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.

dont mention marconi..................lord simpson should be in jail...........and he lost more than 10,000 jobs on top of busting the company almost overnight

Hate to disagree, esp. since I lotalot on Marconi - but LS was only the instigator...admittedly he did the Deed over several years, but he was encouraged by City types who (let's not forget) ..Make money on the way Up as well as Down. The City (it is rumoured) wanted to see ( GEC as then) become an international player to make them lots of money - and why not find a sap to spend the fortune Lord Weinstock had amassed?
Well LS spent like there was no tomorrow, except he and his like didn't tell retail investors that for every 1, they were getting barely 20p (Unlike Lord Weinstock who got six beans in exchange for five).... as long as the Telco bubble was inflated no-one looked...too hard
Then it all fell down and some respectable investments fell out also - but Marconi was seen in its true light - a company with masses of debt, lots of outgoings (wages, rent etc) and no sales potential and er little asset-value. Hence the debt for equity grab by the Banks.
I agree that LS should be in jail for he was able to stop the madness - but then so were many of his ilk =the exec. hangers-on at Marconi who now have spread themselves into other FTSE companies (at increased salaries no doubt) - look at the historic jobs of many of Invensys Execs - I say no more; but it surprises me that no-one creates a web-site of past deeds so that crooks, rapists, murderers (and failed execs) can't be named, shamed and kept away from my other investments....
Needless to say my holding in ISYS is quite small since I made the connection...I bought at 13p, sold at about 20p (prior to consolidation) so managed to make something out of their reincarnation....ISYS was in doggy-do for some time but I'm not able to track the movement of GEC/Marconi Execs - but it looks a really good company to me and I'm no fool, am I?

JSP is potentially another debt-for-equity swap - if the Banks think they can run a high-street photo-shop. The real profit comes from prints and for that a kiosk is about as much as you need, maybe at the main-line railway station. If national advertising is what pulls in punters....why bother with an expensive shop? Make the price attractive, decent web-presence (this is a rarity - indeed I can't think of any company whose web-presence is better than: "so you make..."..and NO, I don't want yr emails...)..
However, JSP is my largest loss in five years, so maybe I'm losing my marbles - whatever tempted me to invest - no I still don't know.....maybe that poster was right - 7p? However, by then it will be obviously heading for insolvency.....a shame for it was a well-run family business operating from an ex-railway station in Leicester (the line closed in 1890, but Daguerre missed it!)...but the flotation was a dog and really should never have been launched in its condition, esp. with digital cameras coming in to wreck their historic pitch. It's a latter-day Dixons in reality...(investment-wise).....yet I still wish their staff well, but execs not.

Ah well.
The reason Execs walk briskly is that remaining execs are paying for "silence". ?The whole company is probably rotten and they want to keep the lid on it; hoping that overseas order will come in and the shipyard will prosper etc etc.

back on the way up, can see to be made.get in quick.

Sorry Dave, but how many shares will I need to make a 1.

Heard today that there is a bid for Jessops

on the tube? ..... in the local greasy spoon? ...... not impossible i guess, especially if they own any freehold properties

master - Can you tell me where you have heard about a possible bid?

Chatting to city traders on the west coast commuter train to London Bridge this morning

solid and reliable info then!
a bit unkind i know(lol) and certainly sp has shot up again this morning, but that might very well be bears closing their positions with significant profits.
old and valid adage is that one should never buy just on the hope of t/o .... far too dangerous especially with a flaky company like jessops

Gutted bought 20k @70p watched the drop bought back in 50k @ 12.5p sold at 16.5p to reduce my loss , but looks small profit after cassenove gave them a boost saying that the bad news may all be out and the brand has value, bought another 50k @17.5p so am holding 70k and they are looking better

count your fingers

Up 25% today - but that was from a low start...obviously somone want these shares.

Re a poor exec register.... "Shares" helps in this respect, being able to keep punters up-to-date but what we need is a dedicated web-site to cover such persons...might be a useful place for good execs to be recruited....anyone want to develop this?
I understand LS was given 2m as a reward - to further his pension pot. Tell that to our WW1/WWII brave war-pensioners, whose quality of life is dire!

cynic
what do you mean count your fingers ?

Brand has value, eh?
Well maybe from the consumers' viewpoint...it's nice to ses a familiar shop, all the stuff laid out, helpful staff...but then you get to the paying bit - and realise the same camera can be bought for 50 less, maybe including a larger memory card. No when you're paying 1000 for a camera this amount may not concern you, if you think the after-sales service is worth having....but I can't recall Jessops ever having a repair shop - OK they used to collect all the s/h cameras and give 'em a clean.
However, the modern camera is unlikely to fail (other than being dropped!). So what added-value do you get "after" the sale?
The JSP memory-prices are horific and even at their "half-price" they look expensive to me. Along with Woolworths, there is very little margin on the High Street....large shops need to be shifting stock - (whatever they sell) so the pattern really is supermarkets, aiming at the average bulk-purchase.

My local Tesco is nearer than Jessops - and has a reasonable range of cameras - not too many but probably those where the margins are best.

So what is a brand?
A brand is what is left when you strip out all the bits that you can get elsewhere.
Thus you can buy a calculator for 3 or you can go to a fancy shop and buy the same thing branded Ferrari - now unless you are a fool you must realise they are the same product. However, if it has a natty slide-cover that protects the display, or it alone has a stopwatch function, lap calculator etc then the branded calculator is "more" -it is bang-on for sports meetings etc. The fact that it is now four times (or ten times the price is of little concern - you are buying that something "extra" you believe the branded product will provide. In this case it is an extra calculation routine and some mechanical protection.
Now consider the Jessops brand....just what are you getting that you need for that extra money? In the days when watches needed a service, adjustment and care it made sense to buy from a local watchmaker, repairer - although I can never remember them making watches....but you couldn't send your watch anywhere else.....so you paid the price and each town had two so prices were kept in check.
I don't disagree that JSP has a brand....but that doesn't mean it has value....well not until it is supported by something....historic performance and service are Good - but most folk want the Here and Now.....and on that score JSP has nothing other than shops- and that is the very thing that pushes up prices as long as volumes remain low.
Digital cameras are commodities and most folk have them. I don't see JSP can return to good sales - they need to trim their overheads to the reducing volumes.........
"Count yr fingers"? - I wondered too - - perhaps he's suggesting wait a little while....
i.e. do we think the next RNS will be bumper profits?
....(Up a further 15% today, but still very low prices....this could get nasty IMHO. But I've been burned once.)

i am suggesting that falling knives tend to be very sharp

700202
Well Done for having the balls to get back in and trade at a profit.
You derserve some luck
Cheers
Amar

Rumour of KPMG-involvment, but no RNS at 14.45 so that looks a tad careless.
/

My guess is it's a debt-for-equity swap, or slightly less worse, a major placing (ie no benefit to shareholders).
Retailers have been saying Easter was poor and one has to assume that JSP was no better - they have been advertising recently in the Nationals, but until costs come down I can't see the shop-overhead being covered by reduced margins.
I hold only a token having lost considerably believing there was value in the shops - now I think it is the shops that detract from value.....oh dear.
(Monday, today): dipped to c. 15p and has recovered slightly but is still down on the day. I suspect we may not see 25p for some time.....oh dear, again.
Any positive views, - perhaps those who are buying at these levels?

cynic , i think you are right on this one . The sp is going down again , i guess to a new low .

DOES ANYONE KNOW IF THEY HAVE ANY FREEHOLD PROPERTY ?

article in the nottingham evening post on monday 16th april. Action on jessops. The bankers of struggling camera retailer Jessops have called in the business recovery specialists. Pricewaterhouse Coopers to examine options for the group. Reports say. HSBC is understood to have made the move after the Leicester - based company warned last month that debt would swell to 52m, the newspaper reports say. Jessops have been struggling to cope with cheaper prices for digital cameras, which as put the pressure on sales and margins. The company and JSBC were unavailable for comment although the bank said it "continued to be supportive" of the firm. Chief executive Chris Langley is leading a strategic review of the company to address the challenges faced by the firm. The overhall of the business is likely to involve the closure of some of the firm 315 stores. Jessops expect to post losses of around 8.5m for the first half of the year to the end of march, resulting in a full year loss of 5m. Good luck to all holding.