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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Primary Recommendation

Safestore - Self storage operator enjoying strong gains in occupancy

April 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SAFE
  • Price:
  • 351p
UK self-storage has been a happy hunting ground for TMI with Big Yellow, 744p (high of 843p) and Lok n Store, which spiked to a high of 370p before settling at 319p, having performed well since our respective tips at 393p in May ’13 and 211p in June ’14. Shares in the third company in this sector, FTSE-250 rated Safestore, have also enjoyed a rising trend and we found its CEO and CFO, Frederic Vecchioli and Andy Jones, in fine form when we spoke with them over the month.Safestore currently operates 95 wholly owned stores in the UK and another 24 in Paris, with a maximum lettable area of 4.9m sq. ft., which puts it just behind Big Yellow on 5.1m sq. ft. But Vecchioli claims to have a more attractive portfolio, with 65% o ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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