ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

LOK Lok'n Store Group Plc

1,110.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Lok'n Store Group Plc LOK London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1,110.00 16:29:46
Open Price Low Price High Price Close Price Previous Close
1,110.00 1,105.00 1,110.00 1,110.00 1,110.00
more quote information »
Industry Sector
REAL ESTATE INVESTMENT & SERVICES

Lok'n Store LOK Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
30/10/2023FinalGBP0.132523/11/202324/11/202305/01/2024
24/04/2023InterimGBP0.057504/05/202305/05/202309/06/2023
31/10/2022FinalGBP0.122524/11/202225/11/202206/01/2023
25/04/2022InterimGBP0.0505/05/202206/05/202210/06/2022
01/11/2021FinalGBP0.106725/11/202126/11/202107/01/2022
26/04/2021InterimGBP0.043306/05/202107/05/202111/06/2021
02/11/2020FinalGBP0.0926/11/202027/11/202008/01/2021
27/04/2020InterimGBP0.0407/05/202011/05/202012/06/2020
04/11/2019FinalGBP0.083328/11/201929/11/201910/01/2020
29/04/2019InterimGBP0.036709/05/201910/05/201914/06/2019

Top Dividend Posts

Top Posts
Posted at 11/4/2024 09:49 by c3479z
so, where does one put the proceeds with IHT mitigation in mind? sad that ABC, EMIS and LOK have gone three of the more reliable outfits on AIM
price has risen above the offer - any chance Big Yellow or safestore might counter-bid?
Posted at 11/4/2024 08:10 by george stobbart
Someone from the LOK leaky boat must have whispered to the brokers the past few weeks
Posted at 30/10/2023 10:48 by makinbuks
Real value here. NAV £9.86 (discount 33%). Dividend 19p, 1.5X covered, yld 2.9%, 10 year record of increases. Excellent trading prospects, post y/e revenues +6% and new stores opening. Extremely lowly geared at LTV 3%. There could easily be 50% upside here
Posted at 14/8/2023 15:13 by km18
Lok’n Store issued a trading update for the year to 31 July 2023 this morning. Same-store self-storage revenue was up 12.1%, total self-storage revenue was up 5.3%, while pricing was up 6.8%. Total occupied unit space was level with last year. Further progress on the new store pipeline was made with two new Landmark stores opened in Bedford and Peterborough taking the total number of stores in the portfolio to 42. Building work continues at 3 new Landmark store developments in Staines, Basildon and Kettering, all of which are expected to be open within the next 12 months. Valuation remains a cloud with forward PE ratio at 25.9x comfortably bottom quintile for the Real Estate Operations sector. The share price has also been drifting sideways for 2 years and lacks momentum. One to monitor for the time being...

...from WealthOracle
Posted at 13/2/2023 12:14 by kalai1
Lok’nStore Group plc issued a solid trading update for the six months to 31 January 2023. Same store revenue was up 10.3%, price per square foot was up 9.2% with Net Asset Value expected to be broadly unchanged from the £9.72 per share at the end of FY22. There has been a significant development of new store pipeline, which when developed will add 48.8% to owned trading space. So there is plenty of expansion ahead. The business has seen some cost pressure specifically in the areas of business rates and energy, but management expect the rate of cost growth to return to more normalised levels in due course. Valuation is unhelpful with forward PE ratio over 30x, PS ratio over 10x and PB at 1.41x. All are comfortably bottom quartile for the sector. Share price also lacks momentum for now. One to monitor for the time being...from WealthOracle
Posted at 19/5/2022 14:03 by ram376s
Holding LOK .300 nurses to train with GDR new game changer test .Anticipated news . Multibag possible .
Posted at 22/2/2022 17:58 by km18
...from last year...

Company overview:
LOK is a self-storage company based in the UK, with a total of 36 stores (as of 31/01/2021) MLA sq. ft. of 1.817m. Company’s strategy is focused on providing the best price possible, with the possibility for the client to hassle based on quotes from competition. Growth over the past few years is fuelled by acquisitions of new freehold sites and strategic recycle of old and unprofitable assets into a new pipeline of expansion projects, further supported by a large banking facility expiring 2024. The gearing of the company has increased over the last 3 years following these activities to 44.6% mainly with long term obligations.
The interim results for the period ending 31/01/2021 were quite positive, group revenue was up by 13.9%, at £10.21m channelling a healthy 17.3% growth in EBITDA at £5.5m. Strong cash performance supported 8.25% increase in interim dividend to 4.33 pence. Strong trading was evidenced by “unprecedented occupancy growth” of 24.7%. In the latest update, company saw again increased occupancy at 85.8% and year end pricing went up by 8.7%. Pre-close trading seems to be strong, with 20.9% growth in revenue compared to same period last year. Good news are coming also from LOK’s new store pipeline, details for which can be found below. The company has managed to secure 5 planning permissions and continue to deliver on their plan to increase trading space by 38% and operate 50 stores....

...from WealthOracleAM
Posted at 21/1/2022 16:48 by makinbuks
Consolidation in the sector has often been muted but nothing ever happens. LOK seems obvious because it trades at a discount to rivals. I think its probably still cheaper to grow organically than to buy out rivals. Also not clear what value to ascribe to the intangibles, the name the logo the brightly, coloured buildings etc. Is that part of what you buy and delivers value or do you just want the space?
Posted at 21/1/2022 13:15 by george stobart
LOK likely takeover target
Posted at 02/11/2021 11:02 by jeff h
Peel Hunt upgrades Lok’nStore after ‘stellar’ results

Peel Hunt has upgraded self-storage provider Lok’nStore (LOK) following a ‘stellar performance’ and a change to its dividend policy.

Analyst Sebastian Isola upgraded his recommendation from ‘add’ to ‘buy’ and increased the target price from 780p to 950p on the stock, which closed up 2.6%, or 22p, at 857p on Monday.

The company delivered an ‘excellent’ set of full-year results, with net asset value up 32% and dividends up 15%, said Isola.

‘This represents Lok’nStore’s 10th consecutive year of dividend increases and a step-change in the dividend policy as the company looks to accelerate the dividend growth,’ he said.

‘The pipeline remains extensive with the potential to add 38% more trading space over the next three years and with the balance sheet in excellent shape the company has ample headroom to deliver this.’

Your Recent History

Delayed Upgrade Clock