Stanley Gibbons Share Discussion Threads

[kael] 03/2/2005 15:08

Fair value? Assume the last research note is spot on for a sec, we are then on a foward PE of 13! Fundamentally SGI is sound as a pound (pun intended!)

Online limit again down to 2500!

[addas99] 03/2/2005 15:07

A small trickle up, or the start of a pre-results surge we've been waiting for?

[gregory0106] 03/2/2005 15:07

Followed by offer up 2p to 95p - when it moves, it moves

[gregory0106] 03/2/2005 15:06

Now bid just jumped 2p :)))

[gregory0106] 03/2/2005 15:04

Offer price just up another 1p - slowly but surely we are getting there.

[gregory0106] 03/2/2005 09:53

Offer price edging up now.

[don carter] 01/2/2005 11:10

Added trading chunks in two accounts today. Hoping for 106p in short run and maybe more after results. Like Kael, I'm betting they'll beat eps 5.3. last year they took off on Feb.2nd....Fingers crossed!

[belfastlass] 01/2/2005 09:10

Note that the share price peaked early March last year.

Perhaps thats the point where, if it is going to be attained at all, £1-20 might indeed be achievable.

[irenekent] 01/2/2005 07:17

I think with rare stamps as with quality antiques and art 'provinance' counts for quite a lot. The fact that a stamp has been sold by Gibbons vouches for its quality and integrity. They rely on the resale trade to keep the market turning over and certainly if they are going to take part in an investment market, they will need to shave the spread to encourage trading by investors.

[pylewell] 31/1/2005 23:39

Noticed a few small sells today, no doubt a few investors getting nervous about a retailers decline. I think we should remember that SGI is fast moving into selling rare high value stamps to investors. Also selling to those with SIPPS for next year. One wonders what proportion of their trade these activities will be. I dont think we need worry too much about a small retail downturn.

[biscuit2] 31/1/2005 20:16

My own opinion is that the share price will rise to approx £1.10 before results, with any tips/media coverage possibly £1.20. Just my opinion based on P/E and estimated EPS.

[hectorp] 31/1/2005 18:48

you might get them around 2p cheaper , buyers, but that would be your last chance IMO.

[hectorp] 31/1/2005 18:46

Look at the history of share activity, and we can see that there is a period of inaction and small fall back after a good rise, we will see the next rise in the next 2 weeks, more if it is a T10 period, I think not yet?
H.

[belfastlass] 31/1/2005 15:58

Kael: thanks for that.

[kael] 31/1/2005 15:33

my previous post should read 2- 2.5 times 1st half earnings btw :/

Well, if results come in as expected, the share price will be over £1

5.6p EPS will give us £1 on a PE of 18

[belfastlass] 31/1/2005 15:25

Folks: I take it next month ie Feb, we are looking at a share price improvement..or not? Near the ceiling...anyone thoughts on share price in 4 weeks, please?:)

[kael] 31/1/2005 15:24

5.3p will be beaten imo - The stamp market is seasonal in the uk with the 2nd half generating around 3 - 3.5 times more EPS than the 1st half.

[biscuit2] 31/1/2005 14:06

Yes, if you look at the break down for the previous financial year between interims and finals I think it works out that if the ratio of half-year results to finals is repeated in these finals then they should beat the 5.3p earnings estimate. Just my opinion.

[wilco99] 31/1/2005 14:04

Does everyone think that Stanley Gibbons will make estimates for the full year of 5.3p considering they only made 1.75p in the interims?

[wilco99] 31/1/2005 14:03

Does everyone think that Stanley Gibbons will make estimates for the full year of 5.3p considering they only made 1.75p in the interims?

[getscenic] 29/1/2005 21:55

This site maybe of interest to anyone who is in to music from 50's to present.
They have moved very much into the collectors market recently, and have a large amount on signed material.

I think records,and cd's will become very collectable in the future as downloads become the norm. (at least for our kids)
The company is esprit international or eil.com.
see what you think, would make a lovely fit in sgi, very good site that remembers your favorites, and the staff are very proactive and sales lead.
don't think you can put signed cd's in a sipp though!
ct

[topsy turvy] 29/1/2005 20:03

Another point about SG is that it tends to charge something of a premium for its stamps compared to many other lesser-known dealers, simply because it can more easily get away with it as a result of its dominant position. I came across an article in the press a week or two ago (may have been the FT, but cannot remember for certain) touching on this fact.

The weekend editions of the press frequently have a column concerned with alternative investments of one kind or another. The worst kind of collectible investments of all are those of the Franklin Mint variety, where a spurious rarity value is given to something produced in very large numbers, but made out to be superior, just to tempt the gullible public. Special issues of stamps are comparable to this.

Sorry about your Lowrys Tinker, but I hope your daughter enjoys them. How long before she replaces them with pictures of her bare-chested pop idols? I agree with your point about the potential for increasing the number of investors however.

Hectorp, perhaps you should display some of your pictures on this bulletin board, make a few extra sales and invest in some more SG shares!

On the subject of the company expanding its interests, I remember some years ago they ran a rare book department for a few years, but eventually pulled the plug on that side of the operation. I don't know the reason why they pulled out, although I know the guy who ran it, so will try to remember to ask him next time I see him. There was no internet in those days, so the market was completely different of course. Specialist websites have tended to make things more competitive, as it is so much easier to compare like with like now, though on the other hand it enabled firms to deal with a much larger market. The key to SG's future success will be not only to attract new customers, but to keep them once they have become more savvy.

Topsy