ChowCCJ
2022-03-14

$Luokung Technology Corp(LKCO)$Just curiouswhy this firm is taking quite a beating the same way as other Unicorns. It has quite different aspects as a typical unicorn, with 

1. Positive earnings. 

While other Unicorns are delivering marginally Positive earnings or mostly negative earnings, LKCO has delivered very strong earnings with decent forecast in a challenging environment. 

2. Strong balance sheet 

The company has minimal debt in place which is well positioned for rising interest rates from Fed. 

3. Attractive outlook 

The company has strong partnerships with some of the largest firms in the industry, like MSFT, F and others. I don't think these companies would enter a deal with a company without strong convictions. 

4. Well prepared for regulators 

With so many ADR predecessors adapting into various regulatory issues in China & US, eMapGo Isa subsidiary to segregate various data issues, like Tik Tok/ DouYin by Bytedance. 

5. Technology that is ahead of it's time 

From LKCO tech, it resolves tethering/ latency/clarity issues that most of its competitors face. I was told that it's clarity level is way ahead of existing technology, and no latency issues (though I believe it is likely minimal instead of no). 


Has been taking a long position on LKCO, and will be practicing DCA in this period. Appreciate if more pros can advise further on this firm, and provide more insights for me on my journey with LKCO. Thanks in advance [Happy] 

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Comments

  • Cedric77
    2022-03-21
    Cedric77
    Is a tick for all you have listed.Taking a Long and DCA on LKCO is the right decision.What we need is patient.LKCO is a worthy stock to park and nest our $!
  • aaffsmcjje
    2022-03-16
    aaffsmcjje
    Ill be flying from now
  • DonnaMay
    2022-03-14
    DonnaMay
    I think this company still has some prospects.
  • HilaryWilde
    2022-03-14
    HilaryWilde
    I'd like to see an increase in volume.
  • EvanHolt
    2022-03-14
    EvanHolt
    The company is at an all-time low.
  • Semangkaka
    2022-03-29
    Semangkaka
    Yes
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