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Storagevault Canada Inc T.SVI

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

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 individuals and commercial customers. It operates three business segments: self storage, portable storage and management fees. It is represented regionally under the various brands: Access Storage, Sentinel Storage, Depotium Mini-Entrepot and Cubeit Portable Storage. It also provides last mile storage and logistics solutions through FlexSpace Logistics and professional records management services, such as document and media storage, imaging and shredding services through RecordXpress. It owns and operates approximately 251 storage locations across Canada. It owns 221 of these locations plus over 5,000 portable storage units representing over 12.5 million rentable square feet on over 725 acres of land. It offers self-storage solutions to residential clients who are in a state of transition.


TSX:SVI - Post by User

Post by Investorguy1234on Jan 19, 2023 2:13pm
657 Views
Post# 35233825

2023 is the Year for change

2023 is the Year for changePretty impressive acquistion results last year but then again anyone can go out and over pay for something, especiallly when using other peoples money. 

This year it is time for the company to swing into positiive Net income, start paying down debt and generating significant positive cash flow. While you are at it, suspend the dividend, it is a joke. I received $ 9.15 on a respectable investment amount, probablly cost the company more than that to process the payment. 

Here for a good time and a long time. 

GLTA
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