MLC.L - Millennium & Copthorne Hotels plc

LSE - LSE Delayed Price. Currency in GBp
545.00
-6.00 (-1.09%)
At close: 5:07PM GMT
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Previous Close551.00
Open552.00
Bid490.00 x 24100
Ask580.00 x 39200
Day's Range538.00 - 561.00
52 Week Range410.00 - 630.00
Volume85,442
Avg. Volume503,660
Market Cap1.77B
BetaN/A
PE Ratio (TTM)22.71
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters4 days ago

    Singapore's CDL will not extend M&C offer beyond January 26

    By Ben Martin LONDON (Reuters) - City Developments Limited (CDL) said on Tuesday that it would not extend the offer period for its bid for Millennium & Copthorne Hotels (M&C) (MLC.L) beyond 1300 GMT on ...

  • Reuters8 days ago

    CDL hires Georgeson to woo investors in M&C Hotels bid - sources

    The Singaporean billionaire trying to buy Millennium & Copthorne Hotels (MLC.L)(M&C) has hired advisory firm Georgeson to help to drum up investor support for the deal in the face of shareholder opposition that could derail the bid. City Developments Limited (CDL), the vehicle of businessman Kwek Leng Beng, has offered 620 pence per share to acquire the 34.8 percent of M&C that it does not already own in a bid that values the London-listed hotelier at 2 billion pounds.

  • Reuterslast month

    Singaporean billionaire defends bid for M&C Hotels in face of investor opposition

    Kwek Leng Beng, the Singaporean billionaire attempting to take over Millennium & Copthorne Hotels (MLC.L), defended his bid on Monday after a group of investors argued it was too low and sought to block the deal. The chairman of City Developments Limited (CDL), which has offered to buy out minority investors in the FTSE 250 hotelier for 620 pence a share, urged M&C shareholders in a letter "to consider the very material premium and value" of its bid. Three minority investors in the hotel chain last week rejected CDL's offer for the 34.8 percent of M&C it does not already own.

  • Reuterslast month

    CDL urges M&C investors to consider 'material premium' of takeover bid

    By Ben Martin LONDON (Reuters) - City Developments Limited, which wants to buy-out minority shareholders in Britain's Millennium & Copthorne Hotels (MLC.L), urged investors to consider the "very material ...

  • Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bearish Manner : MLC-GB : December 15, 2017
    Capital Cubelast month

    Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bearish Manner : MLC-GB : December 15, 2017

    Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Millennium & Copthorne Hotels Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving ... Read more (Read more...)

  • Reuterslast month

    Minority investors in M&C Hotels seek to block takeover by CDL

    A group of minority investors in Millennium & Copthorne Hotels has rejected a takeover offer from the company's majority shareholder and called on other investors to follow suit to defeat the bid, which values the business at 2 billion pounds. International Value Advisers, MSD Partners, and Classic Fund Management on Thursday said they would not tender their shares into the "highly opportunistic" 620 pence a share offer made by City Developments Limited on Dec. 8 for the 34.8 percent of M&C that it does not own. The three investment firms said they represented about 37 percent of the shares targeted in CDL's bid.

  • Reuterslast month

    M&C Hotels agrees to sweetened bid from CDL valuing it at two billion pounds

    Millennium & Copthorne Hotels (MLC.L) has agreed to a sweetened takeover offer from its majority shareholder that values the London-listed company at about 2 billion pounds ($2.67 billion) after an earlier bid was heavily criticised by minority investors. City Developments Limited (CDL), a vehicle of Singaporean billionaire Kwek Leng Beng, who is also chairman of M&C, has offered 620 pence per share in cash to acquire the 34.8 percent of the FTSE 250 hotelier that it does not already own, the companies said in a statement on Friday. The offer, which was declared final, has been recommended by M&C's independent directors.

  • Reuterslast month

    Deals of the day- Mergers and acquisitions

    (Adds Helios Investment Partners, Spotify, KKR & Co, CVS, Millenium & Copthorne Hotels, Aecon, TIM Participações, Seven-Up Bottling, Bayer, Toshiba, Lufthansa, PKO) Dec 8 (Reuters) - The following bids, ...

  • Millennium & Copthorne Hotels Plc :MLC-GB: Earnings Analysis: Q3, 2017 By the Numbers : December 5, 2017
    Capital Cubelast month

    Millennium & Copthorne Hotels Plc :MLC-GB: Earnings Analysis: Q3, 2017 By the Numbers : December 5, 2017

    Categories: Yahoo FinanceGet free summary analysis Millennium & Copthorne Hotels Plc reports financial results for the quarter ended September 30, 2017. Highlights Summary numbers: Revenues of GBP 263 million, Net Earnings of GBP 50 million. Gross margins narrowed from 51.82% to 50.95% compared to the same period last year, operating (EBITDA) margins now 28.52% from 26.32%. Earnings ... Read more (Read more...)

  • Millennium & Copthorne Hotels plc (LSE:MLC): Financial Strength Analysis
    Simply Wall St.3 months ago

    Millennium & Copthorne Hotels plc (LSE:MLC): Financial Strength Analysis

    Stocks with market capitalization between $2B and $10B, such as Millennium & Copthorne Hotels plc (LSE:MLC) with a size of GBP £1.94B, do not attract as much attention from theRead More...

  • Reuters3 months ago

    New York demand lifts hotelier Millennium & Copthorne's revenue

    Reported revenue per available room (RevPAR) rose 11.5 percent to 82.41 million pounds for the nine months to Sept. 30, the operator of the Millennium, Grand Millennium, Copthorne and Kingsgate hotels said. Excluding deals, closures and currency movements, like-for-like RevPAR was up 1.4 percent. At least four minority shareholders, including International Value Advisers, MSD Partners, Aberdeen Standard and Fidelity, have criticised Singapore-based City Development's 552.5 pence per share proposed cash offer to buy the 34.8 percent stake it does not own, saying it undervalues M&C's property holdings.

  • Reuters3 months ago

    Two investors join rebellion against $2.4 billion M&C hotels takeover

    Two fund management firms have joined an investor revolt against the planned 1.8 billion pound takeover of Britain's Millennium & Copthorne Hotels (M&C) (MLC.L) by City Developments Limited (CDL) (CTDM.SI), its majority shareholder. International Value Advisers (IVA) and MSD Partners, which own 7 percent and 1.9 percent respectively of London-listed M&C, have sent a letter to the hotel company's independent directors to criticise them for supporting the 552.5 pence per share takeover proposal from Singapore's CDL, which is part of billionaire Kwek Leng Beng's Hong Leong Group.

  • Capital Cube3 months ago

    Millennium & Copthorne Hotels Plc – Value Analysis (LONDON:MLC) : October 11, 2017

    Categories: Europe Value Analsysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Millennium & Copthorne Hotels Plc a score of 63. Our analysis is based on comparing Millennium & Copthorne Hotels Plc with the following peers – InterContinental Hotels Group PLC, Peel Hotels Plc and Safestay Plc (IHG-GB, PHO-GB and SSTY-GB). Investment Outlook Millennium & Copthorne Hotels Plc has ... Read more (Read more...)

  • Millennium & Copthorne Hotels Plc : Price does not justify hold but fundamentals might?
    Capital Cube3 months ago

    Millennium & Copthorne Hotels Plc : Price does not justify hold but fundamentals might?

    Categories: Yahoo FinanceMillennium & Copthorne Hotels Plc relative valuation is now OVERVALUED. It was previously rated UNDERVALUED, and has a fundamental analysis score of 63. Our analysis is based on comparing Millennium & Copthorne Hotels Plc with the following peers – InterContinental Hotels Group PLC, Peel Hotels Plc and Safestay Plc (IHG-GB, PHO-GB and SSTY-GB). Relative Valuation ... Read more (Read more...)

  • Reuters3 months ago

    FTSE on the defensive as stronger pound drags

    (This October 9 story corrects to remove reference to Magellan Asset Management short position on Tesco. Magellan has a 3.41 percent stake in Tesco) By Helen Reid LONDON (Reuters) - Britain's major share ...

  • Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bullish Manner : MLC-GB : October 10, 2017
    Capital Cube3 months ago

    Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bullish Manner : MLC-GB : October 10, 2017

    Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Millennium & Copthorne Hotels Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving ... Read more (Read more...)

  • Reuters3 months ago

    Singapore's City Developments offers to buy remaining M&C stake

    Under the offer, M&C shareholders would receive 552.5 pence in cash for each share, a premium of about 21.4 percent to M&C's closing share price on Friday. M&C's shares were up 21 percent at 548.5 pence in early trading on the London Stock Exchange on Monday. The move would bring the operator of the Millennium, Grand Millennium, Copthorne and Kingsgate hotels back into the fold of Singaporean billionaire Kwek Leng Beng's property empire.

  • Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bearish Manner : MLC-GB : September 25, 2017
    Capital Cube4 months ago

    Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bearish Manner : MLC-GB : September 25, 2017

    Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Millennium & Copthorne Hotels Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving ... Read more (Read more...)

  • When Should You Buy Millennium & Copthorne Hotels plc (LSE:MLC)?
    Simply Wall St.4 months ago

    When Should You Buy Millennium & Copthorne Hotels plc (LSE:MLC)?

    Millennium & Copthorne Hotels plc (LSE:MLC) trades with a trailing P/E of 16.5x, which is lower than the industry average of 24.9x. While this makes MLC appear like a greatRead More...

  • Does Millennium & Copthorne Hotels New Zealand Limited’s (NZSE:MCK) PE Ratio Warrant A Buy?
    Simply Wall St.4 months ago

    Does Millennium & Copthorne Hotels New Zealand Limited’s (NZSE:MCK) PE Ratio Warrant A Buy?

    Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) is currently trading at a trailing P/E of 10.7x, which is lower than the industry average of 29.1x. While this makes MCKRead More...

  • Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bearish Manner : MLC-GB : September 13, 2017
    Capital Cube4 months ago

    Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bearish Manner : MLC-GB : September 13, 2017

    Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Millennium & Copthorne Hotels Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving ... Read more (Read more...)

  • Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bullish Manner : MLC-GB : September 1, 2017
    Capital Cube5 months ago

    Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bullish Manner : MLC-GB : September 1, 2017

    Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Millennium & Copthorne Hotels Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving ... Read more (Read more...)

  • Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bearish Manner : MLC-GB : August 21, 2017
    Capital Cube5 months ago

    Millennium & Copthorne Hotels Plc breached its 50 day moving average in a Bearish Manner : MLC-GB : August 21, 2017

    Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Millennium & Copthorne Hotels Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving ... Read more (Read more...)

  • Thomson Reuters StreetEvents5 months ago

    Edited Transcript of MLC.L earnings conference call or presentation 4-Aug-17 8:00am GMT

    Half Year 2017 Millennium & Copthorne Hotels PLC Earnings Call