Abstracts » Business

Photo-Me International

Article Abstract:

Photo-Me International has seen a rise in its stock price following the announcement of plans to enter e-commerce, with 3,000 booths linked to the internet. This strategy involves risks, which the stock price may not take into account. The company forecasts high revenues from its planned multi-media booths, but competition from internet cafes and home computers, likely to drop in price, mean that revenue may be less than forecast. Meanwhile, chief executive, Serge Crasianski, sold 10% of his stake in the company in Jan 2000.

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Photo booth fiasco

Article Abstract:

The performance of Photo-Me International and its internet strategy are examined in detail.

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Sketchley: yet to convince

Article Abstract:

Sketchley is involved in a range of activities including developing photographs and dry cleaning. The company sees its various activities as linked since they are geared to corporate clients and generate contractable income. The company has acquired ARM which is involved in duct laying, for 29 million pounds sterling, and this is a move to diversify away from photography and dry cleaning which have not performed well. The company has halted expansion plans and shut down shops after a profit warning.

Drycleaning and Laundry Services (except Coin-Operated), Dry Cleaning Services, Drycleaning plants, except rug, Dry cleaning, Sketchley PLC

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