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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Photo-Me - Guidance lifted three times in four months!

September 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:
  • 78p
Since I buy-rated Photo-Me four months ago it’s already raised guidance no fewer than three times. The third said that thanks to stronger than expected performance in May, June and July due to the recovery at its Identification vending booths, particularly in Continental Europe, as well as Japan (My Number ID card applications), full year pretax profit climbed by 19-25% to £25m-£30m.Canaccord’s estimates sit at the bottom of this new range, with eps upped 16% to 5.3p, rising to 7p in ’22.Canaccord has upgraded pretax profit by 43% to £21.5m (low end of management’s £21m-£24m guidance) with eps upped from 2.9p to 4.6p. For FY’22 it expects £33.1m and 7p. The bro ...

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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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