Re: Revolution laundry review Just one other point on the laundry units, the images online do not give a clear indicationof the quality of the revolutions machines, it really looks very impressive in real life.The CFO has recently remarked that the laundry business may be a bigger than the photobooths side of the business in 5-7 years, if you think for a second what that may meanfor the pre tax, the upside potential here is considerable IMV, please DYOR as always.
Revolution laundry review So I tried out the revolution laundry on Saturday in Guildford locatedjust outside the town.Long story short, very impressed, the washing quality is excellent.It was also being used when there, one student, another guy who arrived ina large Mercedes 4x4 and uses the 18kg machine every three weeks.Both other users thought the quality of the laundry service was better than theconventional high street launderettes, and having used the 18kg machine to wash twoduvets and an assortment of clothes I would agree.The only downside of the particular unit I used was it was cash only and did notoffer the text service giving you a 10 minute alert.I have to admit being highly sceptical when reading the first reports of thisnew business area for PHTM, having seen the results so far on the recent updatesand using the service myself, my view is that PHTM have a veritable gold mineon their hands - strictly IMV only, DYOR as always.As perviously mentioned I expected some mild short term SP weakness, so not surprised to see some give back in the SP.
Re: Euro Euro weakening further this morning.Speculation of up to -3% negative rates ultimately in the Eurozone.
Re: Euro Of course, you are correct. Most of the rise has been in 2015 which won't be in their most recent results.I'm sure the current rate will be priced into the current share price, so maybe that is what is holding the share price below the magic 150p. Imagine what it would be if the Euro rate hadn't increased!
Re: Euro AmlD, it was the very recent rapid devaluation of Euro GBP that I had in mind,that has been very marked and France is a big profit earner.
Re: Go Dink - TA ?. Appreciate the reply, I can see it's been a long term price target.
Re: Euro I have often wondered what impact the Euro rate has on PHTM results.Interestingly, in the most recent results, the 2014 actual performance was better than "2014 re-stated at 2013 exchange rates".So, did the USD fall (which one assumes is relevant for Far East segment) offset Euro rise? Do PHTM hedge to a certain degree to minimise impact of fx fluctuations?Perhaps the answers lie in the detail of the report and I should do some proper research.Regardless, a very good company performing well. One of my better investments.A.I.D.
Re: Go Dink - TA ?. EssentialInvestor, apologies but I just saw your post. Agree with IOMINVESTCOM (sp?). PHTM struggles to get over that 150 threshold but once it does (and stays there) then it could go much higher. It's a good company with cash in bank and pays a divi.
Euro Euro continuing to weaken v £ - unfortunately not helpful for PHTM.
Re: Go Dink - TA ?. Many thanks, appreciated.
Re: Go Dink - TA ?. I have traded on TA for about 12 years.I agree with the analysis, but would add that :1. This share has (largely) been trading sideways for about a year.2. Before that, the trend was firmly up.3. Whilst you should always wait for the break (here above c.150), the pattern would currently suggest that the downside is limited now, and the break may well be soon, with the previous trend resuming.Best of luck to all investors in PHTM
Re: Go Dink - TA ?. Appreciate the view, many thanks for the reply.
Re: Go Dink - TA ?. Hi E I, For what it's worth I would wait for 1.50 to break on volume but also see if after 2 / 3 days it manages to remain above that price. After it breaks and maybe spikes higher it will probably come back to test 1.50 before continuing higher then catch the turn.Glta
Re: Results In fairness to LG she/he can be on the money, unerringly sometimes, not always.
Go Dink - TA ?. Picked up your comment on the SP, just wondered if you could share any TA on PHTM,appreciate it would be just your view.If 150 does not hold by Monday, what would you next look for?.Or if anyone else has a TA view?.Much appreciated.