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Storagevault Canada Inc T.SVI

Alternate Symbol(s):  T.SVI.DB | T.SVI.DB.B | T.SVI.DB.C | SVAUF

StorageVault Canada Inc. is a Canada-based storage company. The Company's primary business is owning, managing and renting self-storage and portable storage space to individual and commercial customers. The Company is represented regionally under various brands, including Access Storage, Sentinel Storage, Depotium Mini-Entrepot, Cubeit Portable Storage, StorageVault, PUPS Containers, FlexSpace Logistics, movebuddy and others. It owns and operates 244 storage locations across Canada. It owns 213 of these locations plus over 5,000 portable storage units representing over 11.8 million rentable square feet on over 690 acres of land. The Company also provides last mile storage and logistics solutions and professional records management services, such as document and media storage, imaging, and shredding services.


TSX:SVI - Post by User

Bullboard Posts
Comment by ajootianon Nov 04, 2003 8:28am
103 Views
Post# 6599301

RE: Such a quiet board!

RE: Such a quiet board!My take on why this company does not promote itself more is that Bernie wants to keep adding to his stake in the company for as cheap as possible, as it continues to grow. He took down a big chunk of the latest offering and I would not be surprised to see them make another acquisition sometime in the next few quarters, with a similar financing script. Since I'm in this one for the long term the fact that they are not hypeing the stock right now doesn't particularly bother me. I know they can turn on the spiggot any time they want, and presently plan on hanging around until such time.
Bullboard Posts