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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Photo-Me International - Exploding demand for minilabs

May 2003

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
Photo-Me is a share which we have tipped repeatedly in TMI over the past three months and last month we finally caught up with finance director, Jean-Luc Peurois, who we found in confident form. Mostinvestors will recognise Photo-Me to be the UK's largest operator ofcoin operated photobooths.  Photo-Me  invented this marketand it was its first mover advantage that set the stage for many yearsof spectacular growth.  Unhindered by serious competition, thebusiness generated piles of surplus cash and it was this reputationthat made for several electrifying phases of  share pricegrowth.  Who could forget that purple patch when the shares rosefrom 31p in late 1997 to peak at 436p in early 2000. ...

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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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