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.

That would be nice, but don't be upset if the market is downbeat
until into next week - tomorrow is bound to be 'thin' on volumes
due to the holiday and people packing up early to get away. Next week
also may be thin on the trading front, bit like the summer holiday time.
:>)

sd
You know me I never get upset, did you see bos's comment about p/e hilarious.

Must have missed it - shame I like a good laugh!

stockbunny
Sorry stockbunny I'm getting my stockbunny's mixed up with my stockdog's over on seo.

According to a charting site;

"The last two candlesticks formed a Bullish Harami Pattern . This is a bullish reversal pattern that marks a potential change in trend but needs conformation."

Hopefully it will close up today and confirm this.

Thanks brian! :>)

I see KESA and TOPPS warned yesterday makes you believe that there must be some pressure on DXNS.

So many buys and the price hardly moves.

Shares mag have now excluded JSP from their tips of the year portfolio and report that JSP will not be the last retailer to issue a profits warning.

Shares mag got there timing wrong they should be tipping it from this point not excluding it.

In fairness, for years Jessops was really a 1-hour photo processor - so having a high-street presence was a good idea - the problem with photography "now" is that everyone is taking digital snaps and there is little real processing left. With Dixons and others having a small space devoted to cameras, they can compete with Jessops since most Buyers buy on price alone. Digital cameras are still changing quickly, so it would make sense to have a web-site dedicated to the buying of cameras IMHO - that way Jessops can offer a better deal. The problem is what pays the rent?
Secondhand camera gear is Bad News and most punters only want fuzzy pics of their children - so the "Amateur Photographer" is a minority.

I have to say I thought the 1.50 IPO was a bit steep, and am not surprised it's fallen - but it was somewhat soon and that surprised most folk, I guess.

Regards

From ADVFN

Three brokers have forecasts out in the last week;

..................................2005..................................... 2006
Broker,,,,,,,,,,,,,,, Date Rec Pre-tax EPS(p) DPS(p) Pre-tax EPS(p) DPS(p)
Panmure Gordon,,, 30-03-05 HOLD 14.78 9.77 2.80 17.55 11.60 3.20
Baird,,,,,,,,,,,, 04-04-05 NEUT 14.60 9.59 3.30 16.90 11.19 3.80
KBC Peel Hunt Ltd 04-04-05 HOLD 14.53 9.47 2.10 16.94 11.04 2.45

Presumably they've both had guidance from the company and time to do follow up research after the results.

Seem damn cheap if they are correct!

The RSI is also on the floor at almost 0 - and below 20 is often a good time to buy.

I'm not convinced, sorry guys. Digital-Retail is almost all price-driven and these cameras are commodities - (being brand names we all know) - so "what" is Jessops USP?
Why would you go there in preference to Dixons or some web-based supplier that specialises in photo-gear? I suspect you will look at price alone.

The JSP sp dropped to 100p and then Directors bough a few shares (not above my 50k "significant" level) and the sp has drifted a further 20% - investors know that Retail is missing out - and the new must-have isn't a digital camera - it's a camera-phone and these are largely sold by Networks Own shops (so the Punter has no real choice of on going costs).

It would be nice to think JSP can keep alive the traditions of photography - but I doubt they can be inventive enough to pull it off. Will the sp touch sub 60p? The FTSE isn't too strong and sadly, that affects all stocks. IMHO.

what level do these becoming interesting?

proptrade
Don't know may be 40p I got out at 99p at a small lose, but I have got my eye on them still.

Still got my 3 shillings and sixpence in there, even hopeful!
:>)

yup, bit of a falling knife right now.

Come straight to the point proptrade
;>)

(sorry in silly mood)

it is one of those afternoons...

:>)