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But if you look at the company's latest interim statement, this shows 'Receivables' (debtors) of just under £25 million. "Do robust interims from international provider of vending equipment LSE: PHTM: Photo-Me InternationalÂ position it well for 2018?
How can a cash business be owed neatly £25 million? Capitalised at over Â£700 million, yet still in the FTSE Small Cap index, Photo-Me's five-year chart shows a re-rating ..." Share price: 180.75p (-3%) No. PNG I've written positively about this company in the past, on the basis that it was being managed well, was shareholder-oriented with heavy dividend payments, and earned impressive margins.
of shares: 376.5 million Market cap: £680 million Interim results This vending machine operator (photo-booths and laundry units) issues results for the six months to October 2017. There has been a worry about people taking selfies for passport photos and driving licenses instead of using a photo-booth.
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Well done Medway Man on your huge gain - Hard sometimes to sell when things spike higher as there could be more to come.
I seem to get criticised when I sell or reduce a winning holding and they do say run your winners as much as possible.Conversely, if a trade helps the market price to move down, then the trade is classified as a selling trade." Thanks for congrats on gain.............assuming they (that is, LSE site) are showing the trades correctly, I spotted a few hours after selling out my holding, 3 sell trades which had a combined total of nearly 2 million shares.I would have still kept some shares in case they decide to break out and can achieve a share price above 2.00 but each of us have to be comfortable with our decisions so well done and it's banked in real profits rather than paper.atb As I was showing a gain of £5000 ; have sold entire holding and will re-buy back in at a later date if price drops down.The photo identification and laundry businesses continued to perform well.