzzy from the weekend :o) edited now

[cockneyrebel] 12/1/2004 15:15

Less than two months away Nurdin - you bought one of those dodgy calculators like me? :-)

Cr

[nurdin] 12/1/2004 15:08

Results first week in March..less than 2 months away.SGI will start moving well ahead of that given the bullish trading statemet already made.I reckon 53p resistance, when it comes, will last only a short period.60-65p is what I am looking for in the run upto the results and more soon after....

[popgun] 12/1/2004 10:17

I put a simple TA picture on the FAR3 thread looking at what's happened in the last few months - - which shows next resistance at 53, perhaps.

[nurdin] 11/1/2004 16:25

I see there was a mention in the Share Magazine this week under Brokers buys list! :o)

[nurdin] 11/1/2004 16:08

Thanks Mo123..hadnt seen that but confirms my thoughts

[mo123] 11/1/2004 12:33

This post from an ADVFN competitor, which was printed last year gives a basic outline of what the company aims to achieve. Hope it's of help to those who are now taking an interest in SG's.

"Gibbons’ stamp catalogue has long been the philatalist’s bible, but the company has had a chequered history as a listed entity with two abortive mergers and a demerger from Flying Brands.

With its growing cash pile expected to double to £3.5 million in 2004, the company is rapidly gaining credibility as it meets profit forecasts and management continues to cut costs and enhance the brand.

The new websites are going great guns, providing the planned-for rise in customers and providing trading forums. Almost 4,000 new customers were acquired in the first half, helped by a resurgence of interest in the stamp market.

Gibbons is cleverly maximising returns from this renewed interest, much of which comes from disillusioned stock market investors.

The launch of the SG 100 stamp index has played a major part in boosting sales. The index, consisting of the 100 most traded stamps, has risen 31% over the past five years.

The primary target is to put Gibbons firmly back on top of the stamp market, worth $10 billion a year globally, after it lost its way a few years ago. By becoming the Google of the stamp world, chairman Paul Fraser expects lots of other benefits to flow through to the bottom line.

Buyers and sellers will automatically check information and prices of stamps in the Gibbons catalogue, either online or in book form, and then deal with other collectors. Gibbons will increasingly become an online stamp bible with buying and selling becoming less important in terms of profit.

The net sites now receive eight million hits a month compared with four million a year ago. Income from sponsorships, partnerships and advertising is growing fast. Online subscription income is also rising".

[cockneyrebel] 09/1/2004 23:25

nurdin, 36

cheers

CR

[daza70] 09/1/2004 21:46

prvd up today 4% @18.06. Nearing 10p a share value for SGI! Onwards and upwards.

[nurdin] 09/1/2004 19:07

Tried that..mail got returned :o(
Is it 30 or 36?

[cockneyrebel] 09/1/2004 19:06

nurdin - email me on my new gotadsl number please, can't get your email off my old system.

Ta

CR

[nurdin] 09/1/2004 18:41

nothing wrong with taking profits if you know where to invest your gains.SGI are just beginning to make serious money and the price could double from here on a six to eight months view.I will top up at every opportunity

[elmfield] 09/1/2004 17:11

think if you had offered me 50p a few months back i would have been well pleased!
not a bad'un this but how much higher?

[elmfield] 09/1/2004 17:06

50p is not a bad price for those who were in at 20p's.
very pleased with this one but may take some profits soon

[skyship] 09/1/2004 15:32

clocktower - thanks for that - only sold 10/- though. Great chart breakout this one; & have bt UNITE (UTG) for exactly the same - superb Reverse Head & Shoulders with 180p the breakline - first stop looks like 250p.

[clocktower] 09/1/2004 14:05

Profit takers seem to be done for now, it may hold ground at this level for a while before moving again but once established past 50p level next real stop should be about 65/70p imo. Before this I would like to see it slip so the likes of Skyship can get back in.
Not as rapid next time though.

CR..you did well on WOC.

[jwe] 09/1/2004 11:31

Just got back in to see another nice rise today,personally i will hold until we hit 60p and then review, but on any fall back to around 45p i will be looking to add.

[nurdin] 09/1/2004 11:01

Yes not a bad target.Also depends on the progress of the fast growing PRVD.These could change SGIs asset base quite radically if the stock market and nasdaq in particular keeps rising.At $30, which is not unreasoble in a years time, that holding would swell to near £4m accounting for nearly 40% of SGIs current market cap.But SGI would rise on its own growth prospects and delivering eps growth at 70% year on year

[skyship] 09/1/2004 10:52

Nurdin/CR - Sackcloth & Ashes, but being a bull from 34p & having topped up twice, well, I just couldn't resist the temptation. Still, if they come back a tad, there is now another buyer @ 46p waiting in the wings!!

[mo123] 09/1/2004 10:44

Nice to see PRVD hitting new highs.
With a div of 1p and perhaps 2p next year, I'm raising my target price to 85p on a 1 year view.

[clocktower] 09/1/2004 10:40

Well the new thread seems to have pushed this to new highs.Well done Skyship, I see you have taken a bit of profit and left a bit for someone else. Great, I would much rather see that than the quick nip in and out crew take the short term cream. If it comes back which I now expect it to do as some of them sell later today, it will be worth while adding back and skin the profits before they all do.

Skyship try my old Fav..GLD rather than BVS with the balance of profit.

[cockneyrebel] 09/1/2004 10:27

Wierd isn't it - I was thinking of adding and probably will pre-results.

Just goes to show it takes two views to make a market.

Worth calculating the value and the forward PE beefore you take profits imo.

CR

[nurdin] 09/1/2004 10:20

Traitor :o)