Member Info for Beza

Divi is currently covered just over twice by earnings Izzy

Does anyone know the reason for the string showing by UK land stocks today? What have I missed? Whatever ever it is, it’s good to see.

A knock on here from BISI’s results today (which were poorly received) re coal prices in the near term?

Another broker price rise for Big Yellow this morning.

Bangrak, I also think it looks cheap, especially as MPE & AEP have been announcing great figures. There just doesn’t seem to be much interest here and that includes the board who don’t appear to have made any meaningful purchases for a number of years!

Great article, thanks for posting and very re-assuring to see AEP close up and at a near record high on a drab day for the U.K. market.

Is EZJ due to exit the index this month?

Have today’s results from ABF had a knock on effect here?

Yes, 2026 eps has been reduced to 4.6p (from an estimated 5.4p) but the BBT remains the same.

Peel Hunt: Growth potential at Safestore

Shares in Safestore may have taken a hit this year but Peel Hunt believes there is still potential in the portfolio.

Analyst Matthew Saperia retained his ‘hold’ recommendation and target price of 670p on the UK and Europe’s second largest provider of self-storage, which closed 1.7% higher at 633p on Friday.

The group generated revenue of £172m in the first nine month of the year, up 3% on a like-for-like basis, with UK portfolio revenue rising 2.8% as prices increased. The company left its forecasts unchanged.

Saperia said the shares are down 29% over the past 12 months and are now trading on 5 times 2026 expected earnings, while offering a prospective dividend yield of 5%.

He is baking in ‘minimal earnings per share growth over the next three years’ but still believe ‘the business offers robust medium-term growth potential through its development pipeline and unoccupied space’.

Results sometime this week?

My portfolio has performed quite well over the last few months as the ftse has risen so BISI is now, by far my worse performer.

The coal price means that the figures won’t be anything special, so I’m hoping to hear from the team on recent investments or something else to put some life into the share price.

Now we know the train of thought behind WM’s decision to open a short here.

Let’s see when they close it out.

My take exactly! I think you’ve summed it up well. No panic here, steady divi and unlikely to be affected by the ongoing tariff negotiations but on a p/e of 15 is not due for a massive re-rerate.

Only a bid /merger approach would cause a large spike.

Expecting a divi cut to around 28/30pence per share, giving a yield of 8% plus.

Perkylad,

How have you arrived at a p/e of 5.6? I thought that the eps is around the 30p/share so it’s closer to 10/11, or are my figures wrong?

Over the pound barrier before their results?

BLND and LAND shares have also been in the doghouse this week.

What’s the reason? I’m guessing it’s the uncertainty of what may be announced in the budget.

Results next week which I hope will reverse the slide in the share price.

Going forward I believe it’s rebased to 28.7p / share.

… and more director buying, sooner or later the market will take note.