Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Looks to me like at last we may have gotten to the bottom of the recent drift in this stock. It's well oversold, especially if the company is moving into the black next year.
Looks like it will be time to stock up next week onwards before it goes back over 3p again.....
Calling the bottom, well SGI is a bum share, so we can agree on that.
No buyers again today, just sellers.
They'll come one day. Clearly you are interested enough to keep on coming back to this site. I suspect others, who may not be so vocal, are equally keeping an eye on things.
Currently 399 Strand is closed for the Xmas break, re-opening on 4th January. In the meantime, you might want to have a look at SG's sale now on, there are a range of excellent items, all with 20% off. This is the sort of material you cannot get on ebay, I am sure they will shift a lot of it.
I thoroughly expect internet trading to increase for SG as the year progresses and the coin auctions etc start materialising.
They'll come one day. Clearly you are interested enough to keep on coming back to this site. I suspect others, who may not be so vocal, are equally keeping an eye on things.
Currently 399 Strand is closed for the Xmas break, re-opening on 4th January. In the meantime, you might want to have a look at SG's sale now on, there are a range of excellent items, all with 20% off. This is the sort of material you cannot get on ebay, I am sure they will shift a lot of it.
I thoroughly expect internet trading to increase for SG as the year progresses and the coin auctions etc start materialising.
"In the meantime, you might want to have a look at SG's sale now on, there are a range of excellent items, all with 20% off. This is the sort of material you cannot get on ebay, I am sure they will shift a lot of it."
SG not normally known for discounting...won't this impact the bottom line, or maybe an effort to get that paper profit the CEO suggested.
''Looks to me like at last we may have gotten to the bottom of the recent drift in this stock.''
You have been saying this all the way down from a quid as I recall?
0 buyers, not even our bull willing jump in.
If we've reached the bottom why no buyers?
You would think our bull would be jumping in with both galoshes. Must be the worst signal in the world, a bull that's not willing to average down a deeply loss making position.
One small slip and it's into the deep dark abyss.
The bottom of the ocean is a very dark lonely place, so lonely you'll never spot a buyer. Don't get pulled down by the vortex of someone else losses.
Best avoided.
Yep. And the sold value is: £80.43… or 44p- I don’t know which one is correct but I don’t suppose it matters much. Happy New Year.
“ In the meantime, you might want to have a look at SG's sale now on, there are a range of excellent items, all with 20% off.”
SG are only good for a select few items, I had to warn a fellow new collector the other day NOT to purchase common ‘schoolboy’/‘beginner’ stamps from them since they sell their stock at their own catalogue value.
I was genuinely shocked at how they as a dealer could be happy selling a set of modern 1970s stamps for £50 when the market rate elsewhere and on eBay is £5 (10% of the catalogue value is the standard going rate for stamps) - I feel sorry for any collector who has overpaid from them thinking that their catalogue value is true value,
It’s best to stick to eBay, Delcampe, Hipstamp and auction houses for stamp purchases unless you are in the market for stamps that seldom come up on the market of which SG might have one or two.
I think this share is going to be one of the stars of 2022 and am expecting the shares to be a top performer this year
"I think this share is going to be one of the stars of 2022 and am expecting the shares to be a top performer this year"
Don't be daft!
"Don't be daft!"
"I think this share is going to be one of the stars of 2022 and am expecting the shares to be a top performer this year"
In an attempt to find a consensus:
"I think Pearls is going to be one of the stars of 2022 and am expecting the daft(ness) to be top performing this year"
- never say I don't try.
Happy New Year!
As far as SGI, check again in 2023......see if it's alive and kicking. ;)
Happy New Year everyone.
Just from a mathematical position, I am likely to be correct: after all, the shares have started the year at a mid price of 2.45p so if for example they end the year at say a mid price of 3p, then that would constitute a 0.55p rise = 22% increase. Frankly I am expecting far better performance that that this year, but at least this should give some of you an inkling of what I am talking about. I just cannot see them falling lower than this by the end of 2022 - after all - at some stage during the year we are expecting to hear that the company has moved into the black!
Devon, try and catch up please.
"Don't be daft!"
LOL
Lovely rally ...everywhere else.....SGI..sellers in control again.
We'll have our day in due course, in fact quite a few of them as I thoroughly expect a sharp rise in the shares this year.
the funny thing is that all those negative commentators on here never seem to have a word to say when the price is rising.
"We'll have our day in due course"
Yep, that's why I said check back in 2023 "check again in 2023......see if it's alive and kicking. ;)"
Pearls, please and try and keep up.
You do seem to be taking my attempt at a consensus on board. Good start to your star year of daftness. LOL
Flagged up today on my scanner, another leg down over the next few days? Wouldn't be surprised. It's flagging it up for me suggesting that. It's not clear cut, but if we get a few days of it showing, then I'd be more confident about calling the down leg closer to 2p.
Good luck all holders. I think you will need it. The publications side still produce excellent products, but the auction side is crashing fast. Last sale saw over described lots, lots that had bids accepted but weren’t available, the latest online auction is poor, user interface on the online catalogue is exasperating. In short, auction side is poor.
Retail is similarly shaky there is a 20% discount on some lovely items. That implies that the market is not willing to pay full price and therefore the value of the stock (ie the stamps) is exaggerated. Easiest thing in the world to hike up catalogue prices, thereby increasing the value of your assets, much harder to shift those items at full valuation as SG are finding out. .if shorting wasn’t immoral I would be shorting this.
The sales of the BG stamp have slackened off considerably. They will have to pump much more into advertising too sell those fractions. The problem I have with the whole concept is that once a unique item gets fractionized (is that a word?) its no longer unique in my eyes, as thousands of people own a piece. It demeans the whole thing.
I know SG have an interest free loan on this stamp and may eventually make a profit on it in many years time, but huge amounts of capital and resources are being spent on the whole enterprise to the exclusion of other areas of the business.
Carp, the cost of advertising / capital / resources on the 1c fraction shouldn't worry you - it is all ringfenced from SG and is bourne entirely by Showpiece, as per previous RNSs. Presumably that is why Shircore sees the company as moving into the black later on this year.
Bearishlybullish, you should fact check your comments.
Yes, the publications dept makes excellent products and the catalogues are leading catalogues in their fields. But there's only two current catalogues, I'd hardly call that excellent production. All the foreign catalogues are out of date, some severely so. Just look for example at the South and Central American catalogues - these last came out in 2001. The last Central Asia catalogue was in 2006, the last Russian catalogue was in 2014 etc. There's a big market out there for English speaking catalogues of foreign countries, but at the moment SG is not meeting the challenge, yet this could be a very large revenue earner.
I can't agree with you on the auctions - these seem to be continual sell outs, I know as I participate in them and their Indian auction results for example, were outstanding, and mentioned both in the monthly magazine and in updates from the Company. If anything, they do not hold enough auctions, with enough items, but again I believe that side is slowly being beefed up.
As regards the recent sale, well they always hold a sale around the same time each year - again what is surprising about that? It tends to be a good idea as the store itself is closed from Christmas Eve until 4th January so this creates sales even when 399 Strand is closed. I think you'll find the results of the sale were decent and were probably a further boost to the internet side of the business.
Pearls,
I bought from the sale before Christmas. 2 of the lots were over described, with faults not being mentioned. They then held a second chance auction for unsolds. One of which I bought and paid for. When I contacted them to enquire about delivery, I was told that the item wasn't available and could not be sold to me. They have refunded me, but the fact remains that the experience is not what we expect from the self proclaimed godfathers of philately.
SG would do well to look at how Spink operate their auctions. Brilliant app, great reliable descriptions, videos of larger lots posted in a timely manner etc etc. I wont be spending my 6K per sale with SG until they improve. Grosvenor and Spink will be getting my business.
2nd day SGI has appeared in my top loser. That's a bad omen, if that happens again then the quoted price usually follows it down. It's not science, but just a pattern I've seen most of the last 12 months.
Bearishlybullish, shaky is a understatement, all collectors know that the catalogue value is over priced and the fact that Stanley gibbons are continually pushing to sell material at catalogue value is worrying, when all the other dealers cottoned on years ago that if you actually let the market decide the price stock flies out the door
As I said the other day on here “SG are only good for a select few items, I had to warn a fellow new collector the other day NOT to purchase common ‘schoolboy’/‘beginner’ stamps from them since they sell their stock at their own catalogue value.
I was genuinely shocked at how they as a dealer could be happy selling a set of modern 1970s stamps for £50 when the market rate elsewhere and on eBay is £5 (10% of the catalogue value is the standard going rate for stamps) - I feel sorry for any collector who has overpaid from them thinking that their catalogue value is true value,
It’s best to stick to eBay, Delcampe, Hipstamp and auction houses for stamp purchases unless you are in the market for stamps that seldom come up on the market of which SG might have one or two.”
Increasing the catalogue value won’t push up the value of your stamps, only the perceived insurance value..
It’s all well and good saying an stamp currently valued in a catalogue at £100 is now valued at £150, if the market doesn’t want to pay that much they won’t. Isn’t that exactly what happened when SG bought the magenta, paid £6.1m and decided out of nowhere it was worth £8m and now they can’t shift shares of it… oops
Bearish, I cannot agree with your experience, in fact I’m surprised by your comments. I have bought regularly from S.G. over the last year for example from various of their auctions. Each time they have sent through the won lots. Their packing / packaging has been superb, if anything, they tend to overpack items.