My target price of $34, values TOUR at 1.7x FY15E P/S, on-par with Expedia ( EXPE ) but at a discount to Ctrip ( CTRP ) and eLong ( LONG ). I see TOUR as one of few Chinese ADRs that has the potential to double in the next three years
gone on a huge upswing in the past month. The following chart compares its performance to Chinese travel companies Ctrip ( CTRP ), Home Inns ( HMIN ), Qunar ( QUNR ) and Tuniu ( TOUR ): (click to enlarge) As shown above, LONG's 60% increase
Expedia ( EXPE ) says reports in Chinese media relating to its ownership of eLong ( LONG ) are inaccurate . Last week, Marbridge Consulting tipped that Ctrip was looking to buy Expedia's stake in eLong. Post your comment!
veteran online travel service eLong (Nasdaq: LONG ) could be gearing up for a buy-out by much larger rival Ctrip (Nasdaq: CTRP ). New York markets have seen a steady stream of de-listings by Chinese firms over the last 2 years, as many
insider" tells Marbridge Consulting Ctrip ( CTRP +0.9% ) plans to buy Expedia's ..... eLong's voting rights, and that Ctrip and Tencent have jointly invested ..... one of them is LY.com, which Ctrip recently poured $200M into. eLong
Top gainers, as of 5:15 p.m.: AWRE +13.6% . MTW +11.9% . PRGS +8.9% . NKE +3.2% . ETE +2.4% . Top losers, as of 5:15 p.m.: ISIS -5.4% . SFM -2.7% . IG -2.3% . DD -2.2% . CTRP -1.5% . Post your comment!
Stifel's George Askew has downgraded Ctrip ( CTRP ) to Hold. Askew notes Air China ..... assuming a 0.5% net reduction in Ctrip 's air ticket commission, and has ..... ticketing revenue accounted for 39% of Ctrip 's Q1 sales, and was up 43% Y
Gainers: XGTI +63% . VRTX +50% . ISR +18% . LIQD +8% . FRO +6% . LIVE +6% . ZPIN +6% . Losers: GIGA -15% . OHRP -11% . RDEN -8% . KNOP -8% . LORL -5% . CTRP -5% . Post your comment!
of revenue growth the next five years, driven by continued penetration of the European market, a partnership with Ctrip . com CTRP for outbound travel from China, an acceleration in revenue per available room, or revPAR, growth in Europe, and
By Xin He : China's largest and strongest search engine company, Baidu ( BIDU ), faces one of the best opportunities, which is created by the deteriorating real estate market in China. I believe that the technology giants in China are like hyenas that will take over the existing conventional ...