Share Name Share Symbol Market Type Share ISIN Share Description
Lokn Store Grp LSE:LOK London Ordinary Share GB0007276115 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 395.00p 385.00p 405.00p 395.00p 395.00p 395.00p 8,156 07:54:33
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 16.1 5.5 16.6 23.8 115.65

Lokn Store Grp Share Discussion Threads

Showing 1451 to 1475 of 1475 messages
Chat Pages: 59  58  57  56  55  54  53  52  51  50  49  48  Older
DateSubjectAuthorDiscuss
10/8/2017
15:39
The total accumulated deemed uncover-able debts are 185 kI don't think this is a problem considering annual turnover. I suppose a few bad payers is inevitable
1pvh
09/8/2017
13:17
I wonder if the increase in receivables and the debtor days increase is a trend from 2015/16 into this year. Whilst there is a right to 'sell' debtors goods if they fail to pay I am not sure if this would generally clear the debt. Its not clear how long (ie how big the outstanding amount per account is & at what cost) before this action is taken. Debtor days has increase over the past five years reported 53 68 76 59 to 113 most recently. I would like an insight to this year's number. I would expect management to have this under control but on the other hand it could it cold ballon quite quickly I suppose. I will have to wait and see, while I watch the share price
oxie
08/8/2017
11:45
I think the recent share drop provides a buying opportunity here. Good asset level at 387p in last figures.Expanding nicely with owned and managed units. The management team led by the founder Andrew Jacobs has been here for 22years.I've owned the shares for a number of years and have been adding at these levels.
1pvh
03/8/2017
17:19
Sorry my paper has been thrown away and the answer to Post 1371 is the broker makes the statement and if thought to be a lie then they could open the dealing books......
anley
02/8/2017
22:15
26 April @ 425p: "This sale was undertaken to satisfy demand for the Company's shares". Is any evidence required in such circumstances ?
coolen
02/8/2017
19:48
could you give a link to the telegraph article anley?
3800
02/8/2017
17:08
In the meantime the shares have fallen away to 384p and even a mention today in the Daily Telegraph has not helped.................
anley
28/4/2017
13:40
Those institutions would not have paid 425p unless they were certain that the broker had the right information for them to make a BIG turn............the price prediction of £5+ therefore stands............. We shall wait and see.
anley
27/4/2017
11:26
Anley I would agree with you. Lok'nStore, the fast growing self-storage Company, is pleased to announce that on 26 April 2017 it sold 491,869 ordinary shares of 1 penny each in the Company ("Ordinary Shares") held in treasury. At the same time, 255,000 Ordinary Shares were sold on behalf of certain directors of the Company (the "Directors"), as detailed below. This sale was undertaken to satisfy demand for the Company's shares, and to improve liquidity going forward. The Ordinary Shares were sold to a range of institutional investors at a price of 425 pence per Ordinary Share. Included in the shares sold by the Directors were 25,000 Ordinary Shares sold by Ray Davies, and 50,000 Ordinary Shares sold by Simon Thomas following exercises by them on 26 April 2017 of options held by them over the same number of shares under the terms of the Company's unapproved share option plan. The options were exercised at 213.50p in the case of Ray Davies and 136.00p in the case of Simon Thomas.
jurgenklopp
27/4/2017
11:13
425p may be a bottom as this is the price shares have just been sold by 3 directors as well as exercising stock options and selling those in to the market. I shall watch and may buy in if they fall under 425p.
anley
25/4/2017
10:28
I see the TIMES this morning are giving the stock a small push...............and one broker is saying that he looking for 510p........
anley
24/4/2017
23:55
Disappointed by the lukewarm reception to another good set of figures, especially considering the wider market was powering ahead today. Still, it had a good run-up prior to the results, so can't be too unhappy.
pulsey
24/4/2017
07:50
Lok'nStore Group Plc, the fast growing self-storage company announces interim results for the six months to 31 January 2017 "Strong balance sheet funds growth strategy and pipeline of 8 new landmark stores" Highlights: Strong trading and cash flow · Revenue £8.34 million up 4.5% (31.1.2016: £7.99 million) · Group Adjusted EBITDA1 £3.31million up 0.5% (31.1.2016: £3.30 million) · Adjusted pre-tax profit2 £2.1 million up 13.5% · Adjusted net profit2 £1.9 million up 81.2% Cash flow growth supports 12.4% dividend increase - progressive dividend policy · Cash available for Distribution (CAD) 3 £2.62 million up 6.5% (31.1.2016: £2.46 million) · Interim dividend 3 pence per share up 12.4% (31.1.2016: 2.67 pence per share) Significant growth in asset value, · Adjusted Net Asset Value (NAV) per share4 up 26.1% to £3.87 (31.1.2016: £3.07) · Total assets up to £142.65 million (31.1.2016: £113.4 million) Strong balance sheet, efficient use of capital, low debt · Sale of 1.975 million Treasury shares raising circa £8 million at 400 pence per share (purchase cost 150.3 pence), a premium to NAV4 · Net debt £16.7 million down 35.3% (31.1.2016: £25.8 million) · Loan to value ratio down to 14.4%6 (31.1.2016: 26.2%) · Extension of existing bank facility by 2 years until January 2023 · Effective cost of debt 1.65% · Rolling 12 month EBITDA 16.2 times net interest Consistent performance in the self-storage business · Core self-storage revenue £7.0 million up 3.9% (31.1.2016: £6.74 million) · Adjusted Store EBITDA £3.857million up 0.1% (31.1.2016: £3.84 million) · Occupied units pricing up 1.0% LFL8 · Unit Occupancy up 4.6% LFL8 Healthy pipeline of new landmark stores - 8 stores in pipeline · 4 new stores to open in 2017 in Wellingborough, Gillingham, Hemel Hempstead and Broadstairs · Plus 4 further new sites identified · Current pipeline adds 30% of extra trading space to the overall portfolio, 18% to our owned portfolio and 70% to the managed portfolio · Following successful completion of Managed Store pipeline will have 10 stores under management . Confident Outlook · The Group is well positioned for future growth Commenting on the Group's results, Andrew Jacobs CEO of Lok'nStore Group said, "With strong trading Lok'nStore's profits continue to grow, as interest costs and taxation also come down. We are investing in the future growth of the business building more new landmark stores. Our low debt allows this rapid development programme to be financed from cash flow and existing bank facilities, while progressively increasing the dividend. "Our new store development programme continues to change the balance of our stores with new and purpose built stores accounting for 64% of the portfolio. The three new stores we opened in 2016 are all trading well and the 4 sites acquired last year for new stores will open in 2017 increasing space by a further 18% and adding impetus to sales and earnings growth. "Our objective is to open more landmark self-storage centres while remaining conservatively leveraged to deliver robust, predictable growing cash flow and dividends from an expanding asset base."
jurgenklopp
20/4/2017
13:55
New stores will be up and running before the end of December 2017 and 3% (my guess) general up lift in sales at all the other stores. How aboth £5 per share next Monday...............
anley
19/4/2017
10:25
would have thought a period of dull like-for-likes is probable since they have opened/are opening a lot of new stores which take time to become occupied?
mw8156
18/4/2017
11:34
and so am I and thanks for reminding me that next Monday is results day.
anley
18/4/2017
11:23
Results are out next Monday - don't think they will disappoint. Well run Company, steady rollout of new sites and still concentrated in the South with plenty of Northwards expansion potential. Personally, I still believe that they are a way in for a US Corporation to gain a foothold in the UK. The US are much more into self storage. "I thought I would look at this BB only to find that the last post was December 2016!!" - sometimes the quieter boards are those of the better quality Companies, deserted by those out for a quick buck! V. happy with my shareholding, anyway.
pulsey
11/4/2017
11:27
I thought I would look at this BB only to find that the last post was December 2016!! The business has kept moving and perhaps spring is going to bring forth some good news and a price rise back to the highs...........we shall have to wait and see.
anley
22/12/2016
23:15
every man and dog tips this to be taken over will it be a Smith and Nephew always on the brink of being taken over and never happens?
mw8156
02/11/2016
14:33
These things don't happen instantly. I've no idea how it works, but we could assume that the process was kicked off a while back when the share price was lower. They would have had to fix a price at some point and committed to it. It's only been above £4 for a week or so. I'm sure that he didn't wake up yesterday and think. "Time to release some shares". Don't forget that he is a Private investor too, so has a double interest in achieving the best price. Wish he'd given me first dibs, though.
pulsey
02/11/2016
10:28
Disgraceful behaviour by Andrew Jacobs. Giving stock away cheap to the institutional fund manglers at the expense of private investors. 460--->400 Really? Hang your head in shame Jacobs!
sphere25
02/11/2016
08:11
That's me out for the time being. Looks like the rise was contrived to get this away. Might consider rebuying if we dip back under 400
davr0s
02/11/2016
07:29
Well, I never thought of treasury shares. It's effectively a fund raising to reduce debt. (Presumably the treasury shares came about from previous share buybacks). I don't like it. If they'd been that much demand, why a 60p discount to market price?
typo56
02/11/2016
07:22
Yes well spotted. Was that really the best price they could get. I'd have had some at £4 if they were on offer. So a 15% instant profit at last nights close that did - good business if you can get it. Question now is that going to suppress the price or will the market like it that a big debt chunk has been paid
davr0s
01/11/2016
23:06
Yes. (Probably). Good analysis there Typo.
coolen
Chat Pages: 59  58  57  56  55  54  53  52  51  50  49  48  Older
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