Contrariwise
30 Nov 2015
Re: TOM WINNIFRITH IMO Tom Winnifrith is very good. His research on the downside is spot on, and got me out of my speculative position in Quindell in good time. Not so sure about his buy recommendations, but he deserves a hearing.
Ripley94
26 Nov 2015
Re: TOM WINNIFRITH Not so sure he seems to have the right logic on AIM in general.He seems to only favor a few.
Ace08
25 Nov 2015
Re: TOM WINNIFRITH He tips everything don't listen.
Ripley94
25 Nov 2015
TOM WINNIFRITH One of his buy tips..
coolcharm
16 Nov 2015
Re: Any good news? Unfortunately not, more bad news in fact. Had a quick read of the interims released last week. Dividends suspended, as expected. But what is more worrying is there is no cash on its balance sheet, company is running on bank overdraft. Yes, they have inventories of £55m, but do they pay their employees and rents of their offices in New York, London, HK and Singapore with stamps and old coins (pun intended)? Investors should be concerned here. What happens should the banks decide they are a credit risk. Remember the saying, 'banks will lend you an umbrella when the weather is fair and ask back when it rains'. Look at the global economy, I see dark clouds coming from the Far East.So we know now the new website was stillborn. How about all the recent acquisition? From the results, I don't think they have contributed much. Most likely they have paid over the top to acquire them. How about the investment side of the business? How are they suppose to convince potential clients to invest in rare stamps when they can't even manage their own business? What a joke this company has turned into. Shareholders stand to lose a lot here, if not already.
Bobtheretiredbroker
16 Nov 2015
Re: Any good news? The management has concentrated too much on new acquisitions and the new website, and so taken their eyes off the main business. They have, at least,,admitted this.What is really needed here, to restore some confidence, is the recruitment of a safe pair of hands in the boardroom. Someone with a track record who the institutional shareholders can relate to. Kate Swann, ex WH Smith, for example, though I think she is now with one of the big utility groups.Somewhere deep inside SGI there is a good business, but it counts for little in share price terms at present while the City licks its wounds.The "good news" therefore would be if we hear nothing more for another three or four months!
Panofscouse
16 Nov 2015
Re: Any good news? Yes, mate. I read some fairly decent news on 23 September when the company said it would achieve market forecasts for the year ending March 2016, sending the shares up 5.5% to 162.50p the same day. Just two weeks later, unfortunately, it issued a profit warning saying it would miss forecasts for the full year. It would appear, therefore, that a fortnight is a very long time in the life of this PLC as the shares have subsequently slumped to today's 95p.
barnowl01
14 Nov 2015
Any good news? Has anyone read any good news about SGI?
gubu
04 Nov 2015
investment case? I was thinking of getting back in here as it was a great investment back in the day, though I sold too soon as usualthey haven't been making a great return on equity in the last couple of years though, it seems to have been around the 2.5% mark after tax, so maybe a little pricey for that kind of returnthey seemed to do better before they expanded in 2013, still I am sure many holders did extremely well
coolcharm
23 Oct 2015
Re: Chinese interest? Unfortunately he is leaving today, hence the corresponding drop. My most insightful analysis to date.
barnowl01
21 Oct 2015
Re: Chinese interest? Lets hope he stays for a few weeks !!
walrusty
21 Oct 2015
Chinese interest? Shares up over 11% yesterday,coinciding with Chinese State visit,coincidence or what?
gamesinvestor
16 Oct 2015
Can't believe my luck I just checked back into this board for the first time since selling on 27April.I got in at 251 and out at 268 and can't believe the drop here. I guess in hindsight I'll never risk buying into a stock again that had this warning plastered all over it :-"10-Dec-14 Sell Donal Peter James Duff 310.00p 70,000 £216,999.9910-Dec-14 Sell Michael Robert Montague Hall 310.00p 112,000 £347,199.9921-Nov-14 Sell Ian Gregory Goldbart 300.00p 122,853 £368,559.00In fact from now on in -- I'm probably going to be sceptical about buying any small cap stock (and more importantly an AIM stock) unless it's been preloaded with a hefty buy commitment from multiple directors.Games
casey5521
16 Oct 2015
Re: Future AgreedThe quiescent level of SGI is far higher than 93p, twice that maybe?I did not sell in the recent panic, much as I wanted to. For long termers, like myself, it should be a stable share, around the 200p markI am hesitating to buy any more thoughGLAKC
Clued-in
11 Oct 2015
Re: Future I'm hanging in there. Peel Hunt in their assessment I feel summed it up well. SGI Mgt were trying to do too much at once. They had just completed mergers and were reducing and streamlining mgt., also developing websites (Marketplace, etc..) and new products (funds) as well as a drop in Asian interest and liquidity. The new reduced mgt structure meant lost focus on sales and inevitably a learning curve for products new to them, eg previous mgt focused solely on stamps would now need to also deal with furniture. Return to the 300p levels may take a few years but then what is long-term investing anyway !! Sp will probably drift down a bit more but the drop is way overdone, Peel Hunt have a 12 mnth 150p target and HOLD Rec. Cost savings due to better economies of scale, many more auctions in H2, better product cross selling, improving web service, more focused mgt, etc...should mean a much higher sp in 6 mnths from the current 93p. Remember, they are still making profits albeit much lower than expected and future results will compare very favourably with their now forecast H1 !! I'll be topping up soon when I feel they've bottomed.
