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Pin to quick picksLok N Store Share News (LOK)

Share Price Information for Lok N Store (LOK)

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Share Price: 1,105.00
Bid: 1,105.00
Ask: 1,110.00
Change: -5.00 (-0.45%)
Spread: 5.00 (0.452%)
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High: 1,110.00
Low: 1,105.00
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Small caps round-up: Agriterra, Cohort, GB...

Mon, 18th Oct 2010 11:34

Agriterra, focussed on the agricultural sector in central and southern Africa, is making "fantastic" progress, announcing record buying and sales of maize in Mozambique.Sales soared 174% in May, they were up 208% in June, 149% in July and have more than doubled in August and September. Milling operations running 24/7 since the start of the month will grow output by a further 30% from current record levels.Cattle ranching operations in Mozambique are also "progressing extremely well", according to executive director Euan Kay.Tech firm Cohort has won a €5m deal to design and build the Atmospheric Lidar (ATLID) command and data management unit, part of the ATLID instrument being flown on the EarthCARE spacecraft in 2013.The ATLID instrument measures the reflected signals from an ultraviolet laser to find out the chemical constituents of the atmosphere. Identity management company GB Group thinks full-year profits will beat expectations after a strong first half during which revenue jumped 10% to £11.5m and underlying profit more than doubled to £740,000.There was strong growth at the identity based marketing services unit and "modest" underlying growth in identity verification.Self-storage group Lok'nStore swung to a full-year profit after cutting costs and increasing revenue by over £400,000 to £10.42m in the 12 months to 31 July. "Over the year occupancy is up 4% and prices are up 4.9% demonstrating that self-storage continues to perform well even in a weak economy," said boss Andrew Jacobs. "This success also reflects the quality of Lok'nStore's assets and operating business." Mongolia-focused oil explorer Petro Matad's Davsan Tolgoi-3 (DT-3) exploration well - the third of a three-well programme - has drilled down 345 metres out of a target of 1,200 metresBut winter weather is setting in and it's a race against time to get as much work done as possible. It wants an extra drill rig and workover rig on site.CEO Douglas McGay is also upbeat about analytical results from DT-1, which provide quantitative proof that "the hydrocarbons in Davsan Tolgoi have migrated over long distances from the source kitchens and have charged the Tsagaantsav Formation of Davsan Tolgoi.""The previously undetected indication of hydrocarbons in the Zuunbayan Formation is also a welcome result."Speech recognition technology firm Exkoh has received certification of full compliance with the Payment Card Industry Data Security Standard, which is a set of comprehensive requirements for enhancing account data security.Eckoh is now fully accredited to offer solutions to process credit and debit card payments made over the telephone and web. Eckoh's chief executive officer, Nik Philpot, described the accreditation as a "critical milestone" for the company. "The volume of card payments we are processing is increasing rapidly and is now at an annual run rate of £190m, and this growth is set to continue," Philpot predicted.Gas Turbine Efficiency's discussions with a potential strategic investor have concluded and the strategic investor has decided not to make an investment. Separately, the company is continuing discussions to sell substantially all of the assets of its aviation business and is exploring other long term financing alternatives involving existing investors, alongside third party alternatives.Pan Pacific Aggregates reports third quarter revenue is up 79%, with a 69% increase in tonnes sold and a 12% rise in average aggregates selling prices. "Quadling has performed to management's expectations and trading in September and early October 2010 has created the critical mass where Pan Pacific Quadling Quarry Ltd is now covering all its operational costs," it added.Disinfectant but group Tristel's profit jumped by a third to £1.72m in the year to June. Turnover rose 28% to £8.76m. "Tristel has had another successful year, increasing turnover and profit for the fifth consecutive year since joining AIM in 2005. We continue to expand internationally, obtaining our first regulatory approval in China and achieving our first sales, and we have now also entered the German market. We look forward to the future with confidence, " said chief executive Paul Swinney.Construction and engineering solutions provider Costain has been awarded a contract from the National Grid for its London Cable Replacement Tunnel.The contract, worth £200m, is to build a new high voltage electricity cable tunnel in London which is 33km long. It is due to start later this year and expected to be completed by 2014, with associated works to be finished by 2018.
More News
5 Jul 2021 09:48

Lok'nStore trading well as it expands new store pipeline

(Sharecast News) - Self-storage company Lok'nStore updated the market on its new store development pipeline on Monday, which when delivered would result in the group operating 51 stores.

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8 Feb 2021 16:26

First half revenue rises for Lok'nStore

(Sharecast News) - Self-storage operator Lok'nStore updated the market on its first half on Monday, reporting "strong" trading, with self-storage revenue up 11% year-on-year.

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2 Feb 2021 13:33

Lok'nStore progresses pipeline as it targets 33pc more lettable space

(Sharecast News) - Self-storage company Lok'nStore updated the market on its new store development pipeline on Tuesday, reporting that it had exchanged contracts on a new 56,000 square foot store in Staines, Middlesex, due to open in 2022.

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1 Feb 2021 11:04

Lok'nStore acquires Chichester store, sells Wolverhampton site

(Sharecast News) - Self-storage provider Lok'nStore has acquired the Lok'nStore-managed site in Chichester, it announced on Monday, and sold its freehold land site at Pantheon Park in Wolverhampton.

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18 Dec 2020 15:46

Director dealings: Lok'n Store director ups stake

(Sharecast News) - Lok'n Store Group revealed on Friday that senior non-executive director Edward Luker had acquired 6,200 orders shares in the AIM-listed self-storage firm.

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20 Jul 2020 13:18

Lok'nStore extends facility to help fund site acquisitions

(Sharecast News) - Self storage company Lok'nStore announced the agreement of a one-year extension to its existing joint banking facility with Royal Bank of Scotland and Lloyds Bank on Monday.

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27 Apr 2020 13:16

Lok'nStore sees first-half revenues jump, warns of softer trading ahead

(Sharecast News) - Lok'nStore Group said its "robust" capital structure would protect it from the current economic uncertainty, as it posted a jump in first-half revenues.

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8 Jan 2020 09:06

Lok'nStore makes progress with several new stores

(Sharecast News) - Self storage company Lok'nStore updated the market on its pipeline of new landmark stores on Wednesday, reporting that it exchanged contracts with Lidl subject to planning on the shared use of its freehold site in Cheshunt, Hertfordshire.

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29 Apr 2019 10:54

Lok'nStore Revenue And Profit Rises On New Store Openings, Occupancy

LONDON (Alliance News) - Lok'nStore Group PLC on Monday said its revenue and profit increased in the first half of its current financial year, thanks for higher prices and improved company in

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29 Apr 2019 07:04

Occupancy growth boosts Lok'n Store's revenue

(Sharecast News) - Lok'n Store Group on Monday reported double-digit interim profit and revenue growth following growth to unit occupancy.

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25 Apr 2019 15:55

Lok'nStore agrees new £75m facility to fund new store development

(Sharecast News) - Self storage provider Lok'nStore announced the agreement of a new £75m five-year revolving credit facility on Thursday, which would replace its existing £50m facility and provide funding for site acquisitions and development, to support the group's growth plans.

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25 Apr 2019 13:29

Lok'nStore Agrees New Debt Facility Worth Up To GBP100 Million

LONDON (Alliance News) - Self-storage firm Lok'nStore Group PLC has increased the size of its revolving credit facility, it said Thursday.Lok'nStore has signed a GBP75 million with

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11 Feb 2019 12:54

Lok'nStore revenues rise amid 'robust' sales growth

(Sharecast News) - Self-storage company Lok'nStore reported a rise in first-half revenue on Monday amid "robust" sales growth.

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1 Feb 2019 09:27

Lok'n Store Sells Document Storage Business For Nearly GBP8 Million

LONDON (Alliance News) - Self-storage company Lok'n Store Group PLC said on Friday it has sold its document storage business Saracen Datastore Ltd to records management company Iron Mountain a

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1 Feb 2019 08:01

Lok'nStore to dispose of document storage business

(Sharecast News) - Self-storage company Lok'nStore has announced the disposal of its document storage business, Saracen, to Iron Mountain UK for £7.64m in cash.

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