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Photo-Me - Former chief executive adds to stake

March 2009

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
  • Price:
  • 12.25p
An announcement after hours on 23 February saw Serge Crasniaski, the former chief executive, announce that he has increased his stake by two percentage points from 19.8% to 22.18%. Crasniaski is a French national and clearly close to the current chief executive. Last month's profit warning failed to depress the price so as is often said about politicians, forget what they say, watch what they do. Keep buying. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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