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Lexinfintech Holdings Ltd (LX)

NASDAQ
Symbol
Exchange
Currency
LX·NASDAQ·USD
1LFAy·TradeGate·EUR
Currency in USD
2.650
-0.060(-2.21%)
Closed·
Pre Market
2.680+0.030(+1.13%)
·

LX Comments

Anyone here with a 5 call 👀
you can never trust anything about Chinese stock valuations. that info is nothing new and it is not due to delisting legislation. wall street does not believe any thing about their numbers so they always appear insanely undervalued. next thing you know they are bankrupt
From 17.06.2020 "Delisting" of China companies Last month, the US Senate passed new legislation that could stop many Chinese companies from listing on US stock exchanges. The bill, which still needs to pass the House of Representatives before becoming law, requires foreign companies to prove that "they are not owned or controlled by a foreign government." It also demands that foreign companies submit to audits by the Public Company Accounting Oversight Board (PCAOB) for three consecutive years. Failure to do so may result in the delisting of a company's shares. Though it covers all foreign companies, the bill aims at improving the transparency of Chinese companies, especially after the recent fraud committed by executives of Luckin Coffee Inc-ADR (OTC:LKNC.Y). If enacted, it will put many Chinese companies in a difficult situation, since complying with these rules means that these companies may end up breaking regulations in China. In response, Chinese companies such as Alibaba Group Holding Ltd-ADR (NYSE:BABA), JD.Com Inc (NASDAQ:JD), and NetEase Inc (NASDAQ:NTES) have sought a secondary listing in Hong Kong, with more companies expected to follow suit. Questioned on this topic in the recent analyst call, Jay Xiao assured investors that he would consider all options available and take necessary steps to protect investors' interests. This includes a listing in Hong Kong, if necessary. Referencing an unnamed article, he added that Lexinfintech is one of 22 Chinese companies, out of more than 150 Chinese companies listed on US exchanges, that currently meet the bill's requirements. As a shareholder, I am concerned with this situation. Still, I find it comforting that the CEO, whose roughly 27% of Lexinfintech's shares make him the company's largest shareholder, openly addressed the issue and reassured investors. I'm also glad that it looks like Lexinfintech already complies with the bill's rules.
this is non sense , outstanding results and keeps dropping. It is going to be PER1-2 next year. Should start pay out earnings
you think they will regain on stockprice?
The market dumped this stock over a less than 5% lower guidance due to regulatory uncertainty. We knew about regulatory uncertainty before the ER, yet we rose more than 10%. Then came the ER and the numbers were terrific. So it is total nonsense that we drop to a 52 week low. I'm buying more as long as the sp is below $7.
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i like the kind of analysis of all you guys about. solid analysis based on P/E and other valuation metrics. this stock popped up on my screener as a screaming buy. i hope it works out my long position.
anyone buying the dip?
why dropped to bad?
Hell yeah. There's no reason it should be tanking with these earnings.
well I have bought the dip yesterday. so Lets wait and see what happens.
What happened to this ?
There is a sell-off due to worries about Chinese regulations and possible delisting due to the geopolitical situation.I personally believe delisting won't happen. I do worry a bit about the regulation part, but Lexinfintech is a solid company. I do trust that they are well prepared. I also think that, tighter regulations, do not warrant an almost 50% reduction in stock price. But hey, that's the market. Once the sell off is triggered, investors will be in panic mode. Time will tell whether this sell-off is justified. I personally believe that the sell-off presents a nice opportunity for long term investors. I did not add to my position, but I'm holding through all the turmoil.
I think the same , volatility is insane in this stock . It is a grow company with per 3-4...once the panic is over the stock should approuch his fair value
long target price 20$
Long from 7.01
1.8B revenue with just only 2B Market Cap. This a hidden gem. Buy and hold onto this!!!
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Long from 6.20
I predict It will up to 9 next week
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trend has changed. On board for $11 target.
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nice volume on that move up.
LX is such a joke. When it rallies make sure you short it hard.
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some news tomorrow ???
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nice change in share price direction.
the second quarter results were good ...
anyone knows why this is going down so badly ? the comany is increasing revenues ...
But not as expected
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not doing well these last trafing sessions.
https://m.wdzj.com/news/hydongtai/6670460.htmlhttps://m.wdzj.com/news/hydongtai/6670460.html
https://m.wdzj.com/zhuanlan/guancha/17-14652-1.html
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bought shares at 8.12
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growth is slowing. Margins are lower.
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financial results will beout Aug 20th. Looking for future guidance on growth and bad loans.
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someone dumped alot of shares. Rebound to 10.00 imminent.
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