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.

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