Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Focusing on Asian logistics, transportation, and travel companies

Asian Equities Analyst, Logistics & Transport

MakeMyTrip Boasts a Diversity of Growth Drivers & Appears Cheap Vs Ctrip.com on EV/Revenue

Ctrip.com Q4 Result & Q1 Guidance First Impressions: Low-Quality Earnings, Low-Quality Growth

10 Things We Hate About Ctrip.com (As an Investment)

Ctrip.com Q3 Earnings: Margins Boosted By 'Other' Income, Lower Business Taxes, QUNR Turnaround

Ctrip.com Q3 Earnings Preview: Is There Actually a Path to Profitability in 2017?

First Cut on Ctrip.com Q2 Results: Margins Remain Under Pressure

Equity Bottom-Up

<h2>Overview: Will Strong Revenue Growth Ever Lift CTRP Margins?</h2><p><a href="https://www.smartkarma.com/entities/180" target="_blank" data-smartkarma-citation="entities:180:1">Ctrip.com International (ADR) (CTRP US)</a> has expanded dramatically over the last few years through a combination of solid organic growth and, more recently, the 2015 acquisition of <a href="https://www.smartkarma.com/entities/7357" target="_blank" data-smartkarma-citation="entities:7357:1">Qunar Cayman Islands Ltd (QUNR US)</a>. Street analysts and many investors appear to share the belief that as CTRP increases its revenue base, it is moving inexorably toward a period of significantly higher margins and returns. </p><p>We strongly disagree with this view.</p><p>…</p>

Overview: Will Strong Revenue Growth Ever Lift CTRP Margins?Ctrip.com International (ADR) (CTRP US) has expanded dramatically over the last few years through a combination of solid organic growth and, more recently, the 2015 acquisition of Qunar Cayman Islands Ltd (QUNR US). Street analysts and many investors appear to share the belief that as CTRP increases its revenue base, it is moving inexorably toward a period of significantly higher margins and returns. We strongly disagree with this view.…

Ctrip.comはPricelineの別物？それともExpediaの別物？それともどちらでもない？すぐに分かるよ

Trip.com

Ctrip.comはPricelineの別物？それともExpediaの別物？それともどちらでもない？すぐに分かるよ