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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Photo-Me - Trading ahead of expectations

June 2021

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:
  • 76p
No sooner had the ink dried from my pen (TMI idea last month) than Photo-Me announced better than expected trading in the five months to March ’21 with sales guidance raised from £175m to £190-£200m and pretax profit upped from £9m to £15m-£19m for the year ended 31 October ’21.  The beat has been driven by Japan (historically its second most profitable territory after France) thanks to an increase in applications for its social security and taxation photo identification card scheme, My Number. Photo-Me’s photo booths are equipped to scan the unique My Number card QR code that every Japanese citizen has received and it matches the ID photo to the card applic ...

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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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