Big Yellow Share Discussion Threads

[nellie1973] 08/2/2011 16:40

Broker notes out

[irenekent] 14/10/2010 07:15

This is a bit of a sleeper but now looks like a good recovery play. Quietly going upwards.

[scburbs] 26/4/2010 12:44

"The Self-storage Market in the UK

The self-storage market in the UK has grown rapidly over the last decade and continues to offer a great opportunity, particularly to major operators such as Lok'nStore. The 2008 UK Self-Storage Association Industry report prepared by Mintel estimated that the industry had grown by between 8% and 15% annually over the past five years. In its 2009 update Mintel reported that despite the tough economic climate, the industry had grown by around 4% over the past year in terms of available rentable space.

In the UK there are now about 800 primary facilities (not including container self-storage facilities) and around 28 million rentable square feet - an increase of more than one million square feet (4%) of space in the last year. There is 0.5 sq ft of rentable space for each person in the UK. There are over 300 separate companies operating self-storage facilities in the UK with around 45% of the available space in the hands of the larger operators. Lok'nStore is the fourth largest and one of three quoted storage operators in the UK.

The industry in the UK generates revenues of about £360 million per annum and has over 235,000 customers currently storing.

The more mature US market grew from 2.9 sq ft per head of population in 1994 to 7.4 sq ft in 2009 with over 50,000 facilities throughout the US. There are also 1,300 facilities in Australia and New Zealand representing around 1.1 sq ft per member of the population. The lower penetration in the UK contrasts with the difference in population density which is only 32 per sq km in the US against 246 per sq km in the UK. This creates far more pressure to use property resources efficiently in the UK, which is a notable driver of demand for self-storage. Combined with this, the restrictive town planning regime in the UK is a strong barrier to entry in the industry, although in the short to medium term more property will become available to the self-storage industry as competitive uses for sites struggle economically."

[ukinvestor220] 12/3/2010 14:30

its cap is 423m and forecast profit is 15.4 so like 27 times profit ??
no comprende

[ukinvestor220] 12/3/2010 14:27

........ but i bet he did

[yohoho] 07/2/2010 16:30

those rumours wont lie down.....

[yohoho] 26/1/2010 21:41

nope, rumours surrounding the private life of one of the directors. Probably rubbish I'm sure.

[the_doctor] 26/1/2010 21:14

Masurenguy, at Vialogy Kelly and Slater sold virtually all of their stock.

Sure, things have moved on, but in the last week we've seen staff/ex-staff exercising options. Maybe they were due to lapse, I'm unsure, but otherwise I'd guess that they've been exercised to take advantage of the high share price
Presumably you also consider that not exactly a vote of confidence?

[yohoho] 26/1/2010 21:06

what are these rumours surrounding one of the directors?

[masurenguy] 14/9/2009 17:34

3 Directors exercised their share options for 1.1m shares and immediately sold them @390p worth nearly £4.9m. Not exactly a vote of confidence !

[thebridge] 28/5/2009 17:48

300 broken!

[thebridge] 22/5/2009 12:03

Keeps testing the 300 level resistance. Question is will it ever break it??

[shoee62] 06/5/2009 10:36

Looks like it has broken to the upside, 300 a big level of resistance since 0ctober

[vassily] 09/12/2008 02:10

How about under 2 pounds?
David Ross resigns from CPW.

[theoriginalface] 08/12/2008 10:33

Shares in Carphone Warehouse fall as much as 6.5 percent to a 5-1/2 year
low of 87 pence after Europe's biggest independent mobile phone retailer says
outgoing director David Ross has pledged 136.4 million shares in the company
against personal loans.
Two traders said the fear was that Ross would have to sell the shares.
Carphone adds that Ross, who has resigned as a director, has no current
intention of selling any of his shares and that no other director has entered
into similar arrangements.
Shares in UK self-storage group Big Yellow Group Plc, where Ross is also
a director, fall as much as 5.5 percent after the company says he has also used
11,456,140 shares in the company to help secure personal loans.

[hybrasil] 18/11/2008 08:08

its interesting to see the dividend being cut.
Not a good sign.
This could have quite a bit further to fall