MLC.L - Millennium & Copthorne Hotels plc

LSE - LSE Delayed Price. Currency in GBp
564.00
-1.00 (-0.18%)
As of 9:04AM BST. Market open.
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Previous Close565.00
Open565.00
Bid562.00 x 24100
Ask565.00 x 39200
Day's Range564.00 - 567.00
52 Week Range425.20 - 630.00
Volume2,190
Avg. Volume115,929
Market Cap1.832B
Beta1.08
PE Ratio (TTM)14.80
EPS (TTM)38.10
Earnings DateMay 4, 2018
Forward Dividend & Yield0.07 (1.17%)
Ex-Dividend Date2018-03-15
1y Target Est531.67
  • Who Are The Major Shareholders Of Millennium & Copthorne Hotels New Zealand Limited (NZE:MCK)?
    Simply Wall St.10 days ago

    Who Are The Major Shareholders Of Millennium & Copthorne Hotels New Zealand Limited (NZE:MCK)?

    I am going to take a deep dive into Millennium & Copthorne Hotels New Zealand Limited’s (NZSE:MCK) most recent ownership structure, not a frequent subject of discussion among individual investors.Read More...

  • Reuters13 days ago

    Britain's M&C Hotels picks industry veteran Jennifer Fox as new CEO

    Fox's appointment is effective from June 19, the operator of the Millennium, Grand Millennium, Copthorne and Kingsgate hotels said. Tan Kian Seng, who has served as M&C's interim CEO since Lee's departure, will remain with the company as chief of staff.

  • Why Millennium & Copthorne Hotels plc (LON:MLC) May Not Be As Efficient As Its Industry
    Simply Wall St.last month

    Why Millennium & Copthorne Hotels plc (LON:MLC) May Not Be As Efficient As Its Industry

    Millennium & Copthorne Hotels plc’s (LSE:MLC) most recent return on equity was a substandard 4.89% relative to its industry performance of 10.61% over the past year. An investor may attributeRead More...

  • Is Millennium & Copthorne Hotels New Zealand Limited (NZE:MCK) A Financially Sound Company?
    Simply Wall St.last month

    Is Millennium & Copthorne Hotels New Zealand Limited (NZE:MCK) A Financially Sound Company?

    Investors are always looking for growth in small-cap stocks like Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK), with a market cap of NZ$450.39M. However, an important fact which mostRead More...

  • Is Millennium & Copthorne Hotels plc (LON:MLC) A Financially Strong Company?
    Simply Wall St.last month

    Is Millennium & Copthorne Hotels plc (LON:MLC) A Financially Strong Company?

    Mid-caps stocks, like Millennium & Copthorne Hotels plc (LSE:MLC) with a market capitalization of UK£1.78B, aren’t the focus of most investors who prefer to direct their investments towards either large-capRead More...

  • Does Millennium & Copthorne Hotels New Zealand Limited’s (NZE:MCK) PE Ratio Signal A Buying Opportunity?
    Simply Wall St.2 months ago

    Does Millennium & Copthorne Hotels New Zealand Limited’s (NZE:MCK) PE Ratio Signal A Buying Opportunity?

    Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) is trading with a trailing P/E of 10.5x, which is lower than the industry average of 27x. Although some investors may jumpRead More...

  • Want To Invest In Millennium & Copthorne Hotels New Zealand Limited (NZE:MCK)? Here’s How It Performed Lately
    Simply Wall St.2 months ago

    Want To Invest In Millennium & Copthorne Hotels New Zealand Limited (NZE:MCK)? Here’s How It Performed Lately

    Assessing Millennium & Copthorne Hotels New Zealand Limited’s (NZSE:MCK) performance as a company requires looking at more than just a years’ earnings data. Below, I will run you through aRead More...

  • How Millennium & Copthorne Hotels New Zealand Limited (NZE:MCK) Delivered A Better ROE Than Its Industry
    Simply Wall St.2 months ago

    How Millennium & Copthorne Hotels New Zealand Limited (NZE:MCK) Delivered A Better ROE Than Its Industry

    Millennium & Copthorne Hotels New Zealand Limited (NZSE:MCK) outperformed the Hotels, Resorts and Cruise Lines industry on the basis of its ROE – producing a higher 9.06% relative to theRead More...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of MLC.L earnings conference call or presentation 8-Feb-18 10:00am GMT

    Full Year 2017 Millennium & Copthorne Hotels PLC Earnings Call

  • Where Millennium & Copthorne Hotels plc (LON:MLC) Stands In Terms Of Earnings Growth Against Its Industry
    Simply Wall St.2 months ago

    Where Millennium & Copthorne Hotels plc (LON:MLC) Stands In Terms Of Earnings Growth Against Its Industry

    Assessing Millennium & Copthorne Hotels plc’s (LSE:MLC) past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company hasRead More...

  • This U.K. Hotelier Is Caught Between Brexit and Kim Jong-Un
    Bloomberg2 months ago

    This U.K. Hotelier Is Caught Between Brexit and Kim Jong-Un

    Upmarket accommodation firm Millennium & Copthorne Hotels Plc is stuck between a rock and a hard place: Brexit is driving up staffing costs in its home market while the spat between North Korea and the ...

  • Reuters2 months ago

    Britain's M&C Hotels 2017 revenue rises, but Europe occupancy falls

    Reported revenue per available room (RevPAR), a key metric that measures a hotel's financial health, improved in all regions in the fourth quarter, the company said, except in Europe, where it fell 2.9 percent due to a drop in occupancy. "Concerns about Brexit have affected our UK hotels especially in London, where there were already pressures on labour costs from a recent minimum wage increase," the company said. RevPAR rose to 82.78 pounds for the year ended Dec. 31, from 76.71 pounds a year earlier, said the operator of the Millennium, Grand Millennium, Copthorne and Kingsgate hotels.

  • Reuters3 months ago

    Singaporean billionaire Kwek fails in attempt to acquire M&C Hotels

    An attempt by Singaporean billionaire Kwek Leng Beng to take full control of Millennium & Copthorne Hotels (M&C) (MLC.L) in a deal valuing the business at 2 billion pounds collapsed after minority shareholders blocked the acquisition. Kwek's firm City Developments Limited (CDL), already M&C's majority investor, secured acceptances from only 47.14 percent of the London-listed hotelier's minority shareholders for its 620-pence-a-share offer, CDL said in a statement on Friday.

  • Reuters3 months 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 ...

  • Reuters3 months 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.

  • Reuters4 months ago

    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.

  • Reuters4 months ago

    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 Cube4 months ago

    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...)

  • Reuters4 months ago

    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.

  • Reuters4 months ago

    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.

  • Reuters4 months ago

    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 Cube5 months ago

    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.6 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...

  • Reuters6 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.

  • Reuters6 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.