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.

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.