Merlin Entertainments Share Discussion Threads

[philanderer] 04/7/2017 23:01

Fylde coast set for Yorkshire showcase


.........The organisation has teamed up with Merlin Entertainments and the Winter Gardens for the show



Read more at:

[philanderer] 29/6/2017 08:41

29th june Goldmans neutral tp 470p up from 460p

[philanderer] 26/6/2017 22:56

Legoland Florida Resort General Manager Adrian Jones is leaving the Winter Haven attraction for a new position with the park’s corporate owner.

WINTER HAVEN — Legoland Florida Resort General Manager Adrian Jones is leaving the Winter Haven attraction for a new position with the park’s corporate owner.
Jones has led Legoland since before its opening in 2011. He will become divisional director of Midway North America, parent company Merlin Entertainments Group announced Monday.

Jones will be responsible for two dozen U.S. and Canadian attractions that include Madame Tussauds, Sea Life Aquarium and Legoland Discovery Center.

[farmergeorge] 19/6/2017 13:22

Must check.

[philanderer] 19/6/2017 13:07

Nice dividend paid into the account today :-)

[farmergeorge] 16/6/2017 13:27

Incredible, just look at the contrast in views:

Berenberg reiterating SELL , target 375p - June 8th
Barclays overweight tp 575p - June 15th

So, what's changed over a week? The information set available to both is the same. At the end of day it all boils down to taking a view, and who's opinion is more reliable? Pick a card.

[philanderer] 16/6/2017 12:44

UK attracts record overseas tourists after pound's Brexit slide

[philanderer] 15/6/2017 08:00

15th june Barclays overweight tp 575p

reiterates

[philanderer] 13/6/2017 12:27

International revenue to support Merlin through decline in UK visitors...

Neil Wilson, senior market analyst at ETX Capital, said the warning about visitor numbers in the UK this year is "not encouraging, but it is worth noting Merlin is only about a third of the way through a planned global expansion of Legoland".

"The Japan site opened in April and with plans for further expansion in Asia and US (a site in South Korea is planned, while it is exploring options for sites in China and New York, too) there ought to be considerable new revenue streams coming in the longer term that investors who are worried about terror threats to the UK business in the near-term may want to look more closely at.”

proactiveinvestors.co.uk


FT:

Analysts are predicting Merlin’s underlying earnings before interest, tax, depreciation and amortisation will come to £499m in 2017, following the £433m recorded last year.

However, Simon French, analyst at Cenkos, said he expected earnings estimates “to edge down slightly to reflect the comments in the trading update”.


FT Alphaville..... Panmure and Cenkos

[philanderer] 13/6/2017 07:42

So pretty much as expected then.

[philanderer] 08/6/2017 15:58

Berenberg reiterating SELL , target 375p

[sux_2bu] 08/6/2017 10:56

Chart starting to look interesting.

[philanderer] 07/6/2017 19:52

A new Legoland theme park is opening just 90 minutes from Bristol

[philanderer] 06/6/2017 13:49

Ahead of next weeks AGM statement.....Panmure...


BE
The AGM statement traditionally has no numbers but we expect YTD trading to be in line with management expectations. The trend of improving inbound visitations to Merlin’s London attractions should be holding, given strong hotel RevPAR/air traffic data and robust airport concession performance from the likes of SSP Group/The Restaurant Group. Terrorism concern remains elevated across gateaway cities (and the Drayton Manor tragedy may have taken the shine off UK performance) but Merlin’s portfolio is well diversified (greater than 70% profits ex-UK) and 2017 expectations feel well set as peak trading approaches, for £306m PBT. Share price strength has continued and Merlin’s valuation now (rightly) sits towards the top of the peer group, trading on 12.8x 2017 EV/EBITDA.

[philanderer] 02/6/2017 11:29

UBS raising target to 590p. Reiteraes BUY

[philanderer] 31/5/2017 17:03

Canadian dark ride and media-based attractions company Triotech has opened its 6th NINJAGO The Ride attraction at Merlin Entertainments‘ Legoland Windsor in the UK.

[philanderer] 25/5/2017 13:32

'2 high-risk FTSE 100 stocks I'd probably avoid'


Intu Properties(LSE: INTU) and Merlin Entertainments(LSE: MERL)

[philanderer] 18/5/2017 12:09

18th may HSBC buy tp 560p

reiterates

[philanderer] 18/5/2017 09:28

Merlin is undervalued, says Barclays


Alton Towers owner Merlin Entertainments (MERL) may not look cheap but Barclays believes there is a lot that is being undervalued.

Analyst Vicki Stern reiterated her ‘overweight’ recommendation and target price of 575p on the stock following a roadshow. The shares were trading flat at 502p at the time of writing.

‘One of the questions posed on the last roadshow we hosted with management was: ‘What is the market missing?’. With the stock trading at 22x 2017 price/earnings, one might argue “not much”, but in fact we think there is a lot that is being underestimated/undervalued,’ she said.

While Stern said the stock was ‘unlikely to ever look “cheap” on a one-year price/earnings given its growth characteristics’ there was more potential for the company thanks to an accommodation rollout, which she said was ‘potentially the most under-appreciated piece of the story’.

[philanderer] 17/5/2017 08:01

17th may Barclays overweight -

reiterates

[philanderer] 12/5/2017 09:12

Merlin Entertainments, the owner of UK theme parks such as Alton Towers and Thorpe Park, says it’s on track to reopen its water rapids rides after the death of an 11-year old girl at rival Drayton Manor earlier this week

FT

And they`re open ( BBC news)

[philanderer] 10/5/2017 23:09

Re Drayton Manor tragedy...

Merlin Entertainments said similar rides at its Thorpe Park, Alton Towers and Legoland Windsor parks were all being closed until full details of this week’s incident become available.

A spokesman said: “We are aware of the tragic events at Drayton Manor and our thoughts are with the family and all of those affected.

“Safety is our number one priority. We have full confidence in the safety of all the rides we operate, but as a precautionary measure, rapid rides at relevant parks will be closed until more details of the incident become available.”

[philanderer] 10/5/2017 12:25

xd tomorrow morning for the 4.9p dividend

[mornington crescent] 09/5/2017 16:26

Girl, 11, airlifted to hospital after falling into water on ride at Drayton Manor