After a disappointing start to its float, things are starting to pick up. Since the release of results in December, the shares have steadily increased from 147p to 161p.

The group has a strong and fast growing market share and should perform well.

http://moneyam.uk-wire.com/cgi-bin/articles/200601120941538268W.html

Nice to see a Director Buying and putting his faith behind the company.

cheers GF.

Trading update set for release on Thursday 19th January. Fingers crossed!

Got these on my watch list cant believe they are still under 100p.

Quite dissappointing they`ve dropped below a 1, IMHO it`s unjustified based on the recent performance of the company.

Nice to see this one heading in the right direction. Im hoping stale bulls have finally unloaded their stock.

cheers GF.

Looking like this could be the start of it`s next leg upwards.

Indeed Dandu. Lets hope we dont get the late selling.

cheers GF.

Jessops confident about FY prospects; to roll-out new store format
AFX


LONDON (AFX) - Photographic retailer Jessops PLC said it is confident about its prospects for the year ahead after a strong start, although it repeated its previous qualifications that Christmas is not its key period and the broader retail environment remains difficult.

The group also said it would be spending an additional 5 mln stg during 2006 rolling out its new store format to up to 200 more stores, after trials proved successful.

However, it added it does not expect these format changes to impact profits in the current financial year due to the short-term disruption that will accompany the roll-out programme.

newsdesk@afxnews.com

tc


cheers GF.

Looks like we still have stale bulls holding this one back, but never mind patience is required.......

Jessops buys 3 stores from That Camera Place for 75,000 stg
AFX


LONDON (AFX) - Specialist photographic retailer Jessops PLC said it has bought three camera stores from Midlands-based company That Camera Place Limited for 75,000 stg plus the value of stock on completion.

The three stores - situated in Abingdon, Bicester and Evesham - will undergo a refit to the new spacemix standard and bring the total number of Jessops stores to 288, it said.



newsdesk@afxnews.com

vjt

cheers GF.

A move back upto the 100 level, fingers crossed we go on from here.

cheers GF.

Is this the day we finally break out?.

cheers GF.

Looks like it, Yipee.

cheers GF.

Nice spot Goldfinger. This has been on my radar for some time, but I haven't had any free resources to partake. The last three days should have been evry profitable for you.

Continues to rise despite the poor market conditions prevailing at the moment.

Cheers for the comment PL.

GF.

Seems to be stuck at the moment.

cheers GF.

I'm hoping for a close of that very large gap upside looks to be 3x downside as strong support around 100p now. Could go either way depending on trading statement due next week: 30th March I believe. Anything else worth following GF?

positive enough statement today. will they close that gap? some resistance at 115/6 to get over and we should be off and running all the way to 150+. IMHO,DYOR etc!

I agree bonfield. Heres the statement...

Jessops sees H1 profit in line; CEO Hine to retire UPDATE
AFX


(Adds IFRS adjustment for yr to Sept profit)

LONDON (AFX) - Photographic retailer Jessops PLC said its first half profits will be in line with expectations, and said its chief executive Derek Hine is to retire.

In a pre-close trading statement ahead of its first half results announcement on May 17, Jessops said Hine will be succeeded by Chris Langley, currently chief operating officer from that date.

Jessops said profit for the six months to April 2 will be in line with its expectations.

It said trading over the Christmas period was 'strong', with sales for the five weeks to Jan 1 up 13.3 pct overall and up 9.4 pct on a like-for-like basis.

Since then, it said it has 'performed in line with its plan, in what remains a tough retail environment'.

Total sales for the 25 weeks to Mar 26 were up 6.5 pct, with like for like sales up 2.6 pct.

Store sales actually fell on a like for like basis by 0.2 pct in the 25 weeks to Mar 26, with the decline in the 13 weeks to Mar 26 widening to 2.2 pct. The company attributed this to Easter falling outside the period this year.

Gross margins during the period improved by approximately one percentage point compared with the first half of 2005, as a result of further exclusive merchandise deals and the continued focus on higher margin developing and printing and own brand accessories, it said.

Direct like for like sales increased by 51.0 pct during the six month period.

Jessops said digital camera sales in the first half were up 15 pct by value, with digital SLR camera sales up 52 pct by value.

Jessops also detailed the impact moving to the new IFRS accounting standard would have had on its year to Sept results. Jessops said pretax profit would be 9.9 mln stg under IFRS, compared with the UK GAAP figure of 5.9 mln reported. The difference stems chiefly from changes to the treatment of goodwill amortisation.





newsdesk@afxnews.com

ra/jm



cheers GF.

looking good today, had a broker's rec, Cazenove I believe.

and we're off! 150+ in a matter of weeks i reckon. Watch this space......