Company Abacus Storage King

Equities

ASK

AU0000286213

Specialized REITs

Market Closed - Australian S.E. 02:10:52 2024-05-31 EDT 5-day change 1st Jan Change
1.19 AUD 0.00% Intraday chart for Abacus Storage King -1.24% +5.31%

Business Summary

Abacus Storage King is a stapled entity comprising Abacus Storage Operations Limited and Abacus Property Trust. The principal activities of the Company are the investment in and operation of self-storage facilities. The Company is a fully integrated owner, operator, and manager of a self-storage operating platform, with a portfolio of strategically located properties in Australia and New Zealand. It owns and manages a self-storage portfolio across 115 assets providing 616,155 square meters of self-storage space. The portfolio is geographically diversified with facilities operating across Victoria (VIC), New South Wales (NSW), Queensland (QLD), Australian Capital Territory (ACT), New Zealand (NZ), South Australia (SA), and West Australia (WA). Its portfolio includes Belconnen, Fyshwick East, Albion Park Rail, Acacia Ridge, Burleigh Heads, Hervey Bay West, Loganholme, Redbank Plains, Woolloongabba, Windsor Gardens, Woodville North, Canning Vale, Maddington South, and others.

Sales per Business

AUD in Million2022Weight2023Weight Delta
Rental
87.5 %
148 87.0 % 176 87.5 % +19.45%
Fee
8.9 %
16 9.4 % 18 8.9 % +12.45%
Merchandising
1.8 %
4 2.5 % 4 1.8 % -11.53%
Finance
1.8 %
2 1.2 % 4 1.8 % +78.73%

Sales per region

AUD in Million2022Weight2023Weight Delta
Australia
100.0 %
170 100.0 % 202 100.0 % +18.75%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,314,103,000 535,530,398 ( 40.75 %) 0 40.75 %

Shareholders

NameEquities%Valuation
Ki Corp. Ltd.
35.23 %
462,898,698 35.23 % 340 M $
260,859,303 19.85 % 191 M $
Arym Investment Holdings Pty Ltd.
1.111 %
14,600,000 1.111 % 11 M $
Franklin Templeton Australia Ltd.
0.5773 %
7,586,584 0.5773 % 6 M $
Investors Mutual Ltd.
0.3495 %
4,592,555 0.3495 % 3 M $
Charter Hall Wholesale Management Ltd.
0.2517 %
3,307,026 0.2517 % 2 M $
DFA Australia Ltd.
0.2274 %
2,987,633 0.2274 % 2 M $
983,763 0.0749 % 721 856 $
864,119 0.0658 % 634 065 $
Russell Investment Management Ltd.
0.0443 %
581,769 0.0443 % 426 885 $

Company contact information

Abacus Storage King

77 Castlereagh Street Level 13

2000, Sydney

+

address Abacus Storage King(ASK)

Sales per Business

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
1.19 AUD
Average target price
1.328 AUD
Spread / Average Target
+11.60%
Consensus

Annual profits - Rate of surprise

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