Photo-me Share Discussion Threads

[swiftascent] 14/12/2017 16:19

Wish I'd bought some on that dip. Seen the market do that so many times now as well.

[ny boy] 14/12/2017 16:12

Yep, let’s be having 200p soon, it’s been a long wait but the divi makes up for occasional boredom

[ny boy] 14/12/2017 14:40

Looking good

[ny boy] 14/12/2017 13:35

Yes a reaction to breaking through 187p resistance..let̵7;s have a few closes over the next week or so to build a support for a launch pad into the 200p’s

[2bluelynn] 14/12/2017 13:02

Popped its head above year high ! Great if it can close above it top up time

[ny boy] 14/12/2017 11:15

Added a few more @177 the other day, happy with proceedings.Good place to park some more cash imho GL I think we will be over 200p in Q1 - 2018

[mfhmfh] 13/12/2017 09:23

buy rating reiterated in yesterday's IC.

[es222mo] 13/12/2017 08:45

November 2016 is not that long ago, paid £5.4 million for the 10 year concession , 2.5 year on line and a promise to turn them from loss making to earnings enhancing.Quote , "PM believes that under its management the performance of the business could be significantly enhanced" December 2017 £2m allocated for the closure of the Asda photo centres . Looks like someone's been taken to the cleaners.

[shauney2] 12/12/2017 16:58

A view from Shares magazine.

[snadgey] 12/12/2017 16:24

Thanks mfhmfh. Answers my question about the car washes..!

[tradermel] 12/12/2017 15:10

deanowls 11 Dec '17 - 18:00 - 7654

Back to below 170 I reckon.

................

Oops

[mfhmfh] 12/12/2017 13:40

hxxp://www.i i i.co.uk/articles/467939/stockwatch%3A-high-yielder-long-term

[snadgey] 12/12/2017 13:15

This been tipped anywhere to cause this price increase?
Still a firm holder for long term. Laundry very positive and clearly the driver. Margins here are high. Management have reiterated that laundry will be half revenue in medium term which adds to confidence that investment/dividends and, hopefully share price will follow suit. Currency tailwind may be coming to an end. Nice to see cashflow positive after continued investment and dividends.
Still no comment on car wash trials. May contact them..
All the best.

[es222mo] 12/12/2017 10:08

Interesting reading the half year results , in particular the review of retail operations. The closing of the photo shop in my local Asda was last Friday the staff were given 5 days notice and the digital machines closed down . Two weeks before Christmas seems very odd timing and looks like panic measures . Good time to sell . I'm out.

[davr0s] 11/12/2017 19:09

I sold Friday to avoid gap risk. We didn't get a gap down but still off a decent amount by the close. Back on the watch list but in no hurry

[deanowls] 11/12/2017 18:00

Back to below 170 I reckon.

[valhamos] 11/12/2017 16:42

"I am concern about operating cash flow falling to £39.9m from £45m, a drop likely to affect full-year cash flow and raised the price to Operating cash flow multiple further (currently stands at 13 times)."

You have ignored tax payments for some reason. Net operating cashflow fell to £34.8m from £35.2m which in the context of a growing business (revenue growth 7.8% in constant currency) is neither here nor there.

[jch18] 11/12/2017 16:02

The drop in cashflow is very well explained, both in the report and video link above. These figures may appear moderate, but the future path of the company is easily visible. With many potential issues ahead for the economy earnings are becoming stronger with government roll out and cloths are always washed.

[walbrock82] 11/12/2017 15:32

For me, Photo-Me interim sees moderate improvement in revenue and profits. But receivables growth and a reduction in provisions of £1.4m have played a role.

I am concern about operating cash flow falling to £39.9m from £45m, a drop likely to affect full-year cash flow and raised the price to Operating cash flow multiple further (currently stands at 13 times).

Management is pursuing a progressive dividend policy with a 20% increase.

So, are we seeing a peak in Photo-Me Valuation level?

Click to read more

[steve3sandal] 11/12/2017 13:18

Mr Market is in no mood to accept in line statements, even if they are decent which is where I think we are. I like the potential moat through the passport link which I think we hoped was coming. The interview linked above suggest we can expect similar news in Europe. Despite being unable to operate a washing machine I also like the laundry business where cashflow and incremental units have potential to create a virtuous circle and they seem nowhere near the market capacity for these things. I am holding on. I think I read earlier than FinnCap retain 215p but N+1 illustrate potential to reach 278p. That comes with a lot of assumptions no doubt.

[ny boy] 11/12/2017 12:04

Will wait a bit longer to see if I can add cheaper but pleased with results and divi growth, nice one to park some cash in long term, been in since 148p

[shauney2] 11/12/2017 12:02

Worth a listen

CEO Serge Crasnianski and Group Finance Director Gabriel Pirona discus their interim results to 31st October 2017.

Watch here:

[rhubarbcrumble] 11/12/2017 11:44

Interested to know why you have cashed out nw99.

Capital appreciation has not been outstanding, I must admit, but a good dividend stock and prospects look reasonably encouraging.Planning to hold for more myself.

[nw99] 11/12/2017 09:02

Taken all my profits been a great investment