Will it go higher?-To The Moon - Tiger Brokers Online Investing Community - To The Moon

7
3
Favorite

s00sean
2021-07-07

Will it go higher?

Luckin Coffee shares continuously rise after restatement of 2019 financial results.

Luckin Coffee rose 11% On Tuesday, and has surged more than 50% in the past week. Luckin Coffee rel

Luckin Coffee shares continuously rise after restatement of 2019 financial results.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

7

Report

Comment（3）

Top
Latest

Jackytan
·2021-07-07
it's probably seen its lowest, so going higher is a matter of when, not if - and by how much. Though the truth of the fraud may be out now, the truth about its strength isn't. I'm not touching it yet.
Reply
Like
Report
Fold Replies
- pandajojo:
  Like n comment pl
  2021-07-07
  Reply
  Report
andrew123
·2021-07-07
uncle roger says "wat u think, wat u think:
Reply
Like
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":157474807,"tweetId":"157474807","gmtCreate":1625613785409,"gmtModify":1703744779093,"author":{"id":3569192339304768,"idStr":"3569192339304768","authorId":3569192339304768,"authorIdStr":"3569192339304768","name":"s00sean","avatar":"https://static.tigerbbs.com/2e52c3aa8007bcce5b9870072532f1cd","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":9,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Will it go higher?</p></body></html>","htmlText":"<html><head></head><body><p>Will it go higher?</p></body></html>","text":"Will it go higher?","highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/157474807","repostId":2147181921,"repostType":4,"repost":{"id":"2147181921","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1625584140,"share":"https://www.laohu8.com/m/news/2147181921?lang=&edition=full","pubTime":"2021-07-06 23:09","market":"us","language":"en","title":"Luckin Coffee shares continuously rise after restatement of 2019 financial results.","url":"https://stock-news.laohu8.com/highlight/detail?id=2147181921","media":"Dow Jones","summary":"Luckin Coffee rose 11% On Tuesday, and has surged more than 50% in the past week.\n\nLuckin Coffee rel","content":"<p>Luckin Coffee&nbsp;rose&nbsp;11%&nbsp;On Tuesday, and&nbsp;has&nbsp;surged&nbsp;more&nbsp;than&nbsp;50% in the past&nbsp;week.</p>\n<p><img src=\"https://static.tigerbbs.com/c73cfd66ba216cf812a82753ece61c49\" tg-width=\"782\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p>\n<p>Luckin Coffee released its&nbsp;audited 2019 financial statementson the evening of June 30, detailing thefraudcommitted by the company more than two years ago andadmitted to in April 2020.</p>\n<p>The report shows Luckin Coffee’s fraudulent transactions began as early as April 2019, while it inflated operating income by RMB 2.12 billion (USD 327.7 million) for the entirety of 2019. Luckin Coffee’s revenue inflation increased throughout the year, totaling RMB 250 million (USD 38.6 million) in Q2 2019, RMB 700 million (USD 108.2 million) in Q3, and RMB 1.17 billion (USD 172.6 million) in Q4.</p>\n<p>While the company’s number of monthly transacting users increased sharply in 2019, largely due to a deluge of subsidies for free coffee, the number of cups of coffee consumed per user fell from around three in 2018 to 2.59 in 2019. Luckin Coffee recorded a net loss of RMB 3.16 billion (USD 488.4 million) in 2019, an increase of 95% year-on-year.</p>\n<p>After the financial misrepresentation came to light and the US Securities and Exchange Commission leviedhefty finesagainst the company, Luckin Coffee has attempted to revive its business byrestructuring debtandraising USD 250 million in April. The companysaid on Wednesdaythat it currently operates more than 5,200 stores throughout China.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Luckin Coffee shares continuously rise after restatement of 2019 financial results.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLuckin Coffee shares continuously rise after restatement of 2019 financial results.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-06 23:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Luckin Coffee&nbsp;rose&nbsp;11%&nbsp;On Tuesday, and&nbsp;has&nbsp;surged&nbsp;more&nbsp;than&nbsp;50% in the past&nbsp;week.</p>\n<p><img src=\"https://static.tigerbbs.com/c73cfd66ba216cf812a82753ece61c49\" tg-width=\"782\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p>\n<p>Luckin Coffee released its&nbsp;audited 2019 financial statementson the evening of June 30, detailing thefraudcommitted by the company more than two years ago andadmitted to in April 2020.</p>\n<p>The report shows Luckin Coffee’s fraudulent transactions began as early as April 2019, while it inflated operating income by RMB 2.12 billion (USD 327.7 million) for the entirety of 2019. Luckin Coffee’s revenue inflation increased throughout the year, totaling RMB 250 million (USD 38.6 million) in Q2 2019, RMB 700 million (USD 108.2 million) in Q3, and RMB 1.17 billion (USD 172.6 million) in Q4.</p>\n<p>While the company’s number of monthly transacting users increased sharply in 2019, largely due to a deluge of subsidies for free coffee, the number of cups of coffee consumed per user fell from around three in 2018 to 2.59 in 2019. Luckin Coffee recorded a net loss of RMB 3.16 billion (USD 488.4 million) in 2019, an increase of 95% year-on-year.</p>\n<p>After the financial misrepresentation came to light and the US Securities and Exchange Commission leviedhefty finesagainst the company, Luckin Coffee has attempted to revive its business byrestructuring debtandraising USD 250 million in April. The companysaid on Wednesdaythat it currently operates more than 5,200 stores throughout China.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147181921","content_text":"Luckin Coffee rose 11% On Tuesday, and has surged more than 50% in the past week.\n\nLuckin Coffee released its audited 2019 financial statementson the evening of June 30, detailing thefraudcommitted by the company more than two years ago andadmitted to in April 2020.\nThe report shows Luckin Coffee’s fraudulent transactions began as early as April 2019, while it inflated operating income by RMB 2.12 billion (USD 327.7 million) for the entirety of 2019. Luckin Coffee’s revenue inflation increased throughout the year, totaling RMB 250 million (USD 38.6 million) in Q2 2019, RMB 700 million (USD 108.2 million) in Q3, and RMB 1.17 billion (USD 172.6 million) in Q4.\nWhile the company’s number of monthly transacting users increased sharply in 2019, largely due to a deluge of subsidies for free coffee, the number of cups of coffee consumed per user fell from around three in 2018 to 2.59 in 2019. Luckin Coffee recorded a net loss of RMB 3.16 billion (USD 488.4 million) in 2019, an increase of 95% year-on-year.\nAfter the financial misrepresentation came to light and the US Securities and Exchange Commission leviedhefty finesagainst the company, Luckin Coffee has attempted to revive its business byrestructuring debtandraising USD 250 million in April. The companysaid on Wednesdaythat it currently operates more than 5,200 stores throughout China.","news_type":1},"isVote":1,"tweetType":1,"viewCount":681,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":15,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5142978,"commentId":"5142978","gmtCreate":1625615584025,"gmtModify":1663230621552,"authorId":3555065151273039,"author":{"id":3555065151273039,"idStr":"3555065151273039","authorId":3555065151273039,"name":"Jackytan","avatar":"https://community-static.tradeup.com/news/6b0314202f797581d3e8716a67f721e6","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.30%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157474807,"objectIdStr":"157474807","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"it's probably seen its lowest, so going higher is a matter of when, not if - and by how much. Though the truth of the fraud may be out now, the truth about its strength isn't. I'm not touching it yet.","text":"it's probably seen its lowest, so going higher is a matter of when, not if - and by how much. Though the truth of the fraud may be out now, the truth about its strength isn't. I'm not touching it yet.","html":"it's probably seen its lowest, so going higher is a matter of when, not if - and by how much. Though the truth of the fraud may be out now, the truth about its strength isn't. I'm not touching it yet.","likeSize":0,"commentSize":1,"subComments":[{"id":5143085,"commentId":"5143085","gmtCreate":1625616002698,"gmtModify":1663230617933,"authorId":3578965435978206,"author":{"id":3578965435978206,"idStr":"3578965435978206","authorId":3578965435978206,"name":"pandajojo","avatar":"https://static.tigerbbs.com/7efe44a2514d987c5a8b342b85d6f229","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157474807,"objectIdStr":"157474807","type":1,"supId":5142978,"supIdStr":"5142978","prevId":0,"prevIdStr":"0","content":"Like n comment <u>pl</u>","text":"Like n comment <u>pl</u>","html":"Like n comment <u>pl</u>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":5142715,"commentId":"5142715","gmtCreate":1625614507256,"gmtModify":1663230620355,"authorId":3576260758860416,"author":{"id":3576260758860416,"idStr":"3576260758860416","authorId":3576260758860416,"name":"andrew123","avatar":"https://community-static.tradeup.com/news/f2a1eaba26272212d42018e60e78b422","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157474807,"objectIdStr":"157474807","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"uncle roger says \"wat u think, wat u think:","text":"uncle roger says \"wat u think, wat u think:","html":"uncle roger says \"wat u think, wat u think:","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}