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Photo-Me - Trading ahead of expectations; sixth consecutive rise in forecasts

October 2010

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:
  • 75p
Photo-Me has reported a very strong start to the year,  with “results ahead of both last year and management's expectations.” What electrified the share price was Photo-Me confirming the deal we mentioned in the August issue of Sharewatch - that its Pocketbook, a new version of its Photobook Maker, has secured orders totalling 550 machines from two major OEMs. Photo-Me also said it will be showcasing two new products at the Photokina trade event in Cologne. One is a combined photobook and Xerox machine, designed for the US market. The second is the Photobook Builder, which is designed for use in conjunction with digital minilabs.We saw the sixth consecutive upgrade from Hardman during the month; the forecas ...

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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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