$Lufax (LU.US)$ has lit shareholder's money on fire. -94.55% in a measly 3 years. earnings down to 1/10th, dividend cut to 1/10th, and now they stick shareholders with a more than 5% fee for an adr ratio change instead of doing anything to keep the share price from plummeting below $ 1.
instead they'll spend $ 100m buying overpriced assets from ping ans other fintech, assets that no one can actually tell if they will do anything positive for the company.
all the positive catalysts people keep usi...
instead they'll spend $ 100m buying overpriced assets from ping ans other fintech, assets that no one can actually tell if they will do anything positive for the company.
all the positive catalysts people keep usi...
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$Hang Seng Index (800000.HK)$ if you bought an HSI etf in july 1997 and held until now, you'd be sitting on a slight loss. impressive
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$Vinco Ventures (BBIG.US)$ pump and dump. $ 2m revenue, negative $ 546m net income last quarter alone. $ 468m derivative liabilities
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$Nu Holdings (NU.US)$ 43b market cap with 300m in revenue? i'll pass...
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$Lufax (LU.US)$ down more than 2x as much as Didi dropped after Didi posted a $ 4.7B quarterly loss. ![]()
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this is an incredible drop for a stock that was already down 60% ....
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$ARK Innovation ETF (ARKK.US)$ cathie woods is a moron if she thinks US stocks have corrected into "deep value" territory. she must be the biggest pumper in history
her 3rd biggest holding in Ark K is Zoom? seriously? the >video calling app< that hit a market cap of $ 140 billion? is this a joke?
her 3rd biggest holding in Ark K is Zoom? seriously? the >video calling app< that hit a market cap of $ 140 billion? is this a joke?
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$SoftBank Group (ADR) (SFTBY.US)$ softbanks market cap is lower than just their stake in Alibaba alone, excluding their core business, Arm, and all other investments and assets
silly!
silly!
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$Lufax (LU.US)$ poor Lu. IPOd close to the same time as Didi and is getting punished hard for it. their financials are great, they have good growth + good earnings and very good margins. undervalued!
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$Alibaba (BABA.US)$ $ 70 below bottom of march 2020 corona crash. Below what they were at in December 2014, 3 months after IPO. greatest discount I've ever seen in my life
can you imagine Amazon losing 75% of their EV in a year without any change to their revenue, investments, cash, or growth?
this will double within 2 years
can you imagine Amazon losing 75% of their EV in a year without any change to their revenue, investments, cash, or growth?
this will double within 2 years
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$Direxion Daily CSI China Internet Index Bull 2x Shares ETF (CWEB.US)$ thinking of putting my entire account into this
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hgar OP Wins333 : in a past er they've mentioned letting go of salespeople in areas of the country that underperformed as part of their shift to higher quality loans in more economically resilient regions and to cut costs. they had upwards of 90,000 employees in 2021 and 71,000 now
hgar OP Wins333 : the point isn't that reducing employee count is a bad thing, but rather that their earnings have gone down significantly even with aggressive cost-cutting measures by firing thousands of employees, reducing salaries and reducing interest payments by paying off debt early