Stanley Gibbons Share Discussion Threads

[abergele] 30/3/2005 12:59

We've seen this all before, but Comdirect's attitude from earlier post is puzzling........IMHO

[tom.muir] 30/3/2005 12:54

mm's playing silly beggers Tom

[tipodochus] 30/3/2005 12:31

I have no idea what this is about, low volume, no news but the price drops 8%!!! Any suggestions?

Tipo

[gregory0106] 30/3/2005 11:16

Comdirect are happy to sell me 25000 at 101.5 but dont want to buy any from me at all - is SGI buble about to burst or is this the MM's playing with us ahead of agm in two weeks time and getting themselves a few cheap shares.

[gregory0106] 30/3/2005 11:12

Whats happend? - Bid just dropped to 98p!!

[mad4it] 21/3/2005 16:55

Mr yesyes - After careful consideration of your posts I've come to the inevitable conclusion that I've forgotten more about the stockmarket than you'll ever know.

[skyship] 21/3/2005 16:37

Good trade Gregory - profit-taking produced a classic pullback to the breakline; hopefully we will now challenge that recent peak in short order....

[gregory0106] 21/3/2005 08:12

I sold some of my holding at 110 and bought them back friday at 102.5. I think that post agm we will see this trade at 120+.

[abergele] 18/3/2005 23:04

Superb chart,

You can't buy loads, as its still a semi-illiquid stock,the m/m's are in control of it.

£1, will be the bottom of the chart, and then its upwards..

[getscenic] 18/3/2005 22:40

what colour is the sky on your planet yesyes?

[mryesyes] 18/3/2005 22:37

yf23 What I have learned is that I bought communitie.com at 15p and now after almost that in dividends I have shares worth over £1 ex dividend. Charts show the past. Don't be condecending. Your dual approached is shared by most people but in terms of results if anyone cares to better my actual performance based on my own overall feeling and years of experience put up or condecend in tranquility PLEASE

[yf23_1] 18/3/2005 17:32

guess not then, bang on the main trendline now

[yf23_1] 17/3/2005 17:48

well we're still just inside the wedgie (start 114-103, now 110-105)
lets see if we stay above the lower band tomorrow

[kael] 17/3/2005 12:08

uncertain as, this stamp fund as stated could lead to exceeding expectations. So share price suggests 6.9p (or 7.1?)EPS for 2005 so on PE of 18 thats 125p -130p. But this assumes no guidance going into 2006 - need to wait for broker research to give full indication. I assume that this will be delayed until further clarificationon Stamp fund is given. So I would say wait and see, follow the institutions who have held for quite a while now, management have treated them well with increased dividends, in turn they have supported the price and gotten cheap shares at 78p!

Best LTBH out there atm.

[gregory0106] 17/3/2005 08:13

I see we went xd yesterday and still 106 bid so we do seem to have a strong support level above £1 now. So long as it stays above £1 I think I will hold and see where we are post agm.

Anyone any views where the top is within, say, the next 12 months?

[addas99] 17/3/2005 08:00

Mention in 'Shares' mag today but can't access it at present

[gregory0106] 16/3/2005 14:53

You may like to read todays view from the IC.........


Taking profits at Stanley Gibbons


Following a strong set of results Paul Fraser, the chairman of stamp and memorabilia dealer Stanley Gibbons, has sold over a million shares at 101p each. The company said the sale was to satisfy institutional demand from North American institutional investors. Two days after the shares sale was announced Morgan Stanley increased its holding in Stanley Gibbons to just over 11 per cent. Mr Fraser retains just over 9 per cent. Last year the company sold a flower delivery business in the US, generating a nice one off windfall. But more significantly for the longer term the company's retail, internet and stamp trading business has been performing well, helped in part by some high value sales. The company is now working on setting up a stamp fund with a bank. On a historic PE of just 8 it's no wonder demand for the shares is strong, but like those of many small companies they only trade in limited volumes, hence Mr Fraser's sale.

[skyship] 16/3/2005 14:15

yf23 is TOTALLY correct - combining both Fundamantals AND Technical Analysis is the best way to proceed. Chart looks excellent; and with the key level of £1 having been broken, then, as long as it holds as support, this stock is headed much higher over the next few months.

[ll] 16/3/2005 11:15

About time to get out now i think and wait till it drops way below 1.00 level

[mad4it] 16/3/2005 08:40

yf is correct. Even though SGI has a lumpy chart due to it's illiquid nature, take a look at the obvious buy signal on the chart in November which tempted me and others to buy. The share price rose 20% intraday. It was easy money from a technical buy signal.

[yf23_1] 16/3/2005 08:18

I do both actually, so pay attention, you might learn something.

[mryesyes] 15/3/2005 17:57

I wouldn't employ this chart logic at sea, which unfortunately is where it will leave you. Put your chart back in your satchel and judge it on fundamentals, its a buy

[yf23_1] 15/3/2005 16:59

candle chart is very interesting...

upper shadows indictate a top at 115/116, however there appears to be a wedge/triangular buildup looking like a flag which I have noticed usually leads to another rapid rise on wedge breakout.

[kael] 15/3/2005 12:45

Looks like all the old timers sold out! Shame really, considering we're really going north now!