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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Photo-Me - After five broker upgrades shares are poised to soar

August 2010

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:
  • 37p
Back in 2003, Photo-Me was a fantastic performer for TMI with the shares, which were originally added to the Trader Portfolio at 23.5p, going on to spike to a high of 144p just over a year later. Although we didn't quite catch the top we did recommend taking profits at prices as high as 115p. While Photo-Me subsequently went through a rough patch, the really good news is that its fortunes are once again on the mend, with analysts being forced to upgrade their forecasts no fewer than five times in the past six months. Photo-Me’s mainstay is its coin-operated photo booths, which are located in highly visible sites within large high street stores, train stations and airport terminals. These machines are manufactured from its ow ...

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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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