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.

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