Big Yellow Share Discussion Threads

[hybrasil] 28/11/2002 20:52

Its taken them a long time to realise that business is about profit-see todays announcement.
They are closing Paris and intend concentrating on profitabilty!
It will be quite some I guess before they are profitable as it takes anything up to 36 months to "mature" one of their sites. I remain of the view that at .55 I will probably buy. I cannot see any value in them at a price considerably exceeding NAV

[hybrasil] 02/11/2002 18:42

They are now getting close to my suggested .55p. At that level they are probably worth buying for the long haul

[hybrasil] 17/9/2002 08:26

What a daft strategy,for a co in growth phase to go buying back its shares.
They clearly do not understand that the shares are poor value and can only fall to approx 1/3rd discount to NAV.
Cash is Cash.
I have not sold short but in May I said these were poor value. I.M.O they have a southern route to go yet.

[hybrasil] 06/8/2002 11:41

I suggested in May that I thought the share was overvalued and that I thought a fair price was .55p. I still hold that view . You will see that a director bought at 1.00. Interesting that they are not buying at these levels despite a 20% fall.
The way forward is for this industry to consolidate and instead of returning money to their shareholders they should buy safestore. That will give a serious marketplace size.

[market_leader 2002] 18/7/2002 13:18

Check out NWD for a quick profit. MMs obviously short of stock, worth buying a few for a quick 20% gain.

[spark240] 09/7/2002 20:49

Most of the existing stores are expanding,as well as new ones still going up,self storage is amazingly popular.

[riverdiver] 09/7/2002 09:28

Impressive trading statement today.

[hybrasil] 06/7/2002 14:45

The market is agreeing with me

[nightshift] 20/6/2002 18:30

The chairman seems to disagree with you.

12/06
LONDON (AFX) - Big Yellow Group PLC said its non-executive chairman David
White has acquired 20,000 ordinary shares at 100.5 pence per share.
White now holds 220,000 ordinary shares in Big Yellow Group.

(One to watch?)

[hybrasil] 20/6/2002 18:05

It loks like the market is beginning to agree with me

[hybrasil] 31/5/2002 12:23

Do you not think this share is way over valued for what it is? At the best , as I have said on other sites, this is an hotel company for things as opposed to people. Why then, not buy something like Jarvis Hotels trading at a discount of in excess of 50% to NAV as opposed to this.
I hold no shares, nor have I have sold short, but where in the name of all that is holy is the value here?
I would be most interested if any one can demonstrate the value of this stock at in excessof 55p

[ajbird] 03/5/2002 13:22

Results probably next week. I do not see any downside to this company-any views?

[spark240] 10/4/2002 13:13

cmmadn
I think it was around march 2000,i can check and let you know.
Brighton and guildford starting now.

[cmmadn] 08/4/2002 09:58

Can anyone tell me when big yellow became a AIM Market stock

[bloolee] 27/2/2002 14:07

spark240,

I can wait, should be very interesting.

hybrasil,

No point BY will be the winners in that particular contest.

[hybrasil] 26/2/2002 08:31

Big yellow has a market cap of 125m Why dont they just buy safestore (I hold shares in safestore)market cap about 30m as the fastest route to expansion

[spark240] 19/2/2002 19:12

Expansion still going for another 2 years,another due in new malden soon,we are working on bow at the minute ,its a monster!

[bloolee] 12/2/2002 00:15

I went into Battersea branch at the weekend - it was the first time I had actually been on site. Branch only opened late last year. Manager says they are doing fine and has maxed up on the shares himself. I was impressed by the fact that the branch operates on a staff of only 3 people. On-going costs have to be minimal. Surly profits will ensue once expansion slows.

[strudwick] 04/2/2002 15:39

They are expanding rapidly, but spending a fortune doing so. There is a lot of competition now. Safestore recently closed down about 6 of their sites after only about a year in operation. So I would tread carefully.

[spark240] 16/1/2002 19:11

Now starting again this year,working on brighton & guildford,

[spark240] 06/12/2001 19:14

Currently working on the new bow store in london, its the biggest to date so i think the future is bright.......... the future is yellow ! but it maybe some time coming.

[bloolee] 25/10/2001 16:40

spark240,

Any news from your perspective?

[bloolee] 25/10/2001 16:39

Worth a punt now? They are going to be underpinned by the freehold property values. The business model works well in the US and over here the sector will probably shake itself out to 1 or 2 big players so there is the chance they may a) get eaten, or, b) become a market leader with economies of scale.

I'm in for a modest amount, it will be interesting to see what transpires, but I don't expect fireworks for a while.