Bullboard - Stock Discussion Forum 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... see more

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Storagevault Canada Inc > Share Price

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Post by gimmethekeys on Jul 27, 2023 11:47am

Share Price

Q2 results not well received by the market. Thoughts?

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Comment by Investorguy1234 on Sep 06, 2023 12:48pm

a number of reasons but i think it because of lots of debt and interest rates rising plus 37 Million new shares y/y. They need to focus on improving costs and reducing debt, pause the acquistion strategy and increase revenue per unit. That is business 101. I believe that they can do a lot better than what they are doing now. Perhaps a leadership change is needed. And finally ...more

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Comment by FairPlayBill on Sep 06, 2023 8:37pm

Investorguy you summed up there situation in a nut shell .Why pay a dividend they can't afford .stands out as Management may mean well but run the darn business to afford a Dividend before starting it.I started a small position here because of the niche market it is in but debating buying more if it tanks.GLTA

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Storagevault Canada Inc