Jun. 18 at 9:04 PM
$LX They want to be QFIN, doing the cash light model, the opposite of LU and YRD. That's why revenue doesn't grow much, but profitability rises. (no upfront provisions to book as revenue and cost).
Worked out very well for QFIN, so I am optimistic. I estimate LX will pay more than 10% div at this price next year.
