Intercontinental Hotels Share Discussion Threads

[hoveactually] 08/11/2012 15:06

took out a new buy CFD this morning, its only 5% margin.
strong results and a share buy back program, looks good to me.

[delshan] 05/10/2012 09:35

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

[gumble] 25/9/2012 11:51

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.

[barryrog] 18/9/2012 13:22

this is my longest running CFD, its been a big earner and i still believe it has some way to go.

[northernlass] 13/9/2012 21:56

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:

[northernlass] 13/9/2012 21:55

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:

[jon827] 16/8/2012 19:04

Ikea to launch budget hotel chain in Europe

[broadwood] 07/8/2012 13:45

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.

[rumpelstiltskin2] 07/8/2012 09:08

* Special dividend of $500 bln, plus $500 bln buyback




blimey $1000 billions for shareholders, no wonder the shares are up !

[broadwood] 07/8/2012 08:29

Had to have some of these first thing.

Plenty of positives and one offs to send these higher.imo.

[togglebrush] 07/8/2012 07:16

Divi X 22 Aug Paid 28 Sep @ 13.5p UP
Special Divi in Q4 with share buyback as well

[jon827] 31/7/2012 07:37

U got an eye on this one as well Montague ?

[tpaulbeaumont] 21/6/2012 11:07

wonder if it could put on a quid in time, and get to 1670?

[northernlass] 27/5/2012 19:47

Credit Suisse Upgrades

INTERCONTINENTAL HOTELS IS HIGHEST QUALITY BUSINESS IN EUROPEAN HOTEL SECTOR, SAYS BROKER

Holiday Inn operator InterContinental Hotels Group (LON:IHG) is Credit Suisse's top pick in the European hotel sector and it has upgraded the company to 'overweight' from 'neutral'.

The Swiss banking firm also raised the target price for the world's largest hotels group (measured by number of rooms) to 1,692 pence from 1,521 pence, which implies 14 per cent potential upside to yesterday's closing price of 1,481 pence.

The broker said: "We view IHG as the highest quality business in the European hotel sector given its high and rising returns (2012E ROIC [return on invested capital] 25%) driven by a capital-light predominantly managed and franchised model."

The broker reckons the company's geographic exposure makes it an attractive proposition for investors, with 84 per cent of earnings last year generated in the US and emerging markets.

This sustained growth momentum in those areas is the main factor behind the broker's 7 per cent rise in earnings estimates for 2012-13.

"[We] also flag the increasing potential for a meaningful EPS impact as the balance sheet is put to work," the broker added.

Credit Suisse believes the company is undervalued, especially compared to rival Marriott, whose share price has outperformed InterContinental by around 6 per cent since mid-January.

Source:



P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[togglebrush] 14/2/2012 08:54

Dividend 24.7p Xdate 21 March Paid 1 June 2012

[philanderer] 23/8/2011 08:32

23rd August

InterContinental... IHG

Credit Suisse

Neutral

old target = 1,504.00

new target = 1,139.00

Downgrades

[uhound] 04/8/2011 13:36

I can see IHG being hit hard now as we see the next phase of a downturn kick in.Competitors already reporting poor numbers.

A good shorting op I think.

[togglebrush] 15/2/2011 08:48

Results out... Final Divi 22p Ex Date 23 March Pay Day 3 June

[warranty] 23/12/2010 20:44

As a regular user of IHG hotels it's interesting to note how quiet they have been over the last month or so with noticably fewer people in them. Since I often use the same locations it's striking how much it seems to have fallen off recently. Since the bulk of their customers are business related, maybe the squeeze is starting to have an effect. Considering taking a little a short position as these seem to be trading on a pretty high rating and any fall off in room fill could have a big effect on earnings and ultimately the share price

[lurgy] 21/10/2010 13:10

Can anyone kindly post the reason for the big rise today?