Updates

Safestore

March 2026

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.

The shares spiked over £1 to a high of 836p after an upbeat take on 2025 finals. Results themselves were pedestrian with EBITDA up 1% to £137m and pretax profit and EPS both down 4% to £92.9m and 40.3p, respectively. Sales rose 5% to £234m as demand improved throughout the year. The positive reaction to the shares reflects headwinds from NLW / NI cost increases being unlikely to repeat, while growth in new space - 13 stores (0.7m sq ft) increasing its maximum lettable area by 8% to 9.3m sq. ft - is expected to decelerate to 0.4m sq ft this year. Remember, new space takes two years to break even and four-five years to mature, so the aggressive expansion penalised short run earnings. Analysts predict a £35-£40m boost to EBITDA as the por ...

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Babcock

TMI Trader Portfolio 2 - March 2026

Safestore - Director buying highlights deep value (December 2025)

Safestore - Shares bounce after CEO acquires over £1m shares (September 2025)

Safestore (March 2025)

Safestore (August 2024)

Safestore - Pays 90p dividends for every £1 invested at IPO; could be next target after LOK (June 2024)

Safestore (March 2022)

Safestore (August 2020)

Safestore (August 2019)

Safestore (April 2019)

Safestore - Self storage firm shows strong growth (August 2018)

Safestore (August 2016)

Safestore - Self storage operator enjoying strong gains in occupancy (April 2016)

Safestore - Property values stabilise (March 2010)

Safestore (October 2009)

Safestore - Shares in self-storage firm offer good value as trading improves (September 2009)

Safestore - NAV rises 44% to 199p (March 2008)

Safestore (October 2007)

Safestore - Under-valued self storage operator (June 2007)

Safestore - Newly listed self-storage company also under-valued (April 2007)

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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