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Stanley Gibbons – well ahead on this tip far more to come

Tom Winnifrith
Sunday 29 June 2014

I tipped Stanley Gibbons (SGI) at 225p back in November 2012 on my Nifty Fifty Website. We have picked up a 3% yield along the way and the shares closed Friday at 290p. So not a bad share tip so far. But there is a long way to go. The stock is still a buy.

The stamp firm posted its results for the 15 months to March 31 2014 on Friday. I never really understand why a company changes its year end. It confuses fools like me and just pisses me off. With a spate of acquisitions and integration costs in the period (notably relating to coins business Noble) I suppose it is current and 2016 numbers that really matter.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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