Safestore Share Discussion Threads

[babbler] 18/1/2023 06:38

Just to make you aware this has been deramped as an avoid by the times today so might fall. In case you see a fall and wonder why....

[mortimer7] 17/1/2023 08:41

Now hitting 1000p, 25% up from the October lows of 800p, but still way short of the all time highs around 1400p in Jan 2022.

[18bt] 24/11/2022 07:25

Still keeps growing and sounds like some excellent sites have been acquired to continue the trajectory. Watching the observable decline in occupancy rate as they continue to raise prices.

[my retirement fund] 02/10/2022 09:20

Yes very surprised its not been marked down to a sensible discount. Seems to have held up exceptionally well as has its mate, Lok n store.

[hybrasil] 28/9/2022 07:57

I was a substantial investor in this many years ago.

Even after the falls its overvalued. Its worth its assets but that's about it.

[kalai1] 08/9/2022 14:05

Safestore Holdings plc issued a Q3 Trading Update this morning confirming that strong trading continued through Q3 2022 i.e. the period 1st May to 31st July 2022. Revenues were up another 15.1% yoy, ytd revenue is up 15.6% versus the same period in 2021. Closing occupancy was up 8%, maximum lettable area was up 9.9% and the average storage rate was up 8.9% to £28.59. So more space and higher rates. The Group is still expanding solidly and acquired two new freehold development sites in South West Madrid and Almere (Netherlands), adding 91,000 sq ft of MLA to the pipeline. Share price remains in a correction through 2022 so far, valuation is also still average. The company is solid growth and decent quality, but there is no rush to buy. SAFE is a share to monitor for now....

...from WealthOracle

hxxps://wealthoracle.co.uk/detailed-result-full/SAFE/546

[18bt] 08/9/2022 06:27

Same old .... growth. Can't understand the lack of interest from PIs in this share.

[18bt] 21/6/2022 06:23

Another set of very strong results, with the prosepect of more to come. Upgrading market consensus to 47p of earnings - and that looks like it has room for improvement later in the year. Dividend increase particularly pleasing.

[johnwig] 13/4/2022 12:01

Thanks. This is a cornerstone share for me...

[es222mo] 13/4/2022 08:59

HSBC cut its recommendation to Hold . Still a Buy in my opinion great value .

[johnwig] 12/4/2022 21:54

I'm in the USA. Is there something happening here that I don't know about, apart from the obvious ridiculousnesses, tragic and otherwise?

[18bt] 17/2/2022 08:46

Current year started the same way as 2021 ended - v well!

[hawaly] 16/2/2022 15:53

Trading update tomorrow

GLA
😎

[llados] 23/1/2022 15:08

brianarthur1939 - Good update in I.C. this week, recommended to take profits. So, we wait.

[brianarthur1939] 21/1/2022 15:15

Anybody got any idea who is selling? It looks like profit-taking to me. I'm obviously hanging on because of Safestore's very exciting fundamentals. I would like to double my holding if I can find the current bottom!

[martinc] 30/12/2021 16:21

Yes, I agree. I bought it as a safe plodding dividend payer, and it's done rather well

[18bt] 30/12/2021 13:21

It keeps on giving . my best performer over 8 years in my SIPP - it has compounded at over 28% with dividends reinvested. My only mistake has been 3 top-slicing sales over the period, which I now greatly regret!

[johnwig] 30/12/2021 12:10

I've become very fond of this share, LOL. I particularly like the graph at the top of the thread......

[km18] 18/11/2021 14:49

Safestore issued a Q4 trading update yesterday morning titled an “Excellent final quarter with accelerating growth completes a record breaking year”. It doesn’t get much more upbeat than this. Group revenue was up 21.0% and for the full year up 15.5%. There was also some positive earnings guidance, “Full year earnings to 31 October 2021 anticipated to be slightly ahead of previous guidance of 39.5p to 40p of Adjusted Diluted EPRA Earnings per Share”. The share price is still trending higher strongly, business performance is supportive. The company is no longer cheap, but is high quality and has momentum. Still a BUY....from WealthOracleAM

https://wealthoracle.co.uk/detailed-result-full/SAFE/249

[netcurtains] 17/11/2021 07:42

Blimy looks good!
Should boost sector (touchwood).

[volvo] 17/11/2021 07:31

VOLVO 22 Sep '21 - 09:06 - 339 of 358 Edit

Trotsky, just the normal TS profit taking, v good entry point now.....been stocking up below 1100p

Everything points to a return above 1200p short term.


Great results, will close the trade from 1100p today hopefully in the 1300p area.

[nerja] 29/10/2021 14:48

Interactive investors winter list,

Lio, Safe, Xpp, Hlma, Adm, Synt, SXs, Hils,

It’s performed very well over the last 8 winters

[netcurtains] 12/10/2021 09:02

You would think with shortages etc individuals and small businesses will be using store companies more to store goods for "just in case".