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.

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!