Luckin Coffee (LKNCY) : Outlook Up β¬οΈ πβ
On Apr. 11, Luckin Coffee announced that it had successfully emerged from all of its Chapter 15 bankruptcy proceedings. With that, the company had finally restructured its financial debt β at least, in the U.S. Luckin Coffee Chairman and Chief Executive Officer (CEO) Jinyi Guo spun this event in a positive light, as you might expect. βToday marks a new beginning for Luckin Coffee [β¦] As we have emerged from this process successfully with the support of our creditors, we are confident that Luckin Coffee is well positioned for long term growth and creation of stakeholder value,β Guo declared.
Maybe this talk of a βnew beginningβ isnβt just hollow CEO-speak. After all, now that Luckin Coffee has the Chapter 15 monkey off of its back, the company can concentrate on its business operations. Besides, Luckin has had pretty good luck lately, fiscally speaking. In the fourth quarter of 2021, the company grew its revenue by more than 80%. Furthermore, the companyβs fiscal-year 2021 net revenues nearly doubled year-over-year.
So, just maybe, Luckin Coffee will emerge bruised, but not broken. With that in mind, intrepid investors can consider a long position in LKNCY stock. Just be sure to treat this investment like a strong cup of coffee β best taken in moderate doses.
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$LKNCY
As a "fraud company" No one trusts Luckin if they haven't been here for the aftermath. Thats a deep discount which is on top of the Chinese stocks will be delisted discount which is on top of the general, don't trust anything in China discount.
If the audit agreement is reached, all the discounts get rolled up and thrown away. China's not in a recession. China will stimulate their economy and will not go into a recession.
This whole thing is a joke. Buy, buy, buy. The accounting deal is coming. China has no choice.
$Luckin Coffee Inc.(LKNCY)$ Over the next 52 weeks, Luckin Coffee Inc has on average historically risen by 101.4% based on the past 1 years of stock performance. Luckin Coffee Inc has risen higher in 1 of those 1 years over the subsequent 52 week period, corresponding to a historical accuracy of 100%
$Luckin Coffee Inc.(LKNCY)$
Since our last writeup was published in August 2021, Luckin Coffee Inc. (OTCPK:LKNCY) has successfully addressed all the issues related to the accounting scandal while maintaining positive momentum of its core business, yet its stock has drifted substantially lower, trading at only 2X Price to Sales (P/S) and $0.5 million per store.
We believe that this deep valuation gap vs its peers is not sustainable and a relisting to a main exchange is imminent. Upon a successful relisting, LKNCY's stock will have at least 3x upside from the current level even assuming a discount for ADR delisting concerns.
$Luckin Coffee Inc.(LKNCY)$ va $Starbucks(SBUX)$ - which one has moving value
$Luckin Coffee Inc.(LKNCY)$ : a Buy rating at $5.60 please discuss; they have resolved their Bankruptcy issues and now will this be a taper down followed by a bull run come May/June 2022
$Luckin Coffee Inc.(LKNCY)$ is the correct link; promising yea
$Luckin Coffee Inc.(LKNCY)$
Buy when it touches $5.80, well this stock will skyrocket in a bull market
Is $Luckin Coffee Inc.(LKNCY)$ going to $5.60 levels this week?
$Luckin Coffee Inc.(LK)$ target price $5.60 let's gogogo
$Luckin Coffee Inc.(LKNCY)$ I've made tons of profit at $5.60 let's buy at this target price