Millennium & Copthorne Hotels (MLC)

Sector:

Travel & Leisure

Index:

FTSE 250

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462.50p
   
  • Change Today:
    -4.70p
  • 52 Week High: 517.00p
  • 52 Week Low: 371.20p
  • Currency: UK Pounds
  • Shares Issued: 324.37m
  • Volume: 205,060
  • Market Cap: £1,500.19m
  • RiskGrade: 104
  • Beta: 0.93

MLC Overview

Millennium & Copthorne is the international hotel arm of the Hong Leong Group Singapore and operates nearly 90 four and five star hotels. It is Singapore’s largest hotel chain and the 40th largest hotel group in the world.

1 Day Chart (25-05-2012)

6 Month Chart

Financials

Latest F'cast
Div Yield 2.7% 2.9%
Div Cover 3.7 2.6
Op Mrgn 17.3% 19.2%
ROCE 6.8%  
Latest F'cast
P/E 10.1 13.1
PEG 0.2 n/a
Pr/Revenue 1.8 1.8
Pr/Book 0.7  
Latest F'cast
Revenue 10.3% 0.5%
PBT 50.3% -18.2%
EPS 51.8% -23.0%
DPS 25.0% 8.0%

MLC Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-07 669.60 157.40 30.90p 13.2 0.3 +42% 12.50p 3.1%
31-Dec-08 702.90 102.80 29.10p 7.7 n/a -6% 6.25p 2.8%
31-Dec-09 654.00 81.90 20.30p 18.3 n/a -30% 6.25p 1.7%
31-Dec-10 743.70 128.60 30.10p 19.6 0.4 +48% 10.00p 1.7%
31-Dec-11 820.50 193.30 45.70p 8.9 0.2 +52% 12.50p 3.1%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

MLC Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-12 824.28 158.07 35.17p 13.2 n/a -23% 13.50p 2.9%
31-Dec-13 854.12 165.38 37.38p 12.4 2.0 +6% 14.27p 3.1%

Copyright © 2012 FactSet Research Systems Inc. All rights reserved.

MLC Company Announcements

Director/PDMR Shareholding 22-May-2012 16:50 RNS
Scrip Listing 16-May-2012 16:26 RNS
Documents for Inspection 03-May-2012 17:09 RNS

MLC ShareCast News

Millennium and Copthorne's revPAR surges 03-May-2012 ShareCast
Millennium and Copthorne Hotels non-exec makes s... 04-Apr-2012 ShareCast
Wednesday broker round-up - UPDATE 22-Feb-2012 ShareCast

MLC Top Newspaper Links

Hotel cheer as M&C sees higher profits 17-Feb-2011 The Independent
M&C checks in with more good news for hotel sector 17-Feb-2011 The Scotsman
Millennium & Copthorne halves dividend after hot... 19-Feb-2009 The Independent

Latest MLC Director Deals

Traded Action Notifier PriceAmountValue
18-May-12 Scrip Dividend Wong Hong Ren 0.000p 4,688 £0.00
02-Apr-12 Sell Richard Hartman 478.00p 132,694 £634,277.35
02-Apr-12 Transfer From Richard Hartman 0.000p 478,955 £0.00

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

MLC Market Data

Currency UK Pounds
Share Price 462.50p
Change Today -4.70p
% Change -1.01 %
52 Week High 517.00p
52 Week Low 371.20p
Volume 205,060
Shares Issued 324.37m
Market Cap £1,500.19m
Beta 0.93
RiskGrade 104

MLC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.17% above the market average40.17% above the market average40.17% above the market average40.17% above the market average40.17% above the market average
21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average
Price Trend
57.43% above the market average57.43% above the market average57.43% above the market average57.43% above the market average57.43% above the market average
39.47% above the sector average39.47% above the sector average39.47% above the sector average39.47% above the sector average39.47% above the sector average
Income
16.83% below the market average16.83% below the market average16.83% below the market average16.83% below the market average16.83% below the market average
18.37% below the sector average18.37% below the sector average18.37% below the sector average18.37% below the sector average18.37% below the sector average
Growth
76.60% above the market average76.60% above the market average76.60% above the market average76.60% above the market average76.60% above the market average
72.73% above the sector average72.73% above the sector average72.73% above the sector average72.73% above the sector average72.73% above the sector average

What The Brokers Say

Strong Buy 5
Buy 1
Neutral 4
Sell 0
Strong Sell 1
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MLC Dividends

  Latest Previous
  Special Final
Ex-Div 21-Mar-12 21-Mar-12
Paid 18-May-12 18-May-12
Amount 4.00p 10.42p

Trades for 25-May-2012

Time Volume / Share Price
17:07 8,200 @ 464.73p
16:35 35,044 @ 462.50p
16:29 1,244 @ 462.80p
16:29 170 @ 461.80p
16:29 246 @ 461.80p

MLC Key Personnel

Chair Kwek Leng Beng
CEO Wong Hong Ren

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