Sep. 19 at 2:04 PM
$LU
EGM is Sept. 30th so you would think no news before then...
But we are frisky in a way not seen for a while here - someone front-running whatever news comes after EGM or is John Till right they could drop a PR early?
Cash per share
$6+, book is
$13+, and EGM is about increasing caps for business for Ping An Finance given how much extra business is being done -- let that sink in
All under new model which has higher take rate and whose upfront loan provisions will finally start to roll back to bottom-line very soon...
This can easily do a
$LX run from
$1.3 to
$12+, so
$3 to ...
Yeah, I would front-run this stock -- oh right, I did :)
