Exchange: NASDAQ·Updated 06:17 PM EST
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XNET Xunlei

$3.73
$0.105
(3.08%)
Today
Closed $3.52
$0.2077
(5.90%)
After Hours
EarningsNov 12
Mkt Cap$224.37M
Vol418,596.00

About XNET

Xunlei Ltd. is a technology company providing distributed cloud services. It provides a wide range of products and services across cloud acceleration, blockchain, shared cloud computing and digital entertainment to deliver an efficient internet experience. The company was founded by Sheng Long Zou and Hao Cheng in December 2002 and is headquartered in Shenzhen, China.
50

Neutral Sentiment

How do you feel about XNET?

Bibby12
$XNET Arashi looks like it’s bottomed. 220 million net cash plus current value of Arashi 488 million. 220+488=708. 708 million dollars divided by 63 million shares outstanding equals 11.23 a share in cash. Bizarre.
2
Bibby12
$XNET this is stupid cheap. Do some DD. I’ve accumulated over 100k shares over the past week with avg around 3.55-3.60 per share. Just waiting for the inevitable pop.
Bibby12
$XNET I was using AI to analyze the 45% threshold related to Arashi Vision stake and the investment company act of 1940. The final result was that mgmt is likely to go private. They can get the company on the cheap with a low ball offer say 5….6 bucks a share. Insiders hold so much that this could be done with cash on balance sheet. The Arashi stake would essentially be free. This is easier than selling the Arashi stake to comply with investment company act of 1940. Probably before June of 2027.

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