|Lokn Store Grp
||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
Lokn Store Grp Share Discussion Threads
Showing 1426 to 1447 of 1450 messages
|every man and dog tips this to be taken over
will it be a Smith and Nephew always on the brink of being taken over and never happens?|
|These things don't happen instantly. I've no idea how it works, but we could assume that the process was kicked off a while back when the share price was lower. They would have had to fix a price at some point and committed to it. It's only been above £4 for a week or so.
I'm sure that he didn't wake up yesterday and think. "Time to release some shares".
Don't forget that he is a Private investor too, so has a double interest in achieving the best price.
Wish he'd given me first dibs, though.|
|Disgraceful behaviour by Andrew Jacobs.
Giving stock away cheap to the institutional fund manglers at the expense of private investors.
Hang your head in shame Jacobs!|
|That's me out for the time being. Looks like the rise was contrived to get this away. Might consider rebuying if we dip back under 400|
|Well, I never thought of treasury shares. It's effectively a fund raising to reduce debt. (Presumably the treasury shares came about from previous share buybacks). I don't like it. If they'd been that much demand, why a 60p discount to market price?|
|Yes well spotted. Was that really the best price they could get. I'd have had some at £4 if they were on offer. So a 15% instant profit at last nights close that did - good business if you can get it. Question now is that going to suppress the price or will the market like it that a big debt chunk has been paid|
|Yes. (Probably). Good analysis there Typo.|
|Or 7.4% of the company got placed. Probably an RNS tomorrow. Not many people hold that much. Andrew Jacobs (CEO), Simon Thomas (Chair) and Miton Group. Perhaps Miton?|
|So that was circa 15% of the total number of shares reported today. Presumably that was the catalyst behind the recent rise|
|What the hell is going on here. Massive volume of 400p trades - which I hope were delayed from 2 weeks ago as that's 20% south of where we are now. Either big buyer then or seller cleared. Price didn't seem to budge today so think it's all good|
|My shares have quadrupled here over 4 years. Very good. Couldn't resist selling half today. Will keep the rest but always nice to have shares with an effective zero cost. It's a really good company but no longer cheap on any valuation metric.|
"Impressive performance from landmark stores - with more to come"
Robust growth in asset value and record financial results ahead of expectations
Adjusted Net Asset Value(1) per share up 27.6%
Group Revenue GBP16.06 million up 4.1%
- like for like (LFL) (2) up 7.6%
Group Adjusted EBITDA(3) GBP6.30million up 10.8%
- LFL up 14.0%
Annual dividend 9 pence per share up 12.5% (2015: 8 pence per share)
Cash available for Distribution (CAD) (4) 18.1 pence per share up 17.7%
Net debt down to GBP23.5 million (2015: GBP25.3 million)
Loan to value ratio down to 20.8%(5) (2015: 25.8%)
Self-storage revenue GBP13.44 million up 1.2%
- LFL up 5.1%
Unit Pricing up 2.2 % LFL
Unit occupancy up 2.0% LFL
Document storage profit more than doubles
Revenue GBP2.17 million up 11.1%
Adjusted EBITDA GBP0.59million up 125%
Growth from new stores and more new stores to come
3 Stores opened in Chichester, Bristol and Southampton
4 Sites acquired in Wellingborough, Gillingham, Hemel Hempstead and Broadstairs
New sites will add 14% to trading space
What's not to like? LOK is now 30% of my portfolio thanks to some good gains this year.|
|Very happy. As an ex customer I've seen first hand how well this is run. There is a tight control on costs and regular reporting at all levels.LOK is now about 15% of my portfolio with no plans to sell up.Good start to the week.|
|LOK Lok N Store
LOK Lok N Store.... Record financial results ahead of expectations on all measures
|Video interview with Andrew Jacobs
Andrew Jacobs, chief executive of Lok’n Store Group Plc (LON:LOK) says self-storage is “a very attractive business” at the moment.
Speaking to Proactive, he says that the company is “moving ahead at a very reasonable growth rate”, and that he is “very positive” about the company’s trading.
The firm reported robust trading in the first half of its financial year last month, with revenue at its core self-storage business up 5.4% in the half year to end January.|
|LOK Lok N Store (storage company)
One which warrants further research, especially looking at the increase in volume on friday. Had good results just recently and not over priced going forward.|
|Also tipped in the Midas column this weekends Mail on Sunday.|
|hi wan. we first met on this thread in sept 2004 !
i sold out in 2005 but your timing was much better, you sold in 2007.
do you still keep an eye on lok?
if so, do you think there is anything to get excited about at these levels? would appreciate an update on lok if you are still here.
hope you are keeping well and the intervening years have been kind to you.
|A reminder that LOK'NSTORE will be presenting at our next growth company seminar in London on Thursday if anyone is interested in attending. More details at... hTTp://www.sharesoc.org/seminaroct2014.html|
Revenue GBP13.91 million up 7.2% (2013: GBP12.97 million)
Adjusted EBITDA(1) GBP4.62million up 11.6% (2013: GBP4.14 million)
Net debt GBP25.5 million (2013: GBP22.5 million)
Annual dividend 7 pence per share up 16.7% (2013: 6 pence per share)
Adjusted Net Asset Value per share(2) up 9.6% to GBP2.71 (2013: GBP2.48)
Can't complain. I have storage in the newly opened Maidenhead store and must say that it's managed very tightly at all levels - locally, regionally and from HQ. Seems a very tightly run Company. Main reason I bought into LOK earlier this year.
Up 5% so far - just a shame that that cancels out the 5% decline over the previous month. Hoping for a new base at this level.|
|LOK'NSTORE will be presenting at our next growth company seminar in London on the 23rd October if anyone is interested in attending. More details at... hxxp://www.sharesoc.org/seminaroct2014.html|
|Bought in this morning..holding for the long term...GLA|