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STANLEY GIBBONS - WORTH WATCHING (SGI)     

drum - 23 Jul 2004 17:17

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

Clocktower - 28 May 2016 16:49 - 58 of 64

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

hangon - 12 Dec 2016 15:55 - 59 of 64

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...?

Claret Dragon - 13 Dec 2016 12:56 - 60 of 64

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

HARRYCAT - 09 Jun 2017 10:08 - 61 of 64

Chart.aspx?Provider=EODIntra&Code=SGI&Si


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.

HARRYCAT - 02 Oct 2017 11:55 - 62 of 64

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

hangon - 29 Dec 2017 16:14 - 63 of 64

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!

- 30 Jan 2018 16:51 - 64 of 64

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