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Photo-Me International - Minilab production soars

June 2004

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.

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Photo-Me has issued a  confident update concerning its minilab manufacturing division.  This noted that despite a slow start in January and February, production has increased substantially since March, with demand continuing to outstrip supply.   As a result, the total number of machines sold will show a very substantial increasein the year ending 30 April 2005.   In a new piece of research broker, Evolution Beeson Gregory, notes that minilab volumes have increased from 140 units a month to between 170-200 and has uppedits forecast for 2005 from 1,700 to "at least" 1,850, compared to around 1,300 in the year just ended. Elsewhere, the production of the new digital media kiosks has been ramped u ...

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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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