Interim Dividend
'
Dividend 15.1p Ex 21 Aug Paid 4 Oct
Special_ 87.1p Ex 21 Aug Paid 4 Oct |
Intercontinental Hotels: a non value, value investment
|
Quiet here. A bit of good news DB see 20% plus upside
InterContinental Hotels Group: Deutsche Bank upgrades to buy with a target price of 2250p. |
on the underside, theres support prices at 1815, 1770, around the gap at 1700, 1630 and 1480 |
20¾ is a natural resistance level, its turned down 215p/10.5% so far from a top tick of 2053, which i guess is close enough
theres 213X thereafter |
Broker recs following Q1 results (Numis referred to them as lacklustre): |
Final Results out
Final Divi 27.7p ; XD 20 March; Paid 31 May |
InterContinental Hotels Group: Liberum Capital starts with a target price of 1943p and a buy recommendation. |
Press article starts:-
'
Talk of further cash rewards in the offing for investors in InterContinental Hotels saw traders check-in and chase the shares higher.
' |
took out a new buy CFD this morning, its only 5% margin.
strong results and a share buy back program, looks good to me. |
Well They've made a start, they've bought one share & cancelled it:
RNS Number : 9856N
InterContinental Hotels Group PLC
04 October 2012
4 October 2012
InterContinental Hotels Group PLC (the "Company")
Transaction in Own Shares
The Company announces that it has today purchased for cancellation one of its ordinary shares at a price of 1,663.00 pence per share. Following this purchase, the Company has 291,664,725 ordinary shares in issue.
Nicolette Henfrey
Deputy Company Secretary and Head of Corporate Legal |
Has anyone received anything through the post about the share consolidation yet?
I am working abroad and my daughter says there has been nothing from IHG. I want to reinvest the special dividend via the DRIP and time is running out to do that. |
this is my longest running CFD, its been a big earner and i still believe it has some way to go. |
Brokers Retain Bullish Stance
BROKERS REMAIN BULLISH FOR INTERCONTINENTAL HOTELS GROUP (IHG)
31 August 2012
CREDIT SUISSE reiterates its Outperform rating for IHG and has a target price of 1692p.
04 September 2012
MORGAN STANLEY retains its Overweight rating for IHG and sets a target price of 1850p.
07 September 2012
INVESTEC retains its BUY recommendation for IHG and also has a target price of 1850p.
P.S.
Here's some links about SCLP, one of the hottest stocks at the moment: |
 INTERCONTINENTAL TO OPEN DUBAI MARINA HOTEL IN 2013
InterContinental Hotels Group (IHG), the world's largest hotelier by number of rooms, has signed an agreement with Dubai-based developer Select Group to open the InterContinental Dubai Marina, the firm said Sunday.
The hotel, which will form part of the Bay Central development in the Marina, is scheduled to open at the end of 2013, the group said. The property will include 132-hotel rooms as well as 196-studio, one, two, three and four-bedroom residential apartments.
The UK-based hotelier in May said it planned to hire between 10,000 and 15,000 staff in the Middle East as it ramps up its expansion plans in the region.
The firm, which operates five brands - InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express and Steybridge Suites plans to open 40 new regional properties in the next three to five years, six of which will be in the UAE, said Pascal Gauvin, COO for InterContinental Hotels Group India, Middle East and Africa.
"We have 40 hotels in the pipeline in the Middle East and Africa. We have five openings this year still to come," he told Arabian Business.
IGH operates 170 hotels across more than 60 countries with an additional 58 hotels in the global development pipeline.
Source: |
Ikea to launch budget hotel chain in Europe |
Hotels group Intercontinental (LON:IHG) topped the FTSE 100 leaderboard in lunchtime trading, up more than 7%, after announcing it would return $1 billion to shareholders.
The announcement came after strong trading in the Americas and China lifted interim results. |
* Special dividend of $500 bln, plus $500 bln buyback
blimey $1000 billions for shareholders, no wonder the shares are up ! |
Had to have some of these first thing.
Plenty of positives and one offs to send these higher.imo. |
Divi X 22 Aug Paid 28 Sep @ 13.5p UP
Special Divi in Q4 with share buyback as well |
U got an eye on this one as well Montague ? |
wonder if it could put on a quid in time, and get to 1670? |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
