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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Photo-Me - Gain to date: 278%

February 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:
  • 140p
2013 was a vintage year with the shares hitting a new high of 149p, well ahead of our initial buy-rating at 37p in August 2010, a time when the company had few fans.  Interims showed pretax profit rising almost 15% to £23m while eps gained 9% to 4.27p. Net cash increased by £6.4m to £67.8m (18.6p per share). The operations division, comprising coin operated photo booths and laundry units, increased profit from £20.3m to £20.6m, but stripping out last year's one off gain from new regulations in Germany the increase was 5%. The number of photo booths increased by 1,204 to 25,485, largely comprising the higher margin Starck designed booths of which there are now 1,800. Photo-Me is stepping up expansion in Asia ...

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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.

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