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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Photo-Me - Gain to dtae: 274%

April 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PHTM
  • Price:
  • 138.5p
In a flurry of good news Photo-Me announced a second special dividend (of 2p), while trading in the traditionally quiet third quarter was ahead of expectations, with profits now 20% ahead in the first nine months. This was driven by the operations division in France and Japan, as well as lower manufacturing costs and brokers have upgraded forecasts. The group also confirmed that the transfer of manufacturing for its laundry product to a third-party facility in Hungary was completed late in January with volumes expected to increase from 25 to 100 a month by the end of this year. Hardman estimates the new laundry product could add Eu 30m to turnover and Eu 20m to EBITDA in 2016, a healthy increase compared with group revenues ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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