What do you folks think of ctrip now? (ctrp)

Best Answer

CUWu answered a question in Foreign Markets.
957 points

CUWu answered 2 years ago …

I like the business but I think the stock might be overvalued on a fundamental basis - P/E is over 80 now without any meaningful advance in business prospects. I also think that on a technical basis the stock is either going into a bit of a base building period or a decline - It has tested and failed it's previous high twice already. I think there are lower hanging fruit in China.

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