Stanley Gibbons has risen 300% this year and 30% in 6 weeks. Several institutions appear interested in building up a stockholdind. GET ON BOARD!

They trade lots of other items, such as autographs, memorabilia etc but surely collectibles are only worth what someone else is prepared to pay? Catalogue prices are only a guide. Much like fine wines, imo, which are traded for their rarity value rather than for drinking.

fine wines are much easier to track for all sorts of good reasons - eg there are plenty of fine wine auctions so current prices can easily be followed

personally, i buy even fine wines for drinking and though some of mine are worth a few bob, i'ld rather drink them with friends (if i can find any) than sell them


diamonds
there is a weekly list issued which values stones by all the usual - carat, cut, clarity and colour - so easily and accurately valued

StockMarketWire.com
Stanley Gibbons has posted an H1 pretax profit of GBP0.4m, from a year-ago profit of GBP3.7m. There would be no interim dividend. Sales totalled GBP27.0m, from GBP27.1m.

The outfit's like-for-like sales, excluding the Mallett acquisition, were GBP21.6m, down 21% on the year.

Chairman Martin Bralsford commented:
"As indicated in our latest update of 6 October 2015, the trading performance of the Group in the past twelve month period has failed to achieve what were, in retrospect, premature and over-optimistic expectations from the investments of the past two years.

"The year has been a period of transition for the Stanley Gibbons Group from a business based on philately to a broader based collectibles group with significant on-line distribution potential.

"Since early September, Senior Management has been focused on putting in place the right organisation structure and team to execute strategy in accordance with the Board's expectations.

"Your Board believes significant progress has been made. The integration of acquisitions and management change has clearly represented a distraction to short term sales initiatives, particularly from our sizeable philatelic inventory, contributing to the sharp decline in trading performance."

A lot of sales for minimal profit!!!!!!

StockMarketWire.com
Stanley Gibbons note the recent move in its share price and said it was considering a number of fundraising alternatives to reinforce the working capital position prior to the year ended 31 March 2016.

"However, whilst an equity fundraising is one option potentially available to the Board, the discount to the Group's net asset value at which any such fundraising would likely be priced could make it a relatively unattractive route to alternatives under consideration," it said.

"The Directors will update the market on the progress of these considerations in due course."

Profit warning .

That's 2 profit warnings will there be another.

StockMarketWire.com
Stanley Gibbons Group said, further to its March 4 announcement, it is very close to concluding the terms of an equity fundraising of about GBP13m via the issue of new shares at 10p each.

A further announcement would be made in due course, it said.

If your not a buyer of this stock then it maybe worth your while putting it on your watch list,as the new Chairman brings fresh hope to this battered stock. DYOR

SGI directors subscribed for the new (10p) dilutative shares which were introduced 1 April 2016.... yet under Dir-deals I see nothing recent posted.
It's also a mystery ( to me) why this business has gone from £2 (say) to 10p in a few years; - whilst presumably indulging in a tax-free environment in Jersey.

I note ( RNS) that their new RegOffice is still in Jersey - and that is One Red-Flag, for me.

Reading RNS I get the impression [SGI] offered rather good G'teed returns; based on their past experiences - but even they couldn't have seen BREXIT -or any other World-events . . . . so their promised returns were eating cash...is that it?
-Yet [SGI] fall-from-grace was fact by the time BREXIT occurred..... eh?

Earlier (LT) shareholders must be mighty-miffed by this investment . . . Or have I missed a massive shareholder-payback by way of a "Thank-you". . .?
EDIT(13Dec2016) - CD -Thanks so, that's two of us mystified, then...?
EDIT(7March2017)- sp 9p must say the Mkt isn't as impressed with "Collectables" than the Management who are being paid to add value...ie to maintain the ship-of-state on a profitable course while seeking additional goodies. That they've neglected their investors says now they don't care ( or were careless?), but you do get a lot of shares at this level . . . . Anyone holding from £2+regions, I wonder...?

I have mulled over this one too! Held off as I am not sure its finished as a going concern.

Statement re. Possible Offer
The Stanley Gibbons Group plc notes the recent share price movement and confirms that it has received an unsolicited approach from Disruptive Capital ("Disruptive") regarding a possible offer by Disruptive for Stanley Gibbons.

At this stage, there can be no certainty that any offer will be made nor as to the terms on which any such offer might be made. A further announcement will be made as appropriate.

StockMarketWire.com
Losses at stamp and coin auctioneer Stanley Gibbons have deepened after the company wrote down the value of its assets.

Stanley Gibbons posted a loss before tax of £30.2m, compared to a £27.0m loss in the previous corresponding period.

A 48% fall in net asset value resulted from a combination of one-off restructuring costs, continued difficult trading conditions and the ongoing legacy of the group's investment contracts, the company said.

Stanley Gibbons didn't declare a final dividend.

It also said its strategic review process had garnered several proposals from outside parties.

Proposals providing a more favorable outcome will more likely involve asset sales or a strategic investment in the company, rather than an outright acquisition of the entire company, Stanley Gibbons said.

"In the opinion of the board, the formal sale process has facilitated a significant level of interest in the future development of the core stamp and coin dealing activities, which would allow a return to a more normalised trading environment, unfettered by the obvious cash constraints apparent over the last two years," the company said

It's pretty dire, with US-litigation, no dividend and sp that drives itself closer to zippo, despite having a World-class Brand... perhaps this will be one where the Branding is worth more than the brand.
Currently just above 3p5 it's a long way from £2 = not so very long ago...

Bank-default is a major alarm, IMHO, as this usually spells DfE, or plain closure.... maybe the saving grace is their Brand . . . but I doubt any new investors will see anything . . . such a shame, & you can't even get a copy of their Reports, hidden away in Jersey ( Phone charges! ). Huh.
EDIT(7June2018)- sp 4p2....New Exec. but idea what he's done prior... is he there to asset-strip for the Creditors, perhaps.... it's most unusual not to give a new appointee considerable praise and a brief-resume. . . . . You have been warned!

Not looking so hot there Stanley lol. Let's take a small punt on you getting better, just a small one though!