Stanley Gibbons Share Discussion Threads

[briggs1209] 13/4/2005 23:10

Yep, no real surprises and the stamp fund seems to be moviing along nicely.

It will be interesting to see from whom they try to pick up the 15 % for the buyback.

[getscenic] 13/4/2005 22:50

judging by the lack of posting, you have come to the same conclusion about the AGM statement.

not much we don't already know, and don't expect a flying start to the year.

[getscenic] 13/4/2005 18:01

RNS Number:0070L
Stanley Gibbons Group Limited
13 April 2005


THE STANLEY GIBBONS GROUP LIMITED

"the Company"

AGM TRADING STATEMENT

All the resolutions proposed at the Annual General Meeting of the Company held
in Jersey this morning were duly passed including the Special Resolution
authorising the Company to buy up to 15% of its issued share capital in the
market for cancellation. Commenting on current trading, the Chairman issued the
following statement:

"Although the first quarter is not a key trading period of the Company, trading
was materially in line with the same period last year. The prior period included
some exceptionally large sales of investment portfolios and philatelic sales to
top customers which are absent from the first quarter's performance this year.
The timing of such high value sales is always indeterminate. We are confident
that with the increasing size of our customer database and current order book we
will continue to achieve sustainable growth in turnover and profitability during
2005.

Following our year end trading announcement where we referred to our plans to
set up a stamp investment fund, we have received significant interest and demand
from potential investors into the fund. We are currently working with a major
international bank, undertaking the detailed legal process required, with a view
to having the fund in place by the end of June 2005. Our intention is to set up
a fund with a value of #25m within three years. We believe that the creation of
the stamp investment fund will have a major impact on the Company's ongoing
turnover and profitability generated from management and performance fees
together with utilising our expertise in buying and selling top quality classic
rarities.
Our investment department is continuing to achieve strong sales and we are
currently strengthening the resource in this area to enable us to fully service
this growing market. The SG100 Stamp Price Index has increased by 5% in the
first quarter of the year, demonstrating the continuing strong market conditions
in philately.

We will not be renewing the lease at our premises in Nailsea at the beginning of
June and we are currently relocating activities conducted there to our existing
premises in Ringwood, Hampshire. The relocation will improve the integration of
electronic publishing development work with the editorial department and will
provide further cost savings going forward.

Our internet sites are still receiving in excess of 20 million hits on a monthly
basis. The recruitment of new customers and sales through our internet sites
continue to represent a key growth area, as we evolve from a trader to a trading
provider and gain a greater percentage of the global sales and activities of
collectors, dealers, auctions houses and others related to the stamp market."

The Company's Final Dividend will be paid to shareholders on Tuesday 19 April
2005 and its Interim Results announced on Friday 29 July 2005.

For further information, contact:

The Stanley Gibbons Group Limited

Paul Fraser, Chairman 020 7836 8444

Michael Hall, Chief Executive 01425 472363

Seymour Pierce Limited

Louise Carpenter ) 020 7107 8000

Jonathan

[rrr] 13/4/2005 14:43

Anyone go to the AGM?

[getscenic] 13/4/2005 09:58

o f t money,
thanks for that, not in competition with nurdin, just felt needed updating.
keep an eye out the the agm rns later

[one for the money] 13/4/2005 09:17

Getscenic

Don'rt want to take anything away from Nurdin's thread - but I prefer the header here - more extensive graphs and news just a click away.

I'll post (a rare occurance!) here in future but keep an eye on both threads until one 'dies'.

Cheers
john

[kael] 12/4/2005 21:04

Nice one, about time there was a spring clean!

[getscenic] 12/4/2005 20:47

good evening all,
I have just added a new thread for charts and news etc.
I have not set up to take you guys away from Nurdins thread.
all eyes on the AGM

[getscenic] 12/4/2005 20:33

stanley gibbons has over the last few years has developed a range of alternative investments which in themselves offer high growth over the mid to long term.
This investment arm together with a solid and increasing hobby base will ensure the longterm shareholder will be rewarded.

[getscenic] 12/4/2005 20:23

Mission Statement
"To build the Number 1 online stamp community in the world, covering all aspects of stamp collecting."

We now have the structure in place with seven Internet sites, which we believe cover every aspect of stamp collecting. We are best known globally as a publisher and for our unique stamp numbering system, which is the industry standard and used by all the major players in the market. We are continuing with our strategy of providing dynamic pricing and editorial content which forms the backbone of stamp reference for every collector.

There are an estimated 30 million collectors worldwide who all need to make use of this information whether it be annually or on a daily basis. The combined 'hits' we are already receiving is in excess of 8 million a month.

We believe we will make best use of our brand by becoming the core service provider to the world stamp market. We will produce revenue through the sale of advertising, commissions, subscriptions, sponsorships and partnerships.

It is our intention to evolve from a trader to a trading provider, which will reduce the labour intensity, stockholding and inherent risk to the long-term success of the Group. This will allow us to take a significant share of a larger potential market with a consistent growth potential. Our archive of intellectual property, brand and competitive advantage will naturally attract the stamp collector from all corners of the world.

Our online catalogue covering all the stamp issues of the world from 1840 to the present day, will link to individual's collections online for instant valuations on a daily basis. The hyperlinks from every stamp connecting to dealers will improve the market's liquidity and encourage increased interest and trading volumes.

Stamps at Auction.com will lead the way as a dedicated auction site for stamps and help to feed current prices achieved into our online price guide, giving a more immediate indication of actual market prices.

Stanley Gibbons has less than 1% of the world market, with over 80% of our income coming from the UK. It is our intention to reverse this trend over the forthcoming years and recruit new customers and income in a very cost-effective way.

We have put considerable investment into our infrastructure over the last eighteen months and will continue to streamline the business, discontinuing loss-making or marginal activity, and through promoting our strengths and core competencies, we will emerge as the natural magnet for the stamp collector.

This is a brand which has been built up over nearly 150 years, which is now finally able to unlock that value to the benefit of all stakeholders.


y


click on march 2006 for powerpoint presentation

[addas99] 12/4/2005 17:11

Surprised to see a 25K T sell on the eve of the AGM.... poor timing, insider info or unaware of tomorrows event?
PF reported, on 4/3, excellent business continuing into this current half so cannot imagine tomorrows comment on current trading being less than healthy.
At last years AGM it was reported that a 20% increase in sales over the last corresponding quarters sales had been seen, will be interesting to see if this percentage momentum continues.

[gregory0106] 12/4/2005 09:07

I think its the AGM tomorrow - perhaps some good news then with price rise?

[orange1] 12/4/2005 08:18

up by the looks of it!

[gregory0106] 12/4/2005 07:58

Seems quiet in here - where is the price going over next few days??

[kael] 05/4/2005 16:19

They actually do balloo (heehee). Trading update at AGM. RE:last year and year before

[balloo] 05/4/2005 16:04

When's the AGM and why are people suggesting an increase in share price that day? Trading update expected? That would be unnusual as SG don't tend to do this.

[orange1] 05/4/2005 07:46

Will SGI be a beneficiary of the cancellation of Charlie and Cammy's wedding on the basis that there will now be a thriving market in commemorative stamps and coins bearing the date Friday 8 April 2005?

[one for the money] 31/3/2005 16:24

Reasonable support at 96/97 by the look of it.

Cheers
1-4

[gregory0106] 31/3/2005 12:50

Look at the bounce back today - back up to 100p to buy 97 sell.

[tipodochus] 30/3/2005 17:21

I checked with SGI company secretary and they know no reason for the fall, so conspiracy it is.

Probably a good opportunity to top up before the statement at the AGM but I will wait a day or 2 before deciding that.

Tipo

[tom.muir] 30/3/2005 17:04

No -it went XD 18 March.
I love the conspiracy theory. I have suspected for some time now that they are out to get me. Oops - Matron says its time for my nice pink medicine.

Tom aka Napoleon

[pylewell] 30/3/2005 16:47

Does not the stock going Ex Dividend have something to do with price fall?

[tipodochus] 30/3/2005 14:45

Not so sure, this is the second day this has happened, yesterday another holding HILS lost 7%+........I smell a conspiracy!

Tipo

[addas99] 30/3/2005 14:04

Gregory, spot on. Investors have to trade, need to trade in order to crystallize gains and losses prior to 5/4...time is running out. MMs traditionally can make vast gains right now, which is why we're seeing disproportionate falls across all sectors despite no negative news with most stocks. Come the new FY the MMs then get a second bite of the cherry. B......s!

[gregory0106] 30/3/2005 13:01

Price often seems to bomb like this ahead of a similarly fast rise. I think the mm's just get short term holders to panic sell so they can pick up cheap stock ready to sell back into the rising market.

As far as I know, nothing has changed re SGI - there should still be +ive news update at AGM in two weeks after which I would not be surprised to see price above 110 again.