Share Name Share Symbol Market Type Share ISIN Share Description
Safestore Holdings Plc LSE:SAFE London Ordinary Share GB00B1N7Z094 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -19.00 -1.7% 1,100.00 211,454 16:35:06
Bid Price Offer Price High Price Low Price Open Price
1,098.00 1,100.00 1,122.00 1,091.00 1,122.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 162.30 197.90 84.60 13.0 2,319
Last Trade Time Trade Type Trade Size Trade Price Currency
17:29:38 O 24 1,097.958 GBX

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Safestore (SAFE) Discussions and Chat

Safestore Forums and Chat

Date Time Title Posts
31/1/201409:42Which Are The Safest Banks?2
08/4/200707:56Booming Self-Storage Sector Player2
29/4/200615:10Stuck in "Safe mode": Cannot get Windows to Run13
08/1/200411:13PUBLIC SECURITY stocks to keep you SAFE24

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Safestore (SAFE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-09-24 16:37:531,097.9624263.51O
2021-09-24 16:34:501,095.381621,774.51O
2021-09-24 16:29:381,105.118179,028.75O
2021-09-24 16:24:121,100.002,89931,889.00O
2021-09-24 16:17:341,104.661,20513,311.18O
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Safestore (SAFE) Top Chat Posts

Safestore Daily Update: Safestore Holdings Plc is listed in the Real Estate Investment & Services sector of the London Stock Exchange with ticker SAFE. The last closing price for Safestore was 1,119p.
Safestore Holdings Plc has a 4 week average price of 1,072p and a 12 week average price of 960p.
The 1 year high share price is 1,210p while the 1 year low share price is currently 723p.
There are currently 210,806,023 shares in issue and the average daily traded volume is 443,903 shares. The market capitalisation of Safestore Holdings Plc is £2,318,866,253.
eggbaconandbubble: All good points and of couse debatable. I see no real worries with SAFE. Its a rock solid company by all accounts. I will now just stay on the sidelines going forward and be keeping watch!
eggbaconandbubble: How can SAFE continue achieving growth when land in the correct places is scarce. Growth by price increase can only last so long!
volvo: Its all about growth. From the TS 7th September 2021. Adjusted Diluted EPRA Earnings per Share (7) for 2020/21 of in a range of 39.5p to 40p which would represent an increase of c.31% to 32.5% compared to the prior year."
volvo: 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. Troy’s Brooke adds Safestore for income 14th Septeber 2021 Troy’s Francis Brooke has been ‘drawn to the self-storage sector’ where he believes tight supply will benefit Safestore (SAFE), a new buy for his Trojan Income fund. The manager of the £2.7bn fund said ‘supply is tight and looks set to remain so’ in the self-storage market. ‘It is notable how difficult it is, even incumbents to find new space, particularly in desirable and densely populated, urban locations,’ he said. ‘Such strong demand and tight supply are evidenced by the 90% occupancy levels currently enjoyed [by Safestore].’ Brooke said these dynamics allow the group to ‘gently raise prices’ across its estate, resulting in ‘good like-for-like revenue growth’. ‘A further feature of self-storage is the fact that, once operational, a site requires very little incremental operating cost or capital expenditure. This is something that does not hold true for office or retail space,’ he said. Shares in Safestore closed flat at £11.09 on Monday, having risen more than 40% year to date. (MT Newswires) -- Liberum Capital on Tuesday lifted Safestore's (SAFE.L) price target to 13 pounds sterling ($17.90) from 12.25 pounds and kept its buy rating.
volvo: Super strong trading update. In August 2021, the first month of the fourth quarter, the momentum continued with total revenue growth of 27.5% driven by strong rate growth. Profits upgrade..... Full year earnings guidance further revised upwards. We now anticipate that the business should deliver Adjusted Diluted EPRA Earnings per Share (7) for 2020/21 of in a range of 39.5p to 40p which would represent an increase of c.31% to 32.5% compared to the prior year.
netcurtains: Thanks, 18BT. I got my info from Wall Street Journal site. It has this very large 'unusual expense' for every year going back to 2016. I knew you lot would have the sensible answer. Cheers Net! Https://www.wsj.com/market-data/quotes/UK/SAFE/financials/annual/income-statement
volvo: That will do ''The first quarter's trading performance has provided us with a strong base for the rest of the financial year and, if the current momentum continues, we would anticipate that the business delivers Adjusted Diluted EPRA Earnings per Share (7) for 2020/21 towards the top of the range of analysts' forecasts (8) ".
jonut: I was hoping for a retrace so I could add but looks like it's going the other way. Considering the recent third quarter results encompassed the the worst that the pandemic has, so far, thrown at us and revenue was lifted over 5% for the nine months to date, the share price should be above pre-covid levels. In the same business space, Lok'n Store's share price is retracing. Strange but true.
intelinvestor: LOK Metrics are much less favorable, I Still think SAFE looks better on paper against BYG. Happy to discuss further if you have a specific area you want to compare. Expecially in these uncertain times cash is king. SAFE have both good free cash flow and health 33m cash pile and has a higher dividends cover but i might prefer if they stopped the dividends and did share buy backs when things looked more certain as im a huge fan in buy backs.
johnsoho: I thought these results were quite good, but clearly the share price didn’t think so !! Safestore Holdings plc 18 June 2019 18 June 2019 Safestore Holdings plc ("Safestore", "the Company" or "the Group") Interim results for the 6 months ended 30 April 2019 Solid H1 performance, on course to meet full year expectations Key Measures 6 months 6 months Change(1) ended ended Change-CER(2) 30 April 30 April 2019 2018 -------------------------------- ---------- ---------- ---------- ---------------- Underlying and Operating Metrics- total Revenue GBP73.1m GBP69.2m 5.6% 5.9% Underlying EBITDA(3) GBP41.4m GBP39.1m 5.9% 6.1% Closing Occupancy (let sq ft- million)(4) 4.65 4.50 3.3% n/a Closing Occupancy (% of MLA)(5) 73.0% 71.5% +1.5ppts n/a Average Storage Rate GBP26.30 GBP25.91 1.5% 1.7% Adjusted Diluted EPRA Earnings per Share(6) 13.5p 12.6p 7.1% n/a Free Cash flow(7) GBP27.6m GBP23.1m 19.5% n/a EPRA Basic NAV per Share GBP4.06 GBP3.57 13.7% n/a Underlying and Operating Metrics- like-for-like(8) Revenue GBP72.1m GBP68.3m 5.6% 5.9% Underlying EBITDA(3) GBP41.2m GBP38.7m 6.5% 6.7% Closing Occupancy (let sq ft- million)(4) 4.60 4.47 2.9% n/a Closing Occupancy (% of MLA)(5) 74.3% 72.1% +2.2ppts n/a Average Occupancy (let sq ft- million)(4) 4.57 4.40 3.9% n/a Average Storage Rate GBP26.22 GBP25.78 1.7% 1.9% Statutory Metrics Profit before tax GBP38.2m GBP81.9m -53.4% n/a Basic Earnings per Share 16.4p 40.3p -59.3% n/a Dividend per Share 5.5p 5.1p 7.8% n/a Highlights Solid Financial Performance -- Group revenue up 5.6% (5.9 % at CER(2) ) -- Group like-for-like(8) revenue at CER(2) up 5.9% with UK up 5.6% and Paris up 6.3% -- Adjusted Diluted EPRA EPS(6) up 7.1% at 13.5p -- 7.8% increase in the interim dividend to 5.5p -- Statutory Profit before tax down to GBP38.2m from GBP81.9m in 2018 driven by reduced gain on investment properties of GBP7.9m (2018: gain of GBP51.8m) Operational and Strategic Progress -- Continued balanced approach to revenue management drives returns o Like-for-like(8) closing occupancy of 74.3% (up 2.2ppts on 2018) o Like-for-like(8) average occupancy for the period up 3.9% o Like-for-like(8) average storage rate for the period up 1.9% in CER(2) -- Peterborough site acquired for new 42,000 sq ft store to be opened at the end of 2019 -- Further new store openings scheduled in Paris Pontoise in Summer 2019, London Carshalton and Birmingham Merry Hill in the second half of 2019, and Paris Magenta, subject to planning, in the 2019/20 financial year -- Extension of Bedford and Barking stores in early 2020, adding 29,000 sq ft Strong and Flexible Balance Sheet -- Group loan-to-value ratio ("LTV"(9) ) at 31%, interest cover ratio ("ICR"(10) ) at 8.7x Frederic Vecchioli, Safestore's Chief Executive Officer, commented: "Safestore's performance has been robust in the first half of the year and continues to build on the strong earnings and dividend growth achieved over the last five years. Since we recommenced our store acquisition and development programme in 2016, we have added 38 stores, including our new store pipeline of three sites in the UK in London Carshalton, Birmingham Merry Hill and Peterborough (subject to planning) and two sites in Paris at Pontoise and Magenta (subject to planning). Going forward, we expect to be able to continue to seize consolidation opportunities as well as new development sites that can be turned relatively quickly into new stores. The self-storage market remains resilient to macroeconomic uncertainty and we continue to capture growing levels of demand in the UK and in Paris, with double digit new let growth on a like-for-like basis on both markets. As we enter our peak trading period we are well-placed to meet this demand with our 1.72m sq ft of currently unlet, fully invested space, and our pipeline of five stores that will add a further 252,000 sq ft. Our scale continues to allow us to invest in our digital marketing platforms and service proposition, and this remains a key competitive advantage in a fragmented industry. Our balance sheet remains strong and efficient, with a low cost of debt. Our existing financing capacity, combined with the strong free cash generation of the business, allows us to continue to target selected development and acquisition opportunities. With our leading market positions across the UK and in Paris, the Company is in a strong position with significant low-cost growth potential. We remain on-course to meet the Board's full year expectations."
Safestore share price data is direct from the London Stock Exchange
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