Photo-me Share Discussion Threads

[pnetol] 30/8/2017 10:41

Hi Guys,I have to say that this must be one of the most quiet BBs that I follow.I still stick by my comments on my post on the 27 Jul 2017 - 18:30 - 7479. We are even weaker against the Euro now and I still hope that the next trading statement will be the one that finally gets investors/Institutional Investors to sit up and take note on what's going on. Surely the laundry business must be at a tipping point whereby it will become obvious on the future profit potential for this side of the business. I also think that the security issues will become even more of a concern in the future and their secure photo booths will do wellGLA

[celeritas] 30/8/2017 09:43

Ditto.
My number ID failed to catch on which was to be the big driver.
Photo ID in the UK is a hard one, will people simply take their own using mobile software, I very rarely see anyone in a photo id booth.
The pounds weakness is a plus here mind especially if the laundry units do well.

[gleach23] 29/8/2017 15:04

Seems like it has completely fallen off the radar...not necessarily a bad thing as resultant drift often presents decent buy/add opportunities.

IMO PHTM is a good example of a share which separates investors from traders - not much of interest from a short term trading viewpoint but more attractive to a 'buy and hold' investor who is happy to collect a very good divi over the years and prepared to be patient for the capital growth.

The disappointing thing for me is that last year it felt like PHTM had good income and capital growth potential but the market just hasn't yet reflected the latter.

Still happy I sold some a few months ago to wait until meaningful share price direction established before potentially buying them back.

[swiftascent] 29/8/2017 14:38

It's dribbling

[xxx] 23/8/2017 21:29

One of the NED's was previously executive chairman of Telit plc. Given events there,is he an appropriate safeguard of shareholders interests?

[shanksaj] 09/8/2017 16:40

I didn't say owning, I said "owning"!

[shauney2] 09/8/2017 15:28

Lend us a fiver Shanksie; -)

[shanksaj] 09/8/2017 14:51

Total position across all shares reduced from "owning" £180k equivalent (through IG Index) to £25k over last two days.

[shauney2] 08/8/2017 16:39

I don't blame you if you are geared up.Leverage is not the way to go when the market is topping.

[shanksaj] 08/8/2017 16:20

I'm out of Photo Me. I was spooked by SCSW's comments on the stock market in general:

"the US stock market is in a bubble. Bubbles are dangerous and when they burst falls of 50% should be a minimum expectation."

and

"Extreme over valuation is already prevalent in the US stock market."

the other problem is my own fear. I tend to sell up when markets start crashing, and losing lots in the process. What else can you do when you are heavily geared? So this time I'm selling up while all seems OK.

SCSW does not say when the bubble will burst, nobody knows that.

Also gone is Filtronic. Whatever happens, I'm keeping Styles and Wood because it is v. undervalued already.

[ny boy] 07/8/2017 11:08

Investors will wake up here soon, maybe the divi is too comfy. (4.25% at present)

Let's get the 200p+ party started soon!🎉ԃ78;👌

[pnetol] 07/8/2017 11:05

N Y Boy,Ha ha, that's very funny, you can always rubbish my comments. I was more concerned that I might be completely wrong on my thought process.

[ny boy] 07/8/2017 09:15

Pnetol

Good research but a few of us were hoping not too tell too many these are way under-valued, I top up more every time they drop towards 150p😉

[ny boy] 07/8/2017 09:06

The next Photo-me International dividend
Status:
Declared
Frequency:
Semiannually
Type:
Final
Ex-Div Date:
12 October 2017
Pay Date:
10 November 2017

[ny boy] 07/8/2017 08:25

Chugging north again, good long term hold stock this one, collect those attractive dividends

[2bluelynn] 27/7/2017 21:45

Pnetol Bloody hell You should be their Finacial Director fair play ....

[pnetol] 27/7/2017 18:30

Photo Me - investment thoughts. Hi guys,I would welcome any thoughts/ ideas/ observations on my thoughts for photo Me for next year's results as I can only assume from the markets reactions after the recent results that I am being too optimistic. My thoughts as follows, along with some comments from the previous results. All feedback/ constructive criticism welcome. 1,000 new laundry machines €14,000,000 margin.( currently €16,586 )Min 40% profit margin ROE. 1.2. £ 11,666,66640% margin = £4,666,666Where Photo Me upgrade their equipment they hope to get back the investment in 1 year France 7,800 photo booths upgraded , cost €3,120,000 , in my calculations I've assumed 2 year payback and 40% margin. = €1,560,000 additional turnover = £1,300,000 = £520,000 extra profit. 1 off profit £2,400,000 on the property sale, which will go into the 2017/18 profit?UK operation £1,800,000 loss on Asda/Morrisons last year, I have only assumed break even on that/ no profit contribution. But that would mean the UK profits would be up a corresponding £1.8m. My figs ignore any benefit from the contract with the Irish government. Any benefit from the increase in the number of photo booths an additional 887 were added last year. I have assumed flat revenues as down by 0.7% last year. During the year, Photo-Me has launched the new SpeedLab digital printing kiosks designed by Philippe Starck, deploying the new machines at major retailers in Europe and the UK. The new machines feature enhanced technology enabling the best customer experience in the market. Some kiosks, in France, are enabled with the MoneyGram application allowing account setups and money transfersIn recent years the Group has been investing in the development of integrated solutions for the secure transfer of photo ID and biometric data (such as e-signatures and fingerprints) direct to government servers. This technology is currently being deployed in seven countries.Laundry business. Laundry units 1,103 deployed in the year. (90/10 owned&hope rated/ sold)6,000 units aim by 2020. Owns and operates 1,965 across 12 countries. As at April 2017, the Group operated 1,750 Revolution machines. -- Launderettes At the end of April 2017, the Group had 50 launderettes located in France, Spain, Belgium, Ireland and Japan. Typically these shops are positioned in or near to town centres where there is limited competition from other laundry services. Our strategy is to acquire underperforming launderette businesses located on attractive sites and refit the shop in a stylish, contemporary format that is more attractive to the end consumer. More specifically, in the short to medium term, our aim is to expand our presence in the launderette market in Japan, estimated to be one of the largest worldwide market for launderettes. -- B2B laundry operations Fowler UK, acquired in October 2015, is a distributor and lessor of laundry and catering equipment. It currently operates in the UK market however, the Board believes there is potential to extend the business model into other geographies, particularly Continental Europe. Our B2B customers include institutions such as hospitals, care homes and universities. As at 30 April 2017, Fowler UK directly operated 215 laundry units.Laundry units Total laundry revenue across the Group increased by 79% to GBP21.7m(1) (2016: GBP12.1m), reflecting our strategy to grow those operations. The revenue relating to our operated estate increased by 89% to GBP14.3m (2016: GBP7.6m) while the number of operated units increased by 58%. Total laundry units 2017 2016 2015. Change Deployed units (total) 3,251(2) 2,148 1,084 +51% Ave. takings per owned unit (EUR)(3) EUR16,586 EUR15,382 EUR14,396 +8% (1) Including Fowler UK revenue of GBP3.7m (2016: GBP1.5m) (2) Including 915 (2016: 415) deployed in the UK & Republic of Ireland and 7 (2016: 1) deployed in Asia & ROW (3) Average calculated only on machines in France, Ireland and Portugal with full month takings Laundry The Group has now started actively deploying Revolution laundry units at suitable sites in the UK, with 70 units deployed during the year in petrol station forecourts, and other high footfall locations.The group successfully opened its first launderette shop in Japan, starting the penetration of what is believed to be one of the largest markets in the world for Launderettes. In their trading update on the 2nd June they said that "The first Launderette shop opened in Japan during the last quarter and it is proving to be very successful."The EBITDA margin is a good indicator EBITDA margin of improved profitability This increased last year from 30.8% to 32.2%. I think this will increase further this year. 2016/17 profit £48,000,000Potential profit uplift for 2017/18. £9,386,666. = 19.55% increase in profits Serge Cranski increased his holding by £7,600,000 adding shares at between £1.55.75-158 last December.His total holding now over 84,600,000 which is 22.48% of the company. Surely as he is now just turned 75 he would not have invested this quantum of additional money unless he was very confident of business prospects going forward or perhaps he feels someone might come in and buy the company?My 12 month view that the company should be valued at nearer £2.10-£2.40.

[ny boy] 27/7/2017 15:01

Just a nice stock to hold for the divi, (4.3%)..Chugging up & down, eventually we will get a strong breakout.

Happy holding long term & adding a few more on any weakness

Finncap still have these with a 215p price target.

3.94p pays out 10 November

[pnetol] 27/7/2017 09:39

Nw99, can u give a brief summary of their comments. In Spain ATM so unable to pick up a copy. Thanks

[nw99] 27/7/2017 09:06

Shs mag bullish

[gleach23] 26/7/2017 22:00

I've had some email dialogue lately with Del Mansi (Company Secretary) following the issues and confusion with the Financial Calendar on the website earlier this year. He's very helpful and took up the issues with Hudson Sandler who deal with IR. He subsequently advised that the PHTM website has been overhauled and that the Financial Calendar now displays correctly.

Happily one can see that the next scheduled update is due on 25th October, shown on the calendar as 'AGM & Trading Update'. That's all we can expect from the calendar and is good to see - let's hope it's maintained going forward.

[xxx] 16/7/2017 09:22

Thank you...there is a theme! Will investigate further.

[johnv] 14/7/2017 12:07

xxx Safecharge SCH is another. MCap 405m with 100m in the bank and no debt.

[joeall] 14/7/2017 12:05

If you are looking @pays, have a look@ Safecharge (SCH)