Already broken out - next leg up here perhaps.
CR |
nurdin .. you still holding here? |
..and indeed it is.Now trading on next years PER of 10.8 but reckon this will drop on upward revision of earnings forecasts.NAV will also rise to near 190p with the expansion planned in the coming year.
Good solid performer...imo |
Trading statement this Thursday....reckon it will be very positive :o) |
Yes that occurred to me too MTG...but I dont know what the vendors responsiblities are here.They let these units out for the explicit purpose of storage of goods....if the client decides to use it for any other purpose what liablities do the vendors carry....a grey area I reckon. |
nurdin - I watched that BBC feature. Found it very interesting - but am surprised the regulatory authorities allow some of the uses shown. Rules covering workplace ventilation/watersupply/washing facilities etc being flouted quite freely it seems. That programme will certainly have prompted a lot of interest from potential new users - but might also prompt a clampdown! |
verge of a break out :o) |
Had a few early doors....nice report on BBC news this morning about how the demand for storage units is rising, being fuelled by people looking for cheap small units for practicing their hobbies...rock bands,dancing,exercising,etc.A new twist to the market.... |
Hoping for a good statement on Tuesday.
Consensus 2009 eps=9.61, 2010 eps=12.78 |
anyone around results next week shpould be improved on last year? |
why so amotoor |
hybrasil : The way things are I think u may get it even cheaper than 25p.......imho...dyor...;-)) |
It seems so.
Lots of debt and declining asset prices. D'oh. Roll on the next results. |
My 25p is coming. |
well then - its even worse! |
hybrasil : 250mil Debt was at Interim, so if now its 300mil than that looks even worse. |
debt more like 300 million!!! |
DEBT stood at HUGE £250mil at half year and now in current Credit Crunch climate where property value started to shrink and Housing market in serious decline, IS triple squeeze and Safestore will suffer. Directors who made lots of money when Safestore came to market and now trying to buy a piddle amounts back to show the confidence to the market, I guess markets didn't fell for the trick and punished share price further. IMHO....DYOR. |
I did bet downwards on it during some of its recent fall, and banked a worthwhile gain from doing so. I hold no position at present. Sideways and/or drifting down looks likelier than recovery, I guess. But don't take that as being a well researched verdict - it isn't. I still have the SAFE chart displayed on the DOWN thread. |
did you short this one mt glass. If so well done. I believe it has quite a way to
fall still. What do you think? |
There has been this past 6 weeks.. |
Thanks v
I believe there will be a lot of money made here . |
Hb
Well done on your prediction. I think you are right, further turmoil in the markets then the sentiment that follows will drive this lower. I think most of the real estate stocks will go down further as their properties are revalued. I await good value entry points; entry points that have not been see for decades perhaps. More research required. |
well the 50p is here now. |
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