LX LexinFintech Holdings

$LX So basically Yiren Digital Ltd $YRD is getting out of business and cheated its investors. Now the fears are that $LX $QFIN $LU etc might do the same, hence they are all down, after weeks of down. There is no indication that $LX which is the stock i'm invested in is involved in criminal instances like that, but even the slight possibility scares the market to shit. This is a really tough one to digest and hold, but I still trust $LX can still see some good days. However, I find it unexplicable that the company has made no announcement since the earnings call, not even about a potential delisting risk. The board, along with the other players in the sector, need to reassure the market.

$LX $LU The other peers are performing well, it’s unbelievable how dumb the market is, today they should have gone up by at least 10% given they’re the companies with the best risk/reward profile.

$LX For every 1% appreciation of CNY against USD, LX's USD-denominated book value increases by approximately $18 million, equivalent to roughly 17% of its current market capitalization, given its 0.059x price-to-book ratio. For the TTM the ccy gain alone is worth 104% of LX's current market cap.

$LX fewer companies left to offer financing to largest population in the world. Wild to think about.

$LX weird price action. Remember, the Chinese have always inside info and act accordingly. This could be it fellas. Buyback incoming.

$LX Some bullish unverified rumors in snowball. Personally I pay very little attention to rumors, but same people mentioned the layoffs news since last May or so, before the Q2 announcements. Sometimes they come up with alpha. We(I) are so desperate, even a fake rumor would make my day better :)

$LX PB 0.058x and we’ll go lower if $LU does not provide some hope for the sector in their ER on Tuesday

If $LX management were smart, they would let their existing loans run off, freeze originations and opex, and within 10 months have enough cash to buy the majority of $QFIN even at a significant premium. Would be a great use of cash!

$LX i really hope there won’t be a major dumping tomorrow after they post the delisting notice

$LX that delisting notice is gonna stink but it is what it is. It could have been worse

$LX 0.66 usd… what is the bearish thesis here? The stock is valued as it was totally bankrupt. I’m amazed to see how low it gets every week

$LX will need to trade back above 1 bid at close within a few days to avoid notififcation from SEC.

$LX $3+ by December 2027 which should allow me to breakeven...or should I say...YIKES, I am 232 pennies short.

$LX Fenqile offer of a free month of interest to new App clients is the biggest unkown of whether it might attract customers from other platforms during a tighter lending cycle. And not a peep about it anywhere.

$LX So..... ..."To regain compliance, Lexin is evaluating options such as adjusting the ratio of its ADSs to Class A ordinary shares. The company’s management has stated that the notice does not affect its day‑to‑day business operations, SEC reporting obligations, or overall strategic trajectory, but it will take corrective steps to bring its bid price back into compliance and avoid future regulatory penalties."...

$LX BABA should do a 1:17 swap, take over LX for $6 /share, fold it into ANT group. (which will be listed soon anyway.) BABA share count increases by 10 million from 2.5 billion to 2.6 billion.

$LX our research indicates, they can't, given M&A / consolidation talks in the background...

$LX LX IR and management do not work for shareholders, they are only interested in their current positions and maintaining the status quo. Management/IR claims the balanace sheet cash is better directed towards the core business. For argument's sake, assume book value approximates liquidation value. If LX shares appreciated at an extraordinary 20% compounded annually, it would take more than 15 years just to reach today's book value. Fifteen years. At 20% CAGR. Just to get back to the value theoretically available to shareholders today. An unserious management team who are, unfortunately, beyond reproach.

$LX I sold out and lost few money. I may buy it back after the write down. Or regulation settle on Industry.(after q3) It's hard to know the bottom. Neutral for now.

$LX $QFIN $LU thought experiment and key to my conviction for holding all three: what % of delinquencies and unpaid loans would justify current valuations.