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.

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.