Photo-me Share Discussion Threads

[shanksaj] 30/1/2017 12:48

"any idea why it is up today?"

'Cos its too low.

"....and who is Serge?"

[revoman] 30/1/2017 11:58

He's the guitarist in Kasabian, ali47fish.

[igbertsponk] 30/1/2017 11:25

Mail re-hashing the story now.

[ali47fish] 30/1/2017 10:43

any idea why it is up today? can someone explain hwt is negotiated trad and its effect on the sp- and who is serge?

[revoman] 30/1/2017 10:12

Looking a bit frisky this morning.

[revoman] 28/1/2017 10:10

Serge buys again?

[eeza] 27/1/2017 23:17

On the trade pages
NT = Negotiated Trade.

[orange1] 27/1/2017 21:16

NT = Negotiated Trade

[ali47fish] 27/1/2017 18:28

hown do you know it naked trader eeza? -printed what does tat mean?

[yf23_1] 27/1/2017 16:18

Added another 2k.

[velod] 26/1/2017 23:30

Perhaps this is all you have to focus on to help you decide -

. . . Photo-Me's UK photo booths only account for an estimated 5% of group profit! So a decline in income from this area of the business won't have a major impact!

. . . Okay here's the full version from this week's Shares Magazine, out today:

. . . Title: Photo-Me blinded by mobile threat to earnings
. . . Sub header: Any-hit-to-profit-unlikely-to-be-as-bad-as-implied-by-share-price-collapse

. . . One fifth of Photo-Me
International’s (PHTM) market value
was wiped off at the start of the
week following news that the Home
Office will accept photos taken on
mobile phones for passports.

. . . Investors assumed this would
render Photo-Me’s UK fleet of photo
booths as worthless. The company
replied by saying it believed
accepting photos from mobile
phones for official documents
was ‘incompatible with developing
security requirements’.

. . . Analyst Simon Davies of
investment bank Canaccord Genuity
remains a fan of Photo-Me, saying
share price weakness is a buying
opportunity.
‘The UK is trialling potential
changes to passport applications,
potentially allowing adults aged
over 26 to use mobile photos to
renew their passport, but only if the
photos are of the requisite standard
(set by ICAO and ISO), something
which is very hard to achieve,’ he
comments.

. . . PHOTO-ME’s UK PHOTO BOOTHS ONLY
ACCOUNT FOR AN ESTIMATED
5% OF GROUP PROFIT, SO A DECLINE IN INCOME
FROM THIS AREA OF THE BUSINESS WOULDN’T HAVE A MAJOR IMPACT.

. . . Davies notes Europe is shifting
towards more sophisticated
security photos including 3D
imaging and iris scanning.
Therefore he believes there is a
chance the UK Passport Office
could rethink its stance towards
pictures from phones.

. . . Ends.

[shanksaj] 26/1/2017 11:42

Looks like Photo Me, since Brexit, has taken on the characteristics of quite a volatile share with the possibility of 30p swings in any month. But the trajectory is steadily upwards.

January was especially volatile with a near 40p range of 137p to 177p.

So, Feb 145p to 175p?

[revoman] 25/1/2017 17:04

That article wasn't news. The "home camera" option's been on the HMRC website for a while, there was discussion in the House of Lords last week but nothing's changed. And with the RNS that came out, I think we can assume at some stage there'll be news similar to the French and Irish news.

[rhubarbcrumble] 25/1/2017 16:44

Whilst the article may be a cause for concern, I would be surprised if the CEO did not know about the competition before investing c£7million just before Christmas.

I suspect that he has a greater insight than others, and I have taken the opportunity to top up.

With 20% dividend increase on the cards, I am hopeful of a fruitful investment.

[larva] 24/1/2017 15:02

getting tonked again

[shanksaj] 24/1/2017 15:00

A chartist would draw a line joining the June 16 and Nov 16 low points and arrive at a low of 145p. But we have already had an intraday low of sub 140p yesterday so maybe we are now in the clear.

[shanksaj] 24/1/2017 14:31

On the other hand, the Groaniad article does show there is plenty of life left in the idea of photobooths. Maybe we will just have to wait for the promise of the next dividend before the share price perks up.

[shanksaj] 24/1/2017 14:30

Repeating myself.

[b1ggles] 24/1/2017 14:25

Actually, eeza, I read that as a clumsy play on words meaning that they didn't have a statement ready for the Grauniad ('develop' - geddit?). But you could be right.

[ny boy] 24/1/2017 09:02

All seems like storm in a photo booth (sorry tea cup) to me.

[rubberbullets] 24/1/2017 07:02

No director buy
Not good as many will sell

[tryone2] 24/1/2017 01:32

Try sending in an apple adaptive and see where that gets you, the gov would soon get back to status quo