Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
A bit of a dramatic drop on a RNS with no surprises. The business was never going to be generating loads of cash during lockdowns. A great investment for when we do start to come out of Covid.
Travel is coming back.....
Well with the CEO buying absolutely shed loads I have decided to join him with a few more.
this is poised for a breakout.
This is an interesting point at which to invest because:
1. Arrival on register of French PE group with strong leisure credentials & Serge buying consistently. |Clearly both think this is way undervalued
2. Reopening slowly of their markets; management is using COVID/lack of footfall at many sites to rapidly restructure its photobooth estate. Some big missteps here in recent years esp in the UK but using the time to descale and improve the estate will flow through in due course to profits and eps. Laundry continues to perform well and KIs is getting into its stride.
3. For a business that has historically generated huge cashflow the last 12 months have been an aberration. I fully expect this to move back into gear in due course. The million dollar question is whether the PE group are supportive of Serge efforts to rejig the business within the public markets or supportive of him taking the business private or ultimately make an offer themselves. In any event his recent buying spree means he holds the trump card with that huge stake.
I’ve just had a quick read of results which came out in July, a lot of restructuring and removal of machines which aren’t profitable but from what I read they’re going down the food avenue ( now they own Sempa ). Also says could take 3 years to get back to pre covid levels! Also Serge 500,000 yesterday at 50p.
I’m in two minds as to whether to add to my holding and average down. According to Stockopedia this is trading on a forward pe of 5.8 (off the top of my head). Thus implies are strong rebound in profits which is perhaps why we’ve seen big director buys. Personally, with travel still muted this seems odd, hence me being in two minds to buy or not.
Now in September, and Serge is holding 24.17% been loading up a lot recently, whats everyones thoughts?
Another director buying rns..won't be any shares available to the rest of us at this rate ..lol
Not showing on lse today but a couple more holding rns’s released today.
CEO has added a smidge more so now has 23.33%
Another director has purchased 27,000 shares at 42p
Well if its good enough for the CEO to buy at 40.99 and now hold over 23% then its good enough for me to buy a few too at these prices.
Another sizeable buy from Serge. I wonder what he knows that we don’t..!
Photo-Me International plc
"Photo-Me" or the "Company")
PDMR and PCA notification
Photo-Me, the instant- service equipment group, was notified on 30 March 2020 that Tibergest PTE LTD, an entity closely associated with Mr Serge Crasnianski, Chief Executive Officer and Deputy Chairman of Photo-Me, bought 650,000 ordinary shares of 0.5p each ("Ordinary Shares") at a price of 35 pence per Ordinary Share on 30 March 2020.
Mr Crasnianski is the ultimate beneficial owner of Tibergest PTE LTD, and as a result of the above two transactions, Mr Crasnianski and persons closely associated with him have increased their interest to 86,625,701 Ordinary Shares, representing 22.92 per cent of the issued share capital of the Company. The total number of voting rights in the Company is 378,011,637.
Should be a TU early April, Results mid July
Wonder if this signifies the bottom is in.
Yes great divi here and they’ve been known to do special divi’s too. I would have thought that the director buying would’ve supported the price more than it has.
Do you happen to know when the next results/ trading statement is?
I am back in for a few here. Super dividend to be had as well.
Let's see if we test 100p again
Time2Buy: Yeah I'm sick of PHTM at this stage. Was happy to collect dividend but once the SP recovers a bit, I'm out....probably!
Only a few weeks ago it was trying to break 100p
Still trying in the meantime adding NSF and MTC
So close
If it breaks the 100p level then I see 110p for starters
Maybe not today but buyers are back at 96p so showing support.