TCOM
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$TRIP.COM-S(09961.HK)
Just wanted to share why I am still bullish and positive on my Trip.com shares even after that big fine.
Honestly, I see the penalty as good news in a way. This is because the uncertainty is finally over. The company accepted it and they can move on now.
The business is strong:
· Revenue grew 17% last quarter
· International bookings are booming (+40–50%)
· Top analysts still say ‘Buy’
· The stock is cheap – only 6.4 times earnings
Yes, the fine is large but Trip.com has plenty of cash to cover it.
Travel is bouncing back and this company is a winner. I’m holding tight☺️
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