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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Photo-Me

March 2018

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:
  • 171.5p
The shares inched to a new high of 191p in January before retracing. Helping were the interim results showing progress with pretax profit increasing 6% to £32.9m and eps rising almost 10% to 6.4p helped by currency movements. Net cash fell from £68m to £47.1m, following dividend payments (£34.6m) and investment in future growth (£34m).At constant currency, revenues were flat but that masks a strong performance from laundry, where revenue rose 75% to £17.3m, driven by a 48% increase in units to 2,332 and an 8% rise in average takings per unit. Its target is to reach 6,000 units by 2020. It also sold 66 laundry machines, while its B2B laundry operations expanded in July through the acquisition of I ...

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Photo- Me (April 2013)
Photo-Me - 3p special dividend (March 2013)
Photo-Me -Laundry machines with 50% margins (January 2013)
Photo-Me -Strong Q1 for operations side (October 2012)
Photo-Me - Net cash rises to nearly £52m (August 2012)
Photo-Me - 14p-a-share cash underpins dirt cheap valuation (May 2012)
Photo-Me - Net cash rises to £50m (January 2012)
Photo-Me - Shares D-I-R-T cheap on cash PE of just 2.3 (November 2011)
Photo-Me - Net cash over £40m (August 2011)
Photo-Me (June 2011)
Photo-Me - Shares heavily oversold (May 2011)
Photo-Me - Net cash soars to £29m (January 2011)
Photo-Me - Net cash continues to build (December 2010)
Photo-Me - Shares surge following strong update (October 2010)
Photo-Me - After five broker upgrades shares are poised to soar (August 2010)
Photo-Me - Surprise profit warning (February 2006)
Photo-Me - Wins Us minilab order (December 2005)
Photo-Me - Next year's PE falls to just 11.7 (August 2005)
Photo-Me - Reassuring AGM (February 2005)
Photo-Me (December 2004)
Photo-Me - Kiosk production accelerating sharply (August 2004)
Photo-Me International - Minilab production soars (June 2004)
Photo-Me - Roll-out of digital media kiosks (March 2004)
Photo-Me - Gains have reached 317%! (August 2003)
Photo-Me - Gain so far: 91% (June 2003)
Photo-Me International - Exploding demand for minilabs (May 2003)
Photo-Me - Our favourite NAP for 2003 (February 2003)

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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