Big Yellow Share Discussion Threads

[netcurtains] 24/11/2021 09:00

UVA: Yes Google has Big Yellow's PE about 10.5 and Dividend yield at 2%. Both not bad for a growth stock.


(safestore by comparison (using google figures) has PE of 11.4 and dividend yield of 1.5%).

[undervaluedassets] 24/11/2021 08:49

good results.. as always..

[netcurtains] 21/11/2021 20:12

Just been watching "Storage 24" (backed by "Big Yellow Films"). Its very entertaining.
Its on Netflix.
Worth a watch.

[netcurtains] 17/11/2021 07:43

Blimy Safestore results look good!
Should boost sector (touchwood) - if not already factored into price

[bountyhunter] 06/11/2021 21:22

REIT comparisons and new issues...

[netcurtains] 21/10/2021 10:27

Safestore has broken new highs so Big Yellow is a long long way behind.

[netcurtains] 20/10/2021 11:37

Nice RNS - And storage is in...


"
Big Yellow announces that is has secured a resolution to grant planning consent for an approximately 90,000 sq ft store at its site in on the Bath Road in Slough.
"

[undervaluedassets] 18/10/2021 10:53

Nice RNS on 14/10/21 ..

Borrowing costs going down + the news the BYG will soon be generating all of their own energy using solar on the roofs of their buildings. Storage really does not need much energy. But being energy-neutral (or even creating a surplus) has to be a boon for TEP. Good to know they can put all that roof space to good use.

It is also clear that they intend to reduce borrowing further with surplus land sales (valued at circa £100 million)

[netcurtains] 10/9/2021 09:53

Big Yellow - Growth company, PE still under 10.

[netcurtains] 08/9/2021 14:04

Looking at the graph this is the biggest one day fall since March 2020 (the start of the pandemic).

[netcurtains] 08/9/2021 10:28

Big Yellow now has a PE of under 10.

That is very good for a growth company.

[netcurtains] 07/9/2021 07:46

If you look at this planning update from last year it looks like BIG YELLOW will have continued growth up until at least 2024 and probably a long time after that.

On top of this, from safeStores update this morning it looks like the entire industry is still in a large growth phrase.

BigYellow has a significantly lower PE ratio than SafeStore



Big Yellow announces that it has secured resolutions to grant planning consents for a new 56,000 sq ft net lettable area store in North Kingston and 70,000 sq ft store in Wembley, both of which are in London.

Our new 77,000 sq ft Camberwell store opened in July and is leasing up well with occupancy after 8 weeks of 11.4%. The company has now secured planning consents on eight of the thirteen proposed stores in its development pipeline. These eight stores once constructed will provide approximately 500,000 sq ft of additional capacity.

James Gibson, Chief Executive Officer, commented

"We now have an oven-baked supply of consented sites which will allow us to build a sustainable stream of new stores over the next three to four years. We are progressing planning on our remaining development sites and continue to look to acquire more development land and replenish the pipeline as stores open."

[netcurtains] 06/9/2021 15:59

any experts here?
Does Big Yellow tend to do better in the Autumn as independent small shops use Big Yellow storage to hold their Christmas stock. Or is it the Spring when more people move house? Or is there no specific time of year that is better than another time of year?
Does anyone know?
Thanks in advance

[netcurtains] 02/9/2021 09:06

Low PE big profits.
Lots of money being made out of:
1. House moves
2. Extra storage of "products" due to brexit worries.
3. Covid uncertainity so mothballed gear stored here too.

I think this looks a great investment.

[undervaluedassets] 24/6/2021 14:45

Placing that completes today and funds the purchase of new assets that will be earnings accretive from day 1.

[undervaluedassets] 17/5/2021 15:29

Not surprised has been making highs of late..

Has very few input costs this company. hardly any heating or lighting needed and little maintenance; not that many staff either come to that. But plenty of freedom to raise prices as it sees fit

This company is a price setter, not a price taker so a good place to be should inflation hit.

[mtioc] 16/3/2021 13:37

Same. Unless, principals sell.

[undervaluedassets] 16/3/2021 12:52

Not a trader

Been here a decade and made 250% so far

also made another 50% approx in dividends.

Can't see the need for storing things going out of fashion so will be here another decade I reckon

[tongosti] 30/10/2020 08:16

One needs to correct mistakes early. Sold out yesterday and today first thing this morning. Less than -1.5% loss to my account in this one. Live to trade another day fellas!

[tongosti] 27/10/2020 16:30

Contrarian as it is this is looking not bad too bad for a well calculated punt folks.

[ygor705] 10/6/2020 09:56

Given what has been going on of late these are very encouraging numbers. Revenue, cash flow and dividend are all higher and eps is only lower because of a negative revaluation review. Solid hold in these uncertain times.

[undervaluedassets] 21/5/2019 09:28

core holding for over a decade for me.

very conservative and consistant.

[ygor705] 21/5/2019 07:33

Solid numbers this morning with revenue, eps and dps comfortably ahead of last year. The acquisition of new sites also offers further growth from here.

[dancingqueen] 22/3/2019 16:56

@undervaluedassets - Same. Pleased with performance so far.

[undervaluedassets] 08/3/2019 11:59

steady progress everywhere including new openings.

Storage doesn't date, go off or go out of fashion.

Oh and it does not need any maintenance either

Looking forward to the full year.