|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
|Nice update, finnCap note out this morning: Https://www.research-tree.com/companies/uk/real-estate-investment/lok-nstore-group-plc/research/nav-up-28-/13504|
"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|
|Lok recommended as a buy in shares magazine this week|
|Monday 9pm BBC2 Real Storage Wars - businesses that have done well in the recession starring my local LOK during build and opening ceremony (Maidenhead)Already hold but have also topped up hoping for some good PR for the company.|
|Great move upwards, clearly helped by the IC article, although I haven't read it, no access|
|John (Lord) Lee gives LOK a mention in Investors Chronicle, for those with access. His articles are always worth reading:
|Yes, all looks pretty solid. Happy hold. Housing market strengthening should give them some positive momentum!|
|Good results posted.|
|More buyers by far again although admittedly volumes are hardly significant, great share already making a decent profit, but as I'm greedy would like more! Cheers|
|Lets hope so|
|More buys than sells but low volume, someone knows something perhaps?|
|Steep rise today, second month running. Any views?|