Jun 19th 2012 - Edison Investment Research today published a report on Lok'n Store (LOK.L, LSE:LOK, LON:LOK) entitled "Innovating New Value". In summary, the report says:
Lok’nStore looks well placed to leverage operational scale and improve returns through the addition of new stores opened via collaborative ventures and from further bolt-on acquisitions. The company also has a strategic opportunity to increase its prices pending a proposed change to the VAT regime. These opportunities suggest growing momentum in EBITDA that is not fully represented in the valuation.
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