Ctrip.com International, Ltd. (ADR) (CTRP)

darkflame (93.74) Submitted: 5/17/07 5:14 PM

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I would say, if you would like to invest and benefict with the growth of China, then buy a cheaper stock like Walmart, Intel, Microsoft, Petrochina or KONG. P/E for CTRP is way too high...of course if we compare with Expedia (I came up with that comparison too a while ago) it's still cheap, but how about if things don't go as we expect ? Then the stock is worth nothing...

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Asu24Mb (45.84) Submitted: 7/11/07 2:17 PM

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The Olympics will be to CTRP like Christmas is to Apple. It will give a nice boost in earnings and investor return, but it does not define the companies growth potential or market they operate in. I think the "Olympics play" by investors is way overblown, this company has wonderful growth potential for some time. Its just hard to eat the premium right now.

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hhasia (< 20) Submitted: 7/12/07 1:03 PM

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The thing to understand with this one is , THE DOMESTIC MARKET!.
Even if no foreigners came to China, CTRP in combination with the wildly expanding internet market would capture the domestic travel. It is huge! The govt is expanding airports exponentially, Air China buying all the planes they can get their hands on. It is a mistake to bet against this one. (From china HH)

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chedlund (< 20) Submitted: 8/31/07 9:35 AM

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I lived in Shanghai as an expat for 2 years. Ctrip was what we used to book personal travel, based on a recommendation from a local co-worker. They had the best prices and more options than other players. I cannot comment on the economics, but breaking into the Chinese market from the outside is very difficult. Unless they really stumble on execution I think Ctrip has a lot of upside as both locals and foreigners travel more in China and Asia.

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