UK 19:19 Tuesday, 3 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Stanley Gibbons (SGI) “is pleased to announce the sale of a major part of its Interiors division and to provide an update on its current trading and the restructuring”…
Stanley Gibbons (SGI) has announced it “has sold one of the rarest pieces of Indian Philately to a private collector-investor in Australia for £500,000, the highest price ever paid for a single Indian philatelic item”.
This is one of our worst share tips and also one of my (TW) worst investments of recent years. Collectibles group Stanley Gibbons (SGI) has announced further dire results - this time for the six months ended 30th September 2016 - though “is optimistic that the trading of the group is now beginning to reflect the giant strides made through the restructuring plan in a year of substantial transition” (including a completely new board of directors).
Only posters on the LSE Asylum get it right 100% of the time. That is why they are all millionaires but are so generous that they still share their wisdom with the rest of us. Steve & I don't always get it right. Since we launched the Nifty Fifty website almost four years ago our second worst tip has been Stanley Gibbons (SGI). Overall we are still c20% per tip up with an average holding period of less than a year. But this one has not helped our average.
In a detailed update there is good news and bad from Stanley Gibbons (SGI). Let's start with the good news as it has been rare in coming from this company of late.
Stanley Gibbons (SGI) “is pleased to announce that it now proposes to raise £13.0 million (£12.3 million net of expenses)”. It shouldn’t be.
Shares in Stanley Gibbons (SGI) fell sharply on Friday to just 22.5p on the back of an announcement that the company “is very close to concluding the terms of an equity fundraising of approximately £13 million by the issue of new ordinary shares at a price of 10p”. Aaagh. We have called this terribly. Only BB Morons always get it right we have got this wrong and can only apologise. Are we selling? Where next for the shares?
We start with an apology - this has been an awful share tip. If only we were Wildes or Bulletin Board Morons and got every tip 100% right. But we are human. So apologise. Stanley Gibbons (SGI) has announced that it “now believes that for the year to 31 March 2016 the group will report an adjusted loss before tax of between £1 million and £2 million”, that it“is in the process of raising approximately £10 million of new equity” and the appointments of a new nominated adviser & broker (finnCap) and new auditor (BDO). Hmmm.
About ten days ago, Stanley Gibbons (SGI) announced (piss poor) results for the six months ended 30th September 2015 and stated that “the board expects that the group will deliver materially higher revenue and profit in the second half of the financial year than in the first half, partially assisted by this year's auction calendar being more heavily weighted towards the second half”. So I've bought some shares for FIML at 99p.
