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Photo-Me- 9% upgrade to forecasts

March 2016

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:
  • 182.5p
An outstanding update from Photo-Me with a potentially transformational development.As we said in our main write up last month, trading in Japan remained strong supported by the   start of the Japanese ID programme. Profits in the three months to January increased by 90% on a year ago and for the year to April profits will now be “in excess of £40m” (a 9% upgrade on the month) but Photo-Me adds that if trading in Japan continues to be strong during Q4, full-year profitability is likely to be higher. Possibly substantially so.Last month as a bit of a throwaway comment on new developments we pointed out that Photo-Me was working on rendering photographic images onto dolls. The future is clearly 3D ph ...

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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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