image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

Big Yellow - Eps forecast to rise 82% in 3 years

January 2015

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:
  • 570p
The shares hit a new high of £6 after self storage operator Big Yellow posted strong interims with pretax profit and eps increasing 29% to £18.4m and 13p respectively. Net asset value per share rose 6% to 462p.Excitingly, all key metrics showed strong progress with wholly-owned store occupancy growing 14% year-on-year to 2.63 million sq. ft; the 32 established stores increased occupancy from 75.2% to 79.8% while the 24 “lease-up” stores went from 62.8% to 68%. These results reflect rising confidence in Big Yellow’s London and South-East core, with enquiry levels up 11% and total customer move-ins 9% ahead. Encouragingly, average net rents increased 3.5% and the group notes that as more stores pass the ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe