$LEJUY Earnings supposedly 11/21. A once fine company has been batted down into the netherworld, never to be seen again most probably. That said, anyone taking a chance?
$LEJUY
$.20 bid oh my they are done for
will go dark within what, six months? just like their part owner EHOUSE did years ago
but bet believe the officers are all being paid well
$LEJUY InvestingPro Data paints a detailed picture of Leju Holdings' financial status. The company's market capitalization stands at a modest 15.16 million USD, and it is trading at a low Price/Book ratio of 0.44 as of the last twelve months ending Q2 2023. This ratio, often used to compare a firm's market value to its book value, could indicate that the stock is undervalued. The revenue for the same period was 332.27 million USD, although it experienced a decline of 17.44% from the previous year.
$LEJUY In light of the recent NYSE delisting proceedings against Leju Holdings Limited, investors may find the following insights from InvestingPro particularly pertinent. Despite the challenging circumstances, Leju Holdings maintains a stronger liquidity position than might be expected, holding more cash than debt on its balance sheet. This can be a key factor for companies in weathering financial uncertainties and potentially restructuring their operations.
Additionally, analysts following the company anticipate sales growth in the current year. This projection could suggest underlying business potential that may not be immediately apparent from the delisting news. However, it is important to note that Leju Holdings has not been profitable over the last twelve months, which contributes to the concerns leading to its delisting.
$LEJUY
The company retains the right to request a review of this decision by a Committee of the Board of Directors of the NYSE. If the delisting proceeds after all procedures are followed, including any appeal by the company, the NYSE will file an application with the Securities and Exchange Commission to formally remove the company's shares from the exchange.
