Photo-me Share Discussion Threads

[blueclyde] 20/10/2016 10:37

Added again well under the radar 200p target sensational growth

[sphere25] 20/10/2016 10:20

There was nothing in the forecast for Japan. There are delays and the market is well aware.

Those laundry numbers alone should drive a big re-rating, that's almost a tripling of the revenue!

How big is that business going to be on its own at such a growth rate?

Never thought I'd be this excited over laundry! Ha

[blueliner] 20/10/2016 10:10

Japan ?
One has to assume the roll out is proceeding ok otherwise should have been mentioned.

[sphere25] 20/10/2016 10:06

From the full year results:

"For the full year, the turnover of the entire laundry business units was GBP11.8m"

Today:

"The Laundry business has made significant progress with turnover increasing by 192% in the first four months"

192%!!

[silverfern] 20/10/2016 09:56

It's an excellent statement- The Group's cash generation remains very strong, trending ahead of last year's performance and this continues to support our progressive dividend policy. That's the bottom line!

[nigelmoat] 20/10/2016 09:54

Sounds good - onwards and upwards.

[sphere25] 20/10/2016 09:54

Miles ahead of forecast

Revenue +18% vs forecast of 11%
Profit +14% vs forecast 5.5%

[swiftascent] 20/10/2016 09:53

Concise. But nice

[eeza] 20/10/2016 08:16

185 on 23 Aug
185 on 10 Aug
185 on 21 Jun
185 on 8 Apr

[breaktwister] 20/10/2016 08:13

What was their previous target?

[tattooed93] 20/10/2016 08:04

yeah but finncap has issued a note


Photo-Me* (CORP)
AGM trading update

Ticker: PHTM Market Cap: £547.7m
Price: 145.5p Target Price: 185.0p

[silverfern] 20/10/2016 07:32

Its an AGM Statement- often released once the AGM has started

[gleach23] 20/10/2016 07:14

eeza....if you look at previous years we can expect something around 11.15

[eeza] 20/10/2016 07:05

No Rns as yet.

Given the weakness in the share price recently this is not clever on their part.

[xxx] 19/10/2016 22:20

I expect comment on change in revenue in cc and hope they also quantify change in terms of actual exchange rates.Guessing +10% and + 23% respectively. Soft share price of late is a nagging concern however.

[blueclyde] 19/10/2016 20:44

The ASDA business was bought for $5 million in total so any loses reported on this I would expect to be tiny. That's in comparison to cash profits of over 40 million most of which will increase by 20% due to fx movements.

[eeza] 19/10/2016 16:41

Close call - but finally managed to close Red - Again.

[pnetol] 19/10/2016 16:41

Gleach,This is my largest and currently most frustrating holding, until the overhang has cleared it won't matter how good any update is. My hope is that it's good and that generates some volume which allows our seller to exit stage left. I agree re tomorrow, if it's a good update then we could see a rise into the 150's and then selling into that rise and an unchanged day. I hope that I'm wrong and it's a good update.

[edmate] 19/10/2016 16:20

Naked Trader bought these as per his latest update.

[gleach23] 19/10/2016 16:06

Could be right breaktwister - I was hoping for a pick up after the volume last week but it isn't there. No Holdings RNS yet either.

Plenty of reasons to think why there may be a great update but still feels like an overhang is dominating the share price

Pure speculation, but maybe more selling into an initial rise tomorrow?

[edmate] 19/10/2016 16:05

are results tomorrow? I can see an AGM is due tomorrow but not results??

[breaktwister] 19/10/2016 15:43

I am concerned about the price action here over the past month sliding from 165 to 146. I think we could see a further sell off tomorrow no matter how good the results are. Strange how most other companies to have benefitted from brexit fx have risen but this falls.

[ihatemms] 18/10/2016 22:22

The Asda purchase doesn't kick in until 31 October. The fx effect should be enormous far outweighing any Asda impact in H2