Trip.com (TCOM); (former Ctrip); HK 9961

Re: Ctrip.com (CTRP)

Postby iam802 » Fri Jul 09, 2010 5:34 pm

CTRP was downgraded couple of days back with the price plunging from $37 to $31.

The last 2 day’s saw a dead cat bounced for the stock.

This provided a very good entry to short the stock when it starts to turn around.

Image
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
User avatar
iam802
Big Boss
 
Posts: 6353
Joined: Wed May 07, 2008 1:14 am

Re: Ctrip.com (CTRP)

Postby winston » Fri Jul 09, 2010 6:18 pm

I dont follow this stock and I dont know what's their PE now.

However, I can tell you that they are very well run, everyone that I know in China buy their airtickets and book their hotels thru them.

This is their website: www.ctrip.com

I would be very careful about shorting a very well run company.
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Ctrip.com (CTRP)

Postby iam802 » Fri Jul 09, 2010 6:28 pm

Thanks W.

I will look at the price-action. See if I can feel if the selling is going to be fast and furious.
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
User avatar
iam802
Big Boss
 
Posts: 6353
Joined: Wed May 07, 2008 1:14 am

Re: Ctrip.com (CTRP)

Postby helios » Tue Jul 13, 2010 10:58 pm

i think, even singaporean businessmen are using ctrip to do their hotels booking ...
[Finance disclaimer: The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought regarding investing of any stocks/ funds and/or whatsoever. The author has no vested interest in the mentioned stock at the time of writing.
helios
Permanent Loafer
 
Posts: 3608
Joined: Wed May 07, 2008 8:30 am

Re: Ctrip.com (CTRP)

Postby winston » Fri Oct 22, 2010 9:17 am

PE 43. Not cheap. And the bid / ask spread is US$1 on the SGX :(
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Ctrip.com (CTRP)

Postby winston » Sun Oct 31, 2010 3:58 pm

Not vested. PE 45 and I dont think they can grow at 45% a year.

How to Trade One of China's Greatest Trophy Assets By Larsen Kusick

Everyone knows China is going "commodity crazy." The country is buying resources like gold, copper, and energy commodities at a frenzied pace.

In the past month, we've seen CNOOC (a huge Chinese oil company) put up more than $1 billion for a piece of Chesapeake's Eagle Ford assets in Texas. Chinese firms are also buying oil sands and even uranium.

But what most folks don't know is China is going "travel crazy" as well.

China's growing middle class is Westernizing. That means vacations, business trips, and more visits to relatives living in other parts of China's massive landscape.

This weekend, the Shanghai Expo, an enormous world fair that began on May 1, will come to a close. By mid-October, the festival had topped 65 million total visitors. It had over a million visitors in one day this month. That kind of tourism makes the Super Bowl look like a street fair in a small town.

When I visited China two months ago, major tourist hotspots such as the Great Wall and the Terracotta Warrior site outside Xi'an were packed. I'd say 99% of the visitors were native Chinese.

China's 1.3 billion people are as big a market as you're going to find. The travel sector is guaranteed to see huge growth over the next decade. It's no surprise that China's major airlines, China Eastern and China Southern, are soaring to new highs.

But the best play on this mega growth trend is Ctrip (CTRP). In spite of its $7 billion market cap, most investors have never heard of it.

On a fundamental basis, there's a lot to love. Ctrip is similar to Expedia or Priceline. And online travel is just beginning to catch on in China. Although the "urban professionals" I met in Shanghai had used the site, there's still a lot of room for growth.

Online travel only accounts for about 10% of all travel bookings in China right now.

In the U.S., 56% of all trips are booked online. Ctrip will capture tons of market share over the next few years as consumers gravitate away from travel agents to online travel.

Ctrip has taken the early lead in the online travel space. In any online business, scale is critical. The bigger you are, the more people rely solely on your website... That's how you keep competitors out of your target market.

This has been the secret of online search giant Baidu's success. China's answer to Google has crushed domestic competitors such as Sina and Sohu.

Ctrip is on target to surpass $400 million in revue this year. Longtime competitor eLong (LONG) isn't expected to crack $100 in revenue anytime soon.

Like Baidu, Ctrip is one of the "trophy" assets of China. Unfortunately, investors rarely get a chance to buy trophy assets cheaply.

Shares have raced above $50 after trading around the $40 level for much of this summer. Part of this move is a result of the market anticipating that next year's earnings estimates are too low.

Shares of Ctrip are trading around 50 times this year's earnings estimates. Based on the expected 40% earnings growth next year, shares are trading at 39 times 2011 earnings estimates. That's around 1.5 times the company's earnings growth rate of 25% to 30%.

A super growth stock is a good value when it sports a price-to-earnings-growth rate of just 1. That means shares would have to fall down to $40 before Ctrip isn't expensive... Until then, owning this stock is simply a play on China momentum.

But the next time we get a good China panic, Ctrip is one "trophy asset" you'll want to consider buying.

http://www.growthstockwire.com/2546/How ... phy-Assets
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Ctrip.com (CTRP)

Postby winston » Thu Nov 11, 2010 9:31 pm

Not vested

Am starting to see that the Chinese are no longer buying their plane tickets from Ctrip or
E-long.

They are now starting to book from other websites like Mango, which are offering better deals than Ctrip.

So maybe I have to take this counter off my watch-list
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Ctrip.com (CTRP)

Postby winston » Tue Nov 15, 2011 11:36 am

Not vested. Down 12% ...

Ctrip Reports Third Quarter 2011 Financial Results
SHANGHAI, Nov. 13, 2011 /PRNewswire via COMTEX/ -- ,

CTRP +0.03% , a leading travel service provider of hotel accommodations, airline tickets, packaged tours and corporate travel management in China, today announced its unaudited financial results for the quarter ended September 30, 2011.

Highlights for the Third Quarter of 2011

Net revenues were RMB975 million (US$153 million) for the third quarter of 2011, up 20% year-on-year.

Gross margin was 77% for the third quarter of 2011, compared to 78% in the same period in 2010.

Income from operations was RMB304 million (US$48 million) for the third quarter of 2011, down 1% year-on-year.

Excluding share-based compensation charges (non-GAAP), income from operations was RMB395 million (US$62 million), up 7% year-on-year.

Operating margin was 31% for the third quarter of 2011, compared to 38% in the same period in 2010.

Excluding share-based compensation charges (non-GAAP), operating margin was 41%, compared to 45% in the same period in 2010.

Net income attributable to Ctrip's shareholders was RMB325 million (US$51 million) in the third quarter of 2011, up 2% year-on-year.

Excluding share-based compensation charges (non-GAAP), net income attributable to Ctrip's shareholders was RMB416 million (US$65 million), up 9% year-on-year.

Diluted earnings per ADS were RMB2.13 (US$0.33) for the third quarter of 2011. Excluding share-based compensation charges (non-GAAP), diluted earnings per ADS were RMB2.73 (US$0.43) for the third quarter of 2011.

Share-based compensation charges were RMB91 million (US$14 million), accounting for 9% of the net revenues, or RMB0.59 (US$0.09) per ADS for the third quarter of 2011.

"Despite a challenging comparison base, Ctrip has continued to outperform the industry with solid growth in the third quarter of 2011," said Min Fan, President and Chief Executive Officer of Ctrip.

"The Ctrip team effectively implemented the Company's strategies to extend market leadership in all areas. We are encouraged by the progress in sales and marketing, product development and system enhancement.

Building on these concerted efforts, we believe the team will continue to succeed in this promising and challenging market."

Business Outlook

For the fourth quarter of 2011, the Company expects to continue the net revenue growth year-on-year at a rate of approximately 15-20%.

This forecast reflects Ctrip's current and preliminary view, which is subject to change.

http://www.marketwatch.com/story/ctrip- ... 2011-11-13
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Ctrip.com (CTRP)

Postby winston » Wed Feb 22, 2012 2:08 pm

not vested

Ctrip.com (ADR) Target Cut To US$28.50 Vs US$39.00 By BoA-ML
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Ctrip.com (CTRP)

Postby winston » Fri May 18, 2012 8:53 am

not vested

Ctrip Reports First Quarter 2012 Financial Results

SHANGHAI, May 16, 2012 -- /PRNewswire-Asia/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of hotel accommodations, airline tickets, packaged tours and corporate travel management in China, today announced its unaudited financial results for the quarter ended March 31, 2012.

Highlights for the First Quarter of 2012

• Net revenues were RMB911 million (US$145 million) for the first quarter of 2012, up 19% year-on-year, versus our guidance of 15-20% year-on-year.

• [b] Gross margin was 75% for the first quarter of 2012, [/b]compared to 78% in the same period in 2011.

• Income from operations was RMB177 million (US$28 million) for the first quarter of 2012, down 33% year-on-year. Excluding share-based compensation charges (non-GAAP), income from operations was RMB277 million (US$44 million), down 17% year-on-year.

• Operating margin was 19% for the first quarter of 2012, compared to 34% in the same period in 2011. Excluding share-based compensation charges (non-GAAP), operating margin was 30%, compared to 44% in the same period in 2011.

• Net income attributable to Ctrip's shareholders was RMB169 million (US$27 million) in the first quarter of 2012, down 28% year-on-year. Excluding share-based compensation charges (non-GAAP), net income attributable to Ctrip's shareholders was RMB270 million (US$43 million), down 12% year-on-year.

• Diluted earnings per ADS were RMB1.11 (US$0.18) for the first quarter of 2012. Excluding share-based compensation charges (non-GAAP), diluted earnings per ADS were RMB1.77 (US$0.28) for the first quarter of 2012.

• Share-based compensation charges were RMB101 million (US$16 million), accounting for 11% of the net revenues, or RMB0.66 (US$0.11) per ADS for the first quarter of 2012.

http://www.sacbee.com/2012/05/16/449532 ... -2012.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to S to Z

Who is online

Users browsing this forum: No registered users and 5 guests

cron