MakeMyTrip Q2 Results Doubly Disappointing, Again; Look for More Attractive Tourism Plays Elsewhere
For a second consecutive quarter since the January 2017 completion of its merger with Ibibo Group, Makemytrip Ltd (MMYT US) reported financial...
328 Views
Ctrip's Q3 Profit Boosted by Non-Core Items, Again; Q4 Guidance Suggests Organic Growth Below 20%
Ctrip.com International (ADR) (CTRP US) just released its Q3 (September) earnings results and is currently conducting a conference call to discuss...
294 Views
Matrimony.com(IPO): Leader in a Wide Moat Business Deserves Premium; Anchors Pick 45% of IPO Already
Matrimony.com, the leader in online matrimonial services in India, is raising US$ 78.5m via a public issue listing on NSE & BSE. Around...
499 Views
With Organic Revenue Growth Slowing & Margin Improvement Likely to Stall, Why Even Own Ctrip?
Last week Ctrip.com International (ADR) (CTRP US) reported Q2 results that largely met analysts' expectations. However, management guidance for Q3...
383 Views
Market Is Ignoring Naspers' Investment Track Record. Discount to Underlying Value Is Unjustified
Over the last year, either the market has implicitly marked down the value of Naspers (NPN SJ) unlisted e-commerce assets by $18bn, OR the implied...
482 Views