Lok'n Store (LON:LOK) - Innovating new value
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.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
