Stock_Titan
Posted - 8 hours ago
$XNET Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2023
https://www.stocktitan.net/news/XNET/xunlei-filed-its-annual-report-on-form-20-f-for-fiscal-year-xt9u1uf7syv0.html
JohnTill
Posted - 9 hours ago
$XNET For those too lazy to look it up, below is a list of all the companies XNET holds. All of these are on the books at original cost. Insta360 is "Yingshi Innovation Technology Co., Ltd." - 8.73% stake.
JohnTill
Posted - 9 hours ago
$XNET I should have mentioned that Insta360 is a Chinese company that WANTS to IPO but keeps getting blocked by local regulators for the past few years. This is important since the past few weeks China’s securities regulator are finally saying they will encourage the nation’s companies to list in Hong Kong and support initial public offerings, as well as loosen rules on stock trading links and limits. Will this mean that Insta360 can finally IPO? This would be one of the bigger ones of the year if it happens and even the slightest hint this might happen and XNET will go ballistic.
RollingDollar
Posted - 16 hours ago
$XNET
RollingDollar
Posted - 16 hours ago
$XNET
JohnTill
Posted - 17 hours ago
$XNET This past few weeks, no matter where you look, the Insta360 is hitting it out of the park with reviews on its latest camera releases. As mentioned befor, XNET owns ~9% of this company but sitting on XNET's books at original value when it is likely worth 5+ times XNET's current MC once Insta360 IPOs ($500 mill+ in revenues and 50% growth rate for years). Given all the other things XNET is doing this one is going to catch everyone by surprise and I have built up a very decent position now in XNET the last five months avg ~1.47 https://www.tomsguide.com/cameras-photography/gopro-action-cameras/insta360-x4-review-the-ultimate-360-camera That is all icing on the cake when you look at the books...... Market Cap. = $99 million Cash + short-term investments = $271.9 million Book value = $5.15 per share Tangible Book Value = $4.58 per share
johsmith
Posted - 3 days ago
$XNET omg this stock is crazy cheap.
Stocksman45
Posted - 2 weeks ago
@JohnTill I found the original press release of the funding deal to insta360 from $XNET. https://alltechasia.com/2016/04/13/vr-camera-maker-insta360-lands-series-b-financing-led-by-xunlei/?amp=1
It’s a hidden gem of XNET as you pointed out.
Avarmaavarma
Posted - 3 weeks ago
$XNET Solid company, no doubt. But completely unknown - zero marketing, promotions, or PR releases. That's why I got out - with a massive loss..just got tired of waiting. Good luck all.
JohnTill
Posted - 03/30/24
$XNET Funny how everyone has forgotten that xnet owns 9% of Insta360. Insta360 has been hitting it out of the park recently. Pushing $500 mill in revenues now and always ranked in the top three for 360 cameras. When they finally IPO it could easily be a $5-10 billion+ MC given four years of 50% growth. This investment sits on Xnet’s book as original cash value but could easily be worth $500+ million. They want to IPO but got denied in China several times because of foreign revenue. When this IPO occurs, xnet could instantly be a 10 bagger. However, I am invested here for many other reasons but thought this one was worth reminder. IPO is just icing.
JohnTill
Posted - 03/30/24
$XNET Funny how everyone has forgotten that xnet owns 9% of Insta360. Insta360 has been hitting it out of the park recently. Pushing $500 mill in revenues now and always ranked in the top three for 360 cameras. When they finally IPO it should be $5-10 billion+ given four years of 50% growth. This investment sits on Xnet’s book as original cash value. They want to IPO but got denied in China because of foreign revenue. When this IPO occurs, xnet could instantly be a 10 bagger. However, I am invested here for many other reasons. IPO is just icing.
Bazzer99
Posted - 03/28/24
$XNET Wen 15 dolla?
CuteInvestor
Posted - 03/26/24
@WallGoodman For $XNET, this is just low volume manipulation. I have another holding $CDXC which has been trading like XNET for years. Same price, same market cap and same avg. volume for years which is quite funny. Until the volume picks up after the last earning, the stock price went 240% in two weeks. I actually think XNET's financial was better than CDXC. Just nobody noticed it yet so the manipulation keeps going.
CuteInvestor
Posted - 03/26/24
$XNET https://www.qimai.cn/andapp/downTotal/appid/7702662 The number of downloads of Onething Cloud App is surging in recent months. Could it be related to the GPU computing power sharing business? I have recently had a conversation with a sale rep. They seem to expanding the Internet Data Center by promotes larger scale idling computer rooms sharing. The annual contract requirements are graphics cards from 2080Ti to 4090, 50+ devices, and payment can by settled for each individual card. This could be a business grows very fast giving the current shortage of chips in China. The AI training demand is there. We will see how fast they can reach out to the vast supply of computers in China.
WallGoodman
Posted - 1 month ago
$EH $XNET $BZUN DFV
WallGoodman
Posted - 1 month ago
$XNET 100M market cap? You must be kidding me. 5X 2024 mark my word
RaroMalo
Posted - 1 month ago
$XNET Another sell-off / short day that makes 1000 days in the last 3 years. WB, MOMO, BZUN, DADA and many many more. Nice to see JD holding serve.
WallGoodman
Posted - 1 month ago
$XNET buying it. Buying.
JohnTill
Posted - 1 month ago
$XNET Added a decent chunk this morning at 1.45-1.47 at support and right at my avg. price. Earnings appear to have flown right under everyone's radar. Down the road, people will clue into Q4 results.... "subscription business surpassed a significant milestone by reaching almost 6 million subscribers at the end of 2023, and delivered an impressive 26.8% increase in subscription revenues". That is impressive in this market. We need to get past the headline revenue reduction from getting out of the streaming business.
JohnTill
Posted - 1 month ago
$JD Will history repeat itself? Historically, the next few weeks are often rough for the US markets but one of the best periods for China. $XNET $DOYU $RERE
JohnTill
Posted - 1 month ago
$XNET Rather amazing that there are 50+ posts to the MOMO thread and nobody is paying attention to this gem. I added to XNET the pile today in the low 1.50s and will continue to add to weakness. Q4 Conference call was very good. Market Cap. = $99 million Cash + short-term investments = $271.9 million Price = $1.53 Book value = $5.15 per share Tangible Book Value = $4.58 per share Q4 Revenues = $77 million Q4 Net income = $3.7 million = 0.06 per share (non-gap $4.5 million) 2023 PE = 7 but looks on track for far better earnings for 2024 and ~$300+ million in revenues. I was critical early on when they decided to dramatically reduce the live streaming business and reduction in revenues. However I now fully get it now that this business is a curse in China and a political and regulation landmine. I am very glad they are now concentrating on the fast growing, less risky and higher margin parts of the business.
CuteInvestor
Posted - 1 month ago
$XNET Great ER! One important thing to notice is that the increase in G&A expenses was primarily due to the increase in deprecation of Xunlei headquarters building. Which is non-cash and no sustaining capital required. So this is FCF that will not be represented by earning. Expect QoQ increase of approximately 5.7% in Q1 2024. Annualize this we have YoY 25% of revenue growth rate. Now the gross margin is 52% while operating expenses at 50% of the revenue. The further growth of OngThing cloud computing and Xunlei subscription will expand operating margin real fast. We could see 5~8% this year.
fazzu83
Posted - 1 month ago
$XNET as always good ER!
Stock_Titan
Posted - 1 month ago
$XNET Xunlei Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results
https://www.stocktitan.net/news/XNET/xunlei-announces-unaudited-fourth-quarter-and-full-year-2023-wuzfjdhsazvb.html
RollingDollar
Posted - 1 month ago
$XNET
JohnTill
Posted - 1 month ago
$XNET About time this got some proper love. I have been loading in the 1.40s for two months. Tangible book value of $4.48 and a lot of balls in the fire that could play off large. Will not be surprised to see this take off from here.
RollingDollar
Posted - 1 month ago
$XNET
WallGoodman
Posted - 1 month ago
$XNET $BZUN harvest in April. Buy NOW!!!
WallGoodman
Posted - 1 month ago
$XNET 10x candidate gross profit grows healthily every quarter. With $BTC.X $VET.X pumping, this one should 10x soonish.
Stock_Titan
Posted - 1 month ago
$XNET Xunlei Limited Schedules 2023 Unaudited Fourth Quarter and Fiscal Year Earnings Release on March 14, 2024
https://www.stocktitan.net/news/XNET/xunlei-limited-schedules-2023-unaudited-fourth-quarter-and-fiscal-adye2lr7txk3.html