News blog
LoknStore
- BY: Andrew Hore |
- POSTED: 28/07/2010 |
- COMMENTS: Add yours
Self-storage company Lok’nStore says that second half trading has been good.
The operating performance is in line with expectations for the year to July 2010. During the year, occupancy has grown by 3% and prices per square foot are 5% higher.
Lok’nStore recently extended the leases of two existing facilities on improved terms. There was a cash inflow of £169,500 and savings of £113,000 spread over eight months. In income terms, the benefits will be recognised over the 15 years of the lease.
At 85.5p a share, Lok’nStore is valued at £21.9m. The NAV – based on directors valuations before deferred tax – was 210p a share at the end of January. Excluding tax, it is 168p a share.
Full year figures will be published on 8 November.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Synchronica
Mobile messaging technology provider Synchronica, which is the subject of a contested, all-share bid from rival Myriad AG, has signed a letter of intent with TSX Venture Exchange-quoted Intertainment Media.
DCD Media
AIM-quoted Timeweave has bought convertible loan notes in DCD Media that can convert into a 29.9% stake in the TV programmes producer.
James Cropper
Paper and speciality fibres manufacturer James Cropper is investing $3m in a new manufacturing facility in New York State.
TEG Group
Peter Gyllenhammar has taken his stake in TEG Group to 3.2% following the purchase of 500,000 shares.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|