image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates and Ideas

Lok'n'Store - Net assets of 200p a share against 77p share price

September 2009

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:
  • LOK
  • Price:
  • 77p
We're not the only ones to see the attractions of Lok'n'store (LOK; 77p). The company received a bid approach three months ago and although it didn't lead to a formal offer the shares rose initially, fell away again but have been slowly creeping up. In fact, the company has a history of bid approaches. The first was back in 2000 around the time of its float when a larger rival, Access Storage, acquired a 29% stake (Access placed its stake in ‘02). The second bid was in 2004 during a flurry of bid activity in the self storage sector.But this time round, the attractions are more obvious. Lok is a substantially bigger business with 23 self storage units that operate along the same general lines as its two larger rivals, Big Yellow ...

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

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

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

SUBSCRIBE NOW