A Pretty Picture (23rd October 2014)?

Photo-Me International (PHTM) - AGM Statement

Today's AGM Statement paints a pretty picture for shareholders of Photo-Me International.

The Summary of the AGM Statement is shown here:

"The Group published an IMS on 12 September 2014 and is pleased to report that the positive trends mentioned in it have continued. On a constant currency basis, turnover in the first five months improved compared with the same period last year, and pre-tax profits have moved ahead strongly. The Group has performed well in this important trading period and the Board remains confident of the outlook for the full year."

Prior to the release of today's AGM statement, the share-price graph had been showing mixed signals (as annotated below)...

Photo-Me International (PHTM) - Mixed Signals on the Graph!

Will the share price rally from here, as a result of this positive AGM Statement? What do you think?

 Mick (23rd October 2014)

Photo Me International - MM Shakeout (20th June 2014)?

Is this what a Market-Makers Shakeout Looks Like?

The share price graph for Photo-Me International (PHTM) has looked very much like support would occur at the 200 day moving average. I wonder how many people (like me) had their stop loss set beneath this moving average, to allow the share price some "wriggle room"?

I also wonder whether the SP movement (on little volume - as evidenced from the graph below), caught many people thus triggering their stop losses (as mine was)!

Key Metrics (Sharescope)

The key metrics are interesting...

Of particular note are:

• Steady growth in eps over the past four years
• Increasing cash pile (past 4 years)
• Increasing operating margin (ditto)
• Cash-flow per share is more than double the normalised eps (great cash generation)!

Newsflow

One item of recent newsflow (5th June 2014) also caught my attention...

Could it be that shareholders will receive a special dividend on top of the final dividend, when the preliminary results are announced next Friday (27th June 2014)?

What do you think?

Mick (21st June 2014) - Happy Solstice!