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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Big Yellow - Shares gain more than 250p

January 2007

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:
  • BYG
  • Price:
  • 568p
Shares in self-storage firm Big Yellow have put on a strong performance, storming to a new high of 574p as investors celebrated a sparkling set of results. For the six months ended 30 September, turnover increased 20% to £24.4m, with pretax profit, before revaluation gains, rising 17% to £7m. Adjusted net asset value per share rose from 297p to 347p. During the period, Big Yellow increased its total occupied space from 1.65m to 1.79m sq. ft. giving an average occupancy rate of 73% across its 41 trading stores. This was split between 86% for stores open more than two years and 39% for those immature stores open less than two years. Same store revenue increased 10% year on year reflecting a rise in rent per sq. ft. from ...

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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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