Stanley Gibbons Share Discussion Threads

[andrewhbruce] 09/3/2005 16:18

if radio 2 are giving away stamp collections then sgi is the place to be!!!!

[gregory0106] 09/3/2005 13:39

So, Morgan stanley now have 11% of the shares - that gives a clear vote of confidence and a good sign of more +ive news to come.

[gregory0106] 08/3/2005 15:52

Sharp rise early today (while advfn was suffering its power outage & they don't seem to show my trade??) had comdirect offering 113 as bid, I sold 25% of my stake at 110 but will hold the rest to see if more to come.

[tipodochus] 08/3/2005 13:25

Word is that Fraser has been keen to reduce his holding since he took a large stake (not his 1st choice), if institutions see it as helping liquidity then fine. This break above previous highs could be a strong move to new levels, just hope it holds for a couple of days!

Tipo

[shirishg] 08/3/2005 12:24

Post removed by ADVFN

[moneybags] 08/3/2005 12:14

Put it this way.
The shares are up 4p after he sells a million of them.

If it was a bad move then the shares would be down,not up.I hope he sells another million...!

Regards , Moneybags

[riskblue] 08/3/2005 12:06

Hectorp
yes, but to meet institutional demand. Surely this is very positive. After all if demand is strong price should rise. I guess they could have issued more shares but choose not to - another positive sign.

[hectorp] 08/3/2005 07:48

Press Comment: 'Chairman sells a million at 101p ( re yesterday's sale).
'high enough for now' IMO.

[tom.muir] 07/3/2005 17:32

Thanks Kael. Now I have another problem because I thought it was only my short-term memory that was failing. lol Tom

[gregory0106] 07/3/2005 17:21

Its closed at 100-105, surely a good sign for short / medium term.

[kael] 07/3/2005 17:13

"The Company announces that, on 5 April 2004, Paul Fraser placed 3,500,000
Ordinary 1p shares at 70p each with three institutional purchasers. This takes
Mr Fraser's shareholding to 3,226,719 shares, which represents 13.25% of the
share capital of the Company."

[tom.muir] 07/3/2005 17:09

I seem to be missing something here. It says Frasers holding is now about 9% but I thought he owned about 29%. I can't recall seeing any notices that he has disposed of a large volume in fact the only disclosure I can remember was when he cashed in some options about a year ago and sold them to keep his holding below 29.9%. Anyone got any thoughts? Tom

[daza75] 07/3/2005 16:23

To supply institutional demand dont forget!

[popgunn] 07/3/2005 16:21

Director just sold a million at 101 - that explains a third of the volume yesterday.

[elmfield] 07/3/2005 14:54

another 33000 at 105.

[skyship] 07/3/2005 10:41

If we can hold onto the psychological £1 level, then a 3month run to 125p looks a certainty on my book.

I've mentioned before a personal view that SGI will prove a tempting morsel as a "Trophy Target" for some big hitter. It is a UNIQUE business making good and rising profits; and would be a useful asset diversification for any businessman with >£100m......and there are one heck of a lot of those around now!!

Perhaps more likely though would be a deal with Abaca Capital - the owners of Spinks. Now that would surely be a marriage made in heaven....

My view remains: "Watch this space......and hold onto your stock."

[gregory0106] 07/3/2005 10:39

48000 shares just been bought at 103p, so someone sure thinks its a buy

[kael] 07/3/2005 09:27

Need more news regarding the fund and current year trend, Id say its a hold/add till we get further guidance(AGM).

[gregory0106] 07/3/2005 08:02

From UK-Analyst.com: March 4th 2005


When anyone mentions Stanley Gibbons, stamps is the first thing that comes to mind - but the company does more than that and its internet collectables business help to push the group to bumper profits. The shares jumped 2.5p to 99p. In the year to December 31st, the company posted record pre-tax profits, excluding profits on the sale of its holding in Provide Commerce, of 1.743 million pounds, a 42% rise on 2003. Adjusted earnings per share rose 41% to 5.10p. It also said that the sale of its investment in Provide Commerce during year for 10 times book value, realised a profit on sale of 1.985 million pounds. The final dividend was 1.5p a share, compared with the company 1p a share forecast. This brings the total dividend for the year to 2p. The company also has so much cash it will pay a special dividend of 8p per share and said it had repurchased more than 1.322 million shares for 1.06 million pounds on March 15th. Seymour Pierce was upbeat on the results. The broker maintained its pre-tax profits forecast for the current year at 2.5 million pounds, whilst next year it now looks for 3 million pounds. Seymour Pierce maintained its "buy" stance on the shares.

[skyship] 06/3/2005 11:42

Could it have been a share buyback?

[briggs1209] 05/3/2005 13:28

adviita,

The rise and fall in August coincided with the sale of Provide Commerce, Inc which was followed by an 8p special dividend.

With 3 million shares traded as close of day we will hear something on Monday.

[andrewhbruce] 05/3/2005 12:11

addas99

no mention that a total of 3.6m shares traded or 14.5% of the shares in issue! the 3 million at the close suggest somethings a foot ???

[hectorp] 05/3/2005 11:54

The same reason it will do it most years! People get fed up with no upward movement and slowly sell. Down goes the price ..
I suspect thesame will happen in 2005 now the results are behind us, though it MAY be from a higher price.. I'm not prepared to say what my position will be until another week or two has passed and anyone not amazed by the company's progress closes their position.
But one thing: from the reaction on results day, there was considerable silence on the BB's - this rise was the expected level of rise, so nothing new until 2006... but what a lot to expect in 2006. There is still a growth story here but like 2005 I suspect it will need patience.

[advaita] 05/3/2005 11:28

A historical question - does anyone know why the share price slumped from over 100p to around 80p last August ?