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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

Bullboard Posts
Post by ajootianon Dec 02, 2003 5:58pm
147 Views
Post# 6729729

Thoughts Re: CC

Thoughts Re: CCCompany expects to double sales in 3 years, a slower growth rate than it has undergone so far but still very robust, and certainly deserving of better than a 10 multiple. If you took 4Q earnings and annualized it you get about a 10 multiple. Chinese JV sounds interesting, they seem to be making the right strategic moves. I hope it doesn't end up requiring more capital than they presently anticipate. Presently they believe there is no need to raise any more equity, which is good news. They will be reporting in US$ from now on, which is gonna create some confusion. Hopefully they will have the sense to get a US listing sometime soon to take advantage of the fact that they are essentially a US company.
Bullboard Posts