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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Safestore - Pays 90p dividends for every £1 invested at IPO; could be next target after LOK

June 2024

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:
  • 816p
The sale of trophy assets such as London’s luxury hotels has often fascinated commentators; for example the Savoy changed hands for £220m back in 1995 or £1m a room while the Ritz was sold, for only the third time in its 117-year history, for £800m during the Pandemic - a princely £6.1m per guest room - and a nice profit for the Barclay family on the £75m they paid for it in 1995. While you might consider the self storage industry an unlikely comparable when it comes to trophy assets it, too, is having the time of its life and driven by similar characteristics, namely a shortage of available land to build new outlets, only made worse by an opaque planning permission regime. And the demand side of the equation for self storage  out ...

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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.

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

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