image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates

Photo-Me - Slight delay to DKS2 minilab but going well

November 2002

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
At the AGM on 1 November, chairman Dan David reported that Photo-Me continued to make good progress in both its core areas. The coin operated photobooth operation is performing well in the three biggest territories - the UK (5,900 booths), France (5,500) and Japan (3,500).   In the professional photo developing equipment division, the high volume DKS2 digital machine, originally expected to move into volume production in October has been delayed slightly. It is therefore unlikely to contribute materially this financial year to 30 April but should register a material improvement next year. As we said in May, this is the trigger the market needs. Kodak alone has 4,000-5,000 of its leases on old analogue machin ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Photo-Me - Barnstorming results and special dividend (August 2022)
Photo-Me - Trading well ahead of expectations (July 2022)
Photo-Me - Photo-Me Finncap 105p share price target (April 2022)
Photo-Me (February 2022)
Photo-Me (January 2020)
Photo-Me (May 2019)
Photo-Me (August 2018)
Photo-Me (July 2018)
Photo-Me (February 2018)
Photo-Me (December 2017)
Photo-Me - Forecasts upgraded by 14% (January 2017)
Photo-Me - Broker in abeyance with no upgrade despite favourable Fx (November 2016)
Photo-Me (September 2016)
Photo-Me - Japanese programme to restart within 8 months (July 2016)
Photo-Me- 9% upgrade to forecasts (March 2016)
Photo-Me - Big beneficiary of pound sinking to seven year low (February 2016)
Photo-Me - Cash pile builds to £64.7m or 18p a share (January 2016)
Photo-Me - Dividend of 11.4p this year (July 2015)
Photo-Me - 2,000 Revolution laundry machines by year end (March 2015)
Photo-Me (January 2015)
Photo-Me - 700 laundry machines now in place (November 2014)
Photo-Me - 60% margin on laundry side makes for big swing factor (August 2014)
Photo-Me - Lowers manufacturing costs of laundry machines (March 2014)
Photo-Me - Becomes an 11-bagger for SCSW (January 2014)
Photo-Me - Becomes a ten-bagger for SCSW (October 2013)
Photo-Me- 62 owned laundry machines in place (August 2013)
Photo-Me - Unveils large scale coin opertated laundry (January 2013)
Photo-Me - Q1 pretax profits rise 25% (October 2012)
Photo-Me - Raises full year dividend by 25% (July 2012)
Photo-Me (April 2012)
Photo-Me - Cash pile goes to £51.1m (January 2012)
Photo-Me - Bumper year in sight? (October 2011)
Photo-Me - Earnings forecast lifted by 11% and Finncap sets 86p share price target (July 2011)
Photo-Me - Cash pile could double to £80m in a year (June 2011)
Photo-Me - Back to barely 3x cash earnings (April 2011)
Photo-Me - OEM orders for 5,000 Photobook Maker machines (January 2011)
Photo-Me - Planning significant increase in dividend (December 2010)
Photo-Me - Trading ahead of expectations; sixth consecutive rise in forecasts (October 2010)
Photo-Me - Rapidly piling up the cash (August 2010)
Photo-Me - Trading at 2.2x forecast cash earnings (July 2010)
Photo-Me - To exceed market forecasts (April 2010)
Photo-Me (January 2010)
Photo-Me - Moves to net cash position (December 2009)
Photo Me - New biometric stations as EU launches biometric passports (September 2009)
Photo-Me - Wholesale lab business put up for sale (July 2009)
Photo-Me - Debt continues to fall (April 2009)
Photo-Me - Former chief executive adds to stake (March 2009)
Photo-Me (February 2009)
Photo-Me - Debts reduce (January 2009)
Photo-Me - Cluster buying by seven directors (November 2008)
Photo-Me (February 2006)
Photo-Me (January 2005)
Photo-Me (July 2004)
Photo-Me (March 2004)
Photo-Me - Digital kiosks could be big business (February 2004)
Photo-Me - Demand continues to outstrip supply (August 2003)
Photo-Me - £10m profit expected next year (February 2003)
Photo-Me - Delivering Digilab orders to Kodak (January 2003)
Photo-Me - Still terrific cashflow (May 2002)

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe

SUBSCRIBE NOW