Safestore Share Discussion Threads

[18bt] 21/6/2022 07:23

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 13:01

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

[es222mo] 13/4/2022 09:59

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

[johnwig] 12/4/2022 22:54

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

[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 15:48

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 10:02

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

[netcurtains] 04/10/2021 15:06

Why the big fall this afternoon?

[volvo] 01/10/2021 07:32

Trading statement next week according to this article?

[volvo] 30/9/2021 08:13

New directors with a European flavour....see where the new growth is planned, larger shareholders will like this move, see a return to 1200p plus quickly

[netcurtains] 30/9/2021 07:52

pireric:

Asset growth is 9% a year (on average over past 5 years)
Current assets (april 2021) £1857M
at 9% growth for another 5 years: £2907M

On top of that they have pre-tax profit growth on average about 30%
Currently profit is £198M

If you want to look at SAFE in terms of NAV then it also looks incredibly cheap.

[netcurtains] 29/9/2021 19:50

pireric: That cant really be the full answer.
Profit to market cap is a really good value guide.
So we really need to understand why the fall now

[pireric] 29/9/2021 18:08

I don't think most people think about these companies on a PE ratio, netcurtains. Much more so on a premium/discount to net asset value basis

Eric

[netcurtains] 29/9/2021 16:56

Do we know why all storage companies share prices are consistently falling, even on good days. This is big yellow and safestore.
One would have thought they would be booming.

Looking at the PE ratios it's not because they are overpriced (market cap to profits is low if anything).