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.

Break out on the Chart.


Positive candidate (13 May 2003)
Has risen 169% since the bottom on 12 Nov 2002 at 14.50. Has broken the rising trend up. This signals an even stronger growth rate. The stock has support at 24.00.G

The break out was 2 months ago.

Dil that maybe the case from a TA point of view but the recovery is only just starting. Theres much more left in this one yet.G

These should jump soon IMO, next stop 60p - not in myself due to no free bucks. Was seriously overbought, now more stable, needs volume now to initaite lift-off.

Totaly agree, fc. 60p next stop.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????