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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Photo-Me - Huge falls in sterling provide boost to its Euro & Yen earnings

August 2016

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:
  • 137.5p
They say there’s a silver lining for every cloud and Photo-Me, which is best known for its coin operated photo booths, looks certain to cash in from Brexit turbulence, given sterling’s 17%  fall against the euro and 26% drop versus the Japanese Yen year-on-year. Brokers have yet to factor in the currency change despite the fact those two territories account for 58% and 24%, respectively, of its worldwide profits. The other obvious benefit coming from Brexit is that the UK, which accounts for the other 18% of profits, is set to enjoy a spike in demand when travellers start replacing their EU passports with new UK ones.Even without these windfalls Photo-Me is already in tip top shape and benefiting from a pipeline of ...

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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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