Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Millennium & Copthorne Hotels plc    MLC   GB0005622542

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
Analysis summary4-Traders Strategies 

The GBp 455.4 support area is tested

share with twitter share with LinkedIn share with facebook
share via e-mail
11/09/2012 | 10:19am
Opinion : Bullish above GBp 455.4
Target price : GBp 491
Stop loss: GBp 437.6
LONDON STOCK EXCHANGE
Hotels, Motels & Cruise Lines

According to Surperformance rating, the company is an opportunity for a trading strategy. Moreover, brokers have revised upward their EPS estimates for this year.

Technically, the security fell sharply for several trading sessions. This fall has lead Millennium & Copthorne Hotels towards the GBp 455.4 support area which could become useful as a stepping stone for a technical rebound. The target of this bullish trend is the GBp 491 resistance. Even though moving averages are still in a bearish trend, the oversold situation could encourage a renewed interest.

So as to make the most of a potential technical rebound of share price, it seems opportune to take a long position at the current price. A confirmation of this pattern would enable the security to reach the GBp 518 resistance, with a potential gain of 10.7%. Investors should not insist under GBp 455.4 and are better to place a stop loss order under this threshold.

Millennium & Copthorne Hotels plc : The GBp 455.4 support area is tested

© Zonebourse.com 2012
share with twitter share with LinkedIn share with facebook
share via e-mail

Disclaimer: 4-traders.com is a website published by SURPERFORMANCE SAS. Surperformance or 4-traders.com is not a registered broker-dealer nor a registered investment adviser. You understand that this web site and its content is furnished for your personal, noncommercial, informational purposes only, and that no mention of a particular security in this website constitutes a recommendation to buy, sell, or hold any other security, nor that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Surperformance and 4-traders.com services will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Information regarding trading and investment as provided by Surperformance professional is not tailored to the investment needs of any specific person. You acknowledge that you are responsible for your own financial decisions and should seek a registered financial agent depending on your own risk tolerance to advise you on your personal trading activities.

Company
Operates and manages hotels and resortsMillennium & Copthorne Hotels Plc owns and operates hotels in diverse locations.It focuses on significant gateway cities and Asian emerging markets.The company's brands includes Millennium and Grand Millennium, Copthorne & Grand Copthorne, M Hotels, Biltmore &... 
More about the company
Advertisement
Financials ( GBP)
Sales 2016 913 M
EBIT 2016 162 M
Net income 2016 81,0 M
Debt 2016 653 M
Yield 2016 1,96%
P/E ratio 2016 18,07
P/E ratio 2017 18,29
EV / Sales 2016 2,24x
EV / Sales 2017 2,18x
Capitalization 1 395 M
More Financials
Chart MILLENNIUM & COPTHORNE HOT
Duration : Period : Day
Millennium & Copthorne Hot Technical Analysis Chart | MLC | GB0005622542 | 4-Traders
Duration : Period : Week
Millennium & Copthorne Hot Technical Analysis Chart | MLC | GB0005622542 | 4-Traders
Surperformance© ratings  Help  
Fundamental ratings
Overall rating
Trading Rating
Investor Rating
Growth (Revenue)
Valuation
Finances
Profitability
Earnings quality
Business Predictability
P/E ratio
Potential
Yield
Consensus
7 days EPS revision
4 months EPS revision
1 year EPS revision
4 months Revenue revision
1 year Revenue revision
Technical ratings
Short Term Timing
Middle Term Timing
Long Term Timing
RSI
Bollinger Spread
Unusual Volumes
More Ratings