Monday, July 18, 2005

"The Ultimate Takeover Target in Chinese Travel" (CTRP, LONG, IACI, CD)

From The China Stock Blog: Pacific Growth Equities analyst Jason Brueschke re-iterated his overweight rating on Ctrip.com (ticker: CTRP) on Friday. He believes the stock will reach $70 a share in the next 6-12 months. Here are some key points from his note to clients:

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Posted by David Jackson on July 18, 2005 at 11:19 AM in Sub-sector: China, Sub-sector: Travel, ticker: CD, ticker: CTRP, ticker: IACI, ticker: LONG | Permalink | Comments (0) | TrackBack (0)

Thursday, June 23, 2005

A threat to Chinese online travel companies CTRP and LONG?

From Ezra Marbach at The China Stock Blog: Consumers have a new tool to navigate China's fragmented online travel market. Founded in early 2005, Qunar (Mandarin for "where are you going") recently launched one of Asia's first travel price comparison web sites. Here is an e-mail I received from the company today explaining their model:

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Posted by David Jackson on June 23, 2005 at 08:36 PM in Sub-sector: China, Sub-sector: Travel, ticker: CTRP, ticker: LONG | Permalink | Comments (1) | TrackBack (0)

Friday, April 29, 2005

Sell-side reaction to CTRP's Q1 2005 earnings results

Key points and extracts from Pacific Growth Equities analyst Jason Brueschke's note to clients reacting to Ctrip's (ticker: CTRP) Q1 earnings:

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Posted by David Jackson on April 29, 2005 at 01:20 PM in Earnings results, Sub-sector: Travel, ticker: CTRP | Permalink | Comments (0) | TrackBack (0)

Tuesday, February 22, 2005

Ctrip (CTRP) - key points from conf call - implications for eLong (LONG)

Ctrip (ticker: CTRP) reported Q4 results today. Here are some key points from the conference call:

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Posted by David Jackson on February 22, 2005 at 09:14 PM in Conf call quotes, Sub-sector: China, Sub-sector: Travel, ticker: CTRP, ticker: LONG | Permalink | Comments (0) | TrackBack (0)

Ctrip (CTRP) beats consensus, stock up 2% in weak market (4Q04 earnings)

Ctrip.com (ticker: CTRP), a consolidator of hotel accommodations and airline tickets in China, beat average consensus Q4 2004 EPS estimates by $0.06. Here are the details:

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Posted by David Jackson on February 22, 2005 at 09:05 PM in Earnings results, Sub-sector: China, Sub-sector: Travel, ticker: CTRP | Permalink | Comments (0) | TrackBack (0)

Tuesday, February 08, 2005

FT highlights Chinese Internet stocks' collapse

Here's what the FT's Lex Live column says about the China Internet stocks, and a look at how the stocks have done.

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Posted by David Jackson on February 8, 2005 at 11:56 AM in Sub-sector: China, ticker: CTRP, ticker: JOBS, ticker: SINA, ticker: SNDA, ticker: SOHU, ticker: TOMO | Permalink | Comments (1) | TrackBack (0)

Wednesday, February 02, 2005

Business Week picks small cap Net stocks

Business Week's Timothy Mullaney picks "second tier" Internet stocks in an article titled Finding Value on the Net.  His key argument: in the wake of eBay's earnings miss and stock fall, "retail investors can hedge bets on the Big Four [eBay, Amazon, Google and Yahoo] by buying smaller Net companies whose stocks are much more reasonably priced". Here are his picks:

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Posted by David Jackson on February 2, 2005 at 12:15 PM in Sub-sector: China, ticker: AQNT, ticker: CKFR, ticker: CTRP, ticker: FLWS, ticker: PRVD, ticker: SINA, ticker: SNDA | Permalink | Comments (0) | TrackBack (0)

Monday, January 10, 2005

New competition for Ctrip.com and eLong

According to the Guangzhou Daily (via the China Stock Blog), China Southern Airlines has signed an agreement with a British company to set up an online business travel services joint venture in China. China Southern Airlines and the British company will each invest $210 million. They also plan to jointly open 1,000 physical stores in three years. Airfare and hotel booking services will be the company's primary businesses.

Posted by David Jackson on January 10, 2005 at 12:49 PM in Sub-sector: China, Sub-sector: Travel, ticker: CTRP, ticker: LONG | Permalink | Comments (0) | TrackBack (0)

PriceGrabber adds travel

Comparison shopping engine PriceGrabber has expanded into travel.

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Posted by David Jackson on January 10, 2005 at 12:37 AM in Sub-sector: Travel, ticker: CD, ticker: CTRP, ticker: IACI, ticker: OSTK, ticker: PCLN, ticker: SHOP, ticker: TSG, ticker: TZOO, ticker: YHOO | Permalink | Comments (0) | TrackBack (0)

Wednesday, January 05, 2005

New SideStep web site threatens online travel companies

Travel search engine company SideStep released a web-based version of its travel search covering flights, rental cars and hotels, at SideStep.com. (Story via ClickZ here.) SideStep plans to make money by selling ads next to search results. It has a pay-per-click (PPC) deal with Overture (owned by Yahoo!) and also plans to sell its own PPC and graphical cost-per-page-impression (CPM) ads.

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Posted by David Jackson on January 5, 2005 at 01:49 PM in Sub-sector: Travel, ticker: CD, ticker: CTRP, ticker: GOOG, ticker: IACI, ticker: PCLN, ticker: TZOO, ticker: YHOO | Permalink | Comments (0) | TrackBack (0)

Thursday, December 30, 2004

Five Internet danger signs to watch for in 2005

The next few weeks will likely see a flurry of predictions for 2005, to the point where you'll be sick of reading them. So instead, I'm providing something which I hope will be more useful for investors in Internet stocks and managers of Internet companies: a checklist of danger signals for Internet investors to look out for next year. For each danger signal, I've specified which stocks will subsequently be at risk:

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Posted by David Jackson on December 30, 2004 at 11:03 PM in Sector Themes/Outlook, Sub-sector: Content, Sub-sector: E-finance, Sub-sector: E-tailing, Sub-sector: Search, Sub-sector: Travel, ticker: AMZN, ticker: ASKJ, ticker: BFLY, ticker: CNET, ticker: CTRP, ticker: EBAY, ticker: GOOG, ticker: HOLL, ticker: IACI, ticker: MSFT, ticker: NFLX, ticker: NILE, ticker: OSTK, ticker: PCLN, ticker: RATE, ticker: SHOP, ticker: TSCM, ticker: TZOO, ticker: YHOO | Permalink | Comments (5) | TrackBack (4)