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Photo-Me - £10m profit expected next year

February 2003

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • PHTM
Hardman has issued a note which forecasts a loss of £4.0m in the current year to 30 April. But with a substantial manufacturing contribution from digilabs now in full swing, the year starting in May will see a highly geared rise in profit to £10m (1.9p) or better. Hardman notes that Fuji is the only competitor (and one from which Kodak would never buy from!) whilst a small one, Gretag, has just been put into receivership. The market is suddenly wide open. Still a buy. ...

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