|Merlin Entertainments Plc
||EPS - Basic
||Market Cap (m)
|Travel & Leisure
Merlin Share Discussion Threads
Showing 301 to 323 of 325 messages
|Why is this trading on 22x earnings when it can't even hit this years numbers. Far too much caution going forward in the statements.
Further profit downgrades to come imo.
Institutional fund manglers: SELL|
|Fine seems to be about half of what was expected
harry the haddock
|Got another update from Panmure,
"Overall Interim results in line with expectations with strong growth in LEGOLAND parks mitigating declines in Resort Theme Parks (which include Alton Towers). Midway trading remains challenging, given its London focus as highlighted at the AGM Statement in May, but benefits from contribution of new accommodation and attractions. Overall Revenue up 5.3% (-1.1% LFL +3.0% FX and 3.4% NBD) to £573m to give PBT of £50m (+0.9%), EPS of 37p (+3.2%) and DPS 2.2p (+4.8%)... the stock has had a strong run (+10% post Brexit) reflecting its portfolio diversity and strong focus on returns."
|"14% EPS CAGR. The FY15 results reaffirmed our view that Merlin’s unique combination of brands, development and management give it one of the highest and most visible earnings streams in the sector. We believe that Merlin can consistently deliver LFL growth of c4.0%, which together with expansion and margin improvement should drive EPS CAGR of 14% over the next three years. Furthermore, we believe that IT and technology (improved product, customer booking journey, marketing, CRM) offer further upside to growth and ancillary spend not yet recognised in forecasts."
Panmure update: Https://www.research-tree.com/Company/GB00BDZT6P94|
|"Merlin offers low-risk structural growth in a global industry with high barriers to entry. Its global footprint and strong multi-segment brands give multiple levers to drive double digit earnings growth over the long term. While FX fluctuations and heightened security concerns are holding back attendance numbers in Merlin’s London attractions, we expect Merlin to benefit from in-bound tourism combined with ‘staycations’ over the medium to longer term."
Panmure conviction list update: Https://www.research-tree.com/Company/GB00BDZT6P94|
wet your knot
|What's going on here today?
Up 15p on no news?
Or has the fine been announced?|
|Cheers gooner, still think this is a quality long-term holding...|
|Some news of a new ride at Towers covered in the local paper:-
wet your knot
|Read Panmure Gordon & Co's note on MERLIN ENTERTAINMENT, out this morning, by visiting hxxps://www.research-tree.com/company/GB00BDZT6P94
"Merlin offers low-risk structural growth in a global industry with high barriers to entry. Its global footprint and strong multi-segment brands give multiple levers to drive double digit earnings growth over the long term. The recent results and capital markets day reaffirmed the potential, outlined the scope for more Midway developments and added a new concept of ‘Own the Visit’ alongside a strategic investment in Big Bus Tour. While the market has become concerned about capexheavy expansion we remain comfortable given management’s ROIC obsession. We reiterate our ..."|
|new cfo Anne-Françoise Nesmes
seems to be a rolling stone
more jobs than I have had hot dinners
I give it 2 years|
|Looking good here!|
|A presentation for the 2015 Preliminary Results will be held on 25 February at 14:00 at Merlin's offices at County Hall, London. This will include an extended strategy update.|
|Could be a good time to top up son, as the price gets nearer and nearer to 4 quid.|
|There's been a downgrade by JP Morgan but that shouldn't cause this drop.|
|What's going on here ? Is I am missing something obvious??|
|What's going on with Merlin today?
A good day in the market and it's off over 2%?
I can't see any news out there.|
|It sounds like a great move, especially as it’s with a local partner, in China Media.
I’m not surprised the share price has reacted so well to the news, let’s hope it received a favourable press tomorrow, and reassures investors we’re not a One Trick Pony.|
|Maybe to do with the new deal for Legoland in China?|
|a bit of movement north|
|Trading statement very much as expected, no big surprises.|