Jordan857 Posted - 1 week ago

$LX Dividend today.

Jordan857 Posted - 1 week ago

$LX if you buy tomorrow you get the Divi, right?

Jordan857 Posted - 1 week ago

$LX I have just bought to get the Divi.

TimChecco Posted - 1 week ago

$LX Ex dividend day today. $0,066 cents per ADR. Almost half of what the first dividend was, but the fourth quarter 2023 results were bad so that makes sense. Really hope to see recovery in Q1 so the dividend can increase again to $0,09 / $0,10. In the meantime I patiently wait for better times.

jonny500 Posted - 1 week ago

$LX Trading well below cash now. While they are paying back the convertible bonds, I guess there is only so much they can do to support the stock. Soon they will be past that, maybe that will help. Just need profits to more or less hold up. A lot of patience has been needed for this one, sigh. But from what I can tell they have been building significant shareholder value.

TimChecco Posted - 1 week ago

$LX Jeez, never ending story it is. Testing my patience once again. Would have expected it moved towards the $3 instead of $1. Only benefit of this ridiculously low price is that I can buy more shares for a low price when we receive the cash dividend.

Jordan857 Posted - 2 weeks ago

@Bobbycav do you mean $LX ?

TimChecco Posted - 2 weeks ago

$LX

Jorris Posted - 3 weeks ago

$LX whats the product website of lexinfintech? Where they sell the actual products?

FoolishSpeculator Posted - 03/28/24

@Shtarship777 I don't think the market cap is really relevant, but you are right, looking at e.g. net margin, $QFIN seems significantly higher ~26% as opposed to ~11% net margin $LX.

Shtarship777 Posted - 03/28/24

$LX investor presentation is updated. These guys are a joke. Spending as much as $QFIN on admin expenses while having 1/10th of market cap. Every single metric is ugly in their report

Godlytrades Posted - 1 month ago

$LX Why aren’t you doing share buybacks?

potty1313 Posted - 1 month ago

$LX What do you guys think about the implications of this for LX? Looks like bigger is better https://www.reuters.com/world/china/chinas-consumer-lenders-set-shakeout-new-rules-raise-bar-2024-03-21/

TimChecco Posted - 1 month ago

$LX reported a better quarter than $LU and guess what: LU is up 40% due to a very large special dividend. LX is down 10%. Long term I believe LX will turn out to be a great investment. Along the way collecting 10% annual dividend rate.

ZonataTwits Posted - 1 month ago

$LX is a buy and hold for dividends. I don't care about price action. If it stays there I'll slowly buy more and hold 10+ years if I have to.

TimChecco Posted - 1 month ago

$LX hope we can finish close to green. Think when we got rid of the ER gamblers we will go back up again.

torotoro222 Posted - 1 month ago

$LX i’m a bit confused with price action. These results weren’t bad, and we basically have no action - i believe that these are exits of people who were counting on spicier reaction. (Imho). Why there are nothing on the call?

Jalferi Posted - 1 month ago

$LX all numbers are nice, just in Q4, were investment lost huge - just this investment lost is difference between net income Q3 and Q4. I think this will be not again in Q1/24. Otherwise it is helthy growing company with one of the best P/E - I think best time to buy today with small discount

Shai360 Posted - 1 month ago

$LX ok, let's look at the actual results... People here will go all gaga over the headline "net income decreased by 96%" - but if you look more closely these results for Q4 include over RMB1B of "Change in fair value of financial guarantee derivatives and loans at fair value", "Provision for contingent guarantee liabilities" and "Investment loss" - which are not only non-recurring but also are largely fake devised from the market devaluing the same assets held... So overall great report

TimChecco Posted - 1 month ago

$LX While Q4 definitely could have been better it’s good to see the full year picture and some other numbers: “Net income increased by 29.1% from RMB826 million in 2022 to RMB1,066 million in 2023.” And: “Gross profit increased by 48,7% from RMB3.035 in 2022 to RMB4.513 in 2023.” Net income Q4 2023 decreased by 96%. Why: “The investment related impairment losses were related to the investment and related prepayment for equity interests of a domestic private bank.” “Gross profit increased by 20.6% from RMB1,043 million in the fourth quarter of 2022 to RMB1,258 million in the fourth quarter of 2023.” And: “90 day+ delinquency ratio was 2.90% as of December 31, 2023, as compared with 2.67% as of September 30, 2023.” I think we will lose some of the gains from the last couple of days, but overall it was a decent year. They gave a careful outlook for the se results as 2023. Also they have a 10% dividend yield, paying $0,182 per ADS for the first full year.

stuarg Posted - 1 month ago

$LX take the income and be good to yourselves. Let’s see what their little asses have to say on the call

masked_trader Posted - 1 month ago

$LX I don’t get it. Was it a bad report??

luoyuchun1977 Posted - 1 month ago

$LX 3.7% increase of earning. Very healthy report.

CLJGMC Posted - 1 month ago

$LX I still there the company is underestimated

Jirolamo366 Posted - 1 month ago

@Shtarship777 from your previous posts looks like you created a fake account just to scuttle $LX

Shtarship777 Posted - 1 month ago

$LX scam

jayle1 Posted - 1 month ago

$LX that income is a joke. Fluctuating way more than little D.

Allinpennystock Posted - 1 month ago

$LX Great earnings

redangus200 Posted - 1 month ago

$LX #sameolesheet

torotoro222 Posted - 1 month ago

$LX funny, no nothing?