SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Allan F who wrote (9682)6/5/1998 3:43:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Allan, thanks for info on MINI. I have learned over the years that dumb press releases usually precede troubles.



To: Allan F who wrote (9682)6/5/1998 3:57:00 PM
From: David Meyer  Read Replies (1) | Respond to of 18691
 
Allan & Roger I think MINI is all US business. Believe they rent out or lease refurbished containers to people to store belongings in. They bring the container to your home, you load, they return to their facility and store. They compete with Public Storage etc. Why else would they be in ABQ and OKC. At least that is my take on it. Debt heavy etc is probably correct (I didn't research) but wanted to point out that I don't think Asia will have any thing to do with price.
regards



To: Allan F who wrote (9682)6/5/1998 10:59:00 PM
From: B Tate  Respond to of 18691
 
Allan

I recently posted, on the Asia thread, that there is an impending MAJOR shortfall of containers in Asia. Seems the normal ratio of Containers in Asia vs U.S./Europe is 4/5. Currently it is 1/5. Nobody is shipping to Asia and this leaves excess containers in U.S. and European ports. Shippers have taken to shipping empty containers to Asia to have capacity for the Christmas rush.

Hence a glut of containers here and the probability of poor leasing opportunities.

regards
bt