Photo-me Share Discussion Threads

[swiftascent] 02/10/2017 15:10

This is an interesting little move down. Trading volume is low

[firtashia] 02/10/2017 14:55

Sorry NY Boy, more chance of a breakout at IDP :-). Perfectly happy to hold though.

[ny boy] 02/10/2017 08:26

Tick tock, when that breakout comes...woosh

But like what us happening at IMM

[brucie5] 29/9/2017 13:23

I hold these in an income folio which I haven't sold for some years. But just added today on what looks like a possible b/o above 1.80. I note NT has also bought this month.

[john09] 29/9/2017 10:57

I must say it looks like a coiled cobra that chart

[ny boy] 28/9/2017 14:17

Yep, when the resistance goes, expect 200p fairly quickly, meanwhile happy to stay patient

[lodgeview] 27/9/2017 18:31

Coiled spring...

[snadgey] 24/9/2017 11:22

Exactly my view Pete. Where the ROCE is greater than the dividend it's better they invest the money form us this way as should be better return in the long run. I have no problem with the lack of special dividend.
All the best.

[petes5] 23/9/2017 08:43

NT has had a positive comment on his site for a long time now and still it does not move probably my most frustrating holding. The cancellation of special divis has held this share back but I for one believed this was the correct action, invest in the business instead of handing back to share holders but IIs don't seem to like this. I am a long term holder 10+ years and its a great cash generator.

[zho] 22/9/2017 16:01

Naked Trader - Robbie Burns

[steve3sandal] 22/9/2017 15:58

Mfhmfh ......who or what is NT please?

[ny boy] 22/9/2017 15:06

Powerful breakout imminent

[mfhmfh] 22/9/2017 08:48

Positive comment from NT yesterday.

[ny boy] 21/9/2017 15:06

Still trying but will get above this stubborn resistance level this Autumn ..I have patience

[ny boy] 19/9/2017 14:53

Having another go at trying to crack resistance!

Will come sooner or later.

Anyone in (VLS)?, going great guns! Dyor as usual

[ny boy] 18/9/2017 16:51

We'll be ok either way, spending more time around 175p, can't see this resistance lasting much longer ne'er before a nice breakout to 200p+

Happy holding patiently

[2bluelynn] 17/9/2017 19:48

Hope Sergi doesn't croak it !

[pnetol] 15/9/2017 16:28

Actually it was the end of July.Good luck to all holders. pnetol - 27 Jul 2017 - 18:30 - 7479 of 7526 - 4Photo 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. ChangeDeployed 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.

[pnetol] 15/9/2017 16:26

Yes it's looking very interesting NY Boy, with the pound strengthening you would expect PHTM to be a little weaker market is down by 80 points and yet we are up. Let's hope my summary back in August turns out to have some degree of accuracy.

[ny boy] 15/9/2017 16:03

Plenty of good news flow to come

We have had a number of important milestones in our identification division. In Ireland, the Group's encrypted photo ID upload technology was adopted by the Irish government for its new Online Passport Application service, with the service expected to be rolled out to 300 photobooths by the end of 2017. This follows the successful deployment of secure data transfer technology photobooths in France, enabling photo ID to be uploaded directly to ANTS (Agence Nationale des Titres Sécurisés, a national agency linked to the French Ministry of Transport) servers for driving licence applications.

[ny boy] 15/9/2017 15:25

Yep, here we go for another attempt at breakout

[ny boy] 15/9/2017 14:00

For sure we will take out 175p, I feel this quarter. It's taking a time but I am sure the rewards will be worth it, when we get the next update.

[ny boy] 14/9/2017 16:06

No idea but we failed to breakout again, patience required for the final breakout, when it comes, I think it will be a powerful one, news flow required soon.

[gleach23] 13/9/2017 12:42

Looks like it was Schroders reducing again then. So who's buying?