Half Year Results 

Safestore benefits from supply constraints

Safestore benefits from supply constraints

When your company is in the right place at the right time, perhaps you start to worry a little less about stretched valuations. Back in January, we suggested that trading on a 43 per cent premium to forecast net asset value (NAV), shares in Safestore (SAFE) were hardly at an attractive entry point. But after a strong six months trading to April 2018, the shares are now at a 57 per cent premium.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now