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)

Wednesday, May 25, 2005

eLong (LONG) beats management guidance; air ticketing shows strong growth (1Q05 earnings)

From Ezra Marbach at The China Stock Blog (with full permission):

eLong (ticker: LONG), a Chinese online travel service provider beat Q1 2005 management revenue and earnings guidance. Analyst estimates were unavailable. Details:

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Posted by David Jackson on May 25, 2005 at 09:53 AM in Earnings results, Sub-sector: China, Sub-sector: Travel, ticker: LONG | Permalink | Comments (0) | TrackBack (0)

eLong (LONG) remains on a long road to profitability (1Q05 conf call)

From Ezra Marbach at The China Stock Blog (with full permission):

eLong (ticker: LONG), a Chinese online travel service provider reported Q1 2005 results today. Here are key points from Chairman and CEO Justin Tang and CFO Derek Palaschuk:

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Posted by David Jackson on May 25, 2005 at 09:51 AM in Conf call quotes, Sub-sector: China, Sub-sector: Travel, ticker: LONG | Permalink | Comments (0) | TrackBack (0)

Friday, May 06, 2005

eLong (LONG) continues building the IAC empire (IACI 1Q05 conf call quotes)

IAC (ticker: IACI), an e-commerce company, reported Q1 2005 results yesterday. Here is what Dara Khosrowshahi, CEO of IAC Travel, had to say about majority-owned China partner and online travel service provider, eLong (ticker: LONG), during IAC's earnings results conference call:

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Posted by David Jackson on May 6, 2005 at 12:43 PM in Conf call quotes, Sub-sector: China, Sub-sector: Travel, ticker: IACI, ticker: LONG | 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)

Monday, January 10, 2005

Interesting timing for IACI exercise of eLong warrant

eLong, the Chinese online travel service provider, issued a press release announcing that IACI has completed the purchase of 17,362,134 shares of eLong stock for $6.21 per high-vote ordinary share, the equivalent of $12.42 per ADS. eLong's ADS is currently trading at about $15.80.

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Posted by David Jackson on January 10, 2005 at 01:09 PM in Sub-sector: Travel, ticker: IACI, ticker: LONG | Permalink | Comments (0) | TrackBack (0)

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)