CC highlights
Christensen IR handled the call and did a nice job, IR contact was easy to understand.
1. 2008 strategy is to focus on online & organic growth versus acquisition
2. With new acquisition, many cross-selling opportunities exist with subsidiary synergies and integration.
3. Jiang said she has never considered a takeover from CTRP, and see UTVG as a great and bright future on its own with much space to grow and we have big plans.
4. Olympics are great business opportunity
5. Do not have numbers for Q1 yet, but will give guidance in the future
6. Lack of 2nd & 3rd payment for recent fundraising does not put cash flow pressure on company, they are confident in operating cashflow to proceed with '08 strategy
7.Christensen is the new IR contact
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