2024-05-15 03:13:03 ET
Summary
- The company is currently valued at under $500 million. With a liquidation value of $1.3 billion - providing a margin of safety of a 60% discount to liquidation value.
- Qudian has implemented two share repurchase programs, buying back shares at a significant discount and unlocking massive value for shareholders.
- $94 million spent so far on the share repurchase programs unlocked a total value of $320 million for shareholders.
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Qudian: 60% Discount To Liquidation Value And Massive Value Creation From Buybacks