Updates

ME Group - Weak April but recovering in May

July 2026

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Regular readers will know that ME Group runs a perfectly sensible business sticking photo booths in shopping centres and washing machines in car parks across Europe. People need dodgy passport pictures and clean pants; it is, as they say, the circle of life. MEGP had earlier this year rejected takeover offers in the 200-220p range and went on to report a solid first half, but then April arrived. It seems that when tensions flared in the Middle East and everyone was lobbing missiles 2,000 miles away, oil prices spiked, French drivers panicked, and consumer confidence evaporated. Photobooth revenues dropped 17%. Laundry growth slumped from a healthy 17% to a meagre 3%. May showed things return to normal, but the damage has been done ...

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Lords Group- Continues branch opening programme

On the Beach

ME Group - Huge margins from dog washing (September 2026)

ME Group (December 2025)

ME Group (July 2025)

ME Group - Rolling out 80-90 new laundry machines each month (January 2025)

ME Group - Cavendish initiates with 350p price target (September 2024)

ME Group (July 2024)

ME Group - Results whack ball out of the park (March 2024)

ME Group - Revolution rollout set to climb from 180 to 250 machines a month (January 2024)

Me Group - Wash.ME divisional profit up 39% (November 2023)

Me Group (June 2023)

ME Group - Revolution rollout expands to 80-90 units (April 2023)

Me Group - Trading ahead of forecast (December 2022)

Me Group - Moves into food vending (January 2022)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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