Lok'n Store Takeover Rumours (LOK)

this takeover leaked badly in the last few days....people in 'dark glasses' cashed in even yesterday late afternoon. reason why it's so difficult to beat the market, is the problem of insider dealing particularly prevalent in the smaller cos in the UK and the larger cos in US?

Takeover bid on the cards?

softness in occupancy offset by marginal increase in price per sq foot, 4% ahead is behind after allowing for inflation below the 5% they're paying on loan Increase in NAV expected on revaluation of 2 stores now opened at year end. Well-invested and located estate. Therefore still a takeover target eventually.

running hard to outpace cost increases, occupancy marginally down, debt very low set to rise slightly, must be a takeover candidate eventually, 5th largest self storage operator after Big yellow, safestore , shurgard and one other? access. recently opened store trading described as 'good' rather than 'excellent' which was the adjective used previously, slight pause in the building programme for new sites by the looks of it. On the face of it, cheap in relation to NAV though many others in real estate on similar discounts.