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)