Luokung Research analyst report from China (2019)
@Rockethead From Stocktwitz Thanks for the GOLDMINE! That analyst report is 100% legit.
That link contains, by far, the best reasons to invest in LKCO!
Wu Li is the deputy director of the Tianfeng Securities research institute (130 employee as per LinkedIn). It is a top world class analyst firm, acknowledged by reuters, they won a gold award in their field, recently. They made over 2000 reports since inception.
The projected revenue for Luokung in 2021 is twice what I was expecting (300m$), therefore I have to up my price target for EOY to 15$/share.
I'm hesitating to go higher because they mentioned they had some issue with covid and that they lost 2 contracts because of the delisting thing (from their last filling). These 2 factors could reduced the potential revenue.
The new official LKCO PR https://www.luokung.com/en/press/131.html
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