Added to YB: 2024-03-21
Pitch date: 2024-03-20
LU [bullish]
Lufax Holding Ltd
-37.36%
current return
Author Info
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Company Info
Lufax Holding Ltd engages in the retail credit and enablement business to borrowers and institutions in the People’s Republic of China.
Market Cap
$8.9B
Pitch Price
$2.23
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.13
P/E
-3.99
EV/Sales
1.09
Sector
Consumer Finance
Category
value
Turtles Research Initiates Trade with Lufax Holding Ltd
LU: Lufax P2P lending firm 41% owned by Ping An, HK shares jumped pre-earnings on insider trading speculation, still trades at 14% tangible book & 7x fwd PE. Earned over market cap in 2021 peak, paid half in 2022 divs. Low fraud risk w/ Ping An backing. Speculative buy at $3.3.
Read full article (1 min)