How National Storage can benefit from population swell: exclusive White Paper report
The forecast Australian population growth from 23 million to 40 million by 2060 bodes well for self-storage providers – and small-cap National Storage is no exception. We take a closer look at how the third-largest self-storage provider is positioned.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
gareth hurst
:
Hello Roger,
You state that the price of NSR is above your valuation estimates. I am interested in how you derive your discount rate. If you care to disclose, is the discount rate a function of the quality rating (C3), macroeconomic conditions, the result of an asset pricing model or some other variable?
Gareth
Roger Montgomery
:
Hi Gareth,
It is proprietary but suffice to say that size, quality, leverage and liquidity are some of the inputs.
Bob
:
What are your favourites in the REIT space. In my opinion I like ANI.
Rick Bremner
:
After logging in and password, nothing has come through.
Is it me or is it you??
Rick