Photo-me Share Discussion Threads

[snadgey] 18/10/2016 20:18

Don't forget the ASDA purchase which, although high revenue, will probably be loss making in the short term. The company stated the FX movement should balance this, so I'm no expecting this years' profits to be greatly different to previous expectations.

[blueclyde] 18/10/2016 19:38

Was shocked that I was able to buy at 145p having watched this hit 180p in April thinking I had missed the boat. That was pre Brexit and the collapse in GBP. FX movements alone will put profits way ahead of what could have been expected pre Brexit when this was 180p a share. Don't understand this, 200p seems a safe bet short term.

[gleach23] 17/10/2016 15:43

The AGM date of 20 Oct has been on the Financial Calendar section of the company website for several months

[alphabeta4] 17/10/2016 14:16

The Times has PHTM down for both an AGM and trading statement on Thursday which would seem to make sense as it would be inline with previous years.

[pnetol] 17/10/2016 08:06

Look at the changes in the exchange rates between the pound and the Yen/Euro since their last reported results. 75% of their income is from overseas earnings.

[larva] 17/10/2016 07:59

Photo-Me has its AGM on 20th.

[larva] 14/10/2016 21:41

158p within a week imho

[sphere25] 14/10/2016 16:51

Interesting action toward the close there. Buyers starting to take control with the bulk of the discounted stock looking like it has been sold or fully sold.

That chart looks like it might be turning up too, and with the AGM statement on Thursday, expecting more buying pressure.

Looks very encouraging!

[prokartace] 14/10/2016 14:19

Gleach, tks for that, although I tend to wait for the divi cycle to come round again before I buy. Other more immediate inveatments to put my money in 1st. I admit I was tempted at 142p.

tks
Rich

[gleach23] 14/10/2016 11:29

I agree...a buy the dip time imo.

About time we had a Holdings RNS.

[sphere25] 14/10/2016 11:13

We were trading at 160 before the ex-div. 6.1p ex-div so fundamentally (and given no adverse news) the stock shouldn't have strayed too far away from 154.

Clearly the sellers are having to give a discount of 10p from the ex-div price to sell in size, with a fair bit shifted at 144, and a little further discount now with stock being shifted at 142.75. Even if it were Schroders, they won't be selling the lot, they have been doing it in batches, so once this allocation of stock has been shifted, we'll head back up again.

Grab the discount whilst it is there is my continued view.

[nigelmoat] 14/10/2016 10:17

Price being held back by someone still dumping large volumes. Crazy!

[larva] 13/10/2016 20:38

158p within a week imho

[eeza] 13/10/2016 18:22

Schroders will be well pleased.

[martinthebrave] 13/10/2016 17:36

Robbie Burns buying more feels like a very positive thing to me. Don't get the negativity?

[johnv] 13/10/2016 17:24

Most of his chimps will follow now, could be a good push up.

[breaktwister] 13/10/2016 17:09

The bald one is a longterm holder and it seems he bought more as per his update day

[joeall] 13/10/2016 16:27

larva,did he say buy or he bought! it's up to you to do your own research
no offence meant.

[gleach23] 13/10/2016 16:15

prokartace - you might be interested to read Naked Trader's update today :)

"So onto buys first.

We looked at Photo-Me (PHTM) at the follow up seminar on Monday as it had gone down and we figured it was selling after a massive dividend payout as stops got hit and others sold thinking something was wrong.

Indeed can be a good strategy to buy a share a couple of days after a big ex div. I bought on direct access at the sell price. Great management at this company and a massive cash pile hence the large dividend just paid out. Always a lovely buy on any dip. In for longer-term."

[breaktwister] 12/10/2016 16:21

Large buy order now at 144, congrats to anyone who caught the 136 this morning. I jumped the gun a bit but still happy to have added at this level

[opodio] 12/10/2016 15:52

get up u bestard

[chillwill] 12/10/2016 12:19

Strange one this; I bought around the brexit time in the 130's and sold at 159p after being happy with a 15%ish return in not a very long amount of time... but now it's getting cheaper, and the fundamentals are improving. Not a fan of fighting the market while it's sliding, but does seem to strange (insti dumping or not)

[pnetol] 12/10/2016 10:01

Lol that was meant to b a smiley face not a question mark.