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!
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!