Lok'n Store Share Discussion Threads

[vassily] 29/7/2007 17:05

LOK holding, BYG and SAFE still dropping. What will the future hold?

[vassily] 26/7/2007 00:25

I agree with johnrxx99. Interest rates are in an uptrend. Worth waiting for more possible decline before a purchase, although it is probably being priced in right now. Some patience required.

[mitzis] 25/7/2007 08:53

Same here John although sub 200p would be tempting.

[johnrxx99] 25/7/2007 08:49

could be another head and shoulders. Until intererest rate rumours stop, will be in down trend. Out a while ago.

[mitzis] 25/7/2007 08:09

I think its 220p timmbo or if that fails 160p.

[timmbo] 25/7/2007 07:57

drop continues...can anybody see any support in chart?

[mitzis] 24/7/2007 14:27

never thought it would fall this low.

[timmbo] 18/7/2007 16:29

SAFE announced good figs recently. nice bounce. bit of time before LOK results though...

[silverfern] 12/7/2007 09:33

When you write 'next asset value' would I be right in thinking that is the value on the company books. If so, the NAV is likely to be much more even in a flat protpery market. Ths is from the RNS in June: "..pleased to announce the sale of its freehold operation in Woking for #2.4 million payable in cash in July. The Woking property originally cost #444,000 and has a book value of #602,000."

I bought in today - the fall seems overdone. DYOR

[eire voyager] 11/7/2007 10:17

This is now trading at a discount to Net Asset Value. Big Yellow also released positive trading statement today, sector may remain week in the short term but these are still bargain prices for LOK & BYG IMHO.

[johnrxx99] 11/7/2007 10:06

hi Brasil, er, don't know much about company then.

[hybrasil] 11/7/2007 09:36

I think this has a lot more to fall. It is only a property company and it is trading at nearly 4 X Net assets.

[johnrxx99] 11/7/2007 01:40

PS: looks like head and shoulders has been completed.

[johnrxx99] 11/7/2007 01:39

Yup, rather disappointing. I guess will be weak until interest rates stabilise but then there is the poor residential market to worry us. Would like to top up but no knives this time for me.

[honestjim2] 10/7/2007 17:11

gswredland

Don't know but it was tipped in the Momentum Investor a few months back. So I bought nearer £3 and its tanked ever since....but then everything I've got is be tanking at the moment.
:-(

[gswredland] 10/7/2007 08:45

was this tipped in midas in sunday mail?...a couple of months ago?

[livinginhope] 09/7/2007 15:20

Just closed my spreadbets so now watch this share recover it's strength.

[paul140352] 09/7/2007 12:33

Looks like a sure bet to get to 180 ish.

[mitzis] 06/7/2007 15:06

Same here timmbo taken a loss will watch from now on..

[timmbo] 06/7/2007 14:52

bye bye 4 now..broke stoploss. c u at 220 prob......

[mitzis] 28/6/2007 11:08

I'm sorry to hear that Jim 250p is low enough.

[honestjim2] 27/6/2007 17:28

Mitzis
Just hope it doesn't go through it too far. I only bought recently and am already 15% down :-(

[mitzis] 27/6/2007 09:14

LOK to retest 250p..?

[vassily] 18/6/2007 13:42

Seems SAFE and BYG are being re-rated. I thought this would happen. LOK is affected too, but LOK's share price might hold up better due to the more conservative valuation of the company.

[nickjoseph] 04/6/2007 10:21

Good to see you have an interest in this board. Good news today with the acquistion and sale. They are certainly looking to achieve their expansion plan. the shares should get their just reward re-rating soon.