Photo-Me is a share which is just set to rocket. Please just have a look at this report.

UK’s largest operator of coin operated photo booths.
Previous spectacular growth richly cash generative operation
2000-2001 various issues caused collapse in share price
Issues been resolved but now other opportunities arising as well
Digital photo-processing machine manufacture making most of surge in popularity of digital photography
Largest customer Kodak (supplies the minilabs to the likes of Jessops and Boots)
Orders starting to build could soon lead to 125m turnover in this new part of the business

Photo booths 77% of 2003 forecast turnover (141m of 183m)
Digital Minilabs manufacture 38m

Last 5 years PHTM spent 186m on converting its analogue photo booths to digital
Caused increase in debt 2001
Debt now falling away rapidly as cash flow rises fast
Main areas of operation (75%)are UK, France and Japan
France and Japan highly profitable - UK some completion from Snap Digital (who are operating on possibly unsustainable terms to try and poach customers – may go bust inside 2 years)
UK situation now stabilising

Minilabs is the “big ticket” potential
Forecast to be 23% of 2003 sales
Digital cameras now 40% of all cameras purchased
So far only 5% of 200,000 photo processors have converted machines from analogue to digital
Kodak is world market leader – has 30-40,000 machines in US, UK,Europe up for renewal
Kodak has ordered DKS 1500 machine from PHTM – cheapest most efficient machine on the market.
PHTM expects to increase production of this machine to 200 per month – will at some point sub-contract this to China to cut costs and allow PHTM to concentrate on remaining market leader by developing next generation Digital Minilabs.

Schroders have been buying stock (17.1%)

They are in MI and SCSW portfolios – a 2003 Nap for MI and they say “keep buying” G.

Break out on the Chart.


Positive candidate (13 May 2003)
Has risen 169% since the bottom on 12 Nov 2002 at 14.50. Has broken the rising trend up. This signals an even stronger growth rate. The stock has support at 24.00.G

The break out was 2 months ago.

Dil that maybe the case from a TA point of view but the recovery is only just starting. Theres much more left in this one yet.G

These should jump soon IMO, next stop 60p - not in myself due to no free bucks. Was seriously overbought, now more stable, needs volume now to initaite lift-off.

Totaly agree, fc. 60p next stop.G

Chart implying short term target 60p, but medium term is 1.30.
Explosion in digital photography could drive the stock much higher long term.G

Yeah , like I've been saying for three months.

Met your mate today Ollie :-)

Who are MI and SCSW , more friends ?

This past couple of months the stock has really built up momentum with a new and clear direction.
PHTM is still a significant cash generator - and it is this which has repaired much of the damage from the net-bubble cock-up.
The buzz arounf PHTM is all about their foray into digital processing. They are emerging as one of the world's main suppliers to commercial outlets - their only competitor being Fuji, they are the main supplier to Kodak and have just launched the DKS 1500 - leading edge technology and the most sophisticated on the market.
They have augmented this position by recently buying (on the cheap) a former competitor's capability from the receivers - Gretag Imaging's Central LAb Equipment division. This not only cements their position at the top but adds turnover of 10m to the numbers.

DAILY MAIL
*Bid speculation at Shanks Group (SKS.L).
*The word is that a private equity group is running a slide rule over Taylor Francis (TFG.L).
*Photo-Me International (PHTM.L) is good recovery play, according to dealers.

G

Some nice Buying going on, thought we would see this one up today.

Way undervalued in my honest opinion. Hope to see 60p TA price very soon.G

Any thoughts on why PHTM has taken a slight tumble this morning?

Hi,
They seem to be good posts but I do not want to spend much time digesting it all
unless posters still think it is worth a look.
rgds aj

Wow Run baby run up 12% today resultr 28-6-04

Moving ahead again this am, knocking on 1.00. Results Mon 28th profits were up over 1000% last year. Will this be the last chance to buy under 1.00?

don't miss the boat -infact get ready for a CRUISE! (WITH THE PROFITS!!)

Alot of institutional interest in these, results will be above expectation. Prelims Date - Monday 28 June 2004.

Chhabra repeated his "buy" rating and price target of 185 pence on Photo-Me shares.

All looking good to me. Get in now and hold tight. DYOR though.

On Monday, photo booth operator Photo-Me International reports final figures. Evolution Beeson Gregory predicts a profit of 20.6m against a loss of 1.7m last time.

Superb news Nissan300zx. Hoping we get further moves northwards.

cheers GF.

Figures ahead of forecast.....share price down????

This seems the norm over lasr 2/3 months Profits up price 'down'!!!!!
Nowt so Queer as the market or M/Makers!...............

share price subject to profit taking up over 30 per cent in 2 weeks to fast to soon.

Loads of news on these this morning.

Here is one that coaught my eye............

LONDON (AFX) - Shares in Photo-Me International were again on offer amid persistent talk that Schroder Investment Management, the photo booth operator's largest shareholder, is attempting to offload 20 mln shares, or 5.5 pct of the equity.

Schroder Investment sold 500,000 shares last month, retaining 16.9 pct. However, some traders think it unlikely to sell again before next month's half-yearly numbers, which are thought to be impressive.

Photo-Me shares were 2-1/2 pence adrift at 97-1/2 by 8.05 am.

Loads of news on these this morning.

these rumours did the rounds late 2003,no prizes for who bought more when price dropped!

Currently 85p!


ROUNDUP Photo-Me sees earnings well below expectations, shares slump


LONDON 12/1/2006 (AFX) - Photo-Me International PLC posted a 10 pct decline in first-half profit and warned full-year earnings will fall well short of market expectations after customers put off purchasing digital photo-processing machines.

Shares in the British company, which is the world's biggest photo-booth operator, slumped as much as 35 pct to a two-and-a-half-year nadir.

Photo-Me said operating profit declined to 16.5 mln stg in the six months to Oct 31 from 18.4 mln, on revenues down 6 pct to 108.5 mln.

Pretax profit for the year to April 30, stripping out a one-off credit, will be 10-15 pct below last year's record level, up to a third less than analysts' had expected.

"We're looking at some big downgrades in profit forecasts for this year and next... I think it's going to take a long time for the stock to get back up to where it was," said Seymour Pierce analyst Charles Peacock.

He has a 'buy' rating on the shares but says that is under review for a possible downgrade.

Chief executive Serge Crasnianski said in a statement: "Since September, the expected recovery from the poor trading by PMI's mini-lab manufacturing activity has been delayed and is only now beginning, with less than four months of the year outstanding."

Chairman Vernon Sankey later said in an interview that the full-year performance will be further hurt by delays in the supply of equipment after a Polish sub-contractor struggled to source the necessary components.

Photo-Me said the the company would not be able to supply leading US drugstore chain CVS Pharmacy with equipment this fiscal year, effectively wiping 7 mln stg of the bottom line.

With the company facing an order backlog as a result, and earnings starting from a lower base than hitherto expected, profit will miss expectations the following year, too.

Manufacturing division earnings sank 72 pct to 2.6 mln stg on turnover down 27 pct to 29 mln, amid "extremely weak" global demand for mini-lab processing machines.

The company said some major supermarket and drugstore chains had deferred capital expenditure programmes since they were still operating substantial quantities of analogue machines which were not yet fully depreciated.

Secondly, the expanded range of digital printing options open to consumers had led to a price war in the market for digital prints prompting potential customers to await the introduction of the next generation of equipment.

By 12.18 pm, Photo-Me shares were trading 31.25 pence, or 26 pct, adrift at 87, valuing the business at 317 mln stg.

Sankey, who said the market had reacted in "knee-jerk" fashion, defended the decision not to inform investors of the problems at an earlier stage.

"In September we were very confident we could deliver it (the CVS contract), and even in early December we felt we had a fighting chance. It was only over the course of December the issues started to manifest themselves more fully."

He expressed confidence the downturn will prove to be temporary.

Profit at the company's main vending arm, which operates 33,000 photo kiosks in 20 countries, jumped 38 pct to 16.2 mln stg on sales up 5 pct to 79.5 mln.

Earnings were boosted after the company installed extra machines in France and the UK, its two leading markets, and after its struggling Japanese business cut costs.

Photo-Me reiterated that it envisages the French government's introduction of a new national health photo-identification card will generate a need for 48 mln replacement cards.

But the benefit is likely to be felt in late, rather than early, 2006.

Net profit rose 30 pct to 14.5 mln stg after the company took a one-off credit of 8.7 mln stg following the receipt of an insurance payout, while diluted earnings per share climbed 30 pct to 3.93 pence.

The company is proposing a 1 pence per share interim dividend, up 25 pct.

I am not surprised in the fall.
I am not a holder and never will be.
Max speilman will take your passport
photos and if they do not match the criteria
then they will keep taking them until
they do FREE of charge.
Lots of people don't like using machines.
Dragons den- umbrellas from vending machines?
I rest my case.

It is nice to find a coy where so few are interested in posting, always a good sign, there are even people like "Ted1" around who are public spirited enough to spend time to stop naive people like me from wasting my cash though I did not quite understand his positing---ted this is a cash machine operation, over the worst...increased div...mini labs must be a winner long term...shall probably buy more today if price does not rise too much.

Good luck to all fellow believers....Bill

down 9% today at 63p with the market reboundoing. wats goin on ? bad news round the corner

got it. RNS an hour ago to say that there is sufficient level of interest to proceed with the disposal of the vending machine division.
Lets hope there is some sp uplift.

From The TimesAugust 25, 2007

Activists seek to deny Photo-Me pair chance of a dignified exitMiles Costello
Two executives at the helm of Photo-Me International caved in yesterday to demands by a pair of rebel shareholders and agreed to quit the operator of British passport photo booths, only to have the terms of their departure rejected.

Vernon Sankey, the chairman, and Serge Crasnianski, the chief executive, agreed to go voluntarily after the activist funds Principle Capital and Cycladic called an emergency shareholder vote to evict them by force.

Quite frankly, if you are faced with this sort of lack of confidence, whatever the rights and wrongs, you have to do something, Mr Sankey told The Times. It becomes untenable.

As they tried to stage a dignified retreat from the fray, Photo-Me outlined several proposals with a view to agreeing an early solution and reducing damaging uncertainty.

Mr Sankey said that he would not seek reelection at the companys annual meeting in mid-October. Mr Crasnianski, 65, will retire, leaving as soon as the sale completes and a successor is in place.

The company is trying to sell its vending division, which includes 21,000 photo booths, as part of a strategic review. It could be worth as much as 250 million and would prompt a substantial return of capital to shareholders.

However, in a show of defiance and with the weight of more than 50 per cent of shareholders behind them, Principle and Cycladic rejected the plan outright and urged the two men to resign immediately.

This will save the company the expense of calling an extraordinary general meeting, prevent any disruption to the strategic review and allow the board to make a decision about the sale of the vending division that can be supported by shareholders, they said.

Principle and Cycladic have enough support to push through their resolutions at an emergency meeting. They reiterated their call of earlier this week for Martin Reavley, the senior independent director, to be made interim chairman and given the task of finding a new chief executive.

Mr Sankey described Principles demands that Mr Crasnianski resign immediately as catastrophic lunacy and barmy. To have him resign with immediate effect is the most ridiculous thing for value creation. The board could not possibly recommend it. You dont want to leave a company like this leaderless, he said.

The Photo-Me chairman also fiercely defended the sale process, being handled by Lazard. I dont understand why anything should be criticised. Weve been working flat out on the disposal process. The fact is that Principle dont like it because whatever happens they feel the right price wont be achieved, he said.

Mr Sankey who said that he had offered to resign immediately yesterday said before the rebels rejected his offer that he did not expect them to agree: I think they will think it is just another fudge.

Photo-Me proposed a committee under Roger Partington, independent director, to be responsible for finding a new chairman and chief executive. A further committee, led by David Young, nonexecutive director, could take charge of an ongoing strategic review in the meantime, Photo-Me said. It made no mention of Mr Reavley, who Mr Sankey said had absented himself from any vote at yesterdays board meeting that could have been compromising.

Photo-Me declined to comment further, beyond its earlier statement of yesterday, but it is understood that Mr Sankey and Mr Crasnianski retain the support of the board.

Photo-Me plunges on FY profits warning - AFX

LONDON (Thomson Financial) - Photo-Me topped the list of small-cap fallers, plunging 15 pence to just 35, after the board warned it now believes the results for the current year will fall substantially short of market expectations.

This shortfall is mainly in the area of manufacturing, both the KIS minilab business and the Imaging Solutions wholesale lab business, reflecting the difficult market conditions experienced.

tf.TFN-Europe_newsdesk@thomson.com

Nice chart .... 15p anyone ?

Photo-Me warns again - MoneyAM

Photo-Me International has today reported a 39% slump in first half underlying pretax profit.

The digital imaging company warned on the full year outturn for the second time in two months.

'When preparing the interim financial statements, the group also reviewed its estimates for the full year to April 30th 2008. Following this review, the board now believes that the group is unlikely to be profitable in the second half, which is traditionally its weaker half,' it said.

Photo-Me had warned on November 29th that its results for the current year would fall 'substantially short' of then market expectations.

It said the shortfall would mainly be in the manufacturing division, both the KIS minilab business and the Imaging Solutions wholesale lab business, reflecting difficult market conditions.

Photo-Me abandoned the sale of its vending machine business in September.

For the six months to October 31st 2007 the group made a profit before tax and exceptional items on continuing businesses of £7.3m, down from £11.9m in the same period last year, on revenue down 3% at £107.1m.

Photo-Me said the profit fall reflects £2.2m of increased depreciation and £1.5m of adverse movement in foreign exchange differences.

Reported pretax profit was £1.6m, down from £12.9m last time.

Operating profit in the vending division fell 21% to £10.9m on revenue down 1% to £79.1m.

The manufacturing division made a pre-exceptional operating loss of £0.5m versus a profit of £1m last time on revenue down 8% at £28m, reflecting a reduced average selling price for minilabs and reduced unit sales for wholesale labs.

However, the group did maintain its interim dividend at 1p and said it intends to resume a share buy-back programme when its distributable reserves permit, which it expects to be in February 2008.

The group's board has seen several resignations this year after activist shareholders Principle Capital and Cycladic Capital requisitioned extraordinary general meetings to vote directors off.

Serge Crasnianski, Photo-Me's longstanding CEO and 19.5% shareholder, finally stepped down on December 3rd. He was succeeded by Thierry Barel last week.

New article, click HERE

I suspect that having an active CEO with a large % stockholding is often NOT good for a business that's in decline. When it's on a forwwards wave it's good, because he can get things done quickly, being fleet of foot etc.

However, in a downturn the CEO will be convinced he's right .... and the rot continues! The new CEO has his work cut out ...give him time, eh?

Apart from the prospect of ID cards, I can't see why this business isn't doing moderately well. Their booths should have a modest turnover and folk always need ID pics for all sorts of things.
However, it may be they thought ID cards would be the big money-spinner and it's far from clear this will happen, at least at street-level.

Meanwhile they are stuck with increasing rents and service costs, I guess.

The title of this thread is a warning to all newbies about the dangers of being sucked in with an over ambitious expectations.

Times change Kivver ... think it was a buy when the thread was started.

Now its got 15p written all over it.

I last bought this stock in 2002 at about 30p and it was a nice multi bagger for me. Not sure I want to get back in yet however. Watching.

Greyhound
re - Not sure I want to get back in yet however. Watching.

at your peril, director and ex-director buying millions announced today


Photo-Me says former directors David, Wahl lift stakes in company

LONDON (Thomson Financial) - Photo-Me International PLC said its former
directors Dan David and Philippe Wahl lifted their stakes in the company to
total of 10.2 pct and 5.23 pct respectively on Jan 4.
The digital imaging group said David has a non-beneficial interest in Dan
David Foundation, Vidacos Nominees Ltd and Managest Ltd, through which he bought
stakes of 9.4 pct, 0.2 pct, and 0.6 pct respectively, in Photo-Me.
Prior to the transaction, David held 2.90 mln shares, while Wahl held 10.72
mln shares in the company.
Following the transaction, David now holds 36.78 mln shares and Wahl holds
around 18.80 mln shares in the company.
On Jan 2, the company said David resigned as non-executive director on Dec
31, 2007, and now intends to dedicate his time to the management of his Italian
company.

From the UPS thread .........

"UPS" (Added by Master RSI on Thu 07 Feb 04:54 pm)

PHTM - Mid 23.675p
Reason - Former directors buy 10.2% and 5.23%, just resign one of them, so it looks like a prelude to a future TAKE OVER. Share price is bouncing from lows on volume, going 1p X-dividend and share buy back after AGM end February

From the British Bulls Tonight 8pm

BUY CONFIRMED
PHTM 23.500 +0.5000 +2.17%

Candlestick Analysis
Todays Candlestick Patterns:
White Spinning Top
Reversal/Continuation

Today a White Spinning Top was formed. This represents complete indecision between the bulls and the bears.

Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. The market opened with a gap up and the days activity resulted in a close higher than the open. This is a valid confirmation criterion. The market is now ready for a bullish move.

Some activity on the share price today, as the 23.50 - 23.75p of the last few days is gone today, at the moment 24 - 24.50p

moving well up now, that is what happen when is at the bottom, can move up fast

Photo-Me International PLC
13 February 2008



Wednesday 13 February 2008

Photo-Me Minilabs Win 6th Successive DIMA Award

Following an unprecedented five successive years of winning DIMA Awards for best
printing quality with its silver-halide minilabs, this year Photo-Me (PHTM.L)
instead entered, and won, the thermal minilab category with its newly-launched
DKS 910 minilab.

Photo-Me's 900 series thermal minilab is capable of 900 prints per hour, offers
300 dpi (dots per inch) resolution in all formats from 4'x 6' to 8' x 12', and
can be operated in tandem with Photo-Me's successful PhotoBook Pro - an
automatic album-making machine which won a DIMA Innovative Digital Product Award
at its introduction in 2007.

Thierry Barel, Photo-Me's CEO, stated 'The DIMA Award for Photo-Me's 910 thermal
minilab is a further prestigious accolade for Photo-Me technology. The 900
series provides an attractive alternative to Photo-Me's silver-halide minilabs
when print volumes are low. Uniquely, Photo-Me offers a complete range of
photo-printing equipment, generating from very low to extremely high print
volumes.'

Notes for editors:

The DIMA (Digital Imaging Marketing Association) Awards were recently made at
the PMA (Photo Marketing Association) Convention and Trade Show in Las Vegas.
The Awards are the most prestigious in the global printing industry.

Some activity on the share price is taking place now 28 - 29p

The award above is helping the share being noticed on the sorry state of the share price

Master RSI,

That and the fact that...

LONDON (Thomson Financial) - Photo-Me International PLC said its former director Philippe Wahl has lifted his stake in the company to 25.795 mln shares or about 7.17 pct.

On Feb 7, Wahl had a 5.23 pct interest in the company.



TFN.newsdesk@thomson.com

tsm/rfw


COPYRIGHT


Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.


Share price now 30.5p

How the chart is looking

Bluelady

Since last week I am saying the BIG posibility of TAKE OVER in their mind, today's news is more of a chance

From the UPS thread .........

"UPS" (Added by Master RSI on Thu 07 Feb 04:54 pm)

PHTM - Mid 23.675p
Reason - Former directors buy 10.2% and 5.23%, just resign one of them, so it looks like a prelude to a future TAKE OVER. Share price is bouncing from lows on volume, going 1p X-dividend and share buy back after AGM end February

Most likely their reporter have been reading this thread............


The Times, market report this morning

* Photo-Me International gained 4p to 30p after it emerged that Philippe Wahl, a former director, had raised his stake from 5.2 per cent to 7.2 per cent. There is speculation that he and Dan David, the companys 78-year-old former chairman, who has built a 10.2 per cent stake, could bid for the photobooth maker.

PHTM 33.50 - 34.25p +3.875p
Intraday BREAKOUT once it went over 33.75p

BREAKOUT

Photo-Me issues Q3, FY profit warning - AFX

LONDON (Thomson Financial) - Photo-Me International PLC, the digital imaging company, has announced that Q3 revenue and pretax profit were behind its expectations, and said it is unlikely to make a full-year pretax profit.

It said for the full-year ending April 30 2008 pre-ex pretax profits would fall short of market expectations due to 'reduced expected revenues and associated profit across the business'.

The company has decided not to resume its share buyback programme until it works out its future strategy, which is being formulated by new chief executive Thierry Barel.

The profit warning follows a similar warning in December when it announced its first half results. At that time the company said it was unlikely it would be profitable for the second half, traditionally its weakest.

At the half way point, Photo-Me reported a pre-ex, pretax profit of 7.3 mln stg, down from 11.9 mln stg in the same period last year.

ben.deighton@thomson.com

10p now a real possibility.

another great call master rsi bator......how is your VOC?

amazing some clowns hang about so long

Breaking out to the downside again.

And time to have another go at the shares
Bouncing for the last couple days from lows, today with volume and news of forced directors resignations

Photo-Me's ex-CEO seen in boardroom power play

LONDON (Reuters) - London-listed photo booth operator Photo-Me International (PHTM.L: Quote, Profile, Research) had another top-level shakeout on Tuesday as ousted CEO Serge Crasnianski flexed his shareholder muscle to try and re-establish his grip on the board, an analyst said.

Frenchman Crasnianski, a former nuclear physicist and 20 percent shareholder forced from the company last year after pressure from hedge funds, got backing from fellow shareholders to force the resignation of chairman David Young and two non-executive directors, Photo-Me announced on Tuesday.

"Serge Crasnianski is now obviously going to be running this thing again, and the British directors are out," said analyst Roger Hardman at corporate research house Hardman & Co.

"I think Crasnianksi will want to come in and protect his money; this is his pension scheme," said Hardman. "He had been looking for a way of easing out and gently retiring; there's no way he will want to retire with the shares down at 17p."

Photo-Me, which operates around 22,000 photo booths worldwide, often in stations or airports where people get passport photos, issued a profit warning in March.

Activist shareholder Principle Capital, which owns 8.2 percent of the shares, according to Reuters Data, spent last summer campaigning against Crasnianski, saying they had "lost confidence" in management and feared they would sell the photo booth division at too low a price.

Shares in Principle Capital's listed Investment Trust (PCIT.L: Quote, Profile, Research) closed 8 percent lower on Tuesday.

Photo-Me's shares, which have fallen around three quarters in the last 12 months, closed up 3.3 percent at 16p.

"You have to count as a possibility that Crasnianski will take it private," Hardman added.

Interim Finance Director Simon Poulton, who became FD just a month ago, also resigned on Tuesday, along with non-executive directors Martin Reavley and Roger Partington.

Crasnianski and chairman Vernon Sankey were forced out by activist shareholders last year and replaced by Young and new chief executive Thierry Barel.

Crasnianski was not reachable for comment. Principle Capital was not available for comment.

Yeah great news , no directors and no FD ..... just the guy who got them in a mess in the first place.

Master-bator.......r u maestro in disguise? you are about as much use as him..........at what price did you buy this shite?

MoneyAM Username: Treblewide
Real name: unknown
Location: glasgow


They say: do not though stones if you live in GLAS - GOW

re - what price did you buy this....

The same price it was the day I posted 15.95p

Yes I buy by the indicators ( little boy ) last time IN at 23.723 and sold 8 days later at 33.50p a good 41.2% and did not even pay for the stock, it was a T+20.

You must be a foul if one hold shares with this market, specialy as the market is expected to go well down an a few month, do not forgot to sell in May, though the big bang is going to be later

There we go Treb ... he even sold at the top , bloody genius.

yip dil thought as much......wow master...you are great can you give us more of your stock pick...you rock my world

Next time think twice if you have any brain, and try to keep you mouth SHUT, otherwise a " TREBLE WIDE " could get in.

Blue arrow IN read arrow 0ut




The chart at the moment is doing higher lows so not moving up fast just like last time but very positive so far

so after the fact you bought at the bottom and sold at the top.........i can do that every time....next time gumball put your trade up when you do it as you coming on here and saying that after the fact means feck all i am afraid......you still rock my world

Treblewide

If you were not such a lasy B#stard, then I will not have to post past one,s from me that clearly say so, But I will never say "BUY or SELL" because I am not authorised to do so.
"UPS" is a weekly thread that I started 6 years ago and still going strong, it means time to pick up the stock, and overbough, time to get rid of the stock, naturally short term.

From the UPS thread .........

Master RSI - 07 Feb 2008 21:14 - 42 of 67
"UPS" (Added by Master RSI on Thu 07 Feb 04:54 pm)
PHTM - Mid 23.675p
Reason - Former directors buy 10.2% and 5.23%, just resign one of them, so it looks like a prelude to a future TAKE OVER. Share price is bouncing from lows on volume, going 1p X-dividend and share buy back after AGM end February

...not authorised to do so...........hee hee you are funny...yip there is an army of people waiting for you to say buy or sell on here......but obviously a man of your capability needs to be regulated by the FSA due to your vast following.

i think you rock everyone's worlds

Ummm Master I missed the bit where it said sell due to it being over bought , which post was that ?

And what is the "UPS thread" ... Useless Piles of Shite thread or something ?

Are you TWO a pair of "SOUR GRAPES" ?


re -Shite

YES it is something coming out of our Filthy mouth and eventually will get piles at your bottom.

Poor sod missed the "overbought", do you think I am going to feed you also, if you are not at "UPS" is your problem not mine, it is just a past time for me over here.

But here is the same Chart, where one can see The overbought position on the Indicators RSI and Slow Stocastic, (15th February 08 yes my closing of the T+20 bargain )

Now you can say I do not know anything about it. and I wll tell you thw answer later.

shit dil...he is a genius.....should have realised earlier

OR MAD//////////////////

Its going to 10p Treb whether he likes it or not.

re -Its going to 10p Treb whether he likes it or not.

is that short term or long term, I am IN only for the short term

Did you say you wanted some selections, well yesterday told at "UPS" LNRO was rising with volume.
Well this morning did not get into the computer till late, but selected the shares to do well this week....

UPS (Added by Master RSI on Tue 08 Apr 09:51 am)
LONR - Mid 34.675p
Reason - Conglomerate, sold some mines and investing now in soft comodities. Bouncing since yseterday after a good marked down, Indicators at oversold on the turning, last February had a placing at 43p for further investment

Think we getting a bit of sell signal today Treb ... what you reckon Master ?

Nah, the trades are much level, only MMs had introduced some stock at lower prices after 2pm on the Level 2 on most stocks as the US opened much lower.

Do not count the "AT" as sales or buys, because you will be confused.

And to confirm that it was the UT (auction price at the end 16.25p with 81K at aution price )



link to "plus Market"

The April Hardman report is out ......

PHOTO-ME INTERNATIONAL

At the request of ex- CEO Serge Crasnianski and other shareholders representing 28% of the equity, David Young has resigned as chairman and Roger Partington has resigned as NEO.
Photo-Mes interim management statement was relatively encouraging, with sales holding up better than we thought likely. Vending revenues (c.a.75% of total sales) were up by 1%, an increase which is partly due to currency effects (as the Euro has a strong impact).

The Manufacturing Division, focused on photolabs, saw an 11% drop in revenues on a like-for-like basis.
Sales suffered from the world economic crisis, the mayhem caused by digital photography and the fierce competition from giant Fuji/Noritsu mini-lab merged businesses. (The combined businesses, which benefit from an 80% world market share and related economies of scale, achieved a c.a. 13% rise in sales and 32% rise in operating profit over the 9 months to December 2007).

Margins were hammered, especially in the Manufacturing Division, in particular Mini-Labs. If the worst comes to the worst, the company could merely pull out of the Mini-Lab business,.

Bag of poo Dil but if mastr says it is going to go up then surely we shoudl bow to his superior knowledge?

If it pulled out of the mini-labs business then it just becomes a vending machine operator doesn't it ?

Can't see a future in that so this looks like it could go tits up big time.

Good luck with your short term call Master but I tend to operate on a slightly longer time frame than a week and these now have the look of a bin bag job.

Dont be surprised if the directors both current and former try to buy the company at a knock down price.

Cancelation of the divident though already being discounted on 28th February ............

Photo-Me cancels payment of interim dividend of 1.0 penny

LONDON (Thomson Financial) - Photo-Me International said it cancelled the
interim dividend of 1.0 penny a share, totaling 3.6 million pounds for the year
to April 30, 2008, following its decision to reduce substantially the expected
useful lives of its photo booths and some other vending equipment.
The company said the reduction in expected useful lives will give rise to an
additional non-cash charge in the current and future years.
The company however said its trading and prospects for the year to April 30
2008 remain broadly in line with the trading statement of March 7 2008.
Photo-Me said its board will look at dividend policy as part of the
strategic review being carried out by Thierry Barel, who was appointed CEO in
December 2007, which is due to be completed this summer.

The shares went X-divi on the 28 February, so if the divident is not going to be paid, then share price should go UP the 1p discounted at that date.

Lol in your dreams , cancelling the divi is a sign of desperation which is likely to cause more than 1p damage to the share price.

Looks like things aren't getting better anytime soon ... thats how I would interpret the statement.

a photo finish as to whether this is the next cy to go bust ..

lol master....that is a schoolboy comment on your post above...the company is no longer paying a divi so the share price should go up......they have scrappd the divi coz they are in the poo so why would the market treat that as a bullsih sign......keep rocking our worlds you genuis of a man

Treblewide

It looks like the poo is your diet this days.

If you do not undertand the logic of what I said just too bad for you.

You have a chance of reading it again.

Very good closing price with a large Auction size, after being weak after the news

Hope you do well master and can't fault your short term signals and guess you win more than you lose otherwise you wouldn't do it but medium term (my usual time frame) these look a basket case.

Just sold 15K at 16.025p, broke even, as there is no volume, and noticed SEY was a better place to put the money short term.

Was my "keep and eye" this morning @ 8.05p

               

Anyone buying..?

Someones buying today ...

Tipped the week-end apparently.

20p target buy and hold.

Where ... scsw ?

Yep dill ...

Cheers mitzy.

Lat time they tipped them @15p they went to 150p but I dont think they will 10 bag this time.

Last time I waited for a break of 20/21p before buying , chart suggest this is an area of strong resistance one again.

My mistake mitzy , resistance at 15/16p this time.

Good luck.

up 17% today due to the scsw tip.. cheers.

Vague take-over talk.

Any take over talk today ?


:-)

Not today DIL.. LOL.

ROFLMAO :-)

still a vile historic chart and sp has been grovelling along the ground for some months following a steep rise and an even worse slump

I'm surprised Gf has no comment to make perhaps he sold.

Collapse today on news will wait for 3p or 4p before buying again.

mitzy, do you see fundamental value in the business, or are you willing to call the low and make a profit..? Just wondering, as I don't see much here FWIW, unless suddenly pasport-size photos become their Monopoly.

Best avoid for now hangon there is no reason to buy the shares at present I cant see them lasting much longer like Woolworths they are past their sell by date.

Thanks for your thoughts. Agreed.

KEEP AN EYE

PHTM 14p

Volume picking up with the share price rising aswell
Due for a turn around on the trend

Intraday Chart

3 month

5 days

3 month

A good day again as the bounce is following last Friday rise.
The UT was activated soon after the opening at 15p and since a few 10K buys have move the price higher to 15.50 / 16.25p spread.

Is due for another UT at a higher price

I selected the shares yesterday at the UPS thread ..........

Monday 25
PHTM 14.75p

Reason : Share bouncing from 200 days MA with volume last Friday after retracement. Ex - CEO have increased stake to 22%
and 2 weeks ago got back to the board. Shareholders equity was 24p on last statement and gearing reduce to 33% from 57%.

16.50 - 16.75p +1.875p

having another go this afternoon and rising well now

PHTM is also traded at "Plus Market" so far 228K there only 110K at LSE

the last 5 trades below at - Plus Market -

Trade Date Trade Time Price Volume Type Considerations
26/05/2009 14:10:35 17.00 6,935 O 1,178.95
26/05/2009 13:55:06 17.00 2,265 O 385.05
26/05/2009 13:50:09 16.85 15,000 O 2,527.50
26/05/2009 13:37:05 17.00 15,000 O 2,550.00
26/05/2009 13:31:30 16.85 12,375 O 2,085.19

link to trades .. plus market trades

MRSI
this share has been a rampers paradise for at least 15 years to my knowledge and probably longer, maybe one day it will change its spots but i have no reason to believe so. be careful. at least you are posting on the correct thread.courtesy and photocal cost nothing and go a long way. good luck to you.
regards
jkd

jkd

re -this share has been a rampers paradise

Everybody has its opinions, and mine are clear, hoping others can make money like me. Spoting a SHARE when is ready to move is good business for the short term punter, I use this system now that the economy and the market is not in a good shape.

The case is not if I posted on the right place but if my reasons are "CORRECT" and the share price does its works like it has today.

regards

thanks MRSI
for making it clear that this is for short term punters(gamblers) and not one for investors.
regards
jkd

MRSI
lets see where this price is in say 3/6/9 months time. who will do the mickey taking and gloating? not i, of that you may be assured.i'm wrong too often. when you grow up you might also be able to admit to it. being wrong and lied to that is.
regards to you
jkd

jkd

a lot of people (not me!) on these threads only buy shares for very brief period.....even a week is long time for some like justyi, mitzy, hyleo, big al etc.....and these are the people that post lots on the threads

if MRSI makes big gains in a week then good luck to him.....or in a year.

jkd

My chart last Monday was a clear signal that is short term as I was signaling when to buy and when to sell.
On times like know were no one knows yet what is the future for the economy, short term is the best using Indicators, instead of UPTREND for LONG term Investment.
As share price is over 200 days, the long term investment can be applied also

It went higher after 3 good buys, but the "AT" is not being activated yet though the MMs are trying lowering the bid
from time to time, so another 17.25p "AT" is taken UP by the order book ( last one was yesterday)

At the moment the spread is 17.50 / 18.25p

18 - 19.50p +1.50p +8.70%

share price has moved higher though the "AT" has not been activated and show as yesterday closing price, not at moneyam as it goes by middle price

link to trades .. plus market trades

It looks like PHTM are trying to diversify into a small scale energy production

link http://cleantuesdayparis.fr/media/files/Power-Me.pdf

Another 2 large trades after hours, 9.3M and 5.7M = 15M @ 13p each

well news today of the dumping 15,030,000, but someone must be buying it also ........ so news soon again about the buyer.......

Bank of New York

5. Date of transaction (and date on which the threshold is crossed or reached if different): 29/05/2009

before
50,028,429 -- 14%
now
34,988,429 -- 9.73

The buyer of 10.8M

Dan David Foundation Managest Ltd

36,779,318 before 10%

47,579,318 --- | 13.2% after

On the move UP today after the masive trades lately, there is buying at " plus market" and a few "AT" trades at LSE that move the price higher even with a "UT"


link to trades .. plus market trades

Photo-Me makes progress

Photo-Me said pre-tax profit on continuing operations improved by 7.9m to 1.6m in the year to April.

Net cash generated from operating activities was up 14.9m (65%) to 38.1m (2008: 23.2m).

EBITDA was up 5.6m (17%) to 38.6m (2008: 33m) and net debt almost halved to 23.5m (2008: 45.6m).

Revenue on continuing operations, pre-exceptionals, was up 17m (9%) to 210.5m (2008: 193.5m), while operating profit improved by 7.6m to 5m (2008: loss of 2.6m).

Pre-tax profit improved by 7.9m to 1.6m (2008: loss of 6.3m) and
reported pre-tax loss on continuing operations, post-exceptionals, was 5.1m (2008: 20.9m).

The total loss from continuing and discontinued operations was 17.7m (2008: 19.8m).

Operating profit increased to 12.1m (2008: 9.1m) or, at 2008 exchange rates, 10.3m.

Revenue increased by 12% to 166.1m, benefiting from the weakening of Sterling; at 2008 exchange rates, it reduced by 3% to 144.4m
Digital media kiosks, a key element of the Group's diversification strategy, performed well, especially as credit card payment facilities were increasingly installed.

Sales of retail photographic equipment severely impacted by the credit crunch.

Operating loss was reduced to 5.2m (2008: 7.1m) or, at 2008 exchange rates, 4.4m.

Revenue was virtually unchanged, at 44.4m, also benefiting from the weakening of Sterling; at 2008 exchange rates, it reduced by 12% to 39.1m.

Imaging Solutions, the wholesale lab business, is treated as discontinued, reporting a 6.9m trading loss and further 8.1m non-cash write down of assets to their expected realisable amounts.

Thierry Barel's departure date has been agreed as 3rd July 2009 and a search for new CEO is well advanced.

Serge Crasnianski, a non-executive Director since 6th May 2009, becomes Deputy Chairman and is to act as interim CEO.

John Lewis becomes Senior Independent Non-executive Director
Dan David returns to the Board in a non-executive capacity.

Hugo Swire, Chairman, stated 'The year to 30th April 2009 saw some considerable achievements, in line with the strategy presented in July 2008, despite the worst economic conditions for many years. In particular, EBITDA and operating cash flow both improved strongly, and net debt almost halved. On continuing operations excluding exceptionals, last year's loss was transformed into profit.

In the absence of a further material deterioration in market conditions, the Board's objective is a further improvement in the outcome for the year, on continuing operations before exceptionals. It also confidently predicts a further material reduction in indebtedness.'

Market like the results yesterday and moving higher again this morning 19p +1p
Could go to 21p before retracement

PHTM 18p

INVESTORS CHRONICLE today

Company results

Buy Photo-Me International

DO NOT BUY THIS STOCK.

XSTEFFX

RE - DO NOT BUY THIS STOCK.

DO YOU HAVE ANY IDEA OF SHARES AND HOW VALUATION WORKS?

For the last couple days have bounce after the usual profit taking ( retracement )

It looks like you just open your mouth at the bottom, so you just got a good kick at your ARSE.

JOKE OF THE DAY

MoneyAM Username: XSTEFFX
Location: MIDDLESEX

It seems you are not even good at SEX
You are only a Middle SEX

Photo-Me profits up

Photo-Me said revenue and underlying pretax profit increased in the first-quarter to end-July.

Revenue from continuing operations and underlying pretax profit both increased, albeit benefiting from the weakening of Sterling against the Euro and the Yen.

Net debt decreased in the quarter.

The disposal of Imaging Solutions, the Group's loss-making wholesale photo-processing labs manufacturing business, completed on 31st July 2009, having obtained shareholder approval at the previous day's EGM. Imaging Solutions was treated as a discontinued activity in the financial statements for the year to 30th April 2009.

As stated previously, with effect from 29th June 2009, new EU passports contain biometric data. In France, state provision of on-site photography is the norm, with a minority of town halls opting out. In the UK, the private sector will provide the biometric data enrolment service.

Photo-Me proposes to provide a further update on trading and outlook at the Company's AGM, which will be held on 29th October 2009.

WELLDONE

Thursday, October 22, 2009
Naked Trader tops up in Photo Me,

Mega volumes have been going on at Photo Me (PHTM) so I bought some more, this time a
further 10,000 at 38p. After initially disappointing and going down after I bought in in the low
30s it's having some very strong days and it looks like stakebuilding. And for that reason I went in for some more.

They actually went all the way to 45 yesterday but back to 40 today. My nose tells me
something is going on here. Most investors just won't buy a share they bought recently at
a much higher price than they bought before. But, hey, I just don't care!! Target 55 stop 32.

A higher intrady earlier on at 46.25p

Is surely going places since the bounce

Starting to pick up again here on known good results. Q3 which is the poorest quarter has been profitable and phtm are generating a shed load of cash. Higher levels to come I suspect.

Looks like this broker report upgrade from 16th has been missed......

http://www.hardmanandco.com/Research/Photo-Me_June2010.pdf

Photo Me International 34.5p
Surprise Statement - Upgrade
16 June 2010

The surprise Trading Statement from Photo-Me International
prompts our fifth consecutive upgrade on this very interesting
company. The news that profits for the year to end-April 2010
will exceed expectations by at least 20% - leads us to
UPGRADE our current year profit forecast from 10.5m at the
pre-exceptional adjusted pre-tax level to 12.9m.
Information from the company is necessarily very limited
because it is in close period ahead of the July 7 results
announcement, but our reading of the situation indicates the
following key points:
Foreign exchange. We expect Photo-Me to have an
average Euro UK Pound exchange rate for the year
of 1.13, an improvement on the 1.19 of the previous
year (and somewhat more favourable to the group than
the current Euro 1.20 = UK1). 48% of revenue in 2009
came from Europe and a further 18% from Japan
where currency movements were similar.
Cost savings, which we put down to the return of Serge
Craskianski as Chief Executive.
An improved performance by KIS i.e. the Sales &
Servicing Division where we know there has been a
great effort at cost reduction. We think this also means
that early sales of the new Photo-Book model in France
may have been better than we expected.
Successful re-siting of photo-booths and other
machines into higher throughput locations. In particular,
Photo-Me suffered at the end of the previous year from
the failure of Woolworths in the UK.
We are upgrading also for the new financial year, to April 2011.
If current rates are maintained, currency will be working against
Photo-Me, however. Also, in H2 2010/11 Photo-Me will have as
its comparative what has clearly been an improved Winter and
Spring in 2009/10. So we are keeping our 2011 upgrade
modest.
Overall though, this company is trading on an EV/EBITDA of
2.5, at the bottom of its trading range of 2.5-3.5.
Share Price: 34.5p
Q3-2009 Q4-2009 Q1-2010 Q2-2010
Source: Fidessa
10
15
20
25
30
35
40
45
50 PHTM PHOTO-ME INTL. ORD 0.5P
.UKX rebased to PHTM
12m High: 45.5p
12m Low: 14.75p
Market Cap: 125m
Shares in Issue: 360m (368m inc. shares held
in Treasury)
NAV/Share: 22p inc. intangibles
Gearing: 4%, 3.1m net debt at 10/2009,
expected to be cash positive for 4/2010
Interest Cover: 8.8X at Interims
EPIC Code: PHTM
Sector: Leisure Goods
Market: London Full List
Broker: JPMorganCazenove/Evolution
Securities
PR: The Madano Partnership +44 (0)20 7593
4000
Website: www.photo-me.co.uk
Description: Photo-Me operates photobooths
and other vending equipment throughout Europe
and Japan. It also manufactures printing kiosks,
photo album machines, minilabs and other
photo processing equipment. The co. services
equipment for itself and third parties.
Analyst: Roger Hardman
Tel: +44 (0)20 7929 3399
Email: research@hardmanandco.com
Y/E Group
Sales
Adjusted
EBITDA*
Adjusted
Pre-tax
Profit*
Adjusted
EPS*
EV/
EBITDA
P/E
ratio
Divi
Yield
April m m m p. p. %
2008A 193.5 36.5 -6.3 -1.8 3.7 - - -
2009A 210.5 38.6 1.6 0.2 3.5 174 - -
2010E 226.8 44.0 12.9 2.4 2.5 14.5 0.5 1.5
2011E 224.5 44.0 13.4 2.4 2.2 14.5 0.75 2.2
* Before exceptional items
Leaders

Results this Wednesday

Published Date: 04 July 2010 -- By Martin Flanagan -- City Editor

PHOTO-ME, the photo booth maker fined 500,000 earlier this month by the Financial Services Authority for making misleading statements to the market, will continue its bridge-building efforts with the City this week with an expected hike in annual profits.

The company, which at one time became known for its serial profits warnings, incurred the "largest fine of its type" on 21 June for retaining vital trading information that led to what the regulator called "a false market in Photo-Me's shares for 44

The FSA said the firm had information in January and February 2007 that it was no longer in exclusive discussions for a contract for its "minilab" processing equipment and that minilab sales were below expectations. But Photo-Me did not issue a profit warning until 2 March that year.

However, Photo-Me is expected to show a continued trading resurgence when it reports annual results this Wednesday, having said in an update earlier this month that it expected full-year underlying pre-tax profit to be "at least" 20 per cent ahead of market expectations.

Broker Hardman & Co said that following this guidance it had upgraded its profit forecast to 12.9m from 10.5m on sales of 226.8m, with a dividend payment of 0.5p restored. There was no shareholder payout the previous year when Photo-Me made a profit of 1.6m on sales of 210.5m. Analyst Roger Hardman said in a recent note that he expected an improved performance from KIS, the company's sales and servicing division, "where there has been a great effort at cost reduction".

The note said that the company had probably benefited from the "successful re-siting of photo booths and other machines into higher throughput locations. In particular, Photo-Me suffered at the end of the previous year from the failure of Woolworths in the UK".

Hardman said the group would also have benefited in the year to end-April from more beneficial exchange rates between sterling and the euro, with 48 per cent of the company's revenues in 2009 coming from Europe.

Photo-Me said after the regulatory ruling that it was disappointed with the size of the fine and that the FSA had underestimated the difficulties the company faced in updating the market on the possible outcome of the contract negotiations. It said it would not appeal as it was "not in the best interests of shareholders to incur further legal costs"

Some interest on the share this morning ahead of results tomorrow. Many more trades than lately and share price at 34.25p

35 / 36p +2.50p

is now on the move up as volume pick up

Plus market trades

Announces its results for the year to 30 April 2010.

Turnover up 5.7% at GBP222.5million (2009: GBP210.5million) and by 0.4%
on a constant currency basis
� Adjusted Operating Profit up 201% at GBP15.1million (2009: GBP5.0million)
driven principally by a strong turnaround in the sales and servicing business
� Adjusted EBITDA increased by 15% to GBP44.2 million
� Adjusted Pre-tax Profit of GBP14.0 million, up from GBP1.6 million
� Pre-tax Profit of GBP9.3million compared to a loss of GBP5.1 million in
2009
� Cash position improved by GBP31.6 million leaving net cash balances of
GBP8.1 million
� Dividend restored
� On 6th July 2010, rental agreement on building in Grenoble renewed with
EDF generating rental income of around GBP10 million over 9 years

RESUME

Photo-Me triples adjusted operating profit , resumes final divi

Instant service equipment group Photo-Me International restored its final dividend after reporting a 201% increase in adjusted operating profit for the year to April 30 to 15.1m from 5.0m.

Turnover was up 5.7% at 222.5m from 210.5m, by 0.4% on a constant currency basis.

Adjusted pre-tax profit rose to 14.0m from 1.6m.

Reported pre-tax profit after 4.8m of exceptionals was 9.3m, compared with a loss of 5.1m in 2009.

The group's cash position improved by 31.6m, leaving net cash balances of 8.1m.

It recommended a final dividend of 1p a share, making a total for the year of 1.25p.

Chairman John Lewis said it had been a year of 'continued positive change and progression' for Photo-Me.

'We have seen a further step change in our financial performance with a considerable improvement in adjusted operating profit, principally driven by a significant turnaround in our Sales & Servicing business.'

He added, 'Looking forward, the business has a clear plan to improve its substantial core photobooth operations through an active management programme to increase the number of sites we operate by optimising their locations and continuing to bear down on associated costs.

'Moreover, our strategy to develop complementary products that build on our photobooth strength but offer new diversified streams of revenue and profit growth is continuing to take shape.

'In particular, the continued development and market interest in our award-winning Photobook Maker provides a good opportunity for the future.'

Sales & Servicing divisional sales were up 7.2%, with a 7.8m improvement in the division's operating result.

The group's Operations business produced 'a very creditable performance given continuing difficult market conditions'. Turnover for the division was 1.5% lower but operating profit improved by 30% as costs were contained.

Disposal of Imaging Solutions, the loss-making wholesale photo-processing labs business, was completed in July 2009.

Corker of a new update and results.

Broker Hardman upgrade........


http://www.hardmanandco.com/Research/Photo-Me_9July2010.pdf

From Pro TAer Zak Mir posting earlier this morning.......

Zak Mir



Reged: 28/06/07
Posts: 1339
Re: Photome
#467455 - 14/07/10 08:06 AM Edit Reply Quote



Multiple support points for PHTM AT 30p since February suggests that while above the 200 day moving average at 36p the upside for the stock should be post December resistance above 45p on a 3 month view.

Post Extras:

Many will cash in on results

Lots of upgrades and cash machine, this looks to be getting on the radar more now

Finally breaking out here. Excellent results from H1 and more upgrades. Awash with cash and new strategies coming to fruition. Looks dirt cheap.

Good performance today with sustained rise at the close. Volume improved too.

Looking good after the strong start of the day, it finished much better

The spread on this stock always deceptive, that and market makers moves but clearly a few more picking up on how undervalued phtm is and what a cash generating machine it is. Apparently tipped in Momentum Investor, not that I subscribe to it currently, though have in the past.

mini chart breakout coming?? Happy to buy dips in this. Added.

Market Movers - Top risers and fallers between 13:00 and 14:00

Overall Market
SEAENERGY ORD 10P 29.25 9.35%
ANGEL MINING ORD 1P 5.13 5.13%
PARTYGAMING ORD 0.015P 313.70 3.60%
PHOTO-ME INTL. ORD 0.5P 43.50 3.57%
JOHNSTON PRESS ORD 10P 18.00 2.86%

On a higher BREAKOUT as it goes over the Intraday high last December

Great move of late, won't be too long before investors wake up to the growing cash mountain.

Grey - yes the penny is dropping.........huge potential now the insider dealing cock up has been sorted multi bagger in the making!!!!!!!imho

I think so and with growth coming from China we could rapidly head higher in the coming months. No real resistance now until 80p ish.

65.50p +6.25p

Photo-Me starts strong

Photo-Me said it is pleased to report a very strong start to the year, with results ahead of both the comparable period last year and management's expectations.

All three geographic areas have done well, with a much improved performance in the core Operations business being of particular note despite little change in the overall trading background.

The Group has launched the Pocketbook (a new photobook maker) and has now secured two orders totalling 550 machines from two major OEMs, with delivery expected to commence in two to three months' time. This is an encouraging start and the Group continues to seek further orders with a range of relevant OEMs.

In a week's time, the Photokina show (the world's largest fair for photography and imaging) will take place in Cologne and the Group will be showcasing two of its new products. The first will be a combined photobook and Xerox machine, designed for the US market. The second is the Photobook Builder which is designed for use in conjunction with digital minilabs, the installed base of which worldwide is around 100,000. The Group believes both products have significant potential.

The results thus far build on the improving trend from the last financial year and this is mirrored in a further strengthening of the net cash position on the balance sheet. The Board believes that the Group is well-positioned for further growth.

a good riser today

Top risers and fallers between 12:00 and 13:00

PHOTO-ME INTL. 73.25P + 7.72%

A higher BREAKOUT after yesterday's rise

Not sure if anyone has picked up on this, from telegraph online yesterday. I wonder if this has spooked a few people? From reading it I dont think that PHTM have lost anything, more that they think they could have won the contract had it been tendered.

HomeFinanceNews by SectorTransportPhoto-Me taking DVLA to court over driving licence contract

Photographic group argues it should have been allowed to tender for 71m contract that was awarded to the Post Office.

By Sarah Limbrick
Published: 7:03AM GMT 01 Nov 2010

Comment

Photo-Me International
Photographic company Photo-Me International is headed for a High Court showdown with the Transport Secretary in a row over driving licences.

The DVLA has awarded a huge contract for photos on driving licences to the Post Office, but Photo-Me argues it should have had a chance to tender for the project.


Photo-Me only discovered that the 71.25m contract had been awarded to the Post Office after making inquiries under the Freedom of Information Act 2000.

The value of the contract is based on use by 75m customers over five years, at a cost of 9.50 per transaction, according to a High Court writ. The DVLA has had a long-running relationship with the Post Office for renewing car tax discs as well as driving licence checking services.

In May this year the DVLA, an executive agency of the Department for Transport, decided to vary the original contract, to include taking and emailing photographs and electronic signatures for driving licence applications, for another five years.

Photo-Me, which runs photo booths across the UK, contends that the contract was awarded without advertising, without carrying out any competitive tenders, and without seeking tenders from other operators.

This, says Photo-Me, was in breach of the Public Contracts Regulations 2006, and in breach of a duty to treat the company equally, in a non-discriminatory way, and to act transparently.

Court documents say Photo-Me became suspicious that DVLA and the Post Office might have entered into a contract for photocard services on April 21 and its fears were reinforced by a conversation with a Post Office representative a day later. It was confirmed by letters from DVLA following requests under the Freedom of Information Act 2000.

Photo-Me argues that it has lost profits it would have made if awarded the contract. The company has instructed James Levy of Lewis Silkin to act for it.

Cracking trading statement and a solid day.

12 November 2010

Photo-Me International Plc ("Photo-Me" or "the Group")
Change of Adviser

Photo-Me (PHTM.L) is pleased to announce the appointment of finnCap Limited as
joint broker with immediate effect.

Goldfinger

we could do with a couple charts on the top thread

---------------

She is on the turning today

Lifted this from across road...

I like the look of the PHTM (photo me) chart. MACD points to a strengthening of the share price. RSI looks favourable also.

cielo........ have done C, ie, charts at top of thread.

cheers

Shares magazine

On today's issue saying Buy PHTM Shares mag
-----------------

Indicator Slow Stochastic at oversold and volume rising, sure time for a top up, must be ready for a reversal, spread 60 / 62.75p
today share price 60p was the bid price, meaning is the lowest price to move from.

She was also Tipped in the IC as a buy and postive coverage issue 17th - 30th Dec 10

And I said yesterday, the bottom was yesterday on the chart as the bid price has steadyly move higher, opening at 60p then 60.25p next 60.50p then 60.75p and at the moment the last trade was withdrawn and raise to 61p by the order book itself.

offer at 62p with 6K next is 64.25p

On the way up, bid at 62p v offer at 64p

Consolidating the rise with havier volume almost 500K

something going on????

I don't think so, games between 50 and 200 dma. Oversold imo

something afoot.

nearly a million buys this morning,
125 sold

Much better volume - a steal at these prices.

10% rise today, moving up firmly after encroaching on 200dma.

Since Wednesday ( large volume ) is on the way up again and today with hardly any volume finished the best since 58.25p +1.25p

Following the annoucements last week, still dirt cheap here and long overdue a reversal of the late downward trend. A big cash mountain representing a high % of market cap. Great for growth in China.

I agree entirely with your comments, but totally out of market favour.
Bought at 75p and still holding.

Results imminent and the cash keeps coming in - this has to be DIRT cheap, doubling up.

re my post 183,

still holding,

Great day today, doubled my holding on large volume. Roll on the results and keep the cash mountain growing. If the price doesn't adjust fast they'll be ripe for a takeover.

Results this week which should underline the dirt cheap value on Photo-Me. Will be good to get an update on the different areas of business. We know there have been orders coming in for the Photobook product so perhaps we'll learn just how well the different divisions are now performing.

Great results:

Turnover down 1.2%
22% increase in adj op profit driven by strong performance in operations divisions
Ebitda increase by 7.5% to 47.6m
pre tax profit up 95%
Net cash 40m
Increase in divi by 60%
Deginer booths with social network technology
Licence to operate in Beijing


This should create a rocket behind them!

hope so greyhound,

Next port of call 80p?

the fundamentals say that but in this market who knows?

Bursting into life before results tommorow.

PHTM PHOTO ME

Chart looking in good nick
ready for results tomorrow...

52 week breakout..

PHTM Photo Me


Not many brokers covering this
one but here goes........

Date Company Name Broker Rec. Price Old target price New target price Notes

14 Sep Photo-Me... Finncap Corporate 57.13 86.00 - Reiterates
28 Jun Photo-Me... Finncap Corporate 57.13 86.00 86.00 Reiterates
09 Dec Photo-Me... Finncap Corporate 57.13 86.00 86.00 Reiterates
08 Dec Photo-Me... Finncap Corporate 57.13 86.00 86.00 Reiterates
30 Jun Photo-Me... Finncap Corporate 57.13 86.00 86.00 Reiterates

86p SP TARGET.

Brilliant results.....


Operational Highlights



· Pre-tax profit up 17.4% (25.9% in CC) despite revenue decline of 7.1% (2.1% in CC)

· All 3 geographic regions increased profits; individually, Germany, Switzerland and Japan outstanding

· Sales and Servicing division returned to profitability

· Formal launch of new coin-operated laundry machines; strong growth anticipated

· Net cash position of £70 million, an increase of £18.2 million since year end

· Interim dividend increased by 20% to 1.5 pence per share

· Board to consider additional returns to shareholders


http://www.investegate.co.uk/photome-intnl

Outlook

The profitability of the business has improved and cash flow remains strong. In addition, we are about to introduce more widely coin-operated laundry machines, which we believe have substantial potential in the medium-term and will be less impacted by the prevailing economic climate. We look to the future with confidence and we will be considering the options for increasing shareholder returns.



As to the present, as we always point out, the first half is seasonally the stronger for Photo-Me in terms of profits and we expect this certainly to be the case again. However, the Board remains confident of good progress over the year given that the level of profits in the first half broadly matched the outturn for the whole of the previous year.



John Lewis,

Non-Executive Chairman

An absolute BONUS.... didnt see
this one coming....

· Sales and Servicing division returned to profitability

Excelent...........


· Net cash position of £70 million, an increase of £18.2 million since year end

· Interim dividend increased by 20% to 1.5 pence per share

Sorry guys but given the recent rise its fully valued. I also see danger in washing machines. Imho

"One of Photo-Me's great strengths is innovation. After almost three years of testing and trialling in France and Belgium, our new laundry product is ready to be aggressively rolled out. If the results achieved to date are repeated on a much larger scale, we anticipate this product will become a significant contributor to profits within three years"

"We continued to generate significant levels of cash in the period and the net cash position at the end of October was £70 million, an increase of £18 million since the end of April. We are therefore increasing the interim dividend by 20% and, during the second half of the year, the Board will be considering the options for returning some of this cash to shareholders"

Stick to what you know there is danger in diversification.

BRIEF-Photo-Me confident on year progress07 December 2012 07:02, updated 07 December 2012 07:34 LONDON, Dec 7 (Reuters) – Photo-Me International PLC :

•Remains confident of good progress over the year
•H1 pre-tax profit up 17.4% despite revenue decline of 7.1%
(London Equities Newsroom; +44 20 7542 7717)

(For more news, please click here [PHTM.L])

Pre-tax profit up 20 per cent at Photo Me
Fri 07 Dec 2012

PHTM - Photo-Me International

Latest Prices
Name Price %
Photo-Me International 59.50p +3.48%

FTSE All-Share 3,087 +0.06%
FTSE Small Cap 3,316 -0.02%
Leisure Goods 0 0.00%

LONDON (SHARECAST) - Instant service equipment group Photo Me experienced a 17.4 per cent increase in pre-tax profit despite a decline in revenue, according to its half-yearly results published on Friday.

The small cap company, which has a market capitalisation of £208.43m, demonstrated strong results with pre-tax profit rising to £20m in the six months to October, compared to £17m in the corresponding period last year.

Revenue fell 7.1% to £107.4m from £115.6m a year earlier and the dividend rose 20% to 1.5p from 1.25p.

John Lewis, Non-Executive Chairman of Photo Me, said: "The group has again traded well in what is traditionally its stronger half and delivered a record result, despite a currency headwind. A growing estate, tighter management and lower costs have all contributed to this with notable improvements in Germany, Switzerland and Japan and another very good performance in our largest market, France.”

He added: “In addition it is pleasing to report that the sales and servicing division, whilst smaller than it was, has returned to profitability after an extended period of restructuring”.

The group’s net cash position at the end of October was £70m, an increase of £18m since the end of April.

The company is currently preparing to introduce coin-operated laundry machines more widely, which it expects will have “substantial potential in the medium-term”.

MF

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=20551141

A very quick glance at Photo-Me (PHTM) results looks impressive - profits up, and tons of cash. Might be worth a further look when time permits? However, bear in mind that it's a seasonal business, with H1 the much stronger half, so don't make the mistake of assuming that you can double interim profits to estimate the full year! (as that would generate a falsely optimistic result).

Paul Scott ‏@paulypilot
#TMFPP http://paulypilot.blogspot.com/2012/12/fri-7-dec-inl-arta-bvm-sid-phtm.html?spref=tw …

I did warn you!!

Nothing to do with diversification.

Some were looking for a one off special divi.

Got a full note from Finn cap and
they have upgraded this morning.

Very bullish note.

Long termers will profit.

Still probably get a one off divi at sometime but not what I want or others for that matter.

Better acquiring.

Last chance to buy this Gem before going ex Special Dividend tomorrow

Trading update this morning ahead of market expectations WITH MORE TO COME. See RNS.

The first of many updates and I reckon upgrades

06 Mar 2014 Photo-Me... PHTM Finncap Corporate 0.00 140.00 165.00 165.00 Retains

SP Target 165p

Been going great guns, after several years I've taken quite a bit off the table but probably further to run.

Hardman & Co ‏@HardmanandCo
Photo-Me trading ahead of expectations, have raised our PBT forecast by £2m to £30m, we are now looking for 23% earnings growth FY14 vs FY13

Good update here, always keep an eye here after being a multi-bagger for me and toy with the idea of getting back in.

Got back in here, as benefits to come from Japan's ID cards and likely more special dividends as in the past.

When are the next results due..?

This is last year's schedule, so somewhere around the same dates:
10/12/2015 - Interim Results Announcement

25/6/2015 - Preliminary Results Announcement 2015

26/2/2015 - Trading Statement

4/12/2014 - Interim Results Announcment

Thanks for that Harry.

Break-out.

Cmon Cmon Photo get to where you belong .

Upbeat forecast of £40 mill this year.

Q3 turnover up 11%, profits increased by 90%. Pretax profits in excess of £40m, may be higher if Japan strength continues.

About time this really took off , trouble is tends to drift down after news .

New broker note and we are moving up . 1.85 target .

superb chart here.

PHOTO-ME INTERNATIONAL PLC – INTERIM RESULTS ANNOUNCEMENT
9 DECEMBER, 2014
Excellent first half performance

Photo-Me International plc (‘Photo-Me” or “the Group”), the instant service equipment group, announces its results for the six-month period ended 31 October 2014.

Please visit http://investor.photo-me.com/ for the full report

Financial Highlights

Turnover returned to growth of 0.9% on a constant currency basis.
Underlying pre-tax profits up 10% to a record £25.3m; up 17.3% in constant currency.
Underlying turnover and pretax growth restrained by a further decline in minilab business – effect expected to be much smaller going forward.
Net cash position of £64.7 million, despite increased capex and combined tax and dividend payments of £14.5m (net of sale of land).
Interim dividend increased by 30% to 2.34p in line with the Group’s commitment.

Operational highlights

Photobooth estate growth of 5.2% year-on-year, with growth above 5% in all major operating territories.
744 Revolution laundry units deployed at end-October – 374 retained operating units performing well.
Laundry manufacturing expansion remains on track.
Promising new product pipeline including new digital printing kiosk and supermarket carwash.

John Lewis, Non-executive Chairman, said:

“Against a global economic background which remains uncertain, and despite large adverse movements in our major trading currencies, the Group has produced another very strong performance and delivered another record profit.

Significantly, after a number of years of declining turnover due to the rapid downturn of the minilab business, this half-year saw a return to underlying top-line growth. This was principally due to a 5% expansion in photobooth numbers and also our still small – but rapidly growing – laundry business, which at the half-year comprised some 3% of Group turnover.

Our profits once again moved ahead strongly. Our estate enjoys high operational gearing and as previously described, we have made good progress on costs especially in reducing significantly the manufacturing costs of both our photobooths and laundry units, by outsourcing to China and Hungary respectively.

Our cash generation remains a key strength and the net cash position at the end of October 2014 was £64.7 million, an increase of some £1.6 million since the end of April 2014 after financing (net of sale of land) tax and dividends of £14.5 million and increased capital expenditure. We are therefore increasing the interim dividend by 30%, in line with the commitment that we made at the time of our preliminary results.

The momentum in the business is good and it is performing very much in line with the Board’s expectations. The Board remains confident for the outlook of the business over the rest of the year and remains optimistic about future prospects especially in relation to the opportunities for our laundry business supported by our new product development.”

Headline turnover declined by 4.9%, again principally due to the adverse impact of exchange rates and to the continuing decline in minilab sales, but on a constant currency basis rose by 0.9%, helped by a particularly strong performance from our Japanese business. The increase in underlying turnover is the first the Group has recorded for some time and the Board is confident this can be maintained going forward as the Group expands its laundry business in particular, which contributed £2.9 million of turnover in the half year.

Profits rose strongly – up on a reported basis by 10.0% to £25.3 million – and this was after adverse currency movements against the euro and yen amounting to £1.7 million. Underlying profits thus rose by 17.3% helped by the operational gearing inherent in the business as lower manufacturing and corporate costs continued to feed through.

Strategy

Our strategy is focused on the development of new complementary products that build upon the strength of the ID photobooth business and offer diversified revenue and profit streams for the future. This has produced the Philippe Starck-designed photobooth and the Revolution laundry units in the recent past and our new product pipeline, detailed below, is looking promising.

We have also sought to reduce our costs progressively to improve margins and cashflow. We have made strong progress on this in 2014 following the outsourcing of manufacturing of our Revolution laundry units and photobooths to Hungary and China respectively.

We are now focusing on rolling out our Revolution laundry product aggressively and will increasingly focus on developing new markets for the photobooths, facilitated by the reduction in manufacturing costs.

Dividends

In line with the commitment that we made at the time of our preliminary results in June 2014, the Board is declaring an interim dividend of 2.34 pence per share, an increase of 30% over the interim dividend of 1.8 pence per share paid last year.

The interim dividend will be paid on 14 May 2015 to shareholders on the register on 7 April 2015, with an ex-dividend date of 2 April 2015.

Outlook

The momentum in the business is good and it is performing very much in line with the Board’s expectations. The Board remains confident for the outlook of the business over the rest of the year and remains excited about future prospects especially in relation to the opportunities for our laundry business supported by our new product development”.

John Lewis
Non-Executive Chairman

Date Broker New target Recomm.
9 Dec finnCap 215.00 Corporate
7 Nov finnCap N/A Corporate
4 Nov finnCap 185.00 Corporate
20 Oct finnCap 185.00 Corporate
23 Aug Canaccord... 168.00 Buy
23 Aug finnCap 185.00 Corporate
10 Aug finnCap 185.00 Corporate
21 Jun finnCap 185.00 Corporate
8 Apr finnCap 185.00 Corporate
26 Feb Canaccord... 180.00 Buy
Broker Recommendations for Photo-Me International

Excellent results and a 20% hike in the interim dividend - I'm surprised it's not risen more today.

From accross the road. Stockopedia.


Small Cap Value Report (9 Dec 2016) - PHTM, BJU, ABDP
Friday, Dec 09 2016 by Graham N 9 comments
38




Photo-Me International (LON:PHTM)


Share price: 166p (+7.7%)
No. shares: 375.5m
Market cap: £623m

Interim Results (for the six-month period ended 31 October 2016)

584a6f1b1a75aPHTM_20161209.PNG

A bullish report this morning from this vending machine operator (photobooths, printing kiosks, laundromats, and more).


Note the huge tailwind from currency movements. UK/ROI revenues are only about one quarter of total revenues (the rest primarily coming from Continental Europe and Japan), so the move in Sterling produced a windfall of additional profits.

Outlook: It is no surprise that the shares are bouncing, given the following outlook statement.

The Group's performance for the first half was ahead of the Board expectations and the Board therefore now expects the Group's profits will significantly exceed current market expectations for the financial period ending 30 April 2017. The Board continues to be optimistic about the Group's future prospects.

Revenue analysis: The number of vending units increased by 3.4% to nearly 47,000. Photobooths are 60% of the entire estate, and are growing at a slower rate. Instead, the primary growth driver is laundry units, whose numbers increased by 51%.

Profit (at constant currency) is growing at a slightly faster rate than revenue, which is growing at a slightly faster rate than the total number of machines - these are all positive signs to me.

Dividend: Interim dividend is increased by 20% to 3.09p. This suggests a possible yield of 4.2% on the current share price (depending on the movement of the final dividend).

Net cash: £68 million, after making adjustments and deductions from £77 million of gross cash, with a very healthy balance sheet. Indeed, I would have argued that this was probably too much cash for the business to hold, but I note that it has already made three special dividends since 2012. So I can't blame management for not trying to keep the cash balance under control!

My opinion: I have been watching the Finance Director's presentation to Mello earlier this year, and have a very positive overall impression of the business. ROCE has been estimated according to my sources at an average of c. 29% over the past three years, which for me puts it in the category of a super-high-quality business (although it's true that these were all-time high performance levels for the business).

Prior to this morning, brokers were forecasting pre-tax profit for the financial year of c. £42.6. This will need to be revised higher now.

The question was raised at the Mello presentation - given that laundry machines and launderettes already went out of fashion, is it realistic to expect them to be a growth business in the future? A very fair question.

But I'd still happily pay a very high earning multiple for a business which can generate cash and economic returns like this one, even in the absence of rapid growth.

19 Dec 2016 Photo-Me International PLC Serge Crasnianski 1,934,644 156 3,013,208

What's going on? Falling like a stone this morning and no news that I can see....

Is it to do with the changes to passport photo requirements?

Is it curtains for photobooths? New Home Office rules lets travellers use pictures taken on their smartphones for online passport applications

There's also a Mail online on the 9th DEC saying Photo booths wil soon be able to send Passport applications directly to the Home Office says Photo Me . who to believe .

Must have seen this coming, you would think. Need to issue RNS pdq to reassure investors. Recent director share purchase looking a tad foolish otherwise. Chart looks way over sold. 140p needs to hold. Ex-Divi April.

I think Mobile phone application is going too far .

RNS out to answer drop .

Photo-Me notes fall in share price

StockMarketWire.com

Photo-Me has noted the fall in its share price today following media comment regarding photo ID regulations in the UK.

The company confirmed it has continued to trade in line with its expectation since its interim results announced on 9 December.

A statement says: "The company said it believes its latest technology represents a major growth opportunity as the most secure photo ID solutions available and that accepting photos from mobile phones for official documents is incompatible with developing security requirements.

"Photo-Me's solutions have been adopted by ANTS (Agence Nationale des Titres Securises, a national agency linked to the French Ministry of Transport and issuing secured official personal documents) as well as by the Ministry of Foreign Affairs and Trade in the Republic of Ireland where trials are under way for photobooth secure online passport applications.

"Furthermore, it is currently in ongoing discussions with Her Majesty's Passport Office in order to equip its photobooths in the United Kingdom with the technology used in France."

At 3:01pm: (LON:PHTM) PhotoMe International PLC share price was -15p at 155.25p


Story provided by StockMarketWire.com

Photo-Me's Shares Are Under-Developed After Press Scare reckons Malcolm Stacey

Uncle Tom has said that Photo-Me (LSE:PHTM) is my favourite share. This is no longer quite true, but I do have a lot of faith (and money) wrapped up in the stock. However, the share price has taken a knock this week.

The reason seems to be a press story about the type of photos required for security purposes. In response, the share price of this company, which supplies and operates those little photo booths you find in shopping centres and bus and rail stations, took a dive. You would expect me to say - and I do - that this represents a buying opportunity. Though I won’t be putting my hand in my own pocket, as I already hold more than my personal ‘don’t over do it’ policies allow.

The company has quickly responded to the battered share price. It says it is already in talks with the British passport office to equip its booths in Britain to a (presumably higher) French standard. Photo-Me also claims that photos taken on your mobile phone will be ‘incompatible’ with security requirements, whereas its latest technology makes its pics the most secure available for id purposes.

One reason why I am not rushing to sell some of my stock is that the Photo-Me’s chief executive Serge Difficult-to-spell-surname put his hand in his pocket to buy himself a Christmas present of 4.9 million shares shares at about 57p a pop.

Would he have done that if the shares were likely to hit the skids? Only if he was raving mad, and all the indicators are that this is a shrewd cookie indeed. So once this bit of a set-back has passed, I expect the shares to continue their usual upward path.

Lovely CC .

He bought at 57p!!! How?

Good question Harry, don't shoot the messenger though :0)

I think that should read 157p........typo?

Serge Crasnianski, Chief Executive Officer, bought 2,892,607 shares in the company on the 20th December 2016 at a price of 158.00p. The Director now holds 84,610,701 shares.

Serge Crasnianski, Chief Executive Officer, bought 1,934,644 shares in the company on the 9th December 2016 at a price of 155.75p. The Director now holds 81,718,094 shares.

RNS id card rollout in Ireland passport .

Finncap has 215 target price on this today , and they put it down .

Super trading update today , this company does no wrong and gets slaughtered by MM's regularly , should be some upgrades but don't hold your breath on reaction .

This outfits been around a while.. A good trader by the looks of it's chart, whats the spread like usually?

It's a dam good company with increasing dividends and cash , the spread is usually small but with near criminal treatment by MM's .

Thanks,

"but with near criminal treatment by MM's ."

..In what way exactly?

On the 31st there were 3.5 million buys hardly any sells , yesterday similar buys to sells yet they dropped it nearly 6% .

Thanks again,

But so called buys and sells are not gospel are they.

The bigger trades are reported with delays which messes up the relationship between the aged trade and the current spread prices.

As these delays are pretty standardised, I have always thought they could be taken into consideration when writing a 'Trades Reporting Algorithm'.

But a trade is both a buy and a sell, as we all know.

Results out and as expected they are good , divi increase again and future looks good .

I see the thieves sorry MM's have dropped this over 7% ridiculous unwarranted and criminal .

Worry not it appears to be back into its trading range.

Worry not it appears to be back into its trading range.