Millennium & Copthorne H... Share Discussion Threads

[bigbobjoylove] 08/8/2007 13:46

16000 shares now.

[bigbobjoylove] 07/8/2007 14:45

just bought around 11000. BARGAIN.

[matthewa] 07/8/2007 14:41

Getting creamed any news? Apart from director exits

[davius] 08/5/2007 08:38

Despite broker reratings into the mid 600s last week, MLC continues to attract good support this morning, now up over 750p on reasonable buying.

I bought in on Friday at 736p for a short term punt, level 2 looks to be doing well with good buy volume coming in, 134K buys against 62K sells and the share price at 754.0-754.5p 1-1.

I think that they have further to go yet.

[davius] 04/5/2007 08:37

Tempus in The Times today thinks these should be worth up to £17 a share...

Starting to move ahead now.

[maiseymouse] 04/5/2007 07:19

big upgrade

[spacemoggy] 28/3/2007 13:44

I'm short, it looks like a tumble is on the cards...Rick

[masurenguy] 01/1/2007 19:08

Bout time that this thread was reactivated especially after a 50% rise in the share price over the past 6 months.

Could MLC become an acquisition target ?

[eriktherock] 13/12/2006 21:12

You don't have to stand up upon your chair and take your trousers down to post here. lol lol lol

[eriktherock] 13/12/2006 20:57

Noone want to talk about mid life crisis ( I'm listening to an LP by David Bowie Hunkey Dory) or Moto Guzzis?

[eriktherock] 13/12/2006 19:40

For any men who want to talk of things that they're going to do.

[ain2001] 06/4/2006 22:41

Hyper Al

What good news?

(thats if you ever are around ...)

Thanks
Ain2001

[hyper al] 09/3/2005 07:35

Some good news today.

[spob] 19/1/2005 20:52

366p

Fundamentals
Year Ending EPS P/E PEG EPS Growth Dividend Dividend Yield
31-12-2001 10.90p 34.13 n/a n/a 12.50p 3.36%
31-12-2002 13.40p 27.76 1.21 +22.94% 12.50p 3.36%
31-12-2003 3.90p 95.38 n/a -70.90% 6.25p 1.68%

Forecasts
Year Ending EPS P/E PEG EPS Growth Dividend Dividend Yield
31-12-2004 13.08p 28.44 0.14 +200.00% 7.62p 2.04%
31-12-2005 17.11p 21.74 0.56 +38.99% 8.26p 2.21%
31-12-2006 21.15p 17.59 0.62 +28.41% 7.24p 1.94%

Profit & Sales Forecasts
Year Ending Profits (£m) Sales (£m) Sales/Share Price/Sales per share
31-12-2004 37.44 567.57 £1.98 1.88
31-12-2005 48.98 607.05 £2.12 1.75
31-12-2006 60.54 604.00 £2.11 1.76

[ttg100] 22/5/2003 11:32

21 May 2003

M&C sees London revPAR drop 25% in April

Hotelier Millennium & Copthorne has seen revPAR from its six London properties crash by 25% in April following a Q1 revPAR drop of 11%.
M&C is issuing quarterly updates to the City in response to a similar change ordered by the Singapore Stock Exchange where M&C's primary listing is held.
The 25% drop in London revPAR contributes to a group shortfall in April of 26%: New York is –23%, and its SARS-affected Asian operations are 52% shy. While the first two weeks of May have seen an improvement in the US business, Asia is reliant on 'the containment of SARS' to spur recovery.
The quarter's trading was hit by the build-up to the Iraq conflict, with SARS having a fortnight's-worth of effect. For the three months to end-March, group revPAR was 5% shy of last time. However, at 21 Feb this was only 2% down.
The quarterly figures for London show that occupancy was kept above 75% but with average rate 5% down on the previous quarter. M&C said that it was 'continuing with its policy of making tactical price reductions rather than wholesale cuts'.
Elsewhere in Europe, 'the German hotel market shows no sign of recovery.' Its two German hotels – in Stuttgart and Hannover – made an operating loss of £0.6m. Its Millennium hotel in Paris however lifted occupancy resulting in revPAR being 3% ahead.
For the quarter, overall group figures show an operating profit of £9.6m on turnover of £125.1m. For the same quarter in 2001 turnover of £135.6m brought an operating profit of £18.5m. In pretax terms this quarters' £4.7m gain compares with last time's £7.6m.

[highflyer] 19/5/2003 15:30

ANYONE KNOW THE NAV /THANKS

[jeffmack] 03/3/2003 13:23

I am short and staying short. Dont expect good results.

[boram] 03/3/2003 13:12

Finals are out on Wednesday 5th, they have been doing alot in the hotel world lately, do you think that they will have good results.

[rdj20] 16/8/2002 17:05

nidge64, you mention that the company offers decent shareholder perks. I currently have a substantial amount of short interest on this stock, do you think I would qualify?

:-)

It looked very weak today with chunky sells, I think it is going lower.

[seymour clearly] 17/8/2001 00:02

Thanks Nidge64, I haven't looked at AHT so far. Will add them to my watch list as well. It could be 6 - 12 months before we see any movement on MLC. Had also wondered about supermarkets but I think that one has already had such a good rise. Doing quite nicely with Persimmon (PSN) but I think they may be getting near the top so now looking for other avenues for recovery. Just off to read the Rank thread.

See you, Seymour.

[nidge64] 16/8/2001 09:16

Think you're right to be careful, Seymour, not sure about food and drinks though. I hate to look like a ramper, but the kind of story that I think is interesting in the present climate is that of Ashtead Group (AHT). I think they actually stand to benefit from US companies tightening their belts and hiring machinery rather than buying it.

There should be time to get into MLC at a good level, once we've had genuine signs of an upturn. Meanwhile they'll probably stay in the doldrums and could be in for a profit warning or two. One positive point is that I think they have some shareholder perks - reductions on rooms and the like.

Cheers,
Nidge

[seymour clearly] 16/8/2001 09:06

Good point Nidge64. Perhaps drinks / foods might be a better spec - I'm watching these and people like Allied Domecq. Not sure which to put my money into. I do think that long term MLC will bounce back but thed elastic is probably too floppy for a quick bounce!!!

Seymour.